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Big portfolio landlord to pay tenants £15,000 over missing licence

Big portfolio landlord to pay tenants £15,000 over missing licence

News

A very big portfolio landlord has been ordered to pay £15,290 to former tenants after it failed to license one of its 750 properties.

Landlords to pay back rent if they ignore tenant complaints

Landlords to pay back rent if they ignore tenant complaints

News

Landlords may soon have to repay up to two years rents to tenants if they fail to comply with decisions with the sector’s looming new ombudsman.

'Private rented sector better than council housing, let's not forget'

'Private rented sector better than council housing, let's not forget'

News

The government must focus on sustaining a vibrant PRS and not “hark back to the wonders of the 1970s with social housing and council housing…as being a really great thing,” warns NRLA boss Ben Beadle.

Labour's 'anti-landlord' stance will hurt benefits tenants, warns Mick Roberts

Labour's 'anti-landlord' stance will hurt benefits tenants, warns Mick Roberts

News

Benefits landlord Mick Roberts is losing patience with MPs whose continued ‘anti-landlord’ policies have only made more people homeless and increased rents.

Big law firm reports landlords 'rushing to liquidate assets'

Big law firm reports landlords 'rushing to liquidate assets'

News

Landlords and businesses are rushing to transfer and liquidate assets ahead of a potential Capital Gains Tax hike in next week’s budget.

'This is why I've sold nearly half my portfolio', landlord tells BBC show

'This is why I've sold nearly half my portfolio', landlord tells BBC show

News

A landlord who used to have a property portfolio of 100 homes has told the BBC that multiple pressures on the sector including looming regulations, higher interest rates and costs have persuaded him to cut his portfolio down to 65 units.

Student landlord group warns Labour over banning fixed-term tenancies

Student landlord group warns Labour over banning fixed-term tenancies

News

A group of student accommodation landlords have warned the Government that its plans to dispense with fixed-term tenancies and move to open ended ones will lead to fewer providers and homes within this market.

North East delivers 'strongest yields' for landlords in UK

North East delivers 'strongest yields' for landlords in UK

News

Landlords in the North East are pocketing the highest rental yields in the UK, according to Paragon Bank’s latest lending data.

23% more landlords rush to adopt limited company operations

23% more landlords rush to adopt limited company operations

News

Hamptons reports that 46,449 companies have been set up to hold buy-to-let property in Great Britain between January and September, a 23% increase on the same period last year.

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City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

City-backed firm to spend �1bn buying thousands of PRS properties with low EPCs

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News
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A proptech firm is to spend �1 billion buying up 3,000 private rented properties with low EPC ratings around the UK, which it plans to retrofit and rent out on behalf of its backers. With many individual landlords threatening to quit the sector - faced with licensing schemes an

40% of privately rented homes won't make 2028 deadline - agents claim

40% of privately rented homes won't make 2028 deadline - agents claim

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News
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Forty per cent of privately rented homes in England are unlikely to achieve the energy efficiency rating target that is due to come into force in 2028. Trade organisation Propertymark says its analysis of the latest English Housing Survey shows that 60 per cent of the rental sec

Looming EPC rules to cause mayhem in the rental market, warns senior figure

Looming EPC rules to cause mayhem in the rental market, warns senior figure

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News
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A staggering one-third of landlords plan to quit the sector or do nothing to address energy efficiency failings if and when new EPC regulations kick in. Research carried out on behalf of Paragon Bank reveals that 21% of landlords would not carry out any necessary works to bring

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

'Landlords NOT worried over proposals to give tenants more pet rights' says NRLA

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News
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The NRLA has played down landlords fears about new Government proposals to give tenants the right to request a pet. Speaking on the Radio 4 You and Yours programme, director of policy Chris Norris said many landlords werent too worried about the government

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

OPINION: Why do landlords get the blame for rejecting tenants on Universal Credit?

Opinion
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An official briefing document for MPs has underlined the contradictory position the government has manoeuvred itself into over landlords and letting agents who advertise properties as No DSS. The House of Commons Library document makes for interesting reading because, base

Well-known landlord jailed after defrauding HMRC out of £500,000

Well-known landlord jailed after defrauding HMRC out of £500,000

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News
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A landlord who defrauded HMRC out of almost �500,000 by keeping deductions from his employees wages has been jailed for three years. Michael Stainer, 74, (inset, main picture) was found guilty of two counts of cheating the public revenue and one of fraud by false representat

Many UK buildings are in danger of becoming unusable in heatwaves

Many UK buildings are in danger of becoming unusable in heatwaves

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News
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As temperatures in England and Wales soar this week, many office buildings will become unusable says real estate sustainability expert Chris Bennett of consultancy https://evoraglobal.com/" target="_blank" Evora Global - it should act as a powerful warning for real estate

'War on landlords' latest - 46,000 rental properties to disappear this year

'War on landlords' latest - 46,000 rental properties to disappear this year

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News
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An estate agency has claimed that the governments war on landlords will cost the private rented market some 46,000 this year, or some 3,800 every month. Hamptons , which has branches all over the UK, says its research confirms that, as LandlordZONE

The cost of living crisis affects landlords as well as tenants

The cost of living crisis affects landlords as well as tenants

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News
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With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.

Landlord to pay £17,000 after tenants leave property over rat infestation

Landlord to pay £17,000 after tenants leave property over rat infestation

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News
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Tenants who were forced to move out due to an “unbearable” rat infestation have won back more than £17,000 from their landlord.

Landlord income from renting drops by £2 billion as 'attacks' continue

Landlord income from renting drops by £2 billion as 'attacks' continue

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News
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The government could trigger a rental crisis if attacks on private landlords continue, warns a leading tax advisory expert, amid an overall drop in rental income.

Next steps taken on national landlord registration in NI

Next steps taken on national landlord registration in NI

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News
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TNorthern Ireland has launched a survey to gather views from letting agents and landlords on its proposed Landlord Registration Scheme changes.

Big London borough consults on more HMO restrictions

Big London borough consults on more HMO restrictions

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One of London’s largest boroughs is the latest to tighten planning controls when granting permission for smaller HMOs, namely those accommodating between three and six unrelated tenants who share common services.

Landlord recently elected as MP under fire over damp, mould and ants

Landlord recently elected as MP under fire over damp, mould and ants

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News
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A Labour MP who is also a landlord in London has apologised over the weekend after a BBC investigation uncovered damp, mould and ant infestation problems within his property.

'We will not stand for repeat offenders', council chief warns rogue landlords

'We will not stand for repeat offenders', council chief warns rogue landlords

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News
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A landlord couple in Haringey have been fined a total of £15,000 for failing to license one of their properties and make another one safe.

'Licencing schemes should be abolished and replaced with annual MOT'

'Licencing schemes should be abolished and replaced with annual MOT'

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News
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Licencing schemes are a blunt instrument, pointlessly cost compliant landlords hundreds of pounds, are ignored by rogue operators and consume scarce council resources.

Property experts say new EPC target 'impossible to meet'

Property experts say new EPC target 'impossible to meet'

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News
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A straw poll of building surveyors, recovery experts, private landlords, investors and developers has found that the vast majority deem the government’s EPC C target by 2030 as impossible to meet.

Landlord fined £5,000 after ignoring improvement notices

Landlord fined £5,000 after ignoring improvement notices

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News
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A landlord has been handed a £5,000 fine after persistently ignoring requests to carry out improvement works on his property – despite being a builder.

EPCs to be replaced by a new Home Energy Model this year

EPCs to be replaced by a new Home Energy Model this year

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News
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EPCs to be upgraded with a new method of assessment, the new "Home Energy Model", later this year

US rent data firm with UK arm faces legal action at home

US rent data firm with UK arm faces legal action at home

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News
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A tech firm is being sued by the US government for allowing landlords in America to increase rents and stifle competition.

Eco-upgrade schemes worth £20m for landlords now live across England

Eco-upgrade schemes worth £20m for landlords now live across England

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News
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Landlords can get free or subsidised advice on eco upgrades from a raft of new government-funded schemes that are now up and running across England.

Solicitor convicted of harassing tenants given suspended jail term

Solicitor convicted of harassing tenants given suspended jail term

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A landlord in Northern Ireland has been handed a jail sentence of two months suspended for two years.

Report paints grim picture of homeless excluded from private rented sector

Report paints grim picture of homeless excluded from private rented sector

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News
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Access to low-cost private rented housing across England has become nearly impossible for ‘bottom of the market’ people living in homelessness accommodation and services, according to new research.

Boom in landlords turning to short lets since 2022

Boom in landlords turning to short lets since 2022

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News
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Most landlords don’t use the agent they bought the property from to rent it out – and are increasingly likely not to market it as a long-term tenancy.

OFFICIAL: Huge increase in tenants challenging rent increases

OFFICIAL: Huge increase in tenants challenging rent increases

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News
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New research has shown a huge increase in tenants challenging rent increases in Scotland since an updated procedure was introduced on 1st April.

Building a successful buy-to-let business: who do you need?

Building a successful buy-to-let business: who do you need?

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Investing in buy-to-let properties is akin to launching a business, requiring not just capital but also a robust network of professional advisors to navigate the complexities involved.

Embrace landlords instead of attacking them, leader urges politicians

Embrace landlords instead of attacking them, leader urges politicians

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News
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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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News
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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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News
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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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News
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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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News
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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.