Page 200 – Property118
Neil Cobbold discusses impact of Renters’ Rights Bill on letting agents

Half of tenants forced out by landlords selling up – survey

16th May 2024

A landlord sell-off is a major driver of tenant moves after 50% of property professionals said that was the main reason for renters moving home last year, a survey has found. According to PayProp, this is a growing concern – and something that campaign group Generation Rent has highlighted recently. Just 11.3% of those surveyed […]

Pic of leasehold vs freehold can a landlord be both property118

Leasehold house query?

16th May 2024

Hello, As the title of this thread suggests, I have a leasehold query. My query is my uncle has a leasehold house with around 800 years left and with no conditions attached to the lease so all fine and dandy that end (the lease states merely £2 plus insurance rent (whatever that means) only. The […]

Manni Chopra

Property Investors Awards – Property Development of the Year (above £1 million)

16th May 2024

With a combined experience of more than 26 years in property, husband and wife team Manni and Romey Chopra have transformed the property world. In 2016, the Chopra Property Group was born and since then they have won numerous awards in the industry and have now achieved Property Development of the Year (above £1 million) […]

pic of tenancy agreement landlord did not take a deposit question property118

Deposit return when the married name hasn’t been added?

16th May 2024

Hello, My property was rented to an individual who paid the initial deposit which sits in a holding account. In December last year, we added her new husband to the rental contract and changed contract to new married surname. We did not amend details on deposit being held. She has since spit from her husband […]

The chief executive of flatfair, Gary Wright

Flatfair sees record uptake as tenant deposit alternative gains traction

16th May 2024

Deposit alternative provider flatfair is celebrating a record-breaking first quarter of 2024, with a significant rise in tenants choosing its No Deposit option. The firm says the surge is down to the increasing affordability challenges facing tenants because of rising rents. From January to March, flatfair says it recorded its highest figure to date as […]

CGT Question – Can I claim capital costs without receipts?

15th May 2024

I am selling a buy to let property that I did a £100,000 extension on 15 years ago. Can I claim this as a capital cost on my CGT return even though I no longer have the receipts? Also, can I include the SDLT I paid at the time, which I don’t have any documentation […]

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

Landlords quitting is the biggest threat to renters – NRLA

15th May 2024

As the House of Lords gears up to debate the Renters (Reform) Bill today, they are being warned that landlords selling their properties is the biggest challenge facing renters in the UK. That’s according to the National Residential Landlords Association (NRLA) is pointing to government figures. The data reveals that 45% of households that needed […]

Student landlord periodic tenancies agents property118.com

Rent issues in student rental agreement?

15th May 2024

Hi, hopefully Property118 readers can provide some advice. My daughter is a tenant (of 4) in a student rental where one of the students has not paid any of their rent (now 7 months into a 12 month agreement). The tenant in question told the other flatmates and the agent that she had paid in […]

Hidden Gems From My 35 Year Property Investment Journey

15th May 2024

For me, property investment has been a cornerstone of an international lifestyle I had planned and worked hard to achieve for decades. The security of a steady income stream through rental profits and long-term capital appreciation was always a powerful motivator. However, for me, the joy of property investment has transcended the financial advantages. There […]

pic of guarantor note for a tenant landlord property118

Should I contact the guarantor, prior to the eviction?

15th May 2024

Hi everybody, Can anybody help? I’ve issued a section 21 notice and a section 8 notice for non-payment of rent simultaneously. My tenant owes £3,500 currently. They have a guarantor (I’m not holding much hope). My question is this. Can I write to the guarantor ahead of the eviction date? And let them know that they’re on […]

landlord news scotland short term lets poperty118.com

Holiday home hotspots revealed as FHL scheme faces axe

15th May 2024

The UK government’s decision to abolish the furnished holiday lettings (FHL) regime has led one firm to identify the areas most likely to be impacted. The study by Howden Insurance, using data from the Office for National Statistics (ONS), unveils those holiday home hotspots across England and Wales. The Isles of Scilly takes the crown […]

pic of tenements in Glasgow landlords tenants Scottish government property118

Scotland’s housing market rebounds with price rises

15th May 2024

House prices in Scotland have bounced back to record their strongest growth in over a year, one index reveals. The data from chartered surveyors Walker Fraser Steele found that after a five-month decline, prices rose 1.4% in March. That beat expectations and was higher than the price trends seen in England and Wales. The average […]

Property expert discussing landlord sentiment after stamp duty increase

London’s rents soar – Scotland is close behind

15th May 2024

London is leading the UK in rent price growth, with rents surging by an average of 11.2% over the past year, one analysis reveals. The figures from lettings agent, Benham and Reeves, which looked at data from the Office for National Statistics (ONS), found that rents across Britain have risen by 9.1% on average. In […]

Experts warn of Renters (Reform) Bill eviction loophole

14th May 2024

Private rented sector experts have identified a loophole in the Renters (Reform) Bill that could lead to a confusing patchwork system for landlords and tenants over evictions. The Bill, which aims to abolish Section 21 ‘no-fault’ evictions might not deliver on this promise. That’s according to Oli Sherlock, the managing director of insurance at Goodlord, […]

eviction notice opened envelope landlords property118.com

This Section 21 court case appeal could impact ALL landlords

14th May 2024

A landmark court case could throw a spanner into how landlords handle tenant communication after the Court of Appeal agreed to hear a second appeal in the case of D’Aubigny v Khan. The case hinges on whether crucial documents can be legally served by post. The tenant argues they never received essential paperwork, including an […]

Custom Clauses For Assured Shorthold Tenancy?

14th May 2024

I’m about to renew an AST and wanted to know if any landlords on this wonderful forum have added any custom clauses to their AST’s that is not obvious/standard? Out of interest, I normally add the following to my AST’s: Custom Clause 1. No dogs are permitted at the property. One (1) cat may be […]

AI Reveals Surprising Upsides Amidst Market Shifts! ?

14th May 2024

1) Supply squeeze pushing up rents, 2) predicted interest rate drops to provide landlords with a double boost, 3) how landlords are benefitting from PropTech and open banking, 4) more reasons for landlord optimism. You’ve probably noticed the eye-catching image that kicks off this article—a cheeky scene of a businessman riding a flying pig high […]

Stressed landlord reviewing bills and finances with calculator on desk

Landlords blame tax burden and costs for rising rents – Propertymark

14th May 2024

Landlords are pointing to tax changes, rising costs and a challenging economic environment for the continuing rise in rents, Propertymark says. It has spoken to landlords after the Office for National Statistics revealed that rents grew by 6.1% in England, 7% in Wales and 6.8% in Scotland in the year to January. Now Propertymark is […]

Landbay's sales and distribution director, Rob Stanton wearing a light blue suit and white shirt

Landbay reduces stress test requirements for BTL remortgages

14th May 2024

Landbay has streamlined its like-for-like remortgage products for buy to let landlords by simplifying its affordability checks and offering lower interest rates. Landlords looking to remortgage without increasing their borrowing amount can benefit from the lender’s revised stress test criteria. Instead of the usual calculation that factors in a 2% interest rate hike on top […]