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OFFICIAL: Landlords ARE quitting rented sector says Bank of England

OFFICIAL: Landlords ARE quitting rented sector says Bank of England

News

The Bank of England has joined the chorus of voices highlighting the worsening problem of landlords leaving the sector. Its findings in the latest Monetary Policy Report offer yet more proof that government tax and other policies are forcing out investors; it says demand for ren

Future of private rented sector will be the '15-minute' home say experts

Future of private rented sector will be the '15-minute' home say experts

News

The future of new rented accommodation in the UK will be developments where all facilities including transport, shops and services including schools are all within 15 minutes of a tenants property, it has been claimed. This comment was made during a https://www.savil

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

NRLA calls on Government to review landlord taxes to stop 'supply crisis'

News

Landlords are calling on the Government to review how they are taxed after new figures reveal the devastating impact higher levies are having on the private rented sector. The National Residential Landlords Association (NRLA) says new research conducted on its behalf by co

'Discriminatory' HMO licensing scheme rules slammed by landlords

'Discriminatory' HMO licensing scheme rules slammed by landlords

News

Two out of three HMO landlords in Portsmouth plan to call it quits this year, largely prompted by the launch of an additional licensing scheme in September. Portsmouth & District Private Landlords Associations survey found that this would mean a loss of 348 rooms which, e

Damp and mould investigation reveals 1000s of homes affected

Damp and mould investigation reveals 1000s of homes affected

News

A Government investigation into damp and mould in the social housing sector has disclosed initial findings which show a significant number of homes in the social sector are affected by this problem. On Thursday (2 February) the Regulator of Social Housing (RSH) published a <a hr

Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

News

The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

News

The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

News

Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

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The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil

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COMMENT: Aiming for net zero makes good business sense

COMMENT: Aiming for net zero makes good business sense

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Increasing the energy efficiency of a property is undoubtedly of value - regardless of the election outcome.

Logbooks should be made compulsory for landlords, claims expert

Logbooks should be made compulsory for landlords, claims expert

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Landlords could have to start keeping a digital logbook to demonstrate their compliance with energy efficiency measures.

Greens vow to power up plans for warmer rental homes

Greens vow to power up plans for warmer rental homes

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Green MPs will push for rent controls and tenants’ right to demand energy efficiency improvements if they win more seats in the election.

PRS should be cut dramatically, campaigners tell Martin Lewis

PRS should be cut dramatically, campaigners tell Martin Lewis

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Property expert Julie Ford has called out tenant union Acorn for suggesting the private rented sector should be greatly reduced.

Utilita Homes boss says landlords need more help to retrofit properties

Utilita Homes boss says landlords need more help to retrofit properties

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In a bold appeal to the country’s incoming policymakers, George Walters, Chief Home Services Officer at Utilita Energy, is urging political parties to prioritise helping landlords to retrofit their properties in a bid to make millions of tenants more comfortable

Landlords promised cash incentive under new Tory government

Landlords promised cash incentive under new Tory government

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Groups representing both tenants and landlords have reacted coolly to the Conservative manifesto which was deemed short on new initiatives.

Purpose-built rentals pushed as housing shortage solution

Purpose-built rentals pushed as housing shortage solution

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The British Property Federation has called on the next government to set a bold target of 30,000 new build-to-rent homes a year.

Rent increases slowing, but tenant demand is still outpacing supply

Rent increases slowing, but tenant demand is still outpacing supply

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The latest data shows that rent increases have been slowing but tenant demand still outstrips supply

Official figures confirm Scotland's PRS is shrinking

Official figures confirm Scotland's PRS is shrinking

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The Scottish government has published new evidence that confirms the country’s private rented sector is getting smaller.

Tenant activists insist "landlords need us”

Tenant activists insist "landlords need us”

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Acorn has taken aim at private landlords again, this time questioning whether their existence is even necessary.

Ban on new leasehold flats moves closer

Ban on new leasehold flats moves closer

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Government vows to finish the job of ending ‘feudal’ leasehold system in England and Wales

Rents rise and void periods shorten, reveals Goodlord

Rents rise and void periods shorten, reveals Goodlord

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Average rents in England jump 4% in a year to February while voids dropped from 24 to 20 days

Younger people targeted in tenant fraud

Younger people targeted in tenant fraud

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Almost three quarters of rental fraud involves young people, official data has revealed.

Book Review: Carl Bayley’s book, Shelter your Family from the Taxman: How to Save Inheritance Tax

Book Review: Carl Bayley’s book, Shelter your Family from the Taxman: How to Save Inheritance Tax

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Carl Bayley is the author of more than twenty ‘Plain English’ TaxCafe published tax guides designed for the layperson and the non-specialist

Expert sounds alarm over rent arrears court decision

Expert sounds alarm over rent arrears court decision

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An expert has warned that a court's decision to allow tenants to challenge landlord-requested rental arrears deductions from their UC payments will see more landlords shun tenants in receipt of benefits.

Big East of England town rushes in anti-HMO rules

Big East of England town rushes in anti-HMO rules

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Fenland Council has introduced an immediate Article 4 Direction before its consultation in a bid to clamp down on burgeoning HMOs in Wisbech.

Northern council heralds landlord fines of £1.38 million... so far!

Northern council heralds landlord fines of £1.38 million... so far!

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Landlords in County Durham have had to fork out fines totalling £1.38 million in the three years since selective licensing was introduced.

Dozens of new amendments proposed for Renters' Right Bill

Dozens of new amendments proposed for Renters' Right Bill

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Peers have tabled amendments to the Renters’ Rights Bill which, if approved, would shape the legislation into a version of the previous Renters’ Reform Bill.

'Chancellor must boost rental homes supply or risk economy'

'Chancellor must boost rental homes supply or risk economy'

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Chancellor Rachel Reeves has been warned that unless more rental properties are built her recent promise to ‘attract the best talent to the UK’ and boost economic growth will fall flat.

Build-to-rent giant celebrates as landlords exit student sector

Build-to-rent giant celebrates as landlords exit student sector

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Private HMO landlords leaving the sector have created a shortage of student housing, according to Unite Students, which boasts that it can help fill the gap with purpose-built student accommodation.

Labour rejects new calls for rent controls

Labour rejects new calls for rent controls

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The government has repeated its rejection of “heavy handed” rent controls despite pressure from peers in the House of Lords.

Northern city to clamp down on 'too many' HMOs

Northern city to clamp down on 'too many' HMOs

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Preston Council has proposed new powers to reject HMO applications amid fears that the city is already being over-run by shared homes.

Landlords offered significantly discounted carpets in Scotland

Landlords offered significantly discounted carpets in Scotland

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Landlords in Scotland who are members of the country’s landlord association are to get discounted carpets when refitting their rented properties,

Landlords and agents slam Scotland's 'anti PRS' budget

Landlords and agents slam Scotland's 'anti PRS' budget

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Landlords and letting agents have slammed the extra BTL tax rise in the Scottish budget which they believe could backfire on the government.

Property lawyer reveals novel solution to 'glacial' evictions

Property lawyer reveals novel solution to 'glacial' evictions

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Moving landlord and tenant disputes from overburdened county courts to tribunals would help clear the backlog and make evictions faster, according to a senior housing lawyer.

EPC REFORMS: 'Don't pick on landlords', big lenders warn Labour

EPC REFORMS: 'Don't pick on landlords', big lenders warn Labour

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UK Finance has urged the government not to single out the private rented sector when updating its EPC framework.

New laws will place extra demands on landlords and letting agents

New laws will place extra demands on landlords and letting agents

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The extra risks associated with letting following the passing of the Renters' Rights Bill later this year will mean extra vigilance if landlords are to avoid trouble

Manchester warns landlords to 'get licensed' as scheme expands

Manchester warns landlords to 'get licensed' as scheme expands

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Manchester has extended selective licensing to another 1,863 rental properties across the city.

Housing minister vows to help tenants 'know their rights'

Housing minister vows to help tenants 'know their rights'

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Tenants in Scotland are being targeted by a new campaign that aims to make them aware of their rental rights.

Landlord MP to step down after mouldy homes revealed

Landlord MP to step down after mouldy homes revealed

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Jas Athwal, the Labour MP who was shamed for renting out mouldy and unlicensed flats, has stood down as a councillor for Redbridge Council.

DWP 'carefully considering' what to do about High Court rent arrears judgement

DWP 'carefully considering' what to do about High Court rent arrears judgement

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DWP is expected to look at reforms that will make it harder for landlords to have money deducted from a tenant's UC benefits to repay arrears.

'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.