Landlords who rent to social tenants will face a £1,700 annual shortfall on new lets despite the Chancellor’s attempt to increase housing benefits in his Autumn Statement, the Daily Telegraph reports. The local housing allowance (LHA) rates, which determine the amount of housing benefit claimants receive, will be raised in April 2024 to cover rent […]

The Government has unveiled a new bill that will deliver significant new rights and protections for millions of landlords and homeowners in England and Wales who are trapped in the unfair and outdated leasehold system. It will make it cheaper and easier for leaseholders to buy their freehold or extend their lease, increase standard lease […]

Hello, the bailiffs finally evicted our very troublesome tenant on Friday after months of hassle. Our tenant had made zero effort to pack any of her things prior to eviction. The bailiff gave her, very politely 10 minutes to put into bin bags what she needed to take. Our tenant now has 14 days to […]

A market forecast for the sales and lettings markets for the next two years reveals that tenants will see rents rise and landlords and homeowners will see their property values fall. The forecast leading estate agency Chestertons has looked at the economic outlook for 2023, along with the interest rate hikes, and the supply and […]

Booming Rental Market: How OpenRent Landlords Are Maximising Profits Dear OpenRent team, I object to your article for several reasons. Firstly, the whole tone of ‘landlords maximising profits’ and ‘How Much Can a Landlord Increase Rent in 2023?’ are not helpful or correct – there is double digit real inflation (methods of measurement have been […]

After Storm Babet and Ciaran wreaked havoc across the country in recent months, there’s more bad weather on the way and landlord flood insurance is one way to help protect a rental property investment. Flood insurance is one of the biggest challenges facing the insurance sector and landlords will want peace of mind when choosing […]

The government should revive its EPC plan to make landlords insulate their rental properties to a higher standard, a think tank has said. The Social Market Foundation (SMF) said that raising the Minimum Energy Efficiency Standard (MEES) for the private rented sector to an Energy Performance Certificate (EPC) rating of C would help the UK […]

The private rented sector (PRS) in the UK has a new campaign group: the Housing Coalition. The group consists of several leading organisations, forums and associations that represent landlords, agents and tenants, including Property118 and Propertymark. The group’s mission is to allow a collaborative voice to improve standards within the sector, make private renting fairer […]

Hello, I’ve not needed to use section 21 previously and it would be great to hear your experiences if members are willing to share (whilst there still is a Section 21!) I would state my aim would always be to make amicable arrangements with the tenant and avoid the need but what I am really […]

Hello, please can I have some help from Property118 members? I would like to know what is the shortest amount of time I can give my tenant to remove their belongings if they leave these in the property after the bailiffs have been and the locks have been changed. Any advice from Property118 members on […]

The UK government’s decision to scrap its plans to require energy performance certificates (EPC) for rental properties to have at least a C rating has led to a significant drop in landlords’ investment in energy efficiency measures, a new report reveals. According to the Lloyds Banking Group, its Housing Stocktake 2023 report shares insights on […]

Join Ranjan in another video where he discusses why he’s selling up some of his buy-to-let investment property in 2024 and will share why you should consider doing the same. Watch the video below to find out more    

Oh, dear, oh, dear, I can’t believe that the intellectual colossus known as Angela Rayner has declared that section 21 ‘no-fault’ evictions will be made illegal on day one of a Labour government. Leaving aside my prediction that Labour won’t win the next General Election, or they’ll be stymied by a hung Parliament, someone needs […]

Hi, can anyone help with the following please, we have a tenant who we need to evict. The problem is that we only had the Gas certificate in place at the start of the tenancy and no other documents, is this enough to go ahead with a S21? Also, 10 months after the start of […]

The value of England’s housing market has soared by £1.6tn because of the pandemic property boom, according to new research. The research by estate agency Yopa is based on the number and value of dwellings which shows that the average house price has risen by 25% from £248,097 in December 2019 to £390,602 today. And […]

Hello, I bought my leasehold flat in 1999 from another leaseholder. At the time of purchase, the flat came with a storage cupboard in the entrance hall. The seller also offered to transfer a garage he was renting from the council and it was located at the back of the block. I declined the transfer […]

Hello, I have had a request from a tenant who wants to move her boyfriend in. She has been there less than a year. She moved here for work from a fair distance away, professional and very nice. No issue at all with tenant/rent payments access or anything. Model tenant actually. I know I have […]

With the UK facing a severe rental crisis, with demand for rooms far outstripping supply and rents reaching record highs, one flat sharing site says there is a simple solution. According to data from SpareRoom, there are now 5.36 renters competing for every room available, up from 2.4 in 2017. As a result, the average […]

It’s Black Friday, and I wanted to share something incredible with you. I’m rolling out an offer you simply can’t afford to miss! For this Black Friday/Cyber Monday weekend, I’m slashing the price of my “How to Profit in a Falling Property Market Home Study Programme”, which is perfect for the current property market conditions. […]

London might be a hotspot for property investors looking to buy ready-made portfolios – but the area with the highest yield potential is found elsewhere in the country. Research by easyMoney that property portfolio investors have 884 options to choose from currently, with an average price of £1.2 million. The average portfolio consists of 6.9 […]

In this video, Ranjan and Andrew discuss proposed new leasehold rules that could spell disaster for freehold owners. What does this mean for Property investors and the Property market? Watch below to find out.