Landlords, estate agents and surveyors have all given yesterdays Budget an unqualified thumbs down after the Chancellor chose to focus on economic growth but ignore several problem threatening to engulf the housing market. All have said the budget was disappointing and a m
Despite new research showing that one in four people plan to invest in property to generate retirement income, Chancellor Jeremy Hunt's scrapping of the 'lifetime pension fund limit' could dampen demand for BTL property, says Cornerstone Tax. The impact of inflation on savings a
Shelter has slammed the Chancellor for failing to raise Local Housing Allowance (LHA) rates in his spring Budget. The homeless charity says Jeremy Hunt could have put an end to spiralling homelessness, but instead, he has stuck his head in the sand. Yet again we
Sunday Times economics editor David Smith has expressed sympathy for private landlords who he believes feel bruised by increasing regulation in the sector. He says higher mortgage rates might be the straw that breaks the camels back for many, with some alrea
First time buyers remain better off owning than renting an equivalent home, Lloyds Bank says, but the gap is narrowing. Its latest Owning vs Renting Review reveals that owning a first home now costs �971 a month, four percent less than renting at �1,013.
The government failed to offer long-term support for energy efficiency improvements or increase the Local Housing Allowance in a Budget which instead focused on getting the country back to work. Chancellor Jeremy Hunt extended support for energy bills at current levels of �2,50
In this in-depth private rented sector legislation special, Eddie and Paul are joined by David Smith, head of property litigation at JMW Solicitors. The discussion kicks off with the recent landmark Rakusen v Jepsen rent repayment order case, where David represented the NRLA and which, he e
Youve made the decision to sell, and beat the market drop and increased costs. But where do you turn? Estate Agents can get you a high price, but theyll take far too long. Auctions can sell super-fast, but you might be compromising on price. <figure id="" class="w-richtext-figure-t
Generation Rent is calling on the government to extend Awaabs Law to the PRS after its survey found 1,106 private rented homes in England with dangerous levels of damp and mould. A Freedom of Information request by the campaign group found that the 65 councils which reported
A very big portfolio landlord has been ordered to pay £15,290 to former tenants after it failed to license one of its 750 properties.
Landlords may soon have to repay up to two years rents to tenants if they fail to comply with decisions with the sector’s looming new ombudsman.
The government must focus on sustaining a vibrant PRS and not “hark back to the wonders of the 1970s with social housing and council housing…as being a really great thing,” warns NRLA boss Ben Beadle.
Benefits landlord Mick Roberts is losing patience with MPs whose continued ‘anti-landlord’ policies have only made more people homeless and increased rents.
Landlords and businesses are rushing to transfer and liquidate assets ahead of a potential Capital Gains Tax hike in next week’s budget.
A landlord who used to have a property portfolio of 100 homes has told the BBC that multiple pressures on the sector including looming regulations, higher interest rates and costs have persuaded him to cut his portfolio down to 65 units.
A group of student accommodation landlords have warned the Government that its plans to dispense with fixed-term tenancies and move to open ended ones will lead to fewer providers and homes within this market.
Landlords in the North East are pocketing the highest rental yields in the UK, according to Paragon Bank’s latest lending data.
Hamptons reports that 46,449 companies have been set up to hold buy-to-let property in Great Britain between January and September, a 23% increase on the same period last year.
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 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.
A landlord in Norfolk has been fined £6,500 after a significant investigation by local housing officers.
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?
A senior lawyer has told landlords that they cannot blame their tenants if mould appears within privately rented homes.
A fraudulent letting agent who ripped off landlords by failing to register their deposits has escaped a jail sentence.
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.
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.
An Additional Licencing scheme covering all larger HMOs in Warwick has now gone live following approval of the scheme last year and a consultation.
Select committee report is arguing for a change in the law to force private landlords to have to fix mould within days
The government has revealed more details about how the new Private Rented Sector Ombudsman Service will work in practice.
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.
Buy-to-let intermediary Mortgages for Business is rebranding as Mortgage Finance Brokers (MFB) to reflect its more inclusive approach.
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.
Tory MPs have tabled a raft of amendments to the Renters Reform Bill to ensure it works for the whole private rented sector.
Property surveyors across the UK have reported a slowdown in tenant demand along with continued levels of diminishing stock.
Four tenants have lost their £309,000 claim for harassment but won a £21,160 rent repayment order for living in an unlicensed flat.
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.
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.
UK rents increased by 6.2% in the year to December 2023 - the joint highest annual percentage change since 2016.
Experts and campaigners giving evidence to the Leasehold and Freehold Reform Bill committee have endorsed a commonhold system.
Tenants across the UK are being asked to comply with an extensive fraud checklist to confirm their eligibility for Universal Credit.
Propertymark has welcomed the Welsh government’s commitment that private landlords shouldn’t have to refer tenants at risk of homelessness.
Up to one million new rental homes will be needed to accommodate growing demand by 2031, particularly from young families, across England and Wales.
