House prices in England and Wales look set to fall by 3.6% during the first quarter of 2024, according to new data. The comparison website Reallymoving reveals property prices will fall from £323,594 in  2023 to £311,936 in the first quarter of 2024. The website says the economic doom and gloom of 2023 looks set […]

Renters are sacrificing summer holidays due to rising costs, according to new data. Flat share website Spareroom reveals that 72% of renters will be taking fewer holidays in 2024 due to a lack of funds. Spareroom says renters have faced “a miserable 18 months” due to rent hikes. May not go on holiday at all […]

The Bank of England’s Monetary Policy Committee (MPC) voted 6 – 3 to maintain the Bank Base Rate at 5.25. Two MPC members voted to to increase the rate by 0.25% and one member voted for a 0.25% reduction. This is consistent with the MPCs’ recent decisions to follow the FEDs decisions announced the day […]

Hello, I am trying to prepare in advance of 1st April when the new LHA rate is applied. According to S13, a rent increase has to happen on the same day the tenant moved in so for this example let’s say the 29th of the month. So in this example, I issue the S13 on […]

A Loan to Value of 85% is now possible with Lendinvest, including fees and 12-month roll-up interest of 1.09% per month. Below is a recent case study for this product that also incurred a 2% lender fee and a valuation fee of £850. Background – Experienced landlord with redevelopment experience and a fast team of […]

Paragon Bank has announced the launch of new five-year fixed-rate products for buy to let landlords with properties that have high energy efficiency ratings. The products are available on Paragon’s 5% fee option, which is suitable for the purchase or remortgaging of single self-contained (SSC) properties that have an energy performance certification (EPC) of A-C. […]

The cost of renting a property in England rose by 7% year-on-year in January 2024, with the average monthly rent now £1,154, up from £1,076 in January 2023, one rent index reveals. According to the Goodlord’s data, rents increased by 1% month-on-month in January, following a strong December for the market. The North West saw […]

Robert Jenrick, the former housing secretary, has urged the government to end its ‘war’ on small landlords. Writing for the Daily Telegraph, he argues that the next Budget should restore mortgage interest relief which was scrapped to discourage buy to let investment. He claims that this policy has backfired, as many landlords have left the […]

More than half of buy to let landlords have increased their property holdings in the past year, a new study by The Mortgage Lender (TML) has found. The research, which surveyed more than 1,000 residential BTL landlords, showed that 52% of them acquired more properties in the last 12 months, with 25% buying one more […]

Private rented sector landlords are set to receive more than £70 billion in housing support from the government over the next five years, according to an analysis by the New Economics Foundation (NEF). The think tank found that private landlords will benefit from six times more public money than the government’s planned spending on affordable […]

Will a Labour Government mean tough times ahead for buy-to-let landlords and buy-to-let property investors?  And what amendments will Labour make to the Renters Reform Bill going through Parliament? Join Ranjan Bhattacharya as he discusses all this and more in the video below 

Labour’s Angela Rayner says the party will extend Awaab’s Law to landlords in the private rented sector (PRS). She told Good Morning Britain viewers – see the video below – this will protect 1.6 million children who live in cold, damp or mouldy homes owned by private landlords, according to data from Citizen’s Advice. Awaab’s […]

WARNING For those who aren’t aware:  Taxpayers have 60 days from the date of completion of the disposal (not the date of exchange of contracts) to report the property disposal and pay the estimated CGT to HMRC. Late filing penalties may be charged, together with interest on any unpaid tax. We sold 2 out of […]

The UK housing market showed signs of recovery in January, as the annual rate of house price growth improved from -1.8% in December to -0.2% in January, the strongest performance since January 2023. According to the Nationwide house price index, prices increased by 0.7% in January, after adjusting for seasonal factors. This is the second […]

When landlords were asked to share the most unusual items that had been left behind by tenants, the most bizarre included adult toys, the ashes of a relative, bottles of urine, a coffin, underwear, a BMW and pets – but only ‘some’ of were alive. Research from Direct Line business insurance reveals that 72% of […]

There’s a growing disparity between the mortgage options for landlords and first-time buyers in the UK with the number of buy to let mortgage products rising by 8.8% in the last quarter. But the number of products for first-time buyers dropped by 3.4%. That’s according to research from Octane Capital which analysed the current availability […]

The harsh reality of renting in the UK for young people has been revealed by a report which highlights that just 7% of the rental market is affordable for under-30s. The research from Zero Deposit is based on the combined cost of a five-week deposit and the first month’s rent. The firm also looked at […]

Tenants engaging in anti-social behaviour could face being disqualified from social housing. The proposals by the government in a bid to shake up the social housing sector could see a “three strikes and you’re out” policy implemented to tackle anti-social behaviour. Those who engage repeatedly in anti-social behaviour could face being disqualified from social housing […]

Hello, some background the property is based in the London/South East region. Tenants were struggling historically and large arrears built up during covid. Eventually, the tenants recovered and have been paying rent on time during the past year but made minimal (as in near zero) effort to deal with the arrears until the issue was […]

Tenant demand is still continuing to outstrip supply with letting agents seeing a reduction in stock levels. The latest figures from Propertymark’s Housing Insight report reveal a 16% fall in the number of new tenancies signed in December. According to the report, rents continue to “ebb and flow” with some agents reporting a rent increase. […]

The NRLA have teamed up with a property fraud service to help protect landlords from tenant subletting. Title Guardian monitors Land Registry title documents and other digital sources and is designed to meet the rising threat of property fraud for landlords. According to Direct Line Business Insurance, nearly half of tenants (48%) who sublet do […]