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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

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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

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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

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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

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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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Police swoop during dawn raid on 'slavery' HMO

Police swoop during dawn raid on 'slavery' HMO

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A dawn police raid on an overcrowded Coventry HMO has prompted an investigation into potential slavery and immigration issues.

More woes for City-backed landlord that houses homeless

More woes for City-backed landlord that houses homeless

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Home REIT - a City-backed investment trust providing affordable homes for homeless people and prison leavers – has taken back 600 properties from a charity landlord.

Leading landlord warns over property portal proposals

Leading landlord warns over property portal proposals

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One of the key provisions of the Renters (Reform) Bill was the provision of a portal to register all landlords. In effect a licencing system for every landlord in England and Wales and something Labour has said it would like to resurrect if it wins the General Election.

£45 billion! Report champions economic contribution of landlords

£45 billion! Report champions economic contribution of landlords

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A report published today attempts to counter the ‘anti-landlord’ rhetoric that has gathered pace in the UK recently by revealing that the private rented sector supports some 390,000 jobs and makes a £45 billion contribution to its economy.

Short-lets licencing in Scotland has been 'disastrous' says Tory MSP

Short-lets licencing in Scotland has been 'disastrous' says Tory MSP

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A Conservative MSP has slammed Scotland’s short lets licensing scheme for its negative impact on thousands of businesses.

FIVE housing ministers to quit, but which one nailed the job?

FIVE housing ministers to quit, but which one nailed the job?

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Five former housing ministers are among the 77 Conservative MPs standing down at the next election, leaving behind a mixed legacy.

Rugby star launches letting agency for landlords

Rugby star launches letting agency for landlords

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Welsh rugby star Gareth Davies is trying his hand at a career in lettings as he considers life after playing for the national team.

COMMENT: What has gone wrong, when a typical buy-to-let landlord makes a loss?

COMMENT: What has gone wrong, when a typical buy-to-let landlord makes a loss?

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Tom Entwistle asks the question, what’s gone wrong with the buy-to-let market, why has government policy been so much against it?

Social tenants pay £847 a month less in rent than private ones

Social tenants pay £847 a month less in rent than private ones

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Social rents are 64% more affordable than private rents, with social tenants in England paying about £828 less each month than private tenants, according to new analysis by Shelter.

POLL: Higher costs to force 85% of landlords to raise rents

POLL: Higher costs to force 85% of landlords to raise rents

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Most buy-to-let landlords plan to raise rents in the next 12 months after being hammered by higher interest rates and operating costs.

Rental arrears ease as cost-of-living crisis recedes

Rental arrears ease as cost-of-living crisis recedes

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Fewer tenants are going into rent arrears, according to the latest figures from Handelsbanken.

Idea of rent caps 'scares the life out of landlords' warns Shamplina

Idea of rent caps 'scares the life out of landlords' warns Shamplina

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Bringing in rent caps as a way to control the rental market would ‘scare the life out of landlords’ and cause many to exit the market, Landlord Action founder and TV star Paul Shamplina has warned.

Decison imminent on new EPC target for landlords

Decison imminent on new EPC target for landlords

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Private landlords are about to get a new deadline for making energy efficiency improvements to their properties.

Will Labour improve a dysfunctional housing market, or destroy it?

Will Labour improve a dysfunctional housing market, or destroy it?

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Tom Entwistle considers the current state of the UK housing market and how it could be affected by Labour’s policies

Midlands council reveals start date for £1,000 a property HMO licences

Midlands council reveals start date for £1,000 a property HMO licences

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More HMO landlords in the West Midlands borough of Sandwell face paying £1,000 for a licence after the council gave the go-ahead to an extended additional scheme to go live on October 1st 2024.

Plan revealed by Yorkshire city to 'get tough' on landlords

Plan revealed by Yorkshire city to 'get tough' on landlords

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Sheffield Council is about to get tougher on private landlords as part of a new 10-year plan to improve the city’s housing.

Labour has just one job to do - stabilise the rental market, says agency

Labour has just one job to do - stabilise the rental market, says agency

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Good landlords have little to fear from a Labour government if it can stabilise the economy to support the property market and make renting easier and less volatile, according to one letting agent.

'Levelling up' dropped by Angela Rayner from housing department name

'Levelling up' dropped by Angela Rayner from housing department name

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Angela Rayner has revealed that the Department of Levelling Up, Housing and Communities that it is to drop ‘levelling up’ from its name and concentrate on ‘basics not gimmicks’.

Kemi Badenoch named shadow housing secretary by Sunak

Kemi Badenoch named shadow housing secretary by Sunak

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Wannabe Tory leader Kemi Badenoch has been appointed by Rishi Sunak as his shadow housing secretary.

Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell

Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell

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If you were looking for a sign on whether or not to downsize or expand your property portfolio, this weeks’ news provided mixed messages on how landlords might be affected by Buy-to-let (BTL) mortgage rates.

Introducing Portfolio

Introducing Portfolio

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More than 5,000 landlords are now managing their properties using the NRLA’s new Portfolio platform. Here James Kent, the NRLA’s Chief Innovation Officer, and founder of digital compliance platform Safe2, explains more about the platform, and how it can work for you.

Chancellor confirms no-fault Section 21 evictions ban

Chancellor confirms no-fault Section 21 evictions ban

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Chancellor Rachel Reeves has today revealed Labour’s post-election plans to get the housing market moving but also confirms Section 21 evictions will go.

Khan eyeing more housing powers after Labour victory

Khan eyeing more housing powers after Labour victory

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London Mayor Sadiq Khan is confident he will be able to push ahead with a massive house building programme in the capital and new powers to control the housing market.

Landlord in hot water over 'no WFH' rental advert

Landlord in hot water over 'no WFH' rental advert

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A landlord has got into hot water for telling prospective tenants that they’re not allowed to work from home.

Coroner calls for landlord register following tenant death

Coroner calls for landlord register following tenant death

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A coroner has called on the government to set up a private landlord register in England after the mould-related death of a tenant.

Britain's youngest MP makes shock promise to campaign for tenants

Britain's youngest MP makes shock promise to campaign for tenants

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The UK’s youngest MP Sam Carling has revealed that he will work in parliament to improve the lot of renters following his shock victory in the General Election.

Matthew Pennycook appointed as Labour housing minister

Matthew Pennycook appointed as Labour housing minister

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Landlords may be relieved to hear that a Labour MP with experience of the private rented sector has been appointed to the Government.

TOM’s tips - Setting-up a new tenancy correctly

TOM’s tips - Setting-up a new tenancy correctly

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Experienced landlord Tom Entwistle, who has been letting property since the 1970s, gives some tips based on his experience when setting-up a new tenancy

EXCLUSIVE: Labour landslide decimates landlords' voice in parliament

EXCLUSIVE: Labour landslide decimates landlords' voice in parliament

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Landlord representation in Parliament will be hugely diminished after 50 Tory MPs with residential rental properties either lost their seat in the election or had previously stepped down.

BLOG: 'Labour must support the private rented sector - here's how'

BLOG: 'Labour must support the private rented sector - here's how'

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Labour's victory in the general election marks a significant turning point for the private rented sector (PRS). With their ambitious plans for housing reform, it is crucial that the new government addresses the pressing issues facing both landlords and tenants.

Landlords congratulate Labour but worry about eviction changes

Landlords congratulate Labour but worry about eviction changes

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Landlords have congratulated Labour on its landslide victory but warned that too much new red tape will make the housing shortage within the private rented sector even worse.

Tenants claim landlords 'failing to fix maintenance problems properly'

Tenants claim landlords 'failing to fix maintenance problems properly'

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A new poll reveals that 88% of tenants have had problems in rental properties and more than a quarter (26%) were unhappy with their landlord’s response.

'Battle of the HMO bins' ramps up in Liverpool's student areas

'Battle of the HMO bins' ramps up in Liverpool's student areas

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A battle between residents and HMO landlords is coming to a head in Liverpool where vacating students’ mess is being dumped on city streets.

TRENDS: Rental sector you've never heard of is growing the fastest

TRENDS: Rental sector you've never heard of is growing the fastest

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The co-living sector grew by 65% in 2023 - nearly 2,500 new beds - and looks set to treble to more than 20,000 beds by 2027.