Industry news
Local Housing Allowance rates cover just 18% of cheapest rents
Local Housing Allowance (LHA) rates now cover just 18% of the cheapest private rents, widening the gulf between the support benefits tenants receive and the rent they have to pay.
Minister appeals for PRS landlords to house Afghan families
The Rt Hon. Johnny Mercer MP, Minister for Veterans’ Affairs, calls upon conscientious landlords to support Afghan families into private rented accommodation.
Rental reform on agenda during first NRLA Landlord Panel
Members of the NRLA’s newly-formed landlord panel had the opportunity to meet and feedback on proposals included in the Renters (Reform) Bill last week. At a session facilitated by the NRLA’s policy team in Manchester, landlords shared their observations on the proposals in the Bill, published back in May.
NRLA reaches national award finals
The National Residential Landlords Association has reached the finals the Association Excellence Awards 2023, in six different categories.
In pictures: NRLA on Tour Llandudno event
It was standing room only at the NRLA’s second Wales ‘On Tour’ event in Llandudno last week. NRLA North Wales representative Sandra Towers hosted as an impressive line-up of speakers took to the stage.
Bank of England forecasts major rise in landlord mortgage costs
Following the release of new Bank of England data pointing to a substantial increase in buy-to-let mortgage costs, the NRLA offers its take on what this means for the private rented sector.
‘Rome is burning’: NRLA boss warns Select Committee immediate action is needed to tackle PRS supply crisis
Change is needed if the Government is to avoid a mass exodus of homes from the private rented sector once its Renters (Reform) Bill is implemented. Giving evidence to the Levelling Up, Housing and Communities Select Committee yesterday, NRLA Chief Executive Ben Beadle said that, against a background of rising interest rates and increased taxation, adjustments must be made to ensure landlords have the confidence to continue to provide the homes to let that the country so desperately needs.
Unlocking the power of fractional property investment
Bill Greaves of fractional property investment firm, Cahootz, explains what landlords need to know about fractional property ownership.
Call for action on supply as property listings plummet in capital
As new data shows property listings in London have plummeted by 40%, the NRLA is calling for positive action to stimulate the supply of homes to let.
Write to your MP on building safety funding
Members of the NRLA who have been excluded from the Building Safety Act’s leaseholder protections are being urged to write to their MP to support an Early Day Motion that has been tabled on the matter.