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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'

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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

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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

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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

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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

MARKET: Average house price down 3.2% since August 2022

MARKET: Average house price down 3.2% since August 2022

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House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al

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Big London council to bring back selective licensing

Big London council to bring back selective licensing

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Croydon has announced plans to bring back its selective licensing scheme after a five-year break.

Lettings agency pays high price for ignoring HMO regulations

Lettings agency pays high price for ignoring HMO regulations

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A student housing firm has been told to pay £13,160 for breaching safety regulations at a Salford HMO.

Landlords in-line for a £20bn energy efficiency bill

Landlords in-line for a £20bn energy efficiency bill

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Landlords will collectively have to spend more than £20billion making improvements to their rental properties to meet proposed new energy efficiency standards

Developer in hot water after Rightmove offers Premier Inn rooms to rent

Developer in hot water after Rightmove offers Premier Inn rooms to rent

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Gravesham Council is looking into a possible planning breach after studio flats were advertised for rent at a disused Premier Inn.

OFFICIAL: Landlords now waiting 25 weeks to evict tenants

OFFICIAL: Landlords now waiting 25 weeks to evict tenants

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Landlords are waiting even longer to repossess their properties - up to 25 weeks in the last quarter of 2024.

Students call for TripAdvisor-style reviews for rented student homes

Students call for TripAdvisor-style reviews for rented student homes

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Fed-up students in Bristol have launched a campaign to introduce a TripAdvisor style review system for the city’s accommodation.

OFFICIAL: Tenants blame 'lazy landlords' for poor property repairs

OFFICIAL: Tenants blame 'lazy landlords' for poor property repairs

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Tenants cite lazy landlords as the main reason for repairs and maintenance not being done in their rental homes.

Campaign group reveals plan to bring in rent controls

Campaign group reveals plan to bring in rent controls

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Rents should emulate energy prices, with a cap used to help people pay a fairer price for bills, says Generation Rent.

'Smaller landlords being hit hardest by new regulations'

'Smaller landlords being hit hardest by new regulations'

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Landlords with small portfolios are being disproportionately impacted by an increasingly regulated PRS, according to Shadow Housing Minister Kevin Hollinrake.

Council proposes unusual property licencing REDUCTION!

Council proposes unusual property licencing REDUCTION!

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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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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?

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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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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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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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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.

Inflation rate surprise to delay mortgage interest rate drop for landlords

Inflation rate surprise to delay mortgage interest rate drop for landlords

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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

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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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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

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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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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

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