The UK’s largest listed provider of private rental homes has reported increasing rents and a growing portfolio has delivered stronger profits. Grainger, a FTSE 250 company, says it has added 1,113 new homes to its 12,000-strong portfolio during the year ended 30 September. They include four completed build-to-rent schemes and the acquisition of an asset […]

One in 10 private rented sector (PRS) tenants in the UK are struggling to make their rent payments, research reveals. The findings from Pegasus Insight found that 8% of tenants consider their rent to be ‘barely manageable’, while 2% say it is ‘unaffordable’. Despite the financial challenges faced by some tenants, the report also found […]

The Welsh Government is promoting its ‘Leasing Scheme Wales’ which offers landlords and owners of empty homes the chance to lease their properties to a local council for a guaranteed rental income. The scheme provides a ‘hassle-free’ solution for property owners looking to generate income without the usual stresses of managing tenants, the government claims. […]

The government’s Renters’ Rights Bill has been slammed for proposing to increase the amount of rent arrears a tenant can build before landlords can serve notice to repossess a property. The National Residential Landlords Association (NRLA) argues that this will only make it harder for tenants to pay off their debts and damage their credit […]

Hi, here is some backstory to my situtation. My mother died in 2019, as the oldest son of four siblings I was appointed executor of her Will. (My parents got divorced many years ago and my Father is in a longterm relationship with another woman.) My mother had moved several years prior to her death […]

I sit on the board of an Right to Manage (RTM) in a block of 10 flats. We need roof repairs and have a shortfall of £60k in the sinking fund to facilitate this. As a top-floor resident, I’ve been dealing with water ingress, leaks, and property damage for the last four years.  I’ve been […]

With the Second Reading of the Renters’ Rights Bill taking place tomorrow (Wednesday 9 October), Propertymark is calling on MPs to consider the vital role landlords and letting agents play in the private rented sector (PRS). The organisation is urging MPs to strengthen the Bill to ensure it maintains choice, flexibility and keeps costs down […]

With the severe flooding that has hit the UK in recent weeks many people have experienced damage to their homes as well as in some extreme cases having to evacuate, but what does this mean for landlords? Severe weather events, like storms and flooding, are becoming increasingly frequent in the UK. According to UK Health […]

A pet charity is calling on the public to support the Renters’ Rights Bill which will bring in the right for tenants to keep pets – which landlords cannot ‘unreasonably’ refuse. The Battersea Dogs and Cats Home believes the bill is a crucial step in ensuring that pets remain with their families, especially as the […]

House prices in the UK continued their upward trajectory in September, rising by 0.3% compared to the previous month, Halifax reports. This marks the third consecutive month of increases, bringing the annual growth rate to 4.7%, the highest level since November 2022. Despite the recent gains, the overall trend in house price growth remains relatively […]

A London council is urging residents, landlords and tenants to have their say on proposed new licensing schemes for private rented properties in its borough. The consultation, which closes on Monday 14 October, aims to gather feedback on additional houses in multiple occupation (HMO) licensing and selective licensing schemes designed to improve housing standards. Currently, […]

Labour’s anti-landlord stance will hurt tenants, claims an industry boss. Purplebricks’ chief executive, Sam Mitchell, told The Telegraph that Labour’s proposed tax hike rumours have fuelled anxiety in the property market. Chancellor Rachel Reeves has refused to rule out an increase in capital gains tax (CGT) in the October budget. CGT rates could be brought […]

A council will use new powers to curb the spread of Houses in Multiple Occupation (HMOs) in designated areas. Rugby Borough Council has announced the introduction of these powers, known as Article 4 Directions, under the Town and Country Planning (General Permitted Development) (England) Order 2015. The direction is set to come into force in […]

Hi, I am interested in buying a flat to rent out but the management company of the block has gone into liquidation. The estate agent has sold one of the two flats which were already on the market but has suggested that the buyer “took a chance” doing this. I’m struggling to find out what […]

The scale of the challenge to improve the energy efficiency of private rented sector (PRS) homes is laid bare as landlords face a £23.4 billion bill, Rightmove reveals. It estimates that 2.9 million landlord properties need to be upgraded to reach an EPC C rating by 2030. The research follows last week’s revelation by Zero […]

Property118 has long been a champion for landlords, offering innovative and essential solutions to help property investors restructure their businesses into companies, without being hit by large, unnecessary costs. One of the biggest hurdles in this process is the significant financing costs associated with restructuring. At Property118, we developed legal strategies that allow landlords to […]

We’re two months away from December. New legislations, tax, and changes for tenants are around the corner, and understandably the race to sell before the end of the year is well and truly on. Last week a whopping 71 landlords contacted us looking to sell. Their biggest worry? They didn’t want to just get rid […]

Some critics, landlords and commentators say there isn’t a landlord exodus, but landlords are leaving – there is no doubt. So, while the term exodus makes people feel squeamish it’s like the look-out on the Titanic calling that massive iceberg ‘a chunk of ice’. We can play with words all we want but the truth […]

Charities slam new figures from the government which claim Section 21 is one of the leading causes of homelessness. New figures from the Ministry of Housing, Communities and Local Government reveal that the end of a private tenancy remains a leading cause of homelessness, with 79,500 people seeking council help after their assured short-hold tenancy […]

The Renters’ Reform Coalition is calling for the government to introduce compensation for tenants who are evicted under the new Renters’ Rights Bill. In a report, the coalition argues that the legislation falls short in protecting tenants from the financial hardship from Section 21 ‘no-fault’ evictions. The coalition proposes that evicted tenants be given ‘an […]

Landlords are increasingly exiting the private rented sector (PRS), and tenants are facing rising rents, a new report reveals. The 7th annual Goodlord & Vouch State of the Lettings Industry Report paints a grim picture of the UK’s rental market. Around 1,500 respondents took part, and it was found that many landlords are selling their […]