Page 266 – Property118
Modern Scottish Parliament building in Edinburgh with Calton Hill in the background

Second homes in Scotland could be charged more council tax

22nd September 2023

Council tax is set to double for second homes in Scotland. The Scottish government has put forward proposals which would give local councils the discretion to charge council tax premiums of up to 100% on second homes. If this proposal is approved the new measures could come into force by April next year. 24,000 second […]

Simon Zutshi

You are invited to the Virtual Property Exhibition on Friday 29th September

22nd September 2023

This is your invitation to attend the Virtual Property Exhibition, organised by the Property Investors Network (pin), on Friday 29th September from 9.30am to 5pm. This live online, no cost, training will feature nine of the top property speakers in the UK, who will provide a full update of what’s happening and what has changed […]

elegraph logo used in rebuttal to article on landlord tax structures

The Telegraph wants to speak to landlords about EPC targets and Scotland

21st September 2023

The Telegraph is looking to speak to landlords for two feature stories. The first one is following the news that EPC C targets have been scrapped, The Telegraph is looking to speak to landlords who were considering selling up or reducing their portfolios because of the cost of the targets – but are now thinking […]

The Bank of England, London, and a Union jack flag

Interest rates remain unchanged at 5.25% – ending 14 months of rises

21st September 2023

The Bank of England (BoE) has hit the brakes on base rate rises with news that the current rate of 5.25% will remain unchanged. The decision brings to an end 14 months of base rate rises and follows an unexpected slowdown in price rises last month when inflation fell to 6.7%. And the BoE follows […]

landlord news right to rent property118.com

Right to rent checks?

21st September 2023

Hello, could anyone from Property118 please help? As fines are going to increase from early 2024 does anyone know how we can ask the home office to check whether a passport document is genuine? There are some excellent forgeries out there so how are we supposed to differentiate if unsure? Any advice would be greatly […]

Professional portrait of a business executive representing Foundation Home Loans’ Buy to Let relaunch.

New BTL fixed-rate deals for portfolio landlords launched

21st September 2023

A new range of buy to let fixed-rate special deals, including a five-year product for portfolio landlords only, have been unveiled by Foundation Home Loans. The intermediary-only specialist lender’s new products are designed to cater to the needs of different types of landlord borrowers. That includes those with an almost clean credit history, to those […]

Photo of Gina Peters author of 'Lettings Law for Property Professionals' property118.com

Call for government action as landlords choose to sell up

21st September 2023

The UK’s rental market is facing a crisis as many landlords are choosing to sell their properties due to new legislation, economic uncertainty and tax changes, a legal expert warns. Gina Peters, the head of landlord and tenant at law firm Dutton Gregory, says this could lead to a shortage of privately rented homes and […]

Free guide published for landlords and tenants on tenancy disputes

21st September 2023

A new comprehensive guide to dispute resolution for landlords and tenants has been published. The Tenancy Deposit Scheme (TDS) and the National Residential Landlords Association (NRLA) have teamed to provide a guide on how to navigate potential conflicts that may arise during a tenancy without the need for legal action. The free guide aims to […]

Sunak scraps Energy Performance Certificate (EPC) targets

20th September 2023

Landlords will be celebrating after the government announced it will scrap the energy performance certificate (EPC) targets for homes. Prime Minister Rishi Sunak unveiled the plan – along with a ban on binning gas boilers – during a televised press conference from Downing Street. And tenants will be celebrating too since Mr Sunak acknowledged that […]

UK house prices rise at slowest rate in a year

20th September 2023

House prices in the UK increased by just 0.6% in the year to July – down from the 1.9% rise seen in June, the Office for National Statistics reveals. The ONS also says that the seasonally adjusted figure shows that house prices fell 0.5% between June and July. Homeowners in London saw the highest average […]

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

London is now unaffordable to graduates – every postcode is a ‘no-grad zone’

20th September 2023

London is now unaffordable to graduates, with every postcode in the capital a ‘no-grad zone’ thanks to sky-high rents, new data reveals. The average room rent in London and surrounding areas was at a record high of £1,013 in August. According to SpareRoom’s latest quarterly rental index, not one postcode in the capital has average […]

landlord news uk rents rise property118.com

UK rents continue rising as London leads the surge – ONS

20th September 2023

Private rent prices paid by tenants in the UK have continued growing and have risen by 5.5% in the year to August 2023, data from the Office for National Statistics (ONS) reveals. This is up from 5.3% in the year to July 2023, and reflects the strong demand for rental accommodation amid the ongoing housing […]

elegraph logo used in rebuttal to article on landlord tax structures

The Telegraph wants to speak to landlords about EPC ratings

20th September 2023

Are you a landlord who has spent money upgrading their properties to an EPC C rating? Then, Alexa Phillips, the personal finance reporter for the Telegraph would like to speak with you. Alexa would also like to speak to landlords who have sold properties because they were concerned about looming EPC targets. If you can […]

Pic of mould on bathroom window why blame landlords property118

Damp issues in flat – problems with tenants?

20th September 2023

Hello, I have a two bedroomed ground floor flat. The current tenants have been there for four years now. Last year, they began to complain of excessive damp within the property. I had a damp survey done and was advised to have the air bricks repaired and renovated as they had collapsed within the cavity and […]

Government has ‘spooked’ landlords over the Renters (Reform) Bill

20th September 2023

A buy to let mortgage expert has accused the Government of needlessly ‘spooking’ landlords over the proposed Renters’ (Reform) Bill with its language aimed at pleasing tenants. Gavin Richardson, the boss of Mortgages for Business, says the Government’s proposals to change evictions, including scrapping Section 21 notices, are not as bad as many fear. He […]

Worried letting agents voice fears over the Renters (Reform) Bill

20th September 2023

Most letting agents are against the proposed changes in the Renters (Reform) Bill and want to have their say, a survey reveals. The findings from PayProp UK found that 62% of respondents viewed the Bill negatively, while only 4.4% felt positive about it. The automated rental payment specialist also reveals that agents fear the law […]

Business professional in blue suit representing NRLA leadership on housing crisis.

Rent controls in Wales will worsen housing crisis warns NRLA

20th September 2023

One association is warning that introducing rent controls in Wales will have a ‘disastrous impact on the private rented sector.’ The NRLA has responded to the Welsh government’s Fair Rents & Adequate Housing consultation deadline explaining how rent controls influence landlord behaviour and stifle housing supply. The consultation period ended on the 15th of September […]

Home with energy rating label illustrating need for efficiency upgrades in PRS properties

Government launch scheme to help landlords with energy-efficiency improvements

20th September 2023

Landlords and homeowners could save hundreds of pounds towards energy-efficient improvements following the launch of the Great British Insulation Scheme. The scheme aims to help families on the lowest incomes and extend support to a wider range of households compared to other existing government-funded schemes. Those eligible for support under the scheme include families in […]

Andy Hulme of Hyde Housing Association responding to Housing Ombudsman report

England’s biggest social housing providers ignore official complaint warnings

19th September 2023

Several of the largest social housing providers in England are persistently ignoring official warnings from the housing ombudsman over how to improve their handling of tenants’ complaints – and the situation is getting worse. Landlords such as L&Q, Southwark Council and A2Dominion Group, who are responsible for 142,000 affordable homes, have failed to address issues […]