Page 165 – Property118
Cleaning team performing housekeeping tasks in a furnished home during tenant changeover

Agent charged me for for repairs without my approval?

19th September 2024

Hi, my letting agent has instructed and charged me for cleaning and repairs without prior agreement and my authorisation, when finding a new tenant. They just sent me the statement with a deduction of the costs. I’m not even sure all the work was actually carried out. I asked them to get my authorisation prior […]

Handshake over property sale documents with keys as a local authority finalises the purchase of a tenanted home

Local Authorities Buying Tenanted Rental Properties from Private Landlords: A Growing Trend in the UK

19th September 2024

As more private landlords decide to exit the rental market, local authorities across the UK are stepping in with initiatives to purchase tenanted properties. These moves are aimed at both preventing homelessness and increasing the availability of social housing in an increasingly challenging market for tenants. Here’s an overview of some key local authority initiatives […]

Damp and mould on interior wall with warning sign highlighting housing hazard

Letting agents blame tenants for damp and mould in rental homes

18th September 2024

Damp and mould in rental properties is usually caused by tenants, say letting agents. A survey by the Property Ombudsman shows that most letting agents believe condensation caused by actions like drying clothes on radiators and cooking without using extractor fans are the main cause for damp and mould. The study reveals the Property Ombudsman […]

Hand completing a property inventory checklist on a clipboard to support accurate rental inspections

Landlords urged to prioritise inventories to avoid costly disputes

18th September 2024

Landlords and letting agents are being urged to carry out property inspections to avoid problems with damage or deposit disputes. A poll by Inventory Base found that 30% of tenants didn’t get an inventory done before moving into their current rental property, and of those, less than 9% arranged one themselves. For the 70% who […]

finger pressing red keyboard key with piggy-bank icon to represent holding deposit dispute

Agent kept one week Holding Deposit when new tenant called off?

18th September 2024

Hello everyone, My letting agent found a tenant for me and they took a one-week Holding deposit from the new tenant. The tenant then pulled out at the last minute, which created a rental void for me. When I asked the letting agent about the one-week Holding deposit they received to cover my void period, […]

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

BTL lenders slash rates as mortgage market heats up

18th September 2024

BTL lenders have announced rate cuts as the market shows signs of improvement. Aldermore and CHL mortgages are among a slew of lenders that have cut rates in their buy-to-let mortgage products. These rate cuts come as lenders aim to boost activity in the buy-to-let market. Lively mortgage market Aldermore has introduced a range of […]

House model on stacks of cash highlighting rising housing costs

Cost-of-living crisis pushes renters further from homeownership

18th September 2024

The impact of the cost-of-living crisis has reduced renters’ aspirations to own their home, according to a new report. A survey by firm MRI Software reveals a staggering 80% of renters feel priced out of the housing market. Nearly half of younger renters aged 18-24 (48%), say they are still continuing to live with their […]

CCTV warning sign with anti-social behaviour symbol crossed out to highlight calls for stronger PRS support

Industry body calls for more support to tackle anti-social behaviour in PRS

18th September 2024

A leading industry body is demanding that the Scottish government offer more support to landlords dealing with anti-social behaviour. Propertymark points out that the rise in anti-social behaviour (ASB) is linked to the ongoing shortage of social housing, which is pushing more vulnerable people with complex needs into the private rented sector (PRS). Propertymark’s policy […]

debate speech bubbles illustrating discussion around renters’ deposit scheme proposals

More protection for landlords and tenants alike?

18th September 2024

DEBATE: We have a tenancy deposit scheme (GREAT) However I believe there should be a renters’ deposit scheme. If a tenant has repairs and the landlord fails to amend these repairs, the tenant could pay the rent into a renters’ deposit scheme rather than withholding rent. If the repairs are done in good time then […]

Man holding a “Renters Rights Bill” document against an aerial view backdrop, highlighting concerns over loopholes in the legislation

Revealed: Renters’ Rights Bill’s Hidden Loopholes

17th September 2024

Unlock the secrets of the property market with our latest video: Dive into the the intricate world of property investment, uncovering the loopholes in the new Renters’ Rights Bill that could shift the balance in favor of tenants. You’ll gain insight into property trends, understand the implications for landlords, and explore the strategies rogue tenants […]

Property expert warns landlords rushing Section 21 evictions before ban

Landlords face tougher eviction rules and long wait times

17th September 2024

A property expert warns of “bad news for landlords” as Labour reforms could see tenants who don’t pay rent stay for three months. Paul Shamplina from Landlord Action told the Daily Telegraph that under the Renters’ Rights Bill, tenants can miss up to three months of rent before a landlord can start the process of […]

Rent increase notice with piggy bank showing financial strain

Evicting a protected tenant for not paying rent increase?

17th September 2024

Hi, I’ve had a protected tenant living in the same property for over 20 years, part of that time as a widow. I’m allowed to apply to the Valuation Office for a rent increase every two years, but occasionally, it’s been after three years, meaning the rent is significantly below the current market rate. Earlier […]

Fraud checks on passports and documents displayed on a computer screen during tenant screening

London rental market faces surge in fraud

17th September 2024

The London rental market has become a hub of fraudulent activity, according to one estate agent. Benham and Reeves report that many London letting agents face significant challenges with tenant screening. Last month the estate agent encountered issues such as forged passports, digitally altered documents, and undeclared CCJs. Landlords must be on guard The firm […]

Residents-only parking bay markings on a shared residential car park

Can a director give visitor parking to their tenant?

17th September 2024

Hi, we are a block of 15 flats, each flat has either one parking bay or a garage. There are also three designated visitor bays, which are clearly marked with a ‘V’ and, according to the lease, are strictly for visitors. One of the directors, who owns a flat here, has given his tenant access […]

Scottish flag above colourful raised hands and a house symbol highlighting Scotland’s housing emergency

12th Scottish council declares a housing emergency

17th September 2024

Another Scottish council has declared a ‘housing emergency’ making it the 12th local authority in Scotland to declare a housing crisis. East Renfrewshire council says challenges in the local housing market have made it difficult to keep up with demand. East Renfrewshire has the lowest percentage of social housing in mainland Scotland, with only 11.4% […]

Legal document labeled “Limited Liability” with a judge’s gavel representing landlord legal protection

Do we need Limited Liability?

17th September 2024

We have recently heard that landlords should set themselves up as a Limited Liability Partnership in case they should ever have someone claim against them, which could lead to bankruptcy and we would lose everything we have? While we have landlord insurance and maintain our properties well, there is always the risk that if a […]

Keys being handed over beside a model house and insurance symbols representing tenant rehousing responsibilities

Landlord’s obligation to re-house tenants

16th September 2024

A common question I get asked after a disaster like a fire or flood is whether a landlord is obligated to re-house a tenant. The straightforward answer is “no.” However, a related question is whether the landlord must “pay” for alternative accommodation. This is a distinct issue, but first, let’s address the duty to re-house. […]

Model house balanced on an unstable wooden block tower to illustrate property investment risk.

10 Properties New Investors Should Avoid to Ensure a Safe Start in Property Investment

16th September 2024

As a new or inexperienced investor, it’s crucial to avoid certain types of properties that may seem appealing at first glance but could present significant risks. Here are ten types of properties you might want to steer clear of to ensure your first investment is solid, sound, and secure. Non-Standard Construction Properties Non-standard construction refers […]

Together’s director of intermediaries promoting flexible commercial finance options

Together and Landbay lower BTL mortgage rates

16th September 2024

Two specialist lenders, Together and Landbay, have announced rate cuts on their mortgage products, offering relief to landlords and investors. Together has lowered rates on its unregulated bridging loans, designed to help borrowers buy or renovate residential property. The new rates apply to loans of more than £100,000, with variable rates on first charge loans […]