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 […]

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 […]

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 […]

Navigating the process of applying for government grants for property improvements as a landlord can be challenging. One of the biggest obstacles is finding contractors who not only perform the necessary work but also have the expertise to guide you through the grant application process. With various grants now available, particularly for energy efficiency and […]

Discover the real impact of a £2 Billion Tax Drop on landlords and what it means for you as a savvy property investor! In this engaging episode, Ranjan Bhattacharya and Andrew Roberts deep dive into the latest property news, revealing key shifts in the property market that are shaping the future of investments. Key insights […]

The UK’s housing market is showing signs of recovery, according to the latest RICS residential survey for August – but renters are seeing costs rise. The organisation says that a decline in mortgage interest rates has boosted buyer demand and sales activity, with industry professionals expecting further growth in the coming months. The survey found […]

Hi everyone, I provided a properly worded legal letter to my management company agent, authorising them to contact my lender for payment. The agent chose to hold onto this letter and is now threatening to pass the case to their solicitors for recovery after six months. Shouldn’t they follow the Pre-Action Protocol before taking legal […]

Hi, I have let my property to a Housing Association for about 10 years. They have not been paying me rent for the last 8 months. I have called and emailed them many times. They are not replying to my messages. I have been to their office on many occasions, but it is always closed. […]

Hi all, please can you offer some suggestions. My tenant does not respond to emails or telephone calls very often and when he does it’s always difficult to arrange a convenient day/time, even for external work. There are numerous issues at the property including holes in the wall, dog without permission and other property changes. […]

Generation Rent claims “landlords are snatching away more of renters wages” as rent prices continue to outpace wages. According to the Office of National Statistics (ONS) Rental Price Index, private rents rose by 8.4% in the year to August 2024, outpacing the 5.1% increase in wage growth. Over the same period, rents in England increased […]

We have potential tenants for our 3 bedroom house in Croydon. It’s the director of a company and two of his staff who want a 12 month agreement where they will use the house as their base for their upcoming work in South London. One of the three will live there permanently but the other […]

Hi, my tenants children have all flown the nest. The place is too big for my tenant now, so she wants to get a flatmate rather than move out. I’m worried about how this might work. Will it mean the property becomes an HMO which I don’t want to get involved in. Also how it […]

Rents outside of London are skyrocketing as demand soars in regions that have traditionally been more affordable, says  agency. The latest HomeLet rental index reveals while Greater London remains the most expensive region, with an average rent of £2,148 in August 2024, its annual growth has slowed to just 0.1%. However, regions like the East […]

Tenants moving between rental properties could have thousands of pounds tied up in deposits, according to new research. A study by deposit alternative supplier Reposit reveals that the average cash deposit has risen to £1,345 in August 2024, up from £1,307 in August 2023. When moving, tenants often need to pay a deposit for their […]

As university students prepare to start the next academic year, some students will have to spend a record amount on rent. According to Rightmove, St Albans has been named Great Britain’s most expensive city to rent outside London, with costs 71% above the UK average, at £2,307 per calendar month (pcm). The national average rent […]

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 […]

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 […]

Is the supposed landlord exodus just a myth? In an exclusive interview with Property118, property expert Julie Ford says the doom and gloom of the media is exaggerated and landlords are still continuing to invest in property. Julie also tells Property118 about the risks of e-bike fires and how a few disposable vape batteries led […]

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 […]

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 […]

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, […]