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.
Labour has confirmed that it will compel landlords of high street shops to rent out their premises if they stand empty for too long.
Lloyds has grown its rental portfolio to 1,000 properties and has another 700 in the pipeline as it bids to become one of the UKs biggest landlords, albeit far off its original objectives. The bank has some way to go if the publicly-owned institution is to meet its target of
An Upper Tribunal has slashed a landlords Rent Repayment Order by �16,000 after taking pity during an appeal hearing on her precarious financial position�. A First Tier Property Tribunal https://assets.publishing.service.gov.uk/media/6239f607e90e07799cd3de67/LO
A landlord in Norfolk has payed fines totalling �40,000 after he was found to have housed tenants in a way that put tenants at risk. Issues were reported at the Watton property (pictured) to Breckland Council last year, which prompted an inspection by officers who found a block
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 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
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
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-
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
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
A new property platform aims to take the strain from HMO landlords dealing with multiple tenant enquiries and help them to prevent voids. Intense competition in the market means operators can spend up to three hours a day responding to prospective tenants, sifting through hundre
Landlord bashing isnt a new sport. Its been around since as long as anyone remembers and truthfully, no matter how sacred the PRS becomes, its always going to be a thing. Tenants defaulting on arrears will always look at an eviction notice with a level of intended cruel
After 13 or so years of Conservative rule the Conservative promise of a stable home owning democracy has failed to materialise. They have got themselves into a bind over housing. Potential home buyers find it impossible to afford a deposit as well as pay interest rates that are
The National Residential Landlords Association (NRLA ) wants to hear from landlords who have let property on a rent-to-rent basis so it can contribute to a high-profile case at the Supreme Court. It believes the outcome of the upcoming Rakusen v Jepsen appe
A letting agency boss in the West Midlands has been jailed for two years and four months after ripping off landlords and tenants who used his firm. Bhavander Singh Sanghera , of Jesson Road, Walsall ran EBS Properties Ltd trading as Martin & Co Wolverha
The government has confirmed it is still deliberating whether to bring in property agency qualifications and minimum standards in the sector, almost four years after the Regulation of Property Agents (RoPA) published its recommendations. RoPAs report outlined proposals back i
The Government has announced plans to tackle mould within the private and social housing sectors through updated guidance and iniatives. Announced late on Friday before a midnight deadline set by the Coroner during the inquest looking into the death of toddler Awaab Ishak, the i
The majority of letting agents expect to see more landlords leave the market in 2023, against a backdrop of rising arrears and falling https://www.landlordzone.co.uk/news/december-dip-makes-small-dent-in-rising-house-prices/" house prices . Goodlord reveals tha
New and replacement gas boilers should be banned by 2033, two years earlier than current plans, according to the governments net zero tsar. Conservative MP Chris Skidmore believes it should make the decision to decarbonise homes by next year to help the country meet its clima
The Scottish government has admitted it is considering long-term proposals for rent control after the https://www.landlordzone.co.uk/news/leading-letting-agent-slams-chaotic-rent-freeze-announcement-in-scotland/" Cost of Living Act has expired. Minister for Te
A rogue landlord who created false identities and fake letting agencies as part of an elaborate web of misinformation designed to exploit his tenants has been fined �12,000 and ordered to pay �25,000 costs. Thomas Flight, who owns flats on Portland Square in ht
Tougher checks on lending to buy-to-let https://www.landlordzone.co.uk/news/office-blocks-and-high-streets-provide-hope-for-canny-investors/" investors are on the cards after the Bank of England warned it would scrutinise risky areas more heavily due to rising interest ra
With the consistent implementation of draconian legislation over the last year from the Scottish Government, its no surprise that more landlords are leaving the private rented sector than ever before. Although some may cheer at the news, what they fail to realise is that the
The Property Redress Scheme's (PRS) advisory panel has chosen experts from across the sector to join its new member panel. The UKs largest lettings redress scheme, covering more than 13,250 letting agency branches, launched the panels as new, open, and transparent forums to b
MPs have voted against an amendment to prevent a tax cut from applying to buyers of second and additional homes. During a debate on the Stamp Duty Land Tax (Reduction) Bill, Opposition Treasury Secretary Abena Oppong-Asare said that a clause which increases the threshold for peo
According to a new report just out by the Resolution Foundation (RF), UK households face a torrid time in the coming months in what is going to be the worst cost-of-living crisis in living memory. Its the aftermath of a Covid pandemic that involved massive Government borrowin
https://www.landlordzone.co.uk/news/judge-slams-arrogant-landlord-after-illegal-eviction-of-tenant-during-covid/" Rent Repayment Order (RRO) applications dropped significantly last year as tenants were put off by more restrictive Upper Tribunal and Court of Appeal decisio
Housing groups across Greater https://www.landlordzone.co.uk/news/latest-manchester-landlords-given-last-chance-to-comment-on-licensing-expansion/" Manchester have urged MPs and local policymakers to step in and protect tenants from eviction, warning that the system is no
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
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
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
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
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
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
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
