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INTERVIEW: Larger portfolio landlords are 'future of the private rented sector'

INTERVIEW: Larger portfolio landlords are 'future of the private rented sector'

News

LandlordZONE caught up with Marcus Selmon, Chair of portfolio landlord group PLAN to discuss the state of the private rented sector and the soon-to-be enacted Renters’ Rights Bill from the perspective of his members.

Book Review: How to Become a Successful Property Investor

Book Review: How to Become a Successful Property Investor

Information

This is a book I wish I’d had available when I first started out on my own property investing career

WARNING: Banning Section 21 will cause 'chaos' unless courts property funded

WARNING: Banning Section 21 will cause 'chaos' unless courts property funded

News

The government’s reluctance to properly fund eviction courts could cause chaos once the Renters’ Rights Bill becomes law, a leading lawyer has warned.

SHOCK: Tenants £17,000 in arrears seek £16,800 rent repayment order

SHOCK: Tenants £17,000 in arrears seek £16,800 rent repayment order

News

A landlord caught out for having an unlicensed property has managed to get her fine slashed after a First Tier Property Tribunal heard that the tenants owed more than £17,000 in rent.

Leasehold reform takes first steps forward - but it's 'too slow'

Leasehold reform takes first steps forward - but it's 'too slow'

News

Landlords who buy leasehold apartments will next month be able to extend the property’s lease without having to wait two years, as it presently the case.

Landlord slams tenant group's 'childish' social post

Landlord slams tenant group's 'childish' social post

News

A fed-up landlord has challenged tenants’ union Acorn for using social media to relentlessly bash the PRS without considering the bigger picture.

Landlords: Should You Hold or Sell Before Time Runs Out To Act Before The Renters’ Rights bill becomes law?

Landlords: Should You Hold or Sell Before Time Runs Out To Act Before The Renters’ Rights bill becomes law?

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The decision to hold onto your rental properties or sell them is more critical than ever – landlords everywhere are taking time to weigh up the balance between risk and profit.

Tenants live in BTR homes for less time than traditional rentals

Tenants live in BTR homes for less time than traditional rentals

News

Tenants are living in build-to-rent developments for less time than their counterparts in the traditional PRS – suggesting that they are not the panacea for the housing crisis that is often claimed.

Landlord who ignored outbuilding demolition order fined £23,000

Landlord who ignored outbuilding demolition order fined £23,000

News

A landlord who built an illegal outbuilding to store his tenants’ belongings has been ordered to pay more than £23,000.

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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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News
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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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News
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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

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

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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

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News
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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:

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

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News
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Landlords arrears are growing at a faster rate than homeowners, according to new research that suggests fewer investors are being shielded from economic headwinds. https://www.octanecapital.co.uk/" Octane Capital found that buy-to-let arrears of more tha

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

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Five tenants have shared a whopping �29,000 Rent Repayment Order after their landlord failed to licence its HMO. East London-based https://www.facebook.com/weletroomsuk/" We Let Rooms Ltd did not defend itself at a First Tier Property T

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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News
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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’.

Landlord fined £528,000 after fence mending work leads to burns

Landlord fined £528,000 after fence mending work leads to burns

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News
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A large landlord has been fined £528,000 after a maintenance crew member repairing a fence post inadvertently struck an underground cable, suffering facial burns.

Landlords slam 'infuriating' licencing rules now driving evictions

Landlords slam 'infuriating' licencing rules now driving evictions

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News
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Landlords in Portsmouth say vulnerable tenants are being unfairly displaced due to the council’s draconian additional licencing scheme.

Rebel MPs demand ground rents abolished for existing leaseholds

Rebel MPs demand ground rents abolished for existing leaseholds

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A group of 30 Tory MPs have written to the Chancellor Jeremy Hunt warning that they may vote against the Government’s Leasehold and Freehold Reform Bill unless ground rents are abolished for both future and existing leaseholds.

Rent controls 'will undermine investment in PRS' says expert

Rent controls 'will undermine investment in PRS' says expert

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Rent controls will undermine investment in Scotland’s PRS unless there is more long-term certainty, according to one leading lettings expert.

London landlord narrowly avoids refunding tenant £32,000

London landlord narrowly avoids refunding tenant £32,000

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A landlord has avoided a £32,000 rent repayment order after a judge ruled his flat was at an address not covered by a licensing scheme, but only just.

Section 21 increasingly being used by landlords to evict as ban looms

Section 21 increasingly being used by landlords to evict as ban looms

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The latest quarterly homelessness figures from the Government for the final months of last year reveal that Section 21 notices as a reason for homelessness reached record levels during 2023.

'Time for bold action with rent controls has come' says mayor hopeful

'Time for bold action with rent controls has come' says mayor hopeful

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The Green Party’s mayoral candidate in London has said she will bring in rent controls saying the time for ‘bold action’ has come.

Landlords promised compensation as huge estate faces bulldozer

Landlords promised compensation as huge estate faces bulldozer

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Landlords have been promised fair compensation by a developer planning to bulldoze scores of homes on one of England’s most deprived housing estates.

Letting agents call for short-lets crackdown in London

Letting agents call for short-lets crackdown in London

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Propertymark has urged London’s Mayor to crack down on short-term lets through licensing in a bid to tackle over-supply in the capital.

Struggling HMO giant sells off more properties

Struggling HMO giant sells off more properties

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Troubled property development company Home Holdings has put another raft of HMOs onto the market in a bid to shore up losses.

Osborne's 3% extra stamp duty is reason for BTL buying slump

Osborne's 3% extra stamp duty is reason for BTL buying slump

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News
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The decision by George Osborne in 2015 to introduce a 3% additional stamp duty levy on landlords has seen a slump in the number of BTL properties bought in the Tory heartlands of Southern England.

'Scotland's fast-rising rents are the SNP/Green's fault'

'Scotland's fast-rising rents are the SNP/Green's fault'

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A leading letting agent in Scotland has laid the blame for the country’s rental supply woes firmly at the feet of former Tenants’ Rights minister Patrick Harvie.

Fugitive Midlands landlord faces long jail sentence

Fugitive Midlands landlord faces long jail sentence

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A rogue landlord and fugitive fraudster who intimidated his tenants is in jail after more than five years on the run.

Landlord fined for 'unlawfully profiting' from London flat

Landlord fined for 'unlawfully profiting' from London flat

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A landlord who used an agreement that tried to undermine her tenants’ rights has been fined a total of £5,800.

Protesters force South West council to evict their business tenant

Protesters force South West council to evict their business tenant

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Financially challenged Somerset Council has capitulated after a concerted campaign by protesters force it to abandon one of its business tenants

RICS survey shows signs of commercial property recovery

RICS survey shows signs of commercial property recovery

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Signs that the market is moving into a recovery phase, though there is still ample evidence that there remains a challenging backdrop. 

NEW:Landlords to face unimited fines if they illegally convert homes into HMOs

NEW:Landlords to face unimited fines if they illegally convert homes into HMOs

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New changes to planning rules mean rogue landlords who illegally convert HMOs could face an unlimited fine.

Scotland's 'rent controls tsar' Patrick Harvie loses power

Scotland's 'rent controls tsar' Patrick Harvie loses power

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News
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The Scottish government has been urged to reverse its anti-landlord policies after the SNP ended their power-sharing agreement with the Greens.

MP's bill forcing private landlords to fix mould delayed AGAIN

MP's bill forcing private landlords to fix mould delayed AGAIN

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Private renters are most in need of Awaab’s Law due to the frequently worse conditions of mould in their homes, says Labour MP Fleur Anderson, who hopes to instigate stricter rules for the PRS.

'Ministers need to let landlords know when Section 21 is going'

'Ministers need to let landlords know when Section 21 is going'

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Figures across the private rented sector including TV star Paul Shamplina have warned that both tenants, landlords and letting agents need to know when the Section 21 eviction ban is going to take place.

Pro-landlord MP explains why he voted against renting reforms

Pro-landlord MP explains why he voted against renting reforms

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Conservative MP Anthony Mangnall warned the government that removing fixed term tenancies could have dire consequences for housing supply, with many rental properties taken off the market.