Buy to Let News

London’s rental prices reach record high weekly price

Author: Property118.com Landlord News Team

16th November 2022, 3 years ago | 0

New figures show that London’s rent prices have reached record highs, as rising interest rates and lack of supply put...

1 in 5 landlords are looking to reduce portfolios

Author: Property118.com Landlord News Team

16th November 2022, 3 years ago | 2

Landlords are making big adjustments to their portfolios to meet the cost-of-living crisis, research reveals. According to Handelsbanken, nearly three...

£82.7bn worth of rental properties occupied by fraudsters

Author: Property118.com Landlord News Team

16th November 2022, 3 years ago | 1

The rental sector has long been a leading target for fraudsters, criminals and money launderers with previous research estimating that...

The ethics vs financial realities of paying a tenant to leave?

Author: Readers Question

15th November 2022, 3 years ago | 40

Hello, We have an awkward freeloader who’s stopped paying. If it takes 6-12 months to evict him we will have...

Inventories provide landlords with a ‘last line of defence’

Author: Property118.com Landlord News Team

15th November 2022, 3 years ago | 0

Landlord and agent fears over controversial Government proposals for the private rental sector (PRS) would be eased by the adoption...

RICS says that the EPC scheme ‘needs improvement’

Author: Property118.com Landlord News Team

15th November 2022, 3 years ago | 20

With residential landlords facing the prospect of meeting an EPC rating of C by 2025 for their rental properties, comes...

Rents pass £1,200 for the first time

Author: Property118.com Landlord News Team

15th November 2022, 3 years ago | 0

The average rent on a newly let home in Great Britain rose to £1,204 per month in October, up £80...

Council tax bills equate to 37.5% of a tenant’s rent

Author: Property118.com Landlord News Team

14th November 2022, 4 years ago | 5

With rumours that the Government might be about to increase council tax bills in its Autumn Statement comes news that...

Propertymark slams extension to no-fault notice periods in Wales

Author: Property118.com Landlord News Team

14th November 2022, 4 years ago | 0

All new tenancies in Wales from 1 December will have a statutory six-month no-fault notice period, while existing tenancies that...

Unprotected deposit claim – 6 year rule?

Author: Readers Question

14th November 2022, 4 years ago | 15

Hello, The 6 year rule? From the date of contract on an ex-tenant who is claiming compensation of £4-12k on...

Mayor of London calls for emergency private renting summit

Author: Property118.com Landlord News Team

14th November 2022, 4 years ago | 21

The Mayor of London, Sadiq Khan, has called for an emergency private renting summit – but landlords aren’t invited. He...

Average house price falls £4,159 in a month

Author: Property118.com Landlord News Team

14th November 2022, 4 years ago | 0

The average price of a property in the UK fell by 1.1% or £4,159 in October, data from Rightmove reveals....

Transfer of Ownership of tenanted property – the practicalities?

Author: Readers Question

11th November 2022, 4 years ago | 5

Hello, I have recently sold a tenanted property and the completion date is a week away. Does anyone have any...

Tenant fraudster who tried sell landlord’s house jailed

Author: Property118.com Landlord News Team

11th November 2022, 4 years ago | 12

A tenant who tried to sell the house he rented without his landlord’s knowledge has been jailed. Andrew Smith, 41,...

Rents set to outperform property prices

Author: Property118.com Landlord News Team

11th November 2022, 4 years ago | 0

Rental value growth is predicted to outpace property price growth over the next five years, says one leading property expert....

10% drop in house prices predicted by Savills in 2023

Author: Property118.com Landlord News Team

11th November 2022, 4 years ago | 0

The average UK house price is predicted to fall by 10% in 2023, real estate firm Savills says. It points...

Rental market picks up steam while house sales stall

Author: Property118.com Landlord News Team

10th November 2022, 4 years ago | 0

Demand across the lettings market is high and continues to push rents up, the latest surveyors’ report reveals. RICS says...

Proposed CGT hike in the Autumn Statement?

Author: Readers Question

10th November 2022, 4 years ago | 13

Hello, I am being forced to sell my rental property to a developer because of a big development including my...