Page 273 – Property118
Brown folder labeled “Portfolio” beside a pen, notebook, and plant on a white desk.

HMO buy to let remains a popular investment choice

24th August 2023

Most UK property investors are still confident in the value and performance of their portfolios – and 71% have not seen a decline in the value of their portfolios since December 2021. That’s when the Bank of England began raising interest rates from the historic low of 0.1%. The research from Sourced Franchise also found […]

Pic of woman confused about DBS form and selective licensing needs property118

Selective License and DBS check?

24th August 2023

Hello, I am having to get a DBS (Disclosure and Barring Service, I’m not sure of all the abbreviations for lettings etc.,) for my Selective License. I emailed the council, asking what the point was, and if I had a criminal record, that doesn’t stop me from owning a house and renting it out. The […]

Estate agent boards outside rental properties in London highlighting demand in the private rental sector

Rented home supply in London begins to improve

24th August 2023

The supply of homes to rent in London is improving, two leading firms in the sector say. Flat share platform SpareRoom says that the ratio of tenants looking for somewhere to live has fallen, year-on-year. It adds 5.6 active renters were looking for rooms last month – down from 6.2 in July last year. For […]

pic of emergency exit light sign communal entrance property118

To light or not to light a communal entrance?

24th August 2023

Hi, My Fire Risk Assessment and myself have a difference of opinion on whether emergency lighting is required in the communal area of a small block of flats. The block has 2 ground floor flats with separate entrances and 2 first floor flats who enter via a communal hallway. The communal entrance door is glass […]

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

UK’s landlords not tenants need funding help to meet EPC targets

24th August 2023

Landlords need more help in achieving the government’s energy performance certificate (EPC) aims for the private rented sector (PRS) by reducing the number of hurdles to access cash help. That’s the view of Gina Peters, the head of landlord and tenant at Dutton Gregory Solicitors, who says that the government needs to review its Energy […]

pic of mould behind wallpaper newham council to pay compensation to tenant with mould and damp property118

Council that threatened PRS landlords to pay £5,400 compensation to tenant

23rd August 2023

Just days after threatening private rented sector (PRS) landlords with taking control of properties they don’t license and look after; a council has been told to pay a tenant £5,400 in compensation. The Housing Ombudsman announced the payment for prolonged damp and mould neglect in a home – a problem that ran for more than […]

Two professionals discussing withheld landlord documents during a property handover.

Freeholder disputes legitimacy of RTM’s appointed managing agent?

23rd August 2023

Hi everyone, I’m seeking help for an issue the RTM (Right to Manage) is dealing with. The RTM gained legal status on April 28th, 2023, and we (I’m one of the two directors) hired a managing agent to handle the block on our behalf. Unfortunately, there’s a disagreement with the freeholder due to plans to […]

professional portrait of a young man in a suit representing tenant advocacy in the Renters’ Rights Bill debate

Government should step in now to help renters – Generation Rent

23rd August 2023

A tenant activist group says the government needs to step in and help renters and put in place long-term solutions to the housing crisis – including the unfreezing of Local Housing Allowance (LHA). The call comes from Generation Rent after the housing charity Shelter warned that 51% of tenants are ‘just one pay cheque away’ […]

Sold estate agent signs highlighting the UK property market squeeze amid landlord sell-offs.

Sitting tenants increasingly face eviction in ‘landlord exodus’

23rd August 2023

Thousands of sitting tenants are facing eviction due to struggling landlords selling their properties before the tenancy agreement ends, research reveals. House Buyer Bureau says there has been a ‘landlord exodus’ in recent months across the country as landlords struggle to make a profit in the face of rising BTL mortgage rates. Its analysis also […]

council tax bill resolving landlord or tenant liability property118.com

Council tax and studio flats?

23rd August 2023

Hello, a landlord owns a house which has been converted into 4 flats – 3 studios and a 2 bedroom in the loft. Each flat is registered with the council and has its own address. He is currently waiting for his application for a Lawful Development Certificate (LDC) to be approved and in the meantime, […]

Tenant demand surges in London and East Midlands

23rd August 2023

The strongest tenant demand in the country is being seen by landlords in outer London and the East Midlands, research reveals. Paragon Bank says that in the second quarter of this year, 91% of landlords in outer London reported a surge in tenant demand, with 67% stating the growth is ‘significant’. In the East Midlands, […]

pic of student house to let student numbers rise but rented property numbers fall property118

Student housing shortage worsens across UK cities

22nd August 2023

Despite a rise in student numbers heading to university this year, there has been a big 24.5% drop in the number of student homes available to rent, a survey reveals. The findings from Savills highlight that the number of student homes to rent is lower now than before the pandemic hit, but student numbers have […]

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Renting is now cheaper than buying

22nd August 2023

Rising mortgage rates mean that renting a home in the UK is now a more cost-effective option than buying a home for the first time since 2010, one analysis reveals. The findings from Zoopla highlight that the average monthly rent is now £1,163, while the average monthly mortgage payments for first-time buyers, considering a 15% […]

Help! Can I charge for storage of stuff left?

22nd August 2023

Hello, when our tenant stormed out following bailiffs eviction, he left everything behind. Stuff on the walls and floors and items in cupboards! Our agent served Abandonment Notice on the same day, giving 21 days before we dispose of items. As I can’t start refurbishment yet, I am losing time and money, again! Can I […]

pic of childminder in a rented home with children property118

Social landlords urged to allow childminders to work from rented homes

22nd August 2023

Housing associations, social landlords and developers across England are being urged by the government to allow childminders to work from their rented homes. The children and families minister, Claire Coutinho, says the initiative will help boost childminding numbers and expand childcare options for parents. She has now written to social landlords saying they should offer […]

Mismatch between supply and demand widens

22nd August 2023

The mismatch between supply and demand is putting huge pressure on renters, according to a new report. The latest figures from Propertymark’s Housing Insight report reveal a 38% increase in the number of prospective tenants looking for a property compared to July 2022. However, the number of properties available has only risen by 24% meaning […]

tenancy agreement

Law depot tenancy agreement?

22nd August 2023

Hello, just checking if anyone has used a LawDepot tenancy agreement. I’m in the process of giving my tenant a new six-month tenancy agreement (to replace the rolling one) with a small rent rise. She agreed to this a few weeks ago and also understands that I will need to raise the rent considerably (to […]

Demand for rented properties higher than ever

22nd August 2023

A major shortage in rental properties leaves tenants struggling to get on the property ladder, according to a new survey. A survey of 600 tenants by estate agents HOP reveals more than 70% of respondents want to own their own home, but for three-quarters of these not having a sufficient deposit is holding them back. […]

letting boards displayed along a street highlighting student rental availability

Student rents rocket by 30% in a year

21st August 2023

Students will be paying 30% more in rent this year as they head back to their studies, one index has found. The NatWest student living index reveals that the increase has pushed the national monthly rent average to £591. Unsurprisingly, London is the UK’s most expensive for student rent, with an average cost of £840. […]