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BREAKING: Landlords given suspended sentences over Covid loan fraud

BREAKING: Landlords given suspended sentences over Covid loan fraud

News

Two landlords have been handed suspended jail sentences for abusing a Covid Bounce Back Loan then dissolving their company to avoid paying it back.

£4 million merger creates Airbnb competitor in luxe short-lets

£4 million merger creates Airbnb competitor in luxe short-lets

News

Landlords looking to rent their properties out via short lets now have more choice after British platform UnderTheDoormat announced it has merged with European counterpart Veeve.

Landlord average mortgage rises from £802 to £1,370 a month

Landlord average mortgage rises from £802 to £1,370 a month

News

Monthly interest costs have soared by 283% since 2021 for landlords using interest-only mortgages, while those making a full monthly repayment have seen the monthly cost of their mortgage climb by 71%.

Landlords caught up in CGT schemes need to mug up on the rules

Landlords caught up in CGT schemes need to mug up on the rules

Information

This article discusses the implications for landlords of capital gains tax (CGT), a tax avoidance scheme and it sets out a brief summary of property tax rules.

Get electrics inspected now to avoid problems in 2025, landlords warned

Get electrics inspected now to avoid problems in 2025, landlords warned

News

Landlords have been urged to renew their Electrical Installation Condition Reports (EICRs) for their properties as early aspossible during 2024 or face a predicted shortage in qualified inspectors to do the work during 2025 and 2026.

Letting agency faces strike off after failing landlord clients

Letting agency faces strike off after failing landlord clients

News

Scottish ministers could decide to strike letting agent Belvoir Perth from the country's letting register after it ignored a tribunal order to pay out compensation.

Landlord defends 'publicity stunt' chainsaw eviction video

Landlord defends 'publicity stunt' chainsaw eviction video

News

Controversial property educator Samuel Leeds has insisted that his latest online video – breaking through a door with a chainsaw – wasn’t illegal and aimed to highlight private landlords’ predicament.

Lawyers call for more cash to fund tenant eviction fight-backs

Lawyers call for more cash to fund tenant eviction fight-backs

News

The Law Society of England and Wales has called for more housing legal aid to help those tenants facing eviction or repossession.

AUCTIONEER: 'Tenanted flats hardest to sell as investor confidence wanes'

AUCTIONEER: 'Tenanted flats hardest to sell as investor confidence wanes'

Opinion

It's that time of year when many people in the property profession give their opinion as to what to expect for the coming 12 months.

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Banning leasehold flat sales 'will cause problems' warn experts

Banning leasehold flat sales 'will cause problems' warn experts

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News
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Opinion
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Property experts have warned that Labour’s promise to finish the job of ending the “feudal” leasehold system could complicate leaseholders’ situation.

Big lender changes mortgage T&Cs to allow Airbnb lets during void periods

Big lender changes mortgage T&Cs to allow Airbnb lets during void periods

News
News
Podcast
Opinion
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A major high street lender has changed the terms and conditions of its mortgages to enable landlords to rent their properties out on short-term and holiday let sites such as Airbnb and Booking.com during void periods.

Council reveals plan to get students out of HMOs and into PBSA

Council reveals plan to get students out of HMOs and into PBSA

News
News
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Opinion
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A Midlands council is on an unusual mission to get more students living in purpose-built student accommodation (PBSA) instead of traditional HMOs.

LATEST: King's Speech reveals Labour's new Renters' Rights Bill

LATEST: King's Speech reveals Labour's new Renters' Rights Bill

News
News
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This morning’s King’s Speech to a packed House of Lords has revealed Labour’s radical plans for landlords, letting agents and tenants.

Landlords 'getting younger' latest research reveals

Landlords 'getting younger' latest research reveals

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News
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Opinion
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Keen thirty-something investors have helped to lower the average age of private landlords by four years over the last decade.

EXODUS: 18% of homes for sale are former rentals

EXODUS: 18% of homes for sale are former rentals

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News
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The number of former rental properties currently for sale has risen dramatically as more landlords exit the market or downsize.

BREAKING: Inflation under control but property costs still soaring

BREAKING: Inflation under control but property costs still soaring

News
News
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Opinion
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Information

Official figures show inflation has held steady at 2% over the past 12 months but the detailed briefing from the Office of National Statistics also reveals that property costs remain at historically high levels.

What can landlords expect from this new Labour government?

What can landlords expect from this new Labour government?

News
News
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Opinion
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Tom Entwistle looks at the likely changes ahead of this week’s King’s speech - this should reveal a bit more detail and the general direction of travel by Labour

City council pushes for powers to regulate holiday lets

City council pushes for powers to regulate holiday lets

News
News
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Opinion
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Brighton & Hove Council is to ask the government if it can start licensing short-term lets in a bid to combat their impact on local communities.

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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News
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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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News
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Opinion
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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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News
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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

News
News
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Opinion
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Information

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

News
News
Podcast
Opinion
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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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News
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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

News
News
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Opinion
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Information

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

News
News
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Opinion
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Information

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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News
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Opinion
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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.

Inflation rate surprise to delay mortgage interest rate drop for landlords

Inflation rate surprise to delay mortgage interest rate drop for landlords

News
News
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Opinion
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Information

Landlords could have to wait slightly longer for the pressure on mortgage rates to ease after the annual rate of inflation hit 4% last month.

Record rent rises revealed by latest official PRS data

Record rent rises revealed by latest official PRS data

News
News
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Opinion
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Information

UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.

MPs told Commonhold is best replacement for leasehold

MPs told Commonhold is best replacement for leasehold

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News
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Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.

Landlord slams 'over the top' DWP demands on tenants

Landlord slams 'over the top' DWP demands on tenants

News
News
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Opinion
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Information

Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.

Landlords in Wales not obliged to flag homelessness risk

Landlords in Wales not obliged to flag homelessness risk

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News
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Opinion
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Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.

Family build-to-rent urged to meet PRS shortfall

Family build-to-rent urged to meet PRS shortfall

News
News
Podcast
Opinion
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Information

Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.

Fewer tenancies trigger letting agency closures

Fewer tenancies trigger letting agency closures

News
News
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Opinion
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Almost 2,000 letting agent branches shut up shop last year which meant 2023 ended with 659 fewer branches on the high street.

Funding concerns continue to stall retrofit plans

Funding concerns continue to stall retrofit plans

News
News
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Nearly a fifth of landlords believe the government should prioritise better access to finance so they can carry out retrofitting plans.

More landlords in cost-saving drive to incorporate

More landlords in cost-saving drive to incorporate

News
News
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Opinion
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Information

A record 50,004 limited BTL companies were set up last year, driven by landlords looking to shelter themselves from higher interest rates.

Landlords told to fix mouldy homes within 24 hours 

Landlords told to fix mouldy homes within 24 hours 

News
News
Podcast
Opinion
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Information

Michael Gove says that under Awaab’s Law, social housing landlords must deal with condensation issues without delay.

What is in store for landlords in 2024?

What is in store for landlords in 2024?

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Get ready for an intriguing year ahead in 2024, particularly if you're a hands-on landlord, as several forthcoming announcements are poised to reshape the landscape of property management.

Court agrees a vital new 'green lease' clause

Court agrees a vital new 'green lease' clause

News
News
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Information

The importance of keeping commercial lease clauses up-to-date with changes in new legislation, in particular there's one clause that should be inserted into every commercial lease to take account of the new energy efficiency rules. Under the Landlord

Tribunal rules tenant at fault for safety check breach

Tribunal rules tenant at fault for safety check breach

News
News
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A landlord who was unable to conduct an electrical safety check due to his hoarding tenant has had a £3,500 fine quashed.

Commercial landlords to get more EPC breathing space

Commercial landlords to get more EPC breathing space

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News
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The government has confirmed that commercial landlords won’t have to meet a proposed 2025 deadline to raise their properties to an EPC band C.

Tech tie-up helps tenants report rent payments

Tech tie-up helps tenants report rent payments

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News
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Opinion
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CreditLadder has teamed up with Digital ID Connect so app users can report rental payments into credit reference agencies.

Rent fall 'no breakthrough' in challenging market

Rent fall 'no breakthrough' in challenging market

News
News
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Monthly rental costs fell by 0.9% across the UK during December and by 2.2% in Greater London - one of the biggest drops seen in 2023.