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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

No-deal Brexit will not deter most landlords from expanding portfolio

The chances of a no-deal Brexit are looking increasingly likely after EU leaders snubbed Theresa May’s latest compromise offer, but that will not stop a significant...

Mortgage lenders slammed for preventing landlords renting to benefit claimants

The Residential Landlords Association (RLA) has raised serious concerns that the majority of buy-to-let lenders are preventing landlords renting property to some of the ‘most vulnerable...

Grants of up to £25,500 offered to landlords to restore empty homes

Private landlords are being offered money to help encourage them to restore their empty homes in the London borough of Barnet.  Empty Property Grants of up to...

Kensington Mortgages extends limited time offer

Kensington Mortgages has extended its limited time offer across its range of buy-to-let and residential products until Monday 5th November. The buy-to-let offer, available on a 75%...

BTL landlord fined for breaching his licence

A landlord in County Durham has been ordered to pay just over £450 for breaching his licence. Matthew Snowdon, of Cows Hill Road, Allenhead, failed to comply...

Universal Credit sends rent arrears soaring

The number of people seeking advice over rent arrears has increased by 47% over the past five years due primarily to the roll-out of Universal Credit,...

Buy-to-let shifting towards an era of professionalism

Two years on from sweeping tax reforms to the buy-to-let sector, the industry is rapidly shifting towards professional landlords, according to senior mortgage experts. Mortgage advisors came...

Government releases £400m for cladding upgrades

The government has released the first tranche of an estimated £400m to fund the removal and replacement of unsafe cladding on social sector high rise housing...

Landlords to be offered training to deal with hike in rent arrears

Rent arrears are a real concern for a number of landlords across the UK, especially as it can have a significant impact on their ability to...

TMW announces BTL changes

The Mortgage Works (TMW) has announced changes to its buy-to-let mortgage range, which it says will offer landlords greater flexibility. These changes include a new two-year fixed...

New no deposit scheme aims to create a ‘stress-free experience’ for landlords

homes4u is the latest letting agency to sign up to the Zero Deposit scheme, a tenant’s deposit replacement product, designed to reduce financial pressures on renters,...

Growth in London’s luxury market slows sharply amid uncertainty

Growth in demand for super-prime properties in prime central London has slowed significantly, fresh data shows. According to Knight Frank, the number of super-prime - £5,000-plus per...

What is pre-referencing and why it will make your life easier?

How many times has a potential tenant failed referencing? Too many times is probably your answer. This frustrating scenario ultimately arises because tenant referencing is left to...

Aldermore announce changes to BTL proposition

Aldermore has updated its proposition for buy-to-let and residential mortgages. The specialist bank has made several changes to its criteria, including lowering Interest Coverage Ratio (ICR) for...

Landlord who kept 23 people in overcrowded conditions fined £7,500

A landlord in Ilford, Essex, who allowed 23 people to live in overcrowded conditions has been fined £7,500. Tenants in a house of multiple occupancy (HMO) in...

Five-year fixed rates drop to record low

The average rate on a five-year fixed rate buy-to-let mortgage has fallen to an all-time low of 3.4%, the latest figures from Moneyfacts show. Rates on five-year...

Taxes on buy-to-let landlords have ‘made no difference to rents’

The rise in the number of buy-to-let landlords quitting the buy-to-let sector in response to a raft of tax and regulatory changes has not led to...

BTL landlords accused of being involved in a ‘billion-pound scandal’

The government is being urged to take action to clampdown on landlords that fail to protect tenants’ deposits in an approved scheme. Recent research from comparethemarket.com suggested...

Rise in remortgaging shows ‘landlords remain committed to the market’

Many landlords remain committed to the buy-to-let sector despite government interventions and a wider housing slowdown, new figures show. Despite the adverse impact that tax and regulation...

LetHQ launches new rent guarantee service

LetHQ has launched a new rent guarantee service to help safeguard landlords from losing out on rental income. Unpaid rent and rent arrears are a major worry...

Buy-to-let continues to offer ‘long-term benefits’ for investors

Buy-to-let investment in the long-term is still likely to beat savings rates by a significant margin over the coming years, despite recent regulatory and taxation changes, which...

Sharp decline in buy-to-let purchases since 2015

Buy-to-let investors spent £12.1bn on new buy-to-let purchases during the first half of 2018, down 30% on three years ago, fresh figures show. The latest report from...

Rental prices continue to ‘gradually pick up’

A number of tenants have been hit by rent rises over the past 12 months as landlords respond to extra taxes and restrictions in the industry. The...

First-time buyers in the driver’s seat as buy-to-let property sales fade

The price of small properties across many parts of the country has dropped largely because landlord purchases are down, offering fresh hope for first-time buyers looking...

Managing agent fined £26k for cramming 16 tenants into family home

A rogue managing agent of an overcrowded house of multiple occupation (HMO) in east London has been fined £26,000 for breaches of licensing and housing management...

Sharp rise in rent arrears involving tenants on Universal Credit

Universal Credit was described by one national newspaper as an ‘ill-conceived shambles’ over the weekend, after former prime ministers Gordon Brown and John Major suggested that...

LGBT activists hold ‘kiss-in’ protest after landlord allegedly rejected female couple

LGBT charities and activists staged a ‘kiss-in’ protest outside a north London letting agency last week after a lesbian couple were denied a flat by a landlord...

Government announces plans to improve property agent standards

New plans to raise standards across the property agent sector have been unveiled by the housing minister Heather Wheeler. A new working group made up of experts...

RentPassport and DepositFree insurance trial to take place in Scotland

Canopy, the UK property rental market app has teamed up with Rettie & Co. to trial RentPassport and DepositFree insurance at the recently launched Harbour Gateway...

Buy-to-let yields rise as landlords increase rents

The returns made by buy-to-let landlords rose across the UK as investors increase rates to counter tax relief cuts, new figures show. A raft of tax changes...

Autumn Budget: What’s in store for BTL landlords?

Several ideas have been floated as potential proposals in this month’s Budget, including financial incentives for those offering longer tenancies. But just what will the Autumn...

UK rents up 1.7% in a year, says HomeLet

The average cost of renting a property in the UK rose by 1.7% in the 12 months to September, according to the latest figures from HomeLet. Its...

Fleet Mortgages launches fixed rate buy-to-let products

Fleet Mortgages has launched a range of fixed-fee mortgage products across its standard, limited company and HMO or multi-unit block sectors. The intermediary-only buy-to-let lender believes that...

Property podcast provides educational content and discussion for landlords

Despite a challenging period for landlords, characterised by tax and regulatory changes, buy-to-let remains a popular choice, supported by record-low mortgage borrowing rates, solid demand from...

Future elections expected to be influenced powerfully by private renters

Recent changes in legislation, as part of government policy to encourage first-time buyers and owner-occupier purchases, have led to a tax assault on private  landlords, which...

Where in London has seen the biggest surge in rental returns over the past year?

Rental yields in London have increased over the past 12 months and the signs are that they could rise further moving forward, according to Chestertons. The letting...

Most tenants don’t want three-year tenancies, survey shows

Six out of 10 renters want tenancies of 12 months or less, a new AXA survey suggests. The government, which wants to offer tenants more security by...

Rents look set to rise as demand outstrips supply

Rental prices in the UK look set to increase as demand for property continue to rise, but the number of homes coming on to the market...

Government launches £20m fund to help homeless into private rented homes

Thousands of vulnerable people facing homelessness look set to benefit from a new £20m initiative designed to help them secure a private rented home. The Private Rented Sector...

Croydon becomes first council to support campaign to scrap Section 21

Croydon Council has become the first local authority to support calls to scrap the so-called ‘no fault’ evictions in order to give renters greater power and...

Landlords being encouraged to re-evaluate mortgage position

Do you know how much you could save by switching mortgages? Research from Property Master reveals that landlords on standard variable buy-to-let rates could save between...

Government changes leading to ‘confusion among tenants’

More than half - 53% - of tenants in this country do not understand their rights and new regulations brought in to help them, according to...

Landbay partners with Julian Harris to ‘support’ landlords in ‘new world of BTL’

Landbay has partnered with Julian Harris Adviser Network to provide more mortgage brokers and their landlord clients with access to its specialist BTL lending products. The new...

Hamilton Fraser named ‘Best Landlord Insurance Provider’ at prestigious awards

Hamilton Fraser Total Landlord Insurance has scooped the ‘Best Landlord Insurance Provider’ for the second consecutive year at the Insurance Choice Awards, the largest consumer voted...

New landlords association urges Chancellor to reverse BTL tax changes

Philip Hammond is coming under increasing pressure to reverse draconian tax changes applying to buy-to-let landlords. A number of landlords have been left with no alternative but...

EU citizens could face repeat of Windrush scandal post-Brexit, says RLA

EU citizens living in the UK are at risk of facing some of the same difficulties caused for the Windrush generation by a lack of legal...

Conservative think tank is wrong in its call for landlords to ‘disinvest from the sector’

Proposals drawn up by Conservative think tank Onward to allow existing buy-to-let properties to be eligible for 100% capital gains tax relief if the property is...

Goodlord secures additional funding to help simplify renting process

PropTech startup Goodlord, which offers cloud-based software to help letting agents, landlords and tenants manage the rental process, has raised £7m in Series B funding. The round...

Rent calculator: Find the rental value of your property

If you are thinking about adding to your property portfolio or remortgaging an existing buy-to-let property, it can be a helpful to gain an idea of...

Landlords could be offered tax incentive for longer tenancies

The government is considering plans to provide financial incentives for those offering longer tenancies, according to the Sunday Times. The government is proposing a number of options...

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