Page 167 – Property118

What changes could the Autumn Budget bring for landlords?

23rd September 2024

Hi, I have a couple of BTL properties which I purchased/invested in as a result of redundancies etc. (won’t bore you with detail). However, I keep hearing rumours of significant impacts proposed on landlords by the new government, maybe at the Autumn budget such as aligning capital gains tax with income tax? What do readers […]

Sticky notes with simple house sketches surrounding a note labelled “Buy To Let,” representing buy-to-let property investing.

The Basics of Buy-To-Let Property Investing

23rd September 2024

Are you curious about the fundamentals of buy-to-let investing? If so, you’re in the right place! This article will guide you through the essential steps to get started on your property investment journey. What is Buy-To-Let? Buy-to-let is a property investment strategy where you purchase a residential property, such as a house or apartment, with […]

Eviction notice concept with house icon over money and calendar background.

No fault evictions? You are having a laugh!

23rd September 2024

I just finished my second no fault eviction in 20 years. It came after three attempts of evicting the same tenant using section 8 (discretionary grounds) over a two year period. The Section 8 failed because the unscrupulous tenant gave the judge false information so he wouldn’t evict. Meanwhile I had to put up with […]

Gas hob burner with blue flame during operation, relating to gas safety checks after appliance repairs

Do I need a new gas safety certificate after repairs?

23rd September 2024

Hi, I need some advice regarding a failed gas safety certificate on a boiler and the hob on my rental property. I have Home Serve cover and I organised a British Gas engineer to carry out a gas safety inspection on a property which unfortunately failed. I have since had the boiler repaired and the […]

Campaign demands one million social homes as people struggle with damp and mould

23rd September 2024

Crisis and Lloyds Bank are calling for one million social homes over the next decade to end homelessness. The charity and the bank have partnered up on a campaign to show the realities of people waiting for a social home. The campaign says many people are forced to live in accommodation “not fit for purpose” […]

EPC rating chart and buy-to-let mortgage concept promoting Fleet Mortgages’ newly reduced EPC A–C product rates

Fleet Mortgages cuts rates and relaunches EPC A-C products for landlords

23rd September 2024

A buy-to-let lender has slashed rates and relaunched products for landlords buying or refinancing properties with an EPC rating of A-C, including cuts on five-year fixed deals. Fleet Mortgages has relaunched its products to encourage landlords to add higher EPC-rated properties to their portfolios and help fund upgrades for properties that don’t yet meet these […]

Toy chattering teeth gripping UK banknotes to illustrate disputed letting agent fees

Is my letting agent stealing fees they haven’t earned?

23rd September 2024

In Covid times my letting agent found tenants willing to rent at £1500 pcm for 12 months, who passed referencing and signed on the dotted line. So the letting fee and monthly ongoing property management fees were due, according to our Confirmation of Marketing agreement. The Rent Insurance was also due monthly. In the 10th […]

Rising housing market illustrated with sold sign, Savills branding and upward trend graphic in a neighbourhood scene

Housing market rebounds with £88bn surge as first-time buyers lead the way

23rd September 2024

The UK housing market has bounced back, with £88.3bn spent on property purchases in the second quarter of 2024, according to Savills. This pushed total spending over the past year to more than £350bn, slightly above pre-pandemic levels. The £88bn figure represents an 8% jump compared to the same time last year. Expect to see […]

HMRC documents viewed through glasses with a pen nearby, illustrating property tax implications

The 54.4% property wealth tax no one talks about?

23rd September 2024

Amongst all the speculation in the media about expected rises in Capital Gains Tax (CGT) and Inheritance Tax (IHT), I’ve been surprised and frustrated that none of the pundits have realised that for unincorporated landlords (and some second home owners) whose wealth is in their properties, CGT and IHT can combine to create a 54.4% […]

Landlord sitting at a construction site reflecting on challenges in today’s property market

‘I’m Selling 35 Homes’: Landlords Struggling, but Public Says ‘Good Riddance’

20th September 2024

It’s a tough time for landlords, with new legislations, CGT tax rises, incorporation challenges, EPC requirements, The Renters Rights Bill and mounting financial pressures, there’s no surprise that many landlords are looking to sell. Yet for the British public, more often than not, landlords are villainised as “deserving” of losing the assets they’ve worked hard […]

Model house with a “For Sale” sign and keys against the Scottish flag, illustrating landlord sell-offs under new housing legislation

Scottish legislation drives landlords to sell up

20th September 2024

Legislation in Scotland’s private rented sector has led to more landlords selling their properties and has done little to improve affordability, according to a new study. The research by Indigo House, funded by the Nationwide Foundation, reveals that 70% of landlords and letting agents lack confidence in the future of the sector. The Scottish government […]

UK virtual property exhibition promo banner for September 21st 2024 featuring eight industry experts

The virtual property exhibition is back!

20th September 2024

This final quarter of 2024, is probably going to be one of the best buying opportunities of the decade, and most property investors are going to completely miss out on it.  To help make sure you are fully up to date with what is happening in the UK property market, and ready to make the […]

Council leader speaking on housing reform in front of stained-glass backdrop

Council calls for ban on no-fault evictions amid housing crisis

20th September 2024

A council warns more people could be pushed into temporary accommodation without urgent action from the government. Colchester City Council has written to Deputy Prime Minister and Housing Secretary Angela Rayner urging the government to take action to tackle the housing crisis. The council is calling on the government to ban no-fault evictions and offer […]

3D figure standing beside a large gold pound symbol, representing unexpected property costs

Seller fails to disclose future work on flat?

20th September 2024

Hi All, I would like to give you a little background first, my foster child at 20 bought his first last year, and I helped with all aspects of the sale etc. As you can imagine it was a proud moment for us all. 3 months after he got the keys he received a letter […]

Students relaxing and studying in a shared rental home, highlighting concerns around rent insurance and rising student rents.

Renters’ Rights Bill could drive up student rents

20th September 2024

Student landlords face chaos under Labour as many could be forced to take out rental insurance to cover the cost of rent arrears. The Telegraph says the Renters’ Rights Bill will stop tenants from paying more than one month’s rent upfront. This poses a problem since most students pay their rent in instalments that align […]

Sold home beside rising market trend graphic illustrating post-Budget property activity

October budget could boost property market – GetAgent

20th September 2024

The Autumn budget could bring a boost to the property market, according to one estate agent. According to estate agent comparison website GetAgent.co.uk, the property market has seen a recent uptick in activity, and a post-Budget boost could arrive in October, as buyer numbers have historically risen after the last nine budget statements. GetAgent analysed […]

Dollhouse exhibit illustrating cramped and unsafe conditions faced by children in temporary accommodation

IKEA and Shelter unveil Dollhouse highlighting realities of temporary accommodation

20th September 2024

IKEA and Shelter have teamed up to reveal a children’s dollhouse designed to illustrate the realities faced by children living in temporary accommodation. The housing charity claims that “rising evictions and sky-high rents are forcing more families into homelessness and temporary accommodation”. Alongside the launch of the ‘Unwelcome Dollhouse,’ Shelter and IKEA have issued an […]

Tyne Bridge overlooking Newcastle, setting for the upcoming GB Landlords property conference

Major Landlord event outside London

20th September 2024

GB Landlords are to host a large-scale property event in Newcastle This is a free event offering insight and advice for North East property professionals is taking place in Newcastle this month, following on from the success of last year’s event. Taking place on Thursday 26th September at the Britannia Airport Hotel, the GB Landlords […]

House model on architectural plans illustrating building regulation considerations

Does Part E of building regulations apply to soundproofing in an old converted flat?

20th September 2024

Dear all, I am seeking any information/experience regarding the application’s scope of part E of building regulation (sound proofing) for an old converted flat (two levels). A complete refurbishment has been undertaken in the 1st floor flat, following the passing of the previous tenant who had lived there under a regulated tenancy for over 50 […]

Lendlord logo representing property finance and landlord tools.

Bridging Loans for Property Development: A Comprehensive Guide

19th September 2024

In the world of property development, timing is everything. Whether you’re acquiring a new site, completing a refurbishment, or waiting for long-term financing to come through, access to quick funding can make or break a project. This is where bridging loans come into play. Bridging loans are short-term financing solutions designed to bridge the gap […]

Bank of England emblem symbolising decision to hold the Base Rate at 5%

Bank of England votes 8-1 to keep Base Rate at 5%

19th September 2024

Despite the US Federal Reserve yesterday deciding to lower the target range for the federal funds by 0.5% (to a range of 4.75% to 5%) leaving more headroom, the Bank of England’s Monetary Policy Committee (MPC) voted 8-1 to maintain the Base Rate at 5%. The one dissenting MPC member preferred to reduce Bank Rate […]