Page 154 – Property118
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The Shift Towards Regional and Suburban Properties: A New Era in the UK Property Market

23rd October 2024

The UK property market is undergoing a significant transformation, with a growing number of homebuyers and investors turning their attention away from the traditional urban hotspots, like London, and focusing instead on regional and suburban areas. This trend, fueled by evolving work patterns, affordability concerns, and lifestyle changes, is reshaping the housing market in the […]

Business person pointing at a glowing question mark, symbolising uncertainty about leaseholder rights

What notice will be given for a council demolition?

23rd October 2024

Hi everyone, I rent out a leashold flat with the freeholder’s full permission. The freeholder is a city council and has stated the high rise block will be demolished. Most of the tenants are council tenants, 14 for the flats are ‘owned’ by leaseholders. So, if section 21 is abolished, and the block is going […]

Aldermore logo representing its reintroduced 2 and 5 year Buy to Let limited edition mortgage range

Aldermore reintroduce 2 and 5 year Buy to Let limited edition range

23rd October 2024

Aldermore has reintroduced its 2 and 5 year Buy to Let Limited Edition (BTL) range to provide more choices for landlords and property investors. Jon Cooper, director of mortgages at Aldermore, comments: “We continually review our range to ensure we’re providing our customers with products which complement their needs at rates they deserve. We’re pleased […]

Woman tangled in red tape symbolizing landlords trapped by taxes and regulations

Taxes, red tape and the onslaught on Landlords: it’s time to get out

22nd October 2024

This week the Telegraph hit the nail on the head when they reported that Landlord profits had collapsed in the past decade following an onslaught of taxes and red tape. That coupled with the unbelievable amount of hoops landlords have to jump through has pushed the entire sector to breaking point. You can attempt to […]

NRLA chief executive addressing MPs on enforcement of the Renters’ Rights Bill

Ben Beadle supports abolition of Section 21 but calls for urgent court reforms

22nd October 2024

Ben Beadle claims that the NRLA does NOT oppose the abolition of Section 21, but the court system urgently needs reform to handle evictions. During the committee stage hearing of the Renters’ Rights Bill, the chief executive of the NRLA, Ben Beadle said: “The court system is on its knees and landlords are having to […]

Labour debate on councils abandoning social housing projects

Labour Councils Giving Up Social Housing

22nd October 2024

Dive deep into the latest property news as Ranjan Bhattacharya and Andrew Roberts unravel why councils are stepping away from social housing. This video is a must-watch for property investors seeking to understand the shifting dynamics of the property market. Discover the implications of councils like Central Bedfordshire and Nottingham pulling out of housing projects […]

Propertymark representative discusses rent control concerns in Scotland

Propertymark calls for a balanced Renters’ Rights Bill

22nd October 2024

Propertymark says the Renters’ Rights Bill must provide a greater degree of balance between tenants, landlords and agents to ensure a healthy private rented sector (PRS). While the organisation welcomes the government’s commitment to avoid rent controls, it emphasises the need for clarity on how the legislation will address the significant demand for rental properties […]

Calum MacInnes, chair of SAPRS, discussing the Renters’ Rights Bill and student housing concerns

Student housing crisis fears grow as Renters’ Rights Bill looms

22nd October 2024

A group of leading student accommodation providers is calling on the UK Government to amend the Renters’ Rights Bill to prevent a worsening of the student housing crisis. The Bill, which is currently making its way through Parliament and reaches its Committee stage today (Tuesday 22 Oct), could lead to a significant reduction in student […]

Business professional smiling in office setting, representing landlord support discussion ahead of the Budget

Chancellor urged to support landlords in Budget

22nd October 2024

Chancellor Rachel Reeves is being urged to help landlords in her Budget next week to support both landlords and homeowners. In a pre-budget submission to HM Treasury, proptech firm Reapit called for financial support for landlords facing costly new energy efficiency measures. It also wants an exemption for homes that cannot be economically retrofitted from […]

Estate agent standing beside a Rightmove “For Sale” sign outside a home.

Housing market remains strong as buyers wait for October budget

22nd October 2024

The housing market remains strong, with the number of available homes reaching a decade high, but autumn activity has slowed compared to typical seasonal trends. According to Rightmove’s House Price Index, the average price of property coming to the market for sale has increased by 0.3% this month (+£1,199) to £371,958. This is a much […]

Students sharing a kitchen while discussing tenancy agreements and the Renters’ Rights Bill.

How are student landlords preparing for the Renters’ Rights Bill?

22nd October 2024

Hi, like most landlords letting exclusively to students I am dreading the Renters’ Rights Bill as it looks as if it’s just around the corner. The summer of 2025 to be more precise. I have a feeling it won’t fail as the enthusiastic new Labour government is on a mission, be it a misguided one. […]

Person surrounded by question marks symbolizing confusion over rent-to-rent issues

Rent to Rent Operator challenge?

22nd October 2024

Hi everyone, I am reaching out to seek your advice on how to address a challenge I am currently facing. I have owned a property managed by a Rent to Rent (R2R) operator since last year, and as of this October 2024, the operator has failed to remit the rent to me. Despite my attempts […]

Rising buy-to-let incorporations shown through upward housing graph with Hamptons branding.

Buy-to-Let Incorporation on the Rise: Hamptons Research & Why It’s Not Tax Avoidance

21st October 2024

New research from Hamptons has revealed a significant increase in the number of landlords incorporating their buy-to-let businesses. In September 2024 alone, 5,312 new limited companies were established to hold buy-to-let properties, representing a 28% rise compared to the same period last year. By the end of 2024, between 60,000 and 62,000 new companies are […]

House and percentage symbol balanced on wooden seesaw representing mortgage rates.

Exclusive: Market-Leading BTL Mortgage Products

21st October 2024

To all Property118 readers, A new set of Limited Company market-leading Buy-to-Let (BTL) mortgage products are now available, exclusively through select broker partners only. The Buy to Let product features and criteria include: Single Let: 5-Year Fixed Rate at 4.69% HMO: 5-Year Fixed Rate at 4.99% Maximum LTV: 75% for Single Let, 70% for HMO Arrangement Fee: 2.00%, which […]

Frustrated landlord facing communication breakdown in rent-to-rent property dispute

Rent-to-Rent Disaster Averted – How I Helped A Landlord Reclaim Control of Their Property

21st October 2024

When faced with the challenges of a rent-to-rent (R2R) agreement gone wrong, a landlord of a 3-bed HMO (House in Multiple Occupation) found themselves in a difficult position. With tenants in varying financial circumstances, from furloughed workers to the unemployed, and rent arrears spiralling to £5,400, the landlord was left frustrated, unable to get answers […]

Universal Credit logo representing UK welfare and housing payment system.

Is Universal Credit forcing rent reductions on landlords?

21st October 2024

Has anyone else come across this, if so is there any way to fight it? I’ve had a property in Kent for some 20+ years, let to the same severely disabled tenant and family. To date the rent has been covered by housing benefits and I have kept rent increases within the boundaries that mean […]

Landlord inspecting mold damage on kitchen wall after tenant negligence

Majority of landlords cover property damage caused by tenants

21st October 2024

Landlords end up covering property damage 90% of the time, even when it’s the tenant’s fault, according to a new survey. Research by Property Inventory Base reveals a lack of inventory process means only 10% of tenants are being charged for property damage. If an end-of-tenancy inspection uncovers damage that wasn’t there during the initial […]

Close-up of a dial being turned to increase rental yield to high levels

Buy-to-let market sees yields hit record highs

21st October 2024

Despite a challenging rental market, buy-to-let properties in England and Wales are delivering their highest average gross yields in nearly a decade. According to research by Hamptons, the average gross rental yield on a newly purchased buy-to-let in England and Wales has reached 7.2%. This marks a year-on-year increase of 0.5%, with landlords in Wales […]

White piggy bank tipped over with coins spilling out, symbolising rent arrears and financial loss

How do you evict a tenant in £3,000 rent arrears?

21st October 2024

I have a rogue tenant. Despite having signed a rent increase notice, he is refusing to pay the rent increase. The rent for similar properties in this area are between £1,000 to £1,200 per calendar month. His rent has been increased from £600 to £900 per month. Also, he is in breach of the tenancy […]