Page 207 – Property118
Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Tenant evictions: It’s time for an uncomfortable conversation

19th April 2024

Dear tenants everywhere, I hope all is well and for the majority of you who don’t know about the Renters (Reform) Bill, that life continues to be sweet. For the few renters who are aware of the upcoming law, you need to know about a growing misunderstanding among politicians, the media and homelessness campaigners about […]

SpareRoom calls for balanced approach in landlord-tenant relations

19th April 2024

In a world where the conversation about landlords and tenants has become increasingly polarised, one platform is calling for more balance. As the largest flat-sharing website in the UK, SpareRoom has witnessed firsthand the evolving landscape of rental housing over the past two decades. The flat-share website is now urging the government to support landlords, […]

Interested in high cash flowing property? This should be your next step

19th April 2024

One of your goals as a property investor should be to acquire High Cash flow generating property, which means that you don’t need many of them to replace your income. Would you like to replace your income in the next 12 to 24 months? Is that even possible, you might ask? Well, yes it is, […]

Renters (Reform) Bill heads for key stage in Parliament

19th April 2024

The Renters (Reform) Bill, designed to shake up the private rental sector (PRS) in England, is nearing a key stage in its passage through Parliament. It is scheduled for its report stage and third reading next Wednesday (April 24), but the Bill has already undergone significant changes. Originally introduced to fulfil a Conservative manifesto pledge, […]

Portrait of a business leader in suit and tie

Scottish rent cap addressed a problem ‘that didn’t exist’

19th April 2024

Scottish private sector rents have risen at a rate in line with inflation over the last nine years, according to a new analysis. The data from letting agents DJ Alexander shows rents increased by 40.7% between January 2015 and February 2024. However, inflation rose by 32.25% over the same period, resulting in a net increase […]

Person calculating mortgage costs with house model on desk.

BTL lenders offer rate cuts and streamlined processes for landlords

19th April 2024

Three leading buy to let lenders in the UK are offering rate cuts, faster remortgages, and simpler valuations to help landlords navigate the current market. Landlords looking for specialist buy to let mortgages can now access cheaper deals from Shawbrook. The lender has announced a range of reductions on its complex BTL products, with some […]

Property expert discussing landlord sentiment after stamp duty increase

Londoners shoulder most of the UK’s £3.6 billion stamp duty burden

19th April 2024

Londoners are feeling the squeeze of Stamp Duty Land Tax the most as they fork out 40.7% of the national total, research reveals. According to a study by Benham and Reeves, over the past year, an estimated £3.657 billion has been paid in stamp duty across England. And a whopping £1.49 billion of that coming […]

More than half of landlords view buy-to-let properties as a 'pension' property118.com

What’s best for your retirement, BTL or pension?

19th April 2024

Hello, buy to let was seen as the ideal ‘pension’ investment for those who didn’t have the luxury of a gold-plated public sector or final salary pension. But with landlords now struggling to make a profit, and actually losing money on their BTL investments [despite record rents], many thousands have already exited the PRS, and […]

One million renters handed section 21 notices since 2019 – Shelter

18th April 2024

Homelessness charity Shelter claims that since the government unveiled plans in 2019 to abolish Section 21 ‘no-fault’ evictions, nearly one million tenants have been evicted under the process. It also warns that any further delay in banning Section 21 will see more renters being ‘tipped into homelessness’. The charity’s survey also found that the moving […]

Hand signing an eviction notice related to Section 21 concerns

Could adding a reason for eviction change landlords’ image?

18th April 2024

Whilst reading about how long it’s taken to reform Section 21 evictions, it occurred to me that if five years ago a “Reason for Eviction” field had been added to the application, we might actually have been able to demonstrate that there were legitimate business reasons why landlords took that route, rather than being perceived […]

New ‘Good Landlording’ podcast – out now

18th April 2024

A new podcast has been launched to help landlords stay up to date with what’s happening in our industry. It’s different from other property podcasts in that it is more focused on practical tips to help landlords start, grow and thrive as property investors. This includes legal advice, first hand experiences and where to go […]

Debunking the ‘Abolish Landlords’ Narrative: A Landlord’s Perspective

18th April 2024

In this video, Ranjan Bhattacharya delves into the controversial topic of abolishing landlords from the perspective of someone who owns rental properties. As discussions around housing inequality and tenant rights continue to evolve, the call to abolish landlords altogether has gained traction. However, as landlords, we believe there are important nuances and misconceptions that need […]

Sam Carter SJC

Property Investors Awards – Commercial Development of the Year

18th April 2024

A grade II listed church transformed into two modern apartments by SJC Property Developments highlights their approach to property that can seamlessly blend historical preservation with contemporary living. With more than 40 years of experience, SJC has established itself as one of the leading players in the industry. The firm is now the winner of […]

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

Tenants in England and Wales are staying put for longer – DPS

18th April 2024

The last four years have seen a big jump in tenancy lengths in England and Wales as tenants are staying for 218 days longer. That’s according to research from the Deposit Protection Service (DPS) which says renters are now staying in their properties for an average of 924 days – or more than two and […]

Struggling landlords are selling up to avoid insolvency

18th April 2024

A surge in buy to let landlords exiting the private rented sector (PRS) is being fuelled by an increase in receiver appointments, one leading auctioneer says. Landwood Group says it has seen a 150% increase in receiver appointments for BTL portfolios in the past six months. And there’s an increase in BTL landlords heading to […]

Property expert outdoors discussing rising UK rent prices

Rent rises outpace earnings to hit tenant affordability

18th April 2024

Over the past 10 years, the cost of rent has significantly outpaced wage growth, leaving many tenants struggling to afford their homes, research reveals. Zero Deposit has analysed rent prices and average salaries in England between 2014 and 2023. It found that rents have rocketed by 34%, while salaries have only increased by 28.8%. This, […]

Section 21 date error?

18th April 2024

Hi, on my behalf my management agent issued a section 21 notice. The notice was dated 01/11/2023 with a date to vacate the property of 05/01/2023, this of course should have been 05/01/2024. The notice was sent by email 01/11/2023 and also posted. The tenant acknowledged the receipt of the section 21 notice by email […]

landlord news uk rents rise property118.com

UK rents reach the highest level on record – ONS

17th April 2024

Renting costs in the UK continue to grow with average rents jumping by 9.2% in the year to March – the steepest annual rise since data collection began in 2015. The figures from the Office for National Statistics (ONS) follow previous rent rises, with February’s data showing an annual rise of 9%. It adds that […]

Illustration of houses with the word eviction, symbolising Section 21 rental evictions

Section 21 with no lease – Help!

17th April 2024

Hi, I bought my first buy to let house in 2012 with a tenant in situ, and being naive and inexperienced, I never thought to issue a lease as my solicitor at the time arranged with the selling agent to have the rent payments paid directly into my bank account. Now, all these years later, […]

Landlords press on with EPC upgrades despite shelved regulations

17th April 2024

Despite the government abandoning proposals for minimum energy efficiency standards (MEES), a significant number of landlords are still investing in making their properties greener. Paragon Bank’s research found that 37% of portfolio landlords are actively upgrading their properties to achieve an Energy Performance Certificate (EPC) rating of C or above. This comes after the government […]