All posts by Jason McClean
Student property purchases surge ahead of stamp duty hike...
The first quarter of 2016 has seen a surge in investors buying student property in order to beat the imminent stamp duty changes.
Investors have been rushing to complete their student property purchase...
Average tenant pays £40,000 in rent over five years...
The average tenant in England has paid £41,196 to their landlords over the last five years, according to new analysis.
This figure is almost enough to put down a 20% deposit on the average first time...
Top locations popular with renters...
Buy to let hotspots by location start at £75,000 with good investment opportunities and capital gains available to landlords despite the impending changes to legislation. These are our top locations popular...
Insurance Explained – What is Landlord Insurance?
Here at Property118 we want to make things as simple and straightforward as possible. That’s why we GUARANTEE to beat any like for like Landlord Insurance policy. But what is Landlord Insurance and why...
Demand increases around London tube stations in Zones 5 and 6...
Property demand across the London tube network has decreased to 35%, a fall of 3%, according to the latest Property Hotspots Index from eMoov.co.uk.
While London’s inner zones have seen demand fall,
Now is a good time for Landlords to carry out mid-tenancy inspections...
Landlords are being urged to carry out mid-tenancy inspections of their rental property, with February being the optimum time to do so, according to the Association of Independent Inventory Clerks (AIIC).
Demand from renters to accelerate past a million...
Demand for rented homes will rise by more than one million households over the next five years, according to analysis from Savills.
The latest findings have been revealed despite the government’s efforts...
Parking spaces add up to 13% to the cost of new properties...
Less than a fifth of new build properties in London include a parking space in the purchase price, compared to 67% for other major cities, according to new research.
A parking space with a new home in...
London falls from the top 10 European cities for property investment...
For the first time since 2012, London has slipped out of the top 10 best cities in Europe for property investment to 15th place as a result of high prices and a crunch on yields.
Berlin and Hamburg came...
Energy efficiency is a top priority for tenants in 2016...
A fifth of tenants consider cost-effective central heating to be a must, according to a new study.
As the winter weather worsens, it is not only home owners who are concerned about the increasing costs...
UK rents decrease by 0.4% in November...
The annual rate of increase for residential rents in the UK has fallen from 3.9% to 2.9% after dropping 0.4% in November, the latest index figures have revealed.
Rents in London fell by 0.6% month on month...
Buy To Let mortgages could require a 50% deposit in the future...
Experts have predicted that the buy to let market is moving towards a situation where only those with a 50% deposit are likely to qualify for a mortgage.
Lenders are tightening their criteria for new applicants...
UK home buyers consider conveyancing process to be out of date...
The legal conveyancing process undertaken as part of buying a home in the UK is often seen as too complicated and slow, according to a new survey.
42% of home owners questioned felt their experience of...
The easiest and hardest places to sell a house in the UK revealed...
The hardest place to sell a house is London’s W postcode, according to new research which has examined 8,500 house sales.
The London postcode includes the exclusive districts of Mayfair and Kensington...
UK tenants want to be allowed to decorate their properties reveals...
Tenants are willing to pay more if they are allowed to decorate their homes, according to new research.
Tenants would be willing to pay an additional £149.52 a year, on average, if their landlords would...
Landlords – what do you need to know about changes to electrical...
Landlords have the responsibility of keeping their tenants safe and electrical safety is a big part of this. In order to avoid fines and protect your tenants, be aware of changes to the latest legislation.
Landlords make sure you prepare your property for the winter!
The winter is fast approaching and the cold weather could have an adverse effect on your buy to let property.
To avoid expensive repair bills, it is important to take preventative action. A few simple...
Rents hit a record high of £816 a month with Londoners paying...
Private rents hit a new high of £816 in September across England and Wales, according to new figures.
Tenants were required to give an extra £48 per month to their private landlords compared to this...
Record level for rents in England and Wales...
Average rents across England and Wales reached the highest level ever recorded between August and September this year, new data has found.
According to the latest buy-to-let index from Your Move and Reeds...
New smoke alarm laws for rental properties could save more than...
A new law which requires landlords to install smoke alarms in homes they rent out will save more than 200 lives over the next 10 years, according to experts.
The regulations, which came into effect on...
Positive attitude in the UK private rented sector says new Paragon...
The majority of tenants in the UK private rented sector are pleased with their current landlord, according to new research.
Only 5% of tenants have refused a longer term tenancy, revealed a study commissioned...