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Fewer luxury homes to rent in London feeds into higher rents

Fewer luxury homes to rent in London feeds into higher rents

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A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.

Rogue landlords come under attack from Labour MP Tom Hayes

Rogue landlords come under attack from Labour MP Tom Hayes

News

Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.

WASPI women need to be fairly compensated after constituent was evicted, says MP

WASPI women need to be fairly compensated after constituent was evicted, says MP

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Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.

‘Rentflation’ costs young people an extra £1,616, says Barclays

‘Rentflation’ costs young people an extra £1,616, says Barclays

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‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.

Tenants on benefits will be pushed into poverty, warns NRLA

Tenants on benefits will be pushed into poverty, warns NRLA

News

Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

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Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.

More companies are registered to hold buy-to-let property than for any other type of business

More companies are registered to hold buy-to-let property than for any other type of business

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More companies are registered to hold buy-to-let property than for any other type of business as investors seek to reduce their tax burden, new data reveals.

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

Landlords have "plenty of opportunities" despite interest rates expected to remain at 4.5%

News

Landlords still have 'plenty of opportunities’ despite interest rates expected to remain on hold this week, a specialist lender has suggested.

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

Number of tenants being asked for a guarantor could increase due to Renters’ Rights Bill, warns Generation Rent

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The Renters’ Rights Bill could lead to an increase in the number of tenants being asked to provide a guarantor and to further discrimination, charities and campaign groups have warned

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What's the outlook for UK commercial property, post pandemic & Brexit?

What's the outlook for UK commercial property, post pandemic & Brexit?

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The pandemic has had a devastating impact on commercial property, with lockdowns, social distancing, working from home (WFH), all accelerating the move to online and home deliveries. The likes of Tesco, Ocado and the other big supermarket deliveries were the saviour of the public during the

LATEST: Rent controls take another step towards reality in Wales

LATEST: Rent controls take another step towards reality in Wales

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Welsh politicians have reaffirmed their desire to consider rent controls in the PRS while announcing plans to crack down on the holiday let sector. Plaid Cymru leader Adam Price (main pic, right) suggested rent controls could be on the table when the long-awaited but now <a href

Michael Gove sacked after joining his housing ministers in calls for Boris to resign

Michael Gove sacked after joining his housing ministers in calls for Boris to resign

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Michael Gove, arguable the best housing secretary for some years, has been sacked from his job after joining a chorus of Tory cabinet ministers calling on the PM to resign. During a fast-moving day in politics which has seen over 40 MPs quit the government or withdraw their supp

Wales to licence 'commercial holiday lets' landlords to help solve renting crisis

Wales to licence 'commercial holiday lets' landlords to help solve renting crisis

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Welsh government leaders have revealed radical plans to licence holiday lets in a bid to get tough on the causes of long-term rental shortages. The region is to introduce a cap on the number of second and holiday homes while bringing in measures to put more homes into common own

Put your EICR date in the diary now to avoid a shocking bill

Put your EICR date in the diary now to avoid a shocking bill

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HMO landlords face paying thousands of pounds for https://www.landlordzone.co.uk/news/safety-peer-asks-why-private-landlords-must-do-electrical-checks-when-social-ones-are-exempt/" electrical equipment when new regulations kick in later this year. An amendment

LATEST: Manchester reveals more details of its selective licensing expansion

LATEST: Manchester reveals more details of its selective licensing expansion

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Manchester aims to double the size of its selective licensing scheme by adding another 1,884 properties in eight areas. The council has given it the go-ahead to the https://www.landlordzone.co.uk/news/manchester-mayor-vows-to-launch-1-5m-landlord-licensing-across-city/"

Clamp down on letting second homes planned

Clamp down on letting second homes planned

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Owners of second homes in many coastal and holiday locations could face a ban on renting using lettings websites like Airbnb. Tourist hotspots such as coastal towns in Cornwall and Devon are particularly affected. Communities being eroded In many of these towns, loca

BREAKING: Brighton reveals plans to limit Airbnbs as Gove prepares national restrictions

BREAKING: Brighton reveals plans to limit Airbnbs as Gove prepares national restrictions

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Brighton and Hove has its sights set on being the first city to slap a ban on second homes and holiday lets. The Green-controlled council is looking to clamp down on landlords profiting from the staycation boom amid fears that the rapid growth has impacted on the availability of

ADVICE: Are you ready for the Leasehold Reform Act going live on 30th June?

ADVICE: Are you ready for the Leasehold Reform Act going live on 30th June?

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In its latest plans, the Government is hoping to make the leasehold system fairer for leaseholders through a brand new Reform Act. There are several things for landlords to consider when the Leasehold Reform (Ground Rent) Act 2022 comes into force including where it

Landlord under investigation over ban breaches

Landlord under investigation over ban breaches

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A banned Bristol landlord is under investigation after at least nine of her properties appeared on Airbnb.

BREAKING: Landlords given suspended sentences over Covid loan fraud

BREAKING: Landlords given suspended sentences over Covid loan fraud

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Two landlords have been handed suspended jail sentences for abusing a Covid Bounce Back Loan then dissolving their company to avoid paying it back.

£4 million merger creates Airbnb competitor in luxe short-lets

£4 million merger creates Airbnb competitor in luxe short-lets

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Landlords looking to rent their properties out via short lets now have more choice after British platform UnderTheDoormat announced it has merged with European counterpart Veeve.

Landlord average mortgage rises from £802 to £1,370 a month

Landlord average mortgage rises from £802 to £1,370 a month

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Monthly interest costs have soared by 283% since 2021 for landlords using interest-only mortgages, while those making a full monthly repayment have seen the monthly cost of their mortgage climb by 71%.

Landlords caught up in CGT schemes need to mug up on the rules

Landlords caught up in CGT schemes need to mug up on the rules

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This article discusses the implications for landlords of capital gains tax (CGT), a tax avoidance scheme and it sets out a brief summary of property tax rules.

Get electrics inspected now to avoid problems in 2025, landlords warned

Get electrics inspected now to avoid problems in 2025, landlords warned

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Landlords have been urged to renew their Electrical Installation Condition Reports (EICRs) for their properties as early aspossible during 2024 or face a predicted shortage in qualified inspectors to do the work during 2025 and 2026.

Letting agency faces strike off after failing landlord clients

Letting agency faces strike off after failing landlord clients

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Scottish ministers could decide to strike letting agent Belvoir Perth from the country's letting register after it ignored a tribunal order to pay out compensation.

Landlord defends 'publicity stunt' chainsaw eviction video

Landlord defends 'publicity stunt' chainsaw eviction video

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Controversial property educator Samuel Leeds has insisted that his latest online video – breaking through a door with a chainsaw – wasn’t illegal and aimed to highlight private landlords’ predicament.

Lawyers call for more cash to fund tenant eviction fight-backs

Lawyers call for more cash to fund tenant eviction fight-backs

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The Law Society of England and Wales has called for more housing legal aid to help those tenants facing eviction or repossession.

AUCTIONEER: 'Tenanted flats hardest to sell as investor confidence wanes'

AUCTIONEER: 'Tenanted flats hardest to sell as investor confidence wanes'

Opinion
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It's that time of year when many people in the property profession give their opinion as to what to expect for the coming 12 months.

Midlands town issues first banning order - against criminal landlord

Midlands town issues first banning order - against criminal landlord

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Warwick Council has handed out its first banning order, to rogue landlord Grzegorz Surminski who sub-let a dangerous and unlicensed HMO.

Landlord fails in unusual attempt to overturn banning order

Landlord fails in unusual attempt to overturn banning order

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A landlord has failed in a bid to overturn his banning order on the grounds that his convictions were spent by the time it was imposed by a First Tier Property Tribunal.

City-wide landlord accreditation scheme launched with fees sweetener

City-wide landlord accreditation scheme launched with fees sweetener

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Nottingham council has launched a city-wide ‘good landlord’ accreditation scheme and offered those who join the scheme a 10% reduction on fees for its private sector licencing schemes.

High profile tenant given six months in jail for rental fraud

High profile tenant given six months in jail for rental fraud

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A director of the Scottish Women’s Premier League (SWPL) who defrauded her elderly landlord out of £30,000 has been jailed for six months.

UPDATE: NW council approves bigger selective licencing scheme

UPDATE: NW council approves bigger selective licencing scheme

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Two selective licencing schemes operated by Wirral Council in and around Birkenhead have been renewed with a further two schemes about to be launched following a consultation.

Southcoast city latest to charge landlords £500 for improvement notices

Southcoast city latest to charge landlords £500 for improvement notices

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Landlords in Brighton and Hove face a £500 charge if they are handed an improvement notice, as part of a council crackdown on failing properties.

How bad is the rental crisis? Latest figures reveal reality not the hype

How bad is the rental crisis? Latest figures reveal reality not the hype

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One of the key arguments used by housing campaigners to criticise the private rented sector and its landlords has been contradicted by the latest English Housing Survey.

Nightmare tenant sentenced after stealing landlord's furnishings

Nightmare tenant sentenced after stealing landlord's furnishings

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A tenant who stole almost £2,000 of furnishings from his elderly landlord has been handed a suspended jail sentence

MPs warn renting reforms could make PRS worse, not better

MPs warn renting reforms could make PRS worse, not better

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A cross-party group of MPs and peers has warned that the government needs to get its Renters Reform Bill right if it is to avoid exacerbating the housing crisis.

The US CoStar Group has completed a takeover of UK property portal OnTheMarket.com

The US CoStar Group has completed a takeover of UK property portal OnTheMarket.com

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US based CoStar, a force to be reckoned with in property, has completed a takeover of UK property portal, OnTheMarket.com

Lettings firm accused of breaking evictions ban

Lettings firm accused of breaking evictions ban

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Three students have threatened to take their landlord to tribunal for allegedly flouting eviction ban regulations which meant they were forced out of their flat while studying for exams.

Landlord given £485,000 fine over ‘sheds with beds’

Landlord given £485,000 fine over ‘sheds with beds’

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A rogue landlord who used a fake name to evade the law has been handed a whopping £485,000 in fines after he was found illegally renting out a large shed as five flats.

US bank predicts rebound in UK property prices

US bank predicts rebound in UK property prices

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US bank predicts turnaround in UK property market - inflation down to 3 per cent in two years

London's most expensive selective licencing scheme revealed

London's most expensive selective licencing scheme revealed

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Landlords in one of London’s biggest boroughs face a new selective schemes following a consultation launched by Lambeth council.

Recent research by Savills points to more landlords being priced out of BTL

Recent research by Savills points to more landlords being priced out of BTL

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More landlords to be priced out of BTL as rent increases slow from their peak