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The cost of living crisis affects landlords as well as tenants

The cost of living crisis affects landlords as well as tenants

News

With the cost of living crisis being the political issue of the day, and a political leadership contest underway, theres something of a hiatus in the way its being dealt with. But the situation is now quite urgent. Financial distress is now higher than during the pandemic.

'This is why I'm quitting the sector after 20 years' reveals frustrated landlord

'This is why I'm quitting the sector after 20 years' reveals frustrated landlord

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Fed-up landlord Sue is quitting the sector and taking a hit on her pension plan after being ground down by anti-landlord rhetoric and red tape. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c

Minister defends decision to exempt PBSA from periodic tenancy proposals

Minister defends decision to exempt PBSA from periodic tenancy proposals

News

Housing minister Eddie Hughes has attempted to justify why institutional landlords who run Purpose Built Student Accommodation (PBSA) are to be exempted from the Governments proposal to move all tenancies in the PRS to periodic ones. <figure id="" class="w-richtext-figure-type- " data

EXCLUSIVE: Can landlords still access councils' empty homes funding?

EXCLUSIVE: Can landlords still access councils' empty homes funding?

News

Landlords with empty properties are being urged to take advantage of council cash to help fight the housing shortage. About 300 councils currently offer a scheme mainly loans to carry out repairs - although some provide grants, usually ranging from �5,000 to more than �25,

What landlords letting abroad need to know about Making Tax Digital

What landlords letting abroad need to know about Making Tax Digital

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Letting out property abroad can be a great way of generating extra income. The property might have been bought primarily as an investment but for others or it could be second or holiday home let out when not in use. There are plenty of things to think about, though.

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

LATEST: Leicester ploughs on with selective licensing despite landlord criticism

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Leicester is going ahead with its selective licensing extension in three areas of the city, charging landlords �1,090 per property - the highest fee in the Midlands. The council is introducing the scheme in parts of Westcotes, Fosse, Braunstone Park and Rowley Fields wards, whi

Landlords told to 'brace themselves' for inspections at 29,000 properties

Landlords told to 'brace themselves' for inspections at 29,000 properties

News

Durham Council has warned landlords covered by its new selective licensing scheme to brace themselves for inspections next month. At least 29,000 properties, 42% of the countys PRS, are covered by the scheme which launched in April after winning government approval. <p id

LATEST: 18% of rented homes will need �10,000 spent on them to achieve EPC band C

LATEST: 18% of rented homes will need �10,000 spent on them to achieve EPC band C

News

Nearly one-fifth of private rented homes would need work costing more than �10,000 to bring them up to an EPC Band C, according to the latest PRS figures. The English Housing Survey Private Rented Sector report for 2020-21 found that these were more likely to need larger sums o

London rents have seen record rises in a very hot spring market

London rents have seen record rises in a very hot spring market

News

The latest figures available from Rightmove show that London rents jumped by around 14 per cent in the last year, with some property experts calling it the most competitive market on record Matt Hutchinson, a director at SpareRoom, the flat sharing website, has said: <p

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Rents rise and void periods shorten, reveals Goodlord

Rents rise and void periods shorten, reveals Goodlord

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Average rents in England jump 4% in a year to February while voids dropped from 24 to 20 days

Younger people targeted in tenant fraud

Younger people targeted in tenant fraud

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Almost three quarters of rental fraud involves young people, official data has revealed.

Book Review: Carl Bayley’s book, Shelter your Family from the Taxman: How to Save Inheritance Tax

Book Review: Carl Bayley’s book, Shelter your Family from the Taxman: How to Save Inheritance Tax

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Carl Bayley is the author of more than twenty ‘Plain English’ TaxCafe published tax guides designed for the layperson and the non-specialist

Expert sounds alarm over rent arrears court decision

Expert sounds alarm over rent arrears court decision

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An expert has warned that a court's decision to allow tenants to challenge landlord-requested rental arrears deductions from their UC payments will see more landlords shun tenants in receipt of benefits.

Big East of England town rushes in anti-HMO rules

Big East of England town rushes in anti-HMO rules

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Fenland Council has introduced an immediate Article 4 Direction before its consultation in a bid to clamp down on burgeoning HMOs in Wisbech.

Northern council heralds landlord fines of £1.38 million... so far!

Northern council heralds landlord fines of £1.38 million... so far!

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Landlords in County Durham have had to fork out fines totalling £1.38 million in the three years since selective licensing was introduced.

Dozens of new amendments proposed for Renters' Right Bill

Dozens of new amendments proposed for Renters' Right Bill

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Peers have tabled amendments to the Renters’ Rights Bill which, if approved, would shape the legislation into a version of the previous Renters’ Reform Bill.

'Chancellor must boost rental homes supply or risk economy'

'Chancellor must boost rental homes supply or risk economy'

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Chancellor Rachel Reeves has been warned that unless more rental properties are built her recent promise to ‘attract the best talent to the UK’ and boost economic growth will fall flat.

Build-to-rent giant celebrates as landlords exit student sector

Build-to-rent giant celebrates as landlords exit student sector

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Private HMO landlords leaving the sector have created a shortage of student housing, according to Unite Students, which boasts that it can help fill the gap with purpose-built student accommodation.

Letting agencies join forces to create franchise supergroup

Letting agencies join forces to create franchise supergroup

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The Property Franchise Group (TPFG) and Belvoir Group have agreed to a merger to create a wide-reaching property franchise business.

Drugs gang hid behind student lets firm to make millions

Drugs gang hid behind student lets firm to make millions

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An organised crime group which used a student letting firm as a front for their multi-million-pound empire have been guilty of drug offences.

Wales on track to license all holiday homes

Wales on track to license all holiday homes

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All short-term lets in Wales will soon have to be registered and licensed under plans announced by the Welsh government.

New year heralds brighter BTL mortgage outlook

New year heralds brighter BTL mortgage outlook

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Mortgage market drama should subside this year, thanks to stable property prices, strong rental demand, rising rents and softening mortgage interest rates.

Warning: New-look Scottish rent controls risk backfiring

Warning: New-look Scottish rent controls risk backfiring

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A new adjudication process for rent controls in Scotland could add further layers of bureaucracy without benefitting landlords or tenants.

Legal case: rent repayment orders - honesty the best policy

Legal case: rent repayment orders - honesty the best policy

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A Rent Repayment Order (RRO) is an order that allows a tenant or local authority to reclaim rent or housing benefit where a landlord rents out an unlicensed property such as a house in multiple occupation (HMO). Rent Repayment Orders are obtained through a residential property t

Landlords forced to take a hit on costs by asking lower rents

Landlords forced to take a hit on costs by asking lower rents

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More landlords are being forced to reduce advertised rents in the cost-of-living crisis.

Council bids to buy more private rented homes

Council bids to buy more private rented homes

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A council plans to buy 65 private rental properties through its housing company in a bid to address the shortage of homes.

Disgruntled landlords threaten licensing scheme boycott

Disgruntled landlords threaten licensing scheme boycott

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Landlords in Middlesbrough have vowed to fight plans to expand selective licensing and a fee hike.

Landlord pays high price for ignoring mouldy bedroom

Landlord pays high price for ignoring mouldy bedroom

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A landlord who failed to remove dangerous mould from a children’s bedroom has been handed a £10,451 fine.

Landlord's flood planning saves tenants from water surge

Landlord's flood planning saves tenants from water surge

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A landlord living in Shropshire’s largest block of flats has vowed to stay put, despite his neighbours moving out during serious flooding.

REVEALED: Socialist Party's extreme plans for housing market

REVEALED: Socialist Party's extreme plans for housing market

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The Socialist Party has called for rent controls, compulsory control of private landlords and the nationalisation of house builders.

MAYOR: "Days of bad landlords being untouchable coming to end"

MAYOR: "Days of bad landlords being untouchable coming to end"

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Greater Manchester mayor Andy Burnham has warned rogue landlords that they will soon have nowhere to hide.

Is the UK Government shunning its own advice?

Is the UK Government shunning its own advice?

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The Military is shunning heat pumps in favour of cheaper to install cutting-edge electric boilers in homes

Short lets and assisted living 'hottest tickets' for 2024 - claim

Short lets and assisted living 'hottest tickets' for 2024 - claim

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Landlords are being encouraged to consider adding lucrative short lets and assisted living developments to their property portfolios this year.

Data regulator warns landlords and agents over privacy rules

Data regulator warns landlords and agents over privacy rules

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Landlords and letting agents have been warned to be more careful when handling tenants’ personal data under GDPR rules.

Huge Right to Rent fines for landlords to go live on 22nd January

Huge Right to Rent fines for landlords to go live on 22nd January

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Steeper fines for landlords flouting Right to Rent rules in England come into force on 22nd January.

New selective licences will be 'tied to tackling anti-social tenants'

New selective licences will be 'tied to tackling anti-social tenants'

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Middlesborough Council has launched a consultation into plans to extend a selective licensing scheme in parts of its Newport ward.

Private rental sector is 'broken' claims Shelter boss

Private rental sector is 'broken' claims Shelter boss

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The PRS is “broken” according to Shelter, which claims lone parents are bearing the brunt of the housing crisis.

Acorn apologises over two 'incorrect' claims about NRLA

Acorn apologises over two 'incorrect' claims about NRLA

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Lobbying group Acorn has issued a statement apologising for incorrectly accusing the National Residential Landlords Association (NRLA) of ‘campaigning against the abolishment of Section 21 evictions’.

BTL investment firm takes down adverts following investigation

BTL investment firm takes down adverts following investigation

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A BTL investment firm has had its wrist slapped by the Advertising Standards Authority (ASA) for potentially misleading landlords over its prices.

Derby latest city to clamp down on growth of HMOs

Derby latest city to clamp down on growth of HMOs

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Councillors in Derby hope to get tougher on HMO landlords by introducing an Article 4 direction in the city.

Landlord reveals highly unusual route into BTL investment

Landlord reveals highly unusual route into BTL investment

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A landlord in Somerset has revealed his highly unusual path to becoming a buy-to-let investor.

Are you? 144,000 landlords facing higher mortgage costs in 2024

Are you? 144,000 landlords facing higher mortgage costs in 2024

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More than 144,000 private landlords coming to the end of five-year fixed deals face re-mortgaging at starkly higher rates in 2024.

Landlord pins rising rents on new selective licencing fees

Landlord pins rising rents on new selective licencing fees

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Nottingham benefits landlord Mick Roberts has blamed the city’s licensing schemes for rising rents and homelessness.