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Worst house price falls for 15 years reported by lender

The average price of a home in Wales fell to £234,086 at the end 2023 following continued economic and financial pressures,...

30 January 2024

From: Breaking News

MPs want landlord experiences of disabled people in rental sector

The all-party Levelling Up, Housing and Communities Committee of MPs is looking into housing for disabled people.  It’s considering how the government, local...

30 January 2024

From: Breaking News

Anti-fraud protection offer for landlords

The National Residential Landlords Association has teamed up with a provider of so-called ‘smart property protection technology’. This means that landlords can...

30 January 2024

From: Breaking News

Did most landlords actually expand their portfolios in 2023?

A majority of Buy to Let landlords have been focused on growing property portfolios in the last 12 months, and not...

30 January 2024

From: Breaking News

“Don’t Serve Notice On Tenants” council tells landlords

‘Save the tenancy – don’t serve notice.’ That’s the message to landlords from a west country council. Landlords and tenants are being...

29 January 2024

From: Breaking News

Will Hunt listen to rental proposal that gives £10 billion to the Treasury?

Increasing the supply of homes for private rent would boost government finances by £10 billion, says the National Residential Landlords Association. The...

29 January 2024

From: Breaking News

Tax: Airbnb to data-share with HMRC “because landlords want to pay”

Airbnb says it will continue to share hosting data with HMRC because its landlord hosts want to pay their fair share...

29 January 2024

From: Breaking News

Veteran Labour MP claims “Rachmanite” landlords cause misery

A veteran MP claims that tenants in the region where his constituency sits are being “dreadfully exploited” by what he calls...

29 January 2024

From: Breaking News

Energy Efficiency key to property holding value - housing expert

A property expert claims capital values on properties should drop significantly if they are not considered appropriately energy efficient. “Homes which aren’t...

29 January 2024

From: Breaking News

HMRC warning as thousands of landlords risk missing tax deadline

HM Revenue and Customs says that its latest data - one week ahead of the January 31 Self Assessment deadline -...

26 January 2024

From: Breaking News

Council says Airbnb needs planning consent after years of short-letting

A flamboyant property in Oxford which has been the subject of a decades-long planning dispute has been removed from Airbnb by...

26 January 2024

From: Breaking News

Rental listings should include energy efficiency details - new call

An energy industry supplier claims that the housing sector in the UK offers too little help for those wanting to live...

26 January 2024

From: Breaking News

Council Warns Landlords - big crackdown is coming this year!

A council is warning landlords of HMOs that they must meet all of their legal responsibilities ahead of a crackdown on...

26 January 2024

From: Breaking News

NRLA and council lettings agency organising forum for landlords

Landlords are being invited to a forum organised by a council’s own private lettings service and the National Residential Landlords Association. The...

26 January 2024

From: Breaking News

Row over Sunak’s ‘British Homes for British People’ proposal

A newspaper claims that Prime Minister Rishi Sunak wants British families to be given higher priority for social housing. Implicitly this may...

25 January 2024

From: Breaking News

Selling Up? Rightmove reveals optimum date and tips for speedy sales

Landlords considering selling up have received guidance from Rightmove on when to do it and how. The portal claims February is the...

25 January 2024

From: Breaking News

Shelter links with High Street bank to campaign on housing

HSBC bank is working with Shelter on housing campaigns. A statement from the charity says: “With support from partners including HSBC UK,...

25 January 2024

From: Breaking News

Free in-person event for landlords in buy to let hotspot

Scottish property portal ESPC has announced a free Buy To Let event targeted at aspiring property investors and landlords. The event will...

25 January 2024

From: Breaking News

Rental sector blighted by longer contractor repair delays - Fixflo

The UK’s private rental sector grapples with a surge in waiting times for contractor appointments, according to industry supplier Fixflo.  A new...

25 January 2024

From: Breaking News

Scrap Stamp Duty for landlords urges respected independent expert

Paul Johnson - a director of the Institute of Fiscal Studies since 2011 and a visiting economics professor at University College...

24 January 2024

From: Breaking News

Huge rise in councils using bailiffs to recover unpaid rent

Some local authorities are quick to criticise private landlords for trying to avoid rent arrears but it appears councils themselves have...

24 January 2024

From: Breaking News

Mortgage lender launches new range to target more landlords

A range of specialist buy to let mortgage products covering multi-occupancy properties, mixed-use or part-commercial properties, and expat investors, has been...

24 January 2024

From: Breaking News

Council sets up its own agency to manage private rental units

Winchester council is setting up its own agency to let and manage privately rented homes. Venta Living pledges to provide “high quality,...

24 January 2024

From: Breaking News

Most private tenants have problems with property conditions - claim

Two thirds of private renters have experienced a problem with the quality or condition of their property in the past six...

24 January 2024

From: Breaking News

Capital Gains Tax burden forces landlords to defer sales plans

A new study by the National Residential Landlords Association suggests some landlords wanting to quit the private rental sector have deferred...

23 January 2024

From: Breaking News

Amendments to Renters Reform Bill backed by senior industry figure

Amendments to the Renters Reform Bill, designed to give landlords more protection, have won the backing of a prominent industry figure. Neil Cobbold,...

23 January 2024

From: Breaking News

Chaos! Confusion over identity and power of new Private Rental Ombudsman

The identify of the service running the upcoming Private Rental Sector Ombudsman scheme has been thrown into doubt once more. The Renters...

23 January 2024

From: Breaking News

Activists make string of demands about damp and mould

The Generation Rent activist group has called for a series of reforms about damp and mould. It wants the reinstatement of energy...

23 January 2024

From: Breaking News

Another council raising revenue through licensing scheme

Warwick council is the latest to launch an Additional Licensing Scheme - it came into force just before last weekend. The district...

23 January 2024

From: Breaking News

Renters may become first time buyers with just one per cent deposit

The government is considering allowing renters to buy their first homes with just one per cent deposits, according  to press reports...

22 January 2024

From: Breaking News

MPs want stricter damp, mould and housing standards imposed on landlords

Urgent action is needed by government to protect tenants who live in poor quality private rented homes, MPs have demanded. A report...

22 January 2024

From: Breaking News

Labour council doubles tax on short lets and second homes

Labour-controlled Haringey Council in London says the owners of short lets and furnished holiday homes will be forced to pay double...

22 January 2024

From: Breaking News

Letting agents could face regulation under Labour amendment tactic

Labour is using a Bill currently going through Parliament as a backdoor method to introduce the regulation of lettings, estate and...

22 January 2024

From: Breaking News

Long term capital appreciation dips for most recent sellers

The average home in England and Wales bought within the last 20 years and sold in 2023 achieved £102,650 or 48...

22 January 2024

From: Breaking News

NRLA accepts S21 abolition but wants “pragmatic” amendments to Bill

The National Residential Landlords Association is urging MPs to back what it describes as “pragmatic” changes to the Renters Reform Bill...

19 January 2024

From: Breaking News

Long-term population rise to put more pressure on rental market

There will be long term pressure on housing affordability and the private rental sector if demographic forecasts from a range of...

19 January 2024

From: Breaking News

Landlords lack skills to be more energy efficient - bank claim

New research published by Lloyds Banking Group during Energy Saving Week has revealed the lack of confidence and skills gaps landlords...

19 January 2024

From: Breaking News

Landlord leaders and Housing Minister to address conference next month

The housing minister and the chief executive of the National Residential Landlords Association are amongst 60 speakers named for an upcoming...

19 January 2024

From: Breaking News

Normality Returns - London rental market returning to stability at last

Two new reports - from lettings agency Foxtons and data consultancy LonRes - show London’s rental market returning to pre-pandemic normality. Foxtons...

19 January 2024

From: Breaking News

Record rent rise in 2023 according to new government figures

The Office for National Statistics says private rents in England experienced a 6.1 per cent rise in 2023, the sharpest annual...

18 January 2024

From: Breaking News

Banning order victory for council after landlord appeal

Newham council in London has won what it calls a landmark case against a convicted rogue landlord. The court has dismissed the...

18 January 2024

From: Breaking News

New mortgage targets landlords planning ‘light refurbs’ on BTL properties

The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...

18 January 2024

From: Breaking News

Red Sea inflation fears put the brakes on rate cut fever

A prominent analyst says the threat of rising inflation caused by the Red Sea shipping attacks - on top of this...

18 January 2024

From: Breaking News

Yield league table shows best (and worst) performing regions

A respected league table of yields in different parts of England and Wales has issued its latest figures. The Fleet Mortgages Buy-to-Let...

18 January 2024

From: Breaking News

Up to ONE MILLION new rental homes needed in just seven years

A new analysis of the private rental sector suggests that between 800,000 and one million more homes are required to meet...

17 January 2024

From: Breaking News

Rent Control Mayor dismissed as “well meaning but naive”

Rents across the UK continue to retreat from their 2023 highs, falling by 2.9 per cent over the last three months,...

17 January 2024

From: Breaking News

Landlord Alert - warning about defective CO alarms sold online

The think tank Policy Connect is warning that landlords have reported that sub-standard carbon monoxide alarms are persistently available online, leaving...

17 January 2024

From: Breaking News

Council slammed for series of failings as a social landlord

The Housing Ombudsman - which assesses problems involving social housing landlords - has found severe maladministration in four cases involving Croydon...

17 January 2024

From: Breaking News

Interest Rates - new doubt that the Bank of England will cut

The yo-yo economic news is now casting doubt on whether the Bank of England will cut base rate as quickly as...

17 January 2024

From: Breaking News

Late payments and mortgage defaults on the rise, survey suggests

Landlords increasingly struggle with tenants who pay rent late or default, a mortgage lender is claiming.  Research from Molo suggests landlords are...

16 January 2024

From: Breaking News

City Flats Are Back - landlords buy urban units as office working returns

UK landlords are doubling down on urban flats amidst a slow but definite return to conventional office working. Data from Shawbrook Bank...

16 January 2024

From: Breaking News

NRLA boss backs Labour Mayor’s clampdown on rogue landlords

Proposals for a ‘good landlord’ scheme in Greater Manchester have won the personal backing of the chief executive of the National...

16 January 2024

From: Breaking News

Insurer talks up personal guarantee demands expected by lenders

An insurance firm claims landlords shopping for a new mortgage deal may be expected by lenders to prepare personal guarantees. Purbeck claims...

16 January 2024

From: Breaking News

Commercial landlords more optimistic despite economic headwinds - lender

Despite inflationary and mortgage volatility over the last 12 months, a mortgage lender claims over a third of commercial landlords are...

16 January 2024

From: Breaking News

Daylight Robbery? Council’s 60 per cent rise in fees on landlords

Landlords who fail to ensure their private rented homes meet required standards face massively increased charges from a council. Bath & North...

15 January 2024

From: Breaking News

Tax nightmare for landlords leads to huge rise in buy to let companies

Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...

15 January 2024

From: Breaking News

Pets In Lets - still a minority of landlords happy to see them

Another survey highlights the relatively low proportion of landlords who appear to allow tenants to keep pets. The analysis, from Confused.com Mortgages,...

15 January 2024

From: Breaking News

Upbeat Housing Market start to 2024 reports Rightmove

Average new seller asking prices rose 1.3 per cent between December and January - the biggest rise at this time of...

15 January 2024

From: Breaking News

Energy Efficiency of homes should determine social rent levels - call

A think tank says rents set in the social sector should reflect the energy efficiency of a property. It’s one of a...

15 January 2024

From: Breaking News

Landlords warned to check dates of gas safety certificates

While most landlords will be aware of the fact, they are required by law to renew the gas safety certificate for...

12 January 2024

From: Breaking News

No new law planned for private landlords and mould

There is to be no comparable law for private landlords, following the introduction of Awaab’s Law. Earlier this week the Department of...

12 January 2024

From: Breaking News

Airbnb gives its landlords tax tips to satisfy HMRC

Airbnb has taken further steps to get in the good books of HMRC by issuing a guide on tax for its...

12 January 2024

From: Breaking News

Free Renters Reform Bill teach-in for landlords of students

As the Renters Reform Bill heads towards the House of Lords, a free webinar is targeting landlords operating in the student...

12 January 2024

From: Breaking News

Rents dip slightly in almost every UK region

The latest HomeLet rental index begins 2024 with a glimmer of hope for tenants as rents have fallen for the second...

12 January 2024

From: Breaking News

Section 21: Rental sector supplier hits back at Citizens Advice claims

A rental sector insurance firm has hit back at claims made about Section 21 by the charity Citizens Advice. A spokesperson for...

11 January 2024

From: Breaking News

Over 1.5m private tenants to be better off thanks to LHA move

An estimated 1.6m private renters are set to receive an uplift to their housing support for 12 months from April 2024,...

11 January 2024

From: Breaking News

Capital appreciation rising according to another house price index

Another house price index has indicated a gentle rise in capital appreciation coming through at the end of 2023. Richard Sexton, director...

11 January 2024

From: Breaking News

NRLA beefs up top team ahead of Renters Reform Bill

The National Residential Landlords Association haas revealed two new appointments which it says “will enhance the service to its members as...

11 January 2024

From: Breaking News

Lettings Super-Agency manages over 150,000 tenanted properties

A merger of two of the biggest names in the lettings agency world will mean the combined group managing 152,000 rental...

11 January 2024

From: Breaking News

Mandatory Short Lets registration scheme introduced in part of UK

A mandatory short lets registration and licensing scheme is to be introduced in part of the UK, described as a system...

10 January 2024

From: Breaking News

Council wants private landlords as part of “real decisive action”

A Labour-controlled council is inviting private rental sector representatives to a round-table event which it pledges will not be a talking...

10 January 2024

From: Breaking News

Rent Control proposals are complex, costly and won’t work - claim

New rent control proposals put forward by politicians are unnecessary and too costly according to a leading property expert.  David Alexander -...

10 January 2024

From: Breaking News

Building society scraps mortgage application fees for landlords

The Penrith Building Society has scrapped mortgage application fees for all buy to let and residential  products, including further advances, until...

10 January 2024

From: Breaking News

Labour Mayor’s landlord clampdown backed by Build To Rent group

The Build To Rent trade body, the UK Apartment Association, is backing the proposals outlined to clampdown on rogue landlords put...

10 January 2024

From: Breaking News

Auctioneer says the future is online bidding, not in-person

Landlords have long been a backbone of the auction industry but one player in the sector says the future is online...

10 January 2024

From: Breaking News

Tough EPC targets to return despite Sunak’s U-turn - new warning

There’s a warning this morning that stricter Energy Performance Certificate measures for the private rental sector may not have gone, after...

09 January 2024

From: Breaking News

Time limits for landlord repairs proposed as part of Awaab’s Law

New plans to clamp down on rogue social landlords who fail to provide safe homes have been announced today. This is part...

09 January 2024

From: Breaking News

Building Society warns it may stop lending on holiday lets

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

09 January 2024

From: Breaking News

NRLA welcomes Labour Mayor’s ‘get tough on landlords’ consultation

The National Residential Landlords Association has welcomed a consultation proposal by Greater Manchester’s Labour Mayor, Andy Burnham. Burnham’s Greater Manchester Good Landlord...

09 January 2024

From: Breaking News

Landlord fined by council for failing to carry out repairs

A London council has prosecuted a landlord for failing to carry out repairs on his property and causing a severe health...

09 January 2024

From: Breaking News

Activist slams bank boss for telling buyers to save for deposits

The chief executive of Generation Rent has slammed the chair of the NatWest Bank for comments over first time buyers. At the...

08 January 2024

From: Breaking News

Analyst warns house price boost “like a dodgy prawn at a buffet”

Analysts have warned landlords and others interested in the housing market from celebrating too much following the latest Halifax index figures. The...

08 January 2024

From: Breaking News

Has your tenant been told to wait for the bailiff to arrive?

The National Residential Landlords Association wants to show the government that some local councils still advise tenants served with a valid...

08 January 2024

From: Breaking News

Crisis? What Crisis? House prices actually WENT UP in 2023

The latest Halifax house price index shows average house prices rose by 1.1 per cent in December, the third monthly rise...

08 January 2024

From: Breaking News

Landlords taking legal action against ‘eye watering’ council licensing

Four landlords are contemplating seeking a judicial review of a council’s proposed licensing scheme extension. Middlesbrough council is consulting on extending its...

08 January 2024

From: Breaking News

Labour plan to give tenants a right to demand Property Checks

Labour’s Mayor of Greater Manchester and former Cabinet minister Andy Burnham says this year is when he will ”get serious” about...

05 January 2024

From: Breaking News

Warning to landlords and tenants over fake energy schemes

Letting agents’ trade body Propertymark has issued a warning to the rental sector about scams based on energy efficiency measures.  An increase...

05 January 2024

From: Breaking News

Budget - landlords have three weeks to give Hunt advice

HM Treasury has opened its representations portal, meaning landlords - and anyone else - can submit their ideas for the next...

05 January 2024

From: Breaking News

Landlords without central heating offered financial incentives

Renters and landlords of properties without gas central heating can now get energy saving green measures installed free of charge or...

05 January 2024

From: Breaking News

Another council leaps on landlord licensing gravy train

Middlesbrough is the latest council wanting to expand its landlord licensing regime. It’s consulting on extending its existing scheme to another ward. The...

05 January 2024

From: Breaking News

BTL Mortgage Rates slashed by prominent specialist lender

One of the UK’s best known platforms for mortgages has significantly reduced its Buy To Let rates. Starting from 3.79 per cent,...

04 January 2024

From: Breaking News

Frustrated returning sellers cut prices - an opportunity for investors?

An analysis of homes that have returned to the market after failing to find a buyer in 2023 suggests that sellers...

04 January 2024

From: Breaking News

Activist group makes formal public apology to landlords' chief

The controversial activist group Acorn has made a formal public apology to the chief executive of the National Residential Landlords Association. On...

04 January 2024

From: Breaking News

Record number of sellers come to market on Boxing Day

Rightmove claims that a new record number of sellers came to market on Boxing Day, with a 26 per cent increase...

04 January 2024

From: Breaking News

Green Mortgages - are they a busted flush?

Awareness of green mortgages is dipping among buyers, according to new research. Almost two thirds of mortgage advisers say their clients have...

04 January 2024

From: Breaking News

Landlords overwhelmingly back Airbnb clampdown - council’s claim

A local authority in a tourist hotspot claims that local landlords have “overwhelmingly” backed a move to clampdown on Airbnbs and...

03 January 2024

From: Breaking News

Higher rents mean first time buyers compromise on size - claim

Escalating rents have led many first time buyers to adjust their property expectations and accept smaller homes when they purchase, a...

03 January 2024

From: Breaking News

HMO licensing scheme is “a step forward” claims council

An additional licensing scheme for HMOs has come into effect in a London borough.  The new scheme will cover properties in Greenwich which...

03 January 2024

From: Breaking News

Landlords upbeat about 2024 prospects despite huge challenges

Some 74 per cent of buy to let landlords are optimistic about the property market in the next 12 months, it’s...

03 January 2024

From: Breaking News

Massive Slump in buy to let lending - mortgage figures

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 -...

03 January 2024

From: Breaking News

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