The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th
A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i
Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe
The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine
Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla
In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la
In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno
The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th
With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h
There are Autumn Budget winners and losers in the property industry as a whole
The Government has rejected calls for 10-year selective licensing schemes and insists that the government recognises the burden that licensing puts on landlords.
The Bank of England has cut interest rates from 5% to 4.75%, providing some welcome cheer for landlords looking to invest and remortgage.
The average rent arrears claim climbed to £2,064 in the third quarter of this year, a 22% rise on the same period last year.
Housing minister Matthew Pennycook has said rent controls in England would hit both tenants and landlords negatively by reducing supply and discouraging investment.
Former Labour MP Dame Karen Buck has been hired as Generation Rent’s new chair of the board.
Scotland’s Housing Bill has been diluted to keep landlord lobbyists happy rather than focusing on renters’ needs, according to a Green MSP.
Three rogue landlords who operated a string of unlicensed and unsafe HMOs across Northampton have been collectively fined a whopping £452,796.
The formation of a new ‘powerhouse’ organisation to represent the commercial property sector including build-to-rent and co-living is under way, it has been announced.
A new property platform aims to help private landlords target buy-to-lets and find potential HMOs. Propalt contains details of more than 250,000 landlords so that investors can connect directly, as well as the details of two million properties. Available information
A rent-to-rent landlord operating a flat in central London has been ordered to pay rent back to his tenants totalling just over �11,000 via a rent repayment order or RRO. The case highlights the challenges faced by rent-to-rent agreements, as the case involved a freeholder, lea
The number of landlords whose tenants are in rent arrears has fallen to its lowest level since 2017, according to new research from Paragon Bank. Its poll of more than 750 landlords found that less than one third (32%) of landlords have had at least one tenant in arrears during
A landlord has lost his appeal against a fine for renting out unlicensed properties after arguing that the sellers solicitor had failed to tell him about a selective licensing scheme. City Estate Holdings bought two houses in Westbourne Avenue, Gateshead, at auction in April
Half of all fraudulent tenancy applications involve fake or doctored pay slips, according to rent-tech platform Goodlord, which has warned landlords to be on their guard. Its anaylsis of more than 300,000 tenancy applications last year found that while only one in
Private landlords and agents have started helping the government to test its impending property portal. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45/64cb995528252df1fde666e6_dehenna
Ballooning mortgage costs will make an already tight rental market even harder for tenants seeking affordable homes to let, landlords have warned. Their representative body the NRLA has published research that shows nearly two-thirds of landlords, based on
Estate agents have criticised the Governments plans to usher in a single ombudsman for the property industry, claiming it will have unintended consequences. Under the plans, the existing redress schemes for estate agents and their customers will be replaced by an overarching
A property estate worth �15m has been sold off as part of a complex court case involving a pair of divorcing professional landlords. The portfolio of 25 buildings was spread across four London boroughs and included both residential and commercial properties. The portfolio inclu
A landlord in Wales has set a cat among the legal pigeons after winning a landlord Japanese knotweed compensation case in the Court of Appeal. Its three judges have agreed that Marc Davies, 38, must be paid just shy of �5,000 by his local authority Bridgend council which, it wa
Trading Standards has released new guidance to help landlords and leaseholders get to grips with the Leasehold Reform (Ground Rent) Act. The law https://www.landlordzone.co.uk/news/advice-are-you-ready-for-the-leasehold-reform-act-going-live-on-30th-june/" target="_
Official research has found that self-managing landlords are the least prepared when dealing with the legal requirements of the official Right to Rent scheme. It requires landlords of privately rented accommodation to conduct checks on all new tenants to establish if they have a
Landlords in Yorkshire might have an ally in new Lib Dem councillor Felicity Cunliffe-Lister who stormed to victory in the recent Masham and Fountains by-election, a previously super-safe Conservative seat. The incoming North Yorkshire county councillor owns Swinton Estate, one
Property lawyers have flagged up potential problems with eviction reform measures within the Renters Reform Bill white paper. An amendment to Section 8 notice evictions will expand the range of circumstances where landlords can seek possession when needing to sell or allow thems
Most landlords are still in the dark about EPC changes, a new survey has found, raising fears that they could be blindsided when proposed new rules become law in 2025. Only 57% of landlords with a single property and 77% of those with four or more properties in their portfolio a
Nottingham benefits landlord Mick Roberts is fuming after being left with bad credit due to computer errors on his Barclays mortgage payments. After years of struggling with call centres and going through complaints procedures, he took his protest to a Barclays branch an
A leading landlord blogger has slammed Shelter for claiming in its latest press release that landlords are cashing in on higher rents by using Section 21 no fault evictions to repossess their properties. The comments are from http://www.thesecretlandlord.com
Peterborough councillors hope to come down harder on the growth of smaller HMOs by introducing a trial Article 4 Direction. It comes only a few weeks after the authority https://www.landlordzone.co.uk/news/peterborough-looks-to-repeat-success-of-former-licensing-scheme/
A government minister has admitted that landlords could quit the market unless upcoming changes to EPC rules are implemented carefully. In a Lords debate to discuss the challenges of achieving net zero, https://www.landlordzone.co.uk/tag/lord-callanan/" target="_blank"
Tenants group Generation Rent has backed the DLUHC select committees call to close a loophole in proposed Section 8 reforms. It says the governments plan to ban Section 21 evictions but still allow landlords to evict tenants when needing to sell or move back into a prop
MPs have slammed the Governments proposed reforms to the private rented sector (PRS) within its looming Renters Reform Bill, calling for Ministers to wake up to its unintended consequences. Their report, published this morning, also makes the point that most tenants are not w
Large areas of the country will be without vital legal advice to prevent eviction if the government cant get law firms to take part in its Housing Loss Prevention Advice Service, the Law Society has warned. The scheme, which gives free legal aid advice for people facing repos
The trade association that represents short-let landlords says the Airbnb economy contributed �27.7 billion to the UK economy during 2021 and has helped create some 500,000 jobs, latest data shows. The UK Short Term Accommodation (https://ukstaa.org/" target="_bl
Economic headwinds facing the construction industry put the brakes on the build-to-rent sector last year. Build cost inflation and labour shortages meant that it only grew by 14% in 2022 adding up to 242,548 homes in planning, under construction or completed - compared to a
