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RICS reports first dip in tenant demand since 2020

RICS reports first dip in tenant demand since 2020

News

Surveyors are the latest group to report a cooling rental market in the UK, with a slowing in demand among tenants for the first time since 2020.

Big town in south reveals plans for more HMO licencing

Big town in south reveals plans for more HMO licencing

News

Reading Council has given the go-ahead for an additional licensing scheme in the town – and defended the rising costs set to hit landlords.

Campaigners urge MPs to back more severe renting reforms

Campaigners urge MPs to back more severe renting reforms

News

Generation Rent has urged renters to get more MPs backing amendments to the Renters’ Rights Bill.

LATEST: Rental market cooling as landlord 'sell off' eases

LATEST: Rental market cooling as landlord 'sell off' eases

News

Rental growth in the UK has dropped to 3.9%, its lowest level in more than three years and down from 9.1% a year ago.

Demand for accessible homes grows as renting population ages

Demand for accessible homes grows as renting population ages

News

Demand for accessible homes is growing as the tenant population ages, a leading estate agency has reported, calling on Labour to help landlords finance upgrades.

COMMENT: Tax trap has landlords in a quandary

COMMENT: Tax trap has landlords in a quandary

Opinion

With substantial capital gains gathered within your properties, selling the whole portfolio will probably leave you exposed to a substantial capital gains tax bill

Welsh Government reveals 'baffling' stamp duty rise for landlords

Welsh Government reveals 'baffling' stamp duty rise for landlords

News

The Welsh Government has followed its counterparts in England and Scotland and raised the stamp duty that landlords buying rental properties must pay, effective from tomorrow.

Renting reforms will be 'costly ride' for landlords warns expert

Renting reforms will be 'costly ride' for landlords warns expert

News

Landlords may need to prepare for a turbulent and potentially very costly ride once the Renters’ Rights Bill becomes law, a financial expert has warned.

Judge orders landlord to pay back tenants £44,000

Judge orders landlord to pay back tenants £44,000

News

A landlord has been ordered to pay six tenants a whopping £44,358 after failing to provide an excuse for operating an unlicensed HMO.

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Unusual scheme launches to help tenants buy homes off landlords

Unusual scheme launches to help tenants buy homes off landlords

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A novel rent-to-buy home purchase scheme has been set up to help renters become homeowners.

UPDATED: The Story of "Landlording" - a brief History

UPDATED: The Story of "Landlording" - a brief History

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The full history of landlords is lost in the mists of time, but much of modern property law - throughout the English speaking world - stems from over 1,000 years of English legal history.

Charity blames landlords for millions of tenants' poor health

Charity blames landlords for millions of tenants' poor health

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Millions of renters living in damp and run-down properties are suffering worsening mental and physical health, new research by homelessness charity Shelter suggests

Landlord's sons jailed for 31 years after attacking tenants

Landlord's sons jailed for 31 years after attacking tenants

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Three brothers who violently attacked vulnerable tenants at their father’s rental properties in Bedford have been handed a combined jail term of 31 years.

Housing minister rejects dedicated housing courts for landlords

Housing minister rejects dedicated housing courts for landlords

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Housing minister Rachel Maclean has confirmed that a proposed housing court for landlords to help speed-up the evictions process is ‘definitely off the table’.

'Bumbling amateur' landlord fined £27,000 over property failings

'Bumbling amateur' landlord fined £27,000 over property failings

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News
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A “bumbling amateur” landlord who imposed restrictive rules on tenants in his unlicensed HMO has been hit with a £27,500 Rent Repayment Order.

Judge rejects landlord duo's appeal over £21,000 council fine

Judge rejects landlord duo's appeal over £21,000 council fine

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News
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A landlord couple have been ordered to pay a Rent Repayment Order reduced by £6,000 but will still have to fork out £21,000 between them in fines.

Minister tries to reassure landlords worried by eviction reforms

Minister tries to reassure landlords worried by eviction reforms

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Housing minister Rachel Maclean has sought to reassure landlords that they will still be able to evict troublesome tenants or those who build up rent arrears during an event at the Conservative Party Conference in Manchester.

How to deal with a personal guarantee in buy-to-let mortgage applications

How to deal with a personal guarantee in buy-to-let mortgage applications

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Landlords are coming under increasing financial pressure given as reports of a 41% increase [i] in buy-to-let mortgage arrears and a 7% growth [ii] in buy-to-let mortgaged properties taken into possession have emerged.

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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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

Be ready for new safety rules on March 1st, Scots landlords warned

Be ready for new safety rules on March 1st, Scots landlords warned

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Landlords in Scotland will have to meet a raft of measures to keep their properties up to scratch when new rules come in on 1st March.

Minister reveals new green scheme and cash for landlords

Minister reveals new green scheme and cash for landlords

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News
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Landlords will be able to apply for bespoke green loans and cashback rewards to make their properties more energy efficient under a new government-backed scheme.

Looking to reduce your tax bill? Then you're in good 'company'

Looking to reduce your tax bill? Then you're in good 'company'

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Mortgage brokers are bracing themselves for more landlords seeking to borrow via limited companies during 2024, it has been claimed.

Government becomes shareholder in PRS investment platform

Government becomes shareholder in PRS investment platform

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News
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The government has become an investor in PRS financing platform Shojin through the conversion of a pandemic-era loan facilitated by the Future Fund scheme.

Council proposes unusual property licencing REDUCTION!

Council proposes unusual property licencing REDUCTION!

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News
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Landlords are being urged by a London councl to take part in a consultation on plans for a new, slimmed down selective licensing scheme.

Bad plumbing not mould is top concern for private tenants

Bad plumbing not mould is top concern for private tenants

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Two thirds of private renters had an issue with the quality or condition of their home during the past six months, according to new research, with plumbing problems top of the list.

Winchester council latest to become big private landlord

Winchester council latest to become big private landlord

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Winchester City Council has set up its own housing company, Venta Living, one of a growing number of councils going down the private route to help meet the growing demand for rental properties.

Landlord fined £6,500 after member of public reports HMO

Landlord fined £6,500 after member of public reports HMO

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News
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A landlord in Norfolk has been fined £6,500 after a significant investigation by local housing officers.

Mental health – are we doing enough in the HMO sector?

Mental health – are we doing enough in the HMO sector?

Opinion
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One might immediately answer 'no' to this question, but does the HMO property industry possess adequate understanding of this delicate subject to address it effectively?

Lawyer warns landlords NOT to blame tenants for mould

Lawyer warns landlords NOT to blame tenants for mould

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A senior lawyer has told landlords that they cannot blame their tenants if mould appears within privately rented homes.

Letting agent avoids jail after defrauding seven landlords

Letting agent avoids jail after defrauding seven landlords

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A fraudulent letting agent who ripped off landlords by failing to register their deposits has escaped a jail sentence.

Absentee landlord to pay tenants £10k over mouldy, unlicenced property

Absentee landlord to pay tenants £10k over mouldy, unlicenced property

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Three tenants have pocketed £10,060 between them after winning a rent repayment order against their landlord for letting out a mouldy HMO with “lamentable” fire safety.

Tribunal orders big landlord to pay £16m toward cladding costs

Tribunal orders big landlord to pay £16m toward cladding costs

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One of the UK’s largest private landlords has been ordered to pay £16 million towards the cost of fixing cladding-related fire safety problems at a group of five residential towers in London.

Warwick latest town to start borough-wide big HMO licencing

Warwick latest town to start borough-wide big HMO licencing

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An Additional Licencing scheme covering all larger HMOs in Warwick has now gone live following approval of the scheme last year and a consultation.

MPs say private landlords must face same rules as social housing

MPs say private landlords must face same rules as social housing

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Select committee report is arguing for a change in the law to force private landlords to have to fix mould within days

New ombudsman will join forces with partner scheme

New ombudsman will join forces with partner scheme

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The government has revealed more details about how the new Private Rented Sector Ombudsman Service will work in practice.

MPs want landlords to sort out mouldy PRS homes

MPs want landlords to sort out mouldy PRS homes

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A cross-party group of MPs says a crackdown on social landlords to tackle damp and mould should be extended to tenants in the private rented sector.

Mortgage broker's new look marks its evolution

Mortgage broker's new look marks its evolution

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News
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Buy-to-let intermediary Mortgages for Business is rebranding as Mortgage Finance Brokers (MFB) to reflect its more inclusive approach.

Growing demand means 1 million extra homes are needed in England & Wales

Growing demand means 1 million extra homes are needed in England & Wales

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News
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1 million extra homes will be needed in England and Wales to house singles and families – this is a continually growing market for the private rented sector.

NRLA backs MPs' pragmatic plans for Renters Reform Bill

NRLA backs MPs' pragmatic plans for Renters Reform Bill

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Tory MPs have tabled a raft of amendments to the Renters Reform Bill to ensure it works for the whole private rented sector.

Surveyors call for government action to tackle PRS woes

Surveyors call for government action to tackle PRS woes

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News
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Property surveyors across the UK have reported a slowdown in tenant demand along with continued levels of diminishing stock.

Rogue letting agent used 'smokescreen' to conceal ownership

Rogue letting agent used 'smokescreen' to conceal ownership

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Four tenants have lost their £309,000 claim for harassment but won a £21,160 rent repayment order for living in an unlicensed flat.

January sees a new surge of landlords selling their portfolios for higher prices than 2023

January sees a new surge of landlords selling their portfolios for higher prices than 2023

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There’s good news for landlords who have postponed selling their rental properties despite falling profits and new legislation making the private rental sector less appealing to most landlords.