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Letting agents flag huge worries over landlords leaving market

Letting agents flag huge worries over landlords leaving market

News

Letting agents are concerned that increasing numbers of landlords are exiting the market.

London rental market cools down but will rest of UK follow?

London rental market cools down but will rest of UK follow?

News

The capital’s rental market continues to show signs of slowing down, with prices rising by just 1% year-on-year in May while the number of viewing request per property has dropped too.

Controversial landlord calls on Reform to back landlords with tax breaks

Controversial landlord calls on Reform to back landlords with tax breaks

News

Fergus Wilson has questioned whether new Reform UK leader Nigel Farage would restore Landlord Tax to the previous headline rate and put Capital Gains Tax down to a flat 10% for all landlords - the level of tax paid if held in a company.

Generation Rent says private rented homes must be 'nationalised'

Generation Rent says private rented homes must be 'nationalised'

News

Generation Rent has called for private rented homes to be brought into public or tenant ownership in its list of demands for the next government.

Build-to-rent giants hoover up 1000s of homes in southern England

Build-to-rent giants hoover up 1000s of homes in southern England

News

The rise of ‘built-to-rent’ homes as a major competitor for tenants with private landlords took a leap forward this week after two US firms revealed they had bought 1,750 homes off a UK builder that will now be rented out rather than sold.

Court refuses to alter terms of a commercial lease on renewal

Court refuses to alter terms of a commercial lease on renewal

Information

When the terms of a commercial renewal lease cannot be varied in the agreed between the parties, according to the provisions of the Landlord and Tenant Act 1954

CLADDING: Leaseholders still facing mortgage problems despite official promise

CLADDING: Leaseholders still facing mortgage problems despite official promise

News

Nearly a quarter of mortgages on mid-rise flats required an ESW1 form this year, despite government promises that leaseholders in these blocks affected by the cladding scandal would no longer need one when selling or remortgaging.

Labour to re-start renting reforms abandoned by Tories, predicts NRLA

Labour to re-start renting reforms abandoned by Tories, predicts NRLA

News

Labour is likely to reintroduce the Renters (Reform) Bill in a similar form if it wins the election and has already confirmed its view that the court process needs speeding up.

'Landlords part of solution to housing crisis, not the problem'

'Landlords part of solution to housing crisis, not the problem'

News

Any new government must continue to encourage private landlords if it is to effectively tackle the housing crisis, according to property lawyer David Smith.

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Norwich landlords fume over missing rental payments

Norwich landlords fume over missing rental payments

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News
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Landlords in Norwich are chasing thousands of pounds in rent payments from a letting agency which appears to have gone under.

Tenant demo in London calls for rent controls

Tenant demo in London calls for rent controls

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News
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Hundreds of tenants have staged a protest in central London calling for the government to introduce rent controls.

Major national park moves to restrict holiday lets

Major national park moves to restrict holiday lets

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News
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One of the UK’s larger national parks is planning to stop any new homes that are built within it being used as holiday/short lets or second homes.

Legal Matters: Serving notices, don’t fall foul of the law

Legal Matters: Serving notices, don’t fall foul of the law

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News
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A crucial task for landlords and agents is to correctly serve statutory notices and other documents

What should the new rental contracts be called? Have your say!

What should the new rental contracts be called? Have your say!

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News
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Property experts are pondering what the government might name new tenancies created by the Renters’ Rights Bill.

Council takes unusual approach to signing off HMOs

Council takes unusual approach to signing off HMOs

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News
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A district council has come up with a set of exceptional circumstances to help decide when to give the go-ahead to new HMOs.

Student landlord lands £2.3 million refinancing deal

Student landlord lands £2.3 million refinancing deal

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News
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A landlord in Liverpool has secured £2.3 million to refinance eight student HMOs within the city and unusually has gone public about the deal.

Letting agent slams police over 'lack of justice'

Letting agent slams police over 'lack of justice'

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News
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A letting agent has criticised police who failed to act when vandals threw a brick through one of his tenant’s windows.

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

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Opinion
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The never-ending onslaught of landlords, including the abolition of Section 21, tough EPC rules, and changes to stamp duty, have left landlords fed up and thinking of throwing in the towel.

Landlords: we’ll sell your buy-to-let properties, fast, for the best price

Landlords: we’ll sell your buy-to-let properties, fast, for the best price

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As we enter April it’s been a mixed bag for landlords, with many “nervous" landlords looking to sell amidst a growing apprehension of market conditions and general elections.

Tycoon urges ALL rental homes to be inspected regularly

Tycoon urges ALL rental homes to be inspected regularly

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News
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A leading businessman has entered the political fray with a book in which he lays out his ideas on how to solve the housing crisis including planning and rental market reform.

HMO landlord to pay £26,000 after adding storey to house

HMO landlord to pay £26,000 after adding storey to house

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News
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An HMO landlord who added another storey on his property to squeeze in more tenants has been ordered to pay £26,535 for breaching numerous safety rules.

More landlords turn to 'safer' HMOs as economy remains tough

More landlords turn to 'safer' HMOs as economy remains tough

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News
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HMOs are becoming more popular among landlords as many turn to them as a ‘surer bet’ than other types of rental property in a time of economic uncertainty, it has been claimed.

Housing crisis tops voters' list of key issues to solve

Housing crisis tops voters' list of key issues to solve

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News
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Voters say the ongoing housing crisis tops the list of key priorities that need to be addressed by the current and incoming government, according to renters in a SpareRoom poll.

Property portal: Can tech free up cash to tackle criminal landlords?

Property portal: Can tech free up cash to tackle criminal landlords?

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With the abolition of Section 21 stealing the headlines Government proposals for a property portal have largely flown under the radar. Here James Kent, the NRLA’s chief innovation officer and founder of property compliance platform Safe2, explores what it could – and should – look like

Half of landlords thinks pets and eviction reforms 'bad idea'

Half of landlords thinks pets and eviction reforms 'bad idea'

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News
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New research among landlords reveals that although a majority are adopting a ‘wait and see’ approach to the Government’s looming renting reforms, it’s the changes to pets rules and evictions that are troubling them the most.

NRLA backs platform that helps landlords move to limited company status

NRLA backs platform that helps landlords move to limited company status

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News
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Private landlords considering a move to limited company ownership of their rented properties are being urged by the NRLA to use its latest partner service.

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

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

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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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.

Accreditation key to tenant confidence

Accreditation key to tenant confidence

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As a tenant how do you know your landlord – or agent – is a good one? There are checks renters can carry out – looking at online reviews, the government’s rogue landlord database, or contacting The Property Ombudsman.

Sadiq Khan vows to 'hold landlords to account' as re-election looms

Sadiq Khan vows to 'hold landlords to account' as re-election looms

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News
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London mayor Sadiq Khan has vowed to build 6,000 new ‘rent control’ homes across London if he’s elected for a third term in next month’s election.

London council goes live with bigger selective licencing scheme

London council goes live with bigger selective licencing scheme

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News
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Redbridge Council has gone live with its big new selective licencing scheme that applies to most private rented properties in 15 of the London borough’s wards.

New visa rules for foreigners 'not damaging student housing market'

New visa rules for foreigners 'not damaging student housing market'

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News
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Unite Students is poised to report rental income growth of at least 6% due to sustained demand, despite new visa rules affecting international students.

Wales to follow England's landlord stamp duty reliefs withdrawal

Wales to follow England's landlord stamp duty reliefs withdrawal

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News
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Landlords and property investors who buy privately-held multi-property portfolios in Wales are to lose another tax perk.

Why is Government making investing in PRS more difficult, asks leading landlord

Why is Government making investing in PRS more difficult, asks leading landlord

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News
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A leading landlord in the SW has slammed the Government’s ongoing assault on the private rented sector, saying the efforts of Michael Gove and his predecessors puzzle ‘honourable and decent’ operators like him.

WARNING: Hunt's tax changes will hit landlords AND renters

WARNING: Hunt's tax changes will hit landlords AND renters

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News
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Changes to income and Capital Gains Tax (CGT) that came in over the weekend could mean reduced investment in the PRS and insurance premiums, warns an insurance expert.

TV star reveals London training day for landlords

TV star reveals London training day for landlords

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Paul Shamplina has assembled a panel of experts to run a training day this summer that will advise and coach landlords to navigate the tough economic and regulatory environment facing the privately rented sector.