Standards in the PRS will soon fall to those in the social sector if regulation and licensing continues to push smaller landlords out, a leading letting agent and landlord has warned.
Landlords need to update their home address with their local council’s property licensing department or risk a penalty, an appeal judge has ruled.
Disgruntled landlords have started legal action against Middlesbrough Council in a bid to squash its upcoming selective licensing scheme.
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Letting agents are concerned that increasing numbers of landlords are exiting the market.
The capital’s rental market continues to show signs of slowing down, with prices rising by just 1% year-on-year in May while the number of viewing request per property has dropped too.
Fergus Wilson has questioned whether new Reform UK leader Nigel Farage would restore Landlord Tax to the previous headline rate and put Capital Gains Tax down to a flat 10% for all landlords - the level of tax paid if held in a company.
Generation Rent has called for private rented homes to be brought into public or tenant ownership in its list of demands for the next government.
The rise of ‘built-to-rent’ homes as a major competitor for tenants with private landlords took a leap forward this week after two US firms revealed they had bought 1,750 homes off a UK builder that will now be rented out rather than sold.
Auctioneers have urged the government not to increase Capital Gains Tax at a time when confidence is returning to the housing market.
A landlord struggling with an eviction has spoken out against the system which he says is heavily skewed in favour of tenants.
Almost half of landlords have sold a property in the last year or plan to do so, according to the latest sobering industry survey.
Tenants’ groups want the government to also introduce longer protected periods.
Property refurbishments are becoming increasingly important for landlords as the Government prepares to force the sector to upgrade properties to minimum levels of energy performance by 2030.
The majority of landlords (75%) are very concerned about plans to abolish no-fault evictions, labelling it “a catastrophe”.
A fed-up landlord wants the government to legislate for more stringent referencing after being hit by rent dodging and criminal tenants.
Landlords and agents could face fines of up to £40,000 for breaching new rules set to be introduced as part of the Government’s Renters’ Rights Bill.
Nottingham Council has been told to hand back more than £2,800 to landlord Mick Roberts after a court ruled it had overcharged for lease extension surveys.
A further sign that landlords are selling up comes from new HMRC figures that reveal an increase in Capital Gains Tax (CGT) revenues for the Government from the sale of residential properties.
A leading lettings agency boss has pinned rising rents and fewer properties to rent squarely on the previous Conservative Government, says its policies have ‘driven away’ landlords.
Landlords with buy-to-let mortgages who are about to come out of short-term fixed-rate deals will be relieved today after the Bank of England cut its base lending rate to 5%.
Encouraging landlords to rent out more homes will not solve the housing crisis, it has been claimed.
A rogue landlord who was also a letting agent in Essex has been banned from being a landlord in England for three years.
A big council in the East Midlands has revealed plans to extend and widen its additional licencing scheme for HMOs.
Labour has moved to make good on its manifesto promise to reform and improve the Right to Buy scheme which, under the Tories, saw the number of publicly-funded affordable rented homes in England shrink dramatically.
Councils are failing in more ways than one. When it comes to complaints from their tenants, repairs and maintaining safety standards, councils are not performing
An HMO landlord has lost his appeal against an improvement notice ordering him to update a 'paddle staircase'.
The number of short lets in Scotland fell last year as the sector felt the impact of its licensing scheme clampdown.
One in five private renters had to provide a guarantor when moving into their current property - equating to 940,000 households - according to the latest English Housing Survey.
Millions owed to a lender by businesses which collapsed due to the oversupply of student accommodation in Newcastle are unlikely to be recovered.
A private landlord in Kent has submitted plans for what will be the UK’s largest HMO if the scheme gets the go-ahead.
Flats and smaller houses make the best buy-to-let investment for landlords, having seen the strongest annual increase in average yield compared with other property types during the past 12 months.
Traditional private landlords are rapidly being replaced by pension funds and private equity firms seeking to capitalise on the lucrative build-to-rent sector.
Home REIT, the investment trust marketed as the dream scheme to house 10,000 homeless and needy tenants, and a sure-fire investment alternative in property, is folding with extensive debts and legal claims
A councillor in the North of England has pushed back against unlikely claims that large firms operating HMOs are ‘taking away his town’s family homes’.
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A landlord who sub-let an unlicensed HMO, failed to pay thousands of pounds in rent to the owner and illegally evicted a tenant has been handed a £4,872 rent repayment order.
John Lewis has finally received the green light to begin its transformation into a build-to-rent landlord after Bromley Council approved its plans for 353 rental homes.
A new tech start-up using AI to pair tenants with the most suitable rented homes has been launched.
Former housing secretary Robert Jenrick who brought in the controversial 'evictions ban' during Covid has joined the Conservative party leadership race.
Two leading figures from the private rented sector have slammed the ongoing nightmare many landlords are facing when waiting for evictions to pass through the courts.
Shelter has called for indefinite tenancies as well as rent increases restricted to once a year and limited to a rise either in line with inflation or wage growth.
Housing minister Matthew Pennycook has hinted heavily that councils will be given powers to introduce large licencing schemes without his approval as part of Labour’s push for greater devolution.
