Property News

Scotland hits landlords with a 3% rent cap

Author: Property118.com Landlord News Team

20th January 2023, 3 years ago | 24

Emergency measures that saw a rent freeze and an evictions moratorium being introduced in Scotland will now see rent rises...

Am I really liable for council tax?

Author: Readers Question

20th January 2023, 3 years ago | 19

Hello, I have a 5 year HMO licence on a property in London until 2024. During Covid we found it...

More people than ever before are looking to rent a home

Author: Property118.com Landlord News Team

19th January 2023, 3 years ago | 0

Propertymark has revealed its concerns and opportunities for landlords, buyers, tenants, sellers and investors in 2023. And its annual report...

House prices and buyer activity continue to fall

Author: Property118.com Landlord News Team

19th January 2023, 3 years ago | 0

There has been a further weakening in the property market with sales, instructions to sell and prices all declining in...

Regulated tenant/tenancy forced to give up external storage room?

Author: Readers Question

19th January 2023, 3 years ago | 5

Hello, As regulated tenants we have been renting a flat with a secure storage room in the roof area, since...

Tenants pay up to 43% of earnings on rent

Author: Property118.com Landlord News Team

19th January 2023, 3 years ago | 6

The average tenant is paying 23.5% of their net earnings on rent – and up 42.8% in England’s least affordable...

Strong tenant demand pushes room rents to record high

Author: Property118.com Landlord News Team

18th January 2023, 3 years ago | 6

As tenant demand continues to outstrip supply, room rents have hit a record high, a survey reveals. According to SpareRoom,...

House prices rose by 10.3% in the year to November

Author: Property118.com Landlord News Team

18th January 2023, 3 years ago | 0

The average UK house price rose by 10.3% in the year to November 2022, which is down from 12.4% in...

How to solve anti-social behaviour?

Author: Readers Question

18th January 2023, 3 years ago | 14

Hello, Not sure if anyone can advise, but I have a long standing good tenant who has complained about the...

Rental market starts 2023 strongly

Author: Property118.com Landlord News Team

18th January 2023, 3 years ago | 0

The demand for rental property is still outpacing supply and rent growth is still rising – so the sector starts...

Propertymark calls for 6% Additional Dwelling Supplement reversal

Author: Property118.com Landlord News Team

17th January 2023, 3 years ago | 2

In a bid to highlight the increasing burden on landlords in Scotland’s private rented sector (PRS), Propertymark is calling on...

Frustrated sellers decide to rent out in London

Author: Property118.com Landlord News Team

17th January 2023, 3 years ago | 0

Data shows that a significant proportion of the new rental properties coming to London’s rental market had previously been put...

Past tenants admit to smoking in property?

Author: Readers Question

17th January 2023, 3 years ago | 11

Hello everyone, My previous tenants who left my flat on 9th January have admitted on email to smoking in the flat....

Revealed: Why councils REALLY carry out licensing inspections

Author: Property118.com Landlord News Team

17th January 2023, 3 years ago | 13

Landlords are being warned that councils are using the inspection process to implement fines rather than help landlords improve their...

Scotland’s PRS is boosted by letting agent training and development

Author: Property118.com Landlord News Team

17th January 2023, 3 years ago | 0

The Chartered Institute of Housing (CIH) Scotland says that investing in ongoing professional development and housing qualifications help to improve...

Poor areas drive PRS growth – with record rent paid in 2022

Author: Property118.com Landlord News Team

16th January 2023, 3 years ago | 0

An analysis of the latest census data shows that between 2011 and 2021 the number of households renting privately increased...

Letting agents predict rise in arrears and drop in landlord numbers

Author: Property118.com Landlord News Team

16th January 2023, 3 years ago | 1

Most letting agents say they expect to see more landlords leave the market in 2023 – against a backdrop of...

New Year bounce sees house prices go up

Author: Property118.com Landlord News Team

16th January 2023, 3 years ago | 0

The average new seller’s asking price went up in January after two months of falls, Rightmove says. According to its...