The Housing Minister Matthew Pennycook says he doesn’t want landlords to leave the private rented sector (PRS) – and he’s seen no evidence that it is happening. Speaking to MPs at the Committee stage of the Renters’ Rights Bill, Mr Pennycook was asked what his biggest takeaway from the day’s hearing was. He replied: “We […]

A Nottingham landlord warns that each new anti-landlord measure will only lead to higher rents and more homelessness. Mick Roberts, one of Nottingham’s largest landlords to house benefit tenants, tells Property118 why councils and the government is to blame for the housing crisis. Mr Roberts says a combination of factors including minimum EPC C targets […]

A committee of MPs hearing evidence on the potential impact of the Renters’ Rights Bill have been told that stricter eviction rules need to be brought in. Tarun Bhakta, the policy manager at Shelter, praised the bill for its ‘significant improvements’ but also called for further measures to protect tenants. He points to the introduction […]

When landlords incorporate their property businesses, managing existing mortgages and capital accounts can present significant financing challenges. Incorporation can offer commercial benefits such as business continuity, legacy planning opportunities, and access to better financing, but it must be approached with careful planning to avoid triggering adverse tax consequences. A key resource in navigating these challenges […]

The Senedd’s Local Government and Housing Committee has welcomed Propertymark’s suggestions for enhancing the private rented sector (PRS) in Wales. Many of the professional body’s recommendations have been incorporated into the committee’s report, highlighting Propertymark’s positive influence on the market. The Committee urged the government to consider the evidence provided by Propertymark and others for […]

Hi Everyone, What’s the best way to converge on market rents? I have good tenants of several years standing, in a London HMO. Being good tenants, I’ve never really raised the rent to market levels. I now see that their rents have fallen 20% behind market rates. I warned them a year ago that their […]

Estate agents across the UK are worried that Chancellor Rachel Reeves’ upcoming Budget could derail the recent recovery in the housing market, a survey reveals.  The majority (68%) of agents surveyed by GetAgent.co.uk believe the new Labour government has focused too heavily on reforming the rental sector, neglecting measures to boost the sales market. This […]

The number of buy to let (BTL) mortgaged properties in arrears in the UK has increased slightly, the latest data from UK Finance reveals. However, the overall proportion of mortgages in arrears remains low, and the number of homeowner properties in arrears has fallen. UK Finance’s data shows that the number of BTL properties in […]

Hi, for the last four to five years, the flat above my only rental property has been leaking water through the ceiling on and off. These leaks now take place every year. When challenged, the occupants of the flat above say it has nothing to do with them and they have consulted a plumber who […]

The average rent rise in the UK has stalled but regional disparities show that some areas are seeing double-digit rises, research reveals. The data from Home.co.uk show that while the national average rise is at a standstill 0% landlords in Wales and the North East saw rent growth of 15.1% and 12% year-on-year respectively. However, […]

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 […]

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 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 […]

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 […]

My uncle, who passed away this year, owned a leasehold flat in Westminster. He extended the lease in 2017 at a cost of £230,000. The property is currently being managed by the executors through probate. Despite paying a large sum to extend the lease, the roof of the building has been leaking for over 10 […]

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 […]

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 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 […]

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 […]

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 […]

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 […]