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When you become a member of the Property118 community you will be able to join in discussions and post comments below articles. Another major benefit is that you will receive notification of new articles within minutes of them being published. If you prefer not to receive these notifications you can turn them off from your member profile page. Every comment you leave on our forums will be linked to your member profile. The more comments you leave, the more exposure to your member profile :) Business sponsors can add more information to member profiles including contact details, picture, logo's, website links and links to other social networks. The Property118 mission is to facilitate the sharing of best practice amongst UK landlords and letting agents. The running of the website is funded entirely through sponsorships and donations. We need YOUR help! Most commercial organisations have a price for memberships and subscriptions but we thought we would do something a bit different. Only you can put a value on what you get out of Property118 and with that in mind we invite you to decide for yourself what Property118 is worth to you. If you are strapped for cash you are under no obligation to contribute anything. If you would prefer just to make a donation without becoming a member please click here


Benefit tenants set to lose by Government attack on Landlords

Benefit tenants set to lose by Government attack on Landlords

26/05/2016

Housing benefit tenants are set to lose out on private rented homes as landlords look to tenants less prone to missing rental payments, in order to minimise the impact of last year’s Budget. According to the latest research of 1097 respondents from the National Landlords Association (NLA), 60% of landlords report that the Chancellor’s decision… Read more

Tenant Profiling using social media

Tenant Profiling using social media

New software used by Tenant Assured is said to be able to profile prospective tenants, by using the social media platform of their choice, to assist landlords and agents select applicants. It is also supposed to be able to help ‘check up’ on tenants during the term of the tenancy. Obviously only with an individuals… Read more

Fire Safety Logbook

Fire Safety Logbook

23/05/2016

The National Landlords Association (NLA) has launched a new version of their Fire Safety Logbook which has been endorsed by the Chief Fire Officers Association (CFOA). The Fire Safety Logbook aims to help landlords in England and Wales keep a record of their fire safety precautions in one document. The new logbook includes updated regulations… Read more

Quest report BTL survey instructions down by 40% on February

Quest report BTL survey instructions down by 40% on February

13/05/2016

The Quest Survey and Valuation reporting systems are the most widely used by surveying firms across the UK reporting back to lenders and customers. They are therefore in one of the best positions to report on activity in the Buy to Let market as a valuation survey is only instructed once a mortgage has been… Read more

Risks to novice landlords revealed

Risks to novice landlords revealed

11/05/2016

Paul Shamplina, Founder of Landlord Action, is due to appear in three separate stories in this week’s episode (Wednesday 11th May, Ep10) of ‘Nightmare Tenants Slum Landlord’ on Channel Five. The landlords in all three cases have little or no experience of the buy-to-let industry and this week the show shines the spotlight on just… Read more

Government may look to ban Gazumping

Government may look to ban Gazumping

10/05/2016

Around 200,000 or 18% of house purchase transactions fall through every year with the Telegraph reporting that the Department for Business Innovation and Skills have been in talks with the National Association of Estate Agents (NAEA). The discussions were to consider the idea of introducing the Scottish system which is also used in other countries… Read more

Zoopla figures show property prices being more heavily discounted

Zoopla figures show property prices being more heavily discounted

New figures from Zoopla show that the average discount on asking price for property has increased to £25,265 (up £4,000 on January) and that 29% of all properties on the website have had their asking price cut at least once since they were listed. Popular press are calling this the property bubble bursting. The Halifax… Read more

Bank base rate cut possible?

Bank base rate cut possible?

09/05/2016

Amid what looks likely to be slowing growth figures for April, the Bank of England is predicted in the inflation report due this week to produce its most detailed analysis on the risks of Brexit and the continued uncertainty that this is causing in the economy. The economy looks like slowing quickly before the June… Read more

Share offer has gone live to the general public

Share offer has gone live to the general public

27/04/2016

The share offer in LettingSupermarket.com has gone live to the general public via the Seedrs crowdfunding website. Please Click Here The crowdfunded share offer was restricted to Property118 members until now. Well over a hundred Property118 members completed the “Expression of Interest” form and I know that Chris Sheldon (Managing Director) has been busy talking… Read more

We go to court tomorrow – wish us Luck! (West Brom Tracker Case)

We go to court tomorrow – wish us Luck! (West Brom Tracker Case)

This could be a historic day for all Buy to Let Landlords! The case of MARK ROBERT ALEXANDER (as representative of the “Property 118 Action Group”) Claimant – and – WEST BROMWICH MORTGAGE COMPANY LTD Defendant will be at 10 am on Thursday 28th April 2016 at Royal Courts of Justice, Strand, City of Westminster,… Read more

Right to Rent rules may change

Right to Rent rules may change

21/04/2016

Right to Rent checks became a legal requirement for landlords to carry out on tenants from February this year. This controversial requirement has been seen by many landlords as an unnecessary extra responsibility carrying out checks that should be made by customs and immigration. However the RLA have reported that the Government is planning to… Read more

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