Rent arrears jumped by 44% to an average of £2,597 during the final three months of 2024, latest year-on-year figures reveal, while on a quarterly basis they increase by 26%.
Landlords know the score – it’s tough out there and hordes of Landlords are rushing to sell before Section 21 is abolished.
New data reveals that 20% of landlords across England and Wales have sold property during the last 12 months, almost three times more than the 7% who had bought new homes to rent.
One of the UK’s largest tenant referencing firms has warned that the restrictions to be placed on landlords by the looming Renters’ Rights Bill will push up rent arrears.
The new Labour Government has been busy changing the rules on EPCs for rentals and there’s ongoing consultation exercises to decide what changes are needed
A landlord has been fined almost £5,000 after being found guilty for a second time of operating an illegal HMO.
Middlesborough Council has brought in new planning restrictions to clamp down on the “wrong sort of HMOs”.
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’.
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?
MPs have voted against an amendment to prevent a tax cut from applying to buyers of second and additional homes. During a debate on the Stamp Duty Land Tax (Reduction) Bill, Opposition Treasury Secretary Abena Oppong-Asare said that a clause which increases the threshold for peo
According to a new report just out by the Resolution Foundation (RF), UK households face a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. Its the aftermath of a Covid pandemic that involved massive Government borrowin
https://www.landlordzone.co.uk/news/judge-slams-arrogant-landlord-after-illegal-eviction-of-tenant-during-covid/" Rent Repayment Order (RRO) applications dropped significantly last year as tenants were put off by more restrictive Upper Tribunal and Court of Appeal decisio
Housing groups across Greater https://www.landlordzone.co.uk/news/latest-manchester-landlords-given-last-chance-to-comment-on-licensing-expansion/" Manchester have urged MPs and local policymakers to step in and protect tenants from eviction, warning that the system is no
Commercial capital property values fell 13% last year as rising interest rates impacted the sector, with industrial units taking the biggest hit. https://www.cbre.co.uk/" CBRE s monthly figures show values down 3% in December and annual total returns down by
Private renters are facing an increase in housing costs, with rental price growth at its highest rate in the UK since records began in 2016. About a quarter (26%) of all renters (both private and social) surveyed between 7th and 18th December reported that their rent payments ha
As landlords, we all know there is a wealth of legislation that we need to wrap our heads around to maintain compliance throughout the lifespan of a tenancy. Gas safety, energy efficiency, electrical safety, legionella risk assessments, insurances, prohibited payments, How to Rent, Right to
New laws will make it easier for broadband companies to gain access to thousands of https://www.landlordzone.co.uk/news/latest-mps-gives-tenants-new-rights-to-have-high-speed-broadband-kit-installed-in-blocks/" blocks of flats across England and Wales. The Tel
Landlords are being encouraged to donate the addresses of their vacant properties as part of a unique bid to stem homelessness. Dreamt up by architect Chris Hildrey, https://www.proxyaddress.co.uk/" ProxyAddress allows people to securely borrow a stable, donat
The group of rebel Tory MPs backing moves to make significant changes to the Renters (Reform) Bill has today published its comprehensive list of amendments, along with the full names of the 49 MPs within the group (see list at end).
A financial report has revealed Nottingham Council’s struggle to keep money raised from selective licensing ring-fenced.
The Government has delayed its already-announced reforms of the courts, making it even less likely that the UK’s County Courts will be ready to take on the extra work created by banning Section 21 evictions, it has been claimed.
The Government has taken on board a list of changes to the Renters (Reform) Bill requested by some 50 rebel Tory MPs, it has been reported
The anticipation surrounding the Renters (Reform) Bill has remained a constant topic recently, with discussions over the timing of the abolition of Section 21 constantly fluctuating.
The Government has admitted that the issuing of Biometric Residence Permits (BRPs), which are used by non-UK citizens to prove they have a right to rent properties, has been taking too long.
An absentee landlord has been stung with a £1.44 million penalty after he continually broke planning rules in a decade-long stand-off with Ealing Council.
Building 90,000 social homes a year will end the housing emergency and pay for itself within three years due to the wider economic benefits, according to a study by Shelter and the National Housing Federation.
Tom Entwistle passes on some thoughts on dealing with tenant selection and securing a good tenant-letting in the current economic climate
A former landlord has been ordered to pay a council tax demand dating back nearly 20 years.
A rogue landlord has been ordered to pay more than £9,000 for ignoring notices to improve his dangerous property.
Leeds Building Society has stopped lending to investors buying holiday lets in areas of North Norfolk and North Yorkshire in a bid to relieve pressure on local housing.
The quality of service provided by letting agents to landlords is under the spotlight again after an influential group within the Lords revealed it is to probe into the sector.
It has been confirmed over the weekend that a group of 49 ‘rebel’ Tory MPs are working hard have the Renters (Reform) Bill amended.
MPs have been given more details of the Government’s plans to clamp down on holiday lets in tourism hotspots following Michael Gove’s announcement this week.
Minimum energy efficiency standards (MEES) are not being enforced by overstretched councils who cannot keep any income they make from fines imposed for breaches.
Landlords will have to fork out an extra £460 to use the new Making Tax Digital for Income Tax Self-Assessment system.
Landlords who have used cowboy spray foam firms to insulate their properties are to be offered help by one of the main trade associations for the sector.
A staggering 94% of renters don’t have confidence in the government’s approach to housing, according to a poll by SpareRoom.
Salford Council wants new powers to help stem the growth of HMOs in the city.
Jacob Rees-Mogg has turned on Tory colleagues by labelling the Renters (Reform) Bill “desperate tinkering at the edges” which won’t help landlords or tenants.
A landlord who ignored a council’s enforcement notice to stop operating an HMO without planning permission has been told to return it to a ‘traditional family home’ or face a huge fine.
Opportunities for developers and investors in property will open up as new amendments are laid down.
It’s another week of news suggesting that landlords need to sell. If you’ve not yet considered cutting your loses, this might be the sign it’s time to exit the market, fast.
Cross-party peers have grilled Housing Minister Baroness Penn over the government’s ambiguous assurance that no-fault evictions would be banned before the general election.
