Buy-to-Let & Landlord News Round-Up | Nov 3, 2025

Rachel Reeves licensing story puts spotlight on local licensing schemes

• Chancellor Rachel Reeves made headlines this week after it emerged her letting agent failed to obtain a selective licence required by her local council. The agent admitted fault and apologised, but the story has reignited debate about the complexity of local licensing rules and who bears ultimate responsibility.
• Ironically this comes when Councils across England are increasing prosecutions for unlicensed HMOs and selective-licence breaches. Several cases have resulted in hefty fines and rent repayment orders.
• What this means for landlords: The legal duty to hold a valid licence remains with the landlord. This case is a timely reminder to check whether your property is in a selective or additional licensing area and ensure all paperwork is up to date.

Landlord profits hit a six-year high - but confidence slips

• According to Aldermore Bank’s latest Buy-to-Let City Tracker, average landlord profits have reached their highest level in six years, with more than 80 % of landlords reporting a net positive return. However, confidence in the sector has fallen, with many citing rising costs, regulatory uncertainty and tax changes as key concerns.
• What this means for landlords: Despite strong profitability, sentiment suggests a cautious outlook. Landlords should focus on cost control, maintaining compliance, and reviewing financing to protect margins in a shifting market.

Tenant demand still outweighs supply

• National letting data shows continued imbalance between tenant demand and rental stock availability. Although rent growth has slowed slightly, competition for quality properties remains fierce.
• What this means for landlords: Void periods are at multi-year lows - landlords offering well-maintained and compliant properties can expect strong interest and reduced marketing time.

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