Hi, does anyone have any information regarding the Leasehold and Freehold Reform Bill particularly with the redress scheme? ie will Leaseholders who are also Joint Freeholders who manage their building have to pay the same registration fee as Professional Letting Agents? The two government approved redress schemes are: The Property Ombudsman (TPO) which Letting Agents […]

Hi all, I am a Ltd Company B2L investor looking to expand my portfolio. One of the key barriers I face is the additional rate of stamp duty. I’m considering whether purchasing a Ltd company in its entirety might be a more cost-effective approach. My understanding is that this would be classed as a purchase […]

More than 40% of landlords are still undecided on who to vote for in the upcoming general election, according to a new survey. A report by Landbay, reveals, 41% of landlords haven’t made up their minds. Among those who have, 31% back the Conservatives, while a mere 12% support Labour. The Liberal Democrats barely register […]

The number of HMO licences issued in England surged to 27,177 last year, according to data firm Searchland. Since the introduction of mandatory HMO licensing in 2018, the number of licences has seen a remarkable increase. Starting from 7,839 licences in 2018, the figures rose sharply to 26,312 in 2020. However, the numbers dipped to […]

Investing in property investment can be a great way to build wealth and generate a steady income stream. But before you take the plunge, it’s crucial to secure the right financing for your property investment. With numerous mortgage options available, choosing the best one can feel overwhelming. This guide explores the common mortgage types in […]

The general election will not hurt house prices in the long term, according to a new study. The research from eXp UK, the platform for personal estate agents, reveals house prices climbed by an average of 5.4% in post-election years. Mr Sunak announced a snap general election which will take place on Thursday 4th July. […]

A landlord has criticised the media for its one-sided negative portrayal of landlords. Mick Roberts, one of Nottingham’s largest landlords to house benefit tenants, told Property118 that the media tends to depict landlords in an unfairly negative manner. Mr Roberts is calling for more support to help landlords and to reverse Section 24. Can a […]

Hi, we have two phases in our property development: Phase One: 149 flats (140 with leases), built around 2005. Phase Two: 66 flats (11 with leases). The landlord rents out the rest and has created leases on parking spaces in this phase. Any idea why the landlord would create leases for parking spaces in phase […]

A letting agency has called for the next government not to punish landlords and instead promote policies for more investment in the private rented sector. Leaders Romans Group has compiled a Top 10 Manifesto Wishlist with a list of fiscal reforms for the private rented sector. Some of the reforms on the wishlist include tax […]

A bank has caved in to pressure from a renter group and agreed to extend the maximum length of tenancy contracts in their buy-to-let mortgages from 12 months to three years! Tenant union group ACORN called on TSB to remove the restriction on tenancy lengths, arguing that the 12-month limit forces tenants into a cycle […]

London’s rental market appears to be picking up as tenant demand rises after data shows there was a 12% rise in applicants in April – the first time since January. Data from Foxtons shows that tenant demand is down 10% year-on-year, but it appears that renters are taking advantage of less competition to move home. […]

Hi Everyone, An unusual one here as my tenant engaged solicitors to claim against me, because my agent made a mistake on the AST prescribed information stating the deposit is put in the TDS custodial scheme. However, I actually used the TDS insured scheme. Has anyone come across this issue before and could the tenant […]

Rishi Sunak’s surprise announcement to call a General Election might turn out to be one of the best political gambles of modern times but where will landlords stand? None of the parties have been kind to landlords in recent years, so I don’t expect that will change before July 4. So, here’s my message to […]

The Renters (Reform) Bill is dead, according to various tenant groups. The Renters (Reform) Coalition and Generation Rent, say the Renters (Reform) Bill is unlikely to pass before the General Election. However, the Leasehold and Freehold Reform Bill will be debated in the House of Lords today. Renters (Reform) Bill is dead In an update […]

Discover how to double the value of your commercial property with Ranjan’s expert tips! In this video, Ranjan takes us through a commercial site he’s currently converting, highlighting simple and logical changes that make the space significantly more valuable and attractive to potential tenants. Learn how to use strategic layout adjustments to transform your property […]

A couple of days ago I shared an article from the Telegraph entitled “160,000 rental properties disappear as landlords sell up” – with some commentary that has had a fair few thousand impressions on social media, including a couple of thousand views on my YouTube channel on my video on the subject (that’s a big […]

Hi Everyone, My ex-tenants and I have signed a deed of surrender which reads: “The Tenant hereby surrenders and releases to the landlord all their interests in the Property with vacant possession and the Landlord herby accepts the surrender. The parties have signed and executed this document as a deed on the above date.” I […]

There are 6 freehold properties all equally own a shared drive and communal land. Membership of the management company is a condition of purchase of any of the 6 properties. One property is now for sale and the joint owner of that property got access to the management company bank account and emptied it? Can […]

While London has seen house prices fall in the past two years, properties near Crossrail stations have shown some growth, one estate agency says. Benham and Reeves say the stations offer a surprising bright spot in the capital’s property market On average, house prices near Crossrail stations have risen 3.3% since the Elizabeth Line opened […]

Tenant demand across the UK’s private rented sector (PRS) is soaring but there’s a huge imbalance between supply and demand, a survey reveals. According to Paragon Bank, there are very few landlords experiencing weak interest currently. Nearly 800 landlords were questioned and a staggering 83% of them reported strong tenant demand in the first quarter […]

I have been made aware during the proposed sale of the building I own, that planning permission was granted for conversion to form 5 flats and 2 shops in 1995. However, in reality, there are only 4 flats and 2 shops, after the works Mr A sold the building to Mr B in 2001, and […]