Industry news
Council tax premiums and empty homes
Policy Officer Dan Cumming provides an update on a consultation around council tax premiums, second homes, and empty properties.
Landlord sales profits down
Private landlords selling property will typically make around £10,500 less than they would have done had they sold in 2022 according to a new analysis.
Housing benefit fails to cover rent for 61% of households
New figures show 61% of households in England and Wales are seeing a shortfall between the benefit payments they receive and the rent they must pay.
Let technology decide a home’s worth
Ross Allan of Hometrack, explains more about how landlords can use technology to create Property Valuation Reports in minutes, to understand the value of their rental properties.
Would you allow childminding in your rental property?
Over the last decade, the number of childminders in England and Wales has declined substantially, with the Government committed to addressing the issue. This week the NRLA met with the Government to discuss the barriers to childminding in rental homes. Policy Manager James Wood explains more.
Landlord Warning: Your tenant’s e-bike batteries can cause serious fires
E-bikes and scooters have been associated with more than a hundred fires already this year, some of them fatal. Here Tessa Shepperson of Landlord Law explains what landlords need to know and shares advice on how best to protect your tenants and properties.
New toolkit for Welsh landlords to respond to rent controls consultation
A new toolkit, designed to help landlords understand and respond to the Welsh Government’s consultation on rent controls, has been launched by the NRLA.
The Renters (Reform) Bill unpacked: Everything you need to know to stay informed
The NRLA has produced a new factfinder giving you all you need to know about the Government's proposed Renters (Reform) Bill. Campaigns and Public Affairs Executive Samuel Leeson explains more.
Right to rent fines to hit £20,000
Landlords could be hit with fines of up to £20,000 for failure to ensure tenants and lodgers have the right to rent in the UK. For landlords who take on illegal immigrants, the fines will increase from £80 per lodger and £1,000 per occupier for a first breach to up to £5,000 per lodger and £10,000 per occupier. Repeat breaches will be up to £10,000 per lodger and £20,000 per occupier, up from £500 and £3,000 respectively.
Government must act to protect rental market as Bank again hikes interest rates
The NRLA responds to news that the Bank of England has increased the base interest rate to 5.25%, the fourteenth consecutive occasion on which they have done so since 2008.