Cautionary Tales

Why Letting Agents Must Act Now: Protecting Businesses Amid the Landlord Exodus

Author: Mark Alexander

29th October 2024, 1 year ago | 3

The UK’s private rented sector is facing an unprecedented crisis, and letting agents are feeling the impact more than ever....

Airbnb scam alert? A landlord’s tale of deceit, tenant troubles and growing costs

Author: Readers Question

2nd May 2023, 3 years ago | 10

Hello, I am writing to report a situation regarding the leasing of my flat in South West London. I enlisted the...

Service charge dispute win ends up costing £18k?

Author: Readers Question

15th March 2023, 3 years ago | 8

Hi everyone, We took our Freehold Landlord to the small claims court for £3k and then it was transferred to...

Mortgage Express / UKAR calling in instant remortgages

Author: Mark Alexander

21st June 2015, 11 years ago | 20

I am aware of two Mortgage Express / UKAR borrowers who received a letter this weekend calling in their loans,...

Landlords urged to be vigilant for tenants cultivating cannabis

Author: Jason McClean

11th June 2015, 11 years ago | 6

UK landlords are being warned to be vigilant towards tenants cultivating cannabis in their properties. Figures from the Office for...

Evicting tenants just to break a contract with a letting agent

Author: Mark Alexander

16th July 2014, 12 years ago | 10

I was talking to Tony Sheldon at LettingSupermarket.com this morning about the increasing number of landlords who are being forced...

Extortionate court fee increases will impact landlords

Author: Paul Shamplina

9th April 2014, 12 years ago | 3

Landlord Action has lambasted Government plans to increase court fees as “extortionate”.  The planned changes will take effect from 22nd...

Skipton Building Society Legal Action

Author: Mark Alexander

2nd April 2014, 12 years ago | 34

In 2010 the Skipton Building Society broke a promise to over 60,000 mortgage account holders.  The basis of that promise...

Mortgage Express UKAR LPA Receivership

Author: Mark Alexander

20th March 2014, 12 years ago | 13

It has come to our attention that Mortgage Express (now UKAR – UK Asset Resolution) have recently been appointing LPA receivers with...

London Housing Solutions Rips off Landlords and LHA

Author: Property118.com Landlord News Team

10th March 2014, 12 years ago | 2

This report from Channel 4 investigates London Housing Solutions, a Rent to Rent company which is believed to have ripped...

Property118 Members vs West Bromwich Mortgage Company

Author: Mark Alexander

3rd March 2014, 12 years ago | 769

UPDATE – 31st March 2014 Since publishing this article our campaign has raised over £450,000 and legal action has now...

Contra proferentem mortgage conditions

Author: Mark Alexander

9th October 2013, 13 years ago | 49

Unless you are a qualified contracts lawyer who has also studied Latin you will probably not have a clue as...

ACT NOW to protect the margin on your YOUR tracker mortgage

Author: Mark Alexander

24th September 2013, 13 years ago | 123

If you have a tracker mortgage you may be forgiven for thinking that your mortgage payments will only change when...

Subletting Scams – why landlords are afraid to report them

Author: Mark Alexander

23rd September 2013, 13 years ago | 6

Many landlords are fearful to seek help from their local authorities in terms of dealing with subletting scams. Just imagine...

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Key Property (UK) Ltd fined £47k for damp unlicensed HMO

Author: Property118.com Landlord News Team

10th September 2013, 13 years ago | 16

A letting agent who rented out a damp, dangerous and dilapidated property received a hefty fine following a successful council...

Mortgage Express or Mortgage Distress?

Author: Mark Alexander

6th September 2013, 13 years ago | 58

The Mortgage Express exit strategy has been a hot potato since at least 2011 when they first met a group...

Cannabis Factory – Landlords Case Study

Author: Ben Reeve-Lewis

22nd July 2013, 13 years ago | 4

How do you know if your property is being used as a Cannabis factory? I’m writing this, having been involved...

Rent2Rent contracts – if you’re going to do it do it right ….

Author: Mark Alexander

5th July 2013, 13 years ago | 23

Rent2Rent companies are using the wrong letting contracts Whilst I have never been a fan of the Rent2Rent strategy I...