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Landlords and the General Election: Who should we vote for?

24th May 2024

Rishi Sunak’s surprise announcement to call a General Election might turn out to be one of the best political gambles of modern times but where will landlords stand? None of the parties have been kind to landlords in recent years, so I don’t expect that will change before July 4. So, here’s my message to […]

Renters (Reform) Bill declared ‘Dead’ ahead of General Election

24th May 2024

The Renters (Reform) Bill is dead, according to various tenant groups. The Renters (Reform) Coalition and Generation Rent, say the Renters (Reform) Bill is unlikely to pass before the General Election. However, the Leasehold and Freehold Reform Bill will be debated in the House of Lords today. Renters (Reform) Bill is dead In an update […]

How to Double Commercial Property Value: Case Study Site Tour

24th May 2024

Discover how to double the value of your commercial property with Ranjan’s expert tips! In this video, Ranjan takes us through a commercial site he’s currently converting, highlighting simple and logical changes that make the space significantly more valuable and attractive to potential tenants. Learn how to use strategic layout adjustments to transform your property […]

£1 in every £14 lent is for BTL – the pendulum has gone too far

24th May 2024

A couple of days ago I shared an article from the Telegraph entitled “160,000 rental properties disappear as landlords sell up” – with some commentary that has had a fair few thousand impressions on social media, including a couple of thousand views on my YouTube channel on my video on the subject (that’s a big […]

Rent arrears claim post Deed of Surrender?

24th May 2024

Hi Everyone, My ex-tenants and I have signed a deed of surrender which reads: “The Tenant hereby surrenders and releases to the landlord all their interests in the Property with vacant possession and the Landlord herby accepts the surrender. The parties have signed and executed this document as a deed on the above date.” I […]

Repayment of stolen management fees a condition of sale?

24th May 2024

There are 6 freehold properties all equally own a shared drive and communal land. Membership of the management company is a condition of purchase of any of the 6 properties. One property is now for sale and the joint owner of that property got access to the management company bank account and emptied it? Can […]

Property expert discussing landlord sentiment after stamp duty increase

Crossrail stations offer a haven for London’s house prices

24th May 2024

While London has seen house prices fall in the past two years, properties near Crossrail stations have shown some growth, one estate agency says. Benham and Reeves say the stations offer a surprising bright spot in the capital’s property market On average, house prices near Crossrail stations have risen 3.3% since the Elizabeth Line opened […]

Paragon Bank, PRS,

Tenant demand is soaring in the UK – Paragon

24th May 2024

Tenant demand across the UK’s private rented sector (PRS) is soaring but there’s a huge imbalance between supply and demand, a survey reveals. According to Paragon Bank, there are very few landlords experiencing weak interest currently. Nearly 800 landlords were questioned and a staggering 83% of them reported strong tenant demand in the first quarter […]

Conveyancing Solicitors missed simple basic checks?

24th May 2024

I have been made aware during the proposed sale of the building I own, that planning permission was granted for conversion to form 5 flats and 2 shops in 1995. However, in reality, there are only 4 flats and 2 shops, after the works Mr A sold the building to Mr B in 2001, and […]

Allison Thompson of LRG discussing rising demand for accessible rental housing

Landlords call for tenant credit checks and faster evictions

24th May 2024

Landlords want to see stricter measures to ensure tenants meet their financial obligations as 70% support linking rent arrears to credit ratings to deter late payments, a survey reveals. The findings from Leaders Romans Group (LRG) found that financial concerns are a major landlord worry in England with rising mortgage rates, increased taxes and maintenance […]

Snap Election – YIKES!

23rd May 2024

So – many of us thought that we were nailed on for a late 2024 election. Sunak hanging on by the fingernails. Polling is terrible (things can change, of course). There are a few theories why: He fancies a long summer holiday (only half joking, but who could blame him if this were true). Things […]

Renters Reform Bill 2024: Key Changes and Impact on Landlords and Property Investors

23rd May 2024

In this video, Ranjan Bhattacharya provide a comprehensive overview of the Renters Reform Bill 2024 and its potential effects on landlords and property investors. We discuss the major changes announced, including the abolition of ‘no-fault’ evictions, new minimum standards for rental properties, and increased tenant rights. Learn what these reforms mean for your rental business […]

Charity calls for stronger protections in Renters (Reform) Bill as renter costs soar

23rd May 2024

The Renters (Reform) Bill, currently making its way through the House of Lords, doesn’t go far enough to address the growing financial strain on private renters, the debt charity StepChange warns. It says the cost of renting in the UK has become increasingly unaffordable and points to new figures from the Office for National Statistics […]

pic of a to let board as tenants face higher rents when challenging a rent rise property118

Landlords see a surge in demand as less choice pushes up rents

23rd May 2024

Landlords have seen a surge in tenant demand with tenants chasing fewer properties in the private rented sector (PRS), a survey reveals. The research by bridging broker Finbri found that 71% of landlords saw higher demand last year. Tenant demand is outstripping supply and landlords with two-bed rental properties are on the market for 10 […]

Landlord and agent General Election votes are still ‘up for grabs’

22nd May 2024

There’s a large proportion of property professionals who say they are yet to decide their political vote for the upcoming General Election, a survey reveals. The research from Goodlord and the National Residential Landlords Association (NRLA) of more than 1,000 participants, comes as the Prime Minister, Rishi Sunak, announced there would be an election on […]

Legal Eagle required for council approved rent to rent contract?

22nd May 2024

I am looking for a solicitor well versed in looking at commercial contracts with a property owner and a rent to rent company. Due to Selective Licensing (SL) occupancy restrictions, I am finding it increasingly difficult to find tenants required (one family-sized unit) for a large property that has recently been fully renovated. The council […]

Rental property sign outside a house highlighting UK housing supply shortage and rent rise concerns

UK rent growth slows after reaching record high – ONS

22nd May 2024

The UK’s rent inflation is slowing down as average private rents grew by 8.9% in the year to April – down from a record high of 9.2% in March, the Office for National Statistics (ONS) reports. This is the first time the annual rent inflation rate has eased since December 2023. Despite the slowdown, rents […]

landlord insurance

Why comparison websites might not be your best bet for landlord insurance

22nd May 2024

When you are looking for a landlord insurance policy, you may look at one of the big-name comparison websites. While these can be a good starting point, they may not be the best way to find the right insurance policy. Saving a couple of pounds may be a false economy if you ever need to […]

Man reviewing tenant issue at desk with documents and laptop

Adult son left in property after tenant moved out?

22nd May 2024

Hello, I am looking for advice from Property118 readers, I issued a Section 8 notice to my tenant, who has since vacated the property. However, the tenant’s adult son, who is not listed on the tenancy agreement, still remains in the property which is causing me huge amounts of stress. I am struggling with options […]

Landlords Boiler Cover and Gas Safety Certificates Package

Do I need to provide a gas safety certificate after my lease ends?

22nd May 2024

Hi, I decided to rent my property through one of these guarantee rent agencies (who have contracts with the local council). I entered into a lease agreement with them for one year with the end date being the 5th of June. I also provided them with a gas safety certificate that ends on the 5th […]

professional headshot of a man representing commentary on UK tenants facing upfront rent pressures

Tenants struggle to find new homes as rents rise

22nd May 2024

Half of all tenants who moved in the past year say they faced difficulties finding a new property to rent which is an 8% increase from the previous year, research reveals. According to The Deposit Protection Service (DPS), the research suggests a tough market for renters, particularly younger tenants and those who are unemployed. It […]