Most lenders take a fairly relaxed approach to interest-only, but I`m wondering if ones who are a bit pushy are within their rights? After interest rates rose so much we agreed to a period of interest-only with a repayment-type lender which they agreed to and put in writing. All payments have been met in full […]

Hello, Although I have bought the right to immediately extend my lease (Sec 42 by Vendor and Deed Of Assignment to me), the freeholder declines to respond on grounds that my title is not yet on the Land Register. I feel quite confident that this is wrong and he has to respond by the 2 […]

Hi, what are agents supposed to provide newbie tenants in Northern Ireland, before and after a tenancy is agreed ? In England the EICR, gas cert, EPC and How to Rent need to be served BEFORE the tenancy is signed. What about holding deposits? And when the rest of the deposit is paid? Tenancy signed […]

The effectiveness of selective licensing in improving housing standards is brought into question by a new report. The findings by PRS compliance company Yuno compare costly licensing schemes against the geographical disparity in properties meeting the decent homes standard. According to Yuno, some councils are charging more for selective or additional HMO licences than mandatory […]

Angela Rayner has again refused to publish the tax advice she has been given over selling her council house – as Greater Manchester Police (GMP) says it will reinvestigate the matter. The move follows criticism from Conservative Party deputy chairman, James Daly, of the police after they said there was nothing to investigate on whether […]

The Scottish Greens co-leader Patrick Harvie has defended the government’s new Housing Bill, which includes plans for rent control areas. He reassured landlords offering fair-priced, high-quality housing that they ‘have nothing to worry about’. The proposed Bill will task local authorities with evaluating its private rental market and recommending rent control measures to ministers. Among […]

There needs to be a shift in government policy to stop ‘grandstanding’ and recognise landlords’ rental income as business income for tax purposes, one firm warns. The call comes from Andy Halstead, the chief executive of HomeLet, after its latest rental index revealed an annual 7.52% rise in UK rents. Tenants are now paying an […]

Hello, I have had a great tenant for the last 16 years, always paid on time, he kept the place reasonable tidy, always phoned if there was a leaking tap etc and I would repair it within a couple of days. I have not hiked his rent massively, just the odd £10 or £20 over […]

Landlords have seen a 6% drop in the average buy to let property’s total return over the past two years as costs rise, research reveals. Octane Capital says the profits fall is down to rising mortgage costs, rising agent charges and lower capital growth – despite rental income rising by 19%. The firm looked at […]

The government is set to tweak its Renters (Reform) Bill in England, aiming to address concerns from landlords while still delivering security for tenants. Critics say the changes will create ‘a landlords charter’ but ministers are responding to criticism from Conservative MPs who say the Bill is too burdensome for landlords. The revised proposals include […]

Landlords in the UK should ignore what the likes of Shelter and Generation Rent say since most tenants say they have a good landlord, research reveals. The findings from Aldermore challenge the stereotype of what those organisations and the media portray as tense relationships. The majority (69%) of private renters report having a positive experience […]

Hello, Does anyone have experience of claiming on tenant default insurance? I have had a tenant default claim refused since they say that as the tenant does not have any money that they could recover, they consider the case does not comply with their policy. Seems weird as I would have thought that that is […]

Hi, I want to make a 5% rent increase for tenants who are on assured shorthold periodic tenancies. I have never increased rent but have a clause in the tenancy agreements which states: “If the tenancy continues beyond one year and is an Assured Periodic Tenancy then the rent will be reviewed annually on or […]

Hi, despite my repeated emails to my block managing agent, my freeholder is not providing the block’s building insurance certificate. I am entitled to a copy by law. But what law? How do I identify the individuals who own the freehold (I have the company name) and their addresses in order to write to them […]

I am exasperated by my situation and navigating the never ending legislation forcing landlords to evict, sell or face a criminal conviction. The great majority of landlords, to my knowledge, are normal caring people. We want to help others by providing accommodation for a fair price. We want to treat tenants fairly and we want […]

The UK’s house prices rose by 1.6% in March compared to the same period last year, following a 1.2% growth in February, according to Nationwide. This represents a modest increase but there was a 0.2% dip in prices on a monthly basis when adjusted for seasonal variations. The lender’s chief economist, Robert Gardner, said: “Activity […]

After the trauma of my first section 8 eviction, I finally enter the house to find the tenant, has let rabbits and a bird run loose in the house. As a pensioner I am left with clearing up this disgusting mess and trying to repair the property, gnawed balustrades, doors, gas fire insulation, scratched carpets […]

First-time buyers are a driving force in the housing market this year, making up a record one-third (33%) of all purchases in Great Britain during the first quarter, Hamptons reveals. This marks a significant jump from 29% in 2023, the previous high point. Lower mortgage rates compared to last year have improved affordability, enticing many […]

Hi, I have a block of 10 small studios, all long term and lovely tenants – one of my lovely tenants has become tricky since his girlfriend moved in – his shower leaks into the studio downstairs, a couple of repairs have been made over the last couple of years as there was nowhere for […]

A landlord has warned that “tenants will suffer the most” if new legislation and regulations get the green light. Mick Roberts, one of Nottingham’s largest landlords told Property118 about the harsh realities facing both sides of the rental divide. He also says selective licensing is causing chaos for landlords in Nottingham. Help tenants find a […]

Landbay has introduced new five-year fixed-rate offerings at an 80% loan-to-value (LTV) ratio, catering to both standard properties and small houses in multiple occupation (HMOs) and is the latest among several BTL lenders announcing product changes. In addition, the lender has implemented numerous rate reductions. Its new 80% LTV five-year offering for standard properties is […]