Page 134 – Property118
MPs debate Renters’ Rights Bill amendments during report stage vote.

Landlord organisation raises alarm over Renters’ Rights Bill amendments

13th January 2025

With the Renters’ Rights Bill returning to Parliament this week, a landlord organisation is warning of unintended consequences the Bill will bring to the private rented sector. ihowz say they are concerned over several amendments in the Bill including restrictions on when landlords can request a guarantor and limits on advance rent payments. The Bill […]

Person handling money with sold house tag symbolizing property sale profits

House seller gains slip below £100k as price growth weakens

13th January 2025

House sellers in England and Wales saw their average profit slip below £100,000 last year, down from a record high in 2022, research reveals. According to Hamptons, the average household sold their home for £91,820 more than they paid, representing a 42% gross profit – but that’s the lowest return in more than a decade. […]

Man reviewing documents with Renters’ Rights Bill highlighted, reflecting agent concerns.

Letting agents express concerns over the Renters’ Rights Bill

13th January 2025

Anxiety over the Renters’ Rights Bill is mounting among property agents as it reaches its Report Stage in the House of Commons this week, Propertymark says. The professional body found that 50% of agents are concerned about the bill’s potential impact, including increased administrative burdens and broader consequences for the private rented sector. Beyond the […]

Warning about fake payslip scam targeting landlords in London

Landlords warned of fake payslip scam

13th January 2025

Landlords in London are being warned by the National Residential Landlords Association (NRLA) to thoroughly vet tenant documents after a series of forged payslips were presented to them. Would-be scammers have submitted fake payslips and employment contracts claiming to be from Revolugen Ltd, a Glossop-based company. Revolugen has confirmed that it is contacted weekly by […]

Sign reading “Short-term Rental” with keys and “Not Guilty” stamp beside Scottish flag

Short-term lets not to blame for Scotland’s housing crisis

13th January 2025

Short-term lets should not be blamed for the housing crisis in Scotland, according to new research. Data by BiGGAR Economics reveals that short-term lets boost Scotland’s economy by £154m Gross Value Added (GVA) per year, supporting 5,580 jobs in Edinburgh alone. According to the report, short-term lets only make up 1% of all homes in […]

Landlord Sales Agency visual showing leap from 2024 to 2025 with message of property sales success

Kick-off 2025 with cash in the bank by selling your property portfolio

10th January 2025

2024 was a tough year for landlords, with Labour winning the general election and introducing new legislation that will make it even more difficult for landlords to operate in the sector. The introduction of the Renters’ Rights Bill, EPC upgrades back on the cards, and the Budget all contributed to the strain, and left many […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Renters’ Rights Bill comes back to Parliament – start the clock!

10th January 2025

Like the proverbial bad penny, the unwelcome return of the Renters’ Rights Bill to Parliament next week is not to be celebrated. The countdown to the doom of the private rented sector will begin in earnest and we’ll see which amendments look like becoming law. A law that could be in place by the summer. […]

House for sale sign with price drop and red sale tags.

January sales: One third of homes have prices cut

10th January 2025

An analysis of more than 322,000 homes currently listed for sale found that 113,612 properties have seen the asking price being reduced – that’s around 35% of the market. The findings from eXp UK, the platform for personal estate agents, reveal that Norfolk emerged as the region with the highest proportion of price-reduced homes, with […]

Rising Scottish house prices illustrated with colorful homes, flag, and growth arrow

Scottish housing market ends 2024 with modest growth

10th January 2025

Scotland’s housing market ended 2024 with a quiet finish, experiencing a modest recovery throughout the year. Data from chartered surveyors Walker Fraser Steele shows that while prices reached record highs in some areas, overall growth remained subdued. November saw a slight decline in average prices, dropping £1,400 (-0.6%) from October, leaving the average price at […]

Group of people involved in street disorder with eviction notice overlay.

Threat of eviction could curb anti-social behaviour in social housing, says MP

10th January 2025

Social housing tenants who engage in anti-social behaviour (ASB) should face the threat of eviction, claims MP. Lee Anderson, Reform MP for Ashfield, told a Westminster Hall debate the threat of eviction could transform offenders into good social housing tenants. Labour says tackling anti-social behaviour is a priority for the government, and the Renters’ Rights […]

Landlord hands keys to new tenant as London rents decline

London room rents fall as the market stabilises

10th January 2025

Rents for rooms in London have fallen for the fourth consecutive quarter in Q4 2024, according to the latest SpareRoom rental index. This marks the largest drop in the capital’s rents since Q1 2021. The average room rent in London fell by 2% in Q4 2024, from £1,015 to £993. The platform says that SW3 […]

Tenants catch ceiling leak with buckets while calling insurer after block insurance voided

Block buildings insurance voided by insurer?

10th January 2025

Hello everyone, a few months ago, my ground floor rental flat (part of a block of 6 flats) was extensively damaged and rendered uninhabitable by water escape from 2 flats above. All 6 flats (including mine) are covered under the same buildings insurance policy and premium cost is split equally amongst all 6 owners. I […]

Hand stamping approval with cash stacks symbolizing costs of selective licensing for landlords

Selective licensing schemes fail to improve standards and burden landlords with high costs

10th January 2025

Selective licensing schemes do not raise standards and cost landlords thousands of pounds, claims Yuno. The property compliance firm reveals 37 local authorities across England currently have a consultation on selective licensing. The prices for a selective licence vary across the country with a licence costing £350 in Ashfield compared to £1,255 in Leeds. Rigged […]

High-rise building with cladding scandal and compensation themes highlighted for 2025.

2025: The year for cladding compensation

10th January 2025

Despite the government setting new targets to fix unsafe cladding by 2029, thousands of innocent leaseholders still remain trapped in unsafe buildings, one campaign group says. The Labour government last year promised change to speed up the cladding removal process. The Grenfell Phase two report published in 2024 found the 72 deaths in the Grenfell […]

Homeless person in doorway with eviction notice and Angela Rayner addressing Section 21 evictions

Angela Rayner slams Section 21 evictions as cause of homelessness

9th January 2025

Angela Rayner claims the Labour government want to work with landlords, but blames Section 21 evictions for having a significant impact on homelessness. In a meeting with the Housing, Communities and Local Government Committee, Ms Rayner claims the government wants to support landlords in providing “safe and secure homes”. The Housing Secretary repeated Labour’s government […]

Partnership between Sheldon Bosley Knight and flatfair promoting no deposit rental solution

Big lettings agency partners with flatfair to offer no deposit rentals

9th January 2025

The Sheldon Bosley Knight Group (SBK) has announced a strategic partnership with flatfair, a leading provider of ‘No Deposit’ rental solutions. The tie-up will enable multiple SBK brands, including Loveitts, to offer flatfair’s product across its UK branches. This partnership comes after recent Rightmove data pointed to rent rises of 5% outside London and 3% […]

Business professional smiling in formal attire during interview about landlord portfolio diversification

Professional landlords diversified portfolios in 2024 – Shawbrook

9th January 2025

Professional landlords shifted focus last year to higher-yielding property types, including semi-commercial and commercial, while refinancing activity reflects a cautious approach to debt management, an analysis by Shawbrook reveals. It found that while overall application volumes remained consistent, there was a big rise in mortgage applications for semi-commercial and commercial property purchases. Shawbrook says that […]

Woman imagining rental property opportunities in 2025 with Fleet Mortgages

Landlords are optimistic about 2025 as yields rise – Fleet

9th January 2025

Landlords in England and Wales have a positive outlook for the private rented sector, one index reveals. The rental barometer published by Fleet Mortgages points to rising rental yields with the average yield reaching 7.4% in the fourth quarter of 2024 as a big reason why landlords should be looking forwards. This represents a 0.6% […]

Hands exchanging money with a red “BANNED” stamp over a house-shaped block labeled RENT

NRLA warns banning upfront rent payments will hurt tenants

9th January 2025

The National Residential Landlords Association (NRLA) has slammed the government’s decision to ban landlords from demanding rent in advance. Under an amendment to the Renters’ Rights Bill, landlords will only be allowed to request one month’s rent upfront, along with a deposit of up to six weeks’ rent. The news comes ahead of the Bill’s […]

Houses with “For Sale” signs symbolizing the UK property market surge in early 2025

26,000 homes hit the market in the first week of 2025

9th January 2025

Nearly 26,000 new homes have hit the market in 2025, with Bristol experiencing the biggest increase in for-sale stock levels, Yopa reveals. The agency’s data indicates that there are around 427,200 homes currently listed for sale across England – with 25,837 of these entering the market during the opening week of 2025. This translates to […]

TSB launches new concessionary mortgage scheme to help tenants buy their rented homes.

TSB unveils new mortgage to help tenants buy their rented home

9th January 2025

TSB is expanding its support for tenants looking to buy their rented home with the launch of a 5&5 concessionary mortgage option. This new scheme allows landlords to offer tenants a 5% discount on the property’s purchase price, with the buyer contributing a minimum 5% deposit. This complements TSB’s existing 10% scheme, where landlords offer […]