Page 257 – Property118

Michael Gove praises landlords and rejects rent controls

26th October 2023

Michael Gove, the Housing Secretary, has expressed his opposition to rent controls at the National Residential Landlords Association’s (NRLA) national conference. The event was held on the day after MPs debated the Renters (Reform) Bill, which aims to end so-called ‘no-fault’ evictions by abolishing section 21 notices. Mr Gove said that he recognised ‘the invaluable […]

Student Finance and S24 Income?

26th October 2023

Hello, my daughter and I are in a long-running dispute with Student Finance England regarding income assessment and Student Maintenance Loan. I am asking whether any other landlords have experienced this issue and possible solutions. The issue is that they are taking our Gross S24 Income (artificially inflated rental income including finance costs) rather than […]

landlord question Selective licensing property118.com

Crime Stats – specific to rental properties?

26th October 2023

Hello, Does anyone know how to find out the detailed crime stats for an area (postcode or actual road)? I am trying to pull together info to prove that selective licencing (SL) has been granted by the Secretary of State, but on the basis that the info presented by the council is factually incorrect and that […]

London’s landlords head North for higher returns

26th October 2023

London’s buy to let investors are turning their backs on the capital and looking for opportunities in the North of England, the Telegraph reports. According to estate agency Hamptons, two-thirds of London landlords who bought properties this year did so outside the capital, compared to just one-third 10 years ago. The North of England has […]

Lib Dems urge landlord MPs to disclose use of Section 21 ‘no-fault’ evictions

26th October 2023

The Liberal Democrats have challenged Conservative MPs who are landlords to reveal if they have ever evicted tenants without a reason. The party wants more transparency from the Tory MPs who may oppose the Renters (Reform) Bill, which aims to ban Section 21 ‘no-fault’ evictions in England. The Bill was introduced in the Commons for […]

Person holding smartphone with Airbnb app in modern short-let apartment kitchen and living area

Notice to Quit?

26th October 2023

Hello, on the advice of an eviction specialist I have issued my “tenant ” with a notice to quit. She is not a resident and is using the property for Airbnb now on an assumed tenancy at will – commercial property. I thought that once the notice period had ended I could take possession but […]

Home auction market sees more sellers but fewer buyers

26th October 2023

More homeowners are turning to auctions to sell their properties quickly in a slowing housing market, but they may face lower demand from buyers, research reveals. According to a report by House Buyer Bureau, 2.3% of all homes on the market are heading to auction, up from 1.7% a year ago. This means that almost […]

Lloyds predicts house prices will keep falling until 2025

26th October 2023

Lloyds has warned that the UK’s house prices will continue to fall until 2025 as the economy faces higher interest rates for longer. The UK’s biggest mortgage lender said it expects house prices to decline by 4.7% this year and by 2.4% in 2024, before recovering slightly by 2.3% in 2025. The banking group, which […]

How to prepare for bailiff eviction?

25th October 2023

Hello, I have a bailiff’s eviction coming up sometime soon, my first and last. Has anyone actually had the experience of being present on the day that their tenant was evicted? If so, what happened? Was the tenant prepared for this? Were they actually at home? Did the tenant go willingly? Did he/she leave loads […]

Houses of Parliament and Big Ben overlooking the River Thames during overcast weather, supporting article on UK housing standards

Property sector responds to the Renters (Reform) Bill latest

25th October 2023

The Renters (Reform) Bill’s second reading has been passed without a vote which has prompted various leading figures in the property sector to offer an opinion on what comes next. One of the big issues is that the government’s planned abolition of section 21 ‘no-fault’ evictions will not happen until the court system has been […]

Two dogs and cats pose for a picture

Landlords threat to hike rents amid pet policy changes

25th October 2023

Landlords are threatening to leave the market or hike rents if they lose the right to ban tenants from having pets, according to new research. In a poll of 1,400 UK landlords commissioned by the insurer Simply Business, 54% of landlords are concerned about the increased risk of property damage from pets. According to the […]

Renters (Reform) Bill could bankrupt landlords, warns expert

25th October 2023

A housing law expert has warned that the Renters (Reform) Bill, which aims to improve the private rented sector, will have dire consequences for landlords AND tenants. Des Taylor, a director of Landlord Licensing & Defence, said that the Bill will introduce new enforcement measures against landlords, which will result in massive fines and even […]

Propertymark policy head highlights concerns over the Renters’ Rights Bill’s impact on landlords and tenants

Housing crisis continues as demand surges past supply

25th October 2023

Demand continues to outpace supply in the lettings market, according to new data. The latest figures from Propertymark’s Housing Insight report reveal a stark gap between the supply of available rental properties and the surging number of new tenants eagerly signing up for a place to call home. According to the report, 52% of letting […]

Campaign to stop ‘unfair’ letting agent renewal fees is launched

25th October 2023

A property-tech lettings company says high street letting agents are charging landlords up to £1bn a year in unfair renewal fees and has launched a campaign to stop them. Hello Neighbour claims that landlords renting property through a letting agent are wasting money every time their tenant renews their contract, without getting any additional service […]

Is Dan Neidle Ideologically Opposed To Our Existence?

24th October 2023

The Venn diagram featured in this article offers valuable insights into the significant attention garnered by the trial of Property118 on Social Media, led by Dan Neidle. This attention has reached such heights that a prominent national newspaper has seemingly merged Neidle’s critique with HMRC’s Spotlight 63. However, it’s essential to acknowledge that Property118 had […]

Unlock the Secrets to Finding Profitable Property Deals

24th October 2023

How good are you at finding potential property deals? Are you ready to take your property investing skills to the next level? I’m excited to introduce a fantastic opportunity for you to discover just how skilled you are at finding those hidden gem deals in the property market. I would like to invite you to […]

Renters (Reform) Bill passes its second reading without a vote

24th October 2023

The Renters (Reform) Bill passed its second reading on Monday without a vote which means that the proposal to scrap Section 21 of the Housing Act 1988, which allows landlords to evict tenants without giving a reason, is a step nearer. However, this part of the Bill is likely to be delayed due to opposition […]

Angela Rayner in explosive showdown over Renters’ Reform Bill

24th October 2023

Labour has slammed Tory backbenchers for the delay of the Renters’ Reform Bill’s second reading. The Bill received its second reading yesterday evening where Shadow Housing Secretary Angela Rayner criticised the government for “betraying renters” with a “grubby deal” to avoid confrontation with Tory MPs opposed to the Bill. Labour argued that the reforms could […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Renters (Reform) Bill: The countdown to a PRS disaster has started

24th October 2023

I thought it was too good to be true that the Renters (Reform) Bill would not make it through this Parliament. And, sure enough, Dishy Rishi didn’t let me down. At the last minute, as he was no doubt deciding which laws would make it into the King’s Speech, he added the Renters (Reform) Bill. […]

Man and woman arguing over a bill property118.com

Chased by a utility company?

24th October 2023

Hello, cutting a long story short. Out of the blue, I received an unexpected electricity bill from Scottish Power for £1233 (interest and debt costs added) going back over 4 years in relation to a commercial property I rented out. It would appear that the tenant may not have paid for his electricity. Bearing in […]