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Will rents keep rising?

12th March 2024

Join Ranjan Bhattacharya as he delves into the burning question of 2024: Will rents on buy-to-let properties continue their upward trajectory? In this video, he dissects the factors driving the increase in rents and provides valuable insights into the evolving rental market landscape. From supply and demand dynamics to economic trends, he unravels the complexities […]

My tenants’ solicitor is demanding costs!

12th March 2024

Hello, We have been trying to evict our tenants for the last 9 months as we are selling the property. Court proceedings were set for last November, however, we had to cancel these due to an issue with the deposit from 10 years ago. The deposit was then returned to the tenants and a new section […]

Adrian Moloney of OSB Group discusses new KRFI buy-to-let mortgage products for landlords.

Kent Reliance and Precise unveil BTL mortgage overhaul

12th March 2024

Kent Reliance for Intermediaries has revealed a revamped portfolio which includes buy to let and part-ownership schemes. The lender, which is part of the OSB Group, sees its initiative delivering a 0.5% rate cut on select investment property loans and the buy to let changes include: 80% LTV fixed rates dropping by 50bps Full range […]

My tenant is expecting – advice?

12th March 2024

Hello, first time posting on here so please go easy on me! One of my tenants has just mentioned that she’s pregnant. I’m not sure how this is going to affect things from a rent-paying point of view. She’s on benefits but does work from time to time in various part-time jobs. This means that […]

Business professional in suit representing Aldermore mortgage update

Landlords help to boost local economies

12th March 2024

The significant financial contribution being made by landlords to regional economies when supporting local trades has been revealed. Research from Aldermore highlights that most landlords (79%) prefer employing local professionals, with each one injecting an annual average of £6,003 into local services. Electricians, plumbers and general maintenance workers are the top picks for property upkeep, […]

Council tax on empty homes to double to help tackle housing shortage

12th March 2024

Council tax on a property that has been left vacant for a year will double from April 1, the government has announced. The initiative is aimed at helping boost housing supply for local people by bringing empty homes back into use. The property must be occupied within a year to avoid the tax hike, a […]

black mould in a rented property being cleaned property118.com

Call for more PRS enforcement funding in England

12th March 2024

A charity is calling for more government funding to help councils enforce housing and health standards in the private rented sector (PRS). People’s Health Trust (PHT) claims that tenants are living in dire conditions – with some areas seeing nearly double the number living in a home that doesn’t meet the Decent Homes Standard. While […]

Business person pointing at a glowing question mark, symbolising uncertainty about leaseholder rights

Why is the NRLA supporting anti-landlord needs?

12th March 2024

Hello, We all know that politicians of all parties have some very strange ideas and like to waste our money, but it’s unbelievable that an organisation whose members are landlords has an anti-landlord policy. Does Ben Beadle even know that most landlords are strongly against the banning of Section 21? He should be supporting us […]

Throwing the baby out with the bathwater?

11th March 2024

I was going to buy x 2 houses and turn them into HMO’s to put on long-term leases to SERCO (approx 100k each). On paper, it looks good and the numbers are appealing. Then I started reading horror stories about dealing with SERCO. Some landlords talk negatively of Serco specifically, but others discussed negative experiences […]

Council to buy homes with a REIT to tackle homelessness

11th March 2024

A London council has announced it will create a Real Estate Investment Trust (REIT) to secure homes for housing homeless people and families. The council’s strategy involves leasing back 300 properties from the RIT to boost its temporary housing capacity. The innovative REIT, which is yet to be officially launched, will purchase and lease out […]

Scottish Parliament

Scottish landlords hammer rent cap proposals in government consultation

11th March 2024

The Scottish Government has published the results of a public consultation on its New Deal for Tenants proposals and found that, unsurprisingly, most tenants support rent controls – while landlords have hammered the idea. The publication of the responses makes clear some puzzlement over the negative response from landlords about the proposal to prevent rent […]

Two dogs and cats pose for a picture

Landlords underestimate perks of pets in properties

11th March 2024

 Landlords underestimate the financial advantages of allowing pets in properties, according to a new report. According to a study by Battersea Dogs and Cats Home dismisses so-called “myths about pets and assumed damages.” The data was collected from more than 2,000 private landlords and 1,000 private renters. 76% of landlords did not encounter any damage […]

ECO 4 Anyone

Will insulation save the planet?

11th March 2024

Hi, I just got the following warning about insulation from rogue traders passed on by trading standards: “Trading Standards is warning residents to be cautious of spray foam insulation removal scams. Spray foam is an alternative to traditional insulation. However, if not properly installed it can cause problems and even decrease the value of a […]

February saw the biggest house price rise in 17 months

11th March 2024

UK house prices saw average values rising by £3,000 in February, data reveals. The findings from chartered surveyors, e.surv, say this equates to a 0.8% increase from January – the biggest monthly rise for 17 months. The firm says that house prices rose in 54 unitary authority areas out of 111. Homeowners in Merthyr Tydfil […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Budget 2024: Landlords let down by the government again. What to do?

8th March 2024

This week’s Budget brought significant changes for landlords, with implications for capital gains tax (CGT), furnished holiday lets relief, and multiple dwellings relief. As the dust is still settling, let’s consider their impact on our investments and the rental market. In a speech that only had one bright spot – the gag at the expense […]

House prices will fall 2% this year – OBR

8th March 2024

The Office of Budget Responsibility (OBR) has released its Spring Budget forecast, predicting a 2% drop in house prices this year. And the OBR admits in its briefing papers that the cut in Capital Gains Tax IS aimed at reducing the number of landlords and second homeowners (see below). Its house price forecast for 2024 […]

Surge in buy-to-let landlords plunging into mortgage arrears

8th March 2024

The number of buy-to-let landlords falling into arrears has surged, according to new figures. According to UK Finance, more than 40,000 BTL landlords (41,090) fell into arrears on their mortgage payments in 2023, an average of 10,273 per quarter. UK Finance says cost-of-living pressures and high-interest rates have caused trouble for landlords in recent months. […]

Renters (Reform) Bill is on the brink of ‘collapse’ – claim

8th March 2024

The controversial Renters (Reform) Bill which is set to abolish Section 21 ‘no-fault’ evictions is on the brink of collapse, The Sun newspaper claims. Quoting Whitehall insiders, the newspaper says ‘angry Tory MPs’ are holding the Housing Secretary Michael Gove ‘to ransom’ in a bid to force changes. The Bill was promised in the Conservative’s […]

Durham’s student landlords accused of ‘panicking’ amid rent price drops

8th March 2024

An investigation by the Palatinate, Durham University’s student newspaper, reveals that estate agents in Durham have slashed prices for student properties available in the 2024/25 academic year. The move comes after imposing hefty rent increases at the start of the year. The most common price range for Durham properties has plummeted from £180-199 per person […]

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

Industry bodies urge government action as housing emergency grips Scotland

8th March 2024

An industry body claims that Scotland has moved past a housing crisis and is in the midst of a housing emergency. The Chartered Institute of Housing (CIH) in Scotland declared a housing emergency at the Scotland Housing Festival this week. Last year, housing emergencies were declared in Edinburgh, Argyll and Bute and Glasgow. With mounting […]