Hello, I made a bid on a property in an auction without doing due diligence but the bidding did not meet the reserve price. The auctioneer then contacted me to ask if I wanted to make a post auction on the property. During the email conversation, I stated that my maximum offer would be £41,000 […]

The Royal Institution of Chartered Surveyors (RICS) has painted a bleak picture of the UK’s private rented sector (PRS), with a widening gap between supply and demand. The latest UK residential market survey revealed a net balance of +19% of respondents reported increasing tenant demand over the past three months. However, landlord instructions, a measure […]

The government’s recent decision to increase stamp duty on second homes has been slammed for not addressing the UK’s housing crisis. SpareRoom, a room rental site, argues that the policy fails to address why there is a shortage of rental properties. It says the government is making a mistake by conflating all non-primary residences under […]

A third of renters are struggling to secure properties due to a lack of preparedness – despite fierce competition in the rental market, research reveals. A study by tlyfe, a tenant app launched by OpenBrix, revealed that while many renters are knowledgeable about location and budget, they often lack essential elements to be considered ‘rent […]

Tenant group Acorn claims that rent caps are the solution to curb rising rents. The group also believes “landlords have no guidance on what rent should be”, despite many landlords using the market rate in an area as guidance for setting rent. Mick Roberts, one of Nottingham’s largest landlords housing benefit tenants, slammed Acorn’s call […]

Hi, the day before the eviction my (ex) tenant told me they need additional time to collect their items as they are still looking for storage and transportation. My ex tenant has been made aware that once they are evicted they will not be allowed back into the property personally. Some items are packed in […]

The English and Welsh housing market has shown signs of life in October, with average house prices edging up by 0.2% to £354,800 – the first monthly increase in six months. That reverses the downward trend seen in September, the latest e.surv housing index reveals. However, the recovery remains uneven across the country. Southern England […]

Dear All, I am reaching out to inquire if anyone is aware of insurance companies in the UK that offer an excess protection policy specifically for Escape of Water (EOW) claims under a building’s insurance policy for a block of leasehold flats. This may have to be a separate policy to the building insurance one. I […]

Landlords could face secret inspections of their rental properties under Labour’s Renters’ Rights Bill after being urged to do so by the Chartered Institute of Environmental Health (CIEH). The CIEH wants MPs to scrap the 24-hour notice period that councils must currently give to landlords before entering a rented property. It believes this requirement is […]

A council that launched its selective licensing scheme for private rented sector homes in March claims to have inspected 500 properties since – and found 2,000 issues. It says it is now big strides in improving PRS housing standards. Peterborough City Council says that despite initial landlord reservations, more than 7,000 licence applications have been […]

Buy to Let by Foundation, the BTL brand of specialist lender Foundation Home Loans, has relaunched its ‘Buy to Let Specials’ range. It offers a variety of loan options tailored to different landlord profiles and property types. The revamped programme caters to both established portfolio landlords (F1 tier) and those with specialised property needs or […]

Three members have been booted out of The Property Ombudsman scheme for refusing to pay compensation after losing complaints – two of which were brought by landlords. They are BP Auctions, David Key Property Limited and Leonard D Morgan & Co. They were expelled by the Ombudsman’s compliance committee. So far this year, just three […]

Gedling Borough Council is set to reintroduce a selective licensing scheme in Netherfield, Nottingham, aiming, it says, to enhance the quality of private rented housing in the area. The scheme, which was previously in place from 2018 to 2023, will become mandatory again from January 5 next year, and will run until January 4, 2030. […]

Hi, I need to regain possession of my tenanted property to live in myself. I gave my tenants two months’ notice back in September, as per our tenancy agreement, which will expire on November 27th. I’ve recently split from my partner and am battling cancer, and I’ve always kept the rent well below the market […]

Hi, I have tenants in my property who owe £15,000 in arrears, and I’ve applied to the court for eviction. The court hearing was scheduled for January 2024, and the bailiff was set to attend on August 12, 2024. However, just days before the bailiff appointment, they applied for a standard breathing space. Now that […]

Renters across the UK are increasingly turning to fixer-upper properties as a more affordable route to homeownership, according to a survey from Rightmove. The property platform questioned more than 34,000 home movers and found that 68% of renters are eager to take on renovation projects, compared to 54% of homeowners. This trend is driven by […]

Two-thirds of landlords currently own at least one property that does not have an EPC C rating, according to Foundation Home Loans. Data from the mortgage lender shows that nearly half (42%) of landlords plan to raise rents to cover the cost of energy-efficiency improvements. This comes after Ed Miliband announced that all private rental […]

Unlock the latest insights into the property investment world with our video on the landmark court ruling clarifying rent-to-rent liabilities. This will reshape how rent-to-rent operators approach their responsibilities and how property investors navigate the property market. Are you part of the rent-to-rent strategy? Discover what this ruling means for you and how it impacts […]

The Green Party co-leader in the Scottish Government says the SNP government has bowed to pressure from the landlord lobby and significantly weakened its proposed rent control measures. That is, Patrick Harvie says, a blow to tenants across Scotland. Writing in the Glasgow Times, he says that despite initial plans to introduce robust rent controls, […]

Tenant activist group Generation Rent is urging the government to abolish the Right to Rent policy, arguing that it disproportionately affects migrant and ethnic minority renters. In a report, it details the negative consequences of the policy, which requires landlords in England to check the immigration status of potential tenants. The research highlights the findings […]

An industry body is urging the Welsh government to raise Local Housing Allowance (LHA) rates. Propertymark is calling on the government to set the LHA at the 30th percentile of rents and to fully assess the case for raising it to the 50th percentile. As of May 2024, the Department for Work and Pensions (DWP) […]