Page 121 – Property118
Chair of Eastern Landlords’ Association calling for stronger landlord representation.

Landlord group calls for a new national representative organisation

27th February 2025

A leading regional landlords’ association says it is time for a national proactive organisation that effectively represents landlords. The call is being made by Paul Cunningham, chair of the Eastern Landlords’ Association, which represents landlords in East Anglia. He fears that the government’s Renters’ Rights Bill could worsen homelessness and drive more landlords out of […]

Woman carrying heavy tax burden up a ladder towards Scottish flag, symbolising landlord challenges

Propertymark slams Scotland’s BTL tax hike

27th February 2025

Members of the Scottish Parliament (MSPs) have agreed the Scottish government’s £63 billion Budget for 2025-26. The minority SNP-led administration secured backing from the Greens, Liberal Democrats and Alba, while Labour MSPs abstained during the final stage three vote. The Conservatives opposed the financial blueprint, branding it as imposing the “heaviest tax burden in the […]

Frustrated tenants with buckets catching water from ceiling leak

How to get block managers to fix a water leak fast?

27th February 2025

Hi, I let a 2-bed top floor flat which now has serious water leaks into the flat from the roof. The tenants (including a child) are living with water ingress and mouldy damp patches so it’s a very serious situation. My letting agents have been trying for over 3 weeks to get an inspection by […]

Group of older adults socialising and playing cards together, symbolising the rise of older tenants in UK flatsharing

Older tenants lead flatsharing surge as the PRS evolves

27th February 2025

The landscape of flatsharing is undergoing a dramatic shift, with older generations leading the charge, research reveals. Data from SpareRoom reveal that the number of over-65s hunting for rooms in shared houses or seeking housemates has surged by an astonishing 970% over the past 10 years. Meanwhile, the over-55s have seen their numbers swell by […]

Universal Credit landlord payment deductions under review with stop symbol

Government to overhaul landlord benefit deduction scheme

26th February 2025

The government is to scrutinise a controversial mechanism allowing landlords to request rent directly from tenants’ benefits. It follows a story on Property118 and recently in national media about Nathan Roberts successfully challenging deductions from his benefits. They had been automatically redirected to his landlord for arrears and ongoing rent, despite a dispute over property […]

Young child looking out a mouldy window, highlighting dangers of damp housing

Social landlord neglect exposes children to damp and mould – Ombudsman

26th February 2025

Children are suffering due to social landlord shortcomings in tackling damp and mould, a report from the Housing Ombudsman reveals. The ‘Learning from Severe Maladministration’ document focuses on inspection failures and sloppy information handling. It is highlighting issues that leave families vulnerable ahead of Awaab’s Law enforcement in the social housing sector later this year. […]

Man standing in front of a homeless person sitting on a rainy city street at night

The government and councils moving the goalposts cause homelessness

26th February 2025

News that BMW is to delay building the new electric Mini in Oxford over ‘uncertainty’ should not come as a surprise. I see nothing here different to what the government, the Labour Party, the Conservative Party and Nottingham City Council and other councils are doing to landlords. BMW Mini says “given the multiple uncertainties facing […]

Close-up of a dial being turned to increase rental yield to high levels

Rental yields reach 13-year peak – Paragon

26th February 2025

Private landlords are seeing yields climb to their highest in more than a decade at 6.93%, Paragon Bank reveals. The lender says that the returns recorded in the final quarter of 2024 are the highest yields since March 2011 when it peaked at 7.12%. Paragon’s analysis of its mortgage offers statistics for both purchases and […]

Man looks at an empty piggy bank symbolising rising landlord void costs.

Landlords face surging void costs

26th February 2025

Landlords are facing a steep rise in void costs as the gaps of no rent being paid grow longer and costlier across England. The findings from lettings and estate agency Benham and Reeves reveal a 19% rise in lost rental income when the property is unoccupied. However, landlords in some areas are witnessing a staggering […]

Selective licensing expands across thousands of PRS properties

26th February 2025

Manchester City Council and Gateshead Council have introduced expanded selective licensing schemes targeting thousands of privately rented homes across their regions. The councils say the initiatives aim to ensure safer, better-managed properties while tackling issues like antisocial behaviour and substandard housing. In Manchester, an additional 1,863 flats and houses across six wards – Cheetham, Crumpsall, […]

Business person pointing at a glowing question mark, symbolising uncertainty about leaseholder rights

Have we lost our right to buy the freehold?

26th February 2025

I am a leaseholder in a block of four flats but am selling as I no longer want to be a landlord. The managing agent for the freeholder is awful but the good news is (though a bit late for me) that they want to sell the Freehold. It was offered for the four of […]

Magnifying glass over house icon with percentage sign, symbolising record BTL mortgage options

BTL mortgage options surge to record levels

25th February 2025

The number of buy to let mortgage products available to the UK’s landlords has climbed to an all-time high, Moneyfactscompare.co.uk reveals. It also says that the average two-year fixed rate has dipped over the past six months. The analysis highlights a booming market, with 3,560 deals now on offer — comprising both fixed and variable […]

House under blue umbrella with red “Invalid” stamp showing voided landlord insurance

Landlords face insurance pitfalls as tenant actions could invalidate policies

25th February 2025

Landlords are being warned that their insurance policies could become worthless due to oversights and tenant actions. Specialists from Quotezone.co.uk have pinpointed five frequent blunders that might render landlord insurance null and void, leaving landlords exposed. The insurance platform says that landlords are facing growing issues over profitability which means protecting their assets has never […]

Warning sign with scissors cutting percentage symbol and the word inflation with coins, 2025 Landbay

Mortgage brokers predict just two more interest rate cuts in 2025

25th February 2025

Mortgage advisers have signalled a cautious outlook, anticipating only two more reductions to the base rate in 2025, research reveals. According to Landbay’s research, this shift in expectations emerged shortly after the Office for National Statistics (ONS) revealed a steep climb in inflation to 3% in January. That’s up from 2.5% in the month before […]

Model house with stacked coins and arrows showing property value changes

House prices slide as landlords sell up

25th February 2025

Property values are sliding as landlords sell up low yielding properties in London and the southern counties, one index reveals. According to Home.co.uk’s February asking price index, former rented homes are now flooding the market. That is leading to sellers in Greater London and southern England to cut prices to stand out amid a glut […]

GOV.UK crown logo representing UK government consultation on EPC reforms

Supported Accommodation – Have your say?

25th February 2025

The Government has launched an open consultation (Click Here) seeking views on the implementation of measures in the Supported Housing (Regulatory Oversight) Act 2023. It focuses on the details of a licensing regime and National Supported Housing Standards and includes content on Housing Benefit. What is Supported Housing?Supported housing is accommodation designed to help people […]

Stamp duty deadline concept with clock, coins and sign on blue background.

Call to extend the stamp duty deadline

25th February 2025

Around 25,000 first-time buyers across England are on course to miss the critical stamp duty deadline of 31 March because their property completions will be in April. That delay will trigger an extra £34 million in tax, Rightmove says, and it wants the government to temporarily extend the deadline. Its analysis shows that nearly 74,000 […]

Person researching mortgage options on a laptop while taking notes

BTL lenders lower rates and boost landlord options

24th February 2025

There has been more activity in the UK’s buy to let lending sector as MT Finance, InterBay and Pluto Finance join the throng of lenders lowering rates. MT Finance has trimmed its BTL mortgage rates by as much as 0.50% across its full suite of products. This includes its newly introduced Tier 2 range, with […]

House outline with EPC rating chart and 2030 energy efficiency target.

Most homes reached EPC C or higher in 2024

24th February 2025

Six out of 10 homes across England and Wales now have an Energy Performance Certificate (EPC) rating of C or above, research reveals. According to epIMS, a platform for landlords to boost energy efficiency, this demonstrates that over the last four years, C has emerged as the predominant EPC rating. And that points to a […]

Portrait of a business leader in suit and tie

Scotland’s tax reliefs and rent control end could boost PRS investment

24th February 2025

Scotland’s tax incentives and the imminent removal of rent caps could trigger a big boost in private rented sector (PRS) funding, one property expert says. David Alexander is the chief executive of the agency DJ Alexander, and he says the decision to scrap rent restrictions next month might unleash a wave of pent-up investor enthusiasm. […]