Page 216 – Property118

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 […]

Breaking Barriers: Rising Female Voices In The Property Sector

17th April 2024

A lawyer turned landlord to a successful blogger and podcaster Suzanne Smith, isn’t afraid of voicing her opinions. Suzanne became a landlord later in life but has since become a leading voice in the industry. She talks to Property118 about her journey as a landlord, women in the property sector, and EPC’s. Property is in […]

Welsh flag featuring the red dragon symbol of national identity

Welsh Government considers abolishing LTT Multiple Dwellings Relief

17th April 2024

Landlords in Wales need to know about a Welsh Government consultation for the public to give its views on changes to the Land Transaction Tax (LTT). The consultation focuses on two main proposals: abolishing relief for purchases of multiple dwellings and extending existing relief to local authorities when buying property for social housing. The government […]

Property expert discussing rising UK rent arrears and landlord challenges

Rent arrears up amid cost-of-living crisis for tenants

17th April 2024

Average rent arrears claims have reached a record high, placing a growing strain on both tenants and landlords, data reveals. Alternative deposit provider Reposit analysed the figures between January 2021 and March this year and found that the average arrears claim was £1,816 in the first quarter. That’s a 27% increase on the same period […]

Pic of Robin Hood auditor nottingham selective licensing property118

Council unveils its first housing check in EIGHT years – despite demanding private landlords do them every four months

17th April 2024

Despite hammering landlords with punitive fines for minor transgressions of selective licensing rules, one council has admitted that its own housing stock hasn’t been inspected for EIGHT years. Private landlords must under the city’s selective licensing rules adhere to strict standards and inspect properties every four months – under 2018 rules. The Nottingham Post says […]

Spring sees surge in London renters – but rents predicted to rise again

17th April 2024

London’s rental market is showing signs of a busy spring with a 10% rise in tenants signing agreements in March compared to February, according to estate agent Chestertons. This surge comes after February saw a rise in rent reductions by landlords, which seems to have attracted new tenants and encouraged existing ones to renew their […]

Home with energy rating label illustrating need for efficiency upgrades in PRS properties

Encourage landlords to offer energy-efficient homes with tax breaks – MPs

17th April 2024

The government is being urged to provide tax relief to private landlords who improve their rented property’s energy efficiency to reduce energy bills. The call is being made by MPs of the Conservative Environment Network (CEN) who say the move will also reduce the UK’s reliance on imported gas, the Daily Mail reports. This comes […]

Exclusive event: Landlords – How to survive and thrive in 2024

17th April 2024

Stay ahead of the game in 2024 with the ultimate training day for landlords! Join industry expert Paul Shamplina and the National Landlord Investment Show for an immersive event designed to equip landlords with the tools to survive and thrive on the 5th of June 2024. Featuring a lineup of guests with more than 20 […]

Protestors gather outside Michael Gove’s home to demand an end to Section 21

16th April 2024

The London Renters Union has been slammed as a ‘rabble rousing group’ by the NRLA’s chief executive Ben Beadle after it protested outside the home of housing secretary Michael Gove. On X/Twitter, the Union said: “We’re outside of Gove’s front door serving him a GIANT EVICTION NOTICE! “Gove has shown more interest in protecting landlord […]

Pic of tenant eviction notice from landlord property118

Section 21 notice – Correct documentation to use?

16th April 2024

Hello, I am a landlord with two AST’s, one that started in 2011 and another in 2013. Although these were let via a commercial letting agent, I do not appear to have the relevant documentation to issue a section 21. Many of the requirements came into force after these dates. However they were not issued […]

Tenants false cash rent payment claim?

16th April 2024

Hello, I am currently going through the tenant eviction process and have received the court order for tenants to vacant the property. The tenants have now appealed against the eviction order falsely claiming all the rents are paid, up to date and there is nothing outstanding. Essentially they are falsely claiming the they have paid […]

Landlord stressed over paperwork and new rental legislation at his desk

Letting agent and credits checks?

16th April 2024

Hi all, has anyone ever found themselves in a situtation where a letting agent assured you that everything was in order with a tenant’s credit check, only to discover later that it wasn’t accurate? I recently came across this situation where an agent carried out a check and said all was fine with the tenant’s […]