Page 107 – Property118
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BTL remortgage searches soar as landlords prepare for the Renters’ Rights Bill

14th April 2025

Buy to let landlords are stepping up their efforts to remortgage as the PRS adjusts to the looming Renters’ Rights Bill and the new stamp duty regime. Technology platform Twenty7tec has revealed that searches for BTL mortgages reached an all-time peak, with activity on 18 March 2025 doubling compared to the previous day. This surge […]

A fish on BBQ grill with a question mark and insurance coverage

Insurance to cover HMO fire?

14th April 2025

As the freeholder of a block and owner of 2/5ths of it, I’m responsible for arranging insurance. My issue is that 3/5ths of the flats are rented, and the maisonette I own (2/5ths) is an HMO. A clause on the insurance policy says risks are not covered. Any fire caused by cooking in a room […]

A roaring rocket with a house on top, heading towards the sky with an orange background, Rightmove and a pound sign

UK property hits new asking price high – Rightmove

14th April 2025

The average asking price for UK properties listed for sale has soared to a fresh high of £377,182 – a robust 1.4% jump, or an additional £5,312, Rightmove says. The property platform says this is the most significant April uptick in a decade, even as the supply of homes available reaches its highest level in […]

Safe Suffolk Renters sign

Councils team up to help landlords worried about Renters’ Rights Bill changes

14th April 2025

Two councils have joined forces to reassure private landlords who are anxious about the impending Renters’ Rights Bill, encouraging them to seek help from them. East and West Suffolk councils say the legislation, which they say could be law by this summer, are organising a free training session for landlords and agents in Newmarket. It […]

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TDS sent deposit to agent no longer trading?

14th April 2025

The Letting agent I used contacted me to inform me he was selling his business to another letting agent. He asked me what I wanted to do with the deposits being held in his TDS account. I emailed him to let him know I wanted the deposit to be transferred to my TDS account. After […]

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ModaMortgages and Accord cut buy to let mortgage rates

14th April 2025

Specialist lender ModaMortgages has lowered its buy to let mortgage rates by up to 20 basis points across its entire portfolio. This adjustment introduces two-year fixed rates starting at 3.39% and five-year fixed rates from 4.89%. The lender says the move caters to a diverse group of landlords, such as individuals, limited firms and both […]

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Landlord Strategy Alert: Act Now Before Renters’ Rights Bill Transforms the PRS

11th April 2025

Just when we thought this year was the year we’d be able to start clawing things back (goodbye incorporation challenges and downsizing drama) the true test for landlords is yet to come. With the Renters’ Rights Bill looming on the horizon, proposed to become law this summer, landlords have one final hurdle to overcome. The […]

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The landlord exodus continues, but no one in power seems to care

11th April 2025

Another week, another set of grim headlines for the UK’s landlords, yet the national news remains eerily silent on the issue. On Property118, three stories paint a stark picture of a private rented sector in crisis, with landlords leaving in droves. If policymakers and housing ministers like Matthew Pennycook – and even the Conservative shadow […]

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Private rented sector is shrinking fast as landlords abandon ship

11th April 2025

The private rented sector is shrinking as more landlords plan to exit the sector, according to a new survey. Data by landlord organisation iHowz reveals 59% of landlords are considering leaving the market, with 88% of those planning to sell. The survey also reveals that more than half of landlords (66%) have been in the […]

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Renters want to buy but struggle with costs – survey

11th April 2025

Renters have a strong desire to buy a home for a better life, but many are stuck with rising rents and house prices, a survey reveals. The West Brom Building Society survey found that 44% of tenants want to buy and enjoy a better quality of life. However, escalating costs mean that many will remain […]

A keyboard with a key saying Lessons Learned and Housing Ombudsman

Social landlord improves rent arrears and complaint handling after major failings

11th April 2025

A leading social landlord says it has carried out a significant overhaul of its operations after it wrongly informed a tenant that she owed more than £10,000 in unpaid rent. That led to the Housing Ombudsman mandating an independent evaluation of Housing for Women’s rent recovery methods due to serious shortcomings in managing accounts and […]

Digitial image of an EPC graph and 2040

UK commercial properties won’t hit 2030 EPC deadline until 2040

11th April 2025

The UK’s commercial real estate market is on course to miss a critical energy performance certificate (EPC) deadline by a full decade, according to a study. The findings by property data and technology firm Search Acumen warns that rented commercial buildings in England and Wales will not achieve the 2030 Minimum Energy Efficiency Standards (MEES) […]

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Rental demand grows as tenants prepare for busy moving season

11th April 2025

Rental activity in England is experiencing a revival with a rise in tenant interest for properties in the first three months of 2025, research reveals. The findings from Zero Deposit point to West Sussex as the emerging frontrunner, claiming the title of England’s most sought-after rental location. The firm evaluated rental appetite across all English […]

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One in 10 renters with children say they face rental discrimination

10th April 2025

One in 10 parents who rent their homes report feeling discriminated against when searching for new accommodation simply because they have children, a study by FCC Paragon highlights. The lettings solutions provider says that the Renters’ Rights Bill will eliminate parental discrimination and that new rule, plus the ban on Section 21 ‘no-fault’ evictions, will […]

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Criminal landlords could face jail but critics warn of enforcement gaps

10th April 2025

A landlord organisation and the Scottish Conservatives warn new proposals aimed at tackling criminal landlords must address the root of the problem. Scottish Labour has tabled an amendment to the Scottish Housing Bill that could see landlords who illegally evict tenants face up to two years in prison. The Scottish Association of Landlords (SAL) says […]

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Landlords stuck in postcode lottery on anti-social behaviour support warns Propertymark

10th April 2025

An industry body warns some local authorities do not have the resources to tackle anti-social behaviour (ASB), leaving landlords and letting agents in limbo. Propertymark argues many landlords and letting agents are “stuck in a postcode lottery” when it comes to local authority Community Safety Partnerships, which should be supporting them in dealing with ASB […]

A red house, a Covid image of cells and Rightmove

The housing market has shifted since Covid as buying trends reverse

10th April 2025

Five years after the onset of the COVID-19 pandemic, Great Britain’s property landscape has undergone a huge transformation, according to an analysis by Rightmove. It says that there has been a stark reversal of trends that saw cities and coastal regions become popular during lockdown – but now urban areas are popular again. The property […]

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Capital Letters will cease operating by the end of 2025

10th April 2025

London’s not-for-profit organisation for helping find homes to rent for homeless people, Capital Letters, has announced it will shut down by the end of 2025. Among the issues are London’s landlords selling up and those who did rent at Local Housing Allowance (LHA) rates having to increase rents beyond LHA rates to survive. The closure […]

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Paragon, YBS and MT Finance unveil new BTL mortgage offers

10th April 2025

Paragon Bank, YBS Commercial Mortgages and MT Finance have rolled out updates to their mortgage and finance offerings, providing greater borrowing capacity and reduced costs. Paragon has introduced a fresh range of buy to let mortgages at up to 80% loan-to-value (LTV), catering to those purchasing or refinancing single self-contained (SSC) properties with energy performance […]

Red arrows pointing up above many model houses and dark stormy background, for rent sign

Rental demand surges while house prices stabilise – RICS

10th April 2025

There has been a big rise in tenant demand with a strong showing of RICS’ members saying so – but there are fewer landlords offering homes. Its UK Residential Property report for March highlights that this growth is the first since October 2024. This imbalance is leading members to predict higher rents over the next […]

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Landlords are being forced out of the market warns industry body

9th April 2025

Pressure on landlords continues to force them out of the private rented sector as tenant demand continues to jump, says industry body. Propertymark’s Housing Insight report reveals demand continues to outstrip supply with the average number of applicants per member branch sitting at 10 people for each available. Propertymark members also report many landlords are […]