With a combined experience of more than 26 years in property, husband and wife team Manni and Romey Chopra have transformed the property world. In 2016, the Chopra Property Group was born and since then they have won numerous awards in the industry and have now achieved Property Development of the Year (above £1 million) […]

Hello, My property was rented to an individual who paid the initial deposit which sits in a holding account. In December last year, we added her new husband to the rental contract and changed contract to new married surname. We did not amend details on deposit being held. She has since spit from her husband […]

Deposit alternative provider flatfair is celebrating a record-breaking first quarter of 2024, with a significant rise in tenants choosing its No Deposit option. The firm says the surge is down to the increasing affordability challenges facing tenants because of rising rents. From January to March, flatfair says it recorded its highest figure to date as […]

I am selling a buy to let property that I did a £100,000 extension on 15 years ago. Can I claim this as a capital cost on my CGT return even though I no longer have the receipts? Also, can I include the SDLT I paid at the time, which I don’t have any documentation […]

We’ve all seen the headlines, from mixed-message articles to advice from experts and landlords, but if now REALLY is the best time to sell, how can we ensure we’re getting the highest amount in the fastest time? Simply Business recently reported that 1 in 4 landlords are looking to sell this year, and for good […]

The Cats Protection charity claims the Renters Reform Bill could end the ‘pet privilege’ where only those who own their home have the right to own a pet. However, what they do not call for is the ability to charge an increased deposit over the maximum 5 weeks to cover the risk of property damage […]

As the House of Lords gears up to debate the Renters (Reform) Bill today, they are being warned that landlords selling their properties is the biggest challenge facing renters in the UK. That’s according to the National Residential Landlords Association (NRLA) is pointing to government figures. The data reveals that 45% of households that needed […]

Hi, hopefully Property118 readers can provide some advice. My daughter is a tenant (of 4) in a student rental where one of the students has not paid any of their rent (now 7 months into a 12 month agreement). The tenant in question told the other flatmates and the agent that she had paid in […]

For me, property investment has been a cornerstone of an international lifestyle I had planned and worked hard to achieve for decades. The security of a steady income stream through rental profits and long-term capital appreciation was always a powerful motivator. However, for me, the joy of property investment has transcended the financial advantages. There […]

Hi everybody, Can anybody help? I’ve issued a section 21 notice and a section 8 notice for non-payment of rent simultaneously. My tenant owes £3,500 currently. They have a guarantor (I’m not holding much hope). My question is this. Can I write to the guarantor ahead of the eviction date? And let them know that they’re on […]

The UK government’s decision to abolish the furnished holiday lettings (FHL) regime has led one firm to identify the areas most likely to be impacted. The study by Howden Insurance, using data from the Office for National Statistics (ONS), unveils those holiday home hotspots across England and Wales. The Isles of Scilly takes the crown […]

House prices in Scotland have bounced back to record their strongest growth in over a year, one index reveals. The data from chartered surveyors Walker Fraser Steele found that after a five-month decline, prices rose 1.4% in March. That beat expectations and was higher than the price trends seen in England and Wales. The average […]

London is leading the UK in rent price growth, with rents surging by an average of 11.2% over the past year, one analysis reveals. The figures from lettings agent, Benham and Reeves, which looked at data from the Office for National Statistics (ONS), found that rents across Britain have risen by 9.1% on average. In […]

Private rented sector experts have identified a loophole in the Renters (Reform) Bill that could lead to a confusing patchwork system for landlords and tenants over evictions. The Bill, which aims to abolish Section 21 ‘no-fault’ evictions might not deliver on this promise. That’s according to Oli Sherlock, the managing director of insurance at Goodlord, […]

A landmark court case could throw a spanner into how landlords handle tenant communication after the Court of Appeal agreed to hear a second appeal in the case of D’Aubigny v Khan. The case hinges on whether crucial documents can be legally served by post. The tenant argues they never received essential paperwork, including an […]

I’m about to renew an AST and wanted to know if any landlords on this wonderful forum have added any custom clauses to their AST’s that is not obvious/standard? Out of interest, I normally add the following to my AST’s: Custom Clause 1. No dogs are permitted at the property. One (1) cat may be […]

1) Supply squeeze pushing up rents, 2) predicted interest rate drops to provide landlords with a double boost, 3) how landlords are benefitting from PropTech and open banking, 4) more reasons for landlord optimism. You’ve probably noticed the eye-catching image that kicks off this article—a cheeky scene of a businessman riding a flying pig high […]

Landlords are pointing to tax changes, rising costs and a challenging economic environment for the continuing rise in rents, Propertymark says. It has spoken to landlords after the Office for National Statistics revealed that rents grew by 6.1% in England, 7% in Wales and 6.8% in Scotland in the year to January. Now Propertymark is […]

Landbay has streamlined its like-for-like remortgage products for buy to let landlords by simplifying its affordability checks and offering lower interest rates. Landlords looking to remortgage without increasing their borrowing amount can benefit from the lender’s revised stress test criteria. Instead of the usual calculation that factors in a 2% interest rate hike on top […]

House prices in England and Wales are continuing to fall, but the rate of decline is slowing, according to the latest e.surv house price index. The average sale price of completed home transactions using cash and/or mortgages in England and Wales rose by a small amount (£127) to £359,154 in April. This is still 2.9% […]

While it may have been known for its strong commuter belt effect on house prices, London now has the weakest ‘ripple effect’, research reveals. Estate agents Yopa have analysed house price growth over the past five years in 12 major British cities. It then compared this growth to the average increase in local authorities bordering […]