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Big city to expand licensing five-fold despite landlord concerns

Big city to expand licensing five-fold despite landlord concerns

News

Gateshead is to push ahead with new property licensing schemes despite local landlords and letting agents opposing them including 93% saying the fees are ‘too high’.

Is development more attractive than landlording?

Is development more attractive than landlording?

News

Rental property yields are shrinking as the costs created by more regulations and legislation eat into landlord profits – so is it time more BTL landlords became SME developers?

Tenant group says 'landlords can't be trusted' to regulate themselves

Tenant group says 'landlords can't be trusted' to regulate themselves

News

Scotland’s tenants’ union has warned that removing rent rise reprotections will lead to an uptick in de facto evictions and homelessness.

Big Kent council latest to offer landlords 'guaranteed rent'

Big Kent council latest to offer landlords 'guaranteed rent'

News

Maidstone Borough Council has become the latest authority hoping to entice private landlords to hand over their properties in exchange for guaranteed rent.

Landlord to pay £37,000 after running overcrowded illegal HMO

Landlord to pay £37,000 after running overcrowded illegal HMO

News

A rogue landlord who squeezed six people into one room of his HMO has been told to pay £37,000 in fines and costs.

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

CLAIM: Labour's 'new towns' will be all about BTR not private landlords

News

The UK’s new towns will favour build-to-rent developers rather than private landlords, according to a think tank which labels them “profit-seeking institutional investors”.

Big London council to bring back selective licensing

Big London council to bring back selective licensing

News

Croydon has announced plans to bring back its selective licensing scheme after a five-year break.

Lettings agency pays high price for ignoring HMO regulations

Lettings agency pays high price for ignoring HMO regulations

News

A student housing firm has been told to pay £13,160 for breaching safety regulations at a Salford HMO.

Landlords in-line for a £20bn energy efficiency bill

Landlords in-line for a £20bn energy efficiency bill

News

Landlords will collectively have to spend more than £20billion making improvements to their rental properties to meet proposed new energy efficiency standards

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ELECTIONS: 'Get political and quiz candidates' landlords are told

ELECTIONS: 'Get political and quiz candidates' landlords are told

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News
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Landlords should do their homework before voting in the local elections next week and take the chance to quiz candidates on issues affecting the PRS, advises Leaders Romans Group (LRG). It points to a number of pressing local issues which can be determined

WARNING: Landlords have just five weeks to comply with new Welsh renting laws

WARNING: Landlords have just five weeks to comply with new Welsh renting laws

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News
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Landlords have until 1st June to comply with the new and relatively convoluted Rented Homes Wales legislation following its introduction last December. Under the new law, standard contracts have replaced assured shorthold tenancies a

Block managers under fire over 'large commissions' paid to them by insurance firms

Block managers under fire over 'large commissions' paid to them by insurance firms

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News
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Companies selling multi-occupancy insurance will have to act in leaseholders best interests under new proposals from the Financial Conduct Authority (FCA). It is demanding new rights and protections to improve the transparency of the multi-occupancy leasehold buildings insura

EXCLUSIVE: Jersey landlord leader slams rent controls and 'open' tenancies plan

EXCLUSIVE: Jersey landlord leader slams rent controls and 'open' tenancies plan

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News
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Jersey has launched a consultation into sweeping reforms including rent controls and open-ended tenancies, prompting fears that they could force more private landlords to quit the sector. The islands government aims to increase protections for both tenants and landlords

BREAKING: Government considers harsher penalties for 'sex for rent' landlords

BREAKING: Government considers harsher penalties for 'sex for rent' landlords

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A new law to crack down on predatory landlords who exploit vulnerable people for sex in return for free or discounted rent is being considered, Home Secretary Suella Braverman (main picture) has announced. Her department is seeking the views of victims, the police and charities

Mandatory five-year electrical checks are required

Mandatory five-year electrical checks are required

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News
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There are heavy fines for those landlords who fail to have their rental properties tested by a qualified electrician before letting, and for existing tenancies, or if they fail to comply with any of the important recommendations made in a test report. The landlord will ordinarily have 28 da

Landlords 'should add licencing update clauses to agency contracts' says judge

Landlords 'should add licencing update clauses to agency contracts' says judge

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A Tribunal judge has warned landlords that unless they have a specific contractual arrangement with their letting agency to keep them abreast of licencing requirements it will - in most circumstances - be the landlord who pays the fine for non-compliance. Judge Phillip Barber ha

More landlords moving to limited companies as list tops 60,000

More landlords moving to limited companies as list tops 60,000

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News
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The number of VAT and/or PAYE enterprises operating in the UKs residential and commercial rental sectors climbed 2% in the past year, despite the governments best efforts to deter investment. Analysis of government data by debt advisory firm https://siriusfinance.

Council tries AGAIN to start UK's most controversial licencing scheme

Council tries AGAIN to start UK's most controversial licencing scheme

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News
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Luton Council is making yet another attempt to bring in two new licensing schemes after a string of false starts amid landlord opposition. Its overview and scrutiny board has agreed to recommend a town-wide additional scheme as well as a selective scheme in South ward, which now

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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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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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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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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News
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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.

ENERGY CAP: How much badly-insulated homes will cost tenants

ENERGY CAP: How much badly-insulated homes will cost tenants

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Poorly insulated homes will be sent annual gas bills about £340 – around 50% - higher than those with a C-rated Energy Performance Certificate (EPC) under Ofgem’s latest price cap, new research has found.