Page 143 – Property118
Property Redress 10th anniversary rebrand logo

Property Redress celebrates 10 years with rebrand

5th December 2024

The Property Redress Scheme, a leading independent redress provider for the UK property industry, is celebrating its 10th anniversary with a refreshed brand identity and a new website. It is now called Property Redress and since its inception in 2014, it has grown significantly to represent more than 20,000 member offices. The company has consistently […]

Happy dog and cat in a rental home highlighting pet-friendly landlord benefits

Landlords encouraged to accept pets as they cause less damage

5th December 2024

Pets cause less financial damage than tenants, according to new research. A report by the University of Huddersfield reveals that while pets can cause damage, the cost is more than 50% lower than the damage typically caused by tenants. Inventory Base is calling on landlords to take in pets after research finds only 7% of […]

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Letting agents increasing rates after NI increase?

5th December 2024

Our letting agents sent us a letter last week announcing an increase in the percentage rates they would be charging because of the National Insurance rates going up. We responded pointed out that the contract we had signed with them (some years ago, as we have a very long-term tenant) specified the percentage rates, so […]

Paul Shamplina celebrates winning Seminar Speaker of the Year 2024 with Ian Collins at awards ceremony

Paul Shamplina Wins ‘Seminar Speaker of the Year’ for a Record Fourth Time

4th December 2024

Paul Shamplina, Founder of Landlord Action and a leading voice in the UK’s property sector, has been awarded ‘Seminar Speaker of the Year’ at the National Landlord Investment Show Awards 2024. This milestone win marks the fourth time Shamplina has received the honour, having previously won in 2019, 2022, and 2023. The award, voted for by landlords attending the National Landlord […]

Lendlord logo representing property finance and landlord tools.

Leveraging Bridge Lending to Expand Your UK Property Portfolio

4th December 2024

Landlords in the UK face a range of challenges when managing tenancy agreements and ensuring the financial stability of their property investments. One financial tool that can help landlords navigate these challenges is bridge lending. Bridging loans can be an effective solution for landlords dealing with vacant periods, property improvements, or quick purchases. Let’s explore […]

Couple enjoying moving day while unpacking boxes in new home

Renters staying longer in homes despite insecurity concerns

4th December 2024

Despite the Labour government’s view that tenants face insecurity due to no-fault evictions, the English Housing survey reveals that renters are staying in their homes for longer. According to the 2023-24 English Housing Survey, private renters now spend an average of 4.6 years in their current home. This marks an increase from 4.4 years in […]

Rent increase notice with piggy bank showing financial strain

What will be the market rate for forthcoming Section 13 rent increases?

4th December 2024

Hello, When the Renters’ Rights Bill attains Royal Assent next year, and every application for Section 13 annual rent increase qualifies to be referred to the tribunal by your tenant for adjudication, what factors will judges determine a “Market Rate” to be (six months later)? Will they conduct a survey via Rightmove, use local housing […]

TML, Foundation and Landbay all reveal new BTL products

4th December 2024

The UK’s buy to let mortgage market is heating up, with several leading lenders introducing new products. First up is The Mortgage Lender (TML) which has expanded its BTL range with two new two-year fixed rate 75% LTV products and a new five-year fixed 75% LTV multi-loan product. The lender’s chief commercial officer, Steve Griffiths, […]

Property for sale and sold signs outside UK houses showing active housing market

The UK’s house prices climb for third consecutive quarter

4th December 2024

The UK’s house prices have continued their upward trajectory, marking the third consecutive quarter of growth in 2024, one property market index reveals. The research from Benham and Reeves reveals a 0.9% increase in house prices during Q3 of this year. The index, which combines data from Halifax, Nationwide, Rightmove and the UK House Price […]

Students and pets outside the Scottish Parliament with focus on the Scottish Housing Bill.

Students criticise landlord lobby over Scottish Housing Bill

4th December 2024

Student campaigners have slammed “the landlord lobby” for putting “people over profit” in the Scottish Housing Bill. The Scottish Housing Bill has passed the first stage but the National Union of Students Scotland claims MSPs “must close loopholes in the Bill which disadvantages students”. The Bill will allow renters to request permission to keep a […]

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Landlords take a long-term view after the ‘disappointing’ Budget

4th December 2024

Landlords across the UK have expressed disappointment with the recent Budget and are now taking a longer view of the private rented sector (PRS), one survey reveals. Landlords say they are disappointed with the increased stamp duty on second homes and investment properties. The research from buy to let lender Landbay reveals that 72% of […]

Landlord overseeing installation of a smoke alarm in a rental property

New smoke, heat and carbon monoxide alarm laws for NI landlords

4th December 2024

All private rental properties in Northern Ireland must now comply with stricter fire safety regulations. These new rules, implemented on December 1, aim to reduce the risk of fire-related injuries, deaths and property damage in rental properties. The law affecting all new tenancies came into effect on 1 September, but it now covers all existing […]

Illustration of houses with Landlord Sales Agency branding promoting property investment opportunities

What Serious Property Buyers Are Most Interested In Right Now

3rd December 2024

The property market is shifting, and it’s becoming clearer every day what serious buyers are really looking for: property companies and blocks of six or more properties. These investment opportunities aren’t just a trend — they’re the most efficient way for buyers to expand their portfolios while keeping costs down. For landlords considering selling, this […]

Construction inspector assessing cladding on a high-rise residential building

Government sets targets to fix unsafe cladding by 2029

3rd December 2024

The government have announced “tough targets” to fix all unsafe buildings with cladding by 2029. The government says its Remediation Acceleration Plan will “ensure rogue freeholders are held to account” and could face severe financial penalties if they fail to act. The news comes after the debate of the Grenfell Phase two report in Parliament […]

Business professional in suit representing new BTL mortgage product launches

Paragon and Fleet unveil new BTL mortgage rates

3rd December 2024

Paragon Bank has announced a range of limited-edition buy to let mortgages with attractive rates and flexible options. The new mortgages offer fixed interest rates for five years, with options to suit different financial needs. Rates start from 4.74% for single self-contained properties with an EPC rating of A-C and a loan-to-value (LTV) of up […]

Wooden houses with rising rent chart and Labour Party logo.

Government admits Renters’ Rights Bill could drive rent increases

3rd December 2024

The government finally admits the Renters’ Rights Bill could force landlords to raise rents to cover costs of additional regulation. However, the government claims, landlords with long-term tenants are less likely to raise rents. The Renters’ Rights Bill will abolish Section 21 immediately, rather than waiting for the court backlog to clear, and will also […]

Smoke alarm with smoke and a house symbol highlighting fire safety concerns.

Council faces criticism for lack of smoke alarms

3rd December 2024

Ben Beadle, CEO of the NRLA, has slammed Southwark Council for failing to manage their properties after the Regulator of Social Housing found that more than half of the properties lacked smoke alarms. The council, which owns 36,800 homes, received a C3 grading from the Regulator of Social Housing for “serious failings”. The news comes […]

Chief executive commenting on falling rent prices in England’s private rental sector

Rents continue to fall as market cools down

3rd December 2024

England’s private rented sector (PRS) saw rents continuing to soften in November, with average prices dipping nearly 3% month-on-month, Goodlord reveals. Its rental index reveals that the average monthly rent in England fell to £1,205 last month, a £33 drop from October’s £1,238. All regions saw a second consecutive month of rent falls last month. […]

Young couple unpacking boxes in new home with stamp duty deadline reminder

Stamp duty changes drive increased demand from first-time buyers

3rd December 2024

First-time buyers are racing to beat upcoming stamp duty changes, according to Rightmove. The property portal says buyers in higher-priced areas of England, such as London, are set to be most affected by the changes. The Budget confirmed that, from April next year, stamp duty thresholds in England will be lowered. For first-time buyers, the […]

Business professional in formal suit at modern office building

House prices rebound as annual growth hits 3.7%

3rd December 2024

UK house prices saw a surprising rebound in November, with annual growth accelerating to 3.7%, Nationwide reports. This marks the fastest pace of annual growth in two years, surpassing the previous month’s 2.4%. Month-on-month, prices increased by 1.2%, the largest monthly gain since March 2022. The average house price is now £268,144 – just 1% […]