Landlords using interest-only mortgages have experienced a soaring 283% increase in their monthly interest costs since 2021. The research by Octane Capital reveals the damage high interest rates have caused for landlords. According to the report, those landlords who make a full monthly repayment have seen the monthly cost of their mortgage climb by 71%. […]

The number of homes bought by Londoners outside the capital fell to their lowest levels in nine years. According to research by Hamptons, Londoners spent £28.7bn on homes outside the capital this year, 29% or £11.7bn less than in 2022 and £20.1bn down on 2021 when outmigration peaked. The number of Londoners leaving the capital […]

With rising interest rates in 2023, many landlords are not making as much as they would like from their rental properties. One way to boost your rental income is by repurposing property to use for Short Term Rentals and Serviced Accommodation. By converting some of your existing properties you could be making more money in […]

In Scotland, the rules differ from England and Wales when trying to evict a tenant, with the rent eviction ban still in place until March 2024 some landlords may be puzzled about the regulations. Evicting a tenant is never easy but we have created a guide for landlords with properties in Scotland on how to […]

Finding a pet-friendly rental property during the festive season is proving to be a tough challenge for renters. According to research by Zero Deposit, only 9% of rental properties in England are listed as pet-friendly – that’s just over 8,000 out of 94,000 rental properties. However, the Renters’ (Reform) Bill will soon force landlords to […]

In a mixed year the property market ends on a high note, Zoopla reports. According to its latest House Price Index, the final weeks of 2023 have recorded above-average levels of new sales with a 17% increase compared to the same time last year. Demand still remains high at 19% but Zoopla says an increase […]

Rent prices are soaring faster than ever, according to new data. The Office of National Statistics (ONS) has released data which shows rents have risen by 6.2% in the UK. This increase represents the largest annual percentage change since the ONS UK data series began back in January 2016. Record-breaking increase According to the ONS, […]

I’ve got a limited company that has accumulated surplus profits over many years and zero liabilities. I am now out of that business so don’t need the company as a trading vehicle and want to switch it to an SPV to use the accumulated funds to purchase buy to lets. The accountant says it could […]

Whether you’re a seasoned investor or just starting out, these tips are crucial for building a robust and profitable property portfolio. Don’t let negative equity sneak up on you— join Ranjan Bhattacharya in this video and discover how to fortify your investment strategy!

Hello readers, I have a 30-year-old tenant who keeps the property very clean and in most ways is an ideal tenant. However, her ex-boyfriend who shares custody of their 5-year-old daughter is becoming in her words a pest. When he comes to pick up his daughter he rather barges his way in. The tenant finds […]

I gave my home to a rental agent who has disappeared and left me £13k in debt and hasn’t paid me any rent. When I went to his office it was just another landlord who was in debt with him for 20k and have since found out he has done so far to 4 landlords […]

One landlord legal firm only wants one New Year resolution from councils and First-Tier tribunals. Phil Turtle, of Landlord Licensing & Defence, is urging councils and Tribunals to stamp out the practice of sending critically important documents to landlords and agents only by post. He warns the issue is a major problem for landlords across […]

Shocking new figures reveal Nottingham has the highest rate of homelessness across the county. Data from Shelter reveals 2,700 people across Nottinghamshire will be homeless this Christmas. This includes around 1,340 children who are stuck in temporary accommodation such as B&Bs. One landlord says selective licensing is to blame for the high levels of homelessness […]

A lack of Energy Performance Certificate (EPC) enforcement in Scotland is putting tenants at risk of high energy costs or cold homes, one firm says. PayProp UK sent Freedom of Information requests to the Scottish government and some of the country’s biggest councils, including Edinburgh, Dundee, Aberdeen and Glasgow. The results showed that neither central […]

After a year of soaring rents and scarce rooms, flat share website SpareRoom has offered its data pointing to a more positive outlook for renters in 2024. The firm says that the rental market may be on the verge of recovery, as the ratio of people looking for rooms versus the number of rooms available […]

Hello Everyone, I hope you can answer this please as I am not sure the agent is right in saying this to me. The tenant was issued a section 21 in July 2023, to vacate by October 2023. They did not vacate on this date. However, they have carried on paying the rent to the […]

We have recently made a complaint against our local council whose housing officer made false claims about us and the handling of an eviction: “To whom it may concern, I am writing to make a formal complaint against a housing officer, ***** who made a false accusation on two occasions. Mr ***** was dealing with […]

Hi all, I’m after some advice, please. I have a property fully paid up and currently carrying out refurbishment works inside and out. However, I do not live in this property. This is ongoing and by April 2024 will be 2 years since I took possession. My concern is that I am living with my […]

Michael Gove has announced a new national policy framework (NPFF) in his long-term plan for housing. The Housing Secretary laid out his plans to build more homes across England and promised to act against councils that miss deadlines to submit their housing plans. The government has been under pressure after they abandoned house-building targets of […]

Industry bodies warn that the county court system will continue to fail without proper investment. Propertymark is calling for a dedicated housing court to tackle the never-ending backlog of possession cases. The NRLA argues that a properly resourced court system is essential to ensuring landlords have the confidence to remain in business and continue to […]

Rising mortgage payments will lead to higher rents, the NRLA and Bank of England warn. According to the NRLA, almost two-thirds of private landlords expect to see their mortgage payments increase over the next 12 months. The news comes in the wake of the Bank of England’s announcement that the base interest rate will stay […]