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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

Citizens Advice claims landlords evict tenants “to avoid doing repairs”

A spokesperson for the Citizens Advice charity has claimed at a public meeting that private landlords serve Section 21 notices on...

02 January 2024

From: Breaking News

Rental sector rivals unite against Tory First Time Buyer plans

Both sides of the rental divide have criticised Conservative proposals to boost housing demand while doing nothing about supply. Over the New...

02 January 2024

From: Breaking News

Warning - House Values could dip once again in 2024

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

02 January 2024

From: Breaking News

HMRC reveals big slump in residential property deals

New data from HM Revenue and Customs reveals a 22 per cent annual drop in residential transactions in the year to...

02 January 2024

From: Breaking News

Negative Capital Appreciation for landlords in 2023 - final figures

UK house prices ended 2023 down 1.8 per cent compared with December 2022, leaving them almost 4.5 per cent below the...

02 January 2024

From: Breaking News

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

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