Page 158 – Property118

10 Reasons Landlords Are Selling Up

10th October 2024

Discover the best properties to invest in now with our expert landlord’s guide! In a rapidly evolving property market, it’s crucial to stay informed and make wise investment strategies. Ranjan Bhattacharya’s latest video uncovers why some property investors are selling and, more importantly, what savvy investors are holding onto. Gain expert insights into the types […]

Older renters fear raising concerns with landlords – Survey

10th October 2024

Nearly one in five (18%) older tenants report feeling uncomfortable speaking up about issues with their rented home with the landlord, a survey reveals. The poll was commissioned by Independent Age, an older people’s charity, which highlights the significant challenges faced by older renters in raising concerns with their landlords. The fear of eviction or […]

Tenant demand skyrockets as house prices rise after decline

10th October 2024

Tenant demand continues to soar as house prices rise for the first time in two years, according to the latest RICS residential survey for September. The organisation warns that many landlords are rushing to sell their properties ahead of the rumoured capital gains tax increase expected in the October budget. Despite the lettings market facing […]

Energy efficiency rating chart shaped like a house with 2030 target for EPC C goal.

Landlords face decades-long wait to recoup EPC upgrade costs

10th October 2024

It could take landlords in the private rented sector (PRS) more than two decades to recoup the costs of upgrading their properties to meet the government’s minimum EPC C rating deadline by 2030. The research from lettings and estate agents, Benham and Reeves, found that the average cost of upgrading a sub-C rated property to […]

Red upward arrow breaking through a surface symbolising challenges with roof access in a shared building

No common access to roof space?

10th October 2024

Hi Everyone, I own a flat in a multiple-owned block in London and rainwater is entering because (as I can visually see out of the window) the roof hopper is blocked. However, access to the roof is through a trapdoor in one of the flats and we cannot gain access as the owner is frequently […]

Hands holding paper house labeled “Not For Sale” beside a “To Let” sign, symbolizing landlords retaining rental properties.

Lomond: Renters’ Rights Bill not driving mass landlord exodus

10th October 2024

The Renters’ Rights Bill IS NOT causing a mass landlord exodus, claims network of lettings and sales agents. According to Lomond, the UK’s leading network of lettings and sales agents, the number of tenanted properties being listed on the sales market has fallen by nearly -20% since the end of June. However, Lomond warns the […]

Tenant confused about arranging a gas safety check with communication icons around a laptop.

Tenant refusing access for gas safety check?

10th October 2024

Hi, my tenant finally agreed a day and time access for an annual gas safety check. However, because the tenant took so long to respond the engineer could no longer accommodate on the said day and time. The agent is making contact with other engineers for their availability but the tenant is no longer responding. […]

Portrait of a senior politician discussing concerns over Labour’s Renters’ Rights Bill in relation to landlords’ rights

Labour slammed for treating all landlords as ‘exploiters’

9th October 2024

The Renters’ Rights Bill will “wreck the rental market and drive up rents” warns Kemi Badenoch. In a letter to The Telegraph, Ms Badenoch slams Labour for their one-sided view of landlords, accusing them of treating all landlords as “exploiters.” She points out the irony that the only MP in Parliament found guilty of mistreating […]

Angela Rayner announces Labour’s plan to cut benefit payments to criminal landlords

Angela Rayner will introduce the Renters’ Rights Bill TODAY

9th October 2024

Deputy Prime Minister Angela Rayner will introduce the Renters’ Rights Bill to Parliament today, which aims to end Section 21 ‘no fault’ evictions and provide greater protections for renters. The Bill, which reaches its second reading, marks a big step towards overhauling the private rented sector (PRS) and delivering on the Labour’s manifesto commitment to […]

Magnifying glass highlighting tax inspection in relation to HMRC scrutiny of landlord incorporation strategies

Is HMRC Overreaching? Landlord Incorporation Without Remortgaging

9th October 2024

Thousands of landlords across the UK are now wondering if HMRC, the government’s tax authority, is going too far in its latest crackdown. For years, landlords have used perfectly legal ways to manage their taxes and property businesses, but HMRC is suddenly treating these methods as if they are wrong. Is HMRC overstepping its limits? […]

professional portrait of a young man in a suit representing tenant advocacy in the Renters’ Rights Bill debate

Generation Rent want two months’ rent compensation for tenants!

9th October 2024

Renters in England are facing an average cost of £2,216 for unwanted house moves following eviction, according to research from Generation Rent. This ‘eviction tax’ includes costs such as the deposit, ‘overlapping’ rent from old and new tenancies, and other moving expenses. As MPs debate the Renters’ Rights Bill in the Commons today, the organisation […]

letting boards displayed along a street highlighting student rental availability

Renters’ Rights Bill: Propertymark raises concerns over fixed-term tenancies

9th October 2024

The government must appreciate the potential impact of ending assured shorthold tenancies under the Renters’ Rights Bill for periodic tenancies, Propertymark says. It warns that not only will the students’ let market be affected, but a fixed-term tenancy provides tenants with security of tenure and landlords with guaranteed rent payments. This type of tenancy is […]

Puzzle pieces highlighting partnership values like collaboration, trust, and goals

Three partner property investment dispute?

9th October 2024

Dear Fellow readers, I have a question regarding partnership law. Can an investment property held by three partners in equal shares (not under a Limited Company) be sold by two of the partners if the third partner is opposed to the sale as he wants to purchase the property himself? However, the other two partners […]

Property expert outdoors discussing rising UK rent prices

Tenant demand soars – but the north-south divide widens

9th October 2024

There has been a significant increase in tenant demand for rental homes in England which has climbed by 3.3% since the start of the year. The research from Zero Deposit examines demand in each county in England based on the number of let properties compared to the total available stock. The index found that in […]

Person completing property inspection paperwork for HMO licensing compliance

CIEH welcomes new report calling for stronger selective licensing

9th October 2024

An organisation has welcomed the Renters’ Reform Coalition report calling for more selective licensing. The Chartered Institute of Environment Health (CIEH) says they are “delighted” the Renters’ Reform Coalition has called for better funding for council enforcement and stronger selective licensing. The CIEH has been pushing for a simpler set of housing standards to make […]

Business figures reacting to conflict as one shouts through a megaphone, symbolising dispute with mortgage lenders

The Mortgage Works and Templeton LPA Receivers – does anyone have experience?

9th October 2024

Hello everyone, We are having problems dealing with Templeton LPA Receivers who have been appointed by The Mortgage Works. We are in dispute with TMW over any alleged arrears and The Financial Ombudsman has found that TMW have not been helpful in resolving the issue. We still await the payment that the Ombudsman instructed TMW […]

colourful abstract buildings illustrating trends in student accommodation demand

Student accommodation preferences are shifting

9th October 2024

The latest Knight Frank/UCAS Student Accommodation Survey paints a clear picture of how student preferences for university accommodation are evolving. Now in its fifth year, the survey provides valuable insights for student landlords, developers, investors and universities to adapt to these changing needs. The report predicts a significant shift by the end of the decade, […]

Paper houses displayed on top of UK banknotes to illustrate funding pressures on social housing

Housing crisis leaves 13,000 social homes ready to be built but without buyers

9th October 2024

Councils across England are warning they could face bankruptcy unless more social homes are built. In a BBC report, the Home Builders Federation, which represents housebuilders, claims their members have at least 13,000 affordable social homes ready to be built immediately. However, these projects are stalled because no housing providers are available to buy the […]

Key unlocking a puzzle piece symbolising financial solutions for landlords and tenants

Unlocking Hidden Opportunities: How a Landlord’s Dilemma Became a Shared Success

8th October 2024

When I think about why I founded my business, it’s stories like Steve and Daphanie’s that come to mind—stories where a bit of guidance can transform lives and turn challenging situations into collaborative victories. An Unexpected Email One morning, as I sifted through my inbox, a message caught my eye. The subject line read: “Urgent […]

Magnifying glass highlighting the word “truth” with a red pushpin

Property118 incorporation models – Rebuttal of Tax Avoidance Allegations

8th October 2024

Property118 categorically rejects the DOTAS characterisation of our tax planning structures, specifically the Substantial Incorporation Structure (SIS) and Capital Account Restructure (CAR). These strategies’ are a commercial necessity rather than any tax avoidance intent. Legal Foundation: Gordon vs IRC and the Transfer of Beneficial Interest To clarify, the Substantial Incorporation Structure (SIS) is fully compliant […]

London housing target reduction headline with two presenters and Big Ben in the background

Why London’s Housing Market is Worse Than You Think

8th October 2024

Discover the ugly truth about London’s housing crisis and its impact on property investors like you. In this eye-opening video, Ranjan Bhattacharya and Andrew Roberts delve into the controversial policies reshaping the capital’s property market, leaving many questioning the motives behind reduced housing targets. Our expert insights break down complex issues, such as the challenges […]