A costly HMO conversion could prove a worthwhile long-term investment, with the average 8.1% HMO yield far higher than the 4.4% generated by a regular rental property, according to research by Octane Capital.
The mandatory national Property Portal for landlords to be introduced by the Renters (Reform) Bill next year will stop the spread of borough-wide selective licencing schemes, a leading MP has claimed.
Michael Gove used his speech to introduce the second reading of his Renters (Reform) Bill to pour cold water on calls for rent controls while also trying to reassure ‘good’ landlords that the abolition of Section 21 ‘no fault’ evictions will not affect them.
Following months of uncertainty, this year will be looked back upon as a tumultuous one for landlords.
Yes, legal terms confuse and like many specialisms, the confusion is added to by the fact that different terms often have essentially the same meaning.
A judge has opened the door to higher compensation being paid by landlords if they fail to protect their tenants’ rental deposits within one of the official schemes.
More detail on what information landlords will have to provide to the looming Property Portal have been revealed by the Government.
The Government has said it supports measures that will allow landlords to either charge tenants with cats or dogs both pet insurance at the beginning of tenancies or request that they take out a policy themselves.
A renters’ lobbying says its polling of England’s private renters has found a majority support the changes within the looming Renters (Reform) Bill getting its second reading today in parliament.
A consortium of London housing associations has warned the government that new affordable home-building is grinding to a halt.
The Covid years’ extreme effect on the capital’s lettings market appears to be significantly easing – although demand remains abnormally high.
A basic tenet of property rights that landlords should be able to reclaim their property after an agreed period from a tenant is being undermined by Michael Gove’s push to end Section 21 evictions, a leading free market thinktank has claimed.
The government is considering relaxing heat pump rules in England which manufacturers believe could result in a boost in sales.
New safety regulations due to impact private landlords in Scotland have been labelled a logistical nightmare by one Edinburgh letting agent.
Estate agents might have been deemed more untrustworthy than lawyers and traffic wardens in public polls, but the Royal Agricultural University aims to demonstrate the profession’s value by launching the UK’s first university course in residential estate agency.
Government ministers, housing campaigners, landlords, letting agents and many of the other actors in the drama that is the private rented sector have been arguing hard about who is to blame for the high rents and lack of supply within the market.
Newport City Council is expected to back a 10% rise in HMO fees as part of changes to the authority’s additional licensing scheme.
Paragon Bank is showing some love for landlords on Valentine’s Day by offering its lowest rate on two-year fixes for new customers in more than 18 months.
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.
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.
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.
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
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.
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.
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.
Five fraudsters who stole £53.9 million in a huge benefits scam used false tenancy agreements to help them make claims.
The Local Government Association (LGA) has urged Minister to ignore rebel MPs’ calls for selective licencing to be replaced by the looming Landlord Portal.
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.
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.
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?
Total fines for London’s rogue landlords and agents have topped £10 million since the rogue landlord database launched in 2017.
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.
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.
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.
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.
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.
Unite Students is poised to report rental income growth of at least 6% due to sustained demand, despite new visa rules affecting international students.
Landlords and property investors who buy privately-held multi-property portfolios in Wales are to lose another tax perk.
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.
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.
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.
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.
Holiday let owners are facing a significant dip in bookings this year as the sector feels the effects of the cost-of-living crisis, poor weather and an increasingly saturated market.
