An exodus of older landlords is paving the way for build-to-rent investors and younger landlords looking to capitalise on higher yield properties, according to a big estate agency boss.
At least 710 buy-to-let mortgaged properties were repossessed in the second quarter of the year, 13% up on the previous quarter and 51% up year-on-year.
Online lettings firm OpenRent and Rightmove have signed a new property listings deal after several weeks of corporate brinkmanship over fees.
The average time from claim to landlord repossession has jumped to 25.4 weeks, up from 22.1 weeks in the same period in 2023, according to the latest government figures.
Gloomy letting agents have reported a fall-off in private rentals coming onto the market around the country.
Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.
Chancellor of the Exchequer Rachel Reeves has refused to rule out increasing capital gains tax for landlords selling their rental properties during interview with a US business TV channel.
A business consultancy has warned that London’s high rents mean many companies in the capital are struggling to recruit staff as younger jobseekers look for employment elsewhere in order to access lower-cost homes.
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 has called for private rented homes to be brought into public or tenant ownership in its list of demands for the next government.
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.
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
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 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.
Any new government must continue to encourage private landlords if it is to effectively tackle the housing crisis, according to property lawyer David Smith.
Calls are growing for a thorough overhaul of the EPC regime amid claims that the information in many could be inaccurate and misleading.
Private tenants are still renting their homes for longer than they did a decade ago, according to analysis by Zero Deposit.
Hundreds of tenants have staged a protest in central London calling for the government to introduce rent controls.
One of the UK’s larger national parks is planning to stop any new homes that are built within it being used as holiday/short lets or second homes.
A crucial task for landlords and agents is to correctly serve statutory notices and other documents
Property experts are pondering what the government might name new tenancies created by the Renters’ Rights Bill.
A district council has come up with a set of exceptional circumstances to help decide when to give the go-ahead to new HMOs.
A landlord in Liverpool has secured £2.3 million to refinance eight student HMOs within the city and unusually has gone public about the deal.
A letting agent has criticised police who failed to act when vandals threw a brick through one of his tenant’s windows.
The never-ending onslaught of landlords, including the abolition of Section 21, tough EPC rules, and changes to stamp duty, have left landlords fed up and thinking of throwing in the towel.
A tenants’ champion has slammed energy companies for failing to help renters with energy bill problems at HMOs.
Northwood letting agency in Romford has gone bust, leaving angry landlords out of pocket.
Most landlords who voted Labour wouldn’t do it again, a new survey from buy-to-lender Landbay has found.
Surveyors are the latest group to report a cooling rental market in the UK, with a slowing in demand among tenants for the first time since 2020.
Reading Council has given the go-ahead for an additional licensing scheme in the town – and defended the rising costs set to hit landlords.
Generation Rent has urged renters to get more MPs backing amendments to the Renters’ Rights Bill.
Rental growth in the UK has dropped to 3.9%, its lowest level in more than three years and down from 9.1% a year ago.
Demand for accessible homes is growing as the tenant population ages, a leading estate agency has reported, calling on Labour to help landlords finance upgrades.
With substantial capital gains gathered within your properties, selling the whole portfolio will probably leave you exposed to a substantial capital gains tax bill
The Welsh Government has followed its counterparts in England and Scotland and raised the stamp duty that landlords buying rental properties must pay, effective from tomorrow.
Landlords may need to prepare for a turbulent and potentially very costly ride once the Renters’ Rights Bill becomes law, a financial expert has warned.
A landlord has been ordered to pay six tenants a whopping £44,358 after failing to provide an excuse for operating an unlicensed HMO.
Tenants heading for retirement age are the fastest growing group privately renting in England, according to new figures.
Tenant group Acorn has protested outside a landlord’s shop after he refused to return a former tenant’s deposit in a dispute over a leak.
Edinburgh Council has responded to accusations of double standards when housing homeless people in 30 unlicensed HMOs by moving tenants out of the properties.
Hyndburn Council wants to deter landlords from making the most of its cheap properties and ‘multiple deprivation’ by clamping down on HMO conversions.
As we approach the festive season of 2024, like many of us, I find myself drawn to Charles Dickens's timeless tale, A Christmas Carol.
