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The Boris Bounce? It never existed, claims estate agency

The so-called ‘Boris bounce’ in the housing market after the last General Election failed to materialise, an estate agency chain claims. Winkworth,...

26 March 2024

From: Breaking News

UK housing is expensive, small and old - new report

Britain’s housing stock offers the worst value for money of any advanced economy, according new analysis published by the Resolution Foundation. The...

25 March 2024

From: Breaking News

Trading Standards defends new property sales process

Trading Standards has defended the introduction of ‘material information’ requirements on details of properties for sale, after a conveyancer warned landlords...

25 March 2024

From: Breaking News

Councils combine to take rogue HMO landlord to court

A landlord referred to only as ‘Mr Gurung’ has been named by two councils as being penalised £3,000 for an overcrowded...

25 March 2024

From: Breaking News

Controls over Airbnbs to be relaxed in near future

While parts of Britain are considering tightening rules over Airbnbs and other short lets, the Channel island of Jersey appears to...

25 March 2024

From: Breaking News

Free training for landlords with cooperation of the NRLA

Landlords can benefit from a wealth of free training, courtesy of a north of England council. Cumberland council is providing the training...

25 March 2024

From: Breaking News

Landlords selling up may face higher costs, warns conveyancing solicitor

Landlords quitting the sector could have to spend hundreds of pounds more when selling their home owing to new Trading Standards...

22 March 2024

From: Breaking News

Scrapping Section 21 is landlords' headache - and backfiring on Gove

The removal of Section 21 notices and the end of fixed-term tenancies are the two issues that concern landlords the most,...

22 March 2024

From: Breaking News

Older Renters’ group takes up Generation Rent’s demands

A charity representing older people has taken up almost all of the key demands of activist group Generation Rent. Independent Age says...

22 March 2024

From: Breaking News

Owners with solar panels claim improved heating and lower bills

New research from Halifax reveals that investing in solar panels leads to possible cost and energy savings for landlords and other...

22 March 2024

From: Breaking News

Energy Theft is ticking time bomb for rental sector - claim

Anonymous reports of energy theft have skyrocketed by 62% since 2021, Crimestoppers’ figures reveal.  In 2023 alone, the charity received 11,552 reports...

22 March 2024

From: Breaking News

Landlords who sold earlier ‘may still benefit from tax cut’ - claim

Landlords who paid Capital Gains Tax at 28% - before the Chancellor reduced it to 24% in this month’s Budget -...

21 March 2024

From: Breaking News

Council Tax Rebates for renters - think tank’s suggestion

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

21 March 2024

From: Breaking News

Interest rates may drop, whatever today’s Bank of England decision

Slowing inflation may - just may - lead the way for reduced interest rates. The headline inflation rate is now just 3.4%,...

21 March 2024

From: Breaking News

MPs want Local Housing Allowance and other benefits updated annually

An all-party House of Commons committee is calling on Local Housing Allowance to be updated automatically and annually. LHA rates have been...

21 March 2024

From: Breaking News

HMRC’s embarrassing U-turn on Self-Assessment Helpline closure

HM Revenue and Customs has done a rapid U-turn on a decision to close its self-assessment telephone helpline for half the...

21 March 2024

From: Breaking News

The Truth - landlords add billions to economy, and house millions of people

Some of the biggest names in the trade, lending and advisory sectors have produced a report outlining the vast significance that...

20 March 2024

From: Breaking News

Controversial council wants every single private rental home licensed

Private landlords applied for licences covering more than 12,000 homes during the first year of a controversial council’s selective licensing scheme. The...

20 March 2024

From: Breaking News

New HMO clampdown launched by Labour council

A new additional HMO licensing scheme is about to hit landlords in part of London.  Haringey council claims its initiative aims to...

20 March 2024

From: Breaking News

Rents rising above-inflation despite growing stability

Rental growth continued to cool in February, says the latest market snapshot from lettings agency Hamptons.   Last month, the average rent on...

20 March 2024

From: Breaking News

Empty Homes Scandal - TV property guru on the warpath

Homes Under The Hammer property expert Lucy Alexander is fronting a new campaign to identify empty homes and bring them back...

20 March 2024

From: Breaking News

Senior Labour figures divided over rent controls

Labour leader Sir Kier Starmer and the party’s controversial Mayor of London Sadiq Khan are at loggerheads over rent controls. Khan has...

19 March 2024

From: Breaking News

Airbnb Camera ban - new concerns over landlords’ insurance

Insurance experts claim there are new issues facing short-let landlords following Airbnb's worldwide ban on the use of security cameras inside...

19 March 2024

From: Breaking News

Gove ‘to rely on Labour to pass Renters Reform Bill’

A newspaper reports that Housing Secretary Michael Gove is willing to rely on Labour votes to pass the Renters Reform Bill...

19 March 2024

From: Breaking News

Landlord harassed tenants - ending up in court and fined

A landlord has been ordered to pay £2,500 in fines, compensation and costs after a council brought a prosecution against him. Jama...

19 March 2024

From: Breaking News

Pet Damage revealed in new costs survey

A personal finance company has attempted to quantify the costs of pet damage at a property.  Novuna polled over 2,000 UK homeowners...

19 March 2024

From: Breaking News

Property values still thousands below peak despite good start to 2024

The average price of property coming to the market for sale rises by 1.5% (+£5,279) this month to £368,118, as the...

18 March 2024

From: Breaking News

Tax Shock - did the Budget REALLY reduce Capital Gains Tax?

Some 89% of higher-rate and 100% of lower-rate taxpaying landlords who sell will see their Capital Gains Tax bill rise in...

18 March 2024

From: Breaking News

Jeremy Hunt has “rendered hundreds of businesses unviable - overnight”

The Chancellor has rendered hundreds of lettings businesses unviable overnight as a result of his Budget tax clampdown. That’s the view of...

18 March 2024

From: Breaking News

Complaints about letting agents soar, claims redress service

There’s been a large rise in complaints and a huge increase in compensation according to figures out today from the Property...

18 March 2024

From: Breaking News

Critical week ahead for interest rates and inflation

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

18 March 2024

From: Breaking News

Capital Gains Tax cut won’t encourage landlords to sell - agent

A prominent agent who advises many landlord clients says the Capital Gains Tax cuts announced in the Budget are too small...

15 March 2024

From: Breaking News

Rent fall could be start of market turnaround, says website chief

Newly released data by flatshare website SpareRoom reveals average rental prices in Greater London have seen a drop. Average rental prices in...

15 March 2024

From: Breaking News

Renting is now Long Term - whether tenants want it or not

Renting is becoming increasingly long-term, a new survey suggests. Monta Capital asked 1,586 UK renters about their experiences. Some 24% have been renting for...

15 March 2024

From: Breaking News

Rents rise in most areas as landlords quit lettings sector

A new market snapshot from the Royal Institution of Chartered Surveyors shows tenant demand rising but at a rather more modest...

15 March 2024

From: Breaking News

Planning Row Landlord forced to pay over £220,000

A landlord who illegally converted a property into six flats has been ordered to pay more than £220,000. A previous unlawful change...

15 March 2024

From: Breaking News

Gove urged to force landlords into deals with tenants in arrears

A string of debt advice charities want Housing Secretary Michael Gove to go well beyond merely banning Section 21 in a...

14 March 2024

From: Breaking News

Landlord fined thousands for not handing over paperwork to council

A council is warning landlords and tenants after one landlord was ordered to pay more than £4,700 in fines and costs...

14 March 2024

From: Breaking News

Mortgages - many landlords to renew rates soon, says lender

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate...

14 March 2024

From: Breaking News

Bond scheme will oblige landlords to let out at ‘affordable rents’

A council says a new bond scheme designed to increase the quality and availability of affordable housing for private renters across...

14 March 2024

From: Breaking News

Anxiety over financial issues plague landlords - new figures

A new survey reveals what it calls “the deep-rooted concerns” of landlords with inflation and the Cost of Living Crisis coming...

14 March 2024

From: Breaking News

Tory slams Gove’s “wretched restrictions” on Section 21 and short lets

A Tory has slammed the proposed clampdown on short lets proposed by Housing Secretary Michael Gove - and he calls them...

13 March 2024

From: Breaking News

Massive rise in complaints from social housing tenants

The Housing Ombudsman has revealed figures showing huge increases in the numbers of complaints from tenants on social housing. The Ombudsman says...

13 March 2024

From: Breaking News

Agency issues warning to landlords as tenant demand drops

The number of new rental instructions in February was 20 per cent higher year-on-year, says London-focused agency Foxtons. Average rent achieved rose...

13 March 2024

From: Breaking News

NRLA leading free council teach-in for private landlords

Uttlesford District Council's annual Landlord Forum, in partnership with the National Residential Landlords Association will take place on Tuesday May 14...

13 March 2024

From: Breaking News

Airbnb bans security cameras inside rental properties

Airbnb is banning the use of security cameras inside rental properties from the end of April. Airbnb currently allows security cameras in...

13 March 2024

From: Breaking News

Locations slammed for failing to meet energy efficiency targets

New analysis claims that the North East of England has made “no progress on greening the highest-emissions homes in 13 years.” Meanwhile,...

12 March 2024

From: Breaking News

Bad landlords get short pricey licences - good landlords get the reverse

A council is launching an innovative scheme whereby good landlords get long licences - and poor ones get short licences. Gloucester council...

12 March 2024

From: Breaking News

Rents slump up to 10% as new tenants fail to materialise

Latest data from agency Chestertons reveals a 125 per cent increase in the number of landlords choosing to reduce asking rents...

12 March 2024

From: Breaking News

Landlords make huge contribution to local economies - new figures

New research from specialist lender Aldermore reveals the financial boost landlords provide to local economies.  Nearly eight out of ten landlords opt...

12 March 2024

From: Breaking News

Leasing scheme for landlords to be discussed at event with NRLA

Neath Port Talbot council plans to host a free event, providing what it calls “support and funding advice for landlords.” The Private...

12 March 2024

From: Breaking News

Landlord Tax Changes - how the government has got it wrong

The chief executive of a short lets service says Chancellor Jeremy Hunt is wrong to think penalising landlords will help solve...

11 March 2024

From: Breaking News

Capital Appreciation boost as prices nearly back to 2022 peak

UK house prices rose for the fifth consecutive month in February, up by 0.4 per cent or £1,091 in cash terms,...

11 March 2024

From: Breaking News

Green activist fighting election on Rent Controls platform

A prominent Green Party politician is arguing for rent controls - and accuses Labour of watering down its commitment to the...

11 March 2024

From: Breaking News

Landlord Licensing - drop-in events to be part of formal consultation

Another council is consulting about a controversial selective licensing scheme.  North Lincolnshire council says the proposed scheme is “designed to improve housing...

11 March 2024

From: Breaking News

Working From Home adds to pressure to raise rents - claim

Towns within commuting distance of big cities have seen some of the UK’s largest rent rises in recent years, says Zoopla. The...

11 March 2024

From: Breaking News

Estate agents back Airbnb clampdown “to be on same terms as rental sector”

Agents’ trade body Propertymark has called for equal parity between short-term lets and the private rented sector to ensure they meet...

08 March 2024

From: Breaking News

Landlords ‘should only get lower tax if they sell with sitting tenants’

An activist group is demanding that the lower Capital Gains Tax should apply only to landlords who sell with sitting tenants. In...

08 March 2024

From: Breaking News

Newspaper claims Renters Reform Bill “on brink of collapse”

A national newspaper says the Renters Reform Bill is “on the brink of collapse” as Tory MPs are divided on their views...

08 March 2024

From: Breaking News

Jeremy Hunt slashes the values of holiday homes

A legal firm says Chancellor Jeremy Hunt has effectively slashed the value of holiday homes which are sold from April 2025...

08 March 2024

From: Breaking News

Pet-owning tenants ‘cause less damage than non-owners’ - new figures

Landlords are being accused by academics of under-estimating the cost of allowing pets, and under-estimating their financial benefits. A new report commissioned...

08 March 2024

From: Breaking News

Did Generation Rent see a different Budget to the rest of us?

In what may appear a surprise to almost everyone, the Generation Rent activist group has described yesterday’s Budget as a “giveaway...

07 March 2024

From: Breaking News

Lacklustre Budget slammed by landlord body

The National Residential Landlords Association has slammed yesterday’s lacklustre Budget as a missed opportunity. Yesterday’s announcements - like to be the last...

07 March 2024

From: Breaking News

Budget Silver Lining - house prices to fall less than expected

One piece of good news to come out of the small print documents accompanying the Budget concerns capital appreciation. The Office for...

07 March 2024

From: Breaking News

Police and council back landlord’s Section 8 notice on nuisance tenant

Liverpool council and Merseyside Police have secured the eviction of a private tenant making life ‘a nightmare’ for the local community. The...

07 March 2024

From: Breaking News

Two landlords to pay £600,000 for ignoring planning and improvement notice

A London council has successfully prosecuted two landlords who failed to comply with a planning enforcement notice originally issued against substandard...

07 March 2024

From: Breaking News

Capital Gains Tax change revealed in Budget

The Chancellor has used his Budget to confirm a 2p cut in National Insurance, from April 6. This will take it...

06 March 2024

From: Breaking News

Eco-activists slam landlords selling up because of rent controls

Green Party activists responsible for rent controls on Scotland have now slammed landlords who claim the number of rented homes is...

06 March 2024

From: Breaking News

NRLA and Generation Rent argue over tax ahead of Budget

In a final call on the Chancellor to help the private rental sector in today’s Budget, the National Residential Landlords Association...

06 March 2024

From: Breaking News

300 per cent council tax premium proposed for long-term empty homes

Cardiff council is proposing new measures to help bring long-term empty houses back into use. Tomorrow it’s considering introducing a council tax...

06 March 2024

From: Breaking News

New league table identifies best yields for landlords

Buy to let lender Aldermore has named Bristol, as the best city for landlords to invest in for 2024.  Manchester, Coventry, Brighton...

06 March 2024

From: Breaking News

Four figure fine for failing to produce gas certificates

A landlord who failed to produce annual gas safety certificates as she ignored warnings from a council, has left court with...

06 March 2024

From: Breaking News

I Quit!  Landlord sells up because of “unfair” licensing regime

A landlord has quit the private rental sector after a battle with his council over why his properties were put into...

05 March 2024

From: Breaking News

Radical reforms to rejuvenate renting, by industry commentator

A property industry commentator has set out what he calls a plan of action to rejuvenate the buy to let sector. Jonathan...

05 March 2024

From: Breaking News

E-bike Charging - worry over fire risk in rental properties

Despite several fires in rented properties, the government is proposing to double the maximum legal power of e-bikes. A Department of Transport...

05 March 2024

From: Breaking News

Budget Must Fix Housing Benefit, says NRLA

Almost a million private rented households reliant on Universal Credit experience a shortfall between the benefit payments they receive and the...

05 March 2024

From: Breaking News

Rent up, Voids down - new snapshot of lettings market today

The latest Rental Index from PropTech supplier Goodlord has recorded a rent rise and a reduction in void lengths over the...

05 March 2024

From: Breaking News

Tax Grab from landlords closely resembles Generation Rent advice

A controversial proposal for a £300m tax grab on landlords appears to closely follow a policy suggestion put forward by activists...

04 March 2024

From: Breaking News

Khan funds group “intervening on the doorstep” at evictions

London Mayor Sadiq Khan is demanding the government finally abolish Section 21 eviction powers - and claims over 30,000 households in...

04 March 2024

From: Breaking News

Another council jumps on the selective licensing bandwagon

Yet another council is consulting on whether to continue a selective licensing scheme. The scheme applies to several areas of Burnley and...

04 March 2024

From: Breaking News

Agent urges price-sensitivity despite strong housing market data

UK house prices rose by 0.7 per cent in February, says the Nationwide, after taking account of seasonal effects.  This resulted in...

04 March 2024

From: Breaking News

NRLA accused of putting landlord profits before society’s interests

A leader of the Renters Reform Coalition activist lobby has made a specific targeted attack on the motives and honesty of...

04 March 2024

From: Breaking News

Tax Raid planned on landlords in Budget - report

The Budget on Wednesday will contain a £300m tax raid on the private rental sector according to a report this morning...

03 March 2024

From: Breaking News

Three-tier housing market now operating - Zoopla

Zoopla’s latest market snapshot, used as a guide to capital appreciation by some landlords, says there’s now a three-tier housing market...

01 March 2024

From: Breaking News

Millennials to become the wealthiest generation ever - claim

Millennials, long seen as a financially disadvantaged generation, are on the brink of becoming the wealthiest generation in history thanks to...

01 March 2024

From: Breaking News

Generation Rent: homeless data shows “whole new level of horror”

Activist group Generation Rent has described the latest homelessness data from the government as showing “a whole new level of horror.” It...

01 March 2024

From: Breaking News

Supporters of council selective licensing start rearguard action

Supporters of council selective licensing start rearguard action  Some of those involved in local councils have started a campaign to save selective...

01 March 2024

From: Breaking News

First Time Buyers fail to take hundreds of millions in cash help

An analysis of government data suggests that potential first time buyers have failed to take advantage of literally hundreds of millions...

01 March 2024

From: Breaking News

Landlords urge speedy action on compromise Renters Reform Bill

The National Residential Landlords Association says it wants a speedy implementation of the Renters Reform Bill to avoid uncertainty - and...

29 February 2024

From: Breaking News

Letting agents demand banks cut mortgage rates

The letting agents’ trade body has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically decided...

29 February 2024

From: Breaking News

Renters Reform Bill compromise 'near' but activists re-ignite arguments

Generation Rent has issued an angry statement about amendments to the Renters Reform Bill - just as one MP says agreement...

29 February 2024

From: Breaking News

Investor opportunities as down-valuations increase

New reports suggest down valuations are increasing and properties are routinely selling for below asking price - both triggering possible opportunities...

29 February 2024

From: Breaking News

Housing market ‘back to normal’ across most of UK - new stats

A property firm which has analysed transactions across the UK suggests the market is, at last, ‘back to normal’ in almost...

29 February 2024

From: Breaking News

Lawyer steps up criticism of Gove’s attack on private landlords

A prominent lawyer has stepped up her criticisms of Housing Secretary Michael Gove and his attacks on buy to let and...

28 February 2024

From: Breaking News

New attack on Airbnb landlords - possible charge for bin collections

Media outlets in Scotland are reporting that Edinburgh council is considering charging short let landlords for bin collections. The plans are to be...

28 February 2024

From: Breaking News

Call for eco-tax incentives to make landlords improve, and not sell

Rightmove is calling on Chancellor Jeremy Hunt to use next week’s Budget as an opportunity to incentivise landlords to make properties...

28 February 2024

From: Breaking News

Ouch! Landlord hit with £1.4m Proceeds of Crime penalty

A landlord who was involved in a decade-long dispute with a London council has been hit with a £1.44 million penalty...

28 February 2024

From: Breaking News

Short Lets Crackdown - Labour council worry over brothels and parties

Government proposals on limiting short lets "fall a long way short of what's needed and will do nothing to put right...

28 February 2024

From: Breaking News

Councillors make ‘breakthrough’ proposal for improving rental EPCs

SNP councillors in Scotland have come up with an innovative suggestion to improve energy efficiency in private rental properties. They want councils...

27 February 2024

From: Breaking News

Landlord secures buy to let remortgage in 37 working hours

The bank Shawbrook has completed a buy to let remortgage for a new customer in just 37 working hours.  The landlord was...

27 February 2024

From: Breaking News

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