Page 166 – Property118
Multiple estate agent boards showing properties for sale, sold, and to let in a UK street.

Property market sees increased activity – Rightmove

16th September 2024

The traditionally busier autumn property market appears to have started early, Rightmove reveals. The property platform says that many buyers and sellers have spotted a window of opportunity to act as mortgage rates trend downwards and property choice increases. The number of sales being agreed is up by 27% year on year, a strong rebound […]

Colourful row of house icons representing Section 8 grounds for possession in the Renters’ Rights Bill 2024

Section 8 Renters’ Rights Bill 2024?

16th September 2024

Proposed Section 8 Grounds for possession (Interestingly there is no Ground 16! Personally I think Landlords should be writing to their MPs stating that Grounds 11, 12, 13, 14, 15 & 17 should be made mandatory grounds for possession) https://www.gov.uk/government/publications/guide-to-the-renters-rights-bill/82ffc7fb-64b0-4af5-a72e-c24701a5f12a Mandatory grounds 1 Occupation by landlord or family The landlord or their close family member […]

Professional woman standing outdoors, illustrating commentary on pressures facing renters and landlords

Renters hit hardest as landlords sell up ahead of potential capital gains tax hike

16th September 2024

Renters are paying the price as demand becomes scarce and costs rise, says Hargreaves Lansdown. The firm reveals that many landlords are selling off properties due to fears of a potential capital gains tax increase in the upcoming October budget, while tenants are now spending a significantly larger portion of their income on rent. The […]

Couple arguing on a sofa during a tense relationship breakdown relevant to tenancy issues

What are a landlord’s responsibilities when a tenant couple splits up?

16th September 2024

Hi, I’m sure this isn’t a unique situation as it happens all the time, but could anyone kindly shed some light on my situation? I have a tenant couple with two young children. Sadly, they are now no longer in a relationship and it has turned rather bitter. They have been exemplary tenants over the […]

Woman in red dress smiling while seated in an office chair.

North-South rent gap narrows to lowest point in a decade

16th September 2024

The gap between rents in the North and South of England has narrowed to its closest point in more than a decade, research from Hamptons reveals. Last month, the average rent in the South cost 37% or £357 per month more than in the North, the lowest figure since records began in 2013. This gap […]

Line of stylised figures rushing toward an exit, symbolising landlords leaving the market

Landlord Exodus: Tough New Rules spark mass Sell-Off

13th September 2024

A mass sell-off is currently underway in the landlord sector, and it only looks set to increase. EPC requirements, The Renters Rights Bill, mounting financial pressures, the list of reasons goes on. No doubt you’ve seen the recent headlines, and if you’re a landlord yourself you’ll be forgiven for thinking that the worst is yet […]

Renters’ Rights Bill guide text on colourful wooden blocks

A landlord’s guide to the Renters’ Rights Bill

13th September 2024

The Labour government’s announcement of the Renters’ Rights Bill is proposing the biggest shake-up of England’s private rented sector in England for 36 years. The Bill, which Labour claims is aimed at improving security and stability for tenants, introduces a raft of changes that landlords need to be aware of. Among the most controversial are […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Renter’s Rights Bill: A disaster for tenants?

13th September 2024

Have you recovered yet? As a landlord, the Renters’ Rights Bill is NOT designed to help renters – it is clearly designed to damage the private rented sector. Potentially, fatally. If you are a tenant, a politician or work for the likes of Shelter or Generation Rent, then you’ll need to start polishing your excuses […]

Property expert promoting training on acquiring property without mortgages

How to profit whilst everyone else is sitting back and waiting

13th September 2024

There is massive uncertainty about what the new Labour government might do in the private rental sector, and so many landlords are selling up, but at the same time, many investors are sitting back and waiting to see what happens. This means that, right now, there is a huge opportunity for you because there are […]

Thumbnail promoting a discussion on strategies for creating the perfect property deal

What makes the perfect property deal?

13th September 2024

Unlock the secrets to executing the perfect property deal with expert insights from seasoned investors! In today’s episode of “Property Answers,” Ranjan Bhattacharya and John Howard dive deep into the strategies that define success in property investment. Whether you’re a pro at back-to-back deals or a long-term rental strategist, understanding your exit strategies, minimizing risks, […]

Ant crawling through kitchen debris highlighting infestation and hygiene issues in rental properties

Ants and Mould: A Landlord’s Nightmare or Tenant’s Responsibility?

13th September 2024

So, Sir Keir Starmer has had some stern words for Labour MP Jas Athwal over complaints of ant infestations and black mould in his rental properties. While nobody enjoys dealing with these nuisances, should landlords always be held accountable? Let’s explore the balance of responsibility. Ants – The Uninvited Guests We’ve all been there—one day […]

Business professional in suit representing new BTL mortgage product launches

Paragon launches £750 cashback offer and new fee option

13th September 2024

Paragon Bank has boosted its range of five-year fixed-rate buy to let mortgages with new 3% fee options and £750 cashback added to all five-year purchase and remortgage fixed-rate products. The addition of 3% fee products to Paragon’s range of five-year fixes means that the bank now offers 3%, 5% and nil fee options at […]

Home with energy rating label illustrating need for efficiency upgrades in PRS properties

Two-thirds of PRS homes need energy efficiency upgrades

13th September 2024

The cost to upgrade homes in the private rented sector (PRS) to meet an energy performance certificate rating of C by 2030 will be £8.3bn. According to data science firm Outra, two-thirds of rented homes – that’s around 2.4 million properties – in England, Scotland and Wales will need to be upgraded. The regional breakdown […]

Key resting on tenancy agreement paperwork relating to a rental arrangement for multiple occupants

How should I rent to my Latvian friends?

13th September 2024

I have Latvian tenants/friends renting a 3-bed semi-detached property for the past year. They passed all security and Right to Rent etc. These clients/friends are fairly wealthy with their main residence being in Latvia and owning at least one or two other properties around the world along with several in their own Country. On what […]

Frustrated tenants discussing tenancy concerns with a letting agent

Pushy agent wanting guests to be included onto the tenancy agreement?

13th September 2024

Hi all, what do you think about tenants having overnight guests. The AST doesn’t say anything about this. The tenant refused landlord access last weekend (to fit an additional Carbon Monoxide detector) all was agreed beforehand, he did say he mixed up the timings and his girlfriend and baby were upstairs in bed. This is […]

Handshake symbolising agreement on rental sector reform with a model house in the foreground

Landlord organisation proposes Tenant-Landlord Partnership Bill to tackle rental crisis

13th September 2024

A landlord organisation is urging the Labour government to avoid taking “a piecemeal view of housing” and address the rental crisis head-on. iHowz is presenting its proposals to MPs and Lords on what the rental sector needs, including a new Tenant-Landlord Partnership Bill. iHowz’s proposals include fair taxation for landlords and retaining fixed-term tenancies. Successive […]

Smiling business professional sitting confidently in a modern office setting

21 tenants chase every rental home – Zoopla

13th September 2024

The UK’s private rented sector (PRS) continues to be plagued by a chronic shortage of available properties, driving rents to new heights, Zoopla reports. Its rental market analysis reveals that the number of homes for rent remains 24% below pre-pandemic levels, while demand remains robust. Despite a slight decline in rental demand compared to the […]

Remote worker using a laptop in a bright live-work rental space designed for short-term flexibility

Live-Work Spaces: A New Frontier for Short-Term Letting in the Gig Economy

13th September 2024

One minute, tenants are obsessed with open-plan kitchens; the next, they’re crying out for energy-efficient windows. But here’s the latest curveball: gig economy workers looking for flexible, short-term live-work spaces. And trust me, these aren’t your average tenants—they don’t want a 12-month contract, a chipped teapot in the kitchen cupboard, or an avocado bathroom suite. […]

silhouette with flag atop hill symbolising property investment success above houses and stacked coins

Meet Landlord 4: Adam’s Story – Scaling Up Smart and Strategically

12th September 2024

In the original Great Landlord Debate article, we explored three very different approaches to the UK property market. One landlord was ready to exit, frustrated by rising taxes and regulations. Another was flourishing, using smart strategies like Family Investment Companies (FICs) to thrive, while a third was considering a comeback after selling up and pondering […]

Business professional in blue suit representing NRLA leadership on housing crisis.

Ben Beadle claims Renters’ Rights Bill’s Section 21 Ban is “not a big change”

12th September 2024

Ben Beadle claims removing Section 21 will not be “a significant change for landlords.” In an interview with BBC Radio 4 Today Programme, the chief executive of the National Residential Landlords Association, said: “It’s unreasonable for landlords to issue a Section 21 without a decent reason.” His comments come after the Renters’ Rights Bill which […]

To let sign outside a residential property reflecting changing BTL mortgage rates

Fleet and TMW both announce lower BTL rates

12th September 2024

Fleet Mortgages has announced more rate cuts on a range of mortgages for both standard and limited company borrowers. The reductions, ranging from 0.15% to 0.3%, apply to both two- and five-year fixed-rate products with a 75% loan-to-value (LTV) ratio. For example, the two-year fixed-rate mortgage with a 3% fee has seen its interest rate […]