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Letting agents flag huge worries over landlords leaving market

Letting agents flag huge worries over landlords leaving market

News

Letting agents are concerned that increasing numbers of landlords are exiting the market.

London rental market cools down but will rest of UK follow?

London rental market cools down but will rest of UK follow?

News

The capital’s rental market continues to show signs of slowing down, with prices rising by just 1% year-on-year in May while the number of viewing request per property has dropped too.

Controversial landlord calls on Reform to back landlords with tax breaks

Controversial landlord calls on Reform to back landlords with tax breaks

News

Fergus Wilson has questioned whether new Reform UK leader Nigel Farage would restore Landlord Tax to the previous headline rate and put Capital Gains Tax down to a flat 10% for all landlords - the level of tax paid if held in a company.

Generation Rent says private rented homes must be 'nationalised'

Generation Rent says private rented homes must be 'nationalised'

News

Generation Rent has called for private rented homes to be brought into public or tenant ownership in its list of demands for the next government.

Build-to-rent giants hoover up 1000s of homes in southern England

Build-to-rent giants hoover up 1000s of homes in southern England

News

The rise of ‘built-to-rent’ homes as a major competitor for tenants with private landlords took a leap forward this week after two US firms revealed they had bought 1,750 homes off a UK builder that will now be rented out rather than sold.

Court refuses to alter terms of a commercial lease on renewal

Court refuses to alter terms of a commercial lease on renewal

Information

When the terms of a commercial renewal lease cannot be varied in the agreed between the parties, according to the provisions of the Landlord and Tenant Act 1954

CLADDING: Leaseholders still facing mortgage problems despite official promise

CLADDING: Leaseholders still facing mortgage problems despite official promise

News

Nearly a quarter of mortgages on mid-rise flats required an ESW1 form this year, despite government promises that leaseholders in these blocks affected by the cladding scandal would no longer need one when selling or remortgaging.

Labour to re-start renting reforms abandoned by Tories, predicts NRLA

Labour to re-start renting reforms abandoned by Tories, predicts NRLA

News

Labour is likely to reintroduce the Renters (Reform) Bill in a similar form if it wins the election and has already confirmed its view that the court process needs speeding up.

'Landlords part of solution to housing crisis, not the problem'

'Landlords part of solution to housing crisis, not the problem'

News

Any new government must continue to encourage private landlords if it is to effectively tackle the housing crisis, according to property lawyer David Smith.

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AGENT: Landlords 'must support local communities and provide for social tenants'

AGENT: Landlords 'must support local communities and provide for social tenants'

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A leading property management firm has called on private landlords to support the social tenant sector following yesterday's report from London Councils tha

Bristol reveals big expansion in landlord property licencing across city

Bristol reveals big expansion in landlord property licencing across city

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News
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All Bristol landlords could soon have to licence small HMOs, while those in the Bishopston and Ashley Down, Cotham, and Easton wards are bracing themselves for a proposed sele

Landlords leave temporary accommodation market as private rents soar

Landlords leave temporary accommodation market as private rents soar

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News
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An unintended consequence of the Government's crackdown on the private rented sector has been revealed as councils across London report more landlords withdrawing from the t

Gove to speak at landlord conference - but will he reveal all about his reforms?

Gove to speak at landlord conference - but will he reveal all about his reforms?

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News
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Landlords hope housing secretary Michael Gove will update them on the Renters Reform Bill when he takes top billing at the NRLA's national conference later

Focussing on Build to Rent and sidelining landlords 'wrong' experts tell Govt

Focussing on Build to Rent and sidelining landlords 'wrong' experts tell Govt

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News
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A raft of mortgage brokers and financial experts have criticised the Government's focus on the build-to-rent (BTR) sector and its policies which sezek to side-line traditional

London police get lessons in protecting tenants' rights

London police get lessons in protecting tenants' rights

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News
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The Met Police has issued new guidance for frontline officers around <a href="https://newsarchive.landlordzone.co.uk/news/illegal-evictions-increasing-dramatically-says-leadin

MARKET: Are 'resident clubs' an answer to our rental housing shortage?

MARKET: Are 'resident clubs' an answer to our rental housing shortage?

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News
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Renters looking to live in the capital can sign up for a new alternative renting concept that blurs the lines between traditional hotels,&nbsp;serviced apartments and private

Will serviced office companies survive?

Will serviced office companies survive?

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Serviced offices one would surmise, offer the ideal solution in a post-Covid world. Mainstream office investments are struggling in a world where a good proportion of most com

Official probe into 'zero deposit' schemes to see if they're unfair to landlords

Official probe into 'zero deposit' schemes to see if they're unfair to landlords

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News
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<a href="https://www.gov.uk/government/news/cma-update-on-work-in-housing-sector">The Competition and Markets Authority</a> (CMA) is to dig deeper into zero deposit schemes an

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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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News
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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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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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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

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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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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

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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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News
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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.