Three council tenants have been awarded a total of £40,000 by the Housing Ombudsman after enduring unacceptable living conditions caused by damp and mould. The Ombudsman identified ‘severe maladministration’ by Lewisham Council in all three cases. The compensation reflects the impact on the residents’ well-being and the loss of enjoyment of their homes due to […]

Landlords and letting agents in England have been hit with a significant rise in fines for failing to comply with Right to Rent regulations. According to government figures, penalties jumped by a staggering 405% last year – hitting £151,480 compared to just £29,960 the previous year. The number of fines issued also increased dramatically, rising […]

Hello, my son is in the process of inheriting a residential property from his late grandmother’s estate. He’s exploring the possibility of creating a deed of variation to transfer the property into his limited company. However, I’m concerned about the implications this might have on the estate’s eligibility for the residential nil rate band relief. […]

The average landlord will benefit from a cut in Capital Gains Tax (CGT) but will still face a significant tax bill when exiting the buy to let sector, research reveals. Zero Deposit, the tenancy deposit alternative provider, has analysed house price growth over the last decade to assess the potential CGT owed by landlords. Its […]

Hi, I have a 3-bedroom house in Newham I am thinking of converting the through lounge to two bedrooms thus making it five bedrooms suitable for five individuals. The kitchen and bathroom will be shared. This will be just the ground floor and first floor. Does anyone know the exact requirements? Maybe someone who has […]

Hello, I am a commercial and residential landlord; I have 60 properties in 5 limited companies and am looking for recommendations for the best property management software to assist me in running the business. I would like assistance with rent collection, reminders and storage of EPC’s, electric and gas certs, HMO and residential licences, lease […]

The rate of rent increases is slowing down, but tenants are still facing significant rises, the latest data from Hamptons reveals. According to its figures, the average rent on a newly let home in Great Britain rose 7.1% year-on-year in February. This is down from 8.3% in January and a peak of 12.0% in August […]

Momentum is growing to torpedo the Renters (Reform) Bill that will abolish Section 21 ‘no-fault’ evictions and end fixed term tenancies, the Telegraph reports. The news comes just days after The Sun revealed that angry Tory MPs have brought the Bill ‘close to collapse’. Michael Gove, the housing secretary, vowed last month to pass the […]

In this video, join Ranjan Bhattacharya to discover the latest developments from the Spring Budget that have sent shockwaves through the property investment community – the abolition of Multiple Dwelling Relief. Join him as he explores what this means for landlords, investors, and the wider housing market. Watch the video below

The average property listing price in the UK surged by 1.5% to £368,118 to mark the UK property market’s ongoing revival from a subdued 2023, data from Rightmove reveals. The price rise is down to growing buyer interest with estate agent enquiries and robust sales figures surpassing those of last year. Rightmove also highlights that […]

April will bring a surge in Capital Gains Tax (CGT) bills for landlords, with 89% of higher-rate and all lower-rate taxpayers being affected, research from Hamptons reveals. That’s because the annual personal allowance for capital gains is set to drop from £12,300 in 2022/23 and £6,000 in 2023/24 to just £3,000 in 2024/25. Those reductions […]

London’s rental market is under threat, warns Propertymark, as landlords look to exploit a deadline and convert their rental properties into short-term lets ahead of new regulations. That’s because new rules will see new short-term lets having to register and meet planning regulations – and they could be stopped if a council decides there are […]

Before you buy another property you need to understand this … The correct ownership structure is a vital ingredient to your success as a property investor. The following Case Study and explanatory notes explain why, by comparing a property private rental property business owner with a private hotelier. Let’s assume that both businesses own assets […]

The National Residential Landlords Association (NRLA) has teamed up with the homelessness charity Crisis to urge clarification on the future of the Renters (Reform) Bill. The call comes after media speculation that the Bill is ‘on the brink of collapse’ and that backbench MPs have forced various amendments. In a letter to Michael Gove, the […]

I have a very special gift for you this weekend, but you need to claim it now. Over the last two weeks, I have invited you to join some live training with me, Simon Zutshi about my “No Mortgage – No Deposit Strategy”. I do hope you seized this opportunity to learn this. I am […]

Hi,  I was the managing director for a residential management company. I started asking uncomfortable questions and requesting to see expenditures etc. Other directors did not like it and they removed me from the position of director at the board meeting without following the procedure outlined in the articles of association which is standard pointing […]

After a year of waiting for legal repossession, I have up to another 80 + days before I can access the deposit! DPS, 14 days before the tenant, who has disappeared does not reply, + 1 week to find a solicitor who will witness the signing of the statutory declaration (17 solicitors declined to offer […]

Hi, I have had a tenant in a 2-bedroom house for one year. At the end of the year, they have ended the tenancy and have now moved out. I have an agent providing a full management service. At the inspection following the tenant’s leaving, it was discovered the tenant had removed a bedroom carpet […]

The survey of 160 agents by Goodlord, found that 75% of respondents doubted the government’s understanding of the sector’s challenges. And 19% say they are uncertain, while just 6% believe the government truly grasps the intricacies of the market. ‘Majority of agents have little faith in this government’ Goodlord’s managing director of insurance, Oli Sherlock, […]

Landlords in the UK are facing a variety of challenges, with a new survey revealing worries about inflation, the cost-of-living crisis, and a potential property market downturn, a survey has found. The research from property finance broker Finbri, found that 85% of landlords are worried about inflation, while 77% are concerned about the cost-of-living crisis. […]

Precise Mortgages has unveiled a new brand identity, characterised by a fresh and distinctive look and the makeover coincides with the launch of its redesigned broker and customer websites. The popular lender will now be called Precise, and its broker platform has received a significant overhaul, featuring a complete rebuild with new tools designed to […]