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Rents in England close to 'affordability ceiling' says Savills expert

Rents in England close to 'affordability ceiling' says Savills expert

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Rents will carry on rising next year as the supply of rental homes continues to be outstripped by supply – but an ‘inflection point’ where rents become too expensive for many tenants will eventually arrive, and already has done in London.

Big London council votes to hugely extend selective licencing

Big London council votes to hugely extend selective licencing

News

Decision by Lambeth councillors comes just a few months after an initial and expensive four-ward scheme went live.

RICS reports that the Budget gives a mixed bag for property

RICS reports that the Budget gives a mixed bag for property

News

There are Autumn Budget winners and losers in the property industry as a whole

Government rejects calls for longer licencing schemes

Government rejects calls for longer licencing schemes

News

The Government has rejected calls for 10-year selective licensing schemes and insists that the government recognises the burden that licensing puts on landlords.

LATEST: Bank of England cuts base rate by 0.25%

LATEST: Bank of England cuts base rate by 0.25%

News

The Bank of England has cut interest rates from 5% to 4.75%, providing some welcome cheer for landlords looking to invest and remortgage.

Rent arrears climb by 22% as 'cost of living' crisis continues

Rent arrears climb by 22% as 'cost of living' crisis continues

News

The average rent arrears claim climbed to £2,064 in the third quarter of this year, a 22% rise on the same period last year.

Housing minister says rent controls would damage landlords and tenants

Housing minister says rent controls would damage landlords and tenants

News

Housing minister Matthew Pennycook has said rent controls in England would hit both tenants and landlords negatively by reducing supply and discouraging investment.

Generation Rent hires former Labour MP and housing campaigner

Generation Rent hires former Labour MP and housing campaigner

News

Former Labour MP Dame Karen Buck has been hired as Generation Rent’s new chair of the board.

Landlording 'not a real business' says Green politician

Landlording 'not a real business' says Green politician

News

Scotland’s Housing Bill has been diluted to keep landlord lobbyists happy rather than focusing on renters’ needs, according to a Green MSP.

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EXCLUSIVE: Landlord battles 'horrendous' mortgage mistakes by Barclays

EXCLUSIVE: Landlord battles 'horrendous' mortgage mistakes by Barclays

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Nottingham benefits landlord Mick Roberts is fuming after being left with bad credit due to computer errors on his Barclays mortgage payments. After years of struggling with call centres and going through complaints procedures, he took his protest to a Barclays branch an

Short-lets sector fights back against criticism, claiming 500,000 extra jobs

Short-lets sector fights back against criticism, claiming 500,000 extra jobs

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The trade association that represents short-let landlords says the Airbnb economy contributed �27.7 billion to the UK economy during 2021 and has helped create some 500,000 jobs, latest data shows. The UK Short Term Accommodation (https://ukstaa.org/" target="_bl

NEW: Lawyers warn of 'huge gaps' in legal aid for tenants facing eviction

NEW: Lawyers warn of 'huge gaps' in legal aid for tenants facing eviction

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Large areas of the country will be without vital legal advice to prevent eviction if the government cant get law firms to take part in its Housing Loss Prevention Advice Service, the Law Society has warned. The scheme, which gives free legal aid advice for people facing repos

MPs slam unintended consequences of looming PRS reforms

MPs slam unintended consequences of looming PRS reforms

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MPs have slammed the Governments proposed reforms to the private rented sector (PRS) within its looming Renters Reform Bill, calling for Ministers to wake up to its unintended consequences. Their report, published this morning, also makes the point that most tenants are not w

Generation Rent calls for proposed Section 8 eviction 'loophole' to be closed

Generation Rent calls for proposed Section 8 eviction 'loophole' to be closed

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Tenants group Generation Rent has backed the DLUHC select committees call to close a loophole in proposed Section 8 reforms. It says the governments plan to ban Section 21 evictions but still allow landlords to evict tenants when needing to sell or move back into a prop

EPC upgrade rules may lead to landlords leaving, admits 'net zero' minister

EPC upgrade rules may lead to landlords leaving, admits 'net zero' minister

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A government minister has admitted that landlords could quit the market unless upcoming changes to EPC rules are implemented carefully. In a Lords debate to discuss the challenges of achieving net zero, https://www.landlordzone.co.uk/tag/lord-callanan/" target="_blank"

Another city council prepares to clamp-down on smaller HMOs

Another city council prepares to clamp-down on smaller HMOs

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Peterborough councillors hope to come down harder on the growth of smaller HMOs by introducing a trial Article 4 Direction. It comes only a few weeks after the authority https://www.landlordzone.co.uk/news/peterborough-looks-to-repeat-success-of-former-licensing-scheme/

NEW: Petition launched urging residents to 'rise up against HMOs'

NEW: Petition launched urging residents to 'rise up against HMOs'

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A Rugby councillor is trying to drum up opposition to HMOs with an online petition calling for an Article 4 direction in the town. John Slinger (main picture) believes too many family homes are being turned into HMOs by landlords who often dont have the communitys best int

'Latest' housing minister revealed but not yet her responsibilities

'Latest' housing minister revealed but not yet her responsibilities

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Redditch MP Rachel Maclean is the latest housing minister to arrive through the revolving door at the Department for Levelling Up, Housing and Communities. The newcomer replaces previous housing minister Lucy Frazer, https://www.landlordzone.co.uk/news/breaking-housing-

Embrace landlords instead of attacking them, leader urges politicians

Embrace landlords instead of attacking them, leader urges politicians

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A leading private rented sector figure has called on both the Scottish and English governments to embrace landlords as part of the solution to problem within both countries housing markets.

NRLA to train social housing providers

NRLA to train social housing providers

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Our award-winning Training Academy is set to expand its offer this summer, launching bespoke training courses for social housing providers.

Leading lettings portal warns rent controls will be 'disastrous'

Leading lettings portal warns rent controls will be 'disastrous'

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One of the largest letting agencies in Scotland has warned within a new report that the SNP’s continued efforts to introduce tougher rent controls will have a ‘disastrous’ impact on an already struggling private rented sector.

Surrey council does U-turn on restrictions for smaller HMOs

Surrey council does U-turn on restrictions for smaller HMOs

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A council in Surrey is getting reading to restrict landlords seeking to convert houses into small HMOs next year.

BOOMING: London luxe rentals that cost £25,000 a week

BOOMING: London luxe rentals that cost £25,000 a week

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London’s super-luxe landlords have seen a big boom in £25,000-a-week rentals as taxation fears have prompted the wealthy to rent rather than buy.

NEW: Labour now has more landlord MPs than Tories

NEW: Labour now has more landlord MPs than Tories

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Three of the top five landlords in parliament are now Labour MPs, including the biggest landlord, new MP Jas Athwal.

Property dealer to pay £700,000 after court case

Property dealer to pay £700,000 after court case

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A property dealer who was involved in dealings with a controversial property investment company, Home Reit, has been ordered by a court to pay £700,000 to an intermediary.

Labour confirms national registration scheme for short lets

Labour confirms national registration scheme for short lets

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A mandatory short-lets registration scheme and tougher planning laws look set to take effect soon in England.

Seasoned landlord apologises over £19,000 licencing error

Seasoned landlord apologises over £19,000 licencing error

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A landlord firm which tried to argue that its agent was responsible for failing to organise an additional HMO licence has been handed a £19,753 rent repayment order.

Booking.com under fire over 'ghost' and 'scam' properties

Booking.com under fire over 'ghost' and 'scam' properties

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A holiday lets platform used by thousands of landlords to generate income has come under fire over ‘ghost’ properties.

'Labour nightmare for landlords! No rent? Well, you can’t evict or sell now'

'Labour nightmare for landlords! No rent? Well, you can’t evict or sell now'

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There is some uncertainty to what it actually means in practice until the details are written down but could the proposed hardship test mean even if your tenants won’t pay their rent, you will not be able to evict them if that makes them homeless or financially disadvantaged?

Big council takes unusual new role 'policing' all privately rented homes

Big council takes unusual new role 'policing' all privately rented homes

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North Yorkshire Council has adopted a new housing enforcement policy to ensure all private rental properties across the county are up to scratch, the first time this has happened.

Tenant remanded in custody after landlord's death

Tenant remanded in custody after landlord's death

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A tenant accused of murdering her landlord and stabbing his cat to death has been remanded in custody.

NEW: 'Dream home' raffle helps tenants pay their rent

NEW: 'Dream home' raffle helps tenants pay their rent

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A property raffle has just handed out another £500,000 to a lucky winner to buy their dream house.

Council slammed for breaking property licencing scheme rules

Council slammed for breaking property licencing scheme rules

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Hackney Council has been called out for continuing to process additional and selective landlord licence applications five months after both schemes ended.

Will the commercial property market revive soon?

Will the commercial property market revive soon?

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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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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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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.