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Landlords rushing to sell as mortgage costs soar above tenants' rent

Landlords rushing to sell as mortgage costs soar above tenants' rent

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Private landlords across the UK have found themselves in hot water, and its no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents wont cover the cost

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

Reform Bill: 'Justice at stake if eviction changes not backed by extra funding'

News

Court reforms and extra funding are needed if the governments overhaul of the evictions process is to succeed, warn landlord groups and eviction specialists. It has promised to abolish section 21 no fault evictions as part of the https://www.landlordzone.c

Reform Bill: Landlord database to be enforced with court orders

Reform Bill: Landlord database to be enforced with court orders

News

A new ombudsman known as the landlord redress scheme - and property portal would be compulsory for all private sector landlords. Part of the https://www.landlordzone.co.uk/news/renters-reform-bill-we-take-a-first-look-at-the-radical-new-legislation/" Renters

Renters (Reform) Bill - we take a first look at the radical new legislation

Renters (Reform) Bill - we take a first look at the radical new legislation

News

The Renters (Reform) Bill has finally had its first reading in Parliament, promising a fair deal to renters, faster redress for landlords and giving more details on how 'pets with lets' will work. Heralded as a once-in-a-generation overhaul of housing laws�, the government

Purplebricks sold to rival for �1 after senior team throw in the towel

Purplebricks sold to rival for �1 after senior team throw in the towel

News

Purplebricks, which at one stage was used by thousands of landlords to manage their properties, has announced that its assets and business are to be sold to rival Strike for �1, pending approval by its shareholders. Any funds remaining in the firm some �5.5 million are

Gove to approve looser rules for HMO landlords housing asylum seekers

Gove to approve looser rules for HMO landlords housing asylum seekers

News

Housing Secretary Michael Gove is set to push through new rules on HMO safety for housing asylum seekers with little fanfare on the same day that the Renters Reform Bill is published. The changes outlined in the proposed https://www.legislation.gov.uk/ukdsi/2023/9780

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

BLOG: 'Reform bill will solve the problem of pet damage for landlords'

News

The long-awaited Renters (Reform) Bill will finally be introduced in parliament after Prime Minister's Questions today. Setting out plans for 12 key reforms to the private rental sector, the 11th pledge - to give tenants the right in law to request a pet, which should not be unr

Agents who lack licencing law know-how 'putting landlords at risk'

Agents who lack licencing law know-how 'putting landlords at risk'

News

Bungling letting agents with a lack of legal understanding are putting landlords at risk of prosecution, it has been claimed. One landlord expert has advised caution when signing up with a firm in the current climate of increasing legislation and falling profits, particularly fo

Opinion: does Michael Gove know something we don't?

Opinion: does Michael Gove know something we don't?

Opinion

It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s

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'Saddened' landlord to sell half her portfolio as reforms loom

'Saddened' landlord to sell half her portfolio as reforms loom

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A landlord has revealed how increasing risk and a “lack of joy” has prompted her to start offloading half her portfolio ahead of the Renters’ Rights Bill.

'Careless' portfolio landlord to pay back tenants £10,000

'Careless' portfolio landlord to pay back tenants £10,000

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A “lackadaisical” landlord who rented out an unlicensed and cockroach-infested HMO has been told to pay £10,834 back to three tenants.

Council to ban repeat rogue landlord from renting homes

Council to ban repeat rogue landlord from renting homes

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Peterborough Council is considering banning a rogue landlord who was handed a fine for housing a family in an uninhabitable property for a second time.

'Terrified' landlady tells parliament about her rent reform fears

'Terrified' landlady tells parliament about her rent reform fears

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A “terrified” landlord has urged the government to reconsider large parts of the Renters’ Rights Bill

Wales now has 1,107 fewer landlords, official data reveals

Wales now has 1,107 fewer landlords, official data reveals

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The Welsh private rental sector has lost a worrying 1,107 landlords in the last five years, coinciding with tougher rules around evictions and new tenancy agreements.

Huge landlord gathering revealed in London next month

Huge landlord gathering revealed in London next month

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One of the largest gatherings of landlords under one roof is due to take place on 19th March in London.

Kent landlord to pay £30k fine over unlicenced house

Kent landlord to pay £30k fine over unlicenced house

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After pursuing a £30,000 fine against one landord, his local council has vowed to go for other non-complilant BTL operators.

ADVICE: What to consider before expanding your portfolio

ADVICE: What to consider before expanding your portfolio

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Our experts help landlords looking to expand to plan ahead on several fronts including legislation, financing, tax, insurance and the fast-changing rental market.

Landlords urged to document property inspections after eviction failure

Landlords urged to document property inspections after eviction failure

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Landlords have been urged to make sure they document inspections after a tenant managed to avoid eviction by blaming the lack of a recorded carbon monoxide detector.

Landlords reprieved from new empty homes crackdown

Landlords reprieved from new empty homes crackdown

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Landlords who are preparing a property to let or waiting to find a tenant will get a reprieve from empty homes council tax premiums.

Landlords begin returning to market in London

Landlords begin returning to market in London

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Landlords appear to be returning to the capital, with new instructions in February up 19% year-on-year, according to London agent Foxtons.

NE Landlords gets new look in push across UK

NE Landlords gets new look in push across UK

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North East Landlords has rebranded as GB Landlords as it expands its reach into the capital ahead of its first London event.

LANDLORD: 'I didn't understand the supply shortage, then 84 people contacted me'

LANDLORD: 'I didn't understand the supply shortage, then 84 people contacted me'

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I received 84 private messages in 24 hours to one advert for my property in the northeast - it's a stark indication of how demand is outstripping supply.

He's started so he'll finish! Tech expert is landlord whizz

He's started so he'll finish! Tech expert is landlord whizz

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A young landlord from London has won the first heat of Paul Shamplina’s Mastermind-style competition at the National Landlord Investment show.

One budget, one great shock to the furnished holiday let fraternity!

One budget, one great shock to the furnished holiday let fraternity!

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News
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Owning a furnished holiday let (FHL) or second home in the country has long been the dream for many people - has the Government just ended that dream?.

Lincolnshire town to force 1,500 rented homes into licencing

Lincolnshire town to force 1,500 rented homes into licencing

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North Lincolnshire Council plans to introduce a selective licensing scheme in Scunthorpe to improve housing standards and protect communities from rogue landlords and anti-social tenants.

Historic town declares expensive war on poorly-run HMO properties

Historic town declares expensive war on poorly-run HMO properties

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Landlords in Gloucester face a council crackdown if they fail to properly look after their properties.

Chancellor makes unusual landlord tax promise on TV

Chancellor makes unusual landlord tax promise on TV

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Chancellor Jeremy Hunt has promised to pay the previous top rate of capital gains tax (CGT) when he sells his seven rental properties.

Tories' renting reforms are 'on the brink of collapse' - claim

Tories' renting reforms are 'on the brink of collapse' - claim

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The Tories’ flagship rental housing sector reforms are on the ‘brink of collapse’, it has been claimed.

PICTURES: House that led to £39,000 fine for rogue landlord

PICTURES: House that led to £39,000 fine for rogue landlord

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News
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An infamous rogue landlord has been ordered to pay £39,000 for renting out a dangerous, rodent-infested HMO.

BUDGET: Full details of holiday lets changes explained

BUDGET: Full details of holiday lets changes explained

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Holiday let owners are bracing themselves for the impact of an end to the Furnished Holiday Lettings (FHL) tax regime.

Landlord duo to pay £600,000 after four-year enforcement battle

Landlord duo to pay £600,000 after four-year enforcement battle

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Two landlords have been ordered to pay a whopping £597,000 bill following a long-running legal battle with Camden Council.

Safe as houses

Safe as houses

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It is now six months since the National Residential Landlords Association acquired property compliance platform Safe2. James Kent, the association’s Chief Innovation Officer, and Safe2 founder, explains more about the service – and what the future holds when it comes to energy efficiency.

Treasury says it wants 'landlords to quit sector'

Treasury says it wants 'landlords to quit sector'

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The Government wants more private landlords to sell their properties and exit the market, commentary within Jeremy Hunt’s Spring Statement briefing document has revealed.

Generation Rent calls for holiday lets to be licenced

Generation Rent calls for holiday lets to be licenced

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Generation Rent has called for even stronger action to be taken against holiday lets which it says have been “making life a misery” for renters in the UK’s most popular tourist destinations.

Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

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As the UK government struggles to help landlords facing tough financial situations, landlords have rallied together to help themselves.

BREAKING: Chancellor reveals bombshell budget for landlords

BREAKING: Chancellor reveals bombshell budget for landlords

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Landlords received a surprise hand-out from Chancellor Jeremy Hunt when he cut the higher rate of Capital Gains Tax from 28% to 24% in today's Spring statement.

Shadow chancellor backs selective licencing expansion

Shadow chancellor backs selective licencing expansion

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Labour’s shadow chancellor Rachel Reeves has backed the expansion of a selective licencing scheme within her local constituency.

The compulsory registration of leases with the Land Registry

The compulsory registration of leases with the Land Registry

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Since October 2003 tenants have been obliged, as a tenant of a commercial or residential leasehold property, to formally register the lease with the Land Registry

2.8m bookings in three months! Official data reveals hottest holiday let areas

2.8m bookings in three months! Official data reveals hottest holiday let areas

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Short-let property owners in Cornwall, Edinburgh and Westminster had the most bookings in the UK last summer.

Smaller landlords 'need protection from rogues too' says Trading Standards

Smaller landlords 'need protection from rogues too' says Trading Standards

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Smaller landlords need as much protection as tenants, a Lords committee inquiry into the regulation of property agents has been told.

'Squeezing holiday lets will not solve housing crisis'

'Squeezing holiday lets will not solve housing crisis'

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Holiday let owners are being unfairly scapegoated in the guise of controlling rising house prices and availability, according to one holiday rental agency.

Council and police step in to help landlord evict nightmare tenant

Council and police step in to help landlord evict nightmare tenant

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Liverpool City Council and Merseyside Police have stepped in to help a landlord evict his nightmare tenant.

Student housing sector 'in crisis' warns coalition of providers

Student housing sector 'in crisis' warns coalition of providers

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The Government is doing too little to support the student landlords and many places are short of accommodation for second- and third-year graduates, a new poll has found.