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Landlord mortgage costs leap to nearly 40% of rental income

Landlord mortgage costs leap to nearly 40% of rental income

News

The average mortgaged landlord paid 37% of their rent on mortgage interest in August, up from a low of 24% in November 2021, according to Hamptons.

30 campaigning groups write to Rishi urging landlord reforms

30 campaigning groups write to Rishi urging landlord reforms

News

Thirty charities and non-profit organisations have written to the Prime Minister urging him to ensure the Renters Reform Bill is passed during this Parliament.

Property 'dating service' for landlords and tenants launches

Property 'dating service' for landlords and tenants launches

News

A WhatsApp-style ‘dating service’ designed to marry up landlords and tenants has launched seeking to simplify London’s ‘chaotic’ private rented sector and rival established portals such as Rightmove and Zoopla.

40 per cent of tenants are struggling with rent payments

40 per cent of tenants are struggling with rent payments

News

There’s now a significant proportion of adults in the UK struggling to meet their rent or mortgage payments

Buy-to-let profits nosedive for new buyers

Buy-to-let profits nosedive for new buyers

News

Landlords who took out a new mortgage between April and June this year made an annual cash loss for the first time since 2007.

Absentee landlord handed fine for ignoring tenants

Absentee landlord handed fine for ignoring tenants

News

A landlord who ignored improvement notices on his two unlicensed properties has been handed a £15,000 fine by magistrates.

Can tenancy contracts be signed electronically?

Can tenancy contracts be signed electronically?

Information

It is very convenient and timely to accept documents relating to tenancies signed electronically and transmitted electronically - are they legal valid?

Agency pays high price for harassing tenants

Agency pays high price for harassing tenants

News

A letting agency in Hove has been ordered to pay nearly £69,000 for “abhorrent and vile” behaviour towards its tenants.

Kids and pets raise the cost of renting

Kids and pets raise the cost of renting

News

Renters with pets or children are paying as much as £460 more during their tenancy compared to other renters.

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EXPERTS: What will happen next to BTL mortgage interest rates?

EXPERTS: What will happen next to BTL mortgage interest rates?

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Buy-to-let mortgage rates could fall slightly soon after creeping up since the Autumn Budget, according to financial experts.

BTL bounces back as lenders reveal surprise jump in lending

BTL bounces back as lenders reveal surprise jump in lending

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News
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Activity within the buy-to-let market is reviving after months of uncertainty and political interference, new official landlord lending data suggests.

Get your energy-efficient house in order with Safe2

Get your energy-efficient house in order with Safe2

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With the Government launching a consultation on the way EPCs are calculated – and with another on energy efficiency standards in the pipeline, we know that the rental homes of the future will need to reach much higher standards.

Welsh landlords to return two months' rent to evicted tenants

Welsh landlords to return two months' rent to evicted tenants

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News
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Letting agents have called out Welsh Government plans to enable tenants facing eviction to keep their final two months’ rent as ‘compensation’.

EXCLUSIVE: National Trust rebuffs MPs claims over empty rental homes

EXCLUSIVE: National Trust rebuffs MPs claims over empty rental homes

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News
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The National Trust has rejected claims that it stopped renting out its properties to avoid the growing legislative burden.

Property firm and landlord fined £14,000 over 'slum conditions' at house

Property firm and landlord fined £14,000 over 'slum conditions' at house

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News
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A Liverpool landlord has been hit with a fine of almost £14,000 for allowing tenants to live in a “house of horrors”.

POLL: 44% of landlords support most extreme form of rent control

POLL: 44% of landlords support most extreme form of rent control

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Nearly half of landlords and three quarters of the general public support rent controls, a poll by YouGov on behalf of wealth inequality not-for-profit Common Wealth has revealed.

Welsh MS says reforms will push too many landlords out of rental market

Welsh MS says reforms will push too many landlords out of rental market

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News
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A Welsh politician has sounded the alarm over new legislation which risks exacerbating the mass exodus of private landlords.

Agent warns renting reforms will throw tenancy starts into disarray

Agent warns renting reforms will throw tenancy starts into disarray

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News
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A leading agency has warned that tenants could move into a property without having paid any rent once the Renters’ Rights Bill becomes law.

Liverpool to spend £2 million on new 'rogue landlord' taskforce

Liverpool to spend £2 million on new 'rogue landlord' taskforce

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News
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Liverpool City Council has launched a new taskforce to go after criminal landlords who exploit vulnerable tenants.

Leasehold WILL eventually be abolished for flats says minister

Leasehold WILL eventually be abolished for flats says minister

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News
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The government has signalled that it will bring in more leasehold reforms for flat owners following the introduction of the Leasehold and Freehold Reform Bill.

Agency boss says mortgage interest tax relief for landlords 'must be reinstated'

Agency boss says mortgage interest tax relief for landlords 'must be reinstated'

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News
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Leaders Romans Group (LRG) has called for a landlords’ reform bill to protect landlords and safeguard the housing sector.

Huge HMO prevention scheme launched by big Midlands city

Huge HMO prevention scheme launched by big Midlands city

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News
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Coventry has gone ahead with a huge new scheme to prevent properties being converted into HMOs without full planning permission.

Does a missing landlord address invalidate a Section 8 notice?

Does a missing landlord address invalidate a Section 8 notice?

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This was a question answered during a recent appeal case covered here by Tom Entwistle In the Prempeh v Lakhany (Oct 2020) appeal the tenant claimed that a Section 8 notice was invalid because it did not contain the la

Shamplina among 20 winners at landlord awards

Shamplina among 20 winners at landlord awards

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News
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Paul Shamplina has won Seminar Speaker of the Year at the National LIS Awards 2023, the third time in a row the Landlord Action founder has received the honour.

Letting agent caught blatantly refusing to return tenant's deposit

Letting agent caught blatantly refusing to return tenant's deposit

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News
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A letting agent has been found to have blatantly broken the law by refusing to hand back a holding deposit.

Landlords warned they must ensure property ads are accurate

Landlords warned they must ensure property ads are accurate

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News
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Landlords have been warned that they will have to work much harder with their letting agent to ensure property adverts for their homes to rent include all the ‘material information’.

Up to 50% of southern England landlords looking to sell up

Up to 50% of southern England landlords looking to sell up

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News
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One in five landlords hit by rising costs are considering selling up, with a stark divide between those with properties in the north and south of the country.

Minister claims rent controls 'are working' for tenants and landlords

Minister claims rent controls 'are working' for tenants and landlords

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News
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Scotland’s housing minister has defended the country’s policy of rent and eviction controls despite new figures showing rents continuing to rise.

Landlord couple to face jail following HMO tenant's fire death

Landlord couple to face jail following HMO tenant's fire death

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News
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A landlord couple could face jail after admitting a string of offences which led to the death of one of their tenants in a fire.

Social housing ombudsman to deal with private landlords too, says Minister

Social housing ombudsman to deal with private landlords too, says Minister

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News
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Disputes between landlords and their tenants will soon be handled by the social housing ombudsman, it has been confirmed by Government minister Jacob Young.

Tenant abandonment - what is it?

Tenant abandonment - what is it?

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What is Abandonment? Abandonment is when a tenant leaves the property (usually without notifying the landlord or agent) before the tenancy has ended.

Double council tax aims to get owners letting properties

Double council tax aims to get owners letting properties

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News
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Argyll and Bute councillors have approved a plan to charge a double council tax on second homes.

London council bids to continue clampdown on small HMOs

London council bids to continue clampdown on small HMOs

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News
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Haringey Council has urged landlords to share their views on plans for a new additional licensing scheme in the borough.

Rising UK rents forecast to break records

Rising UK rents forecast to break records

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News
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A continued imbalance between supply and demand is set to grow rents by 6% next year, before hitting an affordability ceiling that will limit growth until 2028.

Unlawful extension lands landlord with hefty fine

Unlawful extension lands landlord with hefty fine

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News
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A landlord who illegally rented out a property for years without planning permission has been ordered to pay £93,000.

Landlords warm to tougher energy rules - but need more help

Landlords warm to tougher energy rules - but need more help

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Most private landlords think they should be subject to stricter energy efficiency regulations, according to new research.

Landlords urged to beware the pitfalls of non-dom licensing

Landlords urged to beware the pitfalls of non-dom licensing

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News
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A licensing expert has warned landlords living overseas about the dangers of asking UK-based friends or firms to apply for their selective licence.

Leasehold reforms herald huge shake-up for homeowners

Leasehold reforms herald huge shake-up for homeowners

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News
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The Leasehold and Freehold Reform Bill has taken a step towards becoming legislation after it was introduced to Parliament.

Labour to stop landlords evicting if deposit has not been protected

Labour to stop landlords evicting if deposit has not been protected

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News
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Labour MPs have tabled 26 amendments to the Renters Reform Bill that demand much tougher financial penalties for errant landlords and stricter rules around deposits.

New national lobbying group for landlords revealed

New national lobbying group for landlords revealed

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News
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PRS organisations, forums and landlord groups have joined forces to launch the Housing Coalition, which aims to give the sector a voice and improve private rental housing standards.

Could it happen here? Ireland to give PRS tenants 'right to buy'

Could it happen here? Ireland to give PRS tenants 'right to buy'

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News
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Tenants in Ireland could get first refusal on a property when a landlord puts it up for sale if new legislation gets the go-ahead.

Investors rush to snap up buy-to-let portfolios for cash before the year ends

Investors rush to snap up buy-to-let portfolios for cash before the year ends

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With just one month to go until the year ends, investors are continuing to snap up properties at an accelerated rate. With next year bringing uncertainty, and a potential change in government, the trend for new investors who have entered the market to step in and take whole portfolios...

OFFICIAL: Smaller landlords will NOT need to use digital tax system

OFFICIAL: Smaller landlords will NOT need to use digital tax system

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Landlords earning less than £30,000 will not have to use HMRC’s Making Tax Digital (MTD) software, the government has confirmed.