News Headlines for UK Landlords
The buyer for your rental property may already be living in it
Property118 The buyer for your rental property may already be living in it Over the last eleven years, helping tenants become homeowners has enabled me to sell a substantial part of my portfolio. The opportunity often begins with showing someone…
Landlords: Sell before Christmas and start 2027 with money in the bank, not tied up in buildings
Property118 Landlords: Sell before Christmas and start 2027 with money in the bank, not tied up in buildings With the dust settling after the Budget and Christmas just around the corner, some landlords may feel it’s time to sell —…
Hertfordshire estate agency collapses with £470,000 debt
Two companies operating as Mackay Property in Hertfordshire have entered creditors' voluntary liquidation owing nearly £470,000, while the founder has launched a new estate agency operation from the same premises. Mackay Property Agents Limited and Mackay Property Lettings Limited ceased…
£2bn Mayfair scheme launches with £83.7m show apartment
Billionaire John Caudwell has launched sales at 1 Mayfair, a £2bn residential development on South Audley Street, with a five-bedroom show apartment priced at £83.7m now available for viewing. The nine-storey scheme comprises 24 principal residences, with prices ranging from…
Sowerbys acquires Birds Estate Agents’ lettings portfolio
Sowerbys has acquired the property management portfolio of Birds Estate Agents in Hunstanton, Norfolk, expanding its lettings presence in the coastal town. The transaction transfers management of Birds' rental properties, with a 22-year employee joining Sowerbys to ensure continuity for…
Survey finds upfront property information boosts buyer confidence
A survey by LRG has found that 41% of homebuyers would make offers with more confidence if provided with upfront surveys, legal packs and chain details, while another 41% said they would be likely to offer sooner. The post Survey…
Stow Brothers launches sixth office in Islington
Independent estate agency The Stow Brothers has opened its sixth branch at 292 Upper Street, Islington, expanding its footprint across North and East London. The new office will be led by Sales Branch Manager Russell Gooden and Lettings Branch Manager…
Landlords retaining portfolios see yields rise to 9%
Landlords who retained their rental properties are experiencing stronger tenant demand and improved yields according to industry data. Properties previously yielding 4-5% annually could now generate 7-9% following a supply shortage created by earlier portfolio sales. The post Landlords retaining…
Estate agency collapses owing £470,000 as founder launches new brand from same premises
Same location, new estate agency brand
Estate agency’s debt problem is getting harder to ignore
Rising borrowing costs and falling property sales put debt-funded estate agency groups under pressure
Rightmove’s dominance faces growing test as housing market weakens, analysts warn
Rightmove's grip on estate agents faces growing scrutiny as market weakens
Renters’ Rights Act already shutting out good tenants, letting agent warns
Letting agent warns that Renters’ Rights Act restrictions are making landlords more selective and leaving financially secure tenants struggling to rent
Independent agency completes acquisition of rival’s lettings portfolio
Long-established estate agency sells lettings portfolio
Landlords reverse plans to sell as falling house prices change the sums
Landlords abandon plans to sell as rental demand strengthens
Estate agents face another year of falling prime house prices, Savills warns
Savills forecasts further prime house price falls in 2027, with London facing the greatest pressure
Buy-to-let landlords face fresh financial squeeze
Many landlords will need to reassess their finances as borrowing costs increase
Estate agents target £2bn Mayfair development
John Caudwell launches sales at his £2bn 1 Mayfair development
Estate agency group backs FA Cup underdogs in five-goal thriller
Estate agency group sponsors historic FA Cup tie as non-league side comes agonisingly close to major upset
Government defends £65 fee for PRS Database
Property118 Government defends £65 fee for PRS Database The government has admitted that the £65 annual PRS Database fee is higher than the original estimate, but insists the charge remains “fair and sustainable” for landlords. Responding to a written parliamentary…
Your property inspection may be missing the hazards
Property118 Your property inspection may be missing the hazards You inspect your property every six months. You test the smoke alarms. You look under the sink for leaks. You check for damage, ask the tenant whether anything needs repairing and…
Lobby MPs about landlord taxes – campaign launched
The National Residential Landlords Association (NRLA) is urging landlords to lobby their MPs over the ever-increasing tax burden. The association says it has sought legal advice about a challenge to the latest landlord tax – an additional 2% on property-related…
Council takeover of empty homes is not automatic
Property118 Council takeover of empty homes is not automatic Councils can now apply for Empty Dwelling Management Orders (EDMOs) when a property has been empty for six months, but this does not mean they automatically have the power to take…
Landlords face tougher EPC-linked fines and penalties
A Bill has been introduced into Parliament
Landlords must collect Visitor Levy from short-let tenants
A Bill has been introduced into Parliament
Long-standing agency’s lettings portfolio is snapped up by rival
The acquired agency dates back 38 years
House prices show largest annual fall in three years
The data comes from Lloyds Bank
Andrew Mountbatten-Windsor sub-let cottages while not paying rent
It’s emerged that Andrew Mountbatten-Windsor received up to £2,000 per month for sub-letting three cottages – when he didn’t have to pay any rent himself. A Public Accounts Committee (PAC) inquiry into the Crown Estate says the former Prince Andrew…
Making Tax Digital – who knows what it means?
There’s a relatively low level of awareness about Making Tax Digital according to a new survey. Its second quarterly reporting deadline fell over the weekend but a survey shows half of UK adults (50%) don’t know what Making Tax Digital…
Alarming rise in fires in purpose-built flats without smoke alarms
Property118 Alarming rise in fires in purpose-built flats without smoke alarms More than 1,000 fires have been recorded in purpose-built flats across England where no fire alarm was present, according to new figures. Research by Drax Technology, which analysed data…
Landlords face rising costs as house price growth remains subdued
Property118 Landlords face rising costs as house price growth remains subdued The Budget has added further financial pressure on landlords as the housing market shows signs of losing momentum. Data from e.surv reveals that house prices rose by 1.9% year-on-year…
Rents rise 5% as landlord voids lengthen
Property118 Rents rise 5% as landlord voids lengthen Landlords faced an extra eight days between tenancies in October, despite UK rents rising by 5% over the year, research reveals. Goodlord’s latest Rent Index puts the average void period at 28…
Safety warning to managing agents over new-build flat fires
More than 1,200 fires were recorded in purpose-built flats across England where alarms were absent, data shows. On 113 occasions, these fires resulted in at least one fatality or casualty. The analysis by safety software supplier Drax Technology covers residential…
Big fine for breaching electrical safety requirements
A private landlord has been fined £12,500 for failing to comply with legal electrical safety requirements. A probe by Darlington council found that the landlord had breached the Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020, which…
Property Income Tax could destroy jobs and communities – claim
A stark warning has been issued that a property income tax could threaten jobs undermine business confidence investment, and weaken communities. The warning follows the Budget announcement that rental profits for taxpayers in the rest of the UK will be…
Rightmove lowers revenue forecasts as AI investment rises
Rightmove has downgraded its revenue growth forecasts for 2026 whilst announcing plans to accelerate its artificial intelligence development programme. The property portal now expects revenue growth of 6% to 7% for 2026, down from previous guidance of 6% to 8%.…
UK house prices record steepest monthly fall since 2023
UK house prices fell 0.6% in October, the steepest monthly decline in more than three years, as elevated mortgage rates continue to weigh on market activity. The average property price stood at £296,285, marking the fourth consecutive monthly decline and…
Five inverted-layout homes on market across England
Five properties featuring inverted floor plans have been listed for sale across England, with prices ranging from £345,000 to £2 million. The properties, located in Kent, Buckinghamshire, Cornwall, Lancashire and Suffolk, demonstrate a design approach that places principal reception rooms…
Landlord law Newsround #461
Welcome to our weekly Newsround, let’s see what has been in the news this week. Rent tribunals decisions analysed Rent tribunal cases from September have now been analysed by Cyborg Finance and only 28.4% of landlords were awarded their rent…
Why stronger tenant rights mean fewer homes to rent
Property118 Why stronger tenant rights mean fewer homes to rent What use is a tenant’s stronger right to a home, if they cannot find one? Now that the Renters’ Rights Act is six months’ old, that’s the question I want…
Rightmove to return £400m to shareholders this financial year
The number one portal has issued a trading statement this morning
EYE NEWSFLASH: Rightmove cuts revenue forecast as buyer demand and sales fall
Rightmove expects to return more than £400m to shareholders between July 2026 and July 2027
UK property sales hold steady despite market pessimism
The UK property market recorded 1.032 million sales subject to contract year-to-date, up 10.6% on 2023 despite negative sentiment. However, exchange rates remain concerning with just 49.2% of October listings completing, below the seven-year average of 57.6%. The post UK…
Major property firm to close almost half its offices as losses mount
Job losses likely as company prepares to shut 12 offices
Lloyds reveals latest UK house price figures as market faces fresh pressure
Latest house price figures released amid growing mortgage and affordability pressures
The UK Property Market is dead. Who told the buyers?
Despite the negative headline, homes are still selling
Comings & Goings
Key property industry appointments
Surveying skills shortage threatens housing delivery – RICS
RICS calls for investment in training
Conveyancing fees fall again as competition squeezes firms’ margins
Subdued housing activity and competition put firms under pressure
Britain’s most affordable towns revealed
The study reveals a stark divide between northern and southern property markets
Propertymark One moves to larger London venue for 2027 conference
Propertymark One announces new venue and expanded programme for 2027
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