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More tenants are using alternative deposit schemes, new data reveals

More tenants are using alternative deposit schemes, new data reveals

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A growing number of tenants in the build-to-rent (BTR) sector are using deposit alternative products as many opt to invest a lump sum instead of locking it away in a traditional cash scheme.

Tenants who are on benefits must get the Government support they need, says Propertymark

Tenants who are on benefits must get the Government support they need, says Propertymark

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Benefit claimants must get the Government help they need once its welfare reforms take effect, an industry body has warned.

Fewer luxury homes to rent in London feeds into higher rents

Fewer luxury homes to rent in London feeds into higher rents

News

A reduced supply of luxury rental homes in London is feeding into higher rents, which are now a third higher than before the pandemic, new research has revealed.

Rogue landlords come under attack from Labour MP Tom Hayes

Rogue landlords come under attack from Labour MP Tom Hayes

News

Labour MP Tom Hayes has launched a survey to quiz tenants and landlords in his Bournemouth East constituency, in a bid to fix the “broken” rented sector.

WASPI women need to be fairly compensated after constituent was evicted, says MP

WASPI women need to be fairly compensated after constituent was evicted, says MP

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Liberal Democrat MP Sarah Dyke has called for WASPI women to be fairly compensated after one of her constituents was evicted.

‘Rentflation’ costs young people an extra £1,616, says Barclays

‘Rentflation’ costs young people an extra £1,616, says Barclays

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‘Rentflation’ has cost young people an extra £1,616 on their rent bill in the past year, according to new data from Barclays.

Tenants on benefits will be pushed into poverty, warns NRLA

Tenants on benefits will be pushed into poverty, warns NRLA

News

Almost half of all private renters who receive Local Housing Allowance experience a shortfall between their payment and monthly rent, according to new analysis by the NRLA.

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action

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Landlords who fail to address damp and mould problems ahead of Awaab’s Law risk legal action, reputational damage, and significant fines, an air quality monitoring firm has warned.

More companies are registered to hold buy-to-let property than for any other type of business

More companies are registered to hold buy-to-let property than for any other type of business

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More companies are registered to hold buy-to-let property than for any other type of business as investors seek to reduce their tax burden, new data reveals.

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Commercial landlords struggle to see return on their investment

Commercial landlords struggle to see return on their investment

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Commercial capital property values fell 13% last year as rising interest rates impacted the sector, with industrial units taking the biggest hit. https://www.cbre.co.uk/" CBRE s monthly figures show values down 3% in December and annual total returns down by

Tenants forking out more for homes as rental price rises bite

Tenants forking out more for homes as rental price rises bite

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Private renters are facing an increase in housing costs, with rental price growth at its highest rate in the UK since records began in 2016. About a quarter (26%) of all renters (both private and social) surveyed between 7th and 18th December reported that their rent payments ha

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

BLOG: Ignoring deposit protection law can ruin some landlords - so seek advice

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As landlords, we all know there is a wealth of legislation that we need to wrap our heads around to maintain compliance throughout the lifespan of a tenancy. Gas safety, energy efficiency, electrical safety, legionella risk assessments, insurances, prohibited payments, How to Rent, Right to

Landlords can no longer obstruct broadband upgrades

Landlords can no longer obstruct broadband upgrades

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New laws will make it easier for broadband companies to gain access to thousands of https://www.landlordzone.co.uk/news/latest-mps-gives-tenants-new-rights-to-have-high-speed-broadband-kit-installed-in-blocks/" blocks of flats across England and Wales. The Tel

Helping homeless to move on could be right up landlords' street

Helping homeless to move on could be right up landlords' street

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Landlords are being encouraged to donate the addresses of their vacant properties as part of a unique bid to stem homelessness. Dreamt up by architect Chris Hildrey, https://www.proxyaddress.co.uk/" ProxyAddress allows people to securely borrow a stable, donat

December dip makes small dent in rising house prices

December dip makes small dent in rising house prices

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Average house prices fell by -1.5% in December, while the annual growth rate dropped from +4.6% to +2.0%, according to the Halifax House Price Index. A typical property now costs �281,272 - down from �285,425 in November following six months of rapid growth during the firs

Industry finds holes in energy scheme's bid to cut bills

Industry finds holes in energy scheme's bid to cut bills

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Propertymark has voiced fears that the governments ECO plus scheme risks excluding many landlords with low-rated properties. In its response to the Department for Business, Energy and Industrial Strategys consultation into the scheme to help fund home insulation, the indus

Get a move on with PRS reforms, council tells Gove

Get a move on with PRS reforms, council tells Gove

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Cherwell District Council has pressed the government to urgently introduce the long-awaited Renters Reform Bill to help it rebalance the relationship between landlords and tenants. The north Oxfordshire authority has written to Housing Secretary Michael Gove asking him to bring

Business rates revaluation 2023 will hit small retailers hardest

Business rates revaluation 2023 will hit small retailers hardest

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All non-domestic properties usually have their business property Rateable Value (RV) revalued every five years by the Valuation Office Agency. The next revaluation is due to take place on 1 April 2023. What is Rateable Value? The value is determined by the Valuation

The Property Cast: How can landlords spot a bad letting agent?

The Property Cast: How can landlords spot a bad letting agent?

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In https://www.totallandlordinsurance.co.uk/knowledge-centre/propertymarks-perspective-on-lettings-the-property-cast-total-landlord-insurance?utm_source=landlordzone&utm_medium=article&utm_campaign=propertymark+podcast+may+2023" target="_blank" this episode of T

REVEALED: Why higher interest rates are making it trickier for BTL investors

REVEALED: Why higher interest rates are making it trickier for BTL investors

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Buy-to-let mortgage searches were down 23% in April compared to the previous month, while investors have been putting down larger deposits as high-interest rates bite. Research by https://www.twenty7tec.com/" target="_blank" Twenty7tec shows that average loan-

New report urges Government to stop describing private landlords as 'bad'

New report urges Government to stop describing private landlords as 'bad'

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Government policy should move away from thinking that social housing and home ownership are good while private landlords are bad if it is to solve the rental stock and rent costs crisis. That's the view of a new report from Cambridge University Land Society which says this mi

87 MPs are now landlords including Chancellor, research reveals

87 MPs are now landlords including Chancellor, research reveals

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Nearly one in five Conservative MPs are currently landlords, according to research by campaign group 38 Degrees, a surprising figure given the Government's anti-landlord stance in recent years. The study counted 87 MP landlords more than 13% of the Commons of whom 53 cla

LATEST: Renters' Reform Bill due next week after Coronation, says Gove

LATEST: Renters' Reform Bill due next week after Coronation, says Gove

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The Renters Reform Bill is finally due to be published next week four years after it was first discussed. As predicted, the draft legislation will begin life a few days after the Kings coronation, Housing Secretary Michael Gove confirmed on Sky News this morning. <

COURT: Landlord jailed for 13 months after failures lead to tenant's death

COURT: Landlord jailed for 13 months after failures lead to tenant's death

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A rogue landlord whose failure to fit a smoke alarm contributed to his tenants death has been jailed for 13 months. Humraz Pinnu Shahid, 43, of Oakwood Lane, Leeds, spent years denying he owned the basement flat on Berkeley Grove (pictured) where Philip Sheridan

BLOG: Can 'guaranteed rent' attract more landlords and fix the social housing crisis?

BLOG: Can 'guaranteed rent' attract more landlords and fix the social housing crisis?

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As the largest accredited supplier of properties to local authorities in London and Essex, Leigh Young (pictured), Co-founder of the Elliot Leigh Guaranteed Rent Scheme, talks about how a shift in mindset could help some landlords navigate the current and future market challen

Propertymark's perspective on lettings - The Property Cast, Total Landlord Insurance

Propertymark's perspective on lettings - The Property Cast, Total Landlord Insurance

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In this episode of The Property Cast, Eddie is joined by Sean Hooker, Head of Redress at the Property Redress Scheme and special guest - a big hitter in the property market - Nathan Emerson, CEO of Propertymark, the leading membership body for property agents. � Wi

Airbnb returns to its roots with 'Rooms' but will initiative silence critics?

Airbnb returns to its roots with 'Rooms' but will initiative silence critics?

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Airbnb is going back to its roots by launching Airbnb Rooms, an updated version of its original aim to let guests stay in a room within someone elses home. The platform explains that in the current cost-of-living crisis, and years of being isolated, visitors are looking for

Tax to double for Airbnb rental properties in Scots holiday hotspots

Tax to double for Airbnb rental properties in Scots holiday hotspots

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The Scottish Government has followed its https://www.landlordzone.co.uk/news/clamp-down-on-letting-second-homes-planned/" target="_blank" English counterpart and revealed plans to manage the number of second homes and holiday rentals more aggressively within the country

Renters still don't understand build-to-rent 'offer' says leading figure

Renters still don't understand build-to-rent 'offer' says leading figure

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A 'lack of understanding' about the build-to-rent (BTR) sector is preventing it from offering a speedy solution to the housing crisis, according to one trade association boss. https://ukaa.org.uk/" target="_blank" UK Apartment Association </a

OPINION: 'Rent-to-Rent craze adding to UK's renting crisis'

OPINION: 'Rent-to-Rent craze adding to UK's renting crisis'

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Rent-to-rent is a controversial property investment model now being promoted by many property investment trainers and online influencers. Simply put, it involves would-be property investor landlords (as well as some rogue property companies) renting off a legitimate property own

LATEST: Average rent hits highest EVER record of �1,199 a month

LATEST: Average rent hits highest EVER record of �1,199 a month

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The average monthly rent in the UK is now a record-breaking �1,199, according to HomeLet, which advises landlords to prepare for more tenants being unable to pay. Its rental index figures for April - using data on achieved rental values from 5,000 letting agents - show rental p

EPC upgrades plus tenants 'terrified' of bills creating more damp, politicians told

EPC upgrades plus tenants 'terrified' of bills creating more damp, politicians told

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Increasing numbers of landlords are reporting damp and mould problems after forking out for energy efficiency work, it has been claimed. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/63bef2f3c329eff8e3a4af45

Women renters welcome at novel new block - but men shown the door

Women renters welcome at novel new block - but men shown the door

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Britains first womens-only https://www.landlordzone.co.uk/news/breaking-flat-owners-in-medium-towers-hit-by-cladding-crisis-will-not-have-to-pay-acm-costs/" tower block for renters has been given the green light by planners in west London. The scheme for

Starmer vows to get even tougher on landlords AND free-up market for renters

Starmer vows to get even tougher on landlords AND free-up market for renters

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Labour has pledged to create a national https://www.landlordzone.co.uk/news/government-backs-away-from-lifetime-deposits-and-a-national-landlord-register/" register of landlords to replace the current Register of Rogue Landlords which only lists those who have been handed

Government to help first-time buyers beat landlords to some property sales

Government to help first-time buyers beat landlords to some property sales

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A new version of the Help to Buy scheme could be included in the Conservatives next https://www.landlordzone.co.uk/news/elections-get-political-and-quiz-candidates-landlords-are-told/" election manifesto, according to reports. Prime Minister Rishi Sunak wan

Welsh government raises hopes of new energy cash for landlords

Welsh government raises hopes of new energy cash for landlords

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Landlords in https://www.landlordzone.co.uk/news/draft-legislation-goes-live-setting-out-how-occupation-contracts-will-work-in-wales/" Wales could be in line for financial help to upgrade their properties after the Welsh government acknowledged that meeting new energy sta

Warning: Approach 'sourced property deals' with caution, latest case shows

Warning: Approach 'sourced property deals' with caution, latest case shows

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A company specialising in sourced property deals for investors has been expelled from the https://www.theprs.co.uk/" Property Redress Scheme (PRS) and can no longer trade legally. Sourced Properties Group (SPG) Ltd, which was until now a PRS member, had been t

Sharp decline in UK commercial property investment

Sharp decline in UK commercial property investment

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The amount of money flowing into UK commercial property fell across all sectors, particularly industrial, but also offices and retail, thats according to market analysis carried out by debt advisory specialists, Sirius Property Finance. And office values - secondary in partic

Reform and rate rises force investors to play the long game

Reform and rate rises force investors to play the long game

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Landlords who are relatively heavily leveraged and achieving gross yields much below 5% could be better off reducing their mortgage balance than purchasing another property, according to new market analysis. Hamptons annual overview of the rental market explains that higher i

Leading landlord tells TV star about challenging financial climate for PRS

Leading landlord tells TV star about challenging financial climate for PRS

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Property commentator Vanessa Warwick has admitted that she is one of the many landlords impacted by rising interest rates. Speaking to Phil Spencer on https://www.youtube.com/watch?v=kVVD6yVZlcc" Move iQs Property Podcast , the co-founder of PropertyTribes s

Landlord pays price for fire safety breach at failing HMO

Landlord pays price for fire safety breach at failing HMO

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A landlord has been ordered to pay out more than �10,000 for breaching safety regulations at his large HMO. Amonbir Mander had turned the London Hotel in Stroud into an https://www.landlordzone.co.uk/news/legal-expert-warns-over-move-to-exclude-asylum-seeker-hmos-from-

Cash boost for mortgages platform helping tenants buy their own homes

Cash boost for mortgages platform helping tenants buy their own homes

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Wayhome has raised �8 million

REVEALED: Name of landlord facing �115,000 fine for unlicensed HMOs

REVEALED: Name of landlord facing �115,000 fine for unlicensed HMOs

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A rogue landlord has been fined a whopping �115,181 for operating four poorly run and unlicensed HMOs. West Northamptonshire Councils private sector housing team inspected the four properties, including one at 93 St Michaels Road, Northampton (pictured), in March 2020 under