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Higher mortgage rates driving more landlords to request rent guarantors

Higher mortgage rates driving more landlords to request rent guarantors

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Landlords hit by mortgage rate hikes are demanding guarantors from increasing numbers of high earning tenants. Many tenants are seeing a greater proportion of their take-home pay go towards rent so are having to provide the additional security of a guarantor when signing new agr

Influential Labour group says tougher eviction rules needed to tackle poverty

Influential Labour group says tougher eviction rules needed to tackle poverty

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Landlords should be prevented from serving an eviction notice for at least the first year of a tenancy, in the case of repossession for selling or occupying the property, according to a new report from the Fabian Society. The independent left-leaning

Rents soar as agents report rising tenant demand but landlord slump

Rents soar as agents report rising tenant demand but landlord slump

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The Governments housing policies are coming home to roost as tenant demand continues to soar but the number of landlords advertising new properties to rent plummets, it has been revealed. RICS says that during June it found significantly more members (a net balance increase o

NEW: Big London borough brings in tighter HMO conversion rules for landlords

NEW: Big London borough brings in tighter HMO conversion rules for landlords

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Landlords in one of London's biggest boroughs now need planning permission to convert family homes into HMOs for three to six tenants. After a year-long pilot and consultation with residents, the London Borough of Hounslow (main picture) has made its borough-wide A

LATEST: Mortgage problems drive surge in portfolio landlords selling up

LATEST: Mortgage problems drive surge in portfolio landlords selling up

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Landlords with portfolios of 20 properties or more are making up the bulk of enquiries about selling to the Landlord Sales Agency. Despite reports that smaller landlords with one or two properties will be hardest hit by current market conditions, the firm has one landlord client

Housing chief tries to reassure landlords over looming eviction changes

Housing chief tries to reassure landlords over looming eviction changes

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Government officials have reassured private landlords that judges will be able to consider a wider range of behaviours before using their judicial discretion in ASB eviction cases. Giving evidence to the Levelling Up Housing and Communities Committee into

Almost a quarter of a million buy-to-let landlords are facing losses

Almost a quarter of a million buy-to-let landlords are facing losses

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According to the Daily Telegraph, around 225,000 landlords will be in a loss making situation following the latest jump in refinancing costs. It is estimated that these landlords will be in the red when they come to refinance as mortgage rates are climbing towards

Renting reform bill progress unlikely until much later this year, admits minister

Renting reform bill progress unlikely until much later this year, admits minister

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The Governments Renters Reform Bill is unlikely to make progress through parliament until much later this year, housing minister Rachel Maclean has admitted. Maclean was unable to confirm when the bill would get a second reading during a Q&A with MPs from the Levelling Up

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

Labour WARNED over claim that 'most renters live in homes owned via mortgages'

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A team of independent fact checkers and campaigners has debunked Labours claims that most renters live in homes bought with a buy-to-let mortgage. Deputy leader Angela Rayner made the assertion last week, but charity Full Fact says the claim is technically incorrect, as it ho

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Social landlords blasted by Housing Ombudsman report - for maladministration

Social landlords blasted by Housing Ombudsman report - for maladministration

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Councils are failing in more ways than one. When it comes to complaints from their tenants, repairs and maintaining safety standards, councils are not performing

Landlord loses long-running 'battle of the staircase' with council

Landlord loses long-running 'battle of the staircase' with council

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An HMO landlord has lost his appeal against an improvement notice ordering him to update a 'paddle staircase'.

Holiday lets slump in Scotland as regulation bites

Holiday lets slump in Scotland as regulation bites

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The number of short lets in Scotland fell last year as the sector felt the impact of its licensing scheme clampdown.

More tenants using guarantors as competition for homes heats up

More tenants using guarantors as competition for homes heats up

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One in five private renters had to provide a guarantor when moving into their current property - equating to 940,000 households - according to the latest English Housing Survey.

Collapse of firms behind student accommodation scheme blamed on 'over-supply'

Collapse of firms behind student accommodation scheme blamed on 'over-supply'

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Millions owed to a lender by businesses which collapsed due to the oversupply of student accommodation in Newcastle are unlikely to be recovered.

PLANNING: Will this soon be Britain's biggest-ever HMO?

PLANNING: Will this soon be Britain's biggest-ever HMO?

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A private landlord in Kent has submitted plans for what will be the UK’s largest HMO if the scheme gets the go-ahead.

RESEARCH: Smaller properties offering best yields to landlords

RESEARCH: Smaller properties offering best yields to landlords

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Flats and smaller houses make the best buy-to-let investment for landlords, having seen the strongest annual increase in average yield compared with other property types during the past 12 months.

'Pension funds and investment firms will be tomorrow's landlords'

'Pension funds and investment firms will be tomorrow's landlords'

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Traditional private landlords are rapidly being replaced by pension funds and private equity firms seeking to capitalise on the lucrative build-to-rent sector.

Scandal hit social housing REIT winding down

Scandal hit social housing REIT winding down

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Home REIT, the investment trust marketed as the dream scheme to house 10,000 homeless and needy tenants, and a sure-fire investment alternative in property, is folding with extensive debts and legal claims

Agency boss says mortgage interest tax relief for landlords 'must be reinstated'

Agency boss says mortgage interest tax relief for landlords 'must be reinstated'

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Leaders Romans Group (LRG) has called for a landlords’ reform bill to protect landlords and safeguard the housing sector.

Huge HMO prevention scheme launched by big Midlands city

Huge HMO prevention scheme launched by big Midlands city

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Coventry has gone ahead with a huge new scheme to prevent properties being converted into HMOs without full planning permission.

Does a missing landlord address invalidate a Section 8 notice?

Does a missing landlord address invalidate a Section 8 notice?

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This was a question answered during a recent appeal case covered here by Tom Entwistle In the Prempeh v Lakhany (Oct 2020) appeal the tenant claimed that a Section 8 notice was invalid because it did not contain the la

Shamplina among 20 winners at landlord awards

Shamplina among 20 winners at landlord awards

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Paul Shamplina has won Seminar Speaker of the Year at the National LIS Awards 2023, the third time in a row the Landlord Action founder has received the honour.

Letting agent caught blatantly refusing to return tenant's deposit

Letting agent caught blatantly refusing to return tenant's deposit

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A letting agent has been found to have blatantly broken the law by refusing to hand back a holding deposit.

Landlords warned they must ensure property ads are accurate

Landlords warned they must ensure property ads are accurate

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Landlords have been warned that they will have to work much harder with their letting agent to ensure property adverts for their homes to rent include all the ‘material information’.

Up to 50% of southern England landlords looking to sell up

Up to 50% of southern England landlords looking to sell up

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One in five landlords hit by rising costs are considering selling up, with a stark divide between those with properties in the north and south of the country.

Minister claims rent controls 'are working' for tenants and landlords

Minister claims rent controls 'are working' for tenants and landlords

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Scotland’s housing minister has defended the country’s policy of rent and eviction controls despite new figures showing rents continuing to rise.

Landlord couple to face jail following HMO tenant's fire death

Landlord couple to face jail following HMO tenant's fire death

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A landlord couple could face jail after admitting a string of offences which led to the death of one of their tenants in a fire.

Social housing ombudsman to deal with private landlords too, says Minister

Social housing ombudsman to deal with private landlords too, says Minister

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Disputes between landlords and their tenants will soon be handled by the social housing ombudsman, it has been confirmed by Government minister Jacob Young.

Tenant abandonment - what is it?

Tenant abandonment - what is it?

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What is Abandonment? Abandonment is when a tenant leaves the property (usually without notifying the landlord or agent) before the tenancy has ended.

Double council tax aims to get owners letting properties

Double council tax aims to get owners letting properties

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Argyll and Bute councillors have approved a plan to charge a double council tax on second homes.

London council bids to continue clampdown on small HMOs

London council bids to continue clampdown on small HMOs

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Haringey Council has urged landlords to share their views on plans for a new additional licensing scheme in the borough.

Rising UK rents forecast to break records

Rising UK rents forecast to break records

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A continued imbalance between supply and demand is set to grow rents by 6% next year, before hitting an affordability ceiling that will limit growth until 2028.

Unlawful extension lands landlord with hefty fine

Unlawful extension lands landlord with hefty fine

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A landlord who illegally rented out a property for years without planning permission has been ordered to pay £93,000.

Landlords warm to tougher energy rules - but need more help

Landlords warm to tougher energy rules - but need more help

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Most private landlords think they should be subject to stricter energy efficiency regulations, according to new research.

Landlords urged to beware the pitfalls of non-dom licensing

Landlords urged to beware the pitfalls of non-dom licensing

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A licensing expert has warned landlords living overseas about the dangers of asking UK-based friends or firms to apply for their selective licence.

Leasehold reforms herald huge shake-up for homeowners

Leasehold reforms herald huge shake-up for homeowners

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The Leasehold and Freehold Reform Bill has taken a step towards becoming legislation after it was introduced to Parliament.

Labour to stop landlords evicting if deposit has not been protected

Labour to stop landlords evicting if deposit has not been protected

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Labour MPs have tabled 26 amendments to the Renters Reform Bill that demand much tougher financial penalties for errant landlords and stricter rules around deposits.

New national lobbying group for landlords revealed

New national lobbying group for landlords revealed

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PRS organisations, forums and landlord groups have joined forces to launch the Housing Coalition, which aims to give the sector a voice and improve private rental housing standards.

Could it happen here? Ireland to give PRS tenants 'right to buy'

Could it happen here? Ireland to give PRS tenants 'right to buy'

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Tenants in Ireland could get first refusal on a property when a landlord puts it up for sale if new legislation gets the go-ahead.

Investors rush to snap up buy-to-let portfolios for cash before the year ends

Investors rush to snap up buy-to-let portfolios for cash before the year ends

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With just one month to go until the year ends, investors are continuing to snap up properties at an accelerated rate. With next year bringing uncertainty, and a potential change in government, the trend for new investors who have entered the market to step in and take whole portfolios...

OFFICIAL: Smaller landlords will NOT need to use digital tax system

OFFICIAL: Smaller landlords will NOT need to use digital tax system

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Landlords earning less than £30,000 will not have to use HMRC’s Making Tax Digital (MTD) software, the government has confirmed.

Britain's biggest landlord warns Government over tenancy law change

Britain's biggest landlord warns Government over tenancy law change

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Two-month notice periods for tenants under periodic tenancies will negatively impact the build-to-rent sector and encourage sub-letting homes as party flats, the boss of big BTR firm Grainger has told MPs.

'Rescue service' launches to help struggling landlords

'Rescue service' launches to help struggling landlords

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A rent to buy scheme for first-time buyers who can’t afford a deposit is extending its offer to struggling landlords.