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Collapse of firms behind student accommodation scheme blamed on 'over-supply'

Collapse of firms behind student accommodation scheme blamed on 'over-supply'

News

Millions owed to a lender by businesses which collapsed due to the oversupply of student accommodation in Newcastle are unlikely to be recovered.

PLANNING: Will this soon be Britain's biggest-ever HMO?

PLANNING: Will this soon be Britain's biggest-ever HMO?

News

A private landlord in Kent has submitted plans for what will be the UK’s largest HMO if the scheme gets the go-ahead.

RESEARCH: Smaller properties offering best yields to landlords

RESEARCH: Smaller properties offering best yields to landlords

News

Flats and smaller houses make the best buy-to-let investment for landlords, having seen the strongest annual increase in average yield compared with other property types during the past 12 months.

'Pension funds and investment firms will be tomorrow's landlords'

'Pension funds and investment firms will be tomorrow's landlords'

News

Traditional private landlords are rapidly being replaced by pension funds and private equity firms seeking to capitalise on the lucrative build-to-rent sector.

Scandal hit social housing REIT winding down

Scandal hit social housing REIT winding down

News

Home REIT, the investment trust marketed as the dream scheme to house 10,000 homeless and needy tenants, and a sure-fire investment alternative in property, is folding with extensive debts and legal claims

'HMOs do not deny homes to families and first time buyers'

'HMOs do not deny homes to families and first time buyers'

News

A councillor in the North of England has pushed back against unlikely claims that large firms operating HMOs are ‘taking away his town’s family homes’.

ADVICE: '5 simple steps to take your property portfolio to the next level'

ADVICE: '5 simple steps to take your property portfolio to the next level'

Information

Looking to boost your property portfolio? Below are the five factors you must consider before your next property purchase.

Tribunal slams 'reprehensible' landlord who illegally evicted nurse

Tribunal slams 'reprehensible' landlord who illegally evicted nurse

News

A landlord who sub-let an unlicensed HMO, failed to pay thousands of pounds in rent to the owner and illegally evicted a tenant has been handed a £4,872 rent repayment order.

Planners green light first rental homes from John Lewis

Planners green light first rental homes from John Lewis

News

John Lewis has finally received the green light to begin its transformation into a build-to-rent landlord after Bromley Council approved its plans for 353 rental homes.

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Airbnb warns landlords over new HMRC reporting rules

Airbnb warns landlords over new HMRC reporting rules

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News
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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.

Landlords slam Scotland's latest rent controls measures

Landlords slam Scotland's latest rent controls measures

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News
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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.

Landlords: it's time to get 2024 off to a flying start

Landlords: it's time to get 2024 off to a flying start

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You’re a landlord looking to sell, but last year was a challenge. In 2024, it’s time to get your portfolios and properties sold and get you moving on to your next projects.

Home counties borough warns landlords over imminent HMO crackdown

Home counties borough warns landlords over imminent HMO crackdown

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News
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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.

40% of people worried about paying rent or mortgage

40% of people worried about paying rent or mortgage

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News
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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.

What's your opinion on being a landlord? Fill in this survey!

What's your opinion on being a landlord? Fill in this survey!

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News
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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.

Martin Lewis urges London tenants to report non-compliant landlords

Martin Lewis urges London tenants to report non-compliant landlords

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News
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Money expert Martin Lewis has advised tenants in London to check if they are in line for a big pay-out when renting unlicensed properties.

Landlords ARE exiting the market and reforms will make it worse, say agents

Landlords ARE exiting the market and reforms will make it worse, say agents

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News
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A survey of the nation’s letting agents has revealed that two thirds of them have seen a significant increase in the number of landlords either exiting the private rented sector (PRS) or reducing the size of their portfolio.

Is commercial property set for a rebound in 2024?

Is commercial property set for a rebound in 2024?

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News
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The commercial property sector has been particularly badly hit with reduced property values and rents, and increased lending costs, but it's not all doom and gloom

COMMENT: Rent rises not profiteering but just 'landlords tracking costs'

COMMENT: Rent rises not profiteering but just 'landlords tracking costs'

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News
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In February the average BTL mortgage rate fell to 5.5% which is the lowest since September 2022.

MPs urge Ministers to 'sort out' Local Housing Allowance rises

MPs urge Ministers to 'sort out' Local Housing Allowance rises

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News
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Landlord and tenant groups have welcomed proposals by MPs on the Work and Pensions Select Committee to introduce an annual ‘uprating guarantee’ to the Local Housing Allowance (LHA).

REFORMS: Many landlords have 'no idea what's about to hit them'

REFORMS: Many landlords have 'no idea what's about to hit them'

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News
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Only one in five (18%) landlords understand the Renters (Reform) Bill, while just 3% have read guidance surrounding the legislation, according to a new Propertymark poll.

Landlord warns: "sell now” as Government urged to further reduce PRS

Landlord warns: "sell now” as Government urged to further reduce PRS

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The Guardian suggests that Government may start to veer towards a “surprisingly simple solution to the UK housing crisis” which could see them squeeze landlords further, blaming them for the current housing crisis affecting home-buyers.

Report reveals £45 billion contribution landlords make to economy

Report reveals £45 billion contribution landlords make to economy

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News
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A new report published today claims that 390,000 jobs rely on the private rented sector as critics of the sector, including the Guardian newspaper, have called for it to be shrunk or abolished entirely.

UK's only city-wide licencing scheme 'gets tough' on landlords

UK's only city-wide licencing scheme 'gets tough' on landlords

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News
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Landlords in Oxford who fail to sign up to the city’s licensing scheme are being threatened with fines and enforcement action after a year of relative ‘grace’.

REPORT: Will lower inflation lead to lower BTL mortgage rates?

REPORT: Will lower inflation lead to lower BTL mortgage rates?

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News
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Falling UK inflation could herald some good news for BTL landlords over the coming months, according to mortgage experts.

A reminder for landlords that electrical safety checks are mandatory

A reminder for landlords that electrical safety checks are mandatory

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News
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Until recently landlords only had to concern themselves gas safety checks - but now all residential landlords or their agents must arrange for regular electrical safety checks (every 5 years)

Court approves tough bankcruptcy limits on 'property guru'

Court approves tough bankcruptcy limits on 'property guru'

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News
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Infamous property guru Glenn Armstrong, who misled dozens of investors by promising to make them rich, has been handed tough bankruptcy restrictions lasting 12 years.

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

Tenant pockets £5,000 from Tribunal after realising HMO was unlicenced

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News
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A tenant who discovered that his landlord had not licenced the HMO in which he lived is to pocket £5,000 after winning a rent repayment order (RRO) during a Tribunal hearing.

Spring Budget shortfalls: What was missing for landlords?

Spring Budget shortfalls: What was missing for landlords?

Opinion
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In what was likely his last Budget Statement before the next General Election, Jeremy Hunt announced his plans for tax, housing, and cost-of-living measures. Where did the Budget fall short for the private rented market (PRS)?

Murder conviction bars landlord from running rental properties

Murder conviction bars landlord from running rental properties

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News
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A landlord who was jailed for culpable homicide in 2008 has been refused permission to rent out flats in Glasgow, despite claiming he has taken ‘responsibility for his actions’ and moved on.

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

Escalating 'housing emergencies' are Government's fault, say Scots letting agents

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News
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Letting agents have blamed poor Scottish government policies for the growing number of councils declaring ‘housing emergencies’.

Heat pumps still 'too expensive' warns national spending watchdog

Heat pumps still 'too expensive' warns national spending watchdog

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News
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Heat pump sales continue to be hampered by high costs, lown awareness and a lack of long-term financial support, the government’s spending watchdog has warned.

90% of landlords reject Scottish rent control plans, official poll reveals

90% of landlords reject Scottish rent control plans, official poll reveals

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News
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Vast majority of landlords have flatly rejected future widespread rent control across Scotland, in a new Holyrood survey.

Landlord fined after tenant harrassment revealed in court

Landlord fined after tenant harrassment revealed in court

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News
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A landlord has been ordered to pay £2,500 in fines, compensation and costs after he admitted harassing two of his tenants.

Will landlord MPs stymie the Rental (reform) Bill?

Will landlord MPs stymie the Rental (reform) Bill?

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News
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Momentum appears to be growing to torpedo the controversial legislation as evidence emerges that the Bill is ‘close to collapse’ in Parliament.

Should a good rent payment record count towards a mortgage application

Should a good rent payment record count towards a mortgage application

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News
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It used to be the case that renting was a temporary phase in a young persons life. It gave flexibility until their career settled down to a fixed employer and a fixed location. But todays property prices mitigate against this pattern. Many people are locked into renting fa

Generation Rent calls for big landlord regulation push in Wales

Generation Rent calls for big landlord regulation push in Wales

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News
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Generation Rent has urged the Welsh government to introduce an ombudsman for the PRS along with more grounds for rent repayment orders (RROs) in order to improve tenants’ lives.

80% of landlords say banning Section 21 evictions 'a mistake'

80% of landlords say banning Section 21 evictions 'a mistake'

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News
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The vast majority of landlords and letting agents view the Government’s plans to abolish Section 21 evictions as a mistake, a new report has revealed.

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

Hunt's Spring Budget hid 'stealth' tax grab on landlords via CGT rules

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News
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Jeremy Hunt’s recent Spring Budget hid a ‘steal tax’ on landlords seeking to sell properties after April 1st, it has been claimed.

Time ticking away for Bill prompts fresh concerns

Time ticking away for Bill prompts fresh concerns

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News
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Fears are growing that the government is going soft on its commitment to the Renters Reform Bill.

Surge in fines for Right to Rent non-compliance

Surge in fines for Right to Rent non-compliance

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News
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An increasing number of landlords and letting agents are falling foul of Right to Rent rules, with a big rise in fines handed out last year.

Landlord turns up heat on TV show with winning pitch

Landlord turns up heat on TV show with winning pitch

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News
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An HMO landlord and entrepreneur has secured £80,000 worth of funding on Dragons' Den for his thermostat business.

Landlords fail to avoid London borough's HMO clampdown

Landlords fail to avoid London borough's HMO clampdown

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News
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Haringey Council is launching a new additional HMO licensing scheme despite limited backing from landlords and tenants.