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LATEST: Mortgage problems drive surge in portfolio landlords selling up

LATEST: Mortgage problems drive surge in portfolio landlords selling up

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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

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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

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

Horrendous overcrowding at dilapidated HMO leads to £17,000 fine for landlord

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A letting agency-owning landlord has been fined more than £17,000 for renting out one small room in an HMO to a family of five. Ruhul Shamsuddin and his company Lordsons Estates were found guilty of 23 housing offences relating to a

Bank of England warns landlords face 'impossible position' as rates rise

Bank of England warns landlords face 'impossible position' as rates rise

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The Bank of England has warned that landlords with mortgages are under increasing strain from higher interest payments and other structural factors, all of which are likely to put pressure on their incomes�. The commentary is within the banks latest https:

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

Landlord mortgage arrears outstrip home owners' as costs squeeze profitability

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Landlords arrears are growing at a faster rate than homeowners, according to new research that suggests fewer investors are being shielded from economic headwinds. https://www.octanecapital.co.uk/" Octane Capital found that buy-to-let arrears of more tha

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

Kerching! Five tenants pocket �29,000 after landlord fails to licence HMO

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Five tenants have shared a whopping �29,000 Rent Repayment Order after their landlord failed to licence its HMO. East London-based https://www.facebook.com/weletroomsuk/" We Let Rooms Ltd did not defend itself at a First Tier Property T

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Solicitor convicted of harassing tenants given suspended jail term

Solicitor convicted of harassing tenants given suspended jail term

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A landlord in Northern Ireland has been handed a jail sentence of two months suspended for two years.

Report paints grim picture of homeless excluded from private rented sector

Report paints grim picture of homeless excluded from private rented sector

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Access to low-cost private rented housing across England has become nearly impossible for ‘bottom of the market’ people living in homelessness accommodation and services, according to new research.

Boom in landlords turning to short lets since 2022

Boom in landlords turning to short lets since 2022

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Most landlords don’t use the agent they bought the property from to rent it out – and are increasingly likely not to market it as a long-term tenancy.

OFFICIAL: Huge increase in tenants challenging rent increases

OFFICIAL: Huge increase in tenants challenging rent increases

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New research has shown a huge increase in tenants challenging rent increases in Scotland since an updated procedure was introduced on 1st April.

Building a successful buy-to-let business: who do you need?

Building a successful buy-to-let business: who do you need?

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Investing in buy-to-let properties is akin to launching a business, requiring not just capital but also a robust network of professional advisors to navigate the complexities involved.

Embrace landlords instead of attacking them, leader urges politicians

Embrace landlords instead of attacking them, leader urges politicians

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A leading private rented sector figure has called on both the Scottish and English governments to embrace landlords as part of the solution to problem within both countries housing markets.

NRLA to train social housing providers

NRLA to train social housing providers

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Our award-winning Training Academy is set to expand its offer this summer, launching bespoke training courses for social housing providers.

Leading lettings portal warns rent controls will be 'disastrous'

Leading lettings portal warns rent controls will be 'disastrous'

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One of the largest letting agencies in Scotland has warned within a new report that the SNP’s continued efforts to introduce tougher rent controls will have a ‘disastrous’ impact on an already struggling private rented sector.

Surrey council does U-turn on restrictions for smaller HMOs

Surrey council does U-turn on restrictions for smaller HMOs

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A council in Surrey is getting reading to restrict landlords seeking to convert houses into small HMOs next year.

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

BREAKING: Landlords face higher mortgage costs as base rate rises by 0.5%

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The Bank of England has this lunchtime raised its base rate by 0.5% as the venerable institution fights to bring down inflation, which yesterday was revealed to be sticking stubbornly at 8.7%, way above the bank's target of 2%. Commentators and mortgage holders alike had hoped t

Welsh minister backs review of existing higher stamp duty rates for landlords

Welsh minister backs review of existing higher stamp duty rates for landlords

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Welsh Minister for Climate Change Julie James has backed the NRLAs call for a review of property taxation in the PRS. Speaking at thehttps://www.landlordzone.co.uk/news/breaking-landlords-tell-housing-minister-face-to-face-that-sector-needs-support/" <strong i

Treasury chief says landlords and homeowners 'will not get mortgage help'

Treasury chief says landlords and homeowners 'will not get mortgage help'

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The Treasury has confirmed that it will not introduce tax relief on mortgage interest payments for either homeowners or landlords despite the ongoing mortgage cost crisis. As we https://www.landlordzone.co.uk/news/mortgages-landlord-tells-bbc-how-payments-have-tripled-o

New report hails growth of institutional build-to-rent

New report hails growth of institutional build-to-rent

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A new report from international property agents JLL concludes that institutional investors are transforming the renting landscape in the UK. Over the past decade, the report says,https://www.totallandlordinsurance.co.uk/knowledge-centre/what-does-build-to-rent-mean-for-

BE WARNED: Why keeping records is so important for landlords

BE WARNED: Why keeping records is so important for landlords

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Suzy Hershman (main picture), Resolution Department Lead at HFIS, examines a shocking case her team dealt with recently and highlights what landlords can learn from it . The case</h4>A landlord with a four-bedroom property i

Famous landlord to pay �166,000 legal costs after losing court claim

Famous landlord to pay �166,000 legal costs after losing court claim

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Multi-millionaire landlord Judith Wilson (main picture, inset) has been hit with a �166,000 court bill after losing a legal battle against Tonbridge and Malling Borough Council. Wilson, wife of the controversial Fergus, who was once dubbed Britains

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

VIDEO: 'Best landlord in UK' gives unusual advice to other investors about profits

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Treat tenants like customers and stop thinking about profit if you want to make a success of property investing - thats the advice of lettings and landlord professional Tom Soane, who boasts that its made him the 'best landlord in the UK'. Your property is a product, te

Landlords across UK given more time to find out about licencing launches

Landlords across UK given more time to find out about licencing launches

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Councils have been given three months longer to launch selective licencing schemes, new Government guidance has revealed. An update to the Department of Levelling Up, Housing and Communities advice to local authorities considering or planning a selective licencing scheme has

NEW: Former rental properties now account for 11% of homes for sale

NEW: Former rental properties now account for 11% of homes for sale

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More than 1 in 10 (11%) homes for sale on Zoopla are former rental properties after private landlords faced with tax changes and higher borrowing costs have rationalised their portfolios or quit the market. Before the pandemic, half of these homes for sale returned to th

MORTGAGES: Worried landlord tells BBC how his payments have tripled

MORTGAGES: Worried landlord tells BBC how his payments have tripled

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Paul Bradley, a landlord with a single rental property in North London, has told the BBC how the ongoing mortgage crisis has seen his monthly interest-only loan payments triple over the past 12 months. His case illustrates vividly the significant challenges that the approximatel

EXCLUSIVE: More tenants failing reference checks as cost-of-living bites

EXCLUSIVE: More tenants failing reference checks as cost-of-living bites

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The number of tenants passing referencing checks has dropped off drastically as the cost-of-living crisis bites. Rent guarantee firm Housing Hand reports that about 35% previously passed checks, but that the number is dropping and could now be as low as 25%. Another 40% will get

UPDATED: consider these things before you increase your tenant’s rent

UPDATED: consider these things before you increase your tenant’s rent

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With interest rates rising and this reflected in mortgage rates, landlords are being forced to contemplate rent increases. If you go down this road you need to be aware and follow the rules.

Powerless councils could make or break reforms, says Labour MP

Powerless councils could make or break reforms, says Labour MP

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A Labour MP has called on the government to extend notice periods from two to four months to prevent landlords from unjustly evicting tenants. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3

Licencing scheme off to weak start after only a third of landlords register

Licencing scheme off to weak start after only a third of landlords register

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Only one-third of Oxfords private rental properties have been registered for its city-wide selective licensing scheme and could soon face steeper fees or a hefty fine. The scheme, which launched last September, has received more than 10,500 licence applications from the 3

Landlord pleads with council to consider HMO tenants as housing shortages bite

Landlord pleads with council to consider HMO tenants as housing shortages bite

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An https://www.landlordzone.co.uk/news/braverman-under-pressure-to-reverse-outrageous-new-hmo-rules-for-asylum-seekers/" HMO landlord says desperate new tenants are moving in hours after the previous tenants leave due to a dearth of available properties. In he

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

'Despicable fraudster' gets eight-year ban for stealing landlords' deposits and rent

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A letting agent who ripped off dozens of landlord clients has been banned from being a company director for eight years. https://www.landlordzone.co.uk/news/letting-agent-who-stole-80000-from-dozens-of-landlords-admits-fraud/" Frank Smart , 46, the owner of Sma

UPDATED: consider these things before you increase your tenant's rent

UPDATED: consider these things before you increase your tenant's rent

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With interest rates rising and this reflected in mortgage rates, landlords are being forced to contemplate rent increases. If you go down this road you need to be aware and follow the rules.As landlord you can't legally increase your rent whenever you like, or by any amount you see fit. You need

Landlords encouraged to sell this month as property prices rise by 0.2%

Landlords encouraged to sell this month as property prices rise by 0.2%

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In a market where interest rates are sky high, tax bills are extortionate and mortgage payments are higher than rents, coupled with a backlog of refurb costs and difficult tenant situations, landlords are rushing to cash in and sell their property portfolios. If you were a landl

REFORM: 'We need legislation that works with landlords, not against them'

REFORM: 'We need legislation that works with landlords, not against them'

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With one in five households now renting, the private rented sector is an essential part of the housing market. As the government has reduced its housebuilding strategy for all local authorities from mandatory to advisory, with some councils scrapping targets all together, the ho

Portal launches in UK offering landlords direct online advertising to find tenants

Portal launches in UK offering landlords direct online advertising to find tenants

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A European lettings portal has launched in the UK aimed at globe-trotting students and young professionals. Rotterdam-based https://housinganywhere.com/" HousingAnywhere , which specialises in mid- to long-term rentals, now covers London,

Do HMOs still stack up as an investment?

Do HMOs still stack up as an investment?

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Over the last 15 years, the HMO market has been transformed and there has been a boom. The reason for the boom&nbsp; was, quite simply, that HMOs could generate far better returns than single home lets. &nbsp; But as the market grew, regulations tightened. On top of the extra du

LATEST: Section 21 evictions increasing as landlords quit sector, says Citizens Advice

LATEST: Section 21 evictions increasing as landlords quit sector, says Citizens Advice

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Nearly half of all Section 21 eviction notices have been prompted by landlords selling their properties, Citizens Advice has revealed. It also says that its seen a ramping up of evictions by landlords using Section 21 notices, handling some 2,000 cases last month. <p id=""

Guaranteed rent firm takes down website after LandlordZONE probe

Guaranteed rent firm takes down website after LandlordZONE probe

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A guaranteed rent firm has taken down its website after being exposed for using spurious claims about its connections with reputable bodies. London-based UK Housing Group Ltd, which boasts of being, the largest social housing agency in London and the Midlands featured out-

'Frustrated' council makes historic move to limit short-let holiday homes

'Frustrated' council makes historic move to limit short-let holiday homes

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A council in Wales is likely to become the first one to use an Article 4 Direction to clamp down on the use of houses as holiday lets. Gwynedd councillors approved the historic move after becoming frustrated with the increase in holiday homes across the county, and the effect th

Extra costs and red tape hitting landlords hard, mortgage chief warns

Extra costs and red tape hitting landlords hard, mortgage chief warns

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Politicians and lobby groups are likely to continue blaming private landlords for the housing shortage largely created by the hostile regulatory environment imposed by the same politicians who want even more draconian laws, finds a new report. One of the most bizarre aspects of