Industry news

News relating to the private rented sector from both England and Wales, affecting landlords.

NRLA backs calls for better standards – not more red tape

The NRLA has added its voice to calls for positive change to drive rogue landlords from the sector. In its role as a member of the Lettings Advisory Board it has helped craft recommendations to Government - explaining the Government’s plan for a new landlord database is ‘an opportunity to create transparency of property safety and drive rogue landlords from the sector’.

Industry News Sally Walmsley 01/08/2024
NRLA backs calls for better standards – not more red tape

From rental reform to housing emergency: Scotland’s experience

In May, the Scottish Government declared a national housing emergency, swiftly attributing the crisis to UK Government budget cuts, the Local Housing Allowance (LHA) rate freeze and Brexit-related labour shortages. However, the roots of the problem may lie closer to home. Eleanor Bateman explains more.

Industry News Eleanor Bateman 01/08/2024
From rental reform to housing emergency: Scotland’s experience

Tax breaks for furnished holiday lets axed from next year

Furnished holiday lets (FHL) will now be treated in the same way as other rentals when it comes to tax, with changes coming in from April next year. The plan to abolish the FHL tax regime was announced in the Conservative budget this spring, with the new Government announcing detailed proposals to bring the plans forward as a priority.

Industry News Sally Walmsley 01/08/2024
Tax breaks for furnished holiday lets axed from next year

Last chance to enter landlord survey

This is your last chance to answer a landlord survey set to examine the current state of the lettings industry. Carried out by Safe2 partner, lettings platform Goodlord, the research will question more than a thousand landlords to inform its 2024 State of Lettings Industry report.

Industry News Sanjeev Shetty 31/07/2024
Last chance to enter landlord survey

London private rented sector contributes £14.6 billion to the economy

London’s private rented sector (PRS) makes a gross value added (GVA) contribution of £14.6bn to the UK economy, according to an independent report commissioned by the NRLA and Paragon Bank.

Industry News NRLA Communications Team 29/07/2024
London private rented sector contributes £14.6 billion to the economy

Report highlights £14.6 billion economic contribution of the London private rented sector

A report by professional services firm PwC, commissioned by the NRLA and Paragon Bank, indicates that London’s private rented sector (PRS) makes a gross value added contribution of £14.6bn to the UK economy.

Industry News NRLA Communications Team 29/07/2024
Report highlights £14.6 billion economic contribution of the London private rented sector

Is Being a Landlord Still Worth It in 2024?

We'll help you weigh the pros and cons to decide whether being a landlord is still worth it in 2024. Join the NRLA for landlord resources and support.

Industry News 29/07/2024
Is Being a Landlord Still Worth It in 2024?

Rent Smart Wales audit: Electrical safety and navigating the requirements

Rent Smart Wales is undertaking a compliance audit and has identified some electrical safety pitfalls that can be easy to overlook. The Renting Homes (Wales) Act (RHW) requires landlords in Wales to undertake electrical safety testing to ensure properties are safe to rent. NRLA Senior Campaigns Officer Ellie Bateman explains more about the audit and top tips to navigate electrical safety requirements as a landlord in Wales.

Industry News Eleanor Bateman 29/07/2024
Rent Smart Wales audit: Electrical safety and navigating the requirements

NRLA Wales campaigning update: July 2024

NRLA Wales Operations Manager Steven Bletsoe provides an update on Wales' private rented sector, and NRLA campaigning this month.

Industry News Steven Bletsoe 29/07/2024
NRLA Wales campaigning update: July 2024

Landlords need to professionalise to prepare for the future

Landlords need to professionalise if they are to flourish, says Paul Shamplina, TV star and founder of Landlord Action, who will be addressing the NRLA Landlord Conference this autumn. Paul, says landlords need to view their rentals as a business, and has called for greater clarity on what changes we’re set to see in the coming years.

Industry News Sanjeev Shetty 25/07/2024
Landlords need to professionalise to prepare for the future