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Property sector gives its views to the new PM, Liz Truss...

After weeks of campaigning, Liz Truss is the country’s new Prime Minister – and the property industry has already reacted with views on what she should do to help. While Ms Truss has made clear...

City’s private landlord licensing scheme is launched...

Landlords who rent out private homes in one city are now subject to a mandatory selective licensing scheme – the first one outside of London. And the council has also unveiled plans this week to close...

Where student landlords can earn the best yields...

The British towns and cities where student landlords can earn the best yields have been revealed. According to Paragon Bank, landlords letting to students can achieve the strongest yields in smaller single...

London rental properties letting within minutes...

One lettings agency in London says that tenant demand is so great in the capital for rental properties that many homes are being let within minutes of becoming available. Benham and Reeves point to demand...

Number of landlords in the UK increases – claim...

Despite the Government’s best efforts, the number of landlords within the British rental market has climbed by 2.4% since 2016/17, research reveals. The findings from Total Landlord Insurance, who...

Major report will reveal letting agents’ concerns over...

Letting agents across the UK are increasingly concerned about lack of stock as well as the state of the economy – as 10% of landlords have already left the sector and more are expected to follow...

Who is responsible for flat damage?

Hello everyone, A tenant went on holiday for a month, came back and her flat had been robbed. Thieves had damaged the windows and wooden flooring, made a mess elsewhere so a deep clean will be needed.

NRLA criticises plans for PRS Decent Homes Standard...

The National Residential Landlords’ Association (NRLA) says that the government should not be considering a move to extend the Decent Homes Standard from social housing to the private sector. Instead,

New Decent Homes Standard proposed for the PRS...

The government has unveiled a consultation for a new Decent Homes Standard for the private rented sector – and it could be the biggest shake-up for landlords in 30 years. This is the first time that...

UK rents continue rising to new heights...

Every region in the UK has seen annual and monthly rent growth with the average price now standing at £1,143, one index reveals. According to HomeLet, the average rent in August grew by 8.5% from last...

Low-yielding landlords to leave PRS when house prices ‘flatline’...

Landlords and property investors are being warned by a real estate firm that house prices will ‘flatline’ in 2023 as interest rate rises will cool the market. And it will be low-yielding landlords...

UK’s annual house price growth slows to 10%...

The UK’s annual house price growth slowed to 10% in August – down from July’s 11%, according to the latest Nationwide house price index. The data also reveals that prices rose 0.8% month-on-month...

Student landlord fears over periodic tenancies dismissed...

It looks like student landlords will have to move to periodic tenancies for their rental properties – according to the Department for Levelling Up, Housing & Communities (DLUHC). While the Renters...

Landlords warned over mandatory smoke and carbon monoxide alarms...

There’s just one month left before landlords – or their agent – must meet the mandatory requirement of fitting smoke and carbon monoxide alarms to their rented properties. The rules state...

Scotland’s PRS is forcing ‘unappreciated landlords’...

Scotland’s unappreciated landlords are being forced from the PRS, a letting agent says. The warning comes from Riccardo Giovanacci who says that more needs to be done to attract more landlords into the...

Rent cap on social housing – is the PRS next?

The government has unveiled a consultation to impose a rent cap on social housing next year – at below the rate of inflation. The move is aimed at helping tenants with the cost-of-living crisis.

‘Punitive tax regime’ forces investors to leave BTL...

Institutional and individual investors are moving away from buy to let and into multi-use buildings and because of the punitive tax regime against landlords, according to one firm of estate agents. ...

Call for better education for landlords to avoid deposit disputes...

The Association of Independent Inventory Clerks (AIIC) says that the number of deposit disputes can be reduced through better knowledge of what counts as ‘fair wear and tear’. They say that landlords...

Renters’ reform risks shrinking the PRS even further, says...

Propertymark has revealed that it has warned the Levelling Up, Housing and Communities Committee that England’s private rental sector (PRS) will shrink further if current plans for reform are carried...

Landlords urged to resolve succession planning – and avoid...

There is a ‘worrying lack of succession planning’ among older landlords, with half of those aged 45 or above lacking any long-term management plans, a survey reveals. The research also reveals...

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