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Landlords should start preparing now for a much tighter framework around possession under the Renters’ Rights Bill, one PRS expert says. LRG’s national lettings managing director, Allison Thompson, says the abolition of Section 21 ‘no-fault’ evictions marks a pivotal shift. In its place, a revamped Section 8 will impose extended notice periods, tougher evidence requirements […]

Tenants in such shared accommodation are paying 49.6% less per month than those renting a one-bedroom flat independently, research reveals. The findings from HMO management platform COHO, show that the average rent for a room in a shared house, excluding bills, stands at £690 monthly. A bills-included room costs £742, a modest £50 increase that […]

The buy to let mortgage sector is experiencing a wave of competitive rate reductions and simplified application processes, as lenders respond to growing demand from landlords. Several major financial institutions have announced significant updates to their offerings, aiming to attract both new and existing customers with attractive rates and enhanced services. The Mortgage Works (TMW) […]

The Labour government is on course to miss its flagship manifesto commitment to deliver 1.5 million new homes in England by an astonishing eight years, research reveals. The study by West One Loans looked at Labour’s 2024 General Election commitment when it campaigned on a bold pledge to build the homes within five years. That […]

Brits are being urged to rethink their wealth-building strategies after a study reveals that the UK’s property investment golden era is over. The findings from asset manager Rathbones Group shows that residential property has lost its edge, with stock markets delivering far superior returns since 2016. Its research, ‘Don’t Bet the House‘, looks at housing […]

There has been a surge in landlords adopting limited company structures for buy to let investments, research reveals. The findings from Coventry for Intermediaries show that 72% of these company landlords have entered the market within the past five years. And 30% of them are new to property investment. Coventry says this trend is set […]

An industry body is urging the Welsh government to pause any further legislation for the private rented sector. In response to a consultation on the Homelessness Bill, Propertymark warns the talk of rent controls is deterring investors from the sector. Although the Welsh government has not endorsed rent controls, it has not ruled them out […]

The Regulator of Social Housing (RSH) has lowered social housing provider Anchor’s governance rating to G3, highlighting lapses in its risk management and data reliability. The downgrade follows an investigation that revealed critical weaknesses in Anchor’s ability to maintain a robust and prudent risk and control framework, particularly in ensuring landlord health and safety compliance. […]

A Labour peer has criticised the government for accepting only three amendments while rejecting around 300 others to the Renters’ Rights Bill. During the report stage debate, Lord Hacking blasted the government “for not listening to the House.” Peers clashed over a number of amendments, including those aimed at retaining fixed-term tenancies and grounds for […]

The National Residential Landlords Association (NRLA) has welcomed a government consultation that would extend the Decent Homes Standard to the private rented sector. That’s despite, according to the English Housing Survey, most homes in the PRS surpassing the expected DHS criteria. The government’s plan is to set a quality benchmark which only applies to social […]

Propertymark is calling on the government and Peers to revise the Renters’ Rights Bill to ensure it meets the needs of both tenants and landlords. The organisation is highlighting several critical areas requiring adjustment to make the Bill effective and practical. A major concern is the strain on the court system, where delays from claim […]

Private tenants will be protected from rent rises under an amendment to the Renters’ Rights Bill when a landlord carries out publicly funded EPC improvement work. Generation Rent is supporting an amendment proposed by Baroness Jenny Jones. It says the move will stop public cash being used from ‘enriching private landlords’ by limiting rent rises […]

Regional hotspots are fuelling a 1.2% rise in England’s rental demand in the second quarter, reaching 29.4%, research reveals. The study by FCC Paragon highlights a striking regional difference in growth in some counties. Leicestershire spearheads this trend with an impressive 7.8% quarterly jump, followed closely by West Yorkshire at 7% and South Yorkshire at […]

Rents in England climbed sharply in June, marking the steepest monthly increase this year, one rental index reveals. According to Goodlord, the average rent rose by 3.2%, from £1,226 in May to £1,265 in June, adding £39 monthly or £468 annually to tenants’ outgoings. The rise aligns with the peak letting season, reflecting heightened demand […]

Hackney Council has admitted overspending by millions of pounds on legal disrepair claims brought by its own social housing tenants. The local authority reveals it paid out more than £1 million in compensation to social housing tenants and overspent by more than £5.5 million on legal disrepair cases. The council says the social housing sector […]

Local authorities and housing associations have come under fire for failing in their duties as landlords to leaseholders. A report by the Housing Ombudsman reveals a series of failings, including one case where a leaseholder was left dealing with damp and mould for two years, and another where a persistent leak caused a leaseholder to […]

Has anyone been able to get any work carried out at their rental properties under ECO4 or Great British Insulation Scheme (GBIS) schemes if the property is Grade 2 listed? I have one property tenant on full benefits, elderly, disabled, etc, and the only thing that he could have is updated electric heaters (no gas […]

The numbers behind the problem: The average 50- to mid-60-something single person retiring in Romford (and Havering as a whole) is likely to rely on a monthly income of around £1,208. That includes the state pension of £756 per month, perhaps a modest private pension, topping it up. This leaves very little breathing space once […]

The Renters’ Rights Bill enters report stage in the House of Lords today, with new amendments to be introduced. The report stage will see three debates, one today, another on 7th July, and the final on 15th July. The news comes amid doubts over whether the Renters’ Rights Bill will achieve Royal Assent, meaning it […]

There’s widespread discontent among landlords over media depictions of them and the PRS – it’s now fallen to just 9% of those who say it is ‘fair and accurate’, research reveals. According to a survey from Landbay, that’s a sharp decline from 19% of landlords who said the same in a similar 2023 survey. The […]