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Thinking of selling up? Don’t do it says Phil Spencer

Thinking of selling up? Don’t do it says Phil Spencer

News

Property surveyor, landlord and property show host Phil Spencer says landlords should “hold firm and remember their reasons for investing.”

TENANCIES: Housing minister bats off calls for two-year fixed periods

TENANCIES: Housing minister bats off calls for two-year fixed periods

News

Housing Minister Rachel Maclean has rejected another call for new tenants to be given two years before landlords can pursue a possession order.

Landlord fined £47,000 over dodgy Electrical Condition Report

Landlord fined £47,000 over dodgy Electrical Condition Report

News

A landlord has been ordered to fork out more than £47,000 for failing to licence his eight rental properties, after ignoring numerous written and verbal warnings.

Landlord leader backs selective scheme 'crackdown' by council

Landlord leader backs selective scheme 'crackdown' by council

News

A landlord leader has backed Southend-on-Sea Council’s crackdown on failing private rented homes.

Number of landlords fined for Right to Rent breaches triples

Number of landlords fined for Right to Rent breaches triples

News

The number of Right to Rent penalties handed to landlords have tripled so far this year under a crackdown on illegal renting and working.

Phil Spencer warns landlords over tenant 'bidding wars'

Phil Spencer warns landlords over tenant 'bidding wars'

News

Property expert Phil Spencer has urged landlords to be reasonable when signing up tenants who get into a bidding war – but recognises that competition is down to market forces.

Reform bill 'won't help landlords facing rent debt' admits minister

Reform bill 'won't help landlords facing rent debt' admits minister

News

Housing Secretary Michael Gove has admitted that the Renters Reform Bill won’t help landlords claw back money from absconding tenants.

Renting reforms are a 'half baked cake' says sector leader

Renting reforms are a 'half baked cake' says sector leader

Opinion

The government has created a “half-baked cake” in the Renters Reform Bill, leaving the PRS desperate for clarity, says one industry boss.

Tax moves afoot to help give landlords financial relief says Gove

Tax moves afoot to help give landlords financial relief says Gove

News

The Government is looking at how to give landlords more tax breaks in order to reassure those who are looking nervously at the looming radical renting reforms for the sector, changes which are due to sweep in next year.

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NRLA to drop 'landlord' in bid to change public perceptions of sector

NRLA to drop 'landlord' in bid to change public perceptions of sector

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News
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The NRLA is to drop the word ‘landlord’ from its strapline in a bid to change public attitudes of those who rent out and manage properties.

GUIDE: Guarantors in rental agreements - what are they and what to look out for?

GUIDE: Guarantors in rental agreements - what are they and what to look out for?

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Now more than ever, it makes sense to take extra precautions when letting a property. Taking a guarantor or rent guarantee insurance are great ways to protect yourself against rent arrears and other issues in a tenancy

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

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

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News
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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

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News
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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

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News
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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'

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News
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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

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News
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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

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News
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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?

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News
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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?

Council to begin fining rogue landlords £30,000

Council to begin fining rogue landlords £30,000

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News
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Harlow Council in Essex aims to take a harder line with private landlords by introducing civil penalties as an alternative to prosecution.

'I blame rental market stock crisis on mortgage interest relief withdrawal'

'I blame rental market stock crisis on mortgage interest relief withdrawal'

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News
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Landlord leader Ben Beadle has pinned the shortage of private rental sector homes squarely on the Government, saying George Osborne’s decision in 2015 to cut mortgage interest tax relief for landlords has been the key driver of the current stock crisis.

Tenants on benefits given more backing to fight evictions

Tenants on benefits given more backing to fight evictions

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News
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Tenants on benefits will get more help when paying court fees during evictions and claiming Rent Repayment Orders after the government expanded its Help with Fees scheme.

Northern town to clamp down on landlords converting homes to HMOs

Northern town to clamp down on landlords converting homes to HMOs

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News
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Burnley Council has launched plans to clamp down on landlords converting homes into small HMOs.

BLOG: Are the Tories still game for renting reform?

BLOG: Are the Tories still game for renting reform?

Opinion
News
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PRS chief Sean Hooker relects on the bumpy ride landlords face in the coming months, and how they can get prepared for the changes.

Landlord mortgage costs leap to nearly 40% of rental income

Landlord mortgage costs leap to nearly 40% of rental income

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News
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The average mortgaged landlord paid 37% of their rent on mortgage interest in August, up from a low of 24% in November 2021, according to Hamptons.

30 campaigning groups write to Rishi urging landlord reforms

30 campaigning groups write to Rishi urging landlord reforms

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News
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Thirty charities and non-profit organisations have written to the Prime Minister urging him to ensure the Renters Reform Bill is passed during this Parliament.

Property 'dating service' for landlords and tenants launches

Property 'dating service' for landlords and tenants launches

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News
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A WhatsApp-style ‘dating service’ designed to marry up landlords and tenants has launched seeking to simplify London’s ‘chaotic’ private rented sector and rival established portals such as Rightmove and Zoopla.

40 per cent of tenants are struggling with rent payments

40 per cent of tenants are struggling with rent payments

News
News
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There’s now a significant proportion of adults in the UK struggling to meet their rent or mortgage payments

Buy-to-let profits nosedive for new buyers

Buy-to-let profits nosedive for new buyers

News
News
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Landlords who took out a new mortgage between April and June this year made an annual cash loss for the first time since 2007.

Absentee landlord handed fine for ignoring tenants

Absentee landlord handed fine for ignoring tenants

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News
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A landlord who ignored improvement notices on his two unlicensed properties has been handed a £15,000 fine by magistrates.

Can tenancy contracts be signed electronically?

Can tenancy contracts be signed electronically?

Information
News
Podcast
Opinion
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It is very convenient and timely to accept documents relating to tenancies signed electronically and transmitted electronically - are they legal valid?

Agency pays high price for harassing tenants

Agency pays high price for harassing tenants

News
News
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A letting agency in Hove has been ordered to pay nearly £69,000 for “abhorrent and vile” behaviour towards its tenants.

Kids and pets raise the cost of renting

Kids and pets raise the cost of renting

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News
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Renters with pets or children are paying as much as £460 more during their tenancy compared to other renters.

Private buying companies rush to snap up buy-to-let portfolios in bulk

Private buying companies rush to snap up buy-to-let portfolios in bulk

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After a tough week, starting with reports from the Telegraph urging banks to “stop treating landlords like cash cows”.

Fewer landlords offering homes to rent reports RICS

Fewer landlords offering homes to rent reports RICS

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News
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A buoyant private rented market continues to outshine the struggling sales sector, although there is cause for optimism long-term, reports The Royal Institution of Chartered Surveyors (RICS).

Two landlords 'banned' for not providing safety documents

Two landlords 'banned' for not providing safety documents

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News
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Landlords wondering how the planned register for landlords in England may operate have been given a taste of what’s to come following a case in Glasgow.

Barclays ordered to pay leading landlord compensation

Barclays ordered to pay leading landlord compensation

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News
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Barclays has been ordered to pay benefits landlord Mick Roberts compensation over a long-running saga which saw him wrongly given a bad credit rating.

Landlords to face 52% higher costs when remortgaging BTL loans

Landlords to face 52% higher costs when remortgaging BTL loans

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News
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Landlords looking to re-mortgage until December 2024 at a typical 6.5% rate face an alarming 52% jump in their monthly mortgage payments, according to credit ratings agency DBRS Morningstar.

Landlords could put new life into UK high streets

Landlords could put new life into UK high streets

News
News
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Opinion
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Investing in commercial property can be an attractive alternative to buy-to-let

Landlords and tenants warned over shocking Facebook scams

Landlords and tenants warned over shocking Facebook scams

News
News
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An investigation has revealed that nearly all the flat listings on Facebook Marketplace in central Glasgow were potential scams.

Landlords tell Labour it must unfreeze 'unjust' LHA rates

Landlords tell Labour it must unfreeze 'unjust' LHA rates

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News
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Landlords have called on a future Labour government to scrap the ‘unjust’ Local Housing Allowance (LHA) freeze which has seen many tenants on benefits struggling to make up the gap between their rent and their housing payments.

Occupiers' Liability: What happens when a tenant is injured?

Occupiers' Liability: What happens when a tenant is injured?

Information
News
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Liability for personal injury. What is the landlord's position on liability for injuries to persons on or near his premises?

Bizarre link made between ageing and renting a home

Bizarre link made between ageing and renting a home

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News
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Tenants in the private rented sector age biologically faster than homeowners, according to new research, which believes scrapping Section 21 will help reverse the process.

Deposits scheme removes fee to make renting cheaper

Deposits scheme removes fee to make renting cheaper

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News
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Tenants using Jersey’s tenancy deposit scheme will no longer have to pay a protection fee from next month.