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Rogue letting agent used 'smokescreen' to conceal ownership

Rogue letting agent used 'smokescreen' to conceal ownership

News

Four tenants have lost their £309,000 claim for harassment but won a £21,160 rent repayment order for living in an unlicensed flat.

January sees a new surge of landlords selling their portfolios for higher prices than 2023

January sees a new surge of landlords selling their portfolios for higher prices than 2023

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There’s good news for landlords who have postponed selling their rental properties despite falling profits and new legislation making the private rental sector less appealing to most landlords.

Inflation rate surprise to delay mortgage interest rate drop for landlords

Inflation rate surprise to delay mortgage interest rate drop for landlords

News

Landlords could have to wait slightly longer for the pressure on mortgage rates to ease after the annual rate of inflation hit 4% last month.

Record rent rises revealed by latest official PRS data

Record rent rises revealed by latest official PRS data

News

UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.

MPs told Commonhold is best replacement for leasehold

MPs told Commonhold is best replacement for leasehold

News

Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.

Landlord slams 'over the top' DWP demands on tenants

Landlord slams 'over the top' DWP demands on tenants

News

Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.

Landlords in Wales not obliged to flag homelessness risk

Landlords in Wales not obliged to flag homelessness risk

News

Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.

Family build-to-rent urged to meet PRS shortfall

Family build-to-rent urged to meet PRS shortfall

News

Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.

Fewer tenancies trigger letting agency closures

Fewer tenancies trigger letting agency closures

News

Almost 2,000 letting agent branches shut up shop last year which meant 2023 ended with 659 fewer branches on the high street.

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Rees-Mogg savages Tory party's rental sector policies

Rees-Mogg savages Tory party's rental sector policies

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Jacob Rees-Mogg has turned on Tory colleagues by labelling the Renters (Reform) Bill “desperate tinkering at the edges” which won’t help landlords or tenants.

Landlord faces big fine after ignoring HMO planning decision

Landlord faces big fine after ignoring HMO planning decision

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A landlord who ignored a council’s enforcement notice to stop operating an HMO without planning permission has been told to return it to a ‘traditional family home’ or face a huge fine.

Commercial to residential conversions, a new dawn!

Commercial to residential conversions, a new dawn!

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Opportunities for developers and investors in property will open up as new amendments are laid down.

Landlords over 55 turning to Landlord Sales Agency as BTL mortgages grind to a halt

Landlords over 55 turning to Landlord Sales Agency as BTL mortgages grind to a halt

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It’s another week of news suggesting that landlords need to sell. If you’ve not yet considered cutting your loses, this might be the sign it’s time to exit the market, fast.

Minister grilled over conflicting Section 21 evictions ban promises

Minister grilled over conflicting Section 21 evictions ban promises

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Cross-party peers have grilled Housing Minister Baroness Penn over the government’s ambiguous assurance that no-fault evictions would be banned before the general election.

Landlord hit with £45,000 fine over unlicenced HMOs

Landlord hit with £45,000 fine over unlicenced HMOs

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A rogue landlord who ignored requests to raise standards at his two unlicensed properties has been hit with a bill of more than £45,000.

Property investment duo under fire as SFO probes £140m collapse

Property investment duo under fire as SFO probes £140m collapse

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News
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The Serious Fraud Office (SFO) has today raided homes and arrested four people connected to a group of investment companies that left some 1,000 investors out of pocket.

Leading Tory lobbyist warns Gove over Section 21 evictions

Leading Tory lobbyist warns Gove over Section 21 evictions

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A leading Tory lobbyist and political commentator has called on the government to ditch plans for abolishing Section 21 amid fears that it will only worsen the housing crisis.

60% of renters struggling financially and 11% using food banks

60% of renters struggling financially and 11% using food banks

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New research among tenants reveals a bleak picture as the cost-of-living crisis hits home within the private rented sector.

Will the commercial property market revive soon?

Will the commercial property market revive soon?

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News
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The UK commercial real estate sector has faced significant challenges recently due to changing trends, will recent signs of a turnaround continue?

Rogue landlord and agent first to be banned from PRS in Essex

Rogue landlord and agent first to be banned from PRS in Essex

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A rogue landlord and also letting agent who let out grotty and overcrowded properties has been handed the first banning order in Essex.

Number of tenants looking for properties to rent drops 39%

Number of tenants looking for properties to rent drops 39%

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Rental growth has slowed to its lowest level for nearly three years while demand has dropped by 39% during the past 12 months.

Northern city named best BTL hotspot with 13.1% gross yield

Northern city named best BTL hotspot with 13.1% gross yield

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News
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As house prices have risen sharply in recent decades, many had thought that the sub-£100,000 house that returned double-digit gross returns had gone for good.

Scottish rent rises top charts after controls end

Scottish rent rises top charts after controls end

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The Scottish government’s failure to plan for the end of temporary rent controls has led to rents rising faster than in most other parts of the UK.

Generation Rent boss urges landlords to absorb costs

Generation Rent boss urges landlords to absorb costs

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Landlords can bear the brunt of longer notice periods due to charging high rents, according to Generation Rent.

Manx council moves to restrict holiday let growth

Manx council moves to restrict holiday let growth

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An Isle of Man village has become the latest authority to clamp down on the growth in short-term lets.

NEW: Councillors vote through selective licensing and higher fees

NEW: Councillors vote through selective licensing and higher fees

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Burnley councillors have recommended that its three selective licensing schemes covering some 2,000 homes be extended for another five years following a three-month-long consultation. The schemes in Burnley Wood and Healey Wood, along with the Leyland Road area of the town, were

NEW: Royal family make £1.4m a year from holiday lets

NEW: Royal family make £1.4m a year from holiday lets

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The Royal Family could be raking in £118,775 each month from their holiday let portfolio, adding up to a lucrative annual rental income of more than £1.4 million.

3,000 landlords are under 21 years old, reveals finance data

3,000 landlords are under 21 years old, reveals finance data

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News
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Gen Z are rushing to invest in buy-to-let property, with more than 3,000 buy-to-let landlords in the UK now under the age of 21.

Landlord given police caution after assaulting tenant over 'arrears'

Landlord given police caution after assaulting tenant over 'arrears'

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A landlord who reportedly attacked a tenant after he complained about serious disrepairs has been handed a police caution.

Rent controls reduce supply and housing quality, says new report

Rent controls reduce supply and housing quality, says new report

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A new report that evaluates the dozens of rent control schemes implemented over the past 60 years across the world has concluded that overall they are harmful to rental homes supply.

COMMENT: Did you know that tenants can claim compensation over disrepair?

COMMENT: Did you know that tenants can claim compensation over disrepair?

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Tenants can claim compensation from their landlord for repairs that are not done in a reasonable time; repairs that are of bad quality and do not fix things

EXPERT: 'Now is the time to convert from commercial to residential'

EXPERT: 'Now is the time to convert from commercial to residential'

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There’s never been a better time for landlords to convert a commercial building to residential use, according to a leading architect.

'Dont be afraid of the future' Zoopla boss tells landlords

'Dont be afraid of the future' Zoopla boss tells landlords

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Zoopla boss Richard Donnell has urged landlords and investors to steer clear of misinformation about the PRS and focus on the positives.

Landlord's rental properties seized in UK regulation 'first'

Landlord's rental properties seized in UK regulation 'first'

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A rogue landlord who persistently failed to license several rented properties has had them seized by Merton Council in one of the first actions of its kind in the country.

Sadiq Khan goes quiet on rent controls after Labour 'slap down'

Sadiq Khan goes quiet on rent controls after Labour 'slap down'

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London Mayor Sadiq Khan has been slapped down by Labour’s national leadership after asking to be given rent control powers, it has been reported.

Coventry to extend HMO licencing for five years

Coventry to extend HMO licencing for five years

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Coventry councillors look set to give the go-ahead to extending the city’s additional licensing scheme, raising the fee for a five-year licence from £840 to £916.

Potential buyer reports landlord to council over illegal HMO

Potential buyer reports landlord to council over illegal HMO

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A landlord renting out an unlicensed HMO was caught out when a prospective buyer reported her to the council.

REVEALED: £10k cost of getting rental properties up to Labour's new EPC minimum

REVEALED: £10k cost of getting rental properties up to Labour's new EPC minimum

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Private landlords face an average bill of £10,000 to hit government EPC C targets by 2030, according to new research.

City's selective licensing to generate £7.7 million for council

City's selective licensing to generate £7.7 million for council

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The City of Peterborough says it has received selective licencing applications for three quarters of the properties due to be included in the ten-ward scheme, with a deadline for the completion of applications due at the end of November.

Lobby group launches to fight Scotland's rent controls

Lobby group launches to fight Scotland's rent controls

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A new private rented sector lobbying group hopes to convince the Scottish government to temper its plans for permanent rent controls under the Housing (Scotland) Bill.

Landlords warned after deposits court case stops eviction

Landlords warned after deposits court case stops eviction

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An appeal judge has backed a tenant’s argument that serving prescribed information before the deposit is paid isn’t valid, meaning their eviction cannot go ahead.

REVEALED: Where landlords wait longest and shortest to find tenants

REVEALED: Where landlords wait longest and shortest to find tenants

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Gloucester was the fastest moving rental market last month where the average property was let within 14 days of being advertised.

NRLA warns rent controls would 'not benefit tenants' in long run

NRLA warns rent controls would 'not benefit tenants' in long run

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Trade association the NRLA has warned that rent controls would prompt a third of landlords to sell up if they were introduced in England.