Page 142 – Property118
Rent control debate in Scotland with expert commentary on housing crisis

Rent controls fuel Scotland’s housing crisis

9th December 2024

The latest official private sector rent statistics have revealed that rent controls introduced in Scotland in 2022 have not eased the housing crisis – but made it worse. That’s according to David Alexander, the chief of DJ Alexander, a leading lettings and estate agency. He argues that the policies outlined in the Housing (Scotland) Bill […]

Zoopla reveals 2024’s property trends

9th December 2024

A Disney-themed house in Wales has taken the crown as the most viewed property on Zoopla in 2024, while Scottish regions dominate the fastest-selling markets list. Zoopla’s annual review of user trends and buyer behaviour also reveals that this year saw a dynamic market with strong buyer interest. There was also a shift towards specific […]

Man in white shirt speaking at meeting with laptop and water bottles on table

Landlords urged to foster tenant relationships to attract and retain renters

9th December 2024

Even though 74% of tenants are keen to own their own home, a new report highlights what landlords can do to attract and retain tenants. The Bricks to Belonging report by the OSB Group reveals that tenants are increasingly prioritising strong relationships with their landlords as they must rent for longer. In addition, tenants want […]

Two people signing a rental agreement with house keys and a model home on the table.

New tenant changed their mind?

9th December 2024

I had a tenant about to move in and then changed their mind which I agreed to if they found a replacement. They have already paid a month’s rent and the deposit. They told me they are not happy with an aspect of the flat. What is the best way to proceed with this and […]

Bradford named least accessible rental market

Revealed: The UK city with the most challenging rental market

9th December 2024

Bradford has been named the nation’s least accessible rental market in a new report. According to tenant app Tlyfe, only 1.2% of rental properties in Bradford are currently listed to rent, with just 500 out of 42,700 private rental dwellings in the West Yorkshire city available. The Tlyfe report analysed current rental listings and compared […]

Landlords, Fed Up with the Labour Government? Sell your Portfolio NOW

7th December 2024

The never-ending onslaught of landlords, including the abolition of Section 21, tough EPC rules, and changes to stamp duty, have left landlords fed up and thinking of throwing in the towel. The Labour government is the final nail in the coffin for many landlords who are overwhelmed with all the rules and regulations and want […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

English Private Landlord Survey: Why we are crucial to the housing market

6th December 2024

With not a lot to do I read the publication of the English Private Landlord Survey and found it was an eye-opening and sobering experience. In recent years, landlords have often been at the receiving end of criticism, with stereotypes painting us as profit-driven and neglectful. However, the survey provides a more nuanced picture, shedding […]

Landlord stressed over property costs and EPC ratings while money flows from laptop.

Landlords will need a new EPC for EVERY new tenancy

6th December 2024

Private landlords in England and Wales will need to obtain Energy Performance Certificates (EPCs) every time they rent to a new tenant, the government proposes. And landlords of HMOs will need a new EPC every time they rent out a ROOM to a new tenant. The consultation published by the government has a deadline of […]

Model house with pound symbol balloon symbolizing rising UK property prices

Demand pushes house prices to a record high

6th December 2024

House prices in the UK have climbed to a new record high, with the average property now costing £298,083, Halifax reveals. This marks a 1.3% increase from October and a 4.8% annual rise. Northern Ireland continues to lead the way with the strongest annual growth with prices going up 6.8%. Wales and the North West […]

BTL mortgage lenders announce rate cuts

6th December 2024

Several leading mortgage providers have introduced rate cuts across their buy to let mortgage products. Accord Mortgages has made reductions of up to 0.45% on certain three-year products for landlords, while two-year fixed rates have been lowered by up to 0.35%. Five-year fixed rates are also seeing a reduction of up to 0.20%. The new […]

Woman in red dress smiling while seated in an office chair.

Stamp duty hike looms large as buyers secure bigger discounts

6th December 2024

The looming stamp duty increase in April 2025 is prompting buyers to secure bigger discounts on property purchases, Hamptons reveals. As the deadline approaches, the market is seeing a surge in negotiated deals, particularly for homes priced below £1 million. Hamptons’ data reveals that the average buyer who had an offer accepted in November 2024 […]

Business leader highlighting landlord survey on broker expertise in tax and regulation

Landlords prioritise tax and regulatory expertise in broker choice

6th December 2024

Buy to let landlords are increasingly seeking mortgage brokers with expertise in tax and regulatory matters, a survey reveals. The findings from Butterfield Mortgages found that 38% of landlords did so – highlighting worries over the Labour Budget’s impact on the PRS. Those wants are followed by access to a wide range of flexible financial […]

Andy Hulme of Hyde Housing Association responding to Housing Ombudsman report

Housing association slammed by the Housing Ombudsman

6th December 2024

The Housing Ombudsman has published a scathing report criticising Hyde Housing Association for repeated failings in repairs, complaint handling and service charge enquiries. The investigation, prompted by a high rate of maladministration, uncovered a pattern of unreasonable delays, poor communication and inadequate redress. The report highlights several specific cases where residents suffered due to the […]

London skyline with modern office buildings and residential conversions along the Thames

Surge in commercial to residential conversions across England

6th December 2024

There has been a big increase in the conversion of commercial properties into residential units across England, research reveals. The findings from Direct Line landlord insurance reveal a 63% surge in change of use applications between 2021 and 2023. The rising trend is driven by factors such as the shift to remote work and the […]

Stressed landlord reviewing bills and finances with calculator on desk

Landlords face rising costs and challenges – English Private Landlord Survey

6th December 2024

A survey of England’s private landlords has unveiled a complex landscape marked by increasing costs and shifting landlord strategies. The English Private Landlord Survey found that nearly half of all landlords owned a single rental property, accounting for 21% of tenancies. However, a significant portion of the market was dominated by larger landlords, with 17% […]

Aerial view of suburban housing estate with Scottish flag showing 28,000 empty homes crisis.

SNP under fire for failing to tackle housing crisis as thousands of homes sit empty

6th December 2024

The Scottish Liberal Democrats have accused the SNP of a “massive failure” to tackle the housing crisis. A Freedom of Information request by the party revealed that more than 28,000 homes are sitting empty while homelessness in Scotland reaches record levels. The news comes after the Scottish government declared a housing emergency along with12 other […]

Webinar on inheritance tax changes for pensions hosted by WealthBuilders

Protecting Your Legacy: How to Navigate the New Inheritance Tax Rules on Pensions

5th December 2024

The Autumn Budget has introduced a major shake-up in inheritance tax (IHT) rules for pensions. These changes could significantly impact how you plan to pass on your wealth.  The question is: are you prepared to protect your family’s financial security?  WealthBuilders are hosting an exclusive live webinar on Tuesday 10th December, where I, the Founder […]

Stacked coins with model houses and Scottish flag illustrating budget impact on housing and landlords

Scottish Budget boosts housing investment but hikes tax on landlords

5th December 2024

In a blow to Scotland’s landlords, the Scottish Budget has raised the Additional Dwelling Supplement (ADS) from 6% to 8%. The ADS, introduced in April 2016, applies to transactions involving the purchase of an additional residential dwelling over £40,000, including buy-to-let investments and second homes. The Scottish government also made a U-turn by increasing funding […]

Rent increase notice with calculator on top of tenancy letter

Rent increase for tenant in situ?

5th December 2024

Hi, I’m about to complete on a property that comes with a tenant-in-situ who has a periodic tenancy with the existing owner. His current rent is significantly under market rate and as part of my offer on the property, the current tenant agreed for the rent to be immediately increased to market rate. Am I […]

Person calculating housing expenses with receipts, calculator, and financial documents.

How do I increase my rent from a housing association?

5th December 2024

Hello, I have a house in NW London let to a well known housing association since 2020. It is now very underlet relative to private market rents which is particularly painful as my mortgage cost has tripled since the lease commenced. The initial contract was for a term of 3 years which expired in November […]