Page 154 – Property118
Developers discuss how 50% social housing rules are making projects unviable.

50% Housing Rule: Why Major Developers Are Pulling Out!

29th October 2024

In this episode of Property Breaking News, Ranjan Bhattacharya and Andrew Roberts deep dive into the latest government regulations impacting the property market and reveal how commercial conversions can be your golden strategy. Explore how you, as a savvy property investor, can navigate the complexities of the housing market with expert insights. Discover why major […]

Frustrated letting agent overwhelmed by HMRC tax paperwork as landlords leave the market

Why Letting Agents Must Act Now: Protecting Businesses Amid the Landlord Exodus

29th October 2024

The UK’s private rented sector is facing an unprecedented crisis, and letting agents are feeling the impact more than ever. Landlords are leaving the market in droves, driven by relentless tax changes that have made it harder and more expensive to keep their properties profitable. For letting agents, this exodus represents a real threat to […]

Modern Scottish Parliament building in Edinburgh with Calton Hill in the background

Scotland’s PRS cools as rent control policy looms

29th October 2024

Rent rises in Scotland’s private rented sector (PRS) are beginning to ease as policy measures for rent controls continue to progress through the Scottish Parliament. The latest report from Scottish lettings portal Citylets, shows the rate of annual growth trending downward in the low single digits for all main cities. Notably, Glasgow recorded a year-on-year […]

Property expert discusses landlords’ growing concerns about the future of the private rented sector

Landlords are worried about the future despite a strong PRS

29th October 2024

Landlords across the UK are growing increasingly pessimistic about the future of the private rented sector (PRS), despite strong tenant demand and record-high rental yields. A new report by mortgage market specialist Pegasus Insight reveals that 91% of landlords believe the Labour government will have a negative impact on the sector. Their primary concerns include […]

Students discussing housing plans in a shared living room.

Landlord organisation warns of risks to student housing market from periodic tenancies

29th October 2024

A landlord organisation is urging the government to introduce a student shorthold tenancy (SST) to protect the student rental market. iHowz warns the student rental sector is unique and any changes will cause uncertainty for landlords and students. Under the Renters’ Rights Bill, fixed-term tenancies will be scrapped and replaced with periodic tenancies. Uncertainty for […]

Finance expert warns Budget tax raid could drive landlords from the private rented sector

Landlord exodus will follow Budget tax raid

29th October 2024

A Budget tax raid on landlords will see an exodus of investors from the private rented sector (PRS), one expert warns. Rachel Springall, the finance expert at Moneyfactscompare.co.uk, said: “The tax changes which have impacted the buy to let market have resulted in droves of landlords setting up limited companies to manage their portfolios. “The […]

Welsh flag with energy efficiency icon and 2025 date highlighting funding exclusion for landlords.

Disappointment as new funding for upgrading to net zero excludes landlords

29th October 2024

A new scheme to help upgrade housing stock in Wales doesn’t include help for landlords. The Welsh government has launched a £70 million initiative to upgrade housing stock to support the country’s drive towards achieving net-zero emissions by 2025, but this does not include properties in the private rented sector. Propertymark has slammed the decision […]

Stack of moving boxes and household items representing tenants’ abandoned possessions after eviction

What a Landlord Must Do if a Tenant Leaves Possessions Behind After Eviction

28th October 2024

When a tenant is evicted from a rental property, it is not uncommon for them to leave behind personal belongings. As a landlord, you might be unsure about your legal rights and obligations when dealing with abandoned goods. Legislation provides a framework to guide landlords through this process, most notably under the Torts (Interference with […]

Hand placing final puzzle piece to complete the word “Strategy,” symbolizing building an investment plan.

Understanding Property Investment Strategies

28th October 2024

Starting out in property investing is an exciting journey, with various strategies to explore. This guide will introduce five popular property investment strategies, each with unique demands on time, knowledge, and financial resources. We’ll look at single let properties, two types of HMOs, serviced accommodation, flips, and conversions. >> The Buy-to-Let Blueprint – Becoming an […]

Stairlift installed on residential staircase without landlord consent

Can I evict my tenant for installing a stairlift without permission?

28th October 2024

Hi, I need some advice. I have a tenant who has had a stairlift fitted without my knowledge or consent she tried to stop me from coming in when I gave her a new tenancy agreement. I asked her who needed the stairlift, as to my knowledge, she’s fit and healthy. She says it’s for […]

Smiling business professional sitting confidently in a modern office setting

This will be a ‘bumper year’ for the housing market – Zoopla

28th October 2024

The total value of homes in the sales pipeline has surged by 30% to £113 billion, driven by rising incomes and the lowest mortgage rates in two years to help make 2024 a bumper year. That’s according to Zoopla’s latest House Price Index which shows the number of new sales agreed has reached its highest […]

Portrait of a business leader in suit and tie

Scottish house prices soar by £13,001

28th October 2024

The Scottish housing market has continued to defy economic headwinds, with average house prices increasing by £13,001 in the past year, according to a leading property firm. DJ Alexander, Scotland’s largest lettings and estate agency, analysed the latest statistics and found that prices rose from £186,970 to £199,971 between September 2023 and August. This growth […]

Rising UK rent prices highlighted with British flag and pound symbol increasing on map.

Rent prices skyrocket as majority of UK becomes unaffordable for renters

28th October 2024

Rent prices have soared within the last five years as renters struggle to find an affordable place to live, according to a new survey. Research by Go.Compare Home Insurance reveals that 65% of Britain has average rental costs above what is considered affordable for a typical single tenant. According to Go.Compare, the average monthly rental price […]

Multiple “To Let” signs outside a property, illustrating the competitive UK rental market

Renters pay the price as search times lengthen

28th October 2024

As the UK’s private rented sector (PRS) becomes increasingly competitive, tenants are facing financial burdens as they struggle to secure a property. A new report by tlyfe, a tenant app launched by OpenBrix, highlights the rising costs associated with lengthy rental searches. It says that the longer the search, the higher the cost of renting […]

Eviction notice concept with house icon over money and calendar background.

Tenant has stopped paying rent and refuses to leave?

28th October 2024

Hello, six months ago, I rented three rooms in my house via a high street estate agent. Each single tenant has their own tenancy agreement. The first one that moved in set up bills in her name and split and collected the bills from other tenants. One of the tenants started living with his toddler […]

Shocked landlord reacting to rising tax costs and indexation allowance issues

Why It’s Time to Bring Back Indexation Allowance: Adam’s Story

27th October 2024

In 2001, Adam purchased a property for £97,000 in an area that wasn’t exactly desirable. His tenant situation wasn’t ideal either, but Adam did his best to keep things running smoothly. When his tenant passed away, Adam decided it was time to sell, but before he could, he was forced to spend thousands removing rubbish […]

Man crushed under heavy VAT burden symbolising tax pressure on private landlords

Why Private Landlords Pay More and Get Less: The VAT Inequality Exposed

27th October 2024

The UK government has made bold promises to deliver 1.5 million new homes, but while that vision might sound like a solution to the housing crisis, there’s a hidden tax trap that could push existing landlords out of the market. Private landlords are facing crushing VAT burdens, paying 20% VAT on almost everything they spend […]

Long line of people leaving identical houses marked “For Sale” and “Sold,” symbolising the UK landlord exodus

The Landlord Exodus: It’s Not Just Landlords Who Are Feeling the Pain

27th October 2024

If you’ve been keeping an eye on the UK’s private rented sector, you’ve probably noticed a big shift happening: landlords are leaving the market in droves. This so-called landlord exodus is being driven by rising costs, unfriendly tax changes, and more regulations than ever before. And it’s not just landlords feeling the squeeze—this trend is […]

Stealth bomber releasing bombs labeled “Hidden” and “Taxes” through stormy clouds, symbolizing hidden landlord taxes.

Stealth Taxes Are Bleeding Landlords Dry: What You’re Not Told About the Hidden Costs

27th October 2024

While much of the focus on landlord taxation falls on high-profile issues like Capital Gains Tax and Stamp Duty, there are a range of stealth taxes slowly draining landlords’ resources. These hidden costs often go unnoticed until they hit, leaving many landlords struggling to maintain profitability. Among the most punishing are the doubling of Council […]