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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

‘Steep decline’ in rental market activity

There has been sharp slowdown in rental market activity as we draw closer to the festive period, the latest data from the Agency Express Property Activity...

With excessive competition and ample supply, is there still demand for HMOs?

HMO properties look very good on paper. Why charge a single rent when you can charge four or five lots of rent? An HMO will operate...

NatWest increase buy-to-let remortgage rates by up to 0.5%

NatWest has increased rates on its two- and five-year buy-to-let remortgage products by up to 0.5%. The rate hike means that the 75% loan-to-value (LTV) two-year fixed...

How landlords can protect their property in cold weather

Winter is now very definitely here and the weather is only going to get harsher, possibly a lot harsher, before spring finally arrives.   Maintaining your property is...

New crowdfunding property investment opportunity launched in Nottingham

A new crowdfunding project has been launched by Shojin Property Partners allowing investors to make a minimum investment of £5,000. The investment opportunity is for a newly...

Softening mortgage market highlights BTL concerns

Buy-to-let mortgage activity continued to slow in October, as fewer landlords took out home loans as a result of tax changes and tougher mortgage lending standards. Landlord...

Landlords urged to look beyond product fees and factor in extra mortgage costs

Headline mortgage rates are misleading borrowers and could be costing them thousands of pounds, according to Property Master. It may initially seem that the cheapest rates offer...

LBTT Scottish stamp duty surcharge to increase to 4%

There was bad news for buy-to-let landlords in Scotland yesterday when the Scottish Finance Secretary Derek Mackay proposed a 1% hike on the tax payable when...

Controversial landlord fined £25k for leaving disabled tenant without hot water

One of the UK’s biggest and arguably most contentious buy-to-let landlords has been ordered to pay £25,000 after ignoring a notice to fix a disabled tenant’s...

P2P property platform aims to lure traditional BTL investors

For some investors, buy-to-let does not look as lucrative as it once did, with peer-to-peer investing emerging as a viable alternative to the buy-to-let investment route,...

The days of rock bottom BTL mortgage interest rates ‘may be numbered’

It could be the end of the road for rock bottom buy-to-let mortgage interest rates, according to a leading expert. Buy-to-let landlords now have more choice than...

Draconian tax changes will force landlords to ‘evict tenants’ or ‘increase their rents’

Draconian tax changes applying to buy-to-let investors will leave many private landlords with little alternative but to evict tenants and sell properties en masse or simply...

Landlord to provide homeless people with a roof over their heads

Five homeless people will be offered a house to live in over the festive period, thanks to a landlord in Liverpool. Compassionate landlord and founder of online...

Communication and technology can help landlords stay on top of rental arrears

Unfortunately some renters appear to view owing their landlord money as a cheap loan - a debt with 0% interest no matter how much is owed,...

Landlords and tenants left £105,000 out of pocket by rogue letting agents

At least 19 landlords and tenants have been left £105,000 out of pocket by unscrupulous letting agents who ran London-based letting agency Crestons. Mohammed Rayn Mashuk, 42,...

Rent controls would hurt both tenants and landlords, warns RLA

The Residential Landlords Association (RLA) has warned that growing speculation the mayor of London Sadiq Khan is considering introducing rent controls across the capital risks hurting...

UK rents rising more slowly than inflation but regional variations remain

The average cost of renting a property in the UK increased by 1.5% in the 12 months to November, the latest figures from HomeLet show. The firm’s...

TMW introduces 10-year fix buy-to-let mortgage at 2.74%

The Mortgage Works has launched a fresh selection of 10-year fixed rate mortgages with rates starting from 2.74%. The specialist buy-to-let arm of Nationwide Building Society hopes...

Growing number of tenants turning to letting agents to find a place to live

There has been a notable increase in the number of renters turning to lettings agents to find a new property, research from Zoopla’s State of the...

Paragon speeds up portfolio landlord applications with eTech

Paragon has joined forces with eTech to include its web-based workflow management system to streamline and simplify the mortgage application process for portfolio landlords. The specialist mortgage...

Significant increase in rental deposit numbers as PRS continues to grow

There has been a sharp rise in the number of tenancy deposits held across the UK, new figures provided by deposit protection outfit The Dispute Service...

Landlord who threw young family out awarded £1,250 by TV’s Judge Rinder

A landlord in Edinburgh who evicted a young family and dumped their belongings in the garden after they fell into rent arrears was last week awarded...

New direct debit rent collection system launched by Upad

Online letting agency Upad is now providing landlords with a new proprietary system to collect rental payments via direct debit. The agent’s new system, called Rent Manager, is...

New energy and void period management product launched

Goodlord has partnered with Octopus Energy to launch Goodlord Switch, a new energy switching and void period management product that it hopes will appeal to letting...

Most renters unaware of their rights, research shows

The vast majority of people who live in the private rented sector are unaware of their rental rights, according to new research. A survey of people, undertaken...

The rent most landlords receive is just servicing the interest on their mortgages

The rental income received by 79% of landlords with mortgages is only sufficient to service the interest element of their loans, and not pay down their debts, as they...

Government urged to rethink rent protection scheme

The government’s existing strategy to protect rent paid by tenants to letting agents will fail to provide adequate protection for landlords, according to the Residential Landlords...

Will paying 50% more council tax get landlords ‘a return on their investment’?

A 50% council tax increase could be on the way for owners of empty properties across many parts of the country in an effort to bring...

Where is best to invest in Manchester?

Residential popery prices in Manchester have increased significantly in recent years, with research showing that the city outperformed all other core UK cities when comparing house...

BTL mortgages could help landlords meet Minimum Energy Efficiency Standards

Just 4% of landlords and tenants had in April this year heard of Minimum Energy Efficiency Standards (MEES), claims research by Just Landlords – when the...

Landlords boosted by rising demand from tenants amid ‘uncertain times’

There has been a sharp rise in demand from people looking to rent property amid political and economic uncertainty, according to Haart. The agent’s latest figures show that there...

Landlord hit with record £1.5m fine for flouting planning rules

A notorious rogue landlord who illegally built a number of tiny bedsits across North West London has been ordered to pay £1.5m or spend nine years...

Rents set to rise in London next year

Rents in London are expected to increase further in 2019 due to the widening supply-demand imbalance in the capital’s rental market, according to Chestertons. The London-based estate...

Councils struggling to take action over unlicensed HMOs

The new regulations introduced last month to bring mandatory licensing to all Houses in Multiple Occupation (HMOs) was designed to better protect tenants from poor living...

Accord Buy To Let expands range of BTL products

Accord Buy To Let has added to its range of buy-to-let mortgage products for existing borrowers, with rates now starting from 1.99%. The intermediary-only lender now offers...

Rental deposits to be capped at five weeks rent

The tenancy security deposits that tenants leave with landlords or their letting agents will be capped at a maximum of five weeks rent, and not the...

MPs accused of ‘attacking’ the BTL industry ‘for their own purposes’

Having ignored calls to stop punishing landlords and rethink its stamp duty attack on the buy-to-let sector, along with the phasing out of mortgage interest relief, the government has...

New Tinder-style lettings app could reduce the number of feuding tenants

From not paying their share of the rent or bills to failing to do their share of the household tasks, there are lots of reasons why...

Crossrail delay unlikely to halt rental growth around Elizabeth Line

Crossrail will demand hundreds of millions of pounds from the government in its third bailout of the year according to various reports as the project’s completion...

Tipton & Coseley Building Society overhauls BTL lending criteria

Tipton & Coseley Building Society has announced enhancements to its buy-to-let product criteria. Tipton says that the move is part of its on-going commitment to supporting landlords,...

Supply of rental properties drops as landlords exit the market

Rents in the UK’s private rental sector continue to rise as the supply of properties to let has dropped again on the back of a jump...

BTL landlords earned £34bn in rental income last year

Private landlords across the UK collectively earned £33.8bn from their buy-to-let investments in the year from 5 April 2017 to 2018, which is up 4.3% from...

Landlords could be offered incentives to house tenants receiving benefits

The Welsh government is planning to introduce new incentives and other support to help encourage more landlords with properties in Wales to accept tenants claiming benefits. The...

Hackney Council extends licence applications deadline

The deadline for submitting additional and selective licence applications in Hackney has been extended until 1 March 2019.  The deadline for applications in the London area was...

Zoopla trials new Property Valuation Report

Property website Zoopla is trialling a new Property Valuation Report (PVR) in nine areas across the country ahead of a broader rollout next year. During the trial...

‘Airbnb-style’ landlords provide welcome support for the construction industry

A number of landlords who use short-term holiday rental sites are reinvesting their earnings in refurbishment work helping to provide much needed support for the slowing...

UK’s highest yields: the best postcodes for buy-to-let

Landlords currently looking for the UK’s best buy-to-let areas should consider locations with a high student population, with yields of up to 12% still achievable if...

Landlords would agree to three-year tenancies but conditions are needed

One of the government’s suggestions to help fix the UK’s “broken housing market” was to oblige landlords to offer tenancies with a minimum term of three...

Loughborough BS enhances buy-to-let range

Loughborough Building Society has launched a new buy-to-let range with two, three and five-year rates available up to 80% loan-to-value (LTV). There is a two-year discount of...

Top tips to prevent burst and frozen pipes this winter

As winter approaches, landlords and other property owners need to take the right measures to prepare their properties against the cold weather and avoid potential disruption. According...

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