High demand and a lack of available properties are pushing rents outside London to record levels, according to Rightmove. It estimates that 120,000 more rental properties are needed to achieve sustainable levels of rent growth. The property website says the average advertised rent has reached a new peak of £1,316 per month – a 7% […]

Landlords across England and Wales are seeing a boost in their rental yields, according to the latest Buy to Let Rental Barometer from Fleet Mortgages. Every region showed an increase in average yields compared to the same period last year. The strongest growth came in the North East, where yields reached double digits at 10.1%, […]

Hi, I’m in the process of purchasing a property, which is a 3-bedroom house with two titles: leasehold and freehold. The current vendor holds both titles, but the leasehold has less than 70 years remaining. Does it need to be renewed before I purchase the house? Will the seller pay? I have spoken with the […]

Imagine this, some time ago, you decided to try to improve your life and to make things better for you and your family. You’re a hard-working person and your chosen profession was to become a private hire taxi driver. To start off you need to buy a car. You couldn’t afford a shiny new one, […]

In the wake of the 4 July election, landlord groups say the next government must pass the Renters (Reform) Bill as a matter of ‘urgency’. The plea is being made by the National Residential Landlords Association (NRLA), along with Leaders Romans Group, Grainger, and the British Property Federation (BPF). They say that landlords and tenants […]

In this episode of Property Breaking News, Ranjan Bhattacharya and Andrew Roberts delve into the brewing controversy between landlords and coffee giant Nespresso. Nespresso’s latest advertising campaign has stirred the pot by using anti-landlord rhetoric, sparking strong reactions from the property community. Watch the video below

Welcome to the Macro Overview for week ending 30th June: As always I dive into the current state of the UK property market and macroeconomic metrics. Key Highlights: Property Market Stats: Prices on sales agreed remained at £350/sq ft (+3.2% this quarter). Listings stayed 5.4% higher than the pre-pandemic market for the year to date. […]

With new and more efficient ways of making property financially make sense, it comes as no surprise that buyer interest in property companies is surging, driven by significant financial incentives. But why? One of the most compelling reasons is the lower Stamp Duty rate of just 0.5% on purchasing shares in a Limited Company rental […]

University students in Britain face a growing affordability crisis as rental costs for purpose-built student accommodation (PBSA) outpace the rise in maintenance loans – putting some universities out of reach for many. New data from CBRE reveals that student rents are surging, with some cities exceeding loan limits. Also, student landlords leaving the sector has […]

It will be impossible for Labour to build 1.5 million homes over the next Parliament, according to new data. Research by estate agents Yopa reveals Labour’s pledge will be extremely hard to achieve as the average number of new homes delivered each year since 2014 is 188,194. Labour’s manifesto pledges also include abolishing Section 21 […]

While a sitting tenant in a property can be a dream for buy to let investors, offering immediate rental income and peace of mind, finding such an opportunity is a challenge. Lomond, a buyer of estate agencies, reveals that just 2.8% of properties on the market currently have tenants in situ. However, for those who […]

Hi, I have tenant who has been served a Section 21 (mortgage increases have taken the profit away and I’m too concerned about the influence of the Labour government to continue in the PRS) The tenants have told me (told me not requested) that they will be paying rent fortnightly (not as agreed monthly) I’m […]

Rents in England have continued their upward trend in June – rising by 6.7% year-on-year, according to the Goodlord rental index. This increase puts the average rent at £1,225 per property, compared to £1,149 in June 2023. The South West witnessed the biggest annual rise, with rents jumping 13% to £1,347. London also reached a […]

Hi, we have an AST commencing 22-March-24 finishing on 21-March-25 (and monthly periodic thereafter) with a 6-month break clause (which should start from 22-September-24). This is not the original AST with our tenants as they started renting our property from February 2020 and we still have copies of those previous ASTs. The Break Clause on […]

Are you a landlord who is rushing to sell before an incoming Labour government? Then, Lucy Alderson, The Times and The Sunday Times money reporter would like to speak with you. Data shows the number of rental properties that are being put on the market is increasing. The Times are looking for landlords who have […]

In a heated interview on BBC Radio 5 Live, Keir Starmer declared, “not all landlords are evil,” but slammed some for driving up rents through bidding wars. The Labour leader took questions from listeners and presenter Nicky Campbell on various issues including housing. Labour’s manifesto pledges to abolish Section 21 immediately and strengthen tenants’ rights […]

It’s a classic debate – resi versus commercial. I’ve been involved in it a whole number of times over the years. This one had a third flavour though – stocks and shares. I was invited by Manish Kataria CFA to appear on his podcast alongside (or against?) Natasha Collins MRICS to debate the merits, and […]

The UK’s house prices showed modest growth in June as prices edged up by 0.2% in June compared to May, resulting in an annual increase of 1.5%, Nationwide reports. Its latest house price index also reveals that prices are still 3% below the record high reached in the summer of 2022. The building society’s chief […]

Hi, probably an apt question at this time of the year. Student tenancy agreements can run until late June, July, August or even September. Students become liable for council tax from the day after they formally stop being a student. This could be when their course officially ends, some as early as mid May, or […]

As a landlord, ensuring your property is attractive to potential tenants is vital to ensure you are not left with voids and you attract the right kind of tenant. But something as simple as the advert now involves more than just highlighting the properties aesthetic and functional features. An essential aspect of advertising process is […]

A legal expert is warning that some landlords are still not aware that they are unwittingly breaking the law in selective licensing areas because they don’t know they need to have a license to operate. And ignorance is not a defence should the council find out, says Jane Anderson, of law firm Irwin Mitchell. She […]