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Here is today’s Breaking News from Landlord Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Marginal decline in rents as 2017 draws to a close

There was a symbolic decline in UK rents last month, new figures show. The average UK rent may have dropped by just 0.01% last month, but this...

Government urged to introduce new buy-to-let tax on ‘nightly letting’

Buy-to-let landlords who let out their properties as short-term holiday lets should be hit with fresh taxes to deter them from breaking the government’s clear 90-night...

UK letting market enjoys ‘robust’ boost, claims Agency Express

There has been a significant improvement in the letting market, according to board company Agency Express. The number of new rental property listings increased by 12.6% during...

TSB and Natwest introduce new BTL mortgage products

TSB has introduced a range of new two-year fixed rate mortgage deals, while Natwest has cut rates on selected deals to coincide with the roll-out of...

Protect tenants by regulating letting agents, says property manager

All letting agents should be regulated and required to have minimum training qualifications in order to reduce the number of rogue operators in the private rented...

Are private landlords discriminating against students?

The majority of private landlords will not rent to students because they are concerned about the damage they could do to their property, according to new...

Buy-to-let mortgages now make up almost a fifth of all mortgages - Paragon

Buy-to-let mortgages made up 17% of all mortgage cases in the three months to October, according to a new report by Paragon Mortgages. Fascinatingly, buy-to-let mortgages and borrowing...

Renting in retirement is rapidly becoming a ‘lifestyle choice’

There has been a sharp rise in the number of people wanting to step off the property ladder and rent in retirement because of the various...

UK rents set to rise in 2018, latest forecast suggests

Rent prices will increase next year, according to the latest property market analysis. Shortages of suitable properties to let and greater demand from renters will result in...

Tax hikes is incentivising the use of homes as ‘short-term holiday lets’

A growing number of buy-to-let landlords are letting out their homes as short-term holiday lets, making them no longer available for long-term renting following the introduction...

Landlord ordered to pay over £5k for putting tenants at risk

A private landlord in Northampton has been fined £3,300 and ordered to pay the council’s £1,890.26 legal costs along with a £170 victim surcharge after pleading...

Skipton reduces buy-to-let rates by up to 0.25%

Skipton Building Society this morning relaunched a number of its fixed rate buy-to-let mortgages cutting rates by up to 0.25%. The society is offering a new range...

Four in 10 homes bought under Right to Buy now owned by private landlords

Ever since Margaret Thatcher declared her belief in a ‘property-owning democracy’ and introduced Right to Buy in 1980, the UK was converted into a country that...

First-time buyers offered chance to get foot on the property ladder through BTL

First-time buyers will no longer have to own a residential property in order to access finance from Barclays to invest in the buy-to-let market, after the...

Accidental landlords add 80,000 rented homes to the market

A slower sales market in the south of England has revived the accidental landlord as more people chose to rent their properties out this year instead of...

Coventry for Intermediaries reduces BTL two-year fixed rates by 0.2%

Coventry for Intermediaries has cut rates on its two-year fixed buy-to-let range by 0.2%, with rates now starting from 1.49%. New two-year fixed rate deals include a...

Whopping fine should ‘serve as a warning to any other rogue landlords’

A rogue landlord in Newmarket who exposed tenants to ‘significant risk’ has been ordered to pay almost £33,000 after being found guilty in court. Russell Wayne Price,...

BTL landlords continue to benefit from ‘healthy capital growth and high yields’

Investment in buy-to-let continues to outperform most major asset classes, at a time of low saving rates and stock market volatility. Despite the government’s decision to introduce...

BTL sector is becoming the preserve of experienced long-term investors

A combination of tax reform and stricter regulation for landlords is slowing the growth of the private rented sector (PRS), despite its value hitting a new...

New auction platform allows prospective tenants to bid for rental properties online

A new online property auction platform is launching that enables estate agents to add an auction element to both sales and letting. LetsBid Property’s software is now...

Heavy fines for illegal subletters

A property firm with assets in the Virgin Islands has paid a £8,000 civil penalty to Brent Council after two tenants illegally sublet one of its...

Landlords face emergency repair price hike over Christmas period

Private landlords could be charged up to 50% more for an emergency repair call out over the Christmas period, compared to the rest of the year,...

Principality reduces mortgage rates to help ‘customers prosper’

Principality Building Society has reignited the mortgage rate war by reducing rates across some of its buy-to-let mortgage products. The lender said it was shaving up to...

Rents set to rise sharply

Rents are forecast to see strong growth between 2018 and 2022, according to the latest residential property forecast from Knight Frank. The company predicts that national rents...

‘I'm very sorry she’s my landlord’

Singer Lily Allen has sparked an angry online backlash after claiming on Twitter that she is set to be homeless for Christmas because her tenants refused...

Portfolio BTL enquiries soar

There has been a significant increase in enquiries from portfolio landlords following the introduction of the new Prudential Regulation Authority (PRA) rules which have made the...

The Cambridge reduce rates across its BTL range

The Cambridge has launched a new range of buy-to-let mortgages, as the lender battles to remain competitive. Highlights include a two-year fixed rate buy-to-let mortgage at 2.29% up...

Landlords sell up as buy-to-let crackdown bites

The past few months have seen a number of buy-to-let investors sell up, and this is expected to place upward pressure on rents next year, bringing...

Property manager jailed after stealing money from landlords

A crooked property manager who pocketed thousands of pounds in rental income which he failed to pass on to landlords has been jailed for 10 months.  Scott Walker,...

Landlords welcome changes to Universal Credit but ‘further reforms’ needed

Recent changes to Universal Credit have been broadly welcomed, which largely explains why more buy-to-let landlords are prepared to rent to tenants on Universal Credit, but...

Buy-to-let mortgage rates are ‘shooting upwards’

The average two-year tracker buy-to-let mortgage rate has increased by 0.2% over the past month, following the Bank of England base rate hike, according to fresh...

LSL launches new exclusive BTL deals with Leeds BS

LSL Group has launched two new five-year fixed rate buy-to-let products with Leeds Building Society The products, with rates of 2.94% and 3.2%, will be available exclusively...

Landlord fined for putting ‘safety, well-being and lives’ of tenants at risk

A buy-to-let landlord has been ordered to pay almost £6,500 for renting out four houses in Nottingham without a license. Dilip Gohil was penalised after failing to...

Database of rogue landlords and agents to be introduced in April

It has been confirmed that a database of rogue landlords and letting agents as well as new banning orders will be introduced on April 6, 2018. The...

Council is slammed for siding with landlord who ‘illegally’ evicted family

Maidstone Borough Council has been criticised by a government watchdog and ordered to pay in excess of £4,000 after a private landlord unlawfully evicted a family...

Shelter Scotland welcomes ‘reform of private renting’

The introduction of a new form of Scottish private residential tenancy has been welcomed by Shelter Scotland. The new private residential tenancy (PRT), which was introduced last week,...

Landlords adapting to controversial tax changes

But-to-let landlords are adapting to ongoing restrictions to tax relief on buy-to-let mortgage interest, with almost half of all landlords having already changed their investment plans...

New tool to help landlords comply with licensing schemes

A new online platform designed to help landlords keep on top of new licensing schemes and consultations has been launched by the National Landlords Association (NLA)...

Things to check when choosing landlord home emergency cover

Working as a landlord involves dealing with the occasional less-than-calm phone call in the middle of the night about a broken boiler or toilet. It’s an...

Four in five tenants deterred by a bad property advert or viewing

Some 80% of prospective tenants have been put off renting a property through a letting agent due to a misleading property advert or because of a...

Letting fees crackdown may deter many landlords from using agents

The government’s plan to ban letting agents in England from charging fees to tenants will deter up to 30% of buy-to-let landlords from using an agent...

Major PRS changes in Scotland

A new form of Scottish private residential tenancy will be introduced tomorrow. The new private residential tenancy (PRT) will replace the existing assured tenancy regime for all...

Welsh housing minister to address Future Renting Wales conference today

The Welsh minister for housing and regeneration, Rebecca Evans AM, will address the RLA’s Future Renting Wales conference in Cardiff today.  The Future Renting Wales conference, which will...

The Melton reaffirms its ‘support for the buy-to-let market’

An interest coverage ratio of 130% against a stressed interest rate of 5.5% for pound-for-pound buy-to-let remortgages has been introduced by the Melton, as part of...

The UK remains ‘one of the best places in the world to buy property’

International investors’ interest in the UK buy-to-let market is starting to increase once more, according to a new Liquid Expat Mortgages report, mainly because of the...

Landlord who rented out an illegally converted property is jailed

A landlord who failed to provide his tenants with adequate living conditions has been sent to jail. Majid Saniinejad, of Stoke Newington, and his company Hertford (UK)...

Scottish rental market continues to outperform the rest of the UK

Rental price growth north of the border continued to outstrip the rest of the UK with an annual rise of 2.5% in October, according to the...

Tenants union targets rogue landlords

We all know that buy-to-let landlords have a bad reputation, which is largely undeserved, but a growing anti-landlord movement would have people believe otherwise. The BBC’s Victoria...

Foundation Home Loans increases BTL portfolio limits to £3m

Foundation Home Loans has announced that it has increased the maximum total borrowing limits on its buy-to-let range from £2m to £3m, further supporting advisers and...

Rental supply falls in October as letting agents predict price rises

The supply of rental properties fell by 3.7% during October when compared to the previous month, according to fresh data from the Association of Residential Letting...

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