Page 249 – Property118
storage cupboard

Council trying to claim my storage shed!

24th November 2023

Hello, I bought my leasehold flat in 1999 from another leaseholder. At the time of purchase, the flat came with a storage cupboard in the entrance hall. The seller also offered to transfer a garage he was renting from the council and it was located at the back of the block. I declined the transfer […]

Permitted Occupier – are backgound checks permitted?

24th November 2023

Hello, I have had a request from a tenant who wants to move her boyfriend in. She has been there less than a year. She moved here for work from a fair distance away, professional and very nice. No issue at all with tenant/rent payments access or anything. Model tenant actually. I know I have […]

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

How renting out 1.74% of empty bedrooms could lower rents by 22%

24th November 2023

With the UK facing a severe rental crisis, with demand for rooms far outstripping supply and rents reaching record highs, one flat sharing site says there is a simple solution. According to data from SpareRoom, there are now 5.36 renters competing for every room available, up from 2.4 in 2017. As a result, the average […]

Black Friday Offer is now available!

24th November 2023

It’s Black Friday, and I wanted to share something incredible with you. I’m rolling out an offer you simply can’t afford to miss! For this Black Friday/Cyber Monday weekend, I’m slashing the price of my “How to Profit in a Falling Property Market Home Study Programme”, which is perfect for the current property market conditions. […]

Property for sale and rent signs outside UK homes highlighting active rental market

Britain’s top property portfolio yield rankings revealed

24th November 2023

London might be a hotspot for property investors looking to buy ready-made portfolios – but the area with the highest yield potential is found elsewhere in the country. Research by easyMoney that property portfolio investors have 884 options to choose from currently, with an average price of £1.2 million. The average portfolio consists of 6.9 […]

Landbay's sales and distribution director, Rob Stanton wearing a light blue suit and white shirt

74% of landlords welcome EPC U-turn

23rd November 2023

The government’s decision to drop its proposal that all rental properties must have an Energy Performance Certificate (EPC) rating of at least C by 2028 has been welcomed by most landlords, according to a new survey by Landbay. The research, which polled more than 1,000 landlords across the UK, found that 74% of them were […]

House prices set to fall by 4.7% next year – OBR

23rd November 2023

The UK’s average house price will fall by nearly £25,000 in 2024 – and won’t recover their 2022 house price high until 2027, it has been revealed. The data from the Office for Budget Responsibility (OBR) also warns that house prices would drop by 4.7% next year – that’s after a modest 0.9% rise this […]

Section 21 – multiple tenancy agreements and gas certificates?

23rd November 2023

Hi everyone, I would really appreciate any sort of suggestions on what to do. I have had the same tenants for 10 years since 2013 and I want to move back into the property so I’m thinking of serving a section 21. I signed around 4 tenancy agreements over the 10 years. I’m aware I […]

Police arrest someone damage landlord doors property118.com

Tenant arrested and ex partner refuses to leave property!

23rd November 2023

Hello, last December, the police were called out to my rental property, due to a nasty domestic incident. The tenant was removed by the police, and not allowed back unless he was with a police officer. His (now ex) partner, a state registered nurse, wanted to take over the tenancy, but letting agents said she […]

Student accommodation landlords uni property118.com

Student housing supply threatened by ban of fixed-term tenancies

23rd November 2023

The ban on fixed-term tenancies for students will create “severe consequences” in the private rented sector, warns expert. Calum MacInnes, chairman of the housing organisation, Student Accredited Private Rental Sector (SAPRS) demands the government treat private student housing the same as purpose-built student accommodation (PBSA) by allowing the sector to continue to offer fixed-term tenancies. […]

Propertymark representative discusses rent control concerns in Scotland

Propertymark slams proposed council tax hike on second homes in Scotland

23rd November 2023

Increasing council tax premiums on second homes will not solve Scotland’s housing crisis, claims a leading industry body. Propertymark gave evidence to the Scottish Parliament’s Local Government, Housing and Planning Committee and urged Scottish MPs not to implement the proposals arguing it does not represent an effective policy. Elsewhere in the Committee debate, Propertymark said […]

Debt repayment reminder with calculator and pen on desk, symbolizing rent recovery and financial management.

Tenants on breathing space respite scheme?

23rd November 2023

Hello, we are first-time landlords and we have nightmare tenants. They haven’t paid us any rent in the last 13 months and when we tried to evict them via section 8 they went into breathing space. There are 3 tenants and they are going into breathing space one after another which prevents us from getting […]

Autumn Statement 2023 Reveals Big News for Property Investors

22nd November 2023

The Autumn Statement 2023 reveals some fantastic news for property investors and developers including a brand new permitted development (PD) right to allow a house to be converted into two flats. Join Ranjan Bhattacharya as he discusses all this and more in the video below.

elegraph logo used in rebuttal to article on landlord tax structures

Daily Telegraph wants to speak to landlords on new house conversion proposals

22nd November 2023

Are you a landlord or homeowner who may benefit from the Chancellor’s plan to make it easier to convert houses into flats? Then, Alexa Phillips, the personal finance reporter for the Telegraph would like to speak with you. The Chancellor’s Autumn statement announced a consultation on a new Permitted Development Right for subdividing houses into […]

Autumn Statement 2023 – Landlord Reactions

22nd November 2023

Chancellor Jeremy Hunt has revealed that the Local Housing Allowance (LHA) will be unfrozen – and the rate will increase to the ’30th percentile of local market rents’. Mr Hunt told MPs ‘I have listened’ to landlords and tenant organisations before he unveiled the increase. The chancellor said that rent can account for more than […]

“Harder for politicians to ignore renters” claims Generation Rent

22nd November 2023

Renters wield more political power due to the surge in private renting, according to an activist group. According to a survey by Generation Rent, analysis of the census reveals that 194 constituencies in England have populations containing 20% or more private renters, up from 114 in 2011. At the time of the 2021 Census, the […]

Landlords optimistic about PRS after government’s EPC U-turn

22nd November 2023

Landlords are more confident about their letting businesses and the private rental sector (PRS) after the government scrapped plans to introduce mandatory energy performance certificate (EPC) levels, a report reveals. The findings from Foundation Home Loans are based on 785 online interviews with landlords and they reveal that landlords are expecting higher rental yields and […]

Net Rental Yields and how to increase them

North of England hotspot for second home purchases by investors

22nd November 2023

The North of England has seen a surge of investors buying second homes compared to the rest of England. According to estate agents Benham and Reeves, buy-to-let landlords are targeting these regions in search of better yields. Benham and Reeves analysed the volume of additional dwellings purchased between the 2020-21 and 2021-22 financial years across […]

Property expert outdoors discussing rising UK rent prices

Renters want bills included but few landlords offer it, study finds

22nd November 2023

More than half of tenants in England would like to have their utilities included in their rent, but just 12% of rental properties on the market offer this convenience, a survey reveals. Zero Deposit, a tenancy deposit alternative company, asked more than 2,400 tenants about their preferences and stress levels regarding bills when renting. The […]