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Commercial property industry supports a record number of UK jobs

Commercial property industry supports a record number of UK jobs

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Commercial property is an important part of the UK economy, but the retail and office sectors as still suffering and rising interest rates present a real threat. A recent https://bpf.org.uk/media/6294/cl16688-01-bpf-economic-footprint-may23-v5-hi-res-single-pages.pdf" t

BLOG: Should landlords switch on to electric vehicle charging points?

BLOG: Should landlords switch on to electric vehicle charging points?

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Electric vehicle charging expert Matthew Gibbons (main picture) explores the pros and cons of installing the different equipment at rental properties. Rented properties with EV charge points are a rare thing, so installing one makes a home more desi

Are there certain areas worth investing in following Government’s Levelling Up plans?

Are there certain areas worth investing in following Government’s Levelling Up plans?

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In the Spring Budget, the Chancellor announced a raft of measures that the Government intends to help level up the UK. Specifically, they're pledging to prioritise employment, education and enterprise

Suburban landlords to see bonus as more renters commute into London

Suburban landlords to see bonus as more renters commute into London

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Better transport links to the capital have boosted the number of Londoner commuters happy to spend time on the tube or bus. Renters are living further away from the office than they did seven years ago because this doesnt necessarily equate to longer journey times due to impr

Major debt charity calls for more eviction protection for rent arrears tenants

Major debt charity calls for more eviction protection for rent arrears tenants

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A debt charity is calling on the government to introduce stronger protections for tenants who fall behind on their rent. StepChanges survey found that private renters struggled to afford their homes more than any other housing tenure, with one in six (1.2 million people) rely

'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

'FEELING THE SQUEEZE': Third of tenants spending half their salary on rent

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More than one in three tenants in the UK spend at least half their salary on rent, according to new data from flat-share site SpareRoom. Its poll of 11,000 private renters reveals that 81% spend more than 30% of their take-home pay on rent, leaving them rent burdened, mean

Annual rent inflation climbs again hitting nearly 5% across much of UK

Annual rent inflation climbs again hitting nearly 5% across much of UK

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Rent inflation continued to climb last month up by 0.1% to 4.7%, the Governments latest data for England shows. The Official for National Statistics (ONS) reports the annual increase, which compares the 12 months to the end of April 2023 to the previous months rent data.</

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

LISTEN IN: The Renters (Reform) Bill - what do the experts think?

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In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme, and leading property expert Kate Faulkner OBE, share their initial reactions to the Renters (Reform) Bill. In perhaps the biggest shake-up of the private rented sector in ove

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

POLL: Portfolio landlords moving to commercial as PRS becomes more difficult

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Large portfolio&nbsp;landlords are feeling upbeat despite the tough economic climate, with many eyeing the commercial sector for their next property purchase. The https://www.handelsbanken.co.uk/en/about-us" target="_blank" Handelsbanken </a

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Pet-friendly homes, not rent rises are tenants biggest concern

Pet-friendly homes, not rent rises are tenants biggest concern

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Many politicians and campaigners have, in support of the Government’s looing renting reforms, claimed that tenants feel insecure when living in their homes and are worried about the high rents.

Rightmove urges Chancellor not to punish landlords AGAIN

Rightmove urges Chancellor not to punish landlords AGAIN

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Rightmove has called on the Government to support landlords, not load them with more tax, ahead of the Chancellor’s budget on 30th October.

LATEST: New guide to official retrofitting support for landlords

LATEST: New guide to official retrofitting support for landlords

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After feedback from landlords, energy firm Utilita has published a free guide on the LandlordZONE Forum on retrofitting scheme eligilility.

Angela Rayner approves compulsory purchase of landlord's house

Angela Rayner approves compulsory purchase of landlord's house

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Haringey Council has made a Compulsory Purchase Order (CPO) for a derelict house, demonstrating the lengths to which authorities are going to repossess landlord properties.

UPDATED - Commercial landlords face heavy fines

UPDATED - Commercial landlords face heavy fines

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The UK government has committed to its targets to reach net zero emissions by 2050. As part of this initiative the Government is looking to reduce emissions across a wide range of sectors, including commercial and residential property.

'Widespread fear' among landlords over EPC upgrade costs

'Widespread fear' among landlords over EPC upgrade costs

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One quarter of private landlords plan to sell their properties needing energy upgrades due to the government’s ambition for the sector to reach EPC targets by 2030.

UK's biggest trade union backs MORE renting reforms

UK's biggest trade union backs MORE renting reforms

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The UK’s largest union wants Labour to go further with its plans to reform the PRS and has labelled the Renters’ Rights Bill as only the ‘first step’.

Most former rental properties not bought by first time buyers

Most former rental properties not bought by first time buyers

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Data from a leading estate agency shows just 35% of former rental homes go to those entering the owner-occupier market.

Fears rise over Scotland's rent control plans as investment declines

Fears rise over Scotland's rent control plans as investment declines

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A property leader has warned that Scotland's upcoming Housing Bill must not hamper much-needed investment in the rental sector.

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

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

'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

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

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

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

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

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

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

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

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

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

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

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

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

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

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/"

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

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

The best service for landlords who need to sell their property

The best service for landlords who need to sell their property

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If you're a landlord who needs to sell their properties and is struggling, keep reading, because we have the best solution for you. No catch, no fuss, we simply know exactly what to do to help you. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img

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

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

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

Paragon Bank reports highest ever tenant demand

Paragon Bank reports highest ever tenant demand

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A survey of almost 700 landlords, carried out by BVA BDRC for Paragon, reveals that that 67% of landlord respondents had experienced higher than usual tenant demand during the first three months of this year. This, according to Paragon, represents a new all-time high and up from 65% reco

Most UK office landlords have no sustainability strategy

Most UK office landlords have no sustainability strategy

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According to the findings of recent research commissioned by infinitSpace, in partnership with The Instant Group, the majority of UK office landlords have not made any concrete plans to improve the energy efficiency ratings of their buildings they do not have any form of sustainability