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Damp and mould investigation reveals 1000s of homes affected

Damp and mould investigation reveals 1000s of homes affected

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A Government investigation into damp and mould in the social housing sector has disclosed initial findings which show a significant number of homes in the social sector are affected by this problem. On Thursday (2 February) the Regulator of Social Housing (RSH) published a <a hr

Up for a fight? Fundraiser seeks property people to step into the ring

Up for a fight? Fundraiser seeks property people to step into the ring

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The property industrys Rumble with the Agents charity event is to host its eighth evening of boxing and fund-raising in North London on Thursday 22nd June, it has been announced. <figure id="" class="w-richtext-figure-type- " data-rt-type="" dat

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

MORTGAGE SHOCK: Bank of England hikes base rate by 0.5% to 4%

News

The Bank of England has raised interest rates for the 10th consecutive time as it battles inflation - a move likely to hit thousands of investors with variable rate mortgages and those forced to renew fixed-rate deals. The base rate has gone up by half a percent to 4%, the highe

Councils' frosty reception for HMOs sees number decline in key regions

Councils' frosty reception for HMOs sees number decline in key regions

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Englands HMO market has shrunk by more than 21,000 properties in the last two years as local councils ramp up planning rules and licensing schemes. Numbers were down by -2.4% to 489,701 last year, having already seen a -1.7% drop in 2021, according to figures from Octane Capi

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

EXCLUSIVE: Online boss talks candidly about landlords' reluctance to 'go digital'

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The boss of online lettings platform lettingaproperty.com is determined to overcome landlords inertia to switch from using high street agents. Jonathan Daines admits its a challenge as 95% of landlords still use agents, with the ingrained belief that the online process wil

MARKET: Average house price down 3.2% since August 2022

MARKET: Average house price down 3.2% since August 2022

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House prices have fallen for the fifth month in a row, with the average property now worth �258,297, almost �4,000 less than in December, reports Nationwide. January saw a -0.6% monthly dip which left prices 3.2% lower than their August peak, while annual house price growth al

Making Tax Digital for Income Tax on hold, again!

Making Tax Digital for Income Tax on hold, again!

News

If you were due to submit a self-assessment tax return and pay your dues by yesterdays deadline and you missed it you should do so now without delay, otherwise you will face a penalty. Anyone with rental income must submit a self-assessment income tax return, completing the property inco

Looming Vic & Bob movie to portray landlords as 'obnoxious'

Looming Vic & Bob movie to portray landlords as 'obnoxious'

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Landlords are to get their latest outing on the silver screen within the first movie by comedians Vic Reeves and Bob Mortimer, it has been reported. But predictably its not the image many would prefer to see the comedy pair promote. After nearly two decades of dev

Landlord to pay tenants �10,000 after losing RRO legal appeal

Landlord to pay tenants �10,000 after losing RRO legal appeal

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A London landlord has been hit with a �9,880 rent repayment order after failing to convince a tribunal that his tenants application was not legal. The landlord admitted that he had held a selective licence which limited occupation to five people from one household but hadn

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Saying social housing is good and private housing bad 'false and unrealistic'

Saying social housing is good and private housing bad 'false and unrealistic'

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A leading Scots letting agent has warned that policies which seek to undermine the PRS are damaging tenants’ wellbeing.

Landlords await welcome reprieve from boiler ban

Landlords await welcome reprieve from boiler ban

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Landlords could get longer to replace gas boilers if the government makes an expected announcement to allow their sale beyond 2035.

Where landlords can find bargains with a £50K budget

Where landlords can find bargains with a £50K budget

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Wales and the North East are the best areas for hard-hit buy-to-let investors looking for above-inflation returns.

Agents report slightly improved picture for tenants

Agents report slightly improved picture for tenants

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The average number of available rental properties at letting agencies jumped to a two-year high last November.

It's time to get ahead of game

It's time to get ahead of game

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With the new year now upon us there’s no better time for landlords to start preparing for the wide-ranging legislation change on the cards for 2025.

TikTok video about looming landlord pets rules goes viral

TikTok video about looming landlord pets rules goes viral

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A TikTok video on upcoming rules around tenants’ ability to keep pets has garnered more than two million views.

Letting agent slams Shelter over 'headline grabbing' eviction claims

Letting agent slams Shelter over 'headline grabbing' eviction claims

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A letting agent has slammed Shelter’s campaign to highlight Section 21 eviction cases as “absurd sensationalism”.

Labour MP declares war on 'too many' HMOs

Labour MP declares war on 'too many' HMOs

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A campaigning MP has helped her constituents get every new HMO application thrown out in the last three years.

Thinktank reveal unusual solution to renting 'crisis'

Thinktank reveal unusual solution to renting 'crisis'

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The landlord exodus is a once-in-a-generation opportunity for councils to buy up properties and restore what was lost under Right to Buy, according to a campaigning think-tank.

Landlords angry over council's property licencing U-turn

Landlords angry over council's property licencing U-turn

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A big NE of England council is considering supplementing its landlord-led scheme with selective licensing in large parts of the town.

Landlord home buying slumps to lowest level for 13 years

Landlord home buying slumps to lowest level for 13 years

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Landlords are selling more homes than they’re buying, according to Hamptons’ monthly letting index, although the sell-off is slowing down.

Debate rages: Will banning Section 21 evictions reduce supply?

Debate rages: Will banning Section 21 evictions reduce supply?

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Fears that banning section 21 will harm the PRS in England are entirely misplaced, based on contradictory evidence in Scotland, according to The Social Market Foundation (SMF).

Tax liability – how to minimise it as a landlord

Tax liability – how to minimise it as a landlord

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As a landlord, you want to ensure your property business is as profitable as possible – and that means minimising your tax liability, so you don’t pay HMRC any more than you need to. Here are some options that can help you do that.

Tenants using the home to run a business - how safe are you?

Tenants using the home to run a business - how safe are you?

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The Landlord and Tenant Act 1954 Part II provides security of tenure to tenants of premises occupied for business purposes, or mixed residential and business purposes. Under the provisions of the 54 Act, it is possible for a lease or tenancy of a property, used for both resid

A new wave of investors rush in to buy properties off landlords looking to sell

A new wave of investors rush in to buy properties off landlords looking to sell

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After a slew of bad news, this week’s headlines come as a welcome relief for landlords looking to sell. The Telegraph reported that despite higher rates and regulatory risks around rentals, a wave of new investors had entered the market, stepping in to take portfolios off landlords’ hands.

Airbnb service for landlords raises £1.75m but still isn't profitable

Airbnb service for landlords raises £1.75m but still isn't profitable

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A business that rents out properties via Airbnb on behalf of landlords has raised another £1.75 million from investors, taking its total raised since 2016 to £12 million.

Record year for build-to-rent construction, says Savills

Record year for build-to-rent construction, says Savills

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The Build-To-Rent (BTR) sector now accounts for 10% of all UK real estate investment after a record-breaking year.

Gove reveals plans to slash ground rents for ALL leasehold properties

Gove reveals plans to slash ground rents for ALL leasehold properties

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The government has launched plans to slash ground rents on existing leaseholds as part of a consultation into widescale reform.

Evictions taking over six months on average, says MoJ

Evictions taking over six months on average, says MoJ

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County courts are taking over half a year on average to process legitimate evictions by landlords and agents, it has been revealed.

Student landlord slams council over 'unfair' £45,000 licencing fee

Student landlord slams council over 'unfair' £45,000 licencing fee

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A property management company has slammed its local council for charging a student accommodation block nearly £45,000 under the selective licensing scheme.

LibDems promise to give landlords tax breaks for green upgrades

LibDems promise to give landlords tax breaks for green upgrades

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Landlords should be allowed to offset spending on insulation and energy-saving improvements against tax, according to the Liberal Democrats.

Landlord mortgage arrears jump by 29%, official figures show

Landlord mortgage arrears jump by 29%, official figures show

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The tough economic conditions bearing down on landlords are starting to push up mortgage arrears, latest data from lenders’ trade body UK Finance has revealed.

Mystery shopper research 'proves landlords racially profile applicants' - claim

Mystery shopper research 'proves landlords racially profile applicants' - claim

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New research by Generation Rent reveals that white people are 36% more likely to receive a positive response when applying to rent on SpareRoom than black people.

Agents report fewer landlord instructions as 'unintended consequences' kick in

Agents report fewer landlord instructions as 'unintended consequences' kick in

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Signs that the Government’s assault on landlords coupled with higher mortgage costs are chasing more out of the market than usual have come from the Royal Institute of Chartered Surveyors (RICS) this morning.

Tory MP says court delays MUST be fixed before Section 21 is abolished

Tory MP says court delays MUST be fixed before Section 21 is abolished

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Tory MP and former cabinet minister Theresa Villiers (main picture) has warned her own Government that the ongoing delays within the court system risk persuading more landlords to leave the sector and worsen the already acute rented home supply problem.

New way to control HMOs revealed in Coventry - but will rest of UK follow suit?

New way to control HMOs revealed in Coventry - but will rest of UK follow suit?

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Coventry Council is hailing its crackdown on unlicensed HMOs a success after it fined landlords more than £100,000 in just two of the city’s streets.

Notorious landlord to pay staggering £480,000 fine over damp HMO

Notorious landlord to pay staggering £480,000 fine over damp HMO

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A notorious rogue landlord and his property management company have been handed a staggering £480,000 fine for renting out an HMO so damp that mushrooms were growing on the upper floors.

Property market 'past peak pain' but values still down 7% in 12 months

Property market 'past peak pain' but values still down 7% in 12 months

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The UK’s housing market is past ‘peak pain’ after a rollercoaster 12 months and is forecast to grow by 17.9% – equivalent to a £45,521 gain on the average home – within five years.

Airbnb 'irresponsible' for encouraging tenants to sublet rented homes

Airbnb 'irresponsible' for encouraging tenants to sublet rented homes

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A legal expert has warned that landlords face prosecution for running illegal HMOs if tenants follow Airbnb’s suggestion that they sub-let their homes.

Landlords WILL get eviction certainy from reform Bill, King tells MPs

Landlords WILL get eviction certainy from reform Bill, King tells MPs

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King Charles has heralded the government’s commitment to the Renters Reform Bill in his first King’s speech as monarch.

'Short-lets offer returns of up to five times traditional rents'

'Short-lets offer returns of up to five times traditional rents'

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Homes bought by landlords to rent out via short-let contracts create gross returns of between 12% and 20%, an estate agency has claimed.

The Section 21 Ban, will it progress?

The Section 21 Ban, will it progress?

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Will the Renters (Reform) Bill progress and ban Section 21, despite mounting opposition from Conservative back-benchers?

Landlord fined thousands AGAIN for same offence in same building

Landlord fined thousands AGAIN for same offence in same building

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A rogue landlord firm has been handed a £18,300 fine for letting out an unsafe, unlicensed property - only three months after being fined for the same offence in the same building.

Concern mounts over Government's 'weak' leasehold reforms

Concern mounts over Government's 'weak' leasehold reforms

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New leasehold reform legislation faces tough scrutiny from MPs and leasehold groups who are frustrated by an expectation that it will only cover houses, not flats.