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Landlord mortgage costs rising faster than rent rises, research shows

Landlord mortgage costs rising faster than rent rises, research shows

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Landlords' mortgage costs have been faster than rent rises over the past two years, new research has highlighted. Estate agency https://www.barrowsandforrester.co.uk/" target="_blank" Barro https://www.barrowsandforrester.co.uk/" ws and Forrester

Consultation reveals majority of residents oppose wider selective licencing

Consultation reveals majority of residents oppose wider selective licencing

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Plans to bring in a vast new selective licencing scheme within Brent have been given a resounding thumbs down from both landlords and, surprisingly, the London boroughs residents too. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https:

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

AIRBNB: Tory 'free marketeers' attack Gove over short-lets clamp-down

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Michael Goves plans announced yesterday to require owners of holiday lets in tourist hotspots to get planning permission for their properties has not gone down well in some quarters of the Conservative party. The https://www.landlordzone.co.uk/news/breaking-governmen

PLANNING: Landlords battle city council over its 'anti-HMO campaign'

PLANNING: Landlords battle city council over its 'anti-HMO campaign'

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Landlords locked in a battle with Porsmouth council over its approach to shared houses have branded its recent planning decisions an anti-HMO campaign. Trouble has been brewing the city since councillors on its planning committee began overriding the councils own planni

EXPERT: Why are so many agents and landlords ignoring fees law?

EXPERT: Why are so many agents and landlords ignoring fees law?

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The Tenant Fees Act has been in place for nearly four years but is it shocking how many property professionals, also known as letting agents, are either not aware of its existence, or believe they can charge a fee as long as they call it something else. I have looked at the 34 m

BREAKING: Government moves to restrict Airbnb lets in holiday hotspots

BREAKING: Government moves to restrict Airbnb lets in holiday hotspots

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The Government has revealed plans to force those seeking to convert homes in short-let properties within Englands holiday hotspots to seek planning permission first. Such powers, which will see a new 'use class' and a 'permitted development right' introduced into planning law

OPINION: Yet another property training company bites the dust!

OPINION: Yet another property training company bites the dust!

Opinion

I have lost track of the number of firms offering property investment courses and investment vehicles that have gone bust in my own experience, some offering dodgy training courses or imaginative investment schemes of one sort or another, and right down to those plying outright scams. <p

TV: Shamplina defends landlords who conduct 'extreme tenant vetting'

TV: Shamplina defends landlords who conduct 'extreme tenant vetting'

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TV star Paul Shamplina has defended landlords who ask tenants to provide additional referencing information such as copies of their CV or LinkedIn profiles. Appearing on TV this morning (watch below), he told presenters Eamon Holmes and Isabel Webster from GB News that in a high

Council warns of 'stiff HMO penalties' as it fines landlord �23,000

Council warns of 'stiff HMO penalties' as it fines landlord �23,000

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A big council in the South East of England has warned landlords who dont licence their HMO properties that they face stiff fines for non-compliance. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c

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Tenant campaigners call for controls on 'upfront payments'

Tenant campaigners call for controls on 'upfront payments'

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Tenants’ union Acorn has urged Labour to curb ‘upfront payments’ for new tenants to one month’s rent in a bid to make rented homes more affordable.

Council launches innovative solution to housing crisis

Council launches innovative solution to housing crisis

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Milton Keynes City Council has come up with an innovative scheme to top up rents for those moving from temporary accommodation into the PRS.

Renting reforms to have 'unintended consequences' warns agent leader

Renting reforms to have 'unintended consequences' warns agent leader

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Propertymark has warned that the Renters’ Rights Bill poses critical unintended consequences unless the government ensures a fair and balanced approach between landlord and tenant rights.

One of UK's largest portfolio landlords fined £97,000

One of UK's largest portfolio landlords fined £97,000

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A landlord with a string of more than 5,000 rental properties across the UK has been fined a whopping £97,000 over the ‘serious and deliberate’ failure to manage a block of flats in Sheffield.

Investment in the private rented sector unlocked

Investment in the private rented sector unlocked

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NRLA trainer Henry Davis explains how his Key to Property Investment course can help you stay ahead of the game.

Renting reforms will cause 'gridlock' in justice system says Badenoch

Renting reforms will cause 'gridlock' in justice system says Badenoch

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The government has been accused of pressing ahead with renter reform measures that will cause gridlock in the justice system, and pit landlords and tenants against each other in protracted litigation.

Few MPs defend landlords during Renters' Rights Bill debate in Commons

Few MPs defend landlords during Renters' Rights Bill debate in Commons

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Few MPs stood to defend landlords during yesterday’s second reading of the Renters' Rights Bill in parliament, but a few did - with all of them being Conservative.

Landlords 'selling up' ahead of expected CGT rise says RICS

Landlords 'selling up' ahead of expected CGT rise says RICS

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Landlords listing their properties for sale before potential capital gains tax rises are adding to a widening divide between supply and demand, report letting agents from around the UK.

Renting reforms 'to drive huge increase in tenancy disputes'

Renting reforms 'to drive huge increase in tenancy disputes'

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The Renters’ Rights Bill is expected to fuel a surge in tenancy disputes following a 20% rise last year.

Renters (Reform) Bill - we take a first look at the radical new legislation

Renters (Reform) Bill - we take a first look at the radical new legislation

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The Renters (Reform) Bill has finally had its first reading in Parliament, promising a fair deal to renters, faster redress for landlords and giving more details on how 'pets with lets' will work. Heralded as a once-in-a-generation overhaul of housing laws�, the government

BREAKING: Renters (Reform) Bill to get first airing after PMQs today

BREAKING: Renters (Reform) Bill to get first airing after PMQs today

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The Government is to finally introduce its long-delayed renting reforms into parliament later today following Prime Ministers Questions (PMQs) in the Commons. The Bill, which is to be called the Renters (Reform) Bill, will get its first reading just aft

'Disaster' renting reform bill to enter parliament tomorrow after PMQs

'Disaster' renting reform bill to enter parliament tomorrow after PMQs

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The much-delayed Renters Reform Bill is rumoured to be getting its first reading tomorrow after Prime Ministers Questions, although the 'full meat' of the proposals will come later. Rumoured to be renamed the Rented Homes Bill or Renters (Reform) Bill, landlords are waitin

Starmer 'set to U-turn on rent controls' as London Mayor pleads for more powers

Starmer 'set to U-turn on rent controls' as London Mayor pleads for more powers

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Keir Starmer is set to rebuff previous calls by London mayor Sadiq Khan to bring in a rent freeze, it has been reported. Khan has been banging his rent freeze drum for months now as the cost-of-living crisis has hit many tenants personal finances, telling the BBC in Oct

Labour to 'go further than Tories' with harsher Decent Homes Standard

Labour to 'go further than Tories' with harsher Decent Homes Standard

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Labour has promised to ramp up the pressure on private landlords by introducing a legally binding Decent Homes Standard 2. Its latest draft policy programme a provisional blueprint likely to shape the next general election manifesto includes a proposal to take the

EXTRA red tape, scams and repairs drive more landlords to use agencies

EXTRA red tape, scams and repairs drive more landlords to use agencies

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Almost two thirds (63%) of private landlords who manage their own properties are tired of sorting out repairs and dealing with red tape and considering using a letting agency or property manager instead.&nbsp; A Uswitch poll of 2,000 landlords found that the most common reason t

Opinion: does Michael Gove know something we don't?

Opinion: does Michael Gove know something we don't?

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It would seem that successive Tory governments have waged an ongoing and progressively more vicious war on buy-to-let landlords, but this latest layer of legislation goes much further. Yes, this latest iteration, and one thats https://bills.parliament.uk/bills/1768/s

Average rent now 25% higher than before Covid says leading agency

Average rent now 25% higher than before Covid says leading agency

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Rents on newly-let homes have increased by 25% across the UK since the start of Covid, costing the average tenant an extra �2,962 each year. Hamptons reports that rents rose 11% year-on-year, with April marking the second strongest month for rental growth on record.&nbsp; <p

NEW: Government promises crack-down on dodgy rent-to-rent operators

NEW: Government promises crack-down on dodgy rent-to-rent operators

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The government has vowed to crack down on dodgy rent-to-rent landlords who flout housing laws. Housing Minister Baroness Scott of Bybrook (pictured) says it is aware of concerns that some rent-to-rent arrangements have sometimes been used to make it more difficult to identify la

Tech firm gets public cash to help portfolio landlords improve energy efficiency

Tech firm gets public cash to help portfolio landlords improve energy efficiency

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Proptech company Propflo is working with BTL mortgage lenders to help portfolio landlords make their properties more energy efficient. It has been given a grant by Innovate UK to encourage lenders to explore initiatives such as encouraging retrofitting in their products, creatin

Third of tenants turning to credit to fund tenancy deposits - claim

Third of tenants turning to credit to fund tenancy deposits - claim

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A tenancy deposit affordacility crisis is looming as new data reveals that nearly a third of renters are borrowing money to pay for them, new research shows. The poll of 1,000 tenants reveals how they are using credit cards, personal loans, overdrafts and family loans to scrape

Signs of a turnaround in the UK construction industry...

Signs of a turnaround in the UK construction industry...

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Construction activity is continuing to grow in the UK. Thats according to the April S&amp;P Global / CIPS UK Construction Purchasing Managers Index� (PMI), as reported by PCBToday, a Construction, Planning and Building Control portal. Construction companies in the UK the

BLOG: Hit or miss - how will the long-awaited Renters' Reform Bill be received?

BLOG: Hit or miss - how will the long-awaited Renters' Reform Bill be received?

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In the first in a series of blogs for LandlordZONE on rental reform, Sean Hooker , Head of Redress at the https://www.theprs.co.uk/" Property Redress Scheme , shares his thoughts on yet another delay to the Renters Reform Bil

Major portal launches national 'rent passport' initiative for tenants and agents

Major portal launches national 'rent passport' initiative for tenants and agents

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One of the UKs big property portals has launched an initiative to enable renters to become rent ready as they hunt for homes. OnTheMarket.com, which is a competitor with Rightmove and Zoopla, has now fully integrated Canopys RentPassport service into its platform.</p

NEW: Number of landlords planning to sell up hits RECORD high, new poll finds

NEW: Number of landlords planning to sell up hits RECORD high, new poll finds

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The number of landlords planning to sell their rented properties has reached its highest level ever, according to new research. BVA-BDRC, commissioned by the NRLA, found that during the first three months of this year a third of 700 private landlords in England and Wales that it

Renting reforms will be a damp squib and we 'need a proper reset', say experts

Renting reforms will be a damp squib and we 'need a proper reset', say experts

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Leading property sector figure Kate Faulkner (pictured) has called for a reset of the private rented sector, away from ineffective rules and regulations. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f

Gove shelves plans to scrap leaseholds after Number 10 row

Gove shelves plans to scrap leaseholds after Number 10 row

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Housing Secretary Michael Gove has dropped plans to abolish leaseholds in England and Wales after Downing Street officials argued there was not enough time to enact such major reforms. Despite describing it as an outdated feudal system� and pledging to get rid of h

Interest rate rise set to hit mortgage payments and rental market

Interest rate rise set to hit mortgage payments and rental market

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The Bank of England has hiked https://www.landlordzone.co.uk/news/revealed-why-higher-interest-rates-are-making-it-trickier-for-btl-investors/" interest rates by 0.25 percentage points, pushing the base rate to 4.5% and raising fears that this could exacerbate rental pric

Plea to support landlords with rental reforms as record numbers plan exodus

Plea to support landlords with rental reforms as record numbers plan exodus

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The https://www.landlordzone.co.uk/news/hold-up-for-renters-reform-bill-blamed-on-procedural-issues/" Renters Reform Bill will increase pressure on landlords and may force even more to quit the market, warns the Royal Institution of Chartered Surveyors (https://w

Hold-up for Renters' Reform Bill blamed on 'procedural issues'

Hold-up for Renters' Reform Bill blamed on 'procedural issues'

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The government has delayed its long-awaited https://www.landlordzone.co.uk/news/latest-renters-reform-bill-due-next-week-after-coronation-says-gove/" Renters Reform Bill , raising fears from the opposition that the draft legislation could be diluted. It blam

Housing charity blasts misleading rent-to-rent claims

Housing charity blasts misleading rent-to-rent claims

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https://www.shelter.org.uk/" Shelter has strenuously denied that it is involved in any https://www.landlordzone.co.uk/news/rent-to-rent-craze-adding-to-uks-renting-crisis/" rent-to-rent schemes after it was claimed that the charity was either acting as

Manchester rolls out next wave of selective licensing schemes

Manchester rolls out next wave of selective licensing schemes

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Five more https://www.landlordzone.co.uk/news/latest-big-city-to-go-live-with-controversial-selective-licensing-plan/" selective licensing schemes have opened in https://www.landlordzone.co.uk/news/new-devolution-deal-gives-manchester-more-rogue-landlord-powers/"

Education job needed for tenants to make link between cold and mould

Education job needed for tenants to make link between cold and mould

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Public information campaigns are needed to raise awareness of the consequences of not turning the heating on as often in rented properties, says the NRLA. When quizzing 2,000 tenants in England and Wales about the impact rising utility bills have had on their household budget, t

Landlords rush to offload their energy-poor properties

Landlords rush to offload their energy-poor properties

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Thousands of private landlords have started selling their properties ahead of government changes to Energy Performance Certificate (EPC) regulations. More than 65,000 rental properties went up for sale in the first three months of the year, 36,460 of which had an EPC rating of

No deposit needed for home-buying renters with good track record

No deposit needed for home-buying renters with good track record

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https://www.skipton.co.uk/" Skipton has launched a new mortgage specifically for renters who can now buy a house without needing a deposit. Tenants who can evidence affordability and have a strong track record of rental payments can borrow up to 100% of a prop