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HMRC figures show tax soaring again as frozen thresholds bite

With the General Election campaign increasingly focusing on tax - on property and other assets and income - new figures from...

25 June 2024

From: Breaking News

HMO landlords heavily reliant on property for sole income

Half of HMO landlords say their property or portfolio is their sole source of income. Just under 30% of landlords who took...

25 June 2024

From: Breaking News

Young people more worried about risk of homelessness - survey

More than one in four young people are worried that they or someone they know will become homeless in the next...

25 June 2024

From: Breaking News

Landlords' trade body sets out three key election ‘asks’

The National Residential Landlords Association has set out what it calls “three key asks” of the new government to protect and...

25 June 2024

From: Breaking News

Landlord fails in appeal against HMO licensing conviction

Somerset council last year successfully prosecuted a Taunton landlord for bfailing to licence their various properties.  The landlord since appealed their conviction...

25 June 2024

From: Breaking News

Labour vows to scrap Tories’ gas boiler ban

Labour is pledging to scrap the Conservatives’ plan to ban new gas boilers from 2035. The pledge has come from shadow energy...

24 June 2024

From: Breaking News

Airbnb short lets banned by 2028 - could it happen here too?

The mayor of Barcelona has pledged to eliminate Airbnb-style short lets in the city within five years.  Socialist Jaume Collboni claims he...

24 June 2024

From: Breaking News

Mortgages data shows uphill struggle for renters to become buyers

A new first-time buyer study from Rightmove reveals that the average first-time buyer mortgage payment has risen by 61% since the...

24 June 2024

From: Breaking News

Landlord caused “significant risk to health” of tenants - fined £20k

A landlord has been ordered to pay more than £20,000 after being found guilty of offences related to the living conditions...

24 June 2024

From: Breaking News

More Lenders woo buy to let investors with revised rates

Mortgage lenders are continuing a mix of cutting rates and changing criteria in a bid to woo buy to let investors. Precise...

24 June 2024

From: Breaking News

Call for more regulation over damp and mould in homes

A national trade body is calling for more regulation to shield people from the dangers of damp and mould in homes. The...

21 June 2024

From: Breaking News

Activists send “warning” letter to Major Party Leaders

A letter from a coalition of pro-tenant groups has been sent to the leaders of the Labour, Conservative, Liberal Democrat, Reform...

21 June 2024

From: Breaking News

George Galloway slams “wealthy buy to let pensioners”

Controversial politician George Galloway has issued a party manifesto saying the payment of “exorbitant rents to wealthy buy to let pensioners”...

21 June 2024

From: Breaking News

Private Tenants pay three times as much for same space - claim

A think tank claims that when it comes to space within a home, private rental sector tenants pay three times as...

21 June 2024

From: Breaking News

Maybe 40 Years Before Housing Shortage Resolved - new analysis

The property consultancy Bidwells says that based on an average 300,000 new homes a year it could be four decades before...

21 June 2024

From: Breaking News

Interest Rate Decision announced by Bank of England

The Bank of England has kept base interest rate at 5.25%. Some industry figures hoped for a cut following yesterday’s inflation news,...

20 June 2024

From: Breaking News

Rayner wants EPC targets and bidding wars ban in new clampdown

Labour has stepped up its programme clamping down on what it calls “unscrupulous landlords strangling growth.” Specifically this means ending bidding wars,...

20 June 2024

From: Breaking News

Election Policies could Push Up Rents, warns leading analyst

A prominent economic analyst warns that many of the rental policies advocated by the major political parties in the General Election...

20 June 2024

From: Breaking News

No Chance of Interest Rate Cut Today despite inflation good news

Experts say there is no chance of a cut in interest rates being announced by the Bank of England ’s Monetary...

20 June 2024

From: Breaking News

NRLA says Rental Reform sabotaged by lack of tenant choice

A lack of choice for private renters about where they can live will undermine plans set out by political parties to...

20 June 2024

From: Breaking News

EPCs dismissed as “inaccurate” and “unhelpful”

Energy Performance Certificates can be riddled with inaccuracies and give unhelpful advice to property owners. That’s the view of consumer service...

20 June 2024

From: Breaking News

More Lenders Cut Rates and Rules to Win Landlord Clients

Three more lenders have revised their buy to let mortgage range as competition continues apace to get landlord customers. Landbay has announced...

19 June 2024

From: Breaking News

Politicians’ house building targets will fail without more cash - claim

The Resolution Foundation - which describes itself as an independent think tank, and whose chief executive resigned this month to become...

19 June 2024

From: Breaking News

New Labour Manifesto hints at Rent Controls in Scotland

A manifesto just released by the Labour Party and dedicated to Scotland hints at ent controls. In recent years Labour has backed...

19 June 2024

From: Breaking News

Tenants failing to clean is biggest cause of deposit losses

New data from flat-sharing platform SpareRoom shows what it calls “the staggering financial impact of cleaning-related deposit deductions on renters.” It claims...

19 June 2024

From: Breaking News

Rental Growth Stabilising with only one area seeing rents fall

Rental growth seems to be stabilising, says lettings agency Hamptons.   It says the cost of a newly let home in Great Britain...

19 June 2024

From: Breaking News

Farage ’will reverse S24 Landlord Tax Change within 100 days’

Nigel Farage has pledged that his Reform UK party would reverse the Section 24 landlord tax changes within 100 days. Section 24...

18 June 2024

From: Breaking News

Landslide Labour Council set to force landlords to buy £1,000 licence

Local media in the Midlands say another Labour council is set to charge private landlords £1,000 for a licence allowing them...

18 June 2024

From: Breaking News

Labour Victory - Most landlords unfazed at prospect of Starmer win

A survey of over 1,000 landlords finds they appear largely reconciled to the election of a Labour government after 14 years...

18 June 2024

From: Breaking News

Reform UK policies dismissed as return to Liz Truss disaster

Mortgage experts have criticised the Reform UK housing and tax policies as being superficially appealing but risking a return to the...

18 June 2024

From: Breaking News

Hammered! NRLA's new partnership with online auctions specialist

The National Residential Landlords Association has entered into a partnership with SDL Property Auctions. SDL sells a wide range of properties in...

18 June 2024

From: Breaking News

Tenancy Deposits Increasingly Fall Short of Landlord Claims

The number of tenancies ending in arrears of more than five weeks’ rent has jumped to 17%, a deposit alternative service...

17 June 2024

From: Breaking News

Pro-tenant activists slam Labour’s rental reform plans

Labour’s manifesto commitment to empower renters to challenge unreasonable rent increases has been slammed because it “would leave millions trapped in...

17 June 2024

From: Breaking News

Caps on Holiday Lets and Rent Controls in latest manifesto

Plaid Cymru, the party of Wales, has issued a manifesto with a clampdown on the private rental sector as one of...

17 June 2024

From: Breaking News

Tenants Disadvantaged in Elections Compared to Landlords - claim

One of the more unexpected claims from Generation Rent activists is that when it comes to democracy, tenants are disadvantaged compared...

17 June 2024

From: Breaking News

Election Delay - some sellers hold back until after July 4

Rightmove says that while much of the housing market is carrying on regardless, some higher end potential vendors are now sitting...

17 June 2024

From: Breaking News

NRLA ‘ready to work with Labour’ on new Rental Reform Bill

The National Residential Landlords Association says it’s ready and willing to work with a future Labour government on private rental sector...

14 June 2024

From: Breaking News

Labour Capital Gains Tax Threat - a lawyer’s advice

The Labour manifesto has made no mention of Capital Gains Tax, and while Sir Kier Starmer has ruled out many mainstream...

14 June 2024

From: Breaking News

New Adverse-Credit Buy To Let Mortgage Launched

Buckinghamshire Building Society has launched a new non-standard credit buy to let mortgage, following what it calls “significant broker demand.” The BTL...

14 June 2024

From: Breaking News

Yet More Licensing: another council consults on two schemes

A consultation on a new licensing scheme has been launched by Reading council. The consultation will look at extending the current HMO...

14 June 2024

From: Breaking News

HMO Neglect leads to Five Figure Fine for landlord

The owners of a large HMO in London have been fined £13,500 after failing to repair multiple hazards within their property. A...

14 June 2024

From: Breaking News

Labour pledges “immediate” scrapping of Section 21

Labour’s manifesto, just released, makes a pledge to enact the “immediate” abolition of Section 21 eviction powers, along with other private...

13 June 2024

From: Breaking News

Over 40 tenants compete for every Gumtree rental in key towns

Some locations in the UK are seeing as many as 40-plus prospective tenants racing for the keys of every available rental...

13 June 2024

From: Breaking News

Refurb-To-Let products target landlords improving properties

Paragon Bank has launched a new refurb-to-let deal, offering landlords finance to upgrade their properties. The two refurb-to-let products are designed for...

13 June 2024

From: Breaking News

Radical EPC Targets and Rent Controls are latest party pledges

Another raft of General Election pledges have been made to transform the private rental sector - this time from the Green...

13 June 2024

From: Breaking News

Homelessness fear haunts a third of private renters, new poll suggests

More than one in five people in the UK fear they or someone they know could be homeless in the next...

13 June 2024

From: Breaking News

Capital Appreciation - single digit growth by late 2025

A new house price forecast by peer-to-peer real estate investment platform, easyMoney, suggests average house price growth of 6.3% by the...

13 June 2024

From: Breaking News

Landlord Tax scheme could cost HMRC millions in lost income - claim

It’s been suggested that a Tory manifesto policy could create a tax loophole that would cost HMRC millions of pounds in...

12 June 2024

From: Breaking News

Generation Rent says landlords should  share tax break with tenants

The Generation Rent activist group says the Conservative manifesto pledge to give a tax break to landlords selling to tenants should...

12 June 2024

From: Breaking News

Tory Rental Reform and Housing Policies in Full

The Conservatives have set out a 78-page manifesto, of which just over two pages are given to housing and related issues.  Here...

12 June 2024

From: Breaking News

Warning to Landlords after Suspended Jail Sentence

An advisory service is warning landlords to heed the lessons from a recent court case concerning legal obligation to ensure fire...

12 June 2024

From: Breaking News

Build To Rent wants special treatment from next government

The British Property Federation wants the next government to give special assistance to Build To Rent developers to allow them to...

12 June 2024

From: Breaking News

Capital Gains Tax scrapped for landlords selling to tenants - Tory pledge

The Conservatives say they will scrap Capital Gains Tax for landlords who sell to sitting tenants, if they win the General...

11 June 2024

From: Breaking News

Airbnb Clampdown, S21 Scrapped, and other manifesto pledges

The Liberal Democrats have set out a predictable set of pledges in their manifesto for next mon this election, centred on...

11 June 2024

From: Breaking News

Mortgage Lenders step up pitch for buy to let landlords

Several lenders have revised their products as competition for buy to let landlords hots up. Melton Building Society has launched four new...

11 June 2024

From: Breaking News

Landlords abandoning single lets in search of higher yields - bank data

Landlords are increasingly turning towards semi-commercial property, a bank says. Shawbrook says its semi-commercial applications have almost doubled in 2024 compared to...

11 June 2024

From: Breaking News

Generation Rent quibbles over proposal for landlord register

Generation Rent has raised detailed concerns about a proposal from the Liberal Democrats to introduce a national register of landlords.  The Lib...

11 June 2024

From: Breaking News

Liars! Politicians blasted for “blatant untruths” about rental sector

A lettings industry figure has let rip at politicians pitching for votes at next month’s General Election. HomeLet and Let Alliance chief...

11 June 2024

From: Breaking News

Councils that regulate private landlords have 34,000 empty homes

An investigation by Sky News and a housing campaigner have revealed that there are some 33,993 vacant council properties in England...

10 June 2024

From: Breaking News

Left wing renter groups slam Labour for prioritising first time buyers

The ink was hardly dry on Labour’s plan for a mortgage guarantee scheme for first time buyers before some left wing...

10 June 2024

From: Breaking News

New Rental Reform Bill needed to protect tenants, claims Zoopla

In an unusual intervention for a lettings industry supplier, Zoopla has made an impassioned plea for a new Renters Reform Bill. The...

10 June 2024

From: Breaking News

Suspended jail sentence for landlord after 11 trapped in burning building

A landlord has been sentenced to six months in prison - suspended for 18 months - and 250 hours community service...

10 June 2024

From: Breaking News

Capital Appreciation steady as house prices show no major movements

Average house prices remained broadly stable in May, down just 0.1% on a monthly basis. This actually took the annual rate of...

10 June 2024

From: Breaking News

Labour upsets Generation Rent by prioritising first time buyers

The Generation Rent activist group has issued a statement appearing sharply critical of Labour’s first new policy on housing in the General...

07 June 2024

From: Breaking News

Lenders vie for landlord borrowers as mortgage market hots up

Two lenders are making a pitch for landlord borrowers as the buy to let mortgage market continues to be highly competitive. Buy...

07 June 2024

From: Breaking News

NRLA slams councils for failing to inspect rental homes with hazards

Private renters in England face a postcode lottery as councils are failing to properly inspect properties with potential hazards. That’s the view of...

07 June 2024

From: Breaking News

Shock Figures - 15 tenants chasing every home for rent

Shock new figures from Zoopla show that although rental demand has softened over the last year there are still 15 people...

07 June 2024

From: Breaking News

Rent Controls? Agents say Labour crisis is chance to rule them out

Propertymark says the current political crisis in Wales - where the Labour Welsh Parliament leader has lost a confidence vote but...

07 June 2024

From: Breaking News

Landlords take legal action against Labour council over licensing

Legal action has been launched against Middlesbrough’s Labour council amid claims a licensing scheme which charges landlords almost £1,000 for each...

06 June 2024

From: Breaking News

Activists use homelessness issue to demand new Renters Reform Bill

The issue of homelessness and cost of temporary accommodation are being cited as reasons for a new version of the Renters...

06 June 2024

From: Breaking News

Another Labour council launching huge expansion of licensing scheme

From July 1 most privately rented properties in Lewisham, south London, will need a property licence.  With one in four households in...

06 June 2024

From: Breaking News

Agency appears not to know Renters Reform Bill is dead

A lettings agency has issued a statement seeking to woo landlords  and says the “forthcoming legislative changes such as the Rental...

06 June 2024

From: Breaking News

Deposit Alternative supplier strikes mega-deal with Build To Rent operators

Deposit alternative product Reposit will now be offered to residents at five new Build to Rent sites as part of an...

06 June 2024

From: Breaking News

Generation Rent demands Labour make “all evictions discretionary”

New demands from the Generation Rent group go much further than the original Renters Reform Bill in removing landlords’ rights. The group...

05 June 2024

From: Breaking News

Labour activist demanding Airbnb clampdown dropped by party

A Labour councillor who has wanted restricted rights for buy to let landlords and short let hosts has been dropped as...

05 June 2024

From: Breaking News

Eviction Court Delays will be huge challenge for new government

A prominent solicitors’ firm says the failure of the Renters Reform Bill to become law may have attracted headlines but the...

05 June 2024

From: Breaking News

Bin Storage Row contributes to £25,000 bill for private landlord

Landlord Mohammed Saleem has been found guilty of multiple planning enforcement violations related to properties in Bedford. Saleem, along with his company...

05 June 2024

From: Breaking News

Another upbeat survey from lender claims landlords expanding portfolios

Nearly half of landlords intend to buy property in the next 12 months, claims another optimistic survey by specialist lender Landbay. Forty...

05 June 2024

From: Breaking News

Yes, it really DOES still pay to be a landlord

The Times recently calculated that recent tax and regulation changes made it unviable for many landlords to continue in the sector. We...

04 June 2024

From: Breaking News

Police urge landlords to smoke out cannabis farm tenants

The police has warned landlords to beware of tenants wanting to use properties as cannabis farms. The warning comes after police officers...

04 June 2024

From: Breaking News

NRLA’s compliance service links with high-profile PropTech firm

PropTech platform Goodlord has partnered with safety certificate provider Safe2 to offer compliance work for the lettings sector.  Safe2 - recently acquired...

04 June 2024

From: Breaking News

Billions! Landlords adds so much to the economy, says NRLA

The Welsh private rented sector makes a gross value added (GVA) contribution of £1.6 billion to the UK economy, according to...

04 June 2024

From: Breaking News

Free Energy Efficiency teach-in for landlords

An event being held this month is aiming to help private landlords in part of Wales transform their properties into energy-efficient,...

04 June 2024

From: Breaking News

Shelter complains of high private rents - but has an alternative

Campaigning charity Shelter claims social rents are 64% more affordable than private rents, with social tenants in England having to pay...

03 June 2024

From: Breaking News

Row over landlord critic who mysteriously wins Labour nomination

A row has broken out over the head of a think tank who surprised Labour Party members by being appointed as...

03 June 2024

From: Breaking News

Capital Appreciation Boost - house prices are strengthening

Average house prices rose 0.4% in May, taking the annual growth rate up to 1.3%, from 0.6% in April. The figures come...

03 June 2024

From: Breaking News

Police tip off council about overcrowded and unlicensed HMO

A House in Multiple Occupation in Coventry, that came under the spotlight after reports of overcrowding, is being investigated for failing...

03 June 2024

From: Breaking News

Landlord sent abusive and racist emails to top politician

A landlord has pleaded guilty to behaving in a threatening or abusive manner, with the offence having been racially aggravated, having...

03 June 2024

From: Breaking News

Tomorrow’s Stamp Duty Change “a missed opportunity to reform renting”

A controversial stamp duty change - announced months ago but coming into effect tomorrow - has been described as a missed...

31 May 2024

From: Breaking News

At Last! Senior agent stands up for holiday homes and second properties

A senior Propertymark figure has made the case for second and holiday homes - against the recent trend of criticism. The issue...

31 May 2024

From: Breaking News

Most renters consider moving back to the family home - new figures

Almost one in four (23%) young private renters defined as 21 to 34-year-olds  regularly consider moving back into their family home. Another...

31 May 2024

From: Breaking News

Pair of Portfolio Landlords hit with hefty fine over their HMO

A couple who are portfolio landlords in the London borough of Haringey have been ordered to pay £10,000 after failing to...

31 May 2024

From: Breaking News

Calling Landlords - what do you think of student accommodation?

A survey by an organisation called the International Union of Property Owners is seeking UK private landlords’ views on student accommodation. A...

31 May 2024

From: Breaking News

Sell off of Airbnbs leads to glut of properties on market

There’s been a big rise in the supply of homes for sale - 20% up on this time last year. This is...

30 May 2024

From: Breaking News

Corbynite Rental Reform MP stopped from standing in election

A Labour MP who served in Jeremy Corbyn’s shadow administration and has spent much of his Parliamentary career criticising the private...

30 May 2024

From: Breaking News

Tenant Arrears? Ask them what they can afford to pay, suggests industry figure

A property industry commentator has given a five point guide to landlords faced with rising arrears from tenants. And one of them...

30 May 2024

From: Breaking News

Buy To Let lender slashes rates on mortgages

Foundation Home Loans has cut rates across its buy to let, core and ‘specials’ range and changed some residential rates as...

30 May 2024

From: Breaking News

Investor in defunct online agency becomes NRLA keynote speaker

A former figurehead from TV’s Dragon’s Den is addressing landlords late this year at the National Residential Landlords Association landlord conference. James...

30 May 2024

From: Breaking News

Why It No Longer Pays To Be A Landlord

New figures released by Savills, and published by The Times, show exactly why it no longer makes sense to be a...

29 May 2024

From: Breaking News

Huge surge in Right To Rent checks as non-compliance fines soar

There’s been a surge in Right to Rent checks - up 577% year on year. Under the Right to Rent Scheme, civil...

29 May 2024

From: Breaking News

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