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Labour will allow 'bidding wars' but only if tenants start them

Labour will allow 'bidding wars' but only if tenants start them

News

The Labour party has clarified that although it will seek to stop agents and landlords encouraging bidding wars, tenants will be allowed to make ‘voluntary’ higher offers above the original rental asking price.

NRLA backs Labour's plan to stop bidding wars for rental homes

NRLA backs Labour's plan to stop bidding wars for rental homes

News

The NRLA has backed Labour’s proposal to stop landlords and letting agents enabling ‘bidding wars’ by requiring them to advertise a proposed rent based on market rates, with bids above that figure prohibited.

Landlord to repay tenants £21,500 after Tribunal probe

Landlord to repay tenants £21,500 after Tribunal probe

News

Four tenants will share a £21,515 rent repayment order after they took their landlord to court for repeatedly failing to licence his HMO.

JUDGE: Landlords cannot charge tenants who leave early for 'losses'

JUDGE: Landlords cannot charge tenants who leave early for 'losses'

News

A landlord has been ordered to pay two former tenants £2,252 after a judge ruled that his letting agent agreement contravened the Tenant Fees Act.

Tenants want rent controls and more rights, new poll reveals

Tenants want rent controls and more rights, new poll reveals

News

Private renters want the next government to control the pace of rent rises, build more homes and increase their rights and protections.

Section 21 evictions ban will not be 'immediate' Rayner interview reveals

Section 21 evictions ban will not be 'immediate' Rayner interview reveals

News

Labour’s deputy leader Angela Rayner has admitted her promise to ban Section 21 ‘no fault’ evictions immediately after a General Election win isn’t quite what it seems.

BLOG: What do the new 'material information' rules mean for landlords?

BLOG: What do the new 'material information' rules mean for landlords?

News

Letting agents and landlords must now provide much more information before a property can be advertised 'to rent' on portals, new National Trading Standards stipulate - but what does that mean in practice for the UK's 2.4 million landlords?

TOM's Ultimate Guide for landlords, whose tenants can't pay the rent

TOM's Ultimate Guide for landlords, whose tenants can't pay the rent

Information

More than half of landlords have reported having lost some rental income due to their tenants struggling to afford the rent

'Rent rises must be allowed in Scotland or supply will dwindle more'

'Rent rises must be allowed in Scotland or supply will dwindle more'

News

A leading Scots letting agent has warned that unless the Scottish government amends its rent control plans to allow for future increases, the level of investment in the country’s PRS will continue to slide.

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Pensioner landlords demanded to take over tenant's room

Pensioner landlords demanded to take over tenant's room

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News
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A landlord couple who moved into their tenant’s spare bedroom while she was still living there have been fined.

MPs send amended Renters' Rights Bill to the Lords

MPs send amended Renters' Rights Bill to the Lords

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News
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The Bill has moved another step closer to becoming law, with MPs agreeing amendments that include preventing landlords from taking more than one month’s rent.

January's tax deadline approaches, thoughts turn to this annual task

January's tax deadline approaches, thoughts turn to this annual task

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News
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Keeping on top of your accounts month by month makes the annual self-assessment tax return task easier and makes sure you are in control of your business

The top six misconceptions about limited company buy to let mortgages

The top six misconceptions about limited company buy to let mortgages

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Limited Company buy to let mortgages are increasingly popular, however there are still many myths that need debunking.

Landlords hit with former owners' massive council tax bills

Landlords hit with former owners' massive council tax bills

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News
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Landlords in Kent are inheriting huge council tax bills racked up by the previous owners when buying empty properties.

Portfolio landlords boost share of incorporated properties

Portfolio landlords boost share of incorporated properties

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News
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The proportion of incorporated property held in portfolios of landlords who use limited companies has more than doubled since Q1 2020.

Renters' Rights Bill could exclude scores of private tenants

Renters' Rights Bill could exclude scores of private tenants

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News
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A leading property lawyer warns that removing risk mitigation strategies will make many tenants on lower incomes “unlettable”.

Landlord slapped with £20,000 repayment order for unlicensed HMO

Landlord slapped with £20,000 repayment order for unlicensed HMO

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News
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A landlord must repay tenants £20,000 in rent after he failed to convince a tribunal he wasn’t aware of a licensing scheme.

London borough forces all landlords to license properties

London borough forces all landlords to license properties

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News
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All private landlords in Barking and Dagenham must get a licence from April following the introduction of its selective scheme.

'Labour's reforms will cost landlords and tenants'

'Labour's reforms will cost landlords and tenants'

Opinion
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The Renters’ Rights Bill will add extra costs for tenants as well as landlords, and it will cause landlords to leave the private rented sector

Property groups call for more homes, not rent controls

Property groups call for more homes, not rent controls

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News
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Property groups have called on the Scottish government to focus on building homes rather than rent controls in a bid to address the country’s housing crisis.

Labour to spend £20m helping tenants fight evictions

Labour to spend £20m helping tenants fight evictions

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News
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Civil legal aid fees for eviction cases and immigration are to receive a £20 million boost, marking the first increase since 1996.

Looming open-ended tenancies to have 'unintended consequences for tenants'

Looming open-ended tenancies to have 'unintended consequences for tenants'

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News
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The Government should further consider its plans to mandate open-ended tenancies as a legal requirement, as set out in the Renters’ Rights Bill going through parliament.

New tech enables landlords to make money from solar

New tech enables landlords to make money from solar

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News
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A new tech launch allows landlords to generate and sell electricity from rooftop solar panels either to their tenants or back to the grid without going through the main meter.

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

Landlords: Get Your Properties Sold Fast and Cash in the Bank before the New Year!

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Thousands of landlords are feeling the pinch as rising costs, talk of rent caps, and upcoming EPC regulations add pressure to an already challenging rental market.

Allowing tenants to rent out homes via Airbnb 'a huge risk'

Allowing tenants to rent out homes via Airbnb 'a huge risk'

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News
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A leading letting agent has warned that a new Airbnb initiative allowing tenants to rent out their homes could put landlords at risk.

How to future-proof your rental business

How to future-proof your rental business

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Buy-to-let is a long-term investment, often requiring 15+ years to maximise returns. To ensure success over time, landlords should take these key steps to protect their rental business.

Right to Rent: Minister to fix 'broken' e-Visa system ahead of deadline

Right to Rent: Minister to fix 'broken' e-Visa system ahead of deadline

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News
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The Government has promised to fix significant glitches that have been reported within its e-VISAs system, which is used by landlords and letting agents to verify the Right to Rent status of prospective tenants.

'More lodgers are best solution to UK's housing crisis'

'More lodgers are best solution to UK's housing crisis'

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News
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Lodgers’ rental costs could revert to 2017 levels if just 1% of the UK’s 26 million spare rooms were rented, according to flat sharing site SpareRoom.

Government gives Northern city green light to begin selective licencing

Government gives Northern city green light to begin selective licencing

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News
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Blackpool council has received the go-ahead to start selective licencing in eight inner wards despite worries among some landlords about the consultation process that preceded the decision.

Pets charities call for stronger rights for tenants with dogs and cats

Pets charities call for stronger rights for tenants with dogs and cats

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News
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Scotland’s animal welfare organisations have called on MSPs to support stronger protections for pet owners in the private and social rental sectors ahead of a crucial debate in Holyrood.

Property Redress celebrates 10 years of growth and new look

Property Redress celebrates 10 years of growth and new look

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News
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Property Redress, one of the UK’s leading independent redress providers for the property industry, is celebrating a decade of significant growth, with more than 20,000 member offices.

‘60-minute Makeover’ - checklist to winterproof properties

‘60-minute Makeover’ - checklist to winterproof properties

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Small, proactive steps can make a big difference, keeping tenants comfortable and protecting buildings from problematic mould and damp.

Bank data shows landlords were purchasing more commercial properties

Bank data shows landlords were purchasing more commercial properties

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News
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There are optimistic signs, says Shawbrook Bank. Their data on the commercial property market shows a rebound

Accidental landlords 'a dying breed' warns mortgage expert

Accidental landlords 'a dying breed' warns mortgage expert

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News
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Accidental landlords are a dying breed, according to one mortgage expert, who blames government policy for their eventual demise.

Labour to outlaw 'rent in advance' requests by landlords

Labour to outlaw 'rent in advance' requests by landlords

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News
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The Government is to make it unlawful for landlords and agents to ask prospective tenants for large sums of rent in advance, housing minister Matthew Pennycook has confirmed.

Lawyer questions Labour's 'fanciful' cost estimates for reforms

Lawyer questions Labour's 'fanciful' cost estimates for reforms

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News
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A leading property lawyer has poured scorn on government estimates that the Renters’ Rights Bill will cost landlords £12 per rented property each year.

Holiday let landlords to collect new tourism levy AND register properties

Holiday let landlords to collect new tourism levy AND register properties

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News
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Landlords with holiday let properties in Wales will soon have to register their properties and collect a £1.25 per person, per night fee from clients.

Big Midlands council green lights more HMO licencing

Big Midlands council green lights more HMO licencing

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News
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West Northamptonshire Council has given the go-ahead for an extended additional licensing scheme in Northampton.

Big London council moves to stamp out bidding wars

Big London council moves to stamp out bidding wars

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News
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A big council in London has called on letting agents to stop pitting tenants against one other in “exploitative” bidding wars within the borough.

Landlords ARE 'working people' says housing minister

Landlords ARE 'working people' says housing minister

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News
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Keir Starmer got into hot water recently after saying landlords did not ‘work’ for their income, but Scotland’s housing minister has taken a very different approach.

Airbnb encourages tenants to sublet their homes

Airbnb encourages tenants to sublet their homes

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News
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Airbnb has teamed up with global landlord Greystar to allow tenants in three London apartment blocks to rent out their homes.

Full details of landlord fines and prosecutions (or lack of them) revealed

Full details of landlord fines and prosecutions (or lack of them) revealed

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News
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More than 100 local councils in England and Wales have not prosecuted any rogue landlords in the last five years despite getting thousands of complaints.

Farmers and farm tenants “up in arms” over budget measures

Farmers and farm tenants “up in arms” over budget measures

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News
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Ever since the government announced its new inheritance tax rules, there has been intense debate about how many people will be affected