Page 213 – Property118

A landlord’s stark warning to tenants on legislation impact

28th March 2024

A landlord has warned that “tenants will suffer the most” if new legislation and regulations get the green light. Mick Roberts, one of Nottingham’s largest landlords told Property118 about the harsh realities facing both sides of the rental divide. He also says selective licensing is causing chaos for landlords in Nottingham. Help tenants find a […]

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

Landbay, YBS and Foundation unveil new BTL products

28th March 2024

Landbay has introduced new five-year fixed-rate offerings at an 80% loan-to-value (LTV) ratio, catering to both standard properties and small houses in multiple occupation (HMOs) and is the latest among several BTL lenders announcing product changes. In addition, the lender has implemented numerous rate reductions. Its new 80% LTV five-year offering for standard properties is […]

Have we got possession after death of tenant?

28th March 2024

Hi, I’m very much an accidental joint landlord with my brother. The flat we had was rented through a letting agent however at the beginning of the year our tenant sadly passed away. The church acting on behalf of the tenant’s estate has now cleared the flat and handed back the keys. I was told […]

Leasehold rights from freeholder property118.com

Non-Qualifying Leaseholders push for reform

28th March 2024

Following the Non-Qualifying Leaseholders Campaign Groups member representations including correspondence to their MPs and case studies reported by media, the government are considering an amendment to the Leaseholder Protections in the Building Safety Bill to give parity to those holding properties jointly. Currently the act deems innocent leaseholders to be liable for some remediation costs […]

Keep Portfolio or buy into a REIT?

28th March 2024

Hello all, my father is a portfolio landlord who wants to retire. He doesn’t want the hassle of managing property anymore, but has very little interest in the stock market as to him it’s not a tangible option. My suggestion to him for his peace of mind if he were to sell up would be […]

Property expert outdoors discussing rising UK rent prices

UK rents rocket by 46% in a decade

28th March 2024

The average UK rent has climbed by 46% in the past decade thanks to surging tenant demand and limited rented home supply, research reveals. According to Zero Deposit, it is the lack of available rental properties that is a key driver of this surge. While the total number of rental homes reached an estimated 5.22 […]

Yorkshire Building Society launches £5,000 deposit mortgage

28th March 2024

Yorkshire Building Society (YBS) has unveiled a groundbreaking £5,000 deposit mortgage specifically designed for first-time buyers. The unique product allows potential homeowners with the deposit to buy a property valued up to £500,000. The building society’s research has identified £5,000 as the crucial amount that could dramatically reduce the time needed to save for a […]

Modern Scottish Parliament building in Edinburgh with Calton Hill in the background

Concerns over proposed rent controls in Scottish housing bill

28th March 2024

The Scottish government has published its new housing bill which claims to prevent homelessness and strengthen tenants’ rights. Proposals in the new bill include bringing in long-term rent controls for private tenancies and new rights to keep pets. The Scottish Association of Landlords warns the proposals will “exacerbate Scotland’s housing crisis”. Create rent control areas […]

Smiling business professional sitting confidently in a modern office setting

UK housing market gets early sales boost

28th March 2024

The UK’s housing market has shown positive signs in the first quarter of 2024 with sales activity up 9% compared to the same period last year, according to Zoopla’s latest House Price Index. New listings have also increased by 20%. Zoopla says this growth is down to rising buyer confidence and helped by falling mortgage […]

pic of electrician testing a fuse board property118

EICR and Build Regulations Certificate confusion

28th March 2024

Hi, I had an EICR booked and carried out at a small commercial property as the 5 years certificate was due to expire. The check identified a new fuse board was needed. I have now been issued with the EICR cert from a NICEIC registered tradesman along with the invoice, but don’t I also need […]

Why can’t the media understand how inflation affects rent rises?

27th March 2024

Hello, I am a big fan of the Times and Financial Times as these newspapers are usually reliable and have high quality journalists. However, I have written to the Times to explain why I am upset about one journalist and her story on why renting in the UK is so expensive. She – and most […]

The Property Ombudsman logo

Landlord complaint leads to letting agent expulsion from Ombudsman scheme

27th March 2024

A letting agent has been expelled from The Property Ombudsman (TPO) scheme for failing to address a landlord’s complaint and pay a £3,100 compensation award. The expulsion of Key Lettings and Property Management follows a series of issues including failing to register deposits, withholding rent payments, neglecting to provide crucial documents and ignoring the landlord’s […]

Paragon Bank and Foundation unveil new BTL products

27th March 2024

Paragon Bank has introduced new mortgage options for experienced landlords looking to expand their buy to let portfolios with a range of five-year fixed-rate products with both low fees and competitive rates. These new BTL deals are specifically designed for landlords who already own four or more BTL properties. Borrowers can choose between a fee […]

Most tenants haven’t heard of the Renters (Reform) Bill – survey

27th March 2024

Despite calls for more regulation of landlords in the private rented sector (PRS), most tenants haven’t heard of the Renters (Reform) Bill which is currently going through Parliament. The Bill, which is the biggest change to the rental market in more than 30 years, proposes to end Section 21 ‘no-fault’ evictions and create a new […]

Lendlord logo representing property finance and landlord tools.

Tame the Tax Beast: How property management Software Makes HMRC Happy (and You!)

26th March 2024

Tax season. Just the mention of it sends shivers down the spines of many landlords.  Paperwork piles up, receipts get lost, and the looming deadline of filing with HMRC creates a whirlwind of stress. But what if there was a way to transform tax season from a chaotic scramble into a streamlined breeze?  Introducing Lendlord […]

A must-read for all landlords: A frustrated landlord speaks out

26th March 2024

A landlord has told Property118 of his frustrations in dealing with the courts and rent tribunals – and warns that the abolition of Section 21 will bring in ‘tenancies for life’. Paul has 20 rented properties around the Fylde coast and says he is an ‘accidental landlord’ after a successful career with a Fortune 100 […]

Tenant to pay the legal cost of eviction?

26th March 2024

Hi, I had a court hearing where we requested the judge to add the legal cost to the money order for 15 months of unpaid rent. As per the judge, this was not possible as my rental agreement does not have a clause for the tenant to pay the legal cost of eviction. Considering the […]

Rural renting soars – councils demand long-term housing plan

26th March 2024

England’s county councils are urging the next government to establish a long-term housing strategy after research reveals a massive rise in rural renting over the past decade. The County Councils Network’s (CCN) report reveals that the rate of rural renting is outstripping that of London and major cities. In county and rural areas, households in […]

Fourth Scottish council declares housing emergency

26th March 2024

A fourth Scottish council has declared a housing emergency because of ‘extraordinary strain on its housing and homelessness services’. Fife now follows Glasgow, Edinburgh and Argyll and Bute after a full council meeting gave the call its backing. Cllr Judy Hamilton, the council’s spokesperson for housing, said: “We have worked very hard in recent months, […]

landlord question Selective licensing property118.com

Binning selective licensing will leave tenants at the ‘mercy of unscrupulous landlords’

26th March 2024

A charity is warning that a proposal under the Renters (Reform) Bill to introduce a property portal which could replace selective licensing will leave tenants at the ‘mercy of unscrupulous landlords’. Safer Renting believes that selective licensing shouldn’t be binned but the government should strengthen it with better enforcement and inspection. In a report based […]

Scales of Justice symbolising the legal balance in Wirral’s selective licensing challenge.

How do I sue a letting agent?

26th March 2024

Hello, Has anyone sued a letting agent? My daughter’s agent cost her almost £2,000 through their negligence. First, the tenant agreed to move out on 24/10/23, then asked the agents to extend his notice for another week and without consulting my daughter, the agents agreed to this. Meanwhile, she had set up repair work to […]