Page 170 – Property118
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 […]

Business leader discussing UK property market outlook amid Budget uncertainty

The PRS is on the verge of ‘collapse’

12th September 2024

The continued attacks on landlords in the private rented sector (PRS) could push the current rental crisis beyond repair, one expert warns. Octane Capital’s chief executive Jonathan Samuels says a planned rise in Capital Gains Tax in the Autumn Budget by Labour could be the final straw for many landlords. He warns that landlords are […]

Landlord wearing a hard hat reviewing a rent tribunal decision inside a poorly maintained rental property

The courts discriminated against me just because I’m a landlord?

12th September 2024

In the UK we rely on a justice system to be fair and equitable, but hope not to use it. I am sad to report more evidence of law driven discrimination against landlords. Whilst a landlord is responsible for their property, the tenant’s right to a quiet life trumps this and tenants can deny a […]

Raised hands in a discussion symbolizing participation and questioning leadership purpose.

Most Brits support Renters’ Rights Bill – Poll

12th September 2024

A poll has found that six in 10 Brits support banning Section 21 ‘no-fault’ evictions under the Renters’ Rights Bill. The government has given the Bill its first reading which will see Section 21 eviction being banned, along with a raft of other measures affecting landlords in England. Respondents were asked by polling firm YouGov, […]

Multi-Generational Housing: A Winning Strategy for Property Developers

11th September 2024

There’s a new buzzword in town, and no, it’s not another fancy coffee or the latest trend in tiny homes. It’s multi-generational living! And while you may have seen families pile into a single house on TV, this trend is now becoming a serious opportunity for property developers. As housing costs rise faster than you […]

Property sector reacts to Renters’ Rights Bill

11th September 2024

The unveiling of the long-awaited Renters’ Rights Bill has led to a strong reaction from the property sector. The Bill looks set to ban Section 21 immediately when the bill becomes law – not when the court backlog has been cleared. Other measures introduced in the Bill will include applying Awaab’s Law to the private […]

Suited government spokesperson discussing reforms to the private rented sector

Landlords have nothing to fear from the Renters’ Rights Bill – Pennycook

11th September 2024

Landlords shouldn’t fear the new Renters’ Rights Bill being introduced to Parliament, the housing minister Matthew Pennycook says. Writing in the Daily Telegraph, he insists that ‘change is long overdue’. He says that the Section 21 means that ‘millions’ of tenants ‘could be uprooted from their home with little notice and minimal justification’. He also […]

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

Renters’ Rights Bill set to be introduced with immediate Section 21 ban

11th September 2024

The Renters’ Rights Bill will be introduced to Parliament today with Section 21 ‘no fault’ evictions set to be banned immediately. Deputy Prime Minister Angela Rayner says the Renters’ Rights Bill will help “protect tenants” and stop unscrupulous landlords tarnishing the reputation of the private rented sector. The Section 21 ban looks set to be […]

Portrait of a business leader in suit and tie

Scottish house prices rise by £5,368 in a year

11th September 2024

The Scottish housing market is showing resilience with average house prices rising by £5,368 over the past year, research reveals. This represents a 2.9% increase, according to analysis by DJ Alexander Ltd. Scotland’s largest lettings and estate agency has used data from the monthly house price index to find that average house prices in Scotland […]