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Long-term population rise to put more pressure on rental market

There will be long term pressure on housing affordability and the private rental sector if demographic forecasts from a range of...

19 January 2024

From: Breaking News

Landlords lack skills to be more energy efficient - bank claim

New research published by Lloyds Banking Group during Energy Saving Week has revealed the lack of confidence and skills gaps landlords...

19 January 2024

From: Breaking News

Landlord leaders and Housing Minister to address conference next month

The housing minister and the chief executive of the National Residential Landlords Association are amongst 60 speakers named for an upcoming...

19 January 2024

From: Breaking News

Normality Returns - London rental market returning to stability at last

Two new reports - from lettings agency Foxtons and data consultancy LonRes - show London’s rental market returning to pre-pandemic normality. Foxtons...

19 January 2024

From: Breaking News

Record rent rise in 2023 according to new government figures

The Office for National Statistics says private rents in England experienced a 6.1 per cent rise in 2023, the sharpest annual...

18 January 2024

From: Breaking News

Banning order victory for council after landlord appeal

Newham council in London has won what it calls a landmark case against a convicted rogue landlord. The court has dismissed the...

18 January 2024

From: Breaking News

New mortgage targets landlords planning ‘light refurbs’ on BTL properties

The Suffolk Building Society has launched new mortgage products aimed at private landlords who are planning refurbishments, such as a new...

18 January 2024

From: Breaking News

Red Sea inflation fears put the brakes on rate cut fever

A prominent analyst says the threat of rising inflation caused by the Red Sea shipping attacks - on top of this...

18 January 2024

From: Breaking News

Yield league table shows best (and worst) performing regions

A respected league table of yields in different parts of England and Wales has issued its latest figures. The Fleet Mortgages Buy-to-Let...

18 January 2024

From: Breaking News

Up to ONE MILLION new rental homes needed in just seven years

A new analysis of the private rental sector suggests that between 800,000 and one million more homes are required to meet...

17 January 2024

From: Breaking News

Rent Control Mayor dismissed as “well meaning but naive”

Rents across the UK continue to retreat from their 2023 highs, falling by 2.9 per cent over the last three months,...

17 January 2024

From: Breaking News

Landlord Alert - warning about defective CO alarms sold online

The think tank Policy Connect is warning that landlords have reported that sub-standard carbon monoxide alarms are persistently available online, leaving...

17 January 2024

From: Breaking News

Council slammed for series of failings as a social landlord

The Housing Ombudsman - which assesses problems involving social housing landlords - has found severe maladministration in four cases involving Croydon...

17 January 2024

From: Breaking News

Interest Rates - new doubt that the Bank of England will cut

The yo-yo economic news is now casting doubt on whether the Bank of England will cut base rate as quickly as...

17 January 2024

From: Breaking News

Late payments and mortgage defaults on the rise, survey suggests

Landlords increasingly struggle with tenants who pay rent late or default, a mortgage lender is claiming.  Research from Molo suggests landlords are...

16 January 2024

From: Breaking News

City Flats Are Back - landlords buy urban units as office working returns

UK landlords are doubling down on urban flats amidst a slow but definite return to conventional office working. Data from Shawbrook Bank...

16 January 2024

From: Breaking News

NRLA boss backs Labour Mayor’s clampdown on rogue landlords

Proposals for a ‘good landlord’ scheme in Greater Manchester have won the personal backing of the chief executive of the National...

16 January 2024

From: Breaking News

Insurer talks up personal guarantee demands expected by lenders

An insurance firm claims landlords shopping for a new mortgage deal may be expected by lenders to prepare personal guarantees. Purbeck claims...

16 January 2024

From: Breaking News

Commercial landlords more optimistic despite economic headwinds - lender

Despite inflationary and mortgage volatility over the last 12 months, a mortgage lender claims over a third of commercial landlords are...

16 January 2024

From: Breaking News

Daylight Robbery? Council’s 60 per cent rise in fees on landlords

Landlords who fail to ensure their private rented homes meet required standards face massively increased charges from a council. Bath & North...

15 January 2024

From: Breaking News

Tax nightmare for landlords leads to huge rise in buy to let companies

Despite a sharp fall in the number of homes bought by landlords in 2023, the number of limited companies set up...

15 January 2024

From: Breaking News

Pets In Lets - still a minority of landlords happy to see them

Another survey highlights the relatively low proportion of landlords who appear to allow tenants to keep pets. The analysis, from Confused.com Mortgages,...

15 January 2024

From: Breaking News

Upbeat Housing Market start to 2024 reports Rightmove

Average new seller asking prices rose 1.3 per cent between December and January - the biggest rise at this time of...

15 January 2024

From: Breaking News

Energy Efficiency of homes should determine social rent levels - call

A think tank says rents set in the social sector should reflect the energy efficiency of a property. It’s one of a...

15 January 2024

From: Breaking News

Landlords warned to check dates of gas safety certificates

While most landlords will be aware of the fact, they are required by law to renew the gas safety certificate for...

12 January 2024

From: Breaking News

No new law planned for private landlords and mould

There is to be no comparable law for private landlords, following the introduction of Awaab’s Law. Earlier this week the Department of...

12 January 2024

From: Breaking News

Airbnb gives its landlords tax tips to satisfy HMRC

Airbnb has taken further steps to get in the good books of HMRC by issuing a guide on tax for its...

12 January 2024

From: Breaking News

Free Renters Reform Bill teach-in for landlords of students

As the Renters Reform Bill heads towards the House of Lords, a free webinar is targeting landlords operating in the student...

12 January 2024

From: Breaking News

Rents dip slightly in almost every UK region

The latest HomeLet rental index begins 2024 with a glimmer of hope for tenants as rents have fallen for the second...

12 January 2024

From: Breaking News

Section 21: Rental sector supplier hits back at Citizens Advice claims

A rental sector insurance firm has hit back at claims made about Section 21 by the charity Citizens Advice. A spokesperson for...

11 January 2024

From: Breaking News

Over 1.5m private tenants to be better off thanks to LHA move

An estimated 1.6m private renters are set to receive an uplift to their housing support for 12 months from April 2024,...

11 January 2024

From: Breaking News

Capital appreciation rising according to another house price index

Another house price index has indicated a gentle rise in capital appreciation coming through at the end of 2023. Richard Sexton, director...

11 January 2024

From: Breaking News

NRLA beefs up top team ahead of Renters Reform Bill

The National Residential Landlords Association haas revealed two new appointments which it says “will enhance the service to its members as...

11 January 2024

From: Breaking News

Lettings Super-Agency manages over 150,000 tenanted properties

A merger of two of the biggest names in the lettings agency world will mean the combined group managing 152,000 rental...

11 January 2024

From: Breaking News

Mandatory Short Lets registration scheme introduced in part of UK

A mandatory short lets registration and licensing scheme is to be introduced in part of the UK, described as a system...

10 January 2024

From: Breaking News

Council wants private landlords as part of “real decisive action”

A Labour-controlled council is inviting private rental sector representatives to a round-table event which it pledges will not be a talking...

10 January 2024

From: Breaking News

Rent Control proposals are complex, costly and won’t work - claim

New rent control proposals put forward by politicians are unnecessary and too costly according to a leading property expert.  David Alexander -...

10 January 2024

From: Breaking News

Building society scraps mortgage application fees for landlords

The Penrith Building Society has scrapped mortgage application fees for all buy to let and residential  products, including further advances, until...

10 January 2024

From: Breaking News

Labour Mayor’s landlord clampdown backed by Build To Rent group

The Build To Rent trade body, the UK Apartment Association, is backing the proposals outlined to clampdown on rogue landlords put...

10 January 2024

From: Breaking News

Auctioneer says the future is online bidding, not in-person

Landlords have long been a backbone of the auction industry but one player in the sector says the future is online...

10 January 2024

From: Breaking News

Tough EPC targets to return despite Sunak’s U-turn - new warning

There’s a warning this morning that stricter Energy Performance Certificate measures for the private rental sector may not have gone, after...

09 January 2024

From: Breaking News

Time limits for landlord repairs proposed as part of Awaab’s Law

New plans to clamp down on rogue social landlords who fail to provide safe homes have been announced today. This is part...

09 January 2024

From: Breaking News

Building Society warns it may stop lending on holiday lets

A building society says it is considering ending its policy of lending to buyers of holiday lets. Martese Carton, the director of...

09 January 2024

From: Breaking News

NRLA welcomes Labour Mayor’s ‘get tough on landlords’ consultation

The National Residential Landlords Association has welcomed a consultation proposal by Greater Manchester’s Labour Mayor, Andy Burnham. Burnham’s Greater Manchester Good Landlord...

09 January 2024

From: Breaking News

Landlord fined by council for failing to carry out repairs

A London council has prosecuted a landlord for failing to carry out repairs on his property and causing a severe health...

09 January 2024

From: Breaking News

Activist slams bank boss for telling buyers to save for deposits

The chief executive of Generation Rent has slammed the chair of the NatWest Bank for comments over first time buyers. At the...

08 January 2024

From: Breaking News

Analyst warns house price boost “like a dodgy prawn at a buffet”

Analysts have warned landlords and others interested in the housing market from celebrating too much following the latest Halifax index figures. The...

08 January 2024

From: Breaking News

Has your tenant been told to wait for the bailiff to arrive?

The National Residential Landlords Association wants to show the government that some local councils still advise tenants served with a valid...

08 January 2024

From: Breaking News

Crisis? What Crisis? House prices actually WENT UP in 2023

The latest Halifax house price index shows average house prices rose by 1.1 per cent in December, the third monthly rise...

08 January 2024

From: Breaking News

Landlords taking legal action against ‘eye watering’ council licensing

Four landlords are contemplating seeking a judicial review of a council’s proposed licensing scheme extension. Middlesbrough council is consulting on extending its...

08 January 2024

From: Breaking News

Labour plan to give tenants a right to demand Property Checks

Labour’s Mayor of Greater Manchester and former Cabinet minister Andy Burnham says this year is when he will ”get serious” about...

05 January 2024

From: Breaking News

Warning to landlords and tenants over fake energy schemes

Letting agents’ trade body Propertymark has issued a warning to the rental sector about scams based on energy efficiency measures.  An increase...

05 January 2024

From: Breaking News

Budget - landlords have three weeks to give Hunt advice

HM Treasury has opened its representations portal, meaning landlords - and anyone else - can submit their ideas for the next...

05 January 2024

From: Breaking News

Landlords without central heating offered financial incentives

Renters and landlords of properties without gas central heating can now get energy saving green measures installed free of charge or...

05 January 2024

From: Breaking News

Another council leaps on landlord licensing gravy train

Middlesbrough is the latest council wanting to expand its landlord licensing regime. It’s consulting on extending its existing scheme to another ward. The...

05 January 2024

From: Breaking News

BTL Mortgage Rates slashed by prominent specialist lender

One of the UK’s best known platforms for mortgages has significantly reduced its Buy To Let rates. Starting from 3.79 per cent,...

04 January 2024

From: Breaking News

Frustrated returning sellers cut prices - an opportunity for investors?

An analysis of homes that have returned to the market after failing to find a buyer in 2023 suggests that sellers...

04 January 2024

From: Breaking News

Activist group makes formal public apology to landlords' chief

The controversial activist group Acorn has made a formal public apology to the chief executive of the National Residential Landlords Association. On...

04 January 2024

From: Breaking News

Record number of sellers come to market on Boxing Day

Rightmove claims that a new record number of sellers came to market on Boxing Day, with a 26 per cent increase...

04 January 2024

From: Breaking News

Green Mortgages - are they a busted flush?

Awareness of green mortgages is dipping among buyers, according to new research. Almost two thirds of mortgage advisers say their clients have...

04 January 2024

From: Breaking News

Landlords overwhelmingly back Airbnb clampdown - council’s claim

A local authority in a tourist hotspot claims that local landlords have “overwhelmingly” backed a move to clampdown on Airbnbs and...

03 January 2024

From: Breaking News

Higher rents mean first time buyers compromise on size - claim

Escalating rents have led many first time buyers to adjust their property expectations and accept smaller homes when they purchase, a...

03 January 2024

From: Breaking News

HMO licensing scheme is “a step forward” claims council

An additional licensing scheme for HMOs has come into effect in a London borough.  The new scheme will cover properties in Greenwich which...

03 January 2024

From: Breaking News

Landlords upbeat about 2024 prospects despite huge challenges

Some 74 per cent of buy to let landlords are optimistic about the property market in the next 12 months, it’s...

03 January 2024

From: Breaking News

Massive Slump in buy to let lending - mortgage figures

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 -...

03 January 2024

From: Breaking News

Citizens Advice claims landlords evict tenants “to avoid doing repairs”

A spokesperson for the Citizens Advice charity has claimed at a public meeting that private landlords serve Section 21 notices on...

02 January 2024

From: Breaking News

Rental sector rivals unite against Tory First Time Buyer plans

Both sides of the rental divide have criticised Conservative proposals to boost housing demand while doing nothing about supply. Over the New...

02 January 2024

From: Breaking News

Warning - House Values could dip once again in 2024

There’s no prospect of a rapid recovery for the housing market in 2024 despite some green shoots appearing. The warning comes from...

02 January 2024

From: Breaking News

HMRC reveals big slump in residential property deals

New data from HM Revenue and Customs reveals a 22 per cent annual drop in residential transactions in the year to...

02 January 2024

From: Breaking News

Negative Capital Appreciation for landlords in 2023 - final figures

UK house prices ended 2023 down 1.8 per cent compared with December 2022, leaving them almost 4.5 per cent below the...

02 January 2024

From: Breaking News

Mortgage Chiefs forecast better days for landlords in 2024

Many landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the...

29 December 2023

From: Breaking News

Tax and Energy Efficiency tips dominate agent’s advice to landlords

Online rental platform Lettingaproperty is telling landlords to take a strategic approach to property management in 2024, to help tnavigate legislative...

29 December 2023

From: Breaking News

Latest council licensing scheme takes over £900 from each landlord

A new council licensing scheme has been given the go ahead by the government. Peterborough council’s selective licensing scheme will be run...

29 December 2023

From: Breaking News

2024 - Rightmove’s Forecast for the Housing Market

Rightmove has revealed its forecast for 2024 - and has looked back on the past 12 months. This year, 2023, ends with...

29 December 2023

From: Breaking News

Vast majority of landlords ‘not optimistic’ about 2024

The substantial majority of landlords lack any optimism about their sector as they enter 2024. That’s the result of a new sentiment...

29 December 2023

From: Breaking News

Warning to Airbnb and Short Let hosts over January tax change

Thousands of Britons earning from letting their spare room or using parts of their home on platforms like Airbnb could be...

28 December 2023

From: Breaking News

Gove’s Christmas Gift to Landlords - yet another licensing system

It’s emerged that Housing Secretary approved yet another vast landlord licensing system just days before Christmas. On December Gove gave approval to...

28 December 2023

From: Breaking News

Pet-friendly law change for renters is “good news” insists lettings boss

The head of a major industry service supplier insists the Renters Reform Bill provision making it easier for tenants to keep...

28 December 2023

From: Breaking News

Agent lifts lid on what high-end tenants expect…and what they get

According to a London property management company, the profile of renters in prime London is varying hugely.  Glenfield Property Management says that...

28 December 2023

From: Breaking News

Investors could save tens of thousands with cash-only purchases

A new analysis of discounts available to cash buyer suggests they can save tens of thousands of pounds on some property...

28 December 2023

From: Breaking News

Over 90% of homes could meet EPC rating C or higher - claim

A major property industry supplier claims that the housing sector could meet government targets to improve the Energy Performance Certificate ratings for homes.  Landmark...

27 December 2023

From: Breaking News

Emergency law demanded to regulate Airbnbs and Short Lets

A local authority is calling for emergency legislation to help it and other councils stop the spread of Airbnbs and other...

27 December 2023

From: Breaking News

Rental activists claim public support for radical five point 2024 wish list

The controversial Renters Reform Coalition - a band of campaigners including the Acorn and Generation Rent ginger groups - claims public...

27 December 2023

From: Breaking News

Why are some Labour politicians still arguing for Rent Controls?

A Labour politician has returned to the subject of rent controls - even though the party has officially abandoned this as...

27 December 2023

From: Breaking News

Cash help on rental property refurbs and disability adaptations

A council is developing a new private sector housing renewal and disabled adaptations policy and is seeking the views of landlords,...

27 December 2023

From: Breaking News

Mortgage costs for many landlords rocket upwards - fresh figures

Monthly interest costs have surged by 283 per cent since 2021 for landlords using interest-only mortgages, research shows. Octane Capital compared rates...

22 December 2023

From: Breaking News

Landlords warned over looming electrical checks crisis

Repairs and maintenance supplier Fixflo is warning landlords of a surge in demand for Electrical Installation Condition Reports in the short...

22 December 2023

From: Breaking News

Lloyds Bank unveils latest Build To Rent challenge to Buy To Let

Citra Living, the Build To Rent arm of Lloyds Banking Group, has announced another new scheme. It is a 95-flat development at...

22 December 2023

From: Breaking News

Amended Renters Reform Bill now runs to 155 pages

The Renters Reform Bill in its latest amended version now runs to 15 pages, and is available on the Parliament website. The...

22 December 2023

From: Breaking News

New phased-payments option for tenants booking Airbnb

Airbnb is changing the way prospective tenants can pay.  The launch is part of a phased global roll-out which will see Klarna...

22 December 2023

From: Breaking News

Landlords Warn Tenants - rents up in 2024 thanks to mortgage costs

Almost two thirds of private landlords expect to see their mortgage payments increase over the next 12 months with warnings that...

21 December 2023

From: Breaking News

Landlords intimidate tenants into not reporting faults, says Generation Rent

Christmas goodwill towards landlords seems in short supply from activist group Generation Rent.  It has this week issued a statement saying the...

21 December 2023

From: Breaking News

Inflation Drop’s Big Question - will interest rates fall sooner, not later?

Consumer Price Inflation in November was 3.9 per cent - significantly lower than the 4.4 per cent expected by many analysts. It’s...

21 December 2023

From: Breaking News

Airbnb using AI to clampdown on anti-social tenants during holiday season

Airbnb in the UK is bringing in restrictions on certain bookings over New Year’s Eve to deter guests holding anti-social parties. Proprietary...

21 December 2023

From: Breaking News

HMRC Self-Assessment Helpline slammed for not helping callers

A business consultancy claims the HMNRC Self-Assessment helpline - set up to assist those compiling and filing tax returns as the...

21 December 2023

From: Breaking News

Stark Warning - Britain ‘in grip of damp and mould crisis’

Britain is in the grip of a new mould crisis, a leading property association has warned.  The National Association of Property Buyers...

20 December 2023

From: Breaking News

Soft landing in 2024 but no full-scale recovery - Nationwide

The Nationwide says 2023 has seen a surprisingly-resilient housing market but there will be no full scale recovery in 2024 -...

20 December 2023

From: Breaking News

Landlords still upbeat despite challenges (apparently)

Two-thirds of private landlords in the UK are optimistic about how their property investments will perform in the coming years -...

20 December 2023

From: Breaking News

Energy efficiency rental upgrades slump following government U-turn

Three-quarters of landlords welcome the government’s decision in the autumn to scrap the proposal that all rental property must have an...

20 December 2023

From: Breaking News

Former Tory housing minister lets rip at ‘predatory freeholders’

Former housing minister Rachel Maclean - the victim of a shock sacking by Prime Minister Rishi Sunak last month - has...

20 December 2023

From: Breaking News

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