Page 230 – Property118

Thousands face removal from social housing lists in Leeds

28th February 2024

 New plans could see 18,000 people removed from social housing waiting lists in Leeds. Leeds City Council says the demand for council houses has increased in the city. Under proposals, the council would remove all applicants from its waiting list who are in Band C and Band D. According to the council, most people on […]

Insurance cover

What is contents insurance for landlords?

28th February 2024

From furnishings, appliances and personal touches, it’s not just the structure of your rental property that’s important. If you are a landlord renting out a furnished or partly furnished property, it’s important to take a look at contents insurance. Contents insurance for landlords can help provide peace of mind and cover the cost of any […]

Labour's Angela Rayner promises rental reform and the abolition of Section 21 'no-fault' evictions at the party conference.

Angela Rayner faces CGT questions over council house sale

27th February 2024

Angela Rayner, Labour’s shadow housing secretary, is coming under growing scrutiny as questions emerge over her potential liability for Capital Gains Tax (CGT) following the sale of her former council house. The controversy has escalated with allegations that she provided misleading information about her living arrangements. Ms Rayner, who purchased the property through the Right-to-Buy […]

New homes under construction on a Build to Rent housing development site

Build to Rent homes surge in popularity and market share

27th February 2024

Build to Rent (BTR) homes are becoming increasingly attractive to renters and investors, as new data from Foxtons shows that they now represent 2% of the UK’s private rented sector (PRS) and 4.2% of London’s PRS. The lettings and estate agency conducted a market analysis of the BTR sector, which consists of purpose-built rental properties […]

Councillors want powers to force private landlords to improve energy efficiency

27th February 2024

Glasgow SNP councillors have called for new powers to force private landlords in the city to make their homes more energy efficient, to help tenants and homeowners in fuel poverty, Glasgow Live reveals. Cllr Ruairi Kelly and Cllr Kenny McLean have written to Scottish Ministers to ask for more flexibility around the Energy Efficient Scotland […]

NRLA gets think tank’s backing for direct payments to landlords

27th February 2024

The Institute for Public Policy Research (IPPR) has echoed calls made by the National Residential Landlords Association (NRLA) over direct benefit payments being made to a landlord. The NRLA has been pushing for tenants to have more control over how their benefits are paid, such as allowing them to request that the housing element of […]

Business professional in suit representing Aldermore mortgage update

Bristol tops the list of best cities for buy to let investors

27th February 2024

Bristol has emerged as the most desirable city for landlords to invest in for 2024, according to Aldermore’s Buy to Let City Tracker. The tracker ranks 50 UK cities based on five key factors that affect the attractiveness of buy to let properties. The factors are average total rent, short-term yield, long-term house price growth, […]

tenancy agreement

What to do if tenant has forged tenancy agreement?

27th February 2024

Hello, I have a big issue as I recently discovered the tenant at my address has forged a tenancy agreement. I’m looking at various options and wondering if I can evict using a Section 8 notice, if so what ground can I use? I’d like to add that the tenant is in arrears too but […]

Finance expert warns Budget tax raid could drive landlords from the private rented sector

Buy to let fixed rates lowest since September 2022

27th February 2024

Landlords can benefit from the lowest buy to let fixed rates in 18 months, according to the latest research by Moneyfactscompare.co.uk. The online comparison site found that the average two- and five-year fixed rates for BTL mortgages have dropped month-on-month, reaching their lowest levels since September 2022. Six months ago, these rates were the highest […]

Counter offer sent to tenants but no reply!

27th February 2024

Hi, I rented out my Edwardian flat from 2017 to 2023 with as described in the inventory as ‘heavily aged ‘ windows and one window was ‘‘rotten top right-hand side”) Tenants took on property happily renewed in 2019 and in 2020 complained of a broken window frame to me via WhatsApp as they communicated problems […]

Rayner hits back at ‘hypocrisy’ claims over Right-to-Buy

26th February 2024

Labour deputy leader Angela Rayner has dismissed Tory accusations of hypocrisy over her use of the Right-to-Buy scheme, saying she is proud of owning her former council house. Ms Rayner said she bought her home in Stockport, Greater Manchester, with a 25% discount in 2007, under the policy introduced by Margaret Thatcher in 1980. She […]

mental health renters

Tenant with mental health issues?

26th February 2024

Hello, I have a tenant that has been hospitalised then released and put under a mental health officer for almost 30 months. In that time all rents have not been paid and I’ve taken it to court and won possession of my property back it has cost me in solicitors and losses so far 16k. […]

Clarification on AST with our own son and his friend ?

26th February 2024

Dear landlords, We have a buy-to-let property with two decent-sized bedrooms in London where our son goes to University. He is currently living in the university’s hall of residence but would like to live and share with his friend in our own buy-to-let property from the next academic year onwards. Can we ask the two […]

Verona Frankish, Yopa chief executive, smiling during a professional portrait.

UK house prices defied crash predictions in 2023, new data shows

26th February 2024

Despite predictions of a UK house price crash in 2023, new data shows that prices were resilient. The UK house price index from the estate agents Yopa reveals how the property market fared despite the cost-of-living crisis and higher interest rates. The data shows that the average national price was largely unchanged, with a minor […]

Molo launches expat BTL mortgages for Brits abroad

26th February 2024

Molo Finance has announced the launch of new expat buy to let mortgages for British nationals living overseas. The new products are designed to provide financing for those who live and work in Hong Kong, Singapore, UAE, the European Union and a wide range of other countries and want to invest in the UK property […]

Property expert outdoors discussing rising UK rent prices

Rents could soar by up to 41% by 2030, new study warns

26th February 2024

Renters in England could see rents rising by up to 41% per month by 2030, a new study reveals. Zero Deposit analysed historic rental market data from the Office for National Statistics (ONS) to forecast what the average cost of renting could look like. It found that the average tenant across England is currently paying […]

elderly people, shuttterstock

Rising rental insecurity threatens London’s elderly renters

26th February 2024

London’s ageing population faces eviction risk, warns the Deputy Mayor of London. According to the think-tank Centre for London, by 2030, there are projected to be over 1.4 million people aged over 65 living in London. Speaking at the ARCO (Associated Retirement Community Operators) event Mr Copley said City Hall is looking to support the […]

Matt Hutchinson discussing the government’s second homes policy and housing shortage

Spareroom calls for tax equality for private landlords

26th February 2024

Spareroom is criticising the government for failing to address the underlying issues driving landlords to short-term lets. The government recently announced a crackdown on short-term lets with plans to introduce a national register. However, the flatshare website says many landlords are concerned about the discrepancy in tax incentives between short-term let landlords and residential landlords. […]