Tag: PRS

Major landlord to bail out of the PRS

Author: Property118.com Landlord News Team

26th November 2024, 2 years ago | 13

A major landlord has unveiled plans to sell its private rented sector (PRS) business portfolio of 3,147 homes across 53...

Landlords are working people, Scottish housing minister confirms

Author: Property118.com Landlord News Team

26th November 2024, 2 years ago | 5

Scotland’s landlords are ‘working people’ with the right to a ‘return’ on their investments, housing minister Paul McLennan has confirmed....

London council to expand its selective licensing scheme

Author: Property118.com Landlord News Team

11th November 2024, 2 years ago | 9

A London council is looking at a significant expansion of its selective licensing scheme which will cost landlords £923. After...

Landlords will bear the brunt of Labour’s Budget

Author: Property118.com Landlord News Team

8th November 2024, 2 years ago | 1

Landlords are facing the prospect of picking up the bill for Chancellor Rachel Reeves’ recent Budget, says Nick Lyons. The...

CRUSADER: Was the Budget the death knell for the PRS?

Author: Landlord Crusader

1st November 2024, 2 years ago | 16

In a Budget that surprised no one for being the biggest tax grab in decades, Labour really has shown what...

Landlords hit by stamp duty surcharge increase to 5% in Budget

Author: Property118.com Landlord News Team

30th October 2024, 2 years ago | 45

In a move that could severely damage the private rented sector (PRS), the Chancellor Rachel Reeves announced in the Budget...

Landlords are worried about the future despite a strong PRS

Author: Property118.com Landlord News Team

29th October 2024, 2 years ago | 2

Landlords across the UK are growing increasingly pessimistic about the future of the private rented sector (PRS), despite strong tenant...

Pennycook: Why a landlord exodus is DEFINITELY underway

Author: Landlord Crusader

25th October 2024, 2 years ago | 21

It’s almost like something out of the novel 1984, when the evidence of your eyes is not to be trusted....

Pennycook: ‘We don’t want an exodus of landlords’

Author: Property118.com Landlord News Team

23rd October 2024, 2 years ago | 71

The Housing Minister Matthew Pennycook says he doesn’t want landlords to leave the private rented sector (PRS) – and he’s...

Recommendations for the Welsh PRS adopted by Senedd committee

Author: Property118.com Landlord News Team

23rd October 2024, 2 years ago | 0

The Senedd’s Local Government and Housing Committee has welcomed Propertymark’s suggestions for enhancing the private rented sector (PRS) in Wales....

Agents fear Chancellor could stall housing market recovery

Author: Property118.com Landlord News Team

23rd October 2024, 2 years ago | 0

Estate agents across the UK are worried that Chancellor Rachel Reeves’ upcoming Budget could derail the recent recovery in the...

Chancellor urged to support landlords in Budget

Author: Property118.com Landlord News Team

22nd October 2024, 2 years ago | 2

Chancellor Rachel Reeves is being urged to help landlords in her Budget next week to support both landlords and homeowners....

BTL landlords expand portfolios amid lower mortgage rates

Author: Property118.com Landlord News Team

18th October 2024, 2 years ago | 0

Falling buy to let mortgage rates have revitalised the UK’s landlord market, leading many to expand their property portfolios, research...

Two more BTL lenders cut rates to support landlords

Author: Property118.com Landlord News Team

17th October 2024, 2 years ago | 1

Two major buy to let lenders, Accord Mortgages and Landbay, have announced rate reductions on their products that will help...

Just 5% of London’s rental homes are affordable to low-income households

Author: Property118.com Landlord News Team

17th October 2024, 2 years ago | 3

There has been an alarming decline in affordable homes to rent in London, with only 5% of properties being accessible...

Renters’ Rights Bill could overwhelm England’s tribunals

Author: Property118.com Landlord News Team

17th October 2024, 2 years ago | 8

The English tribunal system is already overburdened and ill-equipped to handle the potential surge in new claims stemming from the...

Annual rents rise by 8.4% – and house prices grow by 2.8%

Author: Property118.com Landlord News Team

17th October 2024, 2 years ago | 0

Rents in the private rented sector (PRS) rose by 8.4% in the 12 months to September, official data reveals. The...

PRS crisis looms as Renters’ Rights Bill deters landlords

Author: Property118.com Landlord News Team

11th October 2024, 2 years ago | 1

The UK’s private rented sector (PRS) is set to face further strain in 2024 as the Renters’ Rights Bill deters...

Landlords face a £23.4 billion bill to upgrade PRS homes to meet EPC standards

Author: Property118.com Landlord News Team

7th October 2024, 2 years ago | 3

The scale of the challenge to improve the energy efficiency of private rented sector (PRS) homes is laid bare as...

Landlords fleeing the PRS as tenant struggles intensify

Author: Property118.com Landlord News Team

4th October 2024, 2 years ago | 4

Landlords are increasingly exiting the private rented sector (PRS), and tenants are facing rising rents, a new report reveals. The...