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City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

News

A proptech firm is to spend �1 billion buying up 3,000 private rented properties with low EPC ratings around the UK, which it plans to retrofit and rent out on behalf of its backers. With many individual landlords threatening to quit the sector - faced with licensing schemes an

40% of privately rented homes won't make 2028 deadline - agents claim

40% of privately rented homes won't make 2028 deadline - agents claim

News

Forty per cent of privately rented homes in England are unlikely to achieve the energy efficiency rating target that is due to come into force in 2028. Trade organisation Propertymark says its analysis of the latest English Housing Survey shows that 60 per cent of the rental sec

Looming EPC rules to cause mayhem in the rental market, warns senior figure

Looming EPC rules to cause mayhem in the rental market, warns senior figure

News

A staggering one-third of landlords plan to quit the sector or do nothing to address energy efficiency failings if and when new EPC regulations kick in. Research carried out on behalf of Paragon Bank reveals that 21% of landlords would not carry out any necessary works to bring

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

News

The NRLA has played down landlords fears about new Government proposals to give tenants the right to request a pet. Speaking on the Radio 4 You and Yours programme, director of policy Chris Norris said many landlords werent too worried about the government

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

Opinion

An official briefing document for MPs has underlined the contradictory position the government has manoeuvred itself into over landlords and letting agents who advertise properties as No DSS. The House of Commons Library document makes for interesting reading because, base

Well-known landlord jailed after defrauding HMRC out of £500,000

Well-known landlord jailed after defrauding HMRC out of £500,000

News

A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat

Many UK buildings are in danger of becoming unusable in heatwaves

Many UK buildings are in danger of becoming unusable in heatwaves

News

As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate

'War on landlords' latest - 46,000 rental properties to disappear this year

'War on landlords' latest - 46,000 rental properties to disappear this year

News

An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE

The cost of living crisis affects landlords as well as tenants

The cost of living crisis affects landlords as well as tenants

News

With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.

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Rent campaigners block bailiffs from evicting disabled man from home

Rent campaigners block bailiffs from evicting disabled man from home

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Protesters have managed to block bailiffs from evicting a couple who had been handed a Section 21 notice.

Tenants reveal how they feel about renting in Total Property’s survey

Tenants reveal how they feel about renting in Total Property’s survey

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Only 17% of tenants feel more supported by the Labour Government than they did under the Tories, despite the ambitions of the Renters’ Rights Bill, while the same number feel less supported.

Half of Property Redress cases resolved through early resolution

Half of Property Redress cases resolved through early resolution

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Half of all cases received by Property Redress last year were resolved through early resolution, despite a 20% rise in complaints.

Landlord sells 23 properties in 16 days: get the highest price now before the market drops

Landlord sells 23 properties in 16 days: get the highest price now before the market drops

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Landlords, sell now before prices drop. Shauna sold 23 properties in 16 days with Landlord Sales Agency. Act fast for the best price.

Landlords still want to buy despite stamp duty hike, survey reveals

Landlords still want to buy despite stamp duty hike, survey reveals

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Hikes in stamp duty rates have failed to dampened landlords’ appetite to buy more properties, a new survey has revealed.

The areas where landlords face the most challenges with deposits are revealed

The areas where landlords face the most challenges with deposits are revealed

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The areas where landlords face the most challenges with deposits have been revealed, with Oxford leading the way.

Landsec rebalancing to residential signifies a growing trend…

Landsec rebalancing to residential signifies a growing trend…

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News
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Land Securities (Landsec), last week reaffirmed its intention to reduce exposure away from office developments towards higher-yielding residential assets

Landlord couple told to pay £8,748 back to five tenants

Landlord couple told to pay £8,748 back to five tenants

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A landlord couple who blamed Lambeth Council’s maladministration of its online application system for their unlicensed HMO have been told to pay £8,748 back to five tenants.

Concerns raised in House of Commons about new EPC rules for landlords

Concerns raised in House of Commons about new EPC rules for landlords

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Concerns have been raised in the House of Commons about the impact of new EPC regulations on landlords.

Rental prices continue to climb at near-record rate

Rental prices continue to climb at near-record rate

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Average UK private rents increased by 8.4% in the 12 months to August, down from 8.6% in the 12 months to July.

Portfolio landlords buying more properties through companies

Portfolio landlords buying more properties through companies

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Landlords who use limited company structures are incorporating a much larger proportion of their portfolios to mitigate tax changes.

Generous renters dip deep to help homeless youngsters

Generous renters dip deep to help homeless youngsters

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Kind-hearted mydeposits customers have donated more than £66,000 of interest earned on their deposits to the Centrepoint charity.

New rules on standards as Renters’ Rights Bill published

New rules on standards as Renters’ Rights Bill published

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The Government’s Renters’ Rights Bill has been published and could be introduced as soon as spring next year. James Kent, the NRLA’s Chief Innovation Officer and founder of the digital compliance platform Safe2 explores what the Bill proposes when it comes to safety and standards in your rental home

Landlords urged to offer more tenant-friendly technology

Landlords urged to offer more tenant-friendly technology

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Nearly three-quarters of UK tenants (73%) who aren’t using digital tools in their rental properties would like to give them a try.

Edinburgh landlords win legal challenge over suspensions

Edinburgh landlords win legal challenge over suspensions

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Short-term let landlords in Edinburgh have won a third successful challenge against the council’s licensing scheme.

Think Digital: Proptech to come under the microscope at NRLA Conference

Think Digital: Proptech to come under the microscope at NRLA Conference

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With one eye on the horizon the NRLA is always looking for ways to streamline the lettings process, making it quicker and easier for landlords and tenants. Here James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, looks forward to the association’s 2024

Renters' Rights Bill due back in Commons next month

Renters' Rights Bill due back in Commons next month

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The Renters’ Rights Bill returns to the Commons for its second reading next month, as the new government fast-tracks its shake up of the PRS.

Landlord fined for failing to improve cold and mouldy home

Landlord fined for failing to improve cold and mouldy home

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A rogue landlord who persistently ignored requests to carry out improvement works on her property has been ordered to pay £2,400.

TECH: Platform delivers insights to ease property-buying process

TECH: Platform delivers insights to ease property-buying process

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News
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Landlords are being encouraged to trial a tech tool that gives them new insights to make property buying less risky.

North-South rental gap is smallest in a decade

North-South rental gap is smallest in a decade

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The gap between rents in the North and South of England has closed to its smallest level since 2013.

Councils’ disastrous journey into commercial property investments

Councils’ disastrous journey into commercial property investments

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English councils collectively went on a near £7bn commercial property buying spree, a reel into cinemas proved to be a disaster...

Landlord left family living in fear at unlicensed home

Landlord left family living in fear at unlicensed home

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A rogue landlord who left a family of eight living in damp and dangerous conditions has been told to pay more than £3,000 by magistrates.

Calls grow for short-let licensing to rebalance PRS

Calls grow for short-let licensing to rebalance PRS

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MPs are pushing the government to introduce a licensing scheme for short-term lets in England.

Stock crisis predicted to worsen as landlords brace for bad news

Stock crisis predicted to worsen as landlords brace for bad news

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More than one in 10 homes for sale on Zoopla in July were formerly rented, prompting fears that a challenging autumn budget could further increase sales.

Expected tax grab prompts fearful landlords to quit

Expected tax grab prompts fearful landlords to quit

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An ongoing shortage of rental properties is expected to keep pushing rents higher as more landlords look to scale back their portfolios.

Suspended jail term for landlord who ignored safety checks

Suspended jail term for landlord who ignored safety checks

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A rogue landlord has been handed a suspended jail sentence after she failed to maintain gas appliances at her rental property.

Rogue exempt accommodation landlords face tough crackdown

Rogue exempt accommodation landlords face tough crackdown

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The government has vowed to take action on rogue landlords who exploit vulnerable residents in exempt accommodation.

Landlord Exodus: Tough New Rules spark mass Sell-Off

Landlord Exodus: Tough New Rules spark mass Sell-Off

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A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Reform Bill, mounting financial pressures, the list of reasons goes on.

Steep house prices curb renters' home buying ambitions

Steep house prices curb renters' home buying ambitions

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A third of renters (33%) don’t plan to ever own their own home, up from a fifth (20%) in 2022.

Warning: Landlords will race to beat Section 21 ban

Warning: Landlords will race to beat Section 21 ban

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A “tsunami of landlords” will put in Section 21 notices before the ban is implemented, predicts Landlord Action’s Paul Shamplina.

Renters' Rights Bill heralds biggest change to sector in 30 years

Renters' Rights Bill heralds biggest change to sector in 30 years

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Landlords are bracing themselves for the impact of a ban on Section 21 after the government published its Renters’ Rights Bill.

Rental listings see big uplift after recent rate cut

Rental listings see big uplift after recent rate cut

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The first base rate cut since 2020 has boosted rental stock levels across major British cities, according to new research.

Landlords' views sought on updating house sale process

Landlords' views sought on updating house sale process

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Landlords are being asked to share their experiences of conveyancing to help strengthen the case for digital property packs.

Ministers debate even tougher rules for holiday let owners

Ministers debate even tougher rules for holiday let owners

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The government is considering a further crackdown on short-term lets in a bid to free up more homes for local people.