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Higher mortgage rates driving more landlords to request rent guarantors

Higher mortgage rates driving more landlords to request rent guarantors

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Landlords hit by mortgage rate hikes are demanding guarantors from increasing numbers of high earning tenants. Many tenants are seeing a greater proportion of their take-home pay go towards rent so are having to provide the additional security of a guarantor when signing new agr

Influential Labour group says tougher eviction rules needed to tackle poverty

Influential Labour group says tougher eviction rules needed to tackle poverty

News

Landlords should be prevented from serving an eviction notice for at least the first year of a tenancy, in the case of repossession for selling or occupying the property, according to a new report from the Fabian Society. The independent left-leaning

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

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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'

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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

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SHOPS: New powers allow councils to auction leases if left empty

SHOPS: New powers allow councils to auction leases if left empty

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New powers for councils to auction off leases on properties which have stood empty for more than a year will take effect this summer.

Encourage landlords to rent more homes urges NRLA ahead of Lords debate

Encourage landlords to rent more homes urges NRLA ahead of Lords debate

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As Peers prepare to debate the Government’s Renters (Reform) Bill today, the NRLA has warned that landlords exiting the sector are the ‘biggest threat’ to renters as supply narrows and rents continue to rise rapidly.

Scotland reveals major overhaul of how shops are rented out by landlords

Scotland reveals major overhaul of how shops are rented out by landlords

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Landlords are being asked for their views on whether the Tenancy of Shops (Scotland) Act should be repealed, replaced, or reformed.

UK records highest commercial property rent collections since 2019

UK records highest commercial property rent collections since 2019

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The UK has recorded the highest 21-day commercial property rent collection rates since the start of the pandemic

Is your area included? 2024 sees record 25 licencing schemes begin

Is your area included? 2024 sees record 25 licencing schemes begin

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2024 looks set to become a record-breaking year for landlord licensing, with 25 new schemes and consultations launched so far across the UK.

'Grotesque' tenant who illegally sub-let is jailed

'Grotesque' tenant who illegally sub-let is jailed

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A tenant who claimed she had cancer and masqueraded as a private landlord to swindle would-be tenants out of rental deposits, has been jailed.

Join the wonderful world of the landlord webinar

Join the wonderful world of the landlord webinar

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NRLA training takes many forms, with in-person, eLearning and eClassroom courses all popular. But what of the webinar? With tens of thousands of landlords signing up - and even the housing minister getting on board - Kitty Ellison, NRLA Head of Training explains more.

BREAKING: Leaked Labour report proposes 'rent caps' for England

BREAKING: Leaked Labour report proposes 'rent caps' for England

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A leaked report commissioned by the Labour party into the private rented sector has recommended that rents be capped in England if the party gains power.

Landlords welcome "great news” as clever selling strategies see an increase in profits

Landlords welcome "great news” as clever selling strategies see an increase in profits

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Landlords welcome “great news” as clever selling strategies see an increase in profits

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.

OFFICIAL: BTL mortgage arrears and repossessions rise

OFFICIAL: BTL mortgage arrears and repossessions rise

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A growing number of landlords are ending up in mortgage arrears and having their rental properties repossessed.

Eviction courts still not ready for Section 21 ban, says top lawyer

Eviction courts still not ready for Section 21 ban, says top lawyer

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A top property lawyer is adamant the courts won’t be able to handle a two-fold increase in possession actions when Section 21 is abolished.

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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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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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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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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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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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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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.