Accord Mortgages has announced further reductions to its buy to let product range, with cuts of up to 0.15% across all loan-to-value tiers up to 75%. The latest changes see two-year fixed rates decrease by 0.15%, with reductions of up to 0.10% for three and five-year fixes. Landlord clients favouring tracker options will also benefit […]

Rental yields generated by landlords have hit the highest level since 2014, research from Paragon Bank reveals. The lender’s latest PRS trends report reveals that landlords saw an average of 6.3% in rental yields during the second quarter of the year. This figure marks a substantial rebound from the 15-year low of 5.2% recorded in […]

Hi, Until now I have been happy and confident with my landlord insurance packages and their level of cover. Moving forward, I have no certainty that insurances will be able to cover things like loss of rent, repossession aid and legal cover. Does anyone have any insight into this? If all the proposed government measures […]

Landlord Licensing and Defence chief Phil Turtle is urging the National Residential Landlords Association (NRLA) to back his proposal for a Jersey-style property licensing model. He believes this could revolutionise the private rented sector (PRS), providing a more efficient and cost-effective way to regulate landlords while potentially eliminating the need for selective licensing schemes. Under […]

In this crucial episode of Property Breaking News, Ranjan Bhattacharya and Andrew Roberts discuss the latest legislative changes affecting landlords: a new rule that prohibits evicting tenants within the first two years of a tenancy if you wish to sell the property. What does this mean for landlords facing financial difficulties, especially with fluctuating interest […]

House prices in the UK rose by 0.8% in July, halting a three-month plateau, Halifax reveals. The average property value now stands at £291,268, marking a £2,200 increase compared to June. Annual growth has also accelerated to 2.3%, the highest rate since January 2024. Despite this uptick, the lender cautions that affordability issues and limited […]

Buy-to-Let by Foundation is among a slew of lenders to unveil new products and rate cuts designed to appeal to a wider range of landlords. The new offerings include: Limited Edition Products: Two new limited edition fixed-rate deals, one for borrowers with a strong credit history and another for properties with a high Energy Performance […]

Landlords across England are facing an increasingly heavy financial burden as local councils ramp up selective licensing schemes, research reveals. English councils are charging landlords almost £700 on average to obtain mandatory selective licenses, with costs varying wildly across the country. According to the study by Direct Line, Leicester city council tops the list with […]

Just 17% of on-campus university rooms in the UK are classed as affordable for students – that’s one in six available rooms, Generation Rent reveals. It says the research highlights a severe shortage of budget-friendly accommodation. And universities are accused of ‘raking it in’ as landlords despite claiming to care for their students’ ‘wellbeing’. The […]

The UK’s rental market remains intensely competitive, with tenants facing a perfect storm of surging demand, dwindling supply and escalating rents, Rightmove says. Its research reveals a stark picture of a private rented sector (PRS) that’s out of kilter with tenant demand – and more landlord investment is need. While the number of enquiries per […]

Labour has confirmed plans for rented properties to achieve a minimum Energy Performance Certificate (EPC) grade C by 2030. Miatta Fahnbulleh, the Under Secretary for Energy Security and Net Zero, confirmed the initiative, emphasising the government’s commitment to reducing fuel poverty. In a written question, Green MP Ellie Chowns asked: “To ask the Secretary of […]

The National Residential Landlords Association (NRLA) has thrown its weight behind government plans for a new landlord database, insisting it could be a tool to weed out criminal landlords. However, it warns against unnecessary red tape for responsible landlords. As a member of the Lettings Advisory Board, the NRLA has helped shape proposals for the […]

Landlords using OpenRent to find tenants will lose Rightmove access, it has been announced today (6 August). Rightmove says it has ended its partnership with OpenRent, meaning private landlords using the online letting agent will no longer be able to advertise their properties on the UK’s largest property portal. The decision follows a breakdown in […]

Hi, a long term tenant of mine has requested I pay for the pruning of a couple of trees that are on the property, specifically an apple and acer tree. This request is unusual for me, as I have never covered the cost of tree pruning before. Unless the trees are in a dangerous condition, […]

The UK’s landlords could be £11,000 worse off on average if capital gains tax (CGT) rates are adjusted to match income tax rates, research reveals. Quilter, a wealth management and financial advisory firm, says this potential change, although not mentioned in Rachel Reeves’ recent House of Commons speech, could be part of broader measures to […]

Falling property values and soaring rents make flats the most profitable option for landlords, according to new research. The findings from Inventory Base show that flats currently offer the highest returns for BTL investors. Despite a slight decrease in average flat prices, rental values for flats have surged by 9.3% annually, outpacing all other property […]

Supply and demand are still out of balance as landlords worry about what a Labour government might do. Propertymark’s Housing Market Insight report reveals demand continues to outstrip supply, with around nine new applicants registered for each available property in June 2024. The report also reveals rents fluctuate by market and region, but most members […]

The number of people sleeping rough in the capital rises as charities call on the government to do more. According to the Combined Homelessness and Information Network (CHAIN), 4,223 people were sleeping rough in London from April to June 2024, up from 3,272 in the same period last year – an increase of 29%. The […]

Labour is looking to prevent landlords from evicting tenants who have nowhere else to live, the Telegraph reports. It says government ministers will propose imitating a French scheme which has ‘hardship tests’ that must be followed before an eviction is allowed. The rule effectively bans evictions that would leave a tenant worse off. Supported by […]

Hi, I’m looking for advice on sublet registration fees. Case law appears to indicate that if ‘classified’ as registration fees , the rights of redress via 1st tier tribunal do not apply? (Robinson and Green vs Simarc). Does this mean freeholders can charge whatever they wish for ‘registration’? Is there any guidance on rolling/periodic tenancies […]

Our company has a small industrial estate with 8 units, these were all built upon land that is registered to my parents as the land was originally purchased to use for my father’s engineering business. Over a period of 35 years, he has built 8 units which are now individually let and the income is […]