Nottingham BS and ModaMortages boost buy to let ranges
Nottingham Building Society and ModaMortgages have introduced significant updates to their buy to let mortgage offerings, providing greater flexibility and new options for landlords. These changes reflect a broader trend in the market to accommodate evolving landlord needs and property types. Nottingham Building Society extends mortgage terms and broadens criteria Nottingham Building Society has extended […]
EXCLUSIVE: SpareRoom suspends HMO agents over automation tool use
Last week, SpareRoom suspended dozens of professional letting agents’ accounts without prior warning, citing breaches of its terms due to the use of automation tools. This action affected agents managing thousands of Houses in Multiple Occupation (HMO) rooms across the UK, disrupting their ability to communicate with prospective tenants and manage viewings. Immediate Suspension of […]
Landlord Law Newsround 431
This week’s landlord news highlights key developments ahead of the Renters’ Rights Act implementation, including tenant challenges to pet refusals, landlord tenant selection strategies, and new government guidance. Additionally, landlords are warned about rising fines related to council licence applications. Tenants to Challenge Pet Refusals in Court Before Ombudsman Launch The government has acknowledged it […]
What is Subletting and is It Illegal in the UK?
Subletting is a common issue landlords and letting agents face, yet it often raises questions about legality and tenant rights. Understanding what subletting entails and the legal framework surrounding it is essential for managing rental properties effectively. What is subletting? Subletting occurs when a tenant rents out part or all of their rented property to […]
What is Rent Arrears? Tips to Protect Your Rental Income as a Landlord
Rent arrears can pose a significant challenge for landlords, even when tenants are generally reliable. Various factors, such as changes in employment or unexpected personal expenses, may cause tenants to miss or delay rent payments. Understanding rent arrears and how to manage them effectively is crucial for protecting rental income and maintaining a smooth landlord-tenant […]
Letting agents must evolve to stop landlords selling up – Agent Rainmaker
As the Renters’ Rights Act approaches implementation, a significant number of landlords are considering exiting the private rented sector. Agent Rainmaker urges letting agents to evolve their services and strategies to support landlords better, aiming to prevent a further decline in rental property supply. Pressure on letting agents as landlords consider selling Recent data from […]
Landlords warned over proof of service risk
Landlords face a looming deadline of 31 May to provide tenants with the official Renters’ Rights Act information sheet and, crucially, to prove that tenants have received it. Failure to evidence delivery could result in fines of up to £7,000 per tenancy, placing significant compliance pressure on landlords across the UK. Deadline for providing Renters’ […]
RICS survey shows housing slowdown and rising rents
The latest Royal Institution of Chartered Surveyors (RICS) survey reveals a cooling housing market alongside rising tenant demand and increasing rents. While buyer enquiries and agreed sales have declined sharply, landlord instructions remain subdued, signalling a cautious outlook for the property sector amid broader economic and geopolitical pressures. Tenant Demand Rises Despite Market Slowdown According […]
Why policymakers should pay attention to landlord sentiment data
Policy discussions around the private rented sector often centre on tangible outcomes such as rent levels, housing availability, and tenant protections. While these remain crucial, the underlying behaviours of landlords—their decisions to expand, maintain, or reduce their portfolios—are the true drivers of change within the sector. Understanding landlord sentiment is therefore essential for effective policymaking. […]
£40,000 fines to landlords? No thank you. We’ll help you sell in less than 3 months
From next month, the Renters’ Rights Act will come into full effect, marking the end of Section 21 notices and introducing civil penalties of up to £40,000 for landlords who fail to comply with new regulations. This significant shift in the regulatory landscape is prompting many landlords to reconsider their position in the market. Rising […]
The Landlord Association (TLA)