Page 124 – Property118
Modern apartment block with energy efficiency rating chart and sign urging landlords to know EPC rules

HMO landlords brace for chaos as EPC rules could tighten

17th February 2025

Changes to the EPC system could cause chaos for HMO landlords and short-term lets. Proposals in the EPC consultation suggest that HMO landlords may be required to have a valid EPC for the entire property, even when only a single room is rented out. Currently, an EPC is only required for an HMO when the […]

Lawyer reviewing legal documents with question mark and justice scales in background

Deed of variation – Simple enforceable document in law?

17th February 2025

Hello, What is the legal position when a new lessee takes over a property 5 years after a permanent boundary change is in place and was agreed in writing but one party (the lessee) subsequently dies before registering the deed of variation with Land Registry? Still ongoing for 5 years! My wife and I purchased […]

Rising house prices with stamp duty deadline approaching

House prices rise as stamp duty deadline approaches

17th February 2025

The average asking price for properties entering the market has risen by 0.5% this month, reaching £367,994, according to Rightmove.  This rise, equivalent to £1,805, is less pronounced than the rapid growth seen earlier in the year and falls below the long-term average February increase. This moderation reflects sellers’ awareness of heightened competition and the […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

The looming cataclysmic EPC event for the private rented sector

14th February 2025

It’s been a hectic week for landlords with lots of EPC news – a consultation to bring in EPCs for new tenancies by 2028, all tenancies to have a new EPC by 2030 – all the while there’s a consultation about what EPC assessors will actually measure. You can’t make this up – and the […]

Falling interest rates for buy-to-let mortgages and property loans

BTL rate cuts made by more lenders

14th February 2025

It’s been a busy week for the nation’s buy to let lenders after the Bank of England base rate cut. More specialist lenders are stepping up to offer borrowers better deals, with significant rate reductions across buy to let and commercial mortgages. CHL Mortgages for Intermediaries has dropped rates by up to 17bps on its […]

Wooden houses in a hand with rising percentage signs symbolising landlord property ownership growth.

Landlord company ownership doubles in five years

14th February 2025

Property ownership by landlords within limited companies has surged, more than doubling in the past five years, research reveals. According to Foundation Home Loans’ Q4 landlord research, new property acquisitions are now almost exclusively conducted through these structures. In early 2020, 36% of properties were held this way, rising to 74% by late 2024. The […]

Digital product transfer concept with laptops, files, and percentage symbol representing Landbay’s new BTL service

Landbay unveils streamlined BTL product transfers

14th February 2025

Landbay has introduced a new product transfer service for buy to let mortgages, offering brokers and landlords increased efficiency and choice. The platform allows brokers to initiate a rate switch for clients up to three months before their current term expires, using a fully digital and automated system. The service aims to deliver savings by […]

Red house with rising rent graph and "For Rent" sign representing rental market growth

Rent boom predicted for the ‘Silicon Valley of Europe’

14th February 2025

The government’s plan to establish a ‘Silicon Valley of Europe’ along the Oxford-Cambridge Arc could cause local rent prices to rocket by as much as 23% within the next year, one firm predicts. Chancellor of the Exchequer, Rachel Reeves, recently outlined proposals to revitalise the region, coupled with ongoing development of the proposed East West […]

Man holding eviction notice marked invalid with question mark symbol

Incorrect Solicitors Advice on How to Rent Guide and Prescribed Information?

14th February 2025

Hello, I’m seeking advice from my fellow landlords, PRS and s21 notice experts on a disagreement with my solicitors regarding the validity of my s21 notice to my tenants. Barely a week to the expiry of the s21 notice (from all indications tenants do not plan to move out by the date of expiry, so […]

Damaged bathroom with debris and missing fixtures under renovation dispute

Tenant removing my bathroom to sell?

14th February 2025

Hello, I am going through a S21 and the tenant claims they will not leave until evicted. I have just been shown several social media posts where they are living elsewhere. Furthermore, they have listed the bathroom in my house for sale. In the post, they confirm they are no longer living there and have […]

EPC energy efficiency rating with UK government consultation icons on sustainability and renewable energy

EPC system will be overhauled to include new metrics to measure energy efficiency

14th February 2025

The way EPCs are measured could change to multiple different metrics rather than the current single metric, which the government claims is “insufficient”. Under the current rules, EPCs are measured based on the amount of energy a property uses per square metre (e.g., for heating, lighting, etc.) and how much energy it loses (e.g., through […]

Worried tenant behind window facing eviction notice taped to door

Incentivise the tenant to vacate before the Section 21 expires?

14th February 2025

The tenant has rented the two-bedroom mid terrace house since 2009 and is now five months in rent arrears. A Section 21 has been served with all the correct documents checked by a legal firm. The Section 21 expires on 25th March. It took numerous visits, emails and telephone calls to arrange for the expired […]

Landlord holding model house with energy efficiency rating and GOV.UK renewal reminder

Landlords could be forced to renew EPCs more often

13th February 2025

Proposals in a government consultation could force landlords to update their EPCs every time a tenant renews their tenancy agreement, even if it’s with the same tenant. Under current rules, EPCs are valid for ten years, and when they expire, a new one isn’t needed unless you’re entering a new tenancy with new tenants or […]

Home energy efficiency rating chart showing EPC scale from A to G

Landlords face a £21.6 billion bill for EPC upgrades

13th February 2025

Landlords in England and Wales’ private rented sector are looking at forking out £21.6 billion to meet new energy performance certificate (EPC) standards, research reveals. The government has announced a consultation on how EPCs are calculated and another one which would see all new tenancies needing an EPC certificate from 2028. All tenancies, under the […]

Mortgage rates reduced with lenders cutting buy to let deals

Three more BTL mortgage lenders lower rates

13th February 2025

Three more buy to let lenders have joined the race this week to lower BTL mortgage rates after the Bank of England lowered its Base Rate. Paragon and Fleet have already cut their BTL mortgage rates and now Accord Mortgages has unveiled its second cut within a week. It is lowering rates on its BTL […]

Rising house prices with stamp duty changes ahead

House prices rising slowly but stamp duty cuts loom

13th February 2025

Despite a slow start to the year, property prices are expected to surge, with first-time buyers driving the market when stamp duty changes come into effect in April. According to e.surv house price index, house prices grew by just 0.1% in January 2025. However, despite the slow growth, this marks the first time in four […]

Rental property sign outside a house highlighting UK housing supply shortage and rent rise concerns

PRS supply shortage fuels rent rise predictions – as house prices grow

13th February 2025

Demand for rental property is ‘flat’ and the number of landlords offering properties is still in decline, RICS reveals. Its latest residential survey says that the shrinking supply, coupled with flat demand is exacerbating the imbalance between available homes and prospective tenants. The report states: “Unsurprisingly, a net balance of 23% believe that rents will […]

Modern apartment block highlighting rising service charges for leaseholders

Service charges soar to hit record high

13th February 2025

Flat owners in England and Wales face escalating costs as annual service charges surge to £2,300 – leaping by 11% last year, Hamptons reveals. This increase dwarfs the 2.5% rise in the Consumer Price Index (CPI), placing financial strain on leaseholders, the agency says. For the first time, average charges exceed £2,000 in every English […]

Gardener pruning fruit tree branch with secateurs and gloves

Licence to Occupy for Landscaper Handyman?

13th February 2025

I have a property that has become vacant. I also have a guy/acquaintance who is a Landscaper and Handyman I’ve known on and off for 30 years who is down on his luck having split from his wife. He’s always been honest and reliable and has done good work for me in the past, albeit […]

Angela Rayner announces Labour’s plan to cut benefit payments to criminal landlords

Criminal landlords will lose benefit payments under Labour plan

13th February 2025

England’s criminal landlords will face restrictions on benefit payments they receive for running substandard properties in supported housing, the government has announced. The plan was revealed alongside news of a £300m allocation for new affordable housing. The Ministry of Housing, Communities and Local Government funding will deliver 2,800 additional affordable homes within the next year. […]