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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

Precise mortgages

Buy to Let second charge loans with Precise Mortgages


For many Buy to Let borrowers raising finance by way of a second charge loan can be far better than leaving an existing very low reversion rate and re-entering the cycle of remortgaging every few years with an incrementally higher rate at the end of each mortgage product term. Precise Mortgages have launched a new… Read more

Landlord Action commissioned for second series of Nightmare Tenants Slum Landlords

Landlord Action commissioned for second series of Nightmare Tenants Slum Landlords


Channel Five bosses have agreed the eye-opening first series of ‘Nightmare Tenants, Slum Landlords’ has only scratched the surface of the issues faced when the relationships between landlords and tenants break down. With the last episode in the current series due to air on Wednesday 29th July, a second series featuring Landlord Action has been… Read more

Rental Property Tax Levy

Rental Property Tax Levy


The following questions have been raised in response to the Governments proposals for “restricting finance cost relief for individual landlords”.  1) Does the Government consider it is reasonable for any business to have to pay more tax than they actually make in profit? 2) Does the Government consider it is reasonable for any business to have… Read more


New Buy to Let product range and 80% from Aldermore


Aldermore have combined and enhanced their Residential and Commercial Buy to Let product ranges providing solutions for many types of landlords with a full spectrum of products for simple to complex deals. Buy to let range improvements include: 2, 3 and 5 year fixed rates from 4.18% Term Variable rates from 3.93% Maximum LTV increased… Read more

Young couple arguing in their living room

How the budget will affect private landlords – EXAMPLE


Dave & Margaret are married and together run a sizeable buy-to-let property business. Properties have been acquired over a period on nearly three decades and have always been purchased in their own names as opposed to a company based on advice from their accountants. 2016/17 Tax year 2020/21 Tax year Rental income £600,000 £600,000 Expenses £200,000 £200,000 Mortgage… Read more

Vector illustration Furious businessman hitting the computer keyboard

emails to George Osborne – Chancellor of the Exchequer

The following are just a selection of the emails that Property118 members have sent to George Osborne since his budget announcements affecting landlords last week.  Please feel to post yours in the comments section below …. Dear Mr Osborne I am writing to you to express my dismay and consternation at the proposed changes to… Read more

Paul Shamplina

1.5 million tune into Nightmare Tenants Slum Landlords


Into its fourth week, Channel 5’s ‘Nightmare Tenants, Slum Landlords’ is growing in popularity with viewing figures of last week’s episode hitting 1.5 million. This week, a serial bad tenant and a subletting scammer will highlight the need for landlords to take action at the first sign of things going wrong. Landlords Terry Sartin and… Read more

BTL 5 year fixed rates - Best Buys

BTL 5 year fixed – Best Buys


The following Best Buy table was taken directly from our mortgage sourcing tool. The input fields used were:- Purchase price: £200,000 LTV: 80% Deal: 5 year fixed rate To search for other products or to enter different loan amounts, LTV’s etc click on the image below to link to our mortgage sourcing tool. Alternatively you can… Read more

Own Shares in the Property118 Rental Property for-sale Portal

50% tax relief on shares in the new Property118 portal


Updated 7th July 2015 – First published on 30th April 2015   Property118 Portal Limited is a new start up business hosted on the established website. It seeks to attract investment of £150,000 in return for 10% of the shares in the new company. The website now serves two separate businesses owned by… Read more

Landlord faces agent who owes her £20,000

Landlord faces agent who owes her £20,000

Channel 5’s ‘Nightmare Tenants, Slum Landlords’ is set to show how one rogue operator gives good letting agents a bad name. Margaret Wilson faces the agent that owes her £20,000 in a perfectly captured showdown on Wednesday 8th July at 9pm. Margaret Wilson owns two rental properties in Oxfordshire. Two years ago she handed them… Read more

Paul Shamplina

Three landlords face financial ruin on – Nightmare Tenants, Slum Landlord


The second episode of Channel 5’s ‘Nightmare Tenants, Slum Landlords’, due to air on Wednesday 1st July 2015 at 9pm, will feature three separate landlords all facing financial ruin as a result of troublesome tenants. Calling on the expert help of Landlord Action to help regain possession of their property and chase outstanding arrears, Founder… Read more

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