Despite economic uncertainty, the property market remains resilient, according to industry professionals. The Guild of Property Professionals says despite the economic backdrop mortgage approvals have been on the rise. According to Bank of England data, mortgage approvals, a leading indicator of demand, are 18.5% higher than in January. The 8% uptick between September and October […]

Rural renters are bearing the brunt of rising rents which are rising quicker than the average rent price, a new survey reveals. The TDS Charitable Foundation interviewed more than 2,000 private tenants across England and found that rural renters saw their rent increase by 27% in the past year, compared to the national average of […]

In a dazzling evening of recognition and celebration, the Property Investors Awards announced the winners for 2023. In its biggest event ever, the awards, organised by the Property Investors Bureau, were attended by industry leaders from across the property investment world at the Intercontinental Park Lane Hotel. Nominees, finalists, sponsors and judges are honoured, with […]

What top 10 features do buyers look for in BTL investment property? Join Ranjan Bhattacharya and Andrew Roberts and fine tune your property investing game by learning the key features to look out for when investing in a property. Watch the video below  

Major structural changes are taking place in the UK’s private rented sector (PRS) with smaller landlords more likely to exit the market than those with larger portfolios. According to The Deposit Protection Service (The DPS), 24.5% of landlords with one or two properties plan to sell up and leave the PRS, compared with 12.2% of […]

The UK’s rent price growth is cooling down after reaching its highest point in three years with one prediction that rises will drop from 9.7% to 5% in 2024 – the lowest since September 2021. The prediction comes from Zoopla, and it attributes the slowdown to a combination of factors, including a decline in demand […]

Scotland’s ambitious plans to phase out gas boilers and switch to green heating systems could see many landlords being forced to leave the country’s private rented sector or pass on the costs to tenants, one critic warns. The Scottish government is consulting on its Heat in Buildings Strategy, which aims for 22% of energy being […]

Hello, I have owned 3 flats in a block of flats for 20 years, which I rent out, and the service management company have just changed hands and decided unilaterally to not allow rentals there because of “antisocial behaviour”. I had just agreed to sell one of these to an investor and the management charged […]

Landlords looking for a five-year fixed rate mortgage can benefit from lower rates offered by Landbay. The specialist buy to let lender has reduced the rates on its standard five-year fixed product range by up to six basis points (0.06%), making them more affordable for landlords. The product range, which is stressed at pay rate, […]

A tenant activist group is raging at the shelving of EPC targets calling the move “appalling”. Generation Rent told the London Assembly that scrapping EPC rules for landlords “is a terrible move from the government” and they would like to see a reversal of the targets as soon as possible. The legislation would have required […]

For landlords in the United Kingdom, choosing the right ownership structure for their property investments is a critical decision. Among the various options available, one that stands out for its advantages is the Limited Liability Ownership Structure. This structure offers several benefits that can help landlords protect their assets, reduce personal financial risk, and streamline […]

For landlords who need to open a business account FAST we recommend Tide. In just just a matter of minutes you can open a business bank account online and obtain an account number, sort code and a free business Mastercard (applicable to Limited Companies as well as sole or joint owners of property). Tide is […]

For anyone wondering what the impact of selective licensing schemes is on tenants and rent prices, then one landlord has news for you. He claims that the selective licensing scheme introduced in Nottingham in 2018 is to blame for massive rent increases in the city. And his opinion is backed up by new figures from […]

Hi, The mortgage lenders have got creative with BTL deals of late. Higher fees for lower rates, but this bit of creativity is a bit well, err, bonkers! So, here is the deal for new customers: 2 Year Tracker, 3% Product Fee, 5.49% Interest Rate, 75% LTV And for existing customers on a product transfer: […]

Hello, Our tenant of 8 years has a periodic tenancy. We gave written notice in May 2023 and put the house up for sale as the rent isn’t even covering the interest on our mortgage. At the end of the two months notice period he couldn’t find or afford a new rental property and was […]

Low-income renters in England will struggle to afford their homes even after the government’s recent benefit boost, a campaign group has warned. Generation Rent said that the increase in Local Housing Allowance (LHA) announced by Jeremy Hunt in the Autumn Statement would be outpaced by rent inflation within 18 months. That would leave many low-income […]

The UK housing market saw a bigger than usual drop in new seller asking prices this month, as sellers became competitive in a more stable and less frenzied market. According to Rightmove, the average asking price for a newly listed property fell by 1.9% (-£6,966) to £355,177. This was larger than the 20-year average of […]

Renters in Great Britain will pay a staggering £85.6bn in rent this year – that’s more than double the amount paid in 2010 and £8bn more than last year. The report from Hamptons also shows that rents on new tenancies increased by 10.2% year-on-year in November, the highest annual growth rate since it began keeping […]

Whether you are a first-time landlord, or you’ve been building your property portfolio for decades, the difficulty in finding landlord insurance is always tough. With many insurance implications from flooding to cannabis farms, it can be hard to find the right landlord insurance. Here at Property118, we have teamed up with The Home Insurer which […]

Are you sitting comfortably? I’m about to be critical of politicians, the media and tenants. Because it has been another week and another negative story about landlords. This time it is the Labour Party saying it will end tenant bidding wars and will copy a law in New Zealand that does just that. Eh? Landlords […]

The mortgage market has been through a tough time in recent months, following 14 months of consecutive base rate increases. Mortgage interest rates increased, buyers who were used to very low rates, were hesitant to move and sellers were reluctant to sell because of the anticipated price crash. However, times have changed. There have been […]