Today, King Charles will open Parliament and reveal more than 35 Bills to be introduced by the Labour government. While details are scarce it looks like there is little discussion about what might happen to the private rented sector – despite Labour promising to ban Section 21 ‘no-fault’ evictions ‘on day one’. However, the Renters […]

A think tank claims renters are working harder than ever to pay landlords. According to the Adam Smith Institute (ASI), renters in London are working 197 days of the year solely to pay their landlords. The think tank warns the government must increase housing supply to tackle the demand backlog. Renters still struggle to cover […]

We are keen to speak with landlords who are concerned about incoming rental reforms that will ban no-fault evictions and potentially cap rent rises (depending on what is announced in the King’s Speech). We will be interviewing a landlord and a tenant about the reforms, but there will be a big focus on court delays […]

Several buy to let mortgage lenders have announced interest rate reductions this week, offering better deals for BTL investors in the UK. Aldermore launched a series of limited-edition buy to let products with reduced rates, including a five-year fixed rate at 4.89% for individual and company landlords with single residential investment properties (at 65% LTV). […]

Amid ongoing delays with Universal Credit (UC), one landlord is stepping up to help his tenants. Mick Roberts, one of Nottingham’s largest landlords for benefit tenants, shared with Property118 that UC housing element payments have been consistently late for his tenants over the past three months. This news comes despite government promises to increase housing […]

Scottish house prices have hit another record high for the third consecutive month, averaging £225,636. According to the latest house price index by Walker Fraser Steele, prices have increased by 2.5% year-on-year and by 0.3% compared to April. This milestone follows recent concerns about Scotland being declared a no-go zone for property investors due to […]

Epsom and Ewell Borough Council is calling on landlords to join its Private Sector Leasing Scheme, offering a secure and hassle-free way to rent properties while assisting local families in need. The council’s scheme allows them to directly lease and manage properties for three to five years, guaranteeing rent payments to landlords with six months […]

Hi, we had rented our 2 bedroom flat in London at the end of October 2023 through a estate agent. The agent did the referencing and the tenant passed. The agents collected the deposit from the tenant. The tenant didn’t pay rent in November and somehow reclaimed his deposit through a bank chargeback. Since then, […]

Hi all, can anyone advise on this issue? The tenants a few years ago had a new boiler fitted on a government grant scheme, the boiler keeps breaking down and after £££££ of repairs with new parts it still seems to be having issues. More than three gas fitters have advised they cannot find the […]

Hi, my elderly mother has had a tenant for the last 18 years and receives payment from the council through housing benefits. The tenant was great and was pretty much the perfect tenant. Unfortunately, over the years, her mental health has declined significantly. She has become extremely paranoid and refuses to let anyone into the […]

Hi, available on BBC iPlayer is the programme ‘Morning Live’ from 12th July 2024, where Matt Allwright advises tenants to remain in their homes until the bailiffs arrive, rather than risk becoming intentionally homeless You can watch the whole piece from 19:30 on BBC iplayer here >> https://www.bbc.co.uk/iplayer/episode/m0020z12/morning-live-series-6-12072024 He also says that the Department of […]

Hi, the property market in the UK has had a roller coaster of prices over the last 4 decades and continues to fluctuate no matter what political party is in power. Each successive government continued to benefit from using the property market as a way to bring some sort of confidence to the financial institutions […]

We found ourselves at the Council Tax Valuation Tribunal after a very lengthy and stressful 18 months of fighting with the Royal Borough of Greenwich Council (RBGC) to provide evidence of their claim of our liability for CT, which they never did. We won our case, but we are very concerned that many councils around […]

Gateshead Council is inviting residents, landlords, letting agents and businesses to weigh in on proposals for new selective licensing schemes. It claims to be a pioneer in selective licensing since 2007, and it now wants to extend the existing selective licensing zone. Plus, the council wants to introduce additional licensing for Houses of Multiple Occupancy […]

Propertymark has welcomed the Welsh Government’s commitment to improving housing in Wales. Tim Thomas, the organisation’s policy and campaigns officer, said the organisation is pleased to see a focus on building safety and homelessness. It had previously collaborated with the government on building safety and is hopeful the new Building Safety Bill will deliver better […]

There has been a big change in the UK’s private rented sector (PRS) with a dramatic increase in the number of tenants aged between 55 and 64 who are choosing to rent. This figure has surged by 80% over the last 10 years, research from The Mortgage Works (TMW) reveals. London leads the growth in […]

The UK’s Build to Rent (BtR) sector is set for a £20bn cash injection over the next decade, according to a new report by Savills. This shift in focus from investors highlights the growing maturity of the market, the real estate firm says. While £35bn of institutional investment has delivered 100,000 BtR homes in the […]

Investors, rejoice! Lendlord has unveiled its latest tool to revolutionize your property investment experience—the enhanced and new Deal Analyser. Designed for property investors who demand precision and efficiency, this tool provides instant, comprehensive insights into any potential deal. Here’s why you need to integrate it into your property investment strategy today. Instant Results for Instant […]

Property118, a lifeline for countless landlords, is under attack. Unjustified targeting of our business model threatens to leave landlords in the cold and erodes trust in the property industry. We need your urgent support to fight back. Property118 has been accused of promoting tax avoidance schemes, a claim we vehemently deny. HMRC’s follow-up actions have […]

Hi, I understand the new Labour government will quite soon look to end ASTs, as the Tories almost executed this within the defunct Renters (Reform) Bill. If you have a reliable current tenant or a promising new one with excellent references (though unproven), how smart is it to use a Deed instead of an AST […]

England’s largest council house landlords are raising the alarm about the future of council housing because of a financial crisis In a report by 20 of the largest local authorities, they say that years of ‘erratic national policy changes’ and an ‘unsustainable financial model’ have squeezed council budgets. An independent analysis predicts that councils will […]