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Here is today’s Breaking News from Landlord Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Yields strong in most UK areas as supply of rental stock falls

Rents continued to rise year-on-year in March while the number of homes available to let fell, according to the latest data from Home.co.uk.  Figures from the property...

Labour calls for rent payments to be scrapped for three months

Labour has urged the government to permit private tenants who are struggling to pay their rent due to the coronavirus epidemic to be exempt from paying...

The government made ‘the right decision’ to ban evictions - ARLA Propertymark

The government’s decision to suspend all ongoing housing possession actions, which means that neither cases currently in the or any about to go in the system can...

Short-let properties made available for NHS staff to self isolate

To help support our NHS workers, Seven Living are offering 50 self-contained properties for free to NHS staff embarking on 14-day isolation periods.  This offer is exclusively...

Coventry Building Society pulls all BTL products over 65% LTV

Coventry Building Society has temporarily removed all buy-to-let mortgage products over 65% loan-to-value (LTV).  The society has made the decision due to the “ever-changing” coronavirus situation and...

Complete ban on evictions and additional protection for renters from today

The court service has from today suspended all ongoing housing possession action, which means that neither cases currently in the or any about to go in...

Coronavirus concerns: BTL borrowing options have been ‘drastically reduced’

Hundreds of buy-to-let mortgage products have been withdrawn from the market due to the coronavirus outbreak, according to Property Master. The online buy-to-let mortgage broker warns that buy-to-let...

What happens when tenants leave in the middle of an agreement?

In principle, tenancy contracts are binding upon both parties and hence can be enforced in a court of law. In practice, negotiation is generally more effective...

Nationwide launches ‘simple online service’ to help those affected by Covid-19

Nationwide Building Society has developed a dedicated coronavirus support page to make it as easy as possible to arrange payment breaks.  The online resource is intended for...

How to successfully navigate the property market in uncertain times

These are difficult times in the property market, with a constantly changing situation creating a great deal of uncertainty. The world is facing a crisis and...

Housing transactions set to drop by up to 60% over the next three months

Historically, economic uncertainty and market volatility are detrimental to the housing market, and the latest observations on the impacts of coronavirus suggest that housing transactions are...

TDS launches coronavirus guide to help landlords, agents and tenants

The Tenancy Deposit Scheme (TDS) has launched an FAQ web page for landlords, letting agents and tenants to provide help and guidance on the most frequently...

Landlord allows tenant to live in his property rent free for five months

As the escalating coronavirus pandemic continues to wreak havoc, a number of tenants have been left in extremely vulnerable situations.  Many who have become ill, lost their...

Barclays withdraws all portfolio buy-to-let products

With the coronavirus pandemic continuing to escalate, Barclays has announced that it is withdrawing all portfolio buy-to-let products and is no longer accepting new applications. The bank...

New plans to impose a six-month ban on evictions of private tenants

Buy-to-let landlords could be banned from evicting private tenants in Scotland for up to six months if the Scottish government’s plans are approved due to the...

Necessary COVID-19 information for landlords and agents

New guidance from ARLA Propertymark’s legal helpline aims to provide landlords and letting agents with greater clarity based on frequent queries they have received as a result of the...

Landlords urged to remain calm as students return to their parental homes

Student property has long been one of the most lucrative investments available to landlords, with sky-high double-digit yields typically available in many parts of the country.  But...

Mortgage payment holiday online form now available

Customers from Yorkshire Building Society, Accord Mortgages, Accord Buy to Let and Chelsea Building Society who have been financially affected by coronavirus are now able to...

The housing market got off to a strong start in 2020, but activity is ‘plummeting’

Heading into March, the UK housing market was showing the kind of green shoots appropriate for the start of spring, with 103,870 residential property transactions recorded...

Coronavirus could cost BTL landlords almost £15bn in lost rental income

The devastating impact of the Coronavirus could cost buy-to-let landlords nearly £14.9bn should tenants be unable to pay rent during the three month support period announced...

Useful guidance and support for dealing with tenants during Covid-19 outbreak

A high number of buy-to-let landlords are concerned about the impact of the Coronavirus, but The Guild of Letting and Management has provided some practical guidance...

Barclays refuses to offer buy-to-let borrowers a payment holiday

Landlords who have a buy-to-let mortgage with Barclays will not be offered a repayment holiday, despite government guidance to offer borrowers a payment deferral of up to...

Less than one in 20 BTL landlords permit tenants to keep pets

Most landlords are wary of the potential damage, smells and noise complaints that can come with accommodating a tenant with pets, and that is why so...

UnderTheDoormat offers free accommodation for NHS workers

UnderTheDoormat, which provides short-let properties in London, is opening up its homes to doctors and nurses for free as they care for people with Covid-19.  It has...

UK letting market started to slow in February

The UK letting market has ground to a virtual halt amid the coronavirus pandemic, but new figures show that the market started to slow long before the...

TDS updates tenancy deposit protection guidance for landlords with tenants

The Tenancy Deposit Scheme (TDS) has published updated guidance to the tenancy deposit protection (TDP) legislation in England and Wales. The information is designed to help landlords,...

LRU release template letter for struggling renters to send to their landlords

The London Renters Union (LRU) has released a template letter for renters to send to their landlords if they are struggling with rent during the coronavirus...

Vida takes ‘swift and decisive action’ to withdraw tiers within BTL range

  Vida Homeloans, like some other non-bank lenders, has been forced to withdraw their buy-to-let and residential product ranges due to limited access to capital markets funding. The ongoing...

Landlords switching from short-term lets to longer lets before lockdown

There has been a significant increase in the number of landlords and homeowners switching from short-term lets to longer rentals.  Across the UK there has been a...

Mortgage payment holiday will apply to limited company BTL products

The three-month mortgage payment holiday to landlords whose tenants are experiencing financial difficulties due to coronavirus, will also apply to those who have borrowed through limited...

Landlords urged to be ‘as flexible as possible with tenants facing difficulties’

The government’s response to the coronavirus outbreak when it comes to protecting private landlords and tenants has been “right and fair”, according to Paul Shamplina, founder...

Foreign investors eye UK property

Despite the growing concern amid the coronavirus pandemic, international property investors are expected to increase their presence in the UK buy-to-let market over the next few...

Property shows cancelled due to coronavirus

The rapid spread of the coronavirus is causing cancellations and postponements of property events around the globe.   Mipim, the property sector’s annual jamboree in Cannes, has been...

Three month mortgage payment holiday for buy-to-let landlords

The chancellor’s promise of a three-month mortgage payment holiday to customers affected by coronavirus has been extended to buy-to-let borrowers whose tenants are experiencing financial difficulties...

Organisations welcome government action to support landlords and tenants

A number of property firms and landlord organisations have welcomed government action to support landlords and tenants affected by coronavirus. Private tenants will not be evicted from...

Government must do ‘whatever it takes’ to protect tenants during corona outbreak

The government’s decision to bring forward emergency legislation to protect private renters from eviction has been warmly welcomed by ARLA Propertymark.  Many tenants were concerned that they...

Saffron Building Society withdraws BTL product range

Saffron Building Society has removed its buy-to-let product range.  The lender said it has made the strategic decision to focus on the first-time buyer market following last...

What’s your investment strategy? Martin Lewis issues urgent advice for landlords

Housing market activity has plummeted over the past week or so and looks set for another volatile period ahead, as the implications of an escalating coronavirus...

Coronavirus: NRLA's chief exec on supporting landlords at this crucial time

With the rapid spread of coronavirus across the country, more and more landlords are asking what they need to be doing to protect and support their...

Let tenants who contract coronavirus ‘live rent-free for up to three months’

Private renters who contract coronavirus should be able to live rent-free for up to three months, according to a leading tax advisor.  Richard Murphy, a chartered accountant...

BTL landlord handed suspended sentence after failing to maintain gas appliances

A buy-to-let landlord has been sentenced after failing to maintain gas appliances at a rental property he owns in Plymouth.  Plymouth Crown Court heard that Thomas Brumby...

OneSavings Bank announces enhancements to HMO proposition

OneSavings Bank announced a series of changes to its HMO proposition. The specialist lending and retail savings group recently introduced a new approach to buy-to-let and HMO...

Petition calls for ‘rent holiday’ to support self-isolating tenants

The government is under growing pressure to consider doing more to protect tenants from the threat of eviction during the coronavirus pandemic, as well as introduce...

Fresh help needed for landlords and tenants affected by the coronavirus

The Residential Landlords Association (RLA) and the National Landlords Association (NLA) are calling for a package of measures from government and mortgage lenders to support tenants...

Almost half of landlords set to flee the market

Fresh research shows almost half of landlords are considering divesting their portfolios and leaving the PRS due to an increase in regulation and rules.  A survey of 1,000...

Coronavirus: Landlords urged to ‘not evict tenants’ who can’t pay their rent

Landlords are being urged not to evict tenants facing financial hardship as a consequence of the coronavirus pandemic.  Responding to a petition calling for protections for renters...

The government has failed to support those that may struggle financially

The government is being urged to do more to support renters who may struggle to pay their rent during the coronavirus pandemic. In the Budget last week,...

What impact could coronavirus have on the housing market?

The property market had enjoyed a boost thanks to the outcome of the general election in December, but now the market faces uncertainty as the coronavirus pandemic...

Asking prices hit new record high: Rightmove

Prices of new property coming onto the market rose by 1% between 9 February and 7 March to push the national average to a new record...

London’s housing market ‘is back with a bang’

Residential property prices in London continued to grow up until a week ago, as the market recovered following Boris Johnson’s election win, official figures showed today,...

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