Industry news
News relating to the private rented sector from both England and Wales, affecting landlords.
Supply crisis the crux of rising rents
Supply and demand issues are driving rents ever higher, with urgent action needed to support landlords and tenants. The NRLA has called for positive action to help meet the increasing demand for rented homes, after new figures from the Office for National Statistics (ONS) showed rents have risen by 15 per cent since January 2022.
Landlord court fees rising
Court fees will rise by 10% in May, according to a Government announcement this week. The impending changes will have a significant impact on landlords, with the cost of a possession claim rising to nearly £400.
Supply and demand inbalance must be addressed to support rental market
CEO Ben Beadle has recently commented on the Resolution Foundation Report, which highlighted the recent trends in rental-price growth, such as average rents being risen by 15 per cent since January 2022, and are currently rising at their fastest rates on record, growing by 9 per cent over the year to February 2024.
NRLA picks up top national awards
The NRLA has been named Best Property Education Provider and Best Product for Landlords at this year’s annual Property Reporter Awards.
Cladding Crisis: Cash grants on offer through new website
Cash to fund the replacement of dangerous cladding on blocks of flats is being made available via a new website being launched by the Government. The ‘Building Remediation Hub’, which will go live on Monday, will allow block owners and other ‘responsible persons’ to submit applications for Government funding for replacement cladding on medium- and high-rise buildings over 11 metres tall. Funding is not available to individual leaseholders.
Leasehold consultation to close this week
A consultation which could increase the number of properties couples can hold to qualify for building safety protections will close on Thursday.
Publish amendments and get on with Renters (Reform) Bill, landlords tell ministers
In the wake of the news that the Government has announced proposed changes to the Renters (Reform) Bill, the NRLA provides its response to this development.
Rental reform amendments will include minimum tenancy plan
Plans to introduce a minimum six-month tenancy will be included in government amendments to the Renters (Reform) Bill. Here NRLA chief executive Ben Beadle talks about what we know.
Ofgem exploring registration plans
Ofgem has revealed it’s looking at plans to introduce a registration scheme for landlords who provide heat and hot water to more than two households in their rental properties.
NRLA podcast: New research on landlords and the economy and change on the way for EPCs
In this episode of NRLA podcast Listen Up Landlords presenters NRLA CEO Ben Beadle and Richard Blanco examine new research on landlords' contribution to the UK economy and changes to the way EPC inspections will be carried out.
