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Average holiday home investor income rises by 59% since 2019

Average holiday home investor income rises by 59% since 2019

News

The UKs largest holiday home rentals website has published shocking figures that reveal the average income earned by property investors on its platform. Sykes Holiday Cottages Holiday Letting Outlook Report 2023 reveals that its average owner saw an income of �24,000 last

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

Tribunal slams councils for 'cash cow' licencing schemes that aren't needed

News

A First Tier Property Tribunal has slammed Nottingham Council for covering large swathes of the city with licensing schemes rather than targeting rogue landlords, a 'temptation' it says is faced by other local authorities. Justice for Tenants brought a case on behalf of a tenant

Shrinking buy-to-let could see a buy-to-let mortgage drought

Shrinking buy-to-let could see a buy-to-let mortgage drought

News

As landlords continue to exit the buy-to-let market, to the detriment of their tenants, could this rout also lead to buy-to-let mortgage lenders following their lead? This is a question posed by Chloe Cheung writing for the FT this last weekend. Its a serious question, a deve

Letting agents back HMO council tax re-banding reform proposals

Letting agents back HMO council tax re-banding reform proposals

News

Letting agents have backed the Governments decision to reform the way HMO properties are banded for council tax. Propertymark, which represents the estate agency sector, says in its submission to a consultation by the Department of Levelling Up, Housing and Communities that p

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

LATEST: Greens say 'immediate' rent freeze is only answer to housing crisis

News

Landlords wanting to back the eco movement may want to pause for thought after the Green Party today vowed to bring in an immediate rent freeze and no-fault eviction ban to tackle the housing crisis. During an election campaign visit to Suffolk, party co-leaders Carla Denyer and

Landlord jailed after ignoring court order to improve rat-infested property

Landlord jailed after ignoring court order to improve rat-infested property

News

A rogue landlord has been jailed for 10 months after he failed to comply with conditions set by a court concerning his rat-infested property. Martin Ambler admitted four counts of breaching a criminal behaviour order in May 2022 but sentencing was deferred so that he could instr

Have you been hit by the 'cost of landlording' crisis? Here's some help

Have you been hit by the 'cost of landlording' crisis? Here's some help

News

There is a lot of talk at the moment about how rents are up by 11% across the UK and although I know its tough on renters, landlord costs have, in many cases, doubled. This includes mortgage premium payments following interest rates rises from 0.5% to 4% in just 12 months, an

Tory think-tank and Shelter push for three-year tenancies for PRS

Tory think-tank and Shelter push for three-year tenancies for PRS

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The government should introduce three-year tenancies to protect tenants from uncertainty and rising rents, according to a liberal conservative think tank report. The Bright Blue group has teamed up with Shelter to publish, <strong id

NEW: Coalition slams Scots Government over rent cap and evictions freeze

NEW: Coalition slams Scots Government over rent cap and evictions freeze

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Landlords have heavily criticised the Scottish governments decision to implement its evictions freeze and rent cap without a proper consultation. The measures, which were widely criticised earlier this year for being rushed through, are now being fought by a coalition of orga

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NRLA rounds on political parties for ignoring LHA rates 'gap'

NRLA rounds on political parties for ignoring LHA rates 'gap'

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Landlord representative body the NRLA has rounded on all the political parties ahead of this week’s General Election for ignoring one of the ‘most important’ issues facing the private rented sector.

Paragon Bank paints optimistic picture for private rented sector

Paragon Bank paints optimistic picture for private rented sector

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The bank puts a positive spin on buy-to-let, despite others regularly asking, “should I give up on buy-to-let?” And Savills reveals a secret market segment that heralds growth.

Heat pumps costing landlords £5,800 each AFTER grant

Heat pumps costing landlords £5,800 each AFTER grant

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Landlords and homeowners are paying an average of £5,787 to buy and fit a heat pump after deducting the £7,500 government grant.

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

Lawyer says some landlords 'in cahoots' with cannabis growing tenants

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More landlords are working together with tenants to commit fraud while running illegal cannabis farms, according to one property lawyer.

Furious investor slams 'anti landlord' Keir Starmer

Furious investor slams 'anti landlord' Keir Starmer

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A furious landlord has criticised Keir Starmer for claiming landlords are ripping off tenants and making a fortune from huge deposits.

Does it still make sense to be a landlord? Or should we be looking to exit?

Does it still make sense to be a landlord? Or should we be looking to exit?

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It’s time to cut to the chase. We’ve all been thinking it: is property becoming more hassle than it’s worth? If you’re questioning your property portfolios, you’re not alone.

Scots Government waters down holiday let regulations

Scots Government waters down holiday let regulations

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All eyes are on Scotland where a scheme to regulate the holiday lets sector has caused a storm after the new licences, which cost between £260 and £520 per property, were introduced.

EXCLUSIVE: Landlord reveals how tenant's actions made him homeless

EXCLUSIVE: Landlord reveals how tenant's actions made him homeless

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A despairing landlord has resorted to protesting on his roof after failing to evict a rogue tenant for the last 25 years.

So much for Gove's 'landlord crackdown' as just 5% of tenants say they will vote Tory!

So much for Gove's 'landlord crackdown' as just 5% of tenants say they will vote Tory!

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The Conservatives’ anti-landlord policies have failed to win much favour among tenants who are most likely to vote Labour in the general election, it has been revealed.

Landlords to pay up to £15k a property to meet new Government energy targets

Landlords to pay up to £15k a property to meet new Government energy targets

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Stringent new energy efficiency rules could see landlords hit with bills totalling tens of thousands of pounds. James Kent explains more.

EPC upgrade policy is 'unworkable and unrealistic' NRLA tells Labour

EPC upgrade policy is 'unworkable and unrealistic' NRLA tells Labour

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The NRLA has urged the government to rethink its “unworkable and unrealistic” energy efficiency plans for the private rented sector.

Property investment firm cautioned over 'unclear' newspaper advert

Property investment firm cautioned over 'unclear' newspaper advert

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A holiday property investment company has had its knuckles rapped over a misleading advert in The Times that promised investors whopping returns.

Landlords to face longer, harsher licensing schemes, says CIEH

Landlords to face longer, harsher licensing schemes, says CIEH

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The Chartered Institute of Environmental Health (CIEH) has secured two amendments around tougher licensing rules in the next Renters’ Rights Bill debate.

Rise in number of landlords allowing tenants to redecorate

Rise in number of landlords allowing tenants to redecorate

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Surprising new research has revealed that three quarters of landlords would allow a tenant to redecorate their home, and half of landlords would pay for the costs of completing the work.

Housing law expert to host 'deep dive' into Labour's reforms

Housing law expert to host 'deep dive' into Labour's reforms

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Landlords are being invited to join a deep dive into the Renters’ Rights Bill during a two-day online conference featuring big hitters from the property sector.

Thousands of HMO landlords to face tougher rules in East of England

Thousands of HMO landlords to face tougher rules in East of England

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Norwich Council is overhauling its HMO policy by bringing in higher standards and tougher enforcement action.

Stretched councils 'unable to police landlords' mouldy homes'

Stretched councils 'unable to police landlords' mouldy homes'

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Local authorities are not enforcing private landlords’ legal duty to maintain safe housing, a BBC investigation has found.

High-profile landlord warns Energy Secretary over EPC upgrade plan

High-profile landlord warns Energy Secretary over EPC upgrade plan

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Nottingham benefits landlord Mick Roberts has warned that the government’s push to get rental properties up to an EPC C by 2030 could backfire.

Labour struggling with house building – quantity as well as quality

Labour struggling with house building – quantity as well as quality

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News
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Angela Rayner’s promise to build 1.5 million new homes this Parliament is looking increasingly optimistic

Buying BTL property via a limited company now 'most popular route'

Buying BTL property via a limited company now 'most popular route'

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Seven out of 10 landlords planning to buy a new rental property during the next 12 months will use a limited company structure, it has been claimed.

Landlord to repay tenants £21,000 after failing to license HMO

Landlord to repay tenants £21,000 after failing to license HMO

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Four tenants have won £21,076 from their landlord who failed to explain why she hadn’t licensed her damp and cold HMO.

Rocketing leasehold charges trapping landlords with unsaleable flats

Rocketing leasehold charges trapping landlords with unsaleable flats

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News
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Many landlords are struggling to sell leasehold flats because management charges have reached astronomical levels with many now forking out £2,000 or more a year.

Housing minister reveals plans to digitise property buying and selling

Housing minister reveals plans to digitise property buying and selling

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News
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Landlords buying or selling homes will soon enjoy a smoother and quicker property transaction process after the Government announced that it is to digitise the system.

Salvation Army joins growing calls for Labour to unfreeze LHA

Salvation Army joins growing calls for Labour to unfreeze LHA

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The Salvation Army has joined calls for the UK government to help prevent homelessness in Scotland by scrapping the planned freeze on Local Housing Allowance (LHA).

Labour to force landlords to achieve EPC band C minimum

Labour to force landlords to achieve EPC band C minimum

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News
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The government has confirmed its plan to force all private landlords to get their rental properties up to an EPC C – from the current EPC E – by 2030.

Renters’ Rights could scupper students’ uni plans

Renters’ Rights could scupper students’ uni plans

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Students from the UK and overseas could miss out on a university education unless the Government makes urgent changes to its Renters’ Rights Bill.

Tenants rescued by inspection officers after ignoring CO alarm

Tenants rescued by inspection officers after ignoring CO alarm

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A Birmingham Council officer has saved the lives of a family of renters during a selective licensing compliance visit.

Comment: The Rental Reforms, controversy in the House of Lords

Comment: The Rental Reforms, controversy in the House of Lords

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News
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Despite warnings about potential unintended consequences of the Renters’ Rights Bill, the Bill is speeding through Parliament

Minister reveals end to rent controls in Scotland

Minister reveals end to rent controls in Scotland

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The Scottish government will scrap its temporary rent control legislation on 31st March, in a move which promises to boost landlords’ confidence.

Big company makes shock claim about 'small landlords'

Big company makes shock claim about 'small landlords'

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Build-to-rent developer Grainger has seen impressive growth thanks to a supportive government and the battering of smaller private landlords.

Landlords are rushing to sell while demand for property is high

Landlords are rushing to sell while demand for property is high

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From dwindling profits to tenant pressure groups and legislative interventions – landlords all over the UK have had enough.

LATEST: Bank of England lowers base interest rate to 4.5%

LATEST: Bank of England lowers base interest rate to 4.5%

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The Bank of England has cut interest rates by 0.25 percentage points to 4.5%, raising hopes of better mortgage deals for landlords.

Leading landords warn renting reforms will 'harm students'

Leading landords warn renting reforms will 'harm students'

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Reforms to the private rented sector will make it harder for swathes of students to access university, a coalition of student housing providers and property portals has warned.

'Super slum' landlord fined £14,000 over illegal HMO

'Super slum' landlord fined £14,000 over illegal HMO

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A landlord whose tenants were forced to use a drafty bathroom in the garden has been told to pay out more than £14,000.