A new lobbying group of industry leaders has warned that the Scottish Housing Bill will create uncertainty and hamper investment. The More Homes More Quickly Group, representing private rented housing providers across Scotland, told the Herald newspaper that some aspects of the Bill could face a “potential legal challenge.” The Scottish Housing Bill aims to […]

Buy to let landlords are increasingly opting for the stability of five-year fixed rate mortgages, research from Landbay reveals. The lender’s survey found that 71% of landlords plan to choose a five-year fixed rate when they next remortgage, a significant rise from 49% last year. This preference for longer-term certainty contrasts with a decline in […]

Hi, I have a friend who has had too many bad experiences with letting agents and sick to the back teeth of them not doing what he pays them to do. He has approached me to look after and manage his property on his behalf – exactly on the same basis he would employ an […]

Britain’s largest housing association has been slammed by the Housing Ombudsman for failing to fix a faulty window for four years. Clarion Housing Association left a child’s bedroom window boarded up for four years which caused damp and mould in the property. The Housing Ombudsman report is part of a series on severe maladministration of […]

In this video, Ranjan Bhattacharya dives into the potential consequences of equalizing Capital Gains Tax (CGT) with income tax and why this policy could be disastrous for property investors. We explore the impact on the property market, the possible decline in investment incentives, and what this change could mean for both new and seasoned investors. […]

‘Buy to Let by Foundation’, the BTL brand of specialist lender, Foundation Home Loans, has revealed lower rates across its core buy to let product range by up to 30 basis points (bps). This follows price reductions announced last week on their ‘Specials’ offerings. The latest cuts impact a wide variety of mortgages, catering to […]

A landlord law expert has blasted four council housing providers for avoiding hefty penalties despite severe safety breaches which would bankrupt private landlords. Phil Turtle, a director of Landlord Licensing & Defence, is furious that Brighton and Hove City Council, London Borough of Hackney, South Derbyshire District Council, and Ashford Borough Council escaped punishment for […]

The average private rent in the UK surged by 8.6% in the 12 months to July 2024 and house prices rose by 2.7%, to £288,000, the Office for National Statistics (ONS) reveals. Its latest rent and house price index shows that there’s no change from June’s rent rise which remains below the peak of 9.1% […]

Rent arrears have surged by a staggering 30% year-on-year, according to new data Deposit alternative provider Reposit reveals the average claim for rent arrears hit £2,092 in the second quarter of 2024. This marks a 15% rise from £1,816 in Q1 2024 and a 31% increase from £1,594 in the same period last year. UK […]

Hi, I have a property with eight flats, including the one I live in. I used to do holiday lettings, but due too my age (76) and less holiday makers, I have decided to let them on a six month assured tenancy. The property is listed on the Valuation Office Agency (VOA) as Holiday Lettings […]

Hi, I have a tenant in my apartment and he has been withholding the rent for two months, despite our best efforts to resolve a complaint that he raised. The problem has been, that both my managing agent and the workman have had difficulty contacting him to arrange a visit. We have also placed the […]

Hi, I have finally got a court order against my ex-tenants after nine months of struggle, they owe me over nine months rent, not to count the damages done to my house. However, they moved out before the bailiffs could be instructed from a previous court order to evict them. The court order is addressed […]

Hello everyone, I took on a rent-to-rent (R2R) unit in June through a property sourcer based in London. The sourcer promised hands-off management with a 14% + VAT fee. However, the data presented by the sourcer hasn’t matched reality, and I’m losing about £800 per month. There are no bookings for September and October, so […]

Hi, I bought a share of a freehold flat, there are two flats, and my co-freeholder lives downstairs. We both bought the flats at the same time but they moved in two months before us. Our lease states the following about pets: *No birds, dogs or other animals which may cause annoyance to any owner […]

Just when landlords thought it could not get any worse, it seems it has! It’s all over the news that Labour is planning to deliver the final hammer-blow to landlords. There is some uncertainty to what it actually means in practice until the details are written down but could the proposed hardship test mean even […]

A landlord is blaming selective licensing and universal credit errors as a “recipe for disaster” that are causing tenants to become homeless. According to government data, landlords asking tenants to move out is the leading cause of homelessness in Nottinghamshire. Mick Roberts, one of Nottingham’s largest landlords for housing benefit tenants over the past 27 […]

The National Residential Landlords Association (NRLA) is warning the Labour government that a third of private landlords could sell up if rent controls are imposed on the private rented sector (PRS). It points to a study it carried out which found that in the second quarter of the year, 82% of landlords in England and […]

Hi, I was left a property around 3 years ago with a sitting tenant which I self manage. In the 15 years the tenant has lived there, he has barely complained and always paid his rent on time. In return, he has been left well alone and his rent is below the market value. Unfortunately, […]

There are 129 locations where rent prices have climbed while house prices stagnated or declined, creating exceptional property investment opportunities, research reveals. These emerging hotspots are scattered across the country, with notable examples including Brent, Hammersmith and Fulham, and Westminster in London. There are also good performance levels in Salford and Burnley in the North […]

Hi, I am intending to rent out two rooms in my residential home with access to the lounge, kitchen, diner and bathrooms. Rent will include all utilities, council tax etc. I am not there the bulk of the time as I’m out and about in my RV, but will retain my own bedroom and it […]

Renters’ confidence drops as many struggle to afford their energy bills, according to a new study. A survey by NatWest reveals that 18% of renters feel “much less confident” about affording their current energy bills. Labour has demanded all landlords must meet EPC C targets by 2030. Landlords raising rents According to the survey, 18% […]