More landlords are struggling to pay their mortgages than ever before, new data reveals. Octane Capital, a specialist property lender, has analysed data from UK Finance which shows that 13,570 landlords fell behind on their mortgage payments in the last quarter of 2023. That’s a shocking 93% rise from the first quarter of the same […]

Social housing landlords will have to follow new standards from April, the Regulator of Social Housing (RSH) has announced. The new standards are part of the Social Housing Regulation Act, a landmark law that aims to improve the lives of social housing tenants. The standards will cover tenant safety, complaint handling, accountability, fairness, respect, home […]

The number of people sleeping rough in England has more than doubled since 2010, according to new research. Data from the government reveals the number of rough sleepers has increased by more than 120% since 2010. In 2023, 3,898 people were recorded sleeping rough on a given night, a 27% increase in one year. Spiralling […]

Rightmove is calling for a range of policy measures to be introduced ahead of the Spring Budget. The website says more green target incentives to help landlords improve their properties is a key issue that needs to be addressed. Rightmove is also urging the government to support people moving home by reforming stamp duty. More […]

Labour leader Sir Keir Starmer has publicly backed his deputy Angela Rayner, who is facing scrutiny over the sale of her former council house and the tax implications. Ms Rayner, who bought the property under Margaret Thatcher’s right to buy scheme, sold it in 2015 and has been accused of not paying the appropriate capital […]

The UK’s housing market has demonstrated remarkable resilience, defying price trends and continuing its upward trajectory, one house price index reveals. Property website Zoopla says it is forecasting a substantial 10% surge in total home sales this year, reaching 1.1 million transactions compared to the 1 million recorded in 2023. Its latest House Price Index […]

The government’s lack of solutions to resolve the rental crisis has led to a landlord exodus, according to one expert. Gina Peters, head of landlord and tenant at Dutton Gregory Solicitors, says Michael Gove’s commitment to ban Section 21 ‘no-fault’ evictions before the next election has intensified landlord concerns. Ms Peters emphasises the upcoming budget […]

The government is proposing changes to the Renters (Reform) Bill in a bid to head off a backbench rebellion of its MPS, the BBC reports. The Bill, which will see Section 21 ‘no-fault’ evictions abolished, could see a major makeover. According to the BBC, ministers have been consulting with Conservative MPs who are critical of […]

The total value of homes sold in England plunged by 48% in 2023, from £295.7bn in 2022 to £154.7bn in 2023, a new report reveals. The research from eXp UK, the platform for personal estate agents, found a £141bn difference in the amount of money being spent on property. The findings, based on the latest […]

New research suggests that building 90,000 social homes every year could significantly benefit the UK economy – by up to £51.2bn. A report by the Centre for Economics and Business Research (CEBR) that was commissioned by Shelter and the National Housing Federation (NHF), argues the investment would not only address the housing crisis but also […]

A housing charity has accused the Scottish government of “gaslighting” the Scottish public on social housing. Shelter Scotland has claimed the “gaslighting” refers to the Scottish government breaking rules relating to duties towards homeless households and misleading the public on figures related to social housing. The row comes after a vote was passed on the […]

Imagine a property investment strategy that allows you to generate monthly cash flow and equity growth from properties you can acquire without the need for a large deposit or even a mortgage. Sounds too good to be true, right? Well, let me tell you, this strategy does exist, and it’s a perfect fit for today’s […]

Hi, there is water coming from the ceiling of the shower in our flat, which we believe is from the flat above as the showers are aligned. We have been in contact with our agents who are also agents for the flat above. They were told that said tenant/owner had it inspected by their own […]

Nottingham City Council has produced a video to help landlords learn how to complete its selective licensing application process – despite the website being faulty. The council is now threatening landlords who fail to complete their licence application on time with a whopping £1,233 fine. One landlord previously told Property118 that applying for a selective […]

Neighbours at Angela Rayner’s former council house have claimed that the Labour shadow housing secretary was its ‘landlady’ – and they only remember seeing her once, the Daily Mail reports. That was during a heated dispute involving a football and a broken window. Neighbours say they only saw Ms Rayner’s brother at the property as […]

Hi there, we (my partner and I) are first-time landlords and tried to bite more than what we can chew by investing in an HMO buy-to-let investment. We soon realised that we aimed to dance before we could crawl or walk with the mounting admin work and huge bills to cater to, hence appreciate all […]

Hi, once you have a possession order based upon the Housing Act, S8 grounds 8, 10, or 11 the tenant can apply for Relief if sanctions, i.e. put a hold on the bailiff for 60 days breathing space  (Debt respite scheme si 2020). Having read the above this does not apply to S21 proceedings or […]

New data from London Councils paints a grim picture of the capital’s homelessness crisis, revealing a shocking 40% increase in monthly spending on temporary accommodation for homeless households last year. This translates to a staggering £90 million per month. The report warns of a ‘critical danger’ to borough finances due to skyrocketing homelessness rates and […]

The Tenancy Deposit Scheme (TDS) has announced a groundbreaking API integration to revolutionise the deposit registration process, enhancing efficiency and reducing administrative burdens for agents. The tie-up with 10ninety, a leading prop-tech company, will reduce manual data input, a time-consuming task faced by agents. Previously, agents duplicated deposit data from their CRM systems onto deposit […]

A building society has revealed that it has worked with North Norfolk District Council and North Yorkshire Council to launch a 12-month trial aimed at curbing lending for holiday let properties. The move comes as housing pressures intensify in some regions, impacting local residents’ access to homes. From today (March 28) Leeds building society will […]

Hi, a tenant has been evicted today, the house is a complete mess. Including animal feces and possible human feces and the usual household rubbish. Every room in the 2 bed 1 bath semi is trashed. Has anyone else on the Property118 forum had this disgusting experience. My question is how much would we be […]