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Mortgage Chiefs forecast better days for landlords in 2024

Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...

29 December 2023

From: Breaking News

Tax and Energy Efficiency tips dominate agent’s advice to landlords

Online rental platform Lettingaproperty is telling landlords to take a strategic approach to property management in 2024, to help tnavigate legislative...

29 December 2023

From: Breaking News

Latest council licensing scheme takes over £900 from each landlord

A new council licensing scheme has been given the go ahead by the government. Peterborough council’s selective licensing scheme will be run...

29 December 2023

From: Breaking News

2024 - Rightmove’s Forecast for the Housing Market

Rightmove has revealed its forecast for 2024 - and has looked back on the past 12 months. This year, 2023, ends with...

29 December 2023

From: Breaking News

Vast majority of landlords ‘not optimistic’ about 2024

The substantial majority of landlords lack any optimism about their sector as they enter 2024. That’s the result of a new sentiment...

29 December 2023

From: Breaking News

Warning to Airbnb and Short Let hosts over January tax change

Thousands of Britons earning from letting their spare room or using parts of their home on platforms like Airbnb could be...

28 December 2023

From: Breaking News

Gove’s Christmas Gift to Landlords - yet another licensing system

It’s emerged that Housing Secretary approved yet another vast landlord licensing system just days before Christmas. On December Gove gave approval to...

28 December 2023

From: Breaking News

Pet-friendly law change for renters is “good news” insists lettings boss

The head of a major industry service supplier insists the Renters Reform Bill provision making it easier for tenants to keep...

28 December 2023

From: Breaking News

Agent lifts lid on what high-end tenants expect…and what they get

According to a London property management company, the profile of renters in prime London is varying hugely.  Glenfield Property Management says that...

28 December 2023

From: Breaking News

Investors could save tens of thousands with cash-only purchases

A new analysis of discounts available to cash buyer suggests they can save tens of thousands of pounds on some property...

28 December 2023

From: Breaking News

Over 90% of homes could meet EPC rating C or higher - claim

A major property industry supplier claims that the housing sector could meet government targets to improve the Energy Performance Certificate ratings for homes.  Landmark...

27 December 2023

From: Breaking News

Emergency law demanded to regulate Airbnbs and Short Lets

A local authority is calling for emergency legislation to help it and other councils stop the spread of Airbnbs and other...

27 December 2023

From: Breaking News

Rental activists claim public support for radical five point 2024 wish list

The controversial Renters Reform Coalition - a band of campaigners including the Acorn and Generation Rent ginger groups - claims public...

27 December 2023

From: Breaking News

Why are some Labour politicians still arguing for Rent Controls?

A Labour politician has returned to the subject of rent controls - even though the party has officially abandoned this as...

27 December 2023

From: Breaking News

Cash help on rental property refurbs and disability adaptations

A council is developing a new private sector housing renewal and disabled adaptations policy and is seeking the views of landlords,...

27 December 2023

From: Breaking News

Mortgage costs for many landlords rocket upwards - fresh figures

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

22 December 2023

From: Breaking News

Landlords warned over looming electrical checks crisis

Repairs and maintenance supplier Fixflo is warning landlords of a surge in demand for Electrical Installation Condition Reports in the short...

22 December 2023

From: Breaking News

Lloyds Bank unveils latest Build To Rent challenge to Buy To Let

Citra Living, the Build To Rent arm of Lloyds Banking Group, has announced another new scheme. It is a 95-flat development at...

22 December 2023

From: Breaking News

Amended Renters Reform Bill now runs to 155 pages

The Renters Reform Bill in its latest amended version now runs to 15 pages, and is available on the Parliament website. The...

22 December 2023

From: Breaking News

New phased-payments option for tenants booking Airbnb

Airbnb is changing the way prospective tenants can pay.  The launch is part of a phased global roll-out which will see Klarna...

22 December 2023

From: Breaking News

Landlords Warn Tenants - rents up in 2024 thanks to mortgage costs

Almost two thirds of private landlords expect to see their mortgage payments increase over the next 12 months with warnings that...

21 December 2023

From: Breaking News

Landlords intimidate tenants into not reporting faults, says Generation Rent

Christmas goodwill towards landlords seems in short supply from activist group Generation Rent.  It has this week issued a statement saying the...

21 December 2023

From: Breaking News

Inflation Drop’s Big Question - will interest rates fall sooner, not later?

Consumer Price Inflation in November was 3.9 per cent - significantly lower than the 4.4 per cent expected by many analysts. It’s...

21 December 2023

From: Breaking News

Airbnb using AI to clampdown on anti-social tenants during holiday season

Airbnb in the UK is bringing in restrictions on certain bookings over New Year’s Eve to deter guests holding anti-social parties. Proprietary...

21 December 2023

From: Breaking News

HMRC Self-Assessment Helpline slammed for not helping callers

A business consultancy claims the HMNRC Self-Assessment helpline - set up to assist those compiling and filing tax returns as the...

21 December 2023

From: Breaking News

Stark Warning - Britain ‘in grip of damp and mould crisis’

Britain is in the grip of a new mould crisis, a leading property association has warned.  The National Association of Property Buyers...

20 December 2023

From: Breaking News

Soft landing in 2024 but no full-scale recovery - Nationwide

The Nationwide says 2023 has seen a surprisingly-resilient housing market but there will be no full scale recovery in 2024 -...

20 December 2023

From: Breaking News

Landlords still upbeat despite challenges (apparently)

Two-thirds of private landlords in the UK are optimistic about how their property investments will perform in the coming years -...

20 December 2023

From: Breaking News

Energy efficiency rental upgrades slump following government U-turn

Three-quarters of landlords welcome the government’s decision in the autumn to scrap the proposal that all rental property must have an...

20 December 2023

From: Breaking News

Former Tory housing minister lets rip at ‘predatory freeholders’

Former housing minister Rachel Maclean - the victim of a shock sacking by Prime Minister Rishi Sunak last month - has...

20 December 2023

From: Breaking News

Big rise in landlords reducing buy to let portfolios

One in five (20 per cent of) landlords plans to reducing their buy to let holdings according to a new survey. The...

19 December 2023

From: Breaking News

Rental homes blighted by high cost and low quality - claim

Many households are struggling with rising costs, while renters in particular continue to struggle with low quality housing, the Resolution Foundation...

19 December 2023

From: Breaking News

House prices will fall further next year warns the Halifax

House prices may fall by up to four per cent in 2024 the Halifax is warning. Its Outlook for 2024 report says...

19 December 2023

From: Breaking News

Paragon launches nil-fee five-year BTL fixed-rate mortgages

Paragon Bank has launched new five-year fixed-rate buy-to-let mortgages with nil product fees. Rates start at 5.80 per cent and there is...

19 December 2023

From: Breaking News

Another day, another landlord licensing scheme proposed by council

Gedling council in Nottinghamshire is launching a consultation to renew yet another selective licensing scheme. The scheme was launched in 2018 and...

19 December 2023

From: Breaking News

Landlord complaint leads to agency being expelled from Ombudsman scheme

A London lettings agency has been expelled from The Property Ombudsman for not paying compensation to a landlord following a failure...

18 December 2023

From: Breaking News

Generation Rent boss in new attack on landlords

The chief executive of the Generation Rent ginger group has called on his former employer to make a case against landlords,...

18 December 2023

From: Breaking News

Labour council to charge landlords £500 for Improvement Notices

A local authority is introducing charges for the issuing of Improvement Notices to landlords - and has chosen to announce it...

18 December 2023

From: Breaking News

Free event to update landlords on new laws and grants

A local authority is hosting a free event for local landlords which will give them insights into latest developments in the...

18 December 2023

From: Breaking News

Consultation starts on renewing and extending selective licensing regime

Landlords providing much-needed private rented accommodation in part of Merseyside are to fall under an expanded  licensing regime.  Wirral councillors have voted...

18 December 2023

From: Breaking News

Landlord exodus prompts council to spend millions buying homes

A council is to spend £10m to buy homes on the open market to house local people - some at risk...

15 December 2023

From: Breaking News

Lettings market still strong while sales sentiment is ‘less negative’ - RICS

The latest RICS Residential Survey, out today, points to an improved outlook for the housing market, with the more optimistic sentiment...

15 December 2023

From: Breaking News

Landlord Alert - lobby your MP to limit damage from Renters Reform Bill

The National Residential Landlords Association has created two template email letters for landlords to use to urge MPs to minimise damage...

15 December 2023

From: Breaking News

Banning Order and call for people to watch out for rogue landlord

A council has secured a banning order against a landlord, taking effect almost immediately. The order is against Grzegorz Surminski, a landlord...

15 December 2023

From: Breaking News

Rightmove ramps up the hype on new Boxing Day listings

Rightmove is building the hype ahead of its much-vaunted Boxing Day listing of new properties to the market. The portal claims that...

15 December 2023

From: Breaking News

New energy ratings to provide EPCs - government consultation opens

The government has launched a public consultation on a radical new UK home energy rating system to replace the long-standing Standard...

14 December 2023

From: Breaking News

Council urges tenants to report mould and tells landlords what to do

Private tenants are being encouraged by a local council to report damp and mould issues to their landlords. Shropshire council says private...

14 December 2023

From: Breaking News

Shelter boss says “skyrocketing rents” are cause of homelessness

The chief executive of campaigning charity Shelter is blaming “skyrocketing rents” for a crisis of homelessness. As part of an appeal for...

14 December 2023

From: Breaking News

Husband and wife landlords guilty of breaching Prohibition Orders

Landlords Shaun and Laraine Etherington have pleaded guilty to four offences of breaching Prohibition Orders against human habitation at their properties...

14 December 2023

From: Breaking News

Shadow Chancellor Reeves campaigns for selective licensing regime

Labour’s Shadow Chancellor Rachel Reeves has campaigned for a selective licensing regime in her Leeds constituency. She joined the city council leader...

14 December 2023

From: Breaking News

Gove slams council that boasts of clampdowns on private landlords

Michael Gove has written to 10 social housing providers - housing associations and councils - slamming them after findings of severe...

13 December 2023

From: Breaking News

Purplebricks claims to sell landlords’ homes ‘for free’

Controversial online agency Purplebricks claims landlords and other home owners can sell their properties for free “as part of a progressive...

13 December 2023

From: Breaking News

Activists say they know rent levels two years from now

Generation Rent says it’s worked out what rent levels will be in two years’ time. The activists say rents will rise 14...

13 December 2023

From: Breaking News

We want more selective licensing insists environmental health chiefs

The Chartered Institute of Environmental Health has given a warm welcome to many of the provision in the Renters Reform Bill...

13 December 2023

From: Breaking News

Transactions tumble to 17 year low but light at end of tunnel - surveyors

Cash and mortgage housing market data show average prices decline by an annual 4.6 per cent says e.surv. But the monthly trend...

13 December 2023

From: Breaking News

HMRC targets landlords who allegedly under-report profits

A prominent tax consultancy says landlords who transferred their rental properties in a company in 2017/18 are being targeted by HMRC. It’s...

12 December 2023

From: Breaking News

Rightmove reveals its 2024 housing market forecast

Rightmove has revealed its forecast for 2024 - but just as it has done this, it’s revealed asking prices have dropped...

12 December 2023

From: Breaking News

Free landlord training and legal updates from new accreditation scheme

Newcastle council is seeking new members of its Landlord Accreditation Scheme, which it claims recognises and rewards “reputable landlords who offer...

12 December 2023

From: Breaking News

Double-digit rise this year takes rents to record high

London has seen the strongest rental growth over the last year according to an analysis by lettings agency Hamptons.   The average rent...

12 December 2023

From: Breaking News

Rogue landlord tried to let out “uninhabitable outbuilding”

A council has prosecuted a private landlord who let out an uninhabitable outbuilding in Kings Langley. Deborah King of Kings Langley was...

12 December 2023

From: Breaking News

Landlord hit with half million pound fine after using fake name

A landlord who used a fake name to evade detection has been hit with £485,000 in fines after illegally renting out...

11 December 2023

From: Breaking News

Councils charge landlords thousands of pounds for “officer time”

Councils in Greater Manchester admit to charging landlords over £14,000 for “officer time” involved in licensing schemes. There are currently eight selective...

11 December 2023

From: Breaking News

Shelter’s Renters Reform Bill petition nears target threshold

Campaigning charity Shelter is nearing a controversial signature threshold in its petition about the Renters Reform Bill. It now has over 123,000 of...

11 December 2023

From: Breaking News

Rogue Landlord hit with huge Rent Repayment Order

A landlord in London has been ordered to refund 12 months’ rent to tenants after failing to license their HMO. The fine...

11 December 2023

From: Breaking News

Buy To Let mortgage rates reduced by The Mortgage Works

The Mortgage Works is reducing rates on products for new and existing landlord customers by up to 0.40 percentage points, with...

11 December 2023

From: Breaking News

Freeholders fight back in bid to save ground rents

Plans for leasehold reform face a major early stumbling block as analysis shows plans to retrospectively introduce a cap on ground...

08 December 2023

From: Breaking News

Tory MPs lobby government demanding Airbnb crackdown

A group of Conservative MPs has organised a lobby of the government to demand a clampdown on Airbnbs and other short...

08 December 2023

From: Breaking News

Landlord Warning - many face 80 per cent sky-rocketing costs

A respected financial body is warning that landlords face rising costs of up to 80 per cent in the next two...

08 December 2023

From: Breaking News

Rental demand to stay strong as many tenants say they’ll never buy

Over a third of current renters believe they will never be able to buy a home in future.  And only 29 per...

08 December 2023

From: Breaking News

Capital Appreciation Boost from latest house price index

UK house prices rose for the second month in a row in November, boosted by a shortage of properties, says the...

08 December 2023

From: Breaking News

Landlords more optimistic than data suggests, claims lender

More than a quarter of private landlords plan to increase the size of their property portfolios in the next year, compared...

08 December 2023

From: Breaking News

Gove gives go-ahead to one of UK’s largest licensing schemes

Almost all landlords letting out properties in a London borough will soon be legally required to have a selective license. It’s one...

07 December 2023

From: Breaking News

Demand for HMO landlords to do more to boost recycling

A recycling company says landlords should do more to encouraging HMO tenants to boost recycling. The firm - First Mile - suggests...

07 December 2023

From: Breaking News

More divorced middle-aged tenants pile extra demand on rental sector

New research suggests that an influx of older renters has increased congestion in the rental market. Some 39 per cent of renters...

07 December 2023

From: Breaking News

Shamplina endorses new anti-fraud PropTech tool

Landlord Action supremo Paul Shamplina has endorsed a new PropTech tool aimed at stopping landlords falling victim to fraud. Title Guardian claims...

07 December 2023

From: Breaking News

Landlords face sentencing after e-bike fire fatality

Two landlords who let their two-bedroom flat in Tower Hamlets to as many as 22 people, have pleaded guilty to nine...

07 December 2023

From: Breaking News

Many tenants forced into bidding wars and pay well above asking rent - claim

A think tank claims that four in 10 households renting privately that moved within the last year are paying an average...

06 December 2023

From: Breaking News

Labour to make bidding wars on rental properties illegal

The Labour Party says it will outlaw rental bidding wars if it wins the next General Election. The party's shadow housing minister,...

06 December 2023

From: Breaking News

Slap taxes on short lets and holiday homes, urges countryside charity

A countryside body is blaming the government’s failure to provide affordable housing and the rise in short lets for a homelessness...

06 December 2023

From: Breaking News

Landlords given inspection warning over removal of ASTs

The Renters Reform Bill’s proposal to replace Assured Shorthold Tenancies with rolling ‘periodic’ lets could put landlords’ properties at risk, it’s...

06 December 2023

From: Breaking News

On The Turn? Propertymark warns some rents are now falling

A surprising one in seven lettings agents is now reporting a fall in rents rather than a rise. Although far more agents...

06 December 2023

From: Breaking News

EPCs - Generation Rent and Labour Mayor slam landlords and government

Generation Rent and London Mayor Sadiq Khan have jointly slammed landlords who do not improve the EPCs of their private rental...

05 December 2023

From: Breaking News

One in two tenants fail government ‘financial resilience’ test

One in four people don’t have enough savings to cover a 25 per cent drop in earnings - and that rises...

05 December 2023

From: Breaking News

What are the three things tenants value most? New survey gives answers

Tenants value location, flexibility and direct landlord relationships according to new research from specialist lending bank OSB Group.  The Future Tenant Standard...

05 December 2023

From: Breaking News

New way of measuring rent rises coming in next March

The government’s Office for National Statistics is introducing a new way of measuring rent rises from the spring. It will double the...

05 December 2023

From: Breaking News

Boom Time for flats and houses let for over £5,000 per week

London’s ultra-prime rental market has returned this year to pre-Covid levels for the first time, an agency claims. Beauchamp Estates - using...

05 December 2023

From: Breaking News

Growing number of tenants miss rent or mortgage payments

Almost one in five UK adults has missed a payment in the past 12 months - and for seven per cent...

04 December 2023

From: Breaking News

Renters Reform Bill must be changed to reassure landlords - NRLA

The National Residential Landlords Association says the Renters Reform Bill won’t win the support of landlords in its present form. The Bill...

04 December 2023

From: Breaking News

Mortgages - landlord confidence in fixed rates has been restored, says lender

A mortgage lender survey suggests landlords are returning to fixed rate mortgages. Landbay says more investors are opting for five-year fixed mortgages...

04 December 2023

From: Breaking News

Good news at last as major index heralds ‘housing market recovery’

UK house prices rose an average of 0.2 per cent month on month in November - prompting the Nationwide to call...

04 December 2023

From: Breaking News

New Taskforce launched to hit back at criminal landlords

Some £2m of government money has been channeled into a brand new country cil Taskforce aimed at identifying and clamping down...

04 December 2023

From: Breaking News

Many More Details expected when landlords advertise properties

Landlords will have to include many more specific points about their properties when they list them in future - whether directly...

01 December 2023

From: Breaking News

Rental demand triples in just four years says NRLA

The proportion of private landlords who report increased demand for rental properties has more than tripled compared with demand for properties...

01 December 2023

From: Breaking News

Good EPC Ratings - many buyers will pay more for energy efficiency

New research shows that a significant number of buyers will pay more for a home with a good EPC rating. The study,...

01 December 2023

From: Breaking News

Labour Mayor and Generation Rent buddy up for anti-mould campaign

London Labour Mayor Sadiq Khan and the leader of activist group Generation Rent have teamed up for an anti-damp and mouldy...

01 December 2023

From: Breaking News

Council says ‘good landlords’ can have cheaper, longer licences

A council statement announcing a complex new licensing regime for the local private rental sector claims “landlords and agents who are...

01 December 2023

From: Breaking News

Bankrupt! - Labour council which tomorrow launches huge licensing scheme

A controversial licensing scheme is due to come into force tomorrow - just as the council administering it has declared itself...

30 November 2023

From: Breaking News

Court Reform “not a delaying tactic to avoid scrapping S21” - government

The government has insisted that its commitment to reform the courts process to help deal with evictions more effectively is not...

30 November 2023

From: Breaking News

Older renters moving to cheaper areas and smaller homes - BBC report

A BBC News report claims that increasing numbers of renters aged over 30 are moving to cheaper areas as rents have...

30 November 2023

From: Breaking News

Airbnb landlord prosecuted for contravening planning regs

Melton council in Leicestershire has prosecuted a resident who pleaded guilty of failing to comply with a planning contravention notice which...

30 November 2023

From: Breaking News

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