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LATEST: Gove hints at fairer tax rules for landlords in return for more regulation

LATEST: Gove hints at fairer tax rules for landlords in return for more regulation

News

Housing Secretary Michael Gove has dropped a hint that he could be willing to consider tax concessions for landlords. Speaking in the Commons during a Budget debate, he told MPs that the government needed to make sure there was fairness in the tax treatment of landlords before l

BREAKING: Government squeeze on landlords has cost Treasury �1.5 billion

BREAKING: Government squeeze on landlords has cost Treasury �1.5 billion

News

Tax changes in the private rented sector have lost the Treasury �1.5 billion in revenue, according to new research commissioned by the NRLA. https://www.capitaleconomics.com/" target="_blank" Capital Economics fou

Commercial landlords face heavy fines - new law due in April

Commercial landlords face heavy fines - new law due in April

News

The UK government has committed to its targets to reach net zero emissions by 2050. As part of this initiative the Government is looking to reduce emissions across a wide range of sectors, including commercial and residential property. From April 2023 new rules on energy efficiency will com

LAW: Shocking landlord prosecuted for illegal eviction of young family

LAW: Shocking landlord prosecuted for illegal eviction of young family

News

A landlord in Derby has been convicted of an illegal eviction and ordered by a court to pay a �1,600 fine. After initially agreeing a 12-month rental for an unfurnished house with a young family, landlord Grace Young of Pear Tree Street, Derby then attempted to illegally evict

NEW: Devolution deal gives Manchester more rogue landlord powers

NEW: Devolution deal gives Manchester more rogue landlord powers

News

A new devolution deal will give the 10 Greater Manchester councils powers to approve larger selective licensing schemes. The pact, signed by Levelling Up Minister Dehenna Davison (pictured, below), Greater Manchester Mayor Andy Burnham (main pic) and the council leaders, will al

Landlord cries foul over �50,000 cladding bill after 'not qualifying for help'

Landlord cries foul over �50,000 cladding bill after 'not qualifying for help'

News

A landlord whose properties are caught up in the cladding scandal faces a bill of up to �50,000 unless the government changes the rules about who it will subsidise. Neera Soni rents out a number of leasehold properties and says she and at least a quarter of those owners at

NEW: London Mayor urged to clamp down on rogue exempt accommodation landlords

NEW: London Mayor urged to clamp down on rogue exempt accommodation landlords

News

London Mayor Sadiq Khan has been urged to clamp down on rogue exempt accommodation providers who exploit the housing benefit system and put vulnerable tenants at risk. An investigation by the London Assembly Housing Committee found some rogue providers wer

Isle of Wight to slap council tax on holiday homes rented out under 70 days

Isle of Wight to slap council tax on holiday homes rented out under 70 days

News

The Isle of Wight Council has vowed to charge owners of second homes and empty properties more council tax as soon as it gets the go-ahead from the government. Its ruling Alliance Administration had suggested putting a 100% tax premium on second homes and empty properties, howev

City money 'only route to quality rented homes at volume', says leading figure

City money 'only route to quality rented homes at volume', says leading figure

News

A senior figure from the banking world has claimed that institutional investment is the golden ticket to solve the UKs supply and quality problems within the private rented sector (PRS). Cedric Bucher (main image), who heads up Hearthstone Investments </st

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Renting reforms 'will go nowhere unless courts properly funded'

Renting reforms 'will go nowhere unless courts properly funded'

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Lawyers have warned that an underfunded justice system will hinder any progress made in strengthening renters’ rights.

'Hold your nerve: Watch, wait, and don’t panic'

'Hold your nerve: Watch, wait, and don’t panic'

Opinion
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The biggest news to hit the private rental sector in 25 years is here: the Renters' Rights Bill. Scheduled for its second reading today, 9 October, this Bill is poised to reshape the landscape for landlords and tenants alike.

Renters’ Rights Bill: how concerned should we be?

Renters’ Rights Bill: how concerned should we be?

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Here’s an initial reaction to the Renters’ Rights Bill, thoughts that could change as it progresses through parliament - the second reading is today.

Funding confirmed for EPC improvements – but will it be enough?

Funding confirmed for EPC improvements – but will it be enough?

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A new funding pot has been announced to support energy efficiency improvements in England.

MPs to debate renting reforms today as Rayner promises law 'ASAP'

MPs to debate renting reforms today as Rayner promises law 'ASAP'

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The Renters’ Rights Bill will become law ‘as soon as possible’ housing secretary Angela Rayner has promised as parliament debates her legislation for the first time.

HMO landlords' fine appeal leads to £100,000 increase

HMO landlords' fine appeal leads to £100,000 increase

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News
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A judge has massively increased the fines given to two HMO landlords who have failed in a legal challenge against their sentence.

WARNING: Abolishing ASTs will push landlords into short lets sector

WARNING: Abolishing ASTs will push landlords into short lets sector

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News
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Removing fixed-term tenancies will drive up rents as landlords switch to short-term lets, warns Propertymark.

Landlord fined £22,600 after ignoring tenant safety warnings

Landlord fined £22,600 after ignoring tenant safety warnings

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A landlord with multiple properties in Bootle has been ordered to pay £22,630 for ignoring safety risks that left his tenants facing imminent danger.

Many tenants are becoming 'unrentable' says leading figure

Many tenants are becoming 'unrentable' says leading figure

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A significant number of people seeking properties to rent are finding themselves excluded and forced to live in temporary accommodation, it has been claimed, as landlords be become more risk averse.

Landlord fined £6,500 after member of public reports HMO

Landlord fined £6,500 after member of public reports HMO

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A landlord in Norfolk has been fined £6,500 after a significant investigation by local housing officers.

Mental health – are we doing enough in the HMO sector?

Mental health – are we doing enough in the HMO sector?

Opinion
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One might immediately answer 'no' to this question, but does the HMO property industry possess adequate understanding of this delicate subject to address it effectively?

Lawyer warns landlords NOT to blame tenants for mould

Lawyer warns landlords NOT to blame tenants for mould

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A senior lawyer has told landlords that they cannot blame their tenants if mould appears within privately rented homes.

Letting agent avoids jail after defrauding seven landlords

Letting agent avoids jail after defrauding seven landlords

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A fraudulent letting agent who ripped off landlords by failing to register their deposits has escaped a jail sentence.

Absentee landlord to pay tenants £10k over mouldy, unlicenced property

Absentee landlord to pay tenants £10k over mouldy, unlicenced property

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News
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Three tenants have pocketed £10,060 between them after winning a rent repayment order against their landlord for letting out a mouldy HMO with “lamentable” fire safety.

Tribunal orders big landlord to pay £16m toward cladding costs

Tribunal orders big landlord to pay £16m toward cladding costs

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One of the UK’s largest private landlords has been ordered to pay £16 million towards the cost of fixing cladding-related fire safety problems at a group of five residential towers in London.

Warwick latest town to start borough-wide big HMO licencing

Warwick latest town to start borough-wide big HMO licencing

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An Additional Licencing scheme covering all larger HMOs in Warwick has now gone live following approval of the scheme last year and a consultation.

MPs say private landlords must face same rules as social housing

MPs say private landlords must face same rules as social housing

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Select committee report is arguing for a change in the law to force private landlords to have to fix mould within days

New ombudsman will join forces with partner scheme

New ombudsman will join forces with partner scheme

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The government has revealed more details about how the new Private Rented Sector Ombudsman Service will work in practice.

MPs want landlords to sort out mouldy PRS homes

MPs want landlords to sort out mouldy PRS homes

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A cross-party group of MPs says a crackdown on social landlords to tackle damp and mould should be extended to tenants in the private rented sector.

Mortgage broker's new look marks its evolution

Mortgage broker's new look marks its evolution

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Buy-to-let intermediary Mortgages for Business is rebranding as Mortgage Finance Brokers (MFB) to reflect its more inclusive approach.

Growing demand means 1 million extra homes are needed in England & Wales

Growing demand means 1 million extra homes are needed in England & Wales

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News
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1 million extra homes will be needed in England and Wales to house singles and families – this is a continually growing market for the private rented sector.

NRLA backs MPs' pragmatic plans for Renters Reform Bill

NRLA backs MPs' pragmatic plans for Renters Reform Bill

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Tory MPs have tabled a raft of amendments to the Renters Reform Bill to ensure it works for the whole private rented sector.

Surveyors call for government action to tackle PRS woes

Surveyors call for government action to tackle PRS woes

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Property surveyors across the UK have reported a slowdown in tenant demand along with continued levels of diminishing stock.

Rogue letting agent used 'smokescreen' to conceal ownership

Rogue letting agent used 'smokescreen' to conceal ownership

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Four tenants have lost their £309,000 claim for harassment but won a £21,160 rent repayment order for living in an unlicensed flat.

January sees a new surge of landlords selling their portfolios for higher prices than 2023

January sees a new surge of landlords selling their portfolios for higher prices than 2023

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There’s good news for landlords who have postponed selling their rental properties despite falling profits and new legislation making the private rental sector less appealing to most landlords.

Inflation rate surprise to delay mortgage interest rate drop for landlords

Inflation rate surprise to delay mortgage interest rate drop for landlords

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Landlords could have to wait slightly longer for the pressure on mortgage rates to ease after the annual rate of inflation hit 4% last month.

Record rent rises revealed by latest official PRS data

Record rent rises revealed by latest official PRS data

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UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.

MPs told Commonhold is best replacement for leasehold

MPs told Commonhold is best replacement for leasehold

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Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.

Landlord slams 'over the top' DWP demands on tenants

Landlord slams 'over the top' DWP demands on tenants

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Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.

Landlords in Wales not obliged to flag homelessness risk

Landlords in Wales not obliged to flag homelessness risk

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Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.

Family build-to-rent urged to meet PRS shortfall

Family build-to-rent urged to meet PRS shortfall

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Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.

Fewer tenancies trigger letting agency closures

Fewer tenancies trigger letting agency closures

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Almost 2,000 letting agent branches shut up shop last year which meant 2023 ended with 659 fewer branches on the high street.

Funding concerns continue to stall retrofit plans

Funding concerns continue to stall retrofit plans

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Nearly a fifth of landlords believe the government should prioritise better access to finance so they can carry out retrofitting plans.

More landlords in cost-saving drive to incorporate

More landlords in cost-saving drive to incorporate

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A record 50,004 limited BTL companies were set up last year, driven by landlords looking to shelter themselves from higher interest rates.