Councils could have stronger powers to carry out surprise enforcement inspections under the Renters’ Rights Bill. Amendments to the Renters’ Rights Bill, passed by members of the House of Lords, could allow local authorities to enter private rented properties without giving landlords advance notice. Previously, councils were required to give tenants and landlords 24 hours’ […]

Choosing the right landlord insurance can be overwhelming, depending on the type of cover you want. Landlords may assume landlord insurance covers every scenario, but that’s not often the case. Here at Property118, we’ve teamed up with The Home Insurer, which helps provide a top-class service to ensure you get the right policy and could […]

Paul Shamplina’s iconic charity boxing event, Rumble with the Agents, is heading to the North East for the very first time as part of its 10-year anniversary celebration – Paul is rallying property professionals to get involved and help them reach their £200,000 fundraising target. Following a sold-out night in London this past June, Rumble with the […]

Accord Mortgages and The Mortgage Works have announced reductions in their buy to let mortgage rates. Intermediary-only lender Accord, is lowering rates by 0.10% across its BTL range, affecting two- and five-year fixed products at 60%, 65% and 75% loan-to-value (LTV). Key offerings include a five-year fixed rate at 4.12% for house purchases up to […]

Landlord organisation iHowz expresses disappointment over the Chancellor “side-stepping” the private rented sector in Mansion House speech. Chancellor Rachel Reeves failed to mention the private rented sector once in her speech at Mansion House in London as she announced mortgage reforms to help first-time buyers. Industry experts warn the reforms do not go far enough […]

Private rents across the UK have continued their upward trajectory, with the Office for National Statistics (ONS) reporting a 6.7% rise in average monthly prices, but the rate of increase is slowing down. It says they hit £1,344, in the 12 months to June, which is a slight easing from the 7% increase recorded in […]

London’s rental sector experienced a strong uplift in June, driven by a big rise in the number of available properties and growing tenant interest, data reveals. The market analysis from Foxtons shows that the capital’s PRS is in robust form with an 18% rise in new listings compared to May, reaching nearly 45,000 properties, the […]

MPs raise doubts over whether social housing landlords will be ready for Awaab’s Law by October, as Housing Minister admits the Decent Homes Standard could take up to a decade to implement for the private rented sector. Tulip Siddiq, MP for Hampstead and Highgate, raised concerns over how social housing landlords will implement regulations in […]

Tenants across England and Wales are remaining in their rented homes for much longer, with the average tenancy now lasting 1,085 days, equivalent to nearly three years. That’s according to new figures from The Deposit Protection Service (The DPS), which has found that renters are staying in their homes 19.75% longer than the 906-day average […]

Over the last 6 months, the top UK landlords have been quietly exiting the sector. Likened to the “whales” of the crypto industry, they’ve been tapping out one by one, cashing in large cheques for their portfolios, mostly under the radar. In the last two months, we’ve had 3 of them approach us at Landlord […]

The Renters’ Rights Bill has passed its report stage in the House of Lords and will now move to third reading in the Lords. The third reading provides a final opportunity for debate before the bill proceeds to enter the ‘ping pong stage’, where amendments still require approval from the House of Commons before they […]

Angela Rayner is not living in the real world. I have several North East properties and am considered a very good landlady by my tenants. I have had some tenants who never paid and were dealing in drugs, so I eventually had to ask for them to be evicted, which they were. I have a […]

The Renters’ Rights Bill introduces big changes to how landlords must handle tenant requests to keep pets. While many landlords will worry about the implications, understanding the new rules can help manage these requests confidently. Here, Allison Thompson, the national lettings managing director at LRG offers advice for landlords to navigate the pet-related provisions of […]

A council has introduced an initiative called ‘Call Before You Serve’ to support landlords and keep tenants in their homes. It’s a similar initiative to that unveiled recently by Wolverhampton and its ‘Call us First’ to provide accessible guidance for landlords and agents to prevent homelessness. Now the scheme from Milton Keynes city council will […]

A study has unveiled critical insights into the preferences and experiences of tenants in the UK’s house in multiple occupation (HMO) and shared living sector. The research was carried out by Coho, an HMO management platform to offer a detailed look at what drives tenant satisfaction. The report highlights that 66% of tenants value knowing […]

A decision last March by the Bank of England to relax its stress testing guidelines for mortgage affordability assessments has boosted the buy to let market, research reveals. According to mortgage advisor, Alexander Hall, the regulatory changes have expanded borrowing options and improved affordability for landlords. Previously, landlords seeking fixed-rate mortgages with terms under five […]

A ground-breaking interactive map launched by reallymoving could transform the way first-time buyers search for affordable homes – and help landlords find bargains, too. By allowing users to input their budget and preferred number of bedrooms, the tool generates a colour-coded heatmap that highlights areas with the greatest availability of properties within their financial reach. […]

Propertymark has warned members of the House of Lords to avoid supporting selective licensing schemes, ahead of the final day of the Renters’ Rights Bill report stage today. Lord Peers will debate a series of key amendments today (Tuesday July 15), including proposals to give local authorities greater powers to impose financial penalties on landlords […]

The Welsh government have announced new rules for landlords to tackle fire safety. The Senedd have unveiled the Building Safety Wales Bill, which could become law in 2027. The bill focuses on improving safety in buildings 11 metres and above, as well as certain HMOs. As the bill progresses through the Senedd, further details on […]

Thousands of empty homes could become Houses of Multiple Occupation (HMOs) according to new research. Property management platform COHO, claim the way to solve the housing crisis is to return empty homes to the market as HMOs. Currently, HMOs represent an estimated 1.8% of all housing stock in England. If this same proportion were applied […]

Paragon Bank has lowered interest rates on its two-year fixed-rate buy to let mortgages at 75% loan-to-value (LTV), with new rates beginning at 4.24%. This reduction of 11 basis points applies to products for purchasing or remortgaging single self-contained (SSC) properties. It adds that rates vary by Energy Performance Certificate (EPC) ratings. Properties rated A […]