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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

London’s top commuter towns revealed

With a growing number of Londoners renting property outside the capital, where affordability is stretched, more buy-to-let landlords are now looking beyond the confines of London when...

Top tips to help protect yourself against property investment fraud

Many people invest in property or sign up to investment club arrangements, which are not uncommon in the industry, but sometimes it turns out that they are...

Are you prepared for the next phase of mortgage interest tax relief changes?

On the surface, registering as a limited company could serve higher taxpayers and larger investors well, while mainstream lenders remain a suitable option for independent landlords....

CMP scheme allows landlords and tenants to claim money back from rogue agents

Landlords and tenants will continue to be able to claim back the entire amount of money that has been lost or misappropriated by an agent, as...

Skipton’s UK buy-to-let mortgages are now available to overseas nationals

Skipton International has extended its UK buy-to-let mortgages to foreign nationals based abroad. Skipton previously only offered its UK buy-to-let mortgages to British expatriates but its decision...

Buy-to-let lending slumps as landlords deterred by tax changes

Buy-to-let mortgage activity continued to slow in December with landlord investors taking out just 5,100 new buy-to-let home purchase mortgages, down 5.6% on the corresponding month...

Tenant demand increases in London as number of properties for rent falls

Demand from new tenants in London’s private rented sector is rising at a time when the number of homes available to rent is falling, new figures...

‘Positive news’ for landlords and tenants as new CMP scheme is approved

Client Money Protect, part of the Hamilton Fraser group, has been awarded consent to operate a client money protection scheme when the regulations go live on...

It’s time to tackle the scourge of sub-standard rental homes, says PayProp chief

Tenants living in sub-standard rented accommodation need greater support, according to Neil Cobbold, chief operating officer of PayProp UK, who has welcomed the government’s ongoing review...

New tech solution to help sharers set-up and manage household bills

A new tech solution called Resooma Bills has been launched this morning to help make it easier for those living in shared accommodation to manage the...

Brexit uncertainty continues to weigh heavily on the housing market

Confidence in the UK housing market has slumped amid Brexit uncertainty, according to Paragon’s latest Financial Adviser and Confidence Tracking (FACT) Index, a regular survey of...

Landlords accused of ‘exploiting’ student renters

Landlords are taking advantage of first-time student renters by failing to carry out repairs, according to a new poll. A fresh report by the National Union of...

Plans approved for major Build to Rent scheme in Cardiff

PLATFORM_ has been awarded planning consent to build just over 200 homes on the site of the former Browning Jones & Morris builders’ merchants premises on...

Landlord fined almost £3k for overcrowded flat

A buy-to-let landlord who crammed at least seven people into a two-bedroom flat has been ordered to pay almost £3,000 by a court. Saleem Hakim was successfully...

Hanley launches new two-year fix at 1.84%

Hanley Economic Building Society has introduced a fee-free two-year fixed rate buy-to-let product at 60% loan-to-value with a borrowing rate of 1.84%. Buy-to-let investors looking to take...

Landlord handed suspended sentence for illegally evicting tenant

A buy-to-let landlord in Leeds who left his tenant homeless after changing the locks while he was on holiday has been handed a suspended jail sentence...

Rental decline showing signs of bottoming out in prime London: Savills

Rental values in prime London has started to see some slowdown in decline as initial signs of a bottoming out have begun to appear, according to...

BTL landlord jailed for forging HMO documents

An unscrupulous landlord who converted three family homes into houses in multiple occupation (HMO) without planning consent has been jailed for forging documents. Siddarth Mahajan from Milton...

Overseas buyers exploit weak pound to acquire property in London

Overseas investors snapped up more than half of all properties for sale in prime London in the second half of 2018 as sterling weakness gave overseas...

Renters almost twice as likely to experience a pest problem in their home

Three fifths of Brits have experienced a pest problem within their home, with 64% of those who have had an infestation living in rented accommodation at...

The best cities to rent out property on a room by room basis unveiled

A number of buy-to-let landlords prefer to rent out property on a room by room basis instead of renting the whole property to one person or...

Landlords are being ‘persecuted’ under landlord licensing scheme – claim

Buy-to-let investors should be ‘extremely wary’ of buying property in an area affected by selective licensing rules because many local authorities are using selective licensing to...

Landlord ordered to pay £5,400 for poor management of unlicensed properties

A buy-to-let landlord in Doncaster has been ordered to pay more than £5,000 in fines and costs following a successful prosecution brought by Doncaster Council. Almas Rashid...

New tenant packs could help save lives

New tenant packs designed to help landlords raise awareness of fire and carbon monoxide dangers have been launched by Aico Ltd. Aico, a major provider of residential...

Online agent responds to ‘landlords’ needs’ by enhancing ‘UPay On Success’ product

Online letting agent Upad has pledged to challenge landlords’ ‘expectations’ with the revamp of its ‘UPay On Success’ product which means that landlords only pay their...

Landlords starting to feel ‘the pressure’ to increase rents to offset tax changes

The increasing tax burden on landlords is likely to result in increased rents, according to research from the Intermediary Mortgage Lenders Association (IMLA). While rental prices continue...

Buy-to-let remains a ‘lucrative investment’ as rents rise across the UK

Private rental prices paid by tenants in the UK rose by 1% in the 12 months to January 2019, unchanged from December 2018, according to the...

Landlord tragically killed while renovating BTL property after 6ft wall collapsed

A buy-to-let landlord was killed while renovating a property she owns with her husband when a 6ft garden wall collapsed on top of her. Jayne Chaffey, 59,...

Proportion of income spent on rent by private tenants has fallen

The proportion of income spent on rent in the private rented sector has fallen from 35.4% in 2010/11 to 32.9% in 2017/18, the latest figures show. In...

Increasing SDLT for overseas buyers ‘would send a catastrophic message’

The government’s decision to launch a consultation into a proposal to add 1% onto the stamp duty paid when buying a home in England and Northern Ireland, payable by...

Thousands of landlords ‘illegally’ letting energy inefficient homes

Tens of thousands of landlords across the UK could be unwittingly renting out property illegally because they have should have an energy performance certificate (EPC) rating...

Tenant Fees Bill receives Royal Assent

The Tenant Fees Bill, banning landlord and agents from charging fees to tenants, has become an Act of Parliament after being given Royal Assent. The act means...

Letting agent left red-faced after tomato plants mistaken for cannabis

When a tenant renting a property in West Lothian was asked by their mother to look after her tomatoes while she went on holiday, he did...

The UK’s second tallest Build to Rent tower unveiled in Salford

Anaconda Cut, standing at 131 metres tall, making it the tallest building in Salford, has been officially launched. The 44-storey tower, which features 349 flats, is funded...

Mansfield BS introduces BTL product for expats

Mansfield Building Society has launched a buy-to-let mortgage product exclusively for expat borrowers. The new product, available with no completion fee, is a two-year discounted rate deal...

‘Political and economic uncertainty’ boost demand for rental properties

There has been a significant rise in demand from people looking to rent property amid political and economic uncertainty and this is placing upward pressure on...

Rents rise in prime London

Rental values in prime London increased by 1.9% in the fourth quarter of 2018 on the back of greater demand from tenants, as continued political uncertainty...

Landlord fined for allowing tenants to live in property deemed ‘unfit for purpose’

A rogue landlord who allowed a family to live in a house described as “unfit for human habitation” has been fined £11,000. The house on Webster Road...

Political broadcaster Andrew Neil to chair major landlord debate in London

Journalist and broadcaster Andrew Neil will chair the Government Panel Debate at the National Landlord Investment Show in London, it has been confirmed. The debate, which will...

Landlords urged to have their say on local licensing consultations

With several licensing consultations currently being run by local authorities across the country, the Residential Landlords Association (RLA) is encouraging buy-to-let landlords and letting agents to...

Fitness for Human Habitation: RLA to host webinar today at 11am

Following the recent addition of the Fitness for Human Habitation Bill and the amendments this has made to the existing Landlord and Tenant Act 1985, the...

The most uninhabitable London boroughs for tenants unveiled

New research has identified London’s most uninhabitable boroughs for the capital’s tenants, based on the cost of living there to the average monthly wage of its...

How will the Homes (Fitness for Human Habitation) Act 2018 affect you?

Following the passing of Karen Buck’s Homes (Fitness for Human Habitation) Act 2018 into law, it is important that landlords are aware of their responsibilities in relation...

Amount tenants spend on rent falls for first time in a decade

Tenants spent £1.9bn less in rent in 2018 compared with a year earlier, marking the first annual decline in more than 10 years, new figures show. According...

BTL landlord ordered to pay more than £10k for badly maintained property

Toilet flushing discharged into the rear yard of a property, broken fire alarms and faulty electrics were among the defects found in a rental property in...

UK rents up 2.5% in a year, says HomeLet

The average cost of renting a property in the UK increased by 2.5% in the 12 months to January, the latest figures shows. The HomeLet Index, which...

Call for Universal Credit overhaul as many claimants fall into rent arrears

Half the people seeking help with their Universal Credit claim are in rent arrears, according to Citizens Advice. More generous advance loans for new claimants and an...

Tenants discovered living in cramped conditions following dawn raid

Brent Council in north London looks set to take action against a buy-to-let landlord who is accused of “exploiting tenants” after  19 people, including two children,...

Tips for creating a successful Build to Rent property

With a growing number of Build to Rent (BTR) developments increasing, broadband and utilities provider, Glide, has put together the top five priorities landlords should consider...

New ex-pat BTL product range launched by Tipton & Coseley BS

Tipton & Coseley Building Society has launched a range of ex-pat buy-to-let products for intermediaries and direct customers. Two fixed and two discount products for purchase and...

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