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Landlord average mortgage rises from £802 to £1,370 a month

Landlord average mortgage rises from £802 to £1,370 a month

News

Monthly interest costs have soared by 283% since 2021 for landlords using interest-only mortgages, while those making a full monthly repayment have seen the monthly cost of their mortgage climb by 71%.

Landlords caught up in CGT schemes need to mug up on the rules

Landlords caught up in CGT schemes need to mug up on the rules

Information

This article discusses the implications for landlords of capital gains tax (CGT), a tax avoidance scheme and it sets out a brief summary of property tax rules.

Get electrics inspected now to avoid problems in 2025, landlords warned

Get electrics inspected now to avoid problems in 2025, landlords warned

News

Landlords have been urged to renew their Electrical Installation Condition Reports (EICRs) for their properties as early aspossible during 2024 or face a predicted shortage in qualified inspectors to do the work during 2025 and 2026.

Letting agency faces strike off after failing landlord clients

Letting agency faces strike off after failing landlord clients

News

Scottish ministers could decide to strike letting agent Belvoir Perth from the country's letting register after it ignored a tribunal order to pay out compensation.

Landlord defends 'publicity stunt' chainsaw eviction video

Landlord defends 'publicity stunt' chainsaw eviction video

News

Controversial property educator Samuel Leeds has insisted that his latest online video – breaking through a door with a chainsaw – wasn’t illegal and aimed to highlight private landlords’ predicament.

Lawyers call for more cash to fund tenant eviction fight-backs

Lawyers call for more cash to fund tenant eviction fight-backs

News

The Law Society of England and Wales has called for more housing legal aid to help those tenants facing eviction or repossession.

AUCTIONEER: 'Tenanted flats hardest to sell as investor confidence wanes'

AUCTIONEER: 'Tenanted flats hardest to sell as investor confidence wanes'

Opinion

It's that time of year when many people in the property profession give their opinion as to what to expect for the coming 12 months.

Midlands town issues first banning order - against criminal landlord

Midlands town issues first banning order - against criminal landlord

News

Warwick Council has handed out its first banning order, to rogue landlord Grzegorz Surminski who sub-let a dangerous and unlicensed HMO.

Landlord fails in unusual attempt to overturn banning order

Landlord fails in unusual attempt to overturn banning order

News

A landlord has failed in a bid to overturn his banning order on the grounds that his convictions were spent by the time it was imposed by a First Tier Property Tribunal.

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Manx council moves to restrict holiday let growth

Manx council moves to restrict holiday let growth

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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

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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

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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.

3,000 landlords are under 21 years old, reveals finance data

3,000 landlords are under 21 years old, reveals finance data

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Gen Z are rushing to invest in buy-to-let property, with more than 3,000 buy-to-let landlords in the UK now under the age of 21.

Landlord given police caution after assaulting tenant over 'arrears'

Landlord given police caution after assaulting tenant over 'arrears'

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A landlord who reportedly attacked a tenant after he complained about serious disrepairs has been handed a police caution.

Rent controls reduce supply and housing quality, says new report

Rent controls reduce supply and housing quality, says new report

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A new report that evaluates the dozens of rent control schemes implemented over the past 60 years across the world has concluded that overall they are harmful to rental homes supply.

COMMENT: Did you know that tenants can claim compensation over disrepair?

COMMENT: Did you know that tenants can claim compensation over disrepair?

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Tenants can claim compensation from their landlord for repairs that are not done in a reasonable time; repairs that are of bad quality and do not fix things

EXPERT: 'Now is the time to convert from commercial to residential'

EXPERT: 'Now is the time to convert from commercial to residential'

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News
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There’s never been a better time for landlords to convert a commercial building to residential use, according to a leading architect.

'Dont be afraid of the future' Zoopla boss tells landlords

'Dont be afraid of the future' Zoopla boss tells landlords

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Zoopla boss Richard Donnell has urged landlords and investors to steer clear of misinformation about the PRS and focus on the positives.

Live-in landlord mocked for seeking 'part-time' tenant

Live-in landlord mocked for seeking 'part-time' tenant

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Social media users have ridiculed a landlord for advertising an expensive room - but asking would-be tenants to stay out until after 8.30pm.

Rising rents fall back from record high

Rising rents fall back from record high

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Average rent in England increased 9.2% to £1,369 in the 12 months to December - slightly down on the previous record-high annual growth.

Pensioner landlords demanded to take over tenant's room

Pensioner landlords demanded to take over tenant's room

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A landlord couple who moved into their tenant’s spare bedroom while she was still living there have been fined.

MPs send amended Renters' Rights Bill to the Lords

MPs send amended Renters' Rights Bill to the Lords

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The Bill has moved another step closer to becoming law, with MPs agreeing amendments that include preventing landlords from taking more than one month’s rent.

January's tax deadline approaches, thoughts turn to this annual task

January's tax deadline approaches, thoughts turn to this annual task

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Keeping on top of your accounts month by month makes the annual self-assessment tax return task easier and makes sure you are in control of your business

The top six misconceptions about limited company buy to let mortgages

The top six misconceptions about limited company buy to let mortgages

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Limited Company buy to let mortgages are increasingly popular, however there are still many myths that need debunking.

Landlords hit with former owners' massive council tax bills

Landlords hit with former owners' massive council tax bills

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Landlords in Kent are inheriting huge council tax bills racked up by the previous owners when buying empty properties.

Portfolio landlords boost share of incorporated properties

Portfolio landlords boost share of incorporated properties

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The proportion of incorporated property held in portfolios of landlords who use limited companies has more than doubled since Q1 2020.

Renters' Rights Bill could exclude scores of private tenants

Renters' Rights Bill could exclude scores of private tenants

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A leading property lawyer warns that removing risk mitigation strategies will make many tenants on lower incomes “unlettable”.

Landlord slapped with £20,000 repayment order for unlicensed HMO

Landlord slapped with £20,000 repayment order for unlicensed HMO

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News
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A landlord must repay tenants £20,000 in rent after he failed to convince a tribunal he wasn’t aware of a licensing scheme.

London borough forces all landlords to license properties

London borough forces all landlords to license properties

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All private landlords in Barking and Dagenham must get a licence from April following the introduction of its selective scheme.

Divorce rates have their impact on rental demand

Divorce rates have their impact on rental demand

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There’s an often-overlooked impact of couples splitting on the demand for housing and particularly for rentals as splits occur every year in the UK

NRLA slams Welsh tenant compensation plan

NRLA slams Welsh tenant compensation plan

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The Welsh government has agreed to explore the possibility of making landlords give tenants compensation if they are evicted.

New book helps landlords prepare for renters' rights shake-up

New book helps landlords prepare for renters' rights shake-up

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A former solicitor and property expert has penned a book on how landlords can avoid litigants and potential crippling fines.

Landlords warned to look out for fake document scam

Landlords warned to look out for fake document scam

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Landlords have been reminded to double check tenants’ documents after several London landlords were handed fake payslips.

Leasehold property listings miss out vital facts

Leasehold property listings miss out vital facts

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Property portals and estate agents are failing buyers of leasehold properties by not flagging up legally required information.

Landlords face higher bills to join new government schemes

Landlords face higher bills to join new government schemes

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Fees for joining the redress scheme and landlord database could be “significantly higher” following amendments to the Renters’ Rights Bill.

Rogue rent-to-rent agency hit with £35,000 penalty

Rogue rent-to-rent agency hit with £35,000 penalty

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A Portsmouth rent-to-rent agency which let out overcrowded and unlicensed HMOs has been handed a hefty fine.

Landlords: 2025 – What’s Next?

Landlords: 2025 – What’s Next?

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April’s stamp duty hike looms, so if you’re considering selling, sooner is smarter.

Big lender helps tenants to buy landlord properties

Big lender helps tenants to buy landlord properties

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TSB has launched a new concessionary mortgage for landlords looking to sell their properties to tenants with no deposit required.

NRLA training: New Year, New You

NRLA training: New Year, New You

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New year, new you. Sound familiar? Many of us start the new year with the very best of intentions, only for them to fall by the wayside.

Healthy rental demand increasingly attracts money from institutional investors

Healthy rental demand increasingly attracts money from institutional investors

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Private equity firms and pension funds have been upping the ante with their investments in the UK rental market

More landlords risk falling foul of new licensing rules

More landlords risk falling foul of new licensing rules

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Landlords should check whether they’re in one of 37 licensing schemes under consultation or about to be implemented – or risk a huge fine.

Rayner confirms ambition for rent in advance controls

Rayner confirms ambition for rent in advance controls

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Landlords would be banned from demanding several months’ rent in advance under new amendments to the Renters’ Rights Bill.

Electrical safety shake-up for Northern Ireland landlords

Electrical safety shake-up for Northern Ireland landlords

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Landlords in Northern Ireland must soon guarantee that electrical safety checks have been carried out at private tenancies.