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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

Senior Labour figures divided over rent controls

Labour leader Sir Kier Starmer and the party’s controversial Mayor of London Sadiq Khan are at loggerheads over rent controls. Khan has for five years been demanding...

Airbnb Camera ban - new concerns over landlords’ insurance

Insurance experts claim there are new issues facing short-let landlords following Airbnb's worldwide ban on the use of security cameras inside rental properties. Standard home insurance policies...

Gove ‘to rely on Labour to pass Renters Reform Bill’

A newspaper reports that Housing Secretary Michael Gove is willing to rely on Labour votes to pass the Renters Reform Bill - even if that splits...

Landlord harassed tenants - ending up in court and fined

A landlord has been ordered to pay £2,500 in fines, compensation and costs after a council brought a prosecution against him. Jama Ahmed Farrah, of Sheffield, was...

Pet Damage revealed in new costs survey

A personal finance company has attempted to quantify the costs of pet damage at a property.  Novuna polled over 2,000 UK homeowners aged 23 to 50, to...

Property values still thousands below peak despite good start to 2024

The average price of property coming to the market for sale rises by 1.5% (+£5,279) this month to £368,118, as the market continues its recovery after...

Tax Shock - did the Budget REALLY reduce Capital Gains Tax?

Some 89% of higher-rate and 100% of lower-rate taxpaying landlords who sell will see their Capital Gains Tax bill rise in April.   This is because the annual...

Jeremy Hunt has “rendered hundreds of businesses unviable - overnight”

The Chancellor has rendered hundreds of lettings businesses unviable overnight as a result of his Budget tax clampdown. That’s the view of the Short Term Accommodation Association,...

Complaints about letting agents soar, claims redress service

There’s been a large rise in complaints and a huge increase in compensation according to figures out today from the Property Redress Service (PRS). The total figure...

Critical week ahead for interest rates and inflation

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office for Budget Responsibility says inflation...

Capital Gains Tax cut won’t encourage landlords to sell - agent

A prominent agent who advises many landlord clients says the Capital Gains Tax cuts announced in the Budget are too small to incentivise people to sell Jo...

Rent fall could be start of market turnaround, says website chief

Newly released data by flatshare website SpareRoom reveals average rental prices in Greater London have seen a drop. Average rental prices in February 2024 fell from £1,024...

Renting is now Long Term - whether tenants want it or not

Renting is becoming increasingly long-term, a new survey suggests. Monta Capital asked 1,586 UK renters about their experiences. Some 24% have been renting for 6-10 years; 22% have been...

Rents rise in most areas as landlords quit lettings sector

A new market snapshot from the Royal Institution of Chartered Surveyors shows tenant demand rising but at a rather more modest pace than previously.  At the same...

Planning Row Landlord forced to pay over £220,000

A landlord who illegally converted a property into six flats has been ordered to pay more than £220,000. A previous unlawful change of use into five flats...

Gove urged to force landlords into deals with tenants in arrears

A string of debt advice charities want Housing Secretary Michael Gove to go well beyond merely banning Section 21 in a bid to help tenants further. The...

Landlord fined thousands for not handing over paperwork to council

A council is warning landlords and tenants after one landlord was ordered to pay more than £4,700 in fines and costs for not supplying information. In a...

Mortgages - many landlords to renew rates soon, says lender

Some 40% of residential landlords with a mortgage - fixed, tracker or discount - are due to renew their mortgage rate in the next seven months...

Bond scheme will oblige landlords to let out at ‘affordable rents’

A council says a new bond scheme designed to increase the quality and availability of affordable housing for private renters across its district. The scheme is run...

Anxiety over financial issues plague landlords - new figures

A new survey reveals what it calls “the deep-rooted concerns” of landlords with inflation and the Cost of Living Crisis coming out on top. Conducted by property...

Tory slams Gove’s “wretched restrictions” on Section 21 and short lets

A Tory has slammed the proposed clampdown on short lets proposed by Housing Secretary Michael Gove - and he calls them “wretched restrictions”. Writing on the Conservative...

Massive rise in complaints from social housing tenants

The Housing Ombudsman has revealed figures showing huge increases in the numbers of complaints from tenants on social housing. The Ombudsman says in a statement that the...

Agency issues warning to landlords as tenant demand drops

The number of new rental instructions in February was 20 per cent higher year-on-year, says London-focused agency Foxtons. Average rent achieved rose three per cent in just...

NRLA leading free council teach-in for private landlords

Uttlesford District Council's annual Landlord Forum, in partnership with the National Residential Landlords Association will take place on Tuesday May 14 from 6pm to 7pm. There will...

Airbnb bans security cameras inside rental properties

Airbnb is banning the use of security cameras inside rental properties from the end of April. Airbnb currently allows security cameras in communal areas such as living...

Locations slammed for failing to meet energy efficiency targets

New analysis claims that the North East of England has made “no progress on greening the highest-emissions homes in 13 years.” Meanwhile, the same analysis claims the...

Bad landlords get short pricey licences - good landlords get the reverse

A council is launching an innovative scheme whereby good landlords get long licences - and poor ones get short licences. Gloucester council plans to give landlords who...

Rents slump up to 10% as new tenants fail to materialise

Latest data from agency Chestertons reveals a 125 per cent increase in the number of landlords choosing to reduce asking rents in February. The agency says this...

Landlords make huge contribution to local economies - new figures

New research from specialist lender Aldermore reveals the financial boost landlords provide to local economies.  Nearly eight out of ten landlords opt to use tradespeople based near...

Leasing scheme for landlords to be discussed at event with NRLA

Neath Port Talbot council plans to host a free event, providing what it calls “support and funding advice for landlords.” The Private Rented Landlord Event - at...

Landlord Tax Changes - how the government has got it wrong

The chief executive of a short lets service says Chancellor Jeremy Hunt is wrong to think penalising landlords will help solve the housing shortage. Hunt’s Budget last...

Capital Appreciation boost as prices nearly back to 2022 peak

UK house prices rose for the fifth consecutive month in February, up by 0.4 per cent or £1,091 in cash terms, with the average house price...

Green activist fighting election on Rent Controls platform

A prominent Green Party politician is arguing for rent controls - and accuses Labour of watering down its commitment to the idea.  Siân Berry - who is...

Landlord Licensing - drop-in events to be part of formal consultation

Another council is consulting about a controversial selective licensing scheme.  North Lincolnshire council says the proposed scheme is “designed to improve housing standards and protect Scunthorpe communities...

Working From Home adds to pressure to raise rents - claim

Towns within commuting distance of big cities have seen some of the UK’s largest rent rises in recent years, says Zoopla. The cost of new lets rose...

Estate agents back Airbnb clampdown “to be on same terms as rental sector”

Agents’ trade body Propertymark has called for equal parity between short-term lets and the private rented sector to ensure they meet the same standards. The news comes...

Landlords ‘should only get lower tax if they sell with sitting tenants’

An activist group is demanding that the lower Capital Gains Tax should apply only to landlords who sell with sitting tenants. In this week’s Budget it was...

Newspaper claims Renters Reform Bill “on brink of collapse”

A national newspaper says the Renters Reform Bill is “on the brink of collapse” as Tory MPs are divided on their views of the measure. The Sun quotes...

Jeremy Hunt slashes the values of holiday homes

A legal firm says Chancellor Jeremy Hunt has effectively slashed the value of holiday homes which are sold from April 2025 onwards. As expected, Hunt’s Budget this...

Pet-owning tenants ‘cause less damage than non-owners’ - new figures

Landlords are being accused by academics of under-estimating the cost of allowing pets, and under-estimating their financial benefits. A new report commissioned by animal welfare charity Battersea...

Did Generation Rent see a different Budget to the rest of us?

In what may appear a surprise to almost everyone, the Generation Rent activist group has described yesterday’s Budget as a “giveaway to landlords.” And it goes on...

Lacklustre Budget slammed by landlord body

The National Residential Landlords Association has slammed yesterday’s lacklustre Budget as a missed opportunity. Yesterday’s announcements - like to be the last ones before an election -...

Budget Silver Lining - house prices to fall less than expected

One piece of good news to come out of the small print documents accompanying the Budget concerns capital appreciation. The Office for Budget Responsibility says house prices...

Police and council back landlord’s Section 8 notice on nuisance tenant

Liverpool council and Merseyside Police have secured the eviction of a private tenant making life ‘a nightmare’ for the local community. The council investigated complaints of anti-social...

Two landlords to pay £600,000 for ignoring planning and improvement notice

A London council has successfully prosecuted two landlords who failed to comply with a planning enforcement notice originally issued against substandard flats back in 2010.  A court...

Capital Gains Tax change revealed in Budget

The Chancellor has used his Budget to confirm a 2p cut in National Insurance, from April 6. This will take it from 10 per cent to...

Eco-activists slam landlords selling up because of rent controls

Green Party activists responsible for rent controls on Scotland have now slammed landlords who claim the number of rented homes is falling. A survey by the Scottish...

NRLA and Generation Rent argue over tax ahead of Budget

In a final call on the Chancellor to help the private rental sector in today’s Budget, the National Residential Landlords Association has made a simple call...

300 per cent council tax premium proposed for long-term empty homes

Cardiff council is proposing new measures to help bring long-term empty houses back into use. Tomorrow it’s considering introducing a council tax premium on some empty properties...

New league table identifies best yields for landlords

Buy to let lender Aldermore has named Bristol, as the best city for landlords to invest in for 2024.  Manchester, Coventry, Brighton and London make up the...

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