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Will the commercial property market revive soon?

Will the commercial property market revive soon?

News

The UK commercial real estate sector has faced significant challenges recently due to changing trends, will recent signs of a turnaround continue?

Rogue landlord and agent first to be banned from PRS in Essex

Rogue landlord and agent first to be banned from PRS in Essex

News

A rogue landlord and also letting agent who let out grotty and overcrowded properties has been handed the first banning order in Essex.

Number of tenants looking for properties to rent drops 39%

Number of tenants looking for properties to rent drops 39%

News

Rental growth has slowed to its lowest level for nearly three years while demand has dropped by 39% during the past 12 months.

Northern city named best BTL hotspot with 13.1% gross yield

Northern city named best BTL hotspot with 13.1% gross yield

News

As house prices have risen sharply in recent decades, many had thought that the sub-£100,000 house that returned double-digit gross returns had gone for good.

Scottish rent rises top charts after controls end

Scottish rent rises top charts after controls end

News

The Scottish government’s failure to plan for the end of temporary rent controls has led to rents rising faster than in most other parts of the UK.

Generation Rent boss urges landlords to absorb costs

Generation Rent boss urges landlords to absorb costs

News

Landlords can bear the brunt of longer notice periods due to charging high rents, according to Generation Rent.

Manx council moves to restrict holiday let growth

Manx council moves to restrict holiday let growth

News

An Isle of Man village has become the latest authority to clamp down on the growth in short-term lets.

NEW: Councillors vote through selective licensing and higher fees

NEW: Councillors vote through selective licensing and higher fees

News

Burnley councillors have recommended that its three selective licensing schemes covering some 2,000 homes be extended for another five years following a three-month-long consultation. The schemes in Burnley Wood and Healey Wood, along with the Leyland Road area of the town, were

NEW: Royal family make £1.4m a year from holiday lets

NEW: Royal family make £1.4m a year from holiday lets

News

The Royal Family could be raking in £118,775 each month from their holiday let portfolio, adding up to a lucrative annual rental income of more than £1.4 million.

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Landlord handed £8,471 fine over 'structually dangerous' HMO

Landlord handed £8,471 fine over 'structually dangerous' HMO

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A landlord has been handed a £8,471 bill for allowing his tenants to live in a property with serious structural issues, dangerous wiring and a lack of fire safety measures.

Fake tenancies at heart of Bulgarian's gang's £53m scam

Fake tenancies at heart of Bulgarian's gang's £53m scam

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News
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Five fraudsters who stole £53.9 million in a huge benefits scam used false tenancy agreements to help them make claims.

Councils lobby Ministers not to scrap selective licencing schemes

Councils lobby Ministers not to scrap selective licencing schemes

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The Local Government Association (LGA) has urged Minister to ignore rebel MPs’ calls for selective licencing to be replaced by the looming Landlord Portal.

TWO new reports reveal weakening supply of rented property

TWO new reports reveal weakening supply of rented property

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The number of landlords instructing agents to rent properties has declined for a second quarter in a row, fuelling ongoing worries that the Government’s ‘anti-buy-to-let’ mood music is disrupting the market.

'Ignorance of law no excuse' as landlord repays tenants £10,500

'Ignorance of law no excuse' as landlord repays tenants £10,500

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A landlord who blamed her agent and tenants for not telling her about a selective licensing scheme has been hit with a £10,572 rent repayment order.

Tax shock for furnished holiday let owners – how to react while there’s still time

Tax shock for furnished holiday let owners – how to react while there’s still time

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If you are involved with Furnished Holiday Lets you are probably be aware by now that there are far reaching tax changes coming - what to do about them?

Record fines for London landlords push total to £10 million

Record fines for London landlords push total to £10 million

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Total fines for London’s rogue landlords and agents have topped £10 million since the rogue landlord database launched in 2017.

Big money to spend £17 billion in South and Midlands building rental houses

Big money to spend £17 billion in South and Midlands building rental houses

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Private landlords face a significant increase in competition from corporate operators within the rented sector as investors reveal a £17 billion, 60,000-home building programme concentrated on the South and Midlands.

Court costs for landlords 'will keep on rising' predicts lawyer

Court costs for landlords 'will keep on rising' predicts lawyer

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It’s almost inevitable that court fees will have to rise considerably, and probably sooner than 2025/6 unless alternative funding is added direct from the Treasury, according to property lawyer David Smith.

Only half of councils bother to collect rogue landlord fines

Only half of councils bother to collect rogue landlord fines

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Less than half the fines levied against rogue landlords have been collected by local authorities, according to new figures.

Jersey landlords fume at licence scheme 'fudge'

Jersey landlords fume at licence scheme 'fudge'

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The Jersey Landlords’ Association has slammed the “disorderly” roll-out of the Island's new property licence scheme.

Victory for landlord leaseholders in landmark case

Victory for landlord leaseholders in landmark case

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Grey GR has been ordered to fix serious building safety issues at Stevenage’s Vista Tower following a long-running dispute.

Tenants to be given right to live with more than one pet

Tenants to be given right to live with more than one pet

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News
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The government has promised to clarify guidance outlining that tenants can soon request to keep more than one pet.

Landlords have longer to wait for mortgage rate cuts

Landlords have longer to wait for mortgage rate cuts

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News
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The Bank of England has left UK interest rates on hold at 5.25% for the sixth time in a row, delaying any reduction in mortgage rates.

Lancashire borough bids to bring back licensing and raise standards

Lancashire borough bids to bring back licensing and raise standards

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Blackburn with Darwen Council is consulting on a new selective licensing scheme on the edge of its town centre.

Vocal landlord critic Elphicke defects to Labour

Vocal landlord critic Elphicke defects to Labour

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Conservative MP Natalie Elphicke has defected to the Labour party after years of pushing tenant-friendly policies and decrying rogue landlords.

Landlords in Scotland 'feel like pariahs' amid political rhetoric

Landlords in Scotland 'feel like pariahs' amid political rhetoric

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News
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Red tape and hostility from Holyrood has caused some landlords to defer investments or take properties off the rental market.

Cuckoos: not just a springtime problem but a year-round threat

Cuckoos: not just a springtime problem but a year-round threat

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News
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Landlords should be on the lookout for the growing threat of cuckooing, which can jeopardise both their property and tenant safety.

Renters are just 'working for their landlords' as housing shortages bite - claim

Renters are just 'working for their landlords' as housing shortages bite - claim

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Renters in England worked 125 days of the year solely to pay their rent, says The Adam Smith Institute.

Nottinghamshire landlord fined £17,500 after ignoring licencing scheme

Nottinghamshire landlord fined £17,500 after ignoring licencing scheme

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A Nottinghamshire landlord has been fined £17,500 after local council officers discovered he was operating two properties without a licence.

Rents have risen 35% since 2020 reveals latest lettings index

Rents have risen 35% since 2020 reveals latest lettings index

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Rental prices could increase by almost 20% over the next 12 months, putting the country in a cost of renting crisis, warns one lettings boss.

Ousted Scots minister tells SNP to honour rent controls plan

Ousted Scots minister tells SNP to honour rent controls plan

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Ousted tenants right minister Patrick Harvie has urged the SNP’s new leader John Swinney to honour the government’s Bute House pledge to deliver rent controls and stronger tenant rights.

Renting reforms 'to outlaw rent in advance' claims expert

Renting reforms 'to outlaw rent in advance' claims expert

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News
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Landlords could find themselves in a legal tangle when asking for rent in advance if the Renters Reform Bill goes forward as drafted.

Government reforms undermining landlord confidence, says big firm

Government reforms undermining landlord confidence, says big firm

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A leading letting agency in London has claimed that the Government’s Renters (Reform) Bill going through parliament, along with promises by Labour to go even further than the Tories if they gain power, are eroding landlord confidence in the private rented sector.

Letting agency to appeal banning order that will close it down

Letting agency to appeal banning order that will close it down

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A letting agency in Liverpool has vowed to appeal a banning order successfully sought by the city’s council after the firm was found to have been operating unlicenced HMOs.

Think about how an Energy Efficient Home Design will improve your tenant’s lives

Think about how an Energy Efficient Home Design will improve your tenant’s lives

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Improving your rental properties will make your property more efficient, easier to let and get your tenants to stay longer

Capital Economics predicts US commercial real estate won't recover until 2040‍

Capital Economics predicts US commercial real estate won't recover until 2040‍

News
News
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High interest rates, higher operating costs and a shift to remote working have conspired against office space in particular

UK Commercial property market is still feeling the effects of Covid‍

UK Commercial property market is still feeling the effects of Covid‍

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News
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COVID impact still being felt on UK high streets four years on from the first lockdowns: commercial real estate lending is down but agents see signs of optimism.

DWP to snoop on benefit landlords' bank accounts

DWP to snoop on benefit landlords' bank accounts

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News
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Landlords’ bank accounts could be monitored as part of new legislation that aims to reduce overpayments to people claiming benefits and fraudulent claims.

EXPERT: Removal of Furnished Holiday Lets relief 'may never happen'

EXPERT: Removal of Furnished Holiday Lets relief 'may never happen'

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News
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Plans to abolish the Furnished Holiday Lets (FHL) regime could be delayed by at least a year from April 2025, and might never happen, according to one tax expert.

More pet rights for tenants tops landlords worries over reforms

More pet rights for tenants tops landlords worries over reforms

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Landlords are more concerned about tenants’ right to request to keep a pet than the potential abolition of Section 21, a new poll reveals.

HMRC restarts landlord pilots for its 'Making Tax Digital' scheme

HMRC restarts landlord pilots for its 'Making Tax Digital' scheme

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More landlords can now try out Making Tax Digital (MTD) for Income Tax after HMRC paused the pilot last February.

Rise in HMOs pushes BTL yields to highest for six years

Rise in HMOs pushes BTL yields to highest for six years

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News
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Average rental yields have hit a six-year high with HMOs and properties in the North East offering landlords the best returns.

EPCs are misleading, inaccurate and need reform, says Which?

EPCs are misleading, inaccurate and need reform, says Which?

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Consumer organisation Which? says there is considerable evidence that many EPCs are ‘not accurate’.