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Higher mortgage rates driving more landlords to request rent guarantors

Higher mortgage rates driving more landlords to request rent guarantors

News

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

News

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

News

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

News

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

News

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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Big boiler manufacturer promises not to repeat 'greenwashing' claims

Big boiler manufacturer promises not to repeat 'greenwashing' claims

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One of the UK’s biggest gas boiler manufacturers used by millions of landlords has promised not to ‘greenwash’ its part-hydrogen fuelled boilers.

How many laws must landlords adhere to, asks legal expert

How many laws must landlords adhere to, asks legal expert

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Law-savvy landlords are being asked to help compile a definitive list of legislation impacting the PRS.

No.10 cat 'backs' mandatory pet damage insurance campaign

No.10 cat 'backs' mandatory pet damage insurance campaign

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Larry the Number 10 cat has backed a charity’s campaign to change the law allowing tenants to keep pets.

Hardship test “bombshell” for landlords

Hardship test “bombshell” for landlords

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Labour’s housing minister Matthew Pennycook is said to be planning a “hardship test”

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

New minister says transfer from housing benefit to Universal Credit 'smooth' but expert disagrees

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Claims by the new Department of Work and Pensions (DWP) minister of state Stephen Timms that the transfer of remaining housing benefit claimants to Universal Credit is being done ‘as smoothly as possible’ have been questioned by a leading expert.

Landlord fined £10,000 over failure to do £169 safety check

Landlord fined £10,000 over failure to do £169 safety check

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Booking in a five-yearly Electrical Safety Installation Certificate (ESIC) check for your rented property often seems like one of the plethora of minor tasks on the ‘to do’ list.

Higher BTL repossessions making rental shortage worse says Law Society

Higher BTL repossessions making rental shortage worse says Law Society

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An increase in buy-to-let repossessions is exacerbating the rental supply shortage and leaving evicted families without legal aid needed to fight their case.

'We're seeing mostly older landlords selling up' says agency boss

'We're seeing mostly older landlords selling up' says agency boss

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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.

Landlord property repossessions continue upward trajectory

Landlord property repossessions continue upward trajectory

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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.

Property Portal could be deathknell for big selective licencing schemes, says MP

Property Portal could be deathknell for big selective licencing schemes, says MP

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The mandatory national Property Portal for landlords to be introduced by the Renters (Reform) Bill next year will stop the spread of borough-wide selective licencing schemes, a leading MP has claimed.

Gove slams rent controls and defends Section 21 abolition

Gove slams rent controls and defends Section 21 abolition

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Michael Gove used his speech to introduce the second reading of his Renters (Reform) Bill to pour cold water on calls for rent controls while also trying to reassure ‘good’ landlords that the abolition of Section 21 ‘no fault’ evictions will not affect them.

BLOG: 'Landlords as well as tenants face a cost of renting crisis'

BLOG: 'Landlords as well as tenants face a cost of renting crisis'

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Following months of uncertainty, this year will be looked back upon as a tumultuous one for landlords.

Legal matters: terminology, lease or licence, what's the difference?

Legal matters: terminology, lease or licence, what's the difference?

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Yes, legal terms confuse and like many specialisms, the confusion is added to by the fact that different terms often have essentially the same meaning.

Landlords told to check tenancy contracts after landmark court case

Landlords told to check tenancy contracts after landmark court case

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A judge has opened the door to higher compensation being paid by landlords if they fail to protect their tenants’ rental deposits within one of the official schemes.

Details of compulsory national Portal for landlords revealed

Details of compulsory national Portal for landlords revealed

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More detail on what information landlords will have to provide to the looming Property Portal have been revealed by the Government.

LATEST: Landlords WILL be allowed to demand tenants have pet insurance

LATEST: Landlords WILL be allowed to demand tenants have pet insurance

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The Government has said it supports measures that will allow landlords to either charge tenants with cats or dogs both pet insurance at the beginning of tenancies or request that they take out a policy themselves.

Majority of renters support banning Section 21 evictions and rent controls - claim

Majority of renters support banning Section 21 evictions and rent controls - claim

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A renters’ lobbying says its polling of England’s private renters has found a majority support the changes within the looming Renters (Reform) Bill getting its second reading today in parliament.

Government U-turns on eviction and tenancy reforms

Government U-turns on eviction and tenancy reforms

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The Government has confirmed that it will not bring in its controversial ban on Section 21 evictions within the looming Renters (Reform) Bill until problems with the courts have been fixed.

Court shake-up vital in next week's Bill debate

Court shake-up vital in next week's Bill debate

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The NRLA has urged the government to address court hold-ups while debating the Renters Reform Bill – or risk undermining work to improve the sector.

Scottish eviction law continues to hamper PRS growth

Scottish eviction law continues to hamper PRS growth

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Investors are losing confidence in the Scottish PRS, while rent caps and increased construction costs are halting rental developments, says one property solicitor.

The importance of the "How to Rent" Guide and Section 21

The importance of the "How to Rent" Guide and Section 21

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How to Rent Guide : very important when setting up a new tenancy, or on renewal, and when serving a section 21 notice.

Agents and student landlords are top of the class in Bath

Agents and student landlords are top of the class in Bath

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University students rate Bath as having the best letting agents in the UK based on the number of reviews and average ratings.

Family operation ran string of unlicensed HMOs

Family operation ran string of unlicensed HMOs

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A rogue landlord has been prosecuted for letting eight unlicensed HMOs which breached health and safety rules that put his tenants at risk.

Kent landlord rumbled fly-tipping tenant's waste

Kent landlord rumbled fly-tipping tenant's waste

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A Kent landlord who dumped a huge pile of his tenant’s belongings in a country lane was rumbled after an investigation traced it back to him.

OPINION: Should landlords let tenants redecorate?

OPINION: Should landlords let tenants redecorate?

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One of the biggest discussion strings on any landlord forum including our own is how far tenants are allowed to modify or refurbish their property, with many users claiming some renters go too far.

Landlord reveals football boss's £28,400 rental scam

Landlord reveals football boss's £28,400 rental scam

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A director of the Scottish Women’s Premier League (SWPL) has been found guilty of defrauding her landlord with an elaborate scam.

Mortgage deal shock from leading BTL broker

Mortgage deal shock from leading BTL broker

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The Mortgage Works (TMW) has shaken up the BTL lending market by making improvements to the affordability assessment applied to portfolio landlords.

ANALYSIS: New Government funded schemes to help tenants with legal issues

ANALYSIS: New Government funded schemes to help tenants with legal issues

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New Government schemes that are offering advice to help tenants with legal issues

Big boiler firm's green claims to face official investigation

Big boiler firm's green claims to face official investigation

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The Competition and Markets Authority (CMA) is scrutinising green claims from boiler maker Worcester Bosch to see if they mislead landlords.

Renting reform bill to progress next week - claim

Renting reform bill to progress next week - claim

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The Renters Reform Bill is expected to get its second reading on Monday, heralding a huge shake-up of the sector after four years in the planning.

Leading landlord welcomes Rishi's U-turn on 'mental' EPC rules

Leading landlord welcomes Rishi's U-turn on 'mental' EPC rules

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A leading landlord has welcomed the Government’s recent U-turn on EPCs, telling a webinar this week that he was facing a ‘crazy’ bill to upgrade his portfolio of properties to the minimum ‘C’ band.

'Renting reforms are worrying landlords, but it's not a stampede to quit'

'Renting reforms are worrying landlords, but it's not a stampede to quit'

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A quarter of landlords are to sell some of their property portfolio in the coming months but not in the volumes previously claimed, a big letting agency has claimed.

Minister rejects call to give landlords green upgrade tax breaks

Minister rejects call to give landlords green upgrade tax breaks

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Energy Security and Net Zero Secretary Claire Coutinho (main picture) has rejected the idea of tax breaks for landlords to pay for green upgrades.

Council to begin fining rogue landlords £30,000

Council to begin fining rogue landlords £30,000

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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.