r/landlordslondon

The 10-year bond yield - effectively the interest rate charged to the UK government for a 10-year loan - rose above 5.17% at one point on Friday, the highest since 2008.

Now what does that translate to for landlords? Well there are most likely two impacts:

1. In the short-term at least there is more likely to be an increase in borrowing rates.

2. This is not good news on the economy so is likely to depress growth and spending power. This will put pressure on affordability.

The action we would suggest is that if you are refinancing at the moment then it would be best to lock in a rate as we expect there to be a bit of volatility in what lenders are offering.

In the past few days it has been confirmed that landlords will have to pay £500 to mount a challenge to a fine from the council.

The fees come from the First-tier Tribunal (Property Chamber) Fees (Amendment) Order 2026. The Order introduces a £200 application fee plus a £300 hearing fee for financial penalty appeals.

Is that really a just and equitable position? If a council issues a fine that they should not have and a landlord challenges it and wins they are still £500 out of pocket. And they can't recover those costs except in the most exceptional circumstances. Is that the basis of a "fair" system? We don't think so.

I am a 41F live-in landlord, I rent an annexe (no shared areas, just the same utilities). My tenants are a married couple in their late 20s (non-UK nationals). This is their 3rd year renting from me.

Since last summer, it has become clear that the husband is hiding a weekend drug habit, as well as multiple debts from his wife. I know this as he has admitted to me starting to use coke last summer, and I have noticed an increase in 'serious looking' letters (most notably) from his car insurance provider and others.

This has been going on for months; the wife has been out of work since December, and I am concerned about their ability to pay rent (they have not defaulted yet) and the prospect of debt agencies coming to my door. As my front door has street access, and theirs is separate and behind a locked gate, if creditors come, it will be me who has to confront them.

I have had bad experiences with creditors when my dad passed suddenly, so just seeking reassurance as to where I stand. I've done my best to go above and beyond for my tenants, but this situation has me worried as I live alone otherwise and don't have anyone to ask for advice.

Do I have any rights when using a non-assured tenancy agreement to serve notice if I start having issues with companies coming to my door to recover debt from the husband? Is there a risk that they will take any of my property to cover the debt?

EDIT: I realised that I've used the incorrect wording here. My situation is that I am a Residential Landlord and these are my tenants. I have added a screen grab of NRLA (National Resident Landlord Association website description - of which I am a member). I am using a non-assured tenancy agreement for this reason.

https://preview.redd.it/p5m7qon2nj0h1.png?width=675&format=png&auto=webp&s=cf1628860f58551e90187ec0df9100470d2c8283

The new Deputy major of Hackney (Dylan Law ) in a televised speech last week called for a maximum cap on rents across all residential properties to be a maximum of £600 PCM. I’d imagine this would be a VERY popular policy amongst the 10.9 million renter households in the U.K. and could be enough to win the greens many MP’s in areas where there are large numbers of renters at the next general election in 2029 eg London. The greens voted to abolish Landlordism at their party conference by taxing Landlords out of existence. Are London landlords taking these threats by the greens seriously? What are you doing in the face of these threats? Could a political party in power legally enforce a maximum cap on residential rents? What do you guys think?

It seems that London in particular had a big swing to the Greens. But I do wonder if that actually makes any difference in reality, ideologically they are pretty much the same as labour but being nowhere near power can promise crazier things they can’t even remotely deliver.

Anyone have a different view or worried?