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'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

News

More than one in three tenants in the UK spend at least half their salary on rent, according to new data from flat-share site SpareRoom. Its poll of 11,000 private renters reveals that 81% spend more than 30% of their take-home pay on rent, leaving them rent burdened, mean

Annual rent inflation climbs again hitting nearly 5% across much of UK

Annual rent inflation climbs again hitting nearly 5% across much of UK

News

Rent inflation continued to climb last month up by 0.1% to 4.7%, the Governments latest data for England shows. The Official for National Statistics (ONS) reports the annual increase, which compares the 12 months to the end of April 2023 to the previous months rent data.</

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

News

In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme, and leading property expert Kate Faulkner OBE, share their initial reactions to the Renters (Reform) Bill. In perhaps the biggest shake-up of the private rented sector in ove

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

News

Large portfolio&nbsp;landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a

Leasehold WILL be abolished if we get into power, promises Labour

Leasehold WILL be abolished if we get into power, promises Labour

News

Labour has vowed to abolish the leasehold system as soon as it comes to power following Michael Goves U-turn earlier this month. The Housing Secretary dropped https://www.landlordzone.co.uk/news/new-gove-sets-sights-on-scrapping-leasehold-ownership/" target="_blank"

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

LATEST: Decent Homes Standard 'missing' from Renters (Reform) Bill

News

Environmental health bodies are to press the government on why it omitted plans for a Decent Homes Standard in the Renters (Reform) Bill. Despite including most of the promised draft legislation, the expected standards were missing and only mentioned in an accompanying press rel

'Fixed term tenancies MUST be preserved within reform bill for students lets'

'Fixed term tenancies MUST be preserved within reform bill for students lets'

News

A proposed ban on fixed-term tenancies could penalise students amid an already heightened rental crisis in many cities. According to student rentals platform StuRents�

Battle over holiday lets hots up as campaigning MP holds meeting

Battle over holiday lets hots up as campaigning MP holds meeting

News

The increasingly rancourous debate between Airbnb landlords and legislators will come to a head in York this week as the city's MP convenes a public meeting to discuss the growing problem of short lets within its walls. MP Rachel Maskell (main picture) is one of six mostly Labou

'This is why built-to-rent will outperform BTL in the long term'

'This is why built-to-rent will outperform BTL in the long term'

News

Property management professional David Goldberg recently revealed that in the long term, investing in so-called build-to-rent developments will prove to be more profitable for investors than buy to let. He claimed that built-to-rent looks to be a win-win for both tenant

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Landlord recently elected as MP under fire over damp, mould and ants

Landlord recently elected as MP under fire over damp, mould and ants

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News
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A Labour MP who is also a landlord in London has apologised over the weekend after a BBC investigation uncovered damp, mould and ant infestation problems within his property.

'We will not stand for repeat offenders', council chief warns rogue landlords

'We will not stand for repeat offenders', council chief warns rogue landlords

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News
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A landlord couple in Haringey have been fined a total of £15,000 for failing to license one of their properties and make another one safe.

'Licencing schemes should be abolished and replaced with annual MOT'

'Licencing schemes should be abolished and replaced with annual MOT'

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News
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Licencing schemes are a blunt instrument, pointlessly cost compliant landlords hundreds of pounds, are ignored by rogue operators and consume scarce council resources.

Property experts say new EPC target 'impossible to meet'

Property experts say new EPC target 'impossible to meet'

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News
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A straw poll of building surveyors, recovery experts, private landlords, investors and developers has found that the vast majority deem the government’s EPC C target by 2030 as impossible to meet.

Landlord fined £5,000 after ignoring improvement notices

Landlord fined £5,000 after ignoring improvement notices

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News
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A landlord has been handed a £5,000 fine after persistently ignoring requests to carry out improvement works on his property – despite being a builder.

EPCs to be replaced by a new Home Energy Model this year

EPCs to be replaced by a new Home Energy Model this year

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News
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EPCs to be upgraded with a new method of assessment, the new "Home Energy Model", later this year

US rent data firm with UK arm faces legal action at home

US rent data firm with UK arm faces legal action at home

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News
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A tech firm is being sued by the US government for allowing landlords in America to increase rents and stifle competition.

Eco-upgrade schemes worth £20m for landlords now live across England

Eco-upgrade schemes worth £20m for landlords now live across England

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News
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Landlords can get free or subsidised advice on eco upgrades from a raft of new government-funded schemes that are now up and running across England.

Solicitor convicted of harassing tenants given suspended jail term

Solicitor convicted of harassing tenants given suspended jail term

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A landlord in Northern Ireland has been handed a jail sentence of two months suspended for two years.

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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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.

'Hostility to landlords has cost Scotland 22,000 rental properties'

'Hostility to landlords has cost Scotland 22,000 rental properties'

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News
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Almost 22,000 homes may have been lost in Scotland during the last year due to perceived hostility towards landlords and concerns over increasing regulation.

Landlord must pay back £20,000 to posh tenants, says Tribunal

Landlord must pay back £20,000 to posh tenants, says Tribunal

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News
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An absentee landlord who used the excuse of not speaking good English and delegated property management to a family member has been stung with a £20,700 rent repayment order.

Sadiq Khan boosts cash for service that fights evictions

Sadiq Khan boosts cash for service that fights evictions

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News
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Mayor of London Sadiq Khan has increased his funding to support and advise private renters exploited by rogue landlords and facing illegal eviction.

Landlords falling behind with their mortgage payments, numbers soar

Landlords falling behind with their mortgage payments, numbers soar

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News
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The number of buy to let (BTL) landlords falling into arrears climbed significantly in recent times

HMO software giant 'pockets' Rick Gannon's Go Tenant

HMO software giant 'pockets' Rick Gannon's Go Tenant

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News
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The UK’s leading HMO management software for landlords, COHO, has bought rival Go Tenant for an undisclosed sum.

Chancellor 'preparing tax raid on holiday-let property owners'

Chancellor 'preparing tax raid on holiday-let property owners'

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News
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Chancellor Jeremy Hunt is considering a tax raid on holiday let owners, it emerged over the weekend.

Landlords call on Chancellor to fix LHA gap during Budget

Landlords call on Chancellor to fix LHA gap during Budget

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The NRLA has urged Chancellor Jeremy Hunt to definitively fix the broken housing benefit system by tackling the Local Housing Allowance (LHA) funding gap.

Rental market still 'running hot' says big lettings platform

Rental market still 'running hot' says big lettings platform

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News
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Rents increased in February for only the second time in the last six years as the market continues to run hot.

Plans to end selective licencing 'concerning' say environmental health chiefs

Plans to end selective licencing 'concerning' say environmental health chiefs

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The Chartered Institute of Environmental Health (CIEH) has voiced concern about a new property portal threatening the future of selective licensing.

Unusual rental ad sparks debate over 'lodgers'

Unusual rental ad sparks debate over 'lodgers'

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An advert on Spareroom.com has sparked a debate about the unusual nature of ‘lodgers’ versus ‘tenants’ after a family in London advertised for someone to look after their children, pay rent but only live there during the weekdays.

Rightmove: 'Help landlords pay for energy efficiency upgrades'

Rightmove: 'Help landlords pay for energy efficiency upgrades'

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Rightmove has called for more green home incentives for the private rented sector after its poll showed a big fall in landlords planning to make improvements to their properties.

Gove backs landlords and say he's 'listening to rebel MPs'

Gove backs landlords and say he's 'listening to rebel MPs'

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News
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Michael Gove has voiced his support for landlords and insists he wants to make the Renters (Reform) Bill work for them.

Scots tenants told to confront landlords over rent rises

Scots tenants told to confront landlords over rent rises

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The Scottish government has urged tenants to tackle unfair tenancies before the emergency rent cap and additional evictions protections end on 31st March.