In August 2001, I bought a flat advertised as a 2 bedroom flat, so now 24 years later the new Freeholder who acquired the Freehold title in 2003 claims that the conversion was illegal and his consent was not taken. I explained to him that I bought the flat in cash without needing a mortgage […]

Starting his property journey in a bedroom to building a thriving property business, Abrar Shah’s journey into property investment has been nothing short of extraordinary. His journey has now seen Buy Investment Properties LTD win Property Trader of the Year at the Property Investors Awards. It hasn’t always been plain sailing for Abrar and his […]

The story about Nottingham’s council social houses being a ‘house of horrors’, shows yet again Nottingham City Council’s failure with poor quality housing. One of the residents, Janette, who has lived on Wyton Close for around 20 years, is resigned to not getting any repairs done. After recently dealing with a dripping tap issue, she […]

Scottish residential lettings site, Citylets, says the nation’s private landlords are facing a range of challenges this year. It points to political developments and a market returning to pre-COVID seasonal trends. However, the Housing (Scotland) Bill, which successfully cleared its initial Parliamentary hurdle, could see a move to cap rent rises between tenancies. That would […]

CHL Mortgages has expanded its limited edition buy to let range, introducing new higher fee options on its two-year and five-year fixed-rate products at 75% LTV. This move aims to increase access to higher LTV mortgages for landlords. The CHL’s core product range has also seen rate reductions of up to 30bps, with two-year fixed […]

There has been a big increase in demand for commercial property investment compared to the same period last year, coinciding with recent interest rate reductions by the Bank of England, Rightmove says. The platform points out that the surge reflects a continued recovery in the investment sector as opportunities become more affordable and appealing. Its […]

A Parliamentary report has underlined the critical connection between inadequate Local Housing Allowance (LHA) rates and the mounting risk of evictions. The House of Commons Public Accounts Committee used crucial data from Reapit, a leading property technology provider. Reapit’s analysis found that nearly 70% of property professionals had issued Section 21 eviction notices due to […]

A debt charity is warning that tenants are facing ongoing financial difficulties, despite new data pointing to the slowest increase in private rents since 2021. Stepchange says that Rightmove’s rental tracker offers little relief in rent inflation as rents are 4.7% higher than they were a year ago. Research carried out by StepChange reveals that […]

An awkward tenant, has thankfully, decided to move on and handed written notice, which expired a few days ago in accordance with the tenancy agreement (NRLA). They said that they were moving out and left ahead of their notice expiring saying they would return to collect their belongings including some furniture. They still owe for […]

The winter months often bring bad weather, and storms can cause huge damage to a property, leading to expensive repairs. According to the National Residential Landlords Association (NRLA), the average landlord insurance claim for storm damage is £3,636, but some claims are higher. For example, in 2023, roof damage caused by torrential rain saw a […]

The potential ‘unintended consequences’ on the private rented sector of the Renters’ Rights Bill was at the forefront of a recent gathering of property industry leaders. Hosted by lettings platform Goodlord, the event brought together key figures including NRLA’s chief executive Ben Beadle, Propertymark’s Nathan Emerson, and British Property Federation director of policy. Ian Fletcher. […]

A new campaign urges landlords and owners of Radio Teleswitch (RTS) electricity meters to accept meter upgrades from their energy suppliers urgently. The campaign, launched by a taskforce including Ofgem and Energy UK, aims to increase the rate of RTS meter upgrades before the radio signal is switched off on June 30 2025. RTS meters, […]

The High Court has declared the Department for Work and Pensions’ (DWP) method of deducting rent payments from Universal Credit recipients unlawful. In the case of Roberts v The Secretary of State for Work and Pensions, the court ruled that the DWP’s failure to consult individuals before authorising deductions from their benefits is unfair. Following […]

Paragon Bank has launched a new buy to let mortgage platform designed to streamline the application process for brokers. Developed in collaboration with intermediaries over two years, the platform utilises AI and seamless data integration to deliver faster, more certain and transparent outcomes. The key features include: Certainty: An intelligent system tailors application requirements to […]

The average advertised rent of properties coming to market outside of London has fallen this quarter for the first time since pre-pandemic 2019, Rightmove says. The average advertised rent of a home outside of the capital is now £1,341, dropping by 0.2% compared with last quarter. While this equates to a drop of just £3 […]

Hi, I wonder if anyone from the Property118 community can help. I have served a Section 21 on a tenant and had all the documents checked by a legal firm and all is fine. However, the current Gas Certificate (CP12) has now expired and the tenant will not let the engineer in, to service the […]

There has been a rise in landlord optimism, despite the introduction of higher Capital Gains Tax (CGT) and the potential impact of the Renters’ Rights Bill. The latest Landlord Trends report from Pegasus Insight for the last quarter of 2024 shows that landlord confidence has increased year-on-year. The research shows that 37% of landlords express […]

Hello, I’m part of a block of leasehold flats with 51 units. Some flats are owned outright by residents, while others are rented either directly through family or via agents. At a recent Budget meeting, a tenant (renter) voiced an opinion and was rudely and belittlingly criticised by a leaseholder. I have a few questions: […]

It’s time to demand a landlord equality bill, where landlords are not discriminated against, with our character assassinated by a government that is making things worse for tenants. Discrimination takes many forms but financial discrimination is S24 where landlords are treated more harshly than any other business. The ridiculous claim that tenants are not responsible […]

The recent Upper Tribunal ruling in HMRC v Sonder Europe Ltd has sent shockwaves through the serviced accommodation sector. By disqualifying Sonder from using the Tour Operators’ Margin Scheme (TOMS), the decision imposes a heavy VAT burden on their operations and those of similar businesses. While this ruling creates immediate financial and operational challenges, many […]

Average house prices in Scotland rose by £11,613 over the past 12 months, reaching £195,036 in November 2024, data reveals. This represents a 6.3% annual increase, outpacing the 3.8% rise seen in England and Wales during the same period. The analysis by DJ Alexander Ltd, a lettings and estate agency, also highlights big regional variations. […]