Landlords are voting with their feet and won’t invest in neighbourhoods where local councils are imposing strict planning and licensing rules.
Three out of four landlords say they do not want their property investments tied up in red tape.
Around 80 local councils apply article 4 directions or additional/selective licensing to control private rental homes.
A survey by Paragon Mortgages was told 75% of landlords did not want to invest in these neighbourhoods, while 60% confirmed they would definitely not buy investment properties in areas subject to selective licensing.
Only a fifth of landlords (20%) polled considered selective licensing had no impact on their property businesses.
When asked about their worst fear for their business, 14% of landlords reported borough wide licensing schemes like those in Oxford and Newham, East London, were their greatest concern.
Article 4 declarations govern letting family houses to groups of three to five tenants sharing. These are typically students or young professionals. Landlords must have planning permission to rent out new shared homes in these areas.
Additional or selective licensing applies to all private rented homes in a specific area. All landlords must pay the council for a license before letting a property.
Paragon director John Heron explained while many non-investors complain buy-to-let market is not regulated; landlords must comply with more than 100 different regulations.
“It is clearly important that landlords who operate in the buy-to-let market are regulated and run responsible businesses. However, what our survey shows is that landlords are becoming increasingly concerned about selective licensing and other areas of regulation,” he said.
“If selective licensing is employed in the appropriate way it will be beneficial in areas that need it, but there is a danger of putting off new landlords - which the market needs in order to grow - if a broad brush approach is taken.”
Over the last 20 years, AFS has been the home of student accommodation.
Throughout this period we have always offered the full range of student
accommodation and featured over 200,000 student houses on the site in every
University City in the UK.
There has been a big rise in company landlord numbers which have reached their highest level since 2011, according to research.
Real estate firm Hamptons International says that 12% of rental homes in the first half of this year were let by a company landlord.
That's up from
Plans to introduce rent controls in London along with a bid to reform the capital's lettings sector have been criticised by leading organisations.
The Residential Landlords' Association (RLA) says that London Mayor Sadiq Khan's plans for powers to reduce rents and carry out a t
Research has revealed that areas with high crime rates tend to deliver higher rental yields for landlords.
The findings from a national lettings platform looked at how crime rates impact on yields and found that the landlord's returns will increase along with the level of crime
Unless the government's promise to open up the 'Rogue Landlords' database to tenants comes with enforcement action, it will be a pointless exercise, one organisation warns.
The National Landlords' Association is responding to a consultation unveiled by the Ministry of Housing,
The costs of being a landlord in the UK have been revealed with landlords spending thousands of pounds every year on their properties.
The research from LV= General Insurance found that landlords are each spending an average of £3,134 on their properties which amounts to nearly
There has been a big increase in demand from tenants after the tenant fee ban was introduced, figures reveal.
According to data published by Rightmove, tenants who are looking for a new rental home grew by 7% between May and June, that is seven times higher than the previous fo
In the month before the Tenant Fees ban came into force, rents across the UK grew, a report reveals.
The Royal Institution of Chartered Surveyors (RICS) also says that tenant demand has increased slightly for five months in a row.
However, they also say there has been a fal
More than a quarter of landlords have confessed they do not understand changes that have been introduced to the market, research reveals.
The findings from Market Financial Solutions is aimed at financial advisers so they can warn their buy to let clients who may be struggling
There has been a steep rise in the number of tenants aged over 50 who are renting their homes, new research reveals.
Hamptons International says that so far this year, around 15% of rented homes are made up of people who are aged over 50. In 2012, that figure was just 11%.
Four in 10 tenants are said to be stuck with a landlord who will refuse to repair their problem-ridden properties, research has revealed.
The findings from the HomeOwners' Alliance highlights that tenants are being left in damp, cold properties with a landlord who is unwilling
Tenants will save £192 million every year under the Tenant Fees ban, research reveals.
The findings from Bunk, a rental platform, used government data to analyse the 860,000 new rent transactions that are carried out every year, with the average tenant having to fork out £223
The government is introducing big changes to the Universal Credit system which will now see a tenant's rent being paid directly to their landlord.
The controversial benefit currently sees a tenant being responsible for making their own rent payments to their landlord.