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Rents soar as agents report rising tenant demand but landlord slump

Rents soar as agents report rising tenant demand but landlord slump

News

The Governments housing policies are coming home to roost as tenant demand continues to soar but the number of landlords advertising new properties to rent plummets, it has been revealed. RICS says that during June it found significantly more members (a net balance increase o

NEW: Big London borough brings in tighter HMO conversion rules for landlords

NEW: Big London borough brings in tighter HMO conversion rules for landlords

News

Landlords in one of London's biggest boroughs now need planning permission to convert family homes into HMOs for three to six tenants. After a year-long pilot and consultation with residents, the London Borough of Hounslow (main picture) has made its borough-wide A

LATEST: Mortgage problems drive surge in portfolio landlords selling up

LATEST: Mortgage problems drive surge in portfolio landlords selling up

News

Landlords with portfolios of 20 properties or more are making up the bulk of enquiries about selling to the Landlord Sales Agency. Despite reports that smaller landlords with one or two properties will be hardest hit by current market conditions, the firm has one landlord client

Housing chief tries to reassure landlords over looming eviction changes

Housing chief tries to reassure landlords over looming eviction changes

News

Government officials have reassured private landlords that judges will be able to consider a wider range of behaviours before using their judicial discretion in ASB eviction cases. Giving evidence to the Levelling Up Housing and Communities Committee into

Almost a quarter of a million buy-to-let landlords are facing losses

Almost a quarter of a million buy-to-let landlords are facing losses

News

According to the Daily Telegraph, around 225,000 landlords will be in a loss making situation following the latest jump in refinancing costs. It is estimated that these landlords will be in the red when they come to refinance as mortgage rates are climbing towards

Renting reform bill progress unlikely until much later this year, admits minister

Renting reform bill progress unlikely until much later this year, admits minister

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The Governments Renters Reform Bill is unlikely to make progress through parliament until much later this year, housing minister Rachel Maclean has admitted. Maclean was unable to confirm when the bill would get a second reading during a Q&A with MPs from the Levelling Up

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

News

A team of independent fact checkers and campaigners has debunked Labours claims that most renters live in homes bought with a buy-to-let mortgage. Deputy leader Angela Rayner made the assertion last week, but charity Full Fact says the claim is technically incorrect, as it ho

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

News

A letting agency-owning landlord has been fined more than £17,000 for renting out one small room in an HMO to a family of five. Ruhul Shamsuddin and his company Lordsons Estates were found guilty of 23 housing offences relating to a

Bank of England warns landlords face 'impossible position' as rates rise

Bank of England warns landlords face 'impossible position' as rates rise

News

The Bank of England has warned that landlords with mortgages are under increasing strain from higher interest payments and other structural factors, all of which are likely to put pressure on their incomes�. The commentary is within the banks latest https:

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Landlord loses appeal over big rent repayment order

Landlord loses appeal over big rent repayment order

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A landlord has lost his legal battle to challenge a £12,600 rent repayment order after he tried to illegally evict two former tenants.

Landlords: 7 things you must do to survive the Renters’ Rights Bill onslaught

Landlords: 7 things you must do to survive the Renters’ Rights Bill onslaught

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Here are 6 things you must do to survive the Renters’ Rights Bill onslaught...

'Looming tenancy reforms will make rent-to-rent agreements much riskier'

'Looming tenancy reforms will make rent-to-rent agreements much riskier'

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Rent-to-rent agreements will carry even greater risk when Labour’s assured shorthold tenancies come into force with the Renters’ Rights Bill, explains a top property lawyer.

Labour's bidding wars ban 'noble but misplaced' says NRLA

Labour's bidding wars ban 'noble but misplaced' says NRLA

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NRLA chief executive Ben Beadle believes the impending ban on bidding wars could mean landlords will simply charge higher asking rents.

Labour to fund EPC upgrade work on rented homes up to £30,000

Labour to fund EPC upgrade work on rented homes up to £30,000

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Labour has revealed plans to fund the upgrade of rented properties to meet its 2030 plan to have all rented homes reach an EPC band C or above.

Government reveals wide-ranging plans to overhaul EPCs

Government reveals wide-ranging plans to overhaul EPCs

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News
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The Government has committed to an overhaul of both Energy Performance Certificates (EPCs) and the MEES system that underpins them, it has been announced.

I’m Selling 35 Homes’: Landlords Struggling, but Public Says 'Good Riddance.

I’m Selling 35 Homes’: Landlords Struggling, but Public Says 'Good Riddance.

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I never expected my recent interview with The Telegraph to “go viral” when I spoke to them explaining why so many landlords are feeling the pinch and exiting the market.

Labour's eviction reforms send 'wrong message to rent dodgers'

Labour's eviction reforms send 'wrong message to rent dodgers'

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Labour’s pledge to introduce more robust possession grounds is factually incorrect and sends the wrong message to rent dodgers, says NRLA chief executive Ben Beadle.

NEW: Landlords with public workplace pensions 'backing BTR'

NEW: Landlords with public workplace pensions 'backing BTR'

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News
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Nest - the public body that runs workplace pension schemes - is investing £350 million in build-to-rent (BTR), meaning that some landlords’ pensions are effectively funding competitors.

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

INTERVIEW: The HMO expert setting up ambitious service for UK landlords

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News
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An HMO sales firm has launched with the ambitious aim of becoming the sector’s go-to property platform.

DO YOU? 70% of landlords BACK 'rent controls of some kind'

DO YOU? 70% of landlords BACK 'rent controls of some kind'

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A majority of landlords back some form of rent control, a new poll by a leading letting agency has revealed, as the likelihood of Labour ‘interference in rent pricing’ increases.

'120,000 more homes needed if rents are to reduce'

'120,000 more homes needed if rents are to reduce'

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Rents are rising at record levels because the private rental sector needs an extra 120,000 homes, the UK’s largest property portal has claimed.

Commercial property space is recovering slowly amid changing requirements

Commercial property space is recovering slowly amid changing requirements

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News
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A patchy and slow recovery across the commercial property sectors is boosted by the prospect of interest rate cuts

Support for Tories among renters HALVES in five years

Support for Tories among renters HALVES in five years

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The number of renters who plan to vote Conservative on Thursday has halved since the last election, from 20% to just 10%, according to a new poll. Zero percent of student tenants said they'd back Sunak.

Landlords and agents call for renting reforms to be passed ASAP

Landlords and agents call for renting reforms to be passed ASAP

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The NRLA has joined forces with property leaders to call for the next government to pass the Renters (Reform) Bill as a matter of urgency.

Tenant avoids jail after 'nasty' attempt to blackmail landlord

Tenant avoids jail after 'nasty' attempt to blackmail landlord

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A tenant who threatened to share a naked video of his former landlord if he wasn’t given back a cash deposit has been handed a 12-month suspended jail sentence.

Thousands of benefits tenants losing housing support, landlords warned

Thousands of benefits tenants losing housing support, landlords warned

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Landlords have been warned that thousands of tenants face losing their housing benefit and may struggle to pay the rent as changes brought in by the Department of Work and Pensions (DWP) take effect.

Landlord TV favourite Martin Roberts hints at Strictly appearance

Landlord TV favourite Martin Roberts hints at Strictly appearance

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News
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TV property expert Martin Roberts has hinted that he’s been lined up for the next series of Strictly Come Dancing.

City hits smaller HMO landlords with £1,000 licencing bill

City hits smaller HMO landlords with £1,000 licencing bill

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News
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Landlords in Brighton & Hove with small HMOs will have to pay £1,051 from today for an additional licence.

REVEALED: Properties with sitting tenants cost 15% less to buy

REVEALED: Properties with sitting tenants cost 15% less to buy

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News
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Properties with a sitting tenant cost an average of 15% less than those without, and are a whopping 24% cheaper in Scotland, according to new figures.

NRLA rounds on political parties for ignoring LHA rates 'gap'

NRLA rounds on political parties for ignoring LHA rates 'gap'

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News
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Landlord representative body the NRLA has rounded on all the political parties ahead of this week’s General Election for ignoring one of the ‘most important’ issues facing the private rented sector.

Paragon Bank paints optimistic picture for private rented sector

Paragon Bank paints optimistic picture for private rented sector

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News
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The bank puts a positive spin on buy-to-let, despite others regularly asking, “should I give up on buy-to-let?” And Savills reveals a secret market segment that heralds growth.

Heat pumps costing landlords £5,800 each AFTER grant

Heat pumps costing landlords £5,800 each AFTER grant

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Landlords and homeowners are paying an average of £5,787 to buy and fit a heat pump after deducting the £7,500 government grant.

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

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More landlords are working together with tenants to commit fraud while running illegal cannabis farms, according to one property lawyer.

Furious investor slams 'anti landlord' Keir Starmer

Furious investor slams 'anti landlord' Keir Starmer

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News
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A furious landlord has criticised Keir Starmer for claiming landlords are ripping off tenants and making a fortune from huge deposits.

Does it still make sense to be a landlord? Or should we be looking to exit?

Does it still make sense to be a landlord? Or should we be looking to exit?

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It’s time to cut to the chase. We’ve all been thinking it: is property becoming more hassle than it’s worth? If you’re questioning your property portfolios, you’re not alone.

Scots Government waters down holiday let regulations

Scots Government waters down holiday let regulations

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All eyes are on Scotland where a scheme to regulate the holiday lets sector has caused a storm after the new licences, which cost between £260 and £520 per property, were introduced.

EXCLUSIVE: Landlord reveals how tenant's actions made him homeless

EXCLUSIVE: Landlord reveals how tenant's actions made him homeless

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A despairing landlord has resorted to protesting on his roof after failing to evict a rogue tenant for the last 25 years.

So much for Gove's 'landlord crackdown' as just 5% of tenants say they will vote Tory!

So much for Gove's 'landlord crackdown' as just 5% of tenants say they will vote Tory!

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The Conservatives’ anti-landlord policies have failed to win much favour among tenants who are most likely to vote Labour in the general election, it has been revealed.

London woman banned from PRS after 'egregious' sub-letting case

London woman banned from PRS after 'egregious' sub-letting case

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A council in London has taken the unusual step of banning a woman from renting homes in the private sector for three years after she illegally sub-let a property in a case that is one of the worst LandlordZONE has ever reported on.

'Why one rule for councils, but another for landlords' asks expert

'Why one rule for councils, but another for landlords' asks expert

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A housing safety law expert has called for Southwark Council to be hit with a multi-million pound fine after it failed to carry out required electrical safety tests at its properties.

General Election 2024; Setting the standard

General Election 2024; Setting the standard

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All the major political parties have now released their manifestos ahead of the July general election. Here James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, looks at what they are promising when it comes to PRS property standards and compliance.

Landlord loses appeal against £35,000 licencing fine

Landlord loses appeal against £35,000 licencing fine

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News
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A rogue landlord who was fined £34,640 for having eight unlicensed HMOs has failed in an attempt to have his conviction overturned.

Labour's bidding wars proposal 'impossible' to enforce says legal senior

Labour's bidding wars proposal 'impossible' to enforce says legal senior

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Labour party figures’ desire to end tenant bidding wars is unworkable in practice, while unenforced legislation would not lead to any real improvement, according to a top property lawyer.