Fleet Mortgages has lowered its rates on all five-year fixed products for standard and limited company borrowers. The rate cuts, effective from 8 November, are 20 basis points (bps) across the board. The products affected by the rate reductions are: Standard/limited company borrowers – five-year fixed-rate at 70% LTV now at 5.14% and 75% LTV […]

Hello, I have been approached by a wife and husband couple who are both skilled workers from abroad (care/nursing), they have been granted leave to enter (restricted work) but who have National Insurance numbers but no recourse to public funds, looking to rent my property. The visa expires Dec 2024. It looks like they have […]

The UK rental market is facing a supply-demand imbalance with rents expected to rise by 4% in the next year, the Royal Institution of Chartered Surveyors (RICS) reveals. Meanwhile, the house price outlook remains gloomy, with no signs of recovery soon. According to the RICS UK Residential Survey for October, tenant demand increased modestly in […]

King Charles has delivered his first King’s Speech as monarch, setting out the government’s legislative agenda for the year ahead. The speech outlined 21 bills that ministers aim to pass in the next Parliamentary session, which will last until autumn 2024. Among the key proposals was confirmation that the Renters (Reform) Bill would progress and […]

Labour has promised “to achieve more on housing in six months than the Tories have in six years”. Shadow Housing Secretary Angela Rayner vowed a Labour government would abolish no-fault evictions and support house building. In her commitment to addressing the housing crisis, Ms Rayner said “Labour is the only party serious about housing”. No […]

Economists have revised their forecasts for UK house prices, saying they will not fall this year as the property market defies expectations of a crash, the Telegraph reports. Capital Economics, an economic research group, had previously predicted a 5% drop in house prices for 2023, but now says they will end the year with no […]

Hello, I bought a 999 year leasehold flat in January 2015. Despite thorough searches by my solicitors, no management company was identified and the local London council who was the original freeholder wrote a reply stating that they were not the freeholder. Roll on to March 2023 and a Management Company that I have never […]

A survey by Airbnb, the online platform for short-term rentals, has revealed that most UK renters want to sub-let rooms in their homes to earn extra money. However, a leading landlord law expert has warned that this practice is illegal and highly risky for both tenants and landlords under current legislation. The survey, which was […]

Hello, I repossessed my student property to find the main house electricity supply meter, situated in a bedroom, had been changed to a prepayment meter without my knowledge. I’ve renovated the house as an HMO (It’s in an Article 4 area), and now I want the utility company to return the credit meter. They say […]

One leading industry body has warned that there are no advantages to introducing more rent controls in Scotland. In a discussion with Scottish government officials, Propertymark urged ministers to look at evidence of rent controls in other countries where rent controls are currently in place and are unsuccessful. Scottish ministers introduced a 3% cap on […]

A third of landlords who own rental property in their personal name are planning to switch to a limited company structure in the next three years, research reveals. Paragon Bank says it surveyed more than 1,000 landlords and also found that 37% said it was unlikely that they would incorporate. The main reason for not […]

Hi, I’m new to the forum and can anyone help? I’ve got a lodger who has had a section 8 served on 20th Sept. The main ground is ‘landlord moving back into property’. There are other discretionary grounds including arrears but not 2 months or more, the assured tenancy period has lapsed and, sorry to […]

Join Ranjan Bhattacharya and Andrew Roberts in another video as they share their thoughts on the new favourable council tax bands for HMO landlords and what it all means for UK property investors.  Check out the video below:

The UK’s house prices rose by 1.1% in October to end a six-month slump of price falls. However, the Halifax house price index reveals that prices are still down by 3.2% in the year to September. The average house is now worth £281,974 – which is £40,000 higher than before the pandemic. Halifax says that […]

Hi, We have a RTM (Right to Manage) Ltd company running our block, of which out of the 12 properties, 6 owners are directors who set up the company and paid all the fees to take over – approx £4k. My question is, if someone existing or a new owner wants to be a director, […]

Landlords in the UK have different plans for their portfolios in the next 12 months, with two-thirds (66%) of landlords not wanting to sell any of their property, research reveals. The findings from Landbay also show that one-third (34%) are considering selling some or all of their property – but just 10% of these landlords […]

The SNP’s housing minister has refuted claims that the government’s rent cap policy is exacerbating Scotland’s housing crisis. Paul McLennan denied claims the rent cap is driving up prices and reducing supply in Scotland. Scottish ministers introduced a 3% cap on private sector tenancies in October last year to help with the cost-of-living crisis, and […]

The UK’s student accommodation market is facing a crisis, as rents skyrocket, supply falls behind and demand increases, according to a new report. StuRents, a student accommodation portal, says that student rents are now up more than 10% year-on-year, while student maintenance loans have only increased by 2.8%. The average price for a bedroom in […]

Hello Folks, Are there any landlords out there being asked to provide Leaseholder Deed of Certificate by ground rent management Company due to the Building Safety Act 2022 and associated regulations? It seems quite complicated and I’ve not got a clue about it. Has anyone managed to complete it? Any advice will be much appreciated! […]

Are you a student landlord who is selling up as you find it unprofitable? Then, Ali Hussain, The Times and The Sunday Times chief money reporter would like to speak with you. Mr Hussain would like to speak to Property118 readers about: Why are or were you invested in student accommodation? Is it still a […]

Homeless charity Shelter has hit out at the prospect of charities being fined for dishing out tents to homeless people under government plans – which could be revealed in tomorrow’s King’s Speech, the Sunday Times reveals. The paper quotes Shelter’s chief executive Polly Neate as saying: “Living on the streets is not a lifestyle choice. […]