A notorious rogue landlord and his property management company have been handed a staggering £480,000 fine for renting out an HMO so damp that mushrooms were growing on the upper floors.
The UK’s housing market is past ‘peak pain’ after a rollercoaster 12 months and is forecast to grow by 17.9% – equivalent to a £45,521 gain on the average home – within five years.
A legal expert has warned that landlords face prosecution for running illegal HMOs if tenants follow Airbnb’s suggestion that they sub-let their homes.
King Charles has heralded the government’s commitment to the Renters Reform Bill in his first King’s speech as monarch.
Homes bought by landlords to rent out via short-let contracts create gross returns of between 12% and 20%, an estate agency has claimed.
Will the Renters (Reform) Bill progress and ban Section 21, despite mounting opposition from Conservative back-benchers?
A rogue landlord firm has been handed a £18,300 fine for letting out an unsafe, unlicensed property - only three months after being fined for the same offence in the same building.
New leasehold reform legislation faces tough scrutiny from MPs and leasehold groups who are frustrated by an expectation that it will only cover houses, not flats.
A third of landlords who own rental property in their personal name plan to incorporate their portfolio into a limited company structure within the next three years, according to Paragon Bank.
Fewer would-be tenants registered with letting agents in December, while rental stock levels also dipped during the typically quieter seasonal period.
A tenant has told of how a man – who he believes is landlord and controversial businessman Mark Fortune – threatened him over a rent row.
The Chancellor has been urged to scrap the extra Stamp Duty paid by landlords when buying properties after new research shows the extra activity within the PRS - if it was scrapped - would generate an extra £10 billion in tax revenue for the Government.
The tax net is closing in on property owners who use short-let platforms to earn rental income from their portfolios but not pay tax on it, Airbnb has warned.
Scottish landlords say the country’s new 'rent arbitration scheme' which for most people is rent controls by the back door, will only exacerbate existing problems and worsen access to housing.
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HMO owners in Gravesham are being given a last chance to get their house in order ahead of a crackdown on unlicensed properties.
Two in five (40%) of people who pay housing costs in England – equivalent to 12 million adults – are worried their housing pressures will get worse this year.
Landlords are being urged to fill in a survey on the state of the private rented housing market and some of the key topics likely to be affecting them in the coming months.
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.
Landlords could find themselves in a legal tangle when asking for rent in advance if the Renters Reform Bill goes forward as drafted.
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.
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.
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High interest rates, higher operating costs and a shift to remote working have conspired against office space in particular
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.
Landlords’ bank accounts could be monitored as part of new legislation that aims to reduce overpayments to people claiming benefits and fraudulent claims.
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.
Landlords are more concerned about tenants’ right to request to keep a pet than the potential abolition of Section 21, a new poll reveals.
More landlords can now try out Making Tax Digital (MTD) for Income Tax after HMRC paused the pilot last February.
Average rental yields have hit a six-year high with HMOs and properties in the North East offering landlords the best returns.
Consumer organisation Which? says there is considerable evidence that many EPCs are ‘not accurate’.
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 in Portsmouth say vulnerable tenants are being unfairly displaced due to the council’s draconian additional licencing scheme.
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 Scotland’s PRS unless there is more long-term certainty, according to one leading lettings expert.
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.
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.
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 have been promised fair compensation by a developer planning to bulldoze scores of homes on one of England’s most deprived housing estates.
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.
Troubled property development company Home Holdings has put another raft of HMOs onto the market in a bid to shore up losses.
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.
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.
