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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

Landlord incentivises needed to ‘stop rents from spiralling out of control’

The government must start to provide financial incentives for buy-to-let landlords prepared to offer longer tenancies or risk seeing rents soar, according to the CEO of...

Pervert landlord installed cameras in tenants’ rooms to film them having sex

A disgusting landlord has been ordered to pay a £5,000 fine plus £500 in costs, and handed 100 hours of unpaid work with 20 rehabilitation days...

Tenancy overhaul in Scotland is starting to ‘unnerve investors’

Buy-to-let landlords are leaving the private rented sector north of the border in their droves as a direct result of Scottish rental reforms.   Fresh findings from the...

Reforming the deposit system offers no greater protection, says mydeposits boss

The chief executive officer of mydeposits, Eddie Hooker, has defended the current system of deposit protection schemes following criticisms from Which?.   The consumer group argues that the existing tenant...

Landlord fined £2,000 for failing to comply with an improvement notice

A private landlord in St Leonards has been fined £2,000 for failing to comply with an improvement notice.   Hastings Borough Council decided to take action against Marilyn...

Higher taxes deter overseas based buy-to-let investors

The proportion of let properties in the UK that are owned by overseas landlords has dropped dramatically, according to new figures. The proportion of homes let by...

‘Broken’ tenant deposit system is forcing tenants into debt, says Which?

The existing tenant deposit system is “broken” and in desperate need of reform after a new report revealed that one in six tenants are forced to...

BTL landlord fined £20k after house fire

A now former landlord has been fined £20,000 for putting the lives of five residents at risk after a broke out last year at a rented...

Landlord to be prosecuted after 31 beds found in ‘appalling’ three-bedroom house

A landlord faces prosecution after police found he had squeezed 31 beds into a very overcrowded three-bedroom house that had just one bathroom. The property, located in...

LendInvest launches exclusive 5-year fix through Buy to Let Club

LendInvest has launched an exclusive five-year fixed rate product for intermediaries through Buy to Let Club.   The new deal, available on loans up to £500,000 for purchase...

Top 10 best places to be a landlord at the moment

Bootle in Merseyside has been named the best place to currently be a buy-to-let landlord, based on a number of key metrics. The research comes from Gatehouse...

Sharp decline in properties to let placing upward pressure on rents

Rents are forecast to see strong growth over the next five years, according to the latest residential property forecast from the Royal Instituted of Chartered Surveyors...

EU citizens could be evicted from their rental homes in Britain, warns RLA

Thousands of EU nationals could inadvertently lose their rental homes due uncertainty about their status post-Brexit, according to the Residential Landlords Association (RLA). With Brexit approaching, there...

Right to Rent legal challenge date set for December

The government’s controversial Right to Rent scheme, which forces landlords to undertake immigration checks on prospective tenants, is to be challenged in the High Court in December. The...

Landlords told to weed out illegal cannabis farms

With an increasing numbers of rental properties being targeted by gangs of cannabis cultivators looking to house their criminal activities, it is unsurprising that hundreds of...

A number of landlords subsidise good tenants by renting at below market rates

Rent increases during the last five years have been less than initially perceived, tracking the retail price index (RPI) in England and Wales, with many landlords...

Landlord told to pay £12k compensation after burning tenant’s belongings

A landlord who burnt his tenant’s possessions has been ordered to pay £12,000 compensation. Buy-to-let investor Tyrone Holmes, of Kensington Grove in Box Lane, Wrexham, pleaded guilty...

New online fire safety course for landlords

Private landlords looking for fresh fire safety guidance can now gain access to an online fire safety course that has been launched by Rent Smart Wales. The...

Saffron launches expat BTL mortgages

The Saffron Building Society has unveiled a refreshed range of expat mortgages for landlords looking to purchase or remortgage a buy-to-let property in the UK whilst...

Landlords advised to complete the following seasonal maintenance tasks

The scorching heatwave across much of the country means that now more than ever, landlords really must attend to seasonal maintenance tasks, according to Just Landlords. To...

London is on the road to recovery as rents exceed £1,600 a month for the first time

Rental prices in Greater London have surpassed the £1,600 per calendar month (pcm) mark for the very first time, according to the latest HomeLet Rental Index. The data...

Government urged to do more to improve energy efficiency of rented homes

The government is coming under growing pressure from landlords to be more ambitious when it comes to the energy efficiency of rented housing. New Minimum Energy Efficiency...

When was the last time you reviewed your mortgage options?

It is important to regularly review your mortgage options, and that is where mortgage intermediaries can often help. Paragon’s latest Financial Adviser Confidence Tracking (FACT) Index, based...

Drugs worth £60k found by landlord in rented property

A tenant has appeared in court after being caught with a drug haul worth in the region of £60,000. The man was caught after his landlord visited...

New licensing scheme is ‘just a way of making money for the council’

Nottingham City Council became the latest local authority to introduce a landlord licensing scheme last week in an attempt to clampdown on rogue landlords, but many...

Private landlords continue to be stigmatised by the media

Changes to the buy-to-let tax regime are squeezing landlords’ margins, yet many are thinking about exiting the private rented sector not due to lower profits, but...

Landlord fined for not protecting tenancy deposit and operating an unlicensed HMO

A buy-to-let landlord has been found guilty of aggressive practices, failing to protect a tenancy deposit and operating an unlicensed House of Multiple Occupation in the...

New central London tenancies rose significantly in Q2

Take up of new rental tenancies in prime central London in the second quarter of this year was up 27.7% compared with the corresponding period last...

Have your say: Selective licensing being considered in parts of Leeds

People are being invited to share their views on the possible introduction of licensing for private sector rented housing in some parts of Leeds. Leeds City Council...

Some agents may ‘have missed the deadline’ to switch redress schemes

The Ombudsman Services (OS) is no longer handling consumer complaints in the property and housing sector after withdrawing from the industry. The OS has now started a...

Chancellor plans another “tax attack” on buy-to-let landlords

Buy-to-let landlords could face another stamp duty rate hike in the Autumn Budget to further curb the acquisition of second homes. The claim that the Treasury is...

Controversial landlord raised rents within an hour of interest rate increase

Britain’s biggest and arguably most contentious buy-to-let landlord increased rents on hundreds of homes within an hour of the Bank of England’s 0.25% interest rate rise...

Letting agent which withheld landlord’s rent ordered to pay compensation

A Lanarkshire-based letting firm has been told to stump up almost £1,000 in compensation to a disgruntled landlord after breaching the recently-introduced code of practice for...

Landlords urged to remortgage after Bank of England hike

The Bank of England’s decision to raise interest rates by 0.25% last week could be a sign of things to come, and that is why DJ...

Top 10 buy-to-let hotspots unveiled

Buy-to-let has recently taken a bit of a bashing with some landlords forced to exit the market as profits drop amid a tax squeeze - but...

Interest rate rise is ‘another blow’ for buy-to-let investors, say accountants

The Bank of England’s decision to raise the interest rate yesterday, from 0.5% to 0.75%, will increase the interest costs of more than three-and-a-half million residential...

Rents likely to rise as Bank of England increases interest rate to 0.75%

Many buy-to-let landlords have so far refrained from passing on extra costs to tenants despite feeling the squeeze from a stamp duty increase on property acquisitions and...

Rents in England and Wales remain virtually unchanged month-on-month

Rents in England and Wales increased by 4.45% to an average of £861 in the 12 months to June 2018 but month-on-month there was virtually no...

The landlord licensing system should be simpler, says PayProp

The government’s decision to review how selective licensing is used across the private rental sector presents an ideal opportunity to look at a way of introducing...

LendInvest abolishes debenture floating charges as part of changes to its products

LendInvest has scrapped its debenture and floating charges, as part of a series of product changes. The lender has also reduced its ICR assessment rate to 5%...

Nightmare tenants leave landlord thousands of pounds out of pocket

A buy-to-let landlord has been left with a major clean-up bill after ‘tenants from hell’ whose rent had fallen into severe arrears trashed his rented home...

Landlord ordered to pay £15k for allowing tenants to live in ‘appalling’ conditions

An unscrupulous landlord who allowed up to 40 tenants to live in poor conditions in a disused pub in North Wales has been fined more than...

Rental prices edge up again in Scotland

Rental prices in Scotland continued to edge upwards in the second quarter of the year, the latest figures reveal. The Scottish national average increased to a record...

Newcastle Quayside to receive North East’s first Build to Rent development

Construction work is progressing well on a new ultramodern, multimillion pound Build to Rent development on Forth Banks in Newcastle, which is the first of its...

Foundation Home Loans launches lowest ever BTL fixed rates

Foundation Home Loans has launched its lowest ever fixed rates with its new ‘summer special’ buy-to-let product, designed specifically for individuals, portfolio landlords and limited companies. The...

The ‘real value’ of independent inventories should not be underestimated

The importance of having an independent inventory cannot be misjudged, especially as a poorly recorded or written report may leave the landlord with no foundation for...

Does your letting agent belong to a valid redress scheme?

When a tenant paid his initial one month’s rent in addition to a tenancy deposit in exchange for the keys to his new rental property, he...

Shared occupancy test for rent-a-room relief will add ‘unnecessary complexity’

The government’s plans to change the rules on its ‘rent-a-room’ scheme, which allows people to earn up to £7,500 a year tax-free from letting out a...

Landlords could save more than £1,300 a year on letting agent fees – claim

Buy-to-let landlords could save hundreds, if not thousands of pounds every year by not instructing a letting agent to let their property. The latest rental market data from...

Rents in prime areas of London continue to rise

Rents in London’s prime property market increased for the second consecutive month, rising by 1.1% in the 12 months to June 2018, according to Knight Frank’s...

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