Page 155 – Property118
Row of houses with one highlighted for rent, symbolising UK housing market demand.

Government urged to treat landlords as equals to housebuilders amid housing crisis

21st October 2024

The government must treat landlords the same as housebuilders due to their vital role in the housing market, says new report. The report by the Radix Big Tent Housing Commission emphasises how landlords are key players in tackling the housing crisis. The Commission also backs the NRLA’s push for the government to clarify how the […]

Bold “Take Action Now” message revealed through torn black paper, urging landlords to act quickly.

Escape Government attacks and Red Tape: Landlords must act now!

18th 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 […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

CRUSADER: Why landlords must be wary of Labour’s ‘mission creep’ for the PRS

18th October 2024

Just when you thought Labour’s hatred of landlords couldn’t get any worse comes the alarming realisation that the Renters’ Rights Bill could be so much worse than most landlords fear. I’m talking about Housing Minister Matthew Pennycook’s interview with the I newspaper that Property118 covered. Firstly, it’s the usual lefty nonsense about protecting tenants – […]

Chancellor rules out capital gains tax rise on buy-to-let properties, symbolized by scales and money.

Chancellor Rachel Reeves rules out CGT hike for buy-to-let properties in Budget?

18th October 2024

Chancellor Rachel Reeves WILL NOT change the rate of capital gains tax on the sale of buy-to-let properties in the Budget, sources tell The Times. According to the paper, the Treasury is concerned that increasing the rate could cost money and damage the property market. The former Chancellor Jeremy Hunt cut the top rate of […]

Brown folder labeled “Portfolio” beside a pen, notebook, and plant on a white desk.

How to Ensure Your Buy-to-Let Property Will Always Be in Demand

18th October 2024

One of the most crucial aspects of successful property investing is ensuring consistent tenant demand. A buy-to-let property that remains in demand will not only stay occupied but provide a steady rental income, making it a more secure and profitable investment. Let’s explore how to make sure your buy-to-let property is always attractive to potential […]

Green energy efficiency target for rental homes by 2030 with EPC C rating goal.

Upgrading to meet EPC standards adds £20k to PRS house value

18th October 2024

Greener rental homes can command a premium of nearly £20,000 compared to less energy-efficient properties, research reveals. According to a report by The Mortgage Works (TMW), landlords are facing a raft of challenges to meet the requirement for PRS homes to have an EPC C rating by 2030. The lender’s research also found that landlords […]

Business leader discussing UK property market outlook amid Budget uncertainty

BTL landlords expand portfolios amid lower mortgage rates

18th October 2024

Falling buy to let mortgage rates have revitalised the UK’s landlord market, leading many to expand their property portfolios, research reveals. Despite government reforms aimed at deterring investment in the sector, landlords are increasingly confident in their ability to weather the storm. That’s the verdict from Octane Capital’s analysis which reveals that the average BTL […]

Foxtons lettings director in business suit discussing London rental market trends

London’s PRS shows strength despite seasonal slowdown

18th October 2024

London’s lettings market has shown remarkable resilience in September, despite a seasonal decline in applicant demand, one market index reveals. The latest Foxtons data shows that key areas like central London have continued to experience robust activity. It says that tenant demand in September fell by 35% compared to August, which is the usual seasonal […]

Magnifying glass focusing on the word “refund” on a wooden background

Chances of getting a refund on a selective licence?

18th October 2024

Hi, towards the end of September, I got an email confirming my successful selective licence application. This application was submitted back in June, so it’s taken a while. Some months after I submitted my application, I contacted the same council who are buying back stock. They carried out a valuation and we are nearing a […]

Blue fire door safety sign reminding to keep the door shut.

Fire doors and who certifies competent installers?

18th October 2024

Hi, after 50 years in the rental business, I’ve recently become a landlord of a shared flat classified as an HMO, though not a “true” HMO. I’ve been asked to provide both an FD30 fire door certificate and proof of a “competent installer.” The challenge I’m facing is finding an installer who can self-certify their […]

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

Feeling ripped off by PRS lenders?

18th October 2024

With interest rates skyrocketing I have become less tolerant with lenders in the PRS sector. I have an uncomfortable feeling of being ripped off. Here are some examples: 1. Preferential rates only offered to new customers. The insurance industry used to do this until it was made illegal. 2. Tracking rates. I took one of […]

Chancellor delivering a speech on Britain’s economic future

Government urged to deliver Budget tax relief for landlords

18th October 2024

Organisations representing landlords and agents have issued a plea to the Chancellor Rachel Reeves for urgent tax breaks to help alleviate the housing crisis and curb rising rents. In a letter ahead of the Budget, the organisations are highlighting the ‘severe shortage of homes’ and the ‘uncertainty on a number of fronts’ facing landlords. The […]

Businessman choosing between incorporated and unincorporated property ownership options.

Tax Comparison for Incorporated vs Unincorporated Landlords: A Commercial Case Study

17th October 2024

Introduction: This case study presents the commercial rationale behind the incorporation of a property rental business and provides a detailed comparison of the tax outcomes for both unincorporated and incorporated residential landlords. It explains how incorporation is driven by genuine business needs, such as full deduction of finance costs, risk management, and succession planning, and […]

Nicola Alvarez, Accord Mortgages senior manager, discusses support for landlords through rate reductions

Two more BTL lenders cut rates to support landlords

17th October 2024

Two major buy to let lenders, Accord Mortgages and Landbay, have announced rate reductions on their products that will help landlords facing affordability challenges. Accord Mortgages has reduced its interest coverage ratio (ICRR) rates, which are the stress rates applied to BTL affordability calculations. This means more landlords can qualify for mortgages and will be […]

Two presenters promoting a free WealthBuilders webinar on building recurring income and financial security.

How to Transform Assets into Recurring Cashflow

17th October 2024

With one of the most feared and talked about budgets in decades at the end of this month, taking control over your financial future has never been more important! On Tuesday 22nd October, WealthBuilders will be hosting a live webinar where they will showcase a simple, proven process anybody can follow to build a reliable […]

Politicians depicted with communist imagery amid warnings of potential UK tax hikes

Tax Hike ALERT: October Budget Insights

17th October 2024

Avoid these property tax traps in the October budget and safeguard your investments! As tax hikes loom, it’s crucial for property investors to stay informed and ahead of the curve. In this video, Ranjan Bhattacharya delves into the potential implications of the upcoming budget changes on your property and business endeavors. Gain expert insights into: […]

Councillor Grace Williams smiling in a white shirt against a plain background

Just 5% of London’s rental homes are affordable to low-income households

17th October 2024

There has been an alarming decline in affordable homes to rent in London, with only 5% of properties being accessible to low-income households relying on Local Housing Allowance (LHA) to cover their rent. The research, conducted by Savills and commissioned by London Councils and Trust for London, paints a bleak picture of the city’s housing […]

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

Renters’ Rights Bill could overwhelm England’s tribunals

17th October 2024

The English tribunal system is already overburdened and ill-equipped to handle the potential surge in new claims stemming from the Renters’ Rights Bill, research reveals. Proptech company Reapit says that between 2019 and 2023, the number of fair or market rent cases before England’s Residential Property Tribunals increased by nearly 89%, from 483 to 921. […]

Person tearing a rental contract in half, symbolizing landlord licence or tenancy breach.

Landlord licence only allows one tenant?

17th October 2024

I recently found out the landlord’s licence restricts one tenant to one of my flats, while my other similar flats in the same building allow for two. This is after I signed up a 12-month fixed tenancy with a couple! I received the landlord licences for all the properties in the same block.  However, for […]

Couple moving into first home with Hamptons logo and welcome mat reading “Our First Home”.

Landlords sell more homes to owner-occupiers as investor interest declines

17th October 2024

Most homes sold by landlords are now being purchased by owner-occupiers instead of other investors. According to research by Hamptons, in 2024 more than 80% of properties sold by landlords were bought by owner-occupiers rather than investors. The data reveals only 18% of homes sold by landlords are bought by another investor —a drop from […]

Cigarette butts filling an ashtray, symbolizing smoking hazards and fire risk.

Tenant’s son is smoking in bed?

17th October 2024

My tenant has been with me for over 10 years. When she moved into the premises she had two children who are now adults in their 20’s. The daughter has left home but the son has continued to live in the property. On carrying out some checks in 2021 it was discovered that the son […]