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. […]

Hi, If a rental property is empty and being refurbed for several months, and the landlord (from another area) then visits, there can be quite legitimate electric bills waiting. But what if the utility company has contacted a legal firm who have added a few hundred pounds to the bill to pursue the debt – […]

Hi all, I need some help here and any advice will be much appreciated! My agent has given me the wrong advice in the past 3 years+ that it’s against the law to charge a tenant rent arrears fees (Whereas the Government’s How to Rent Booklet clearly stated rent arrears can be charged with 3% […]

The Local Government Association (LGA) has warned that homelessness has reached record levels, with 104,000 households living in temporary accommodation at the end of March 2023. This is an 89% increase over the past decade and the highest figure since records began in 1998. The LGA, which represents councils across England, said that the severe […]

Idyllic towns in England are being overrun by second homeowners and holiday lets with some towns declaring a housing crisis because local people have nowhere to live. Frome in Somerset is just one of several towns to declare a crisis because locals are being priced out of the market due to soaring rents. This Property118 […]

A proposal to abolish section 21 ‘no-fault’ evictions to protect tenants from being unfairly evicted could have the opposite effect, according to a leading industry figure. The Renters (Reform) Bill proposes to scrap Section 21 notices, which allow landlords to evict tenants without giving a reason. However, Neil Cobbold, the managing director of PayProp UK, […]

Private rents have soared in England and Wales over the past year, according to a new report from the Office for National Statistics (ONS). The report, based on data collected from February 2022 to September 2023 as ONS researchers revisit privately rented properties, They do so, on average, every 12 months in England or nine […]

The founder of Property118, Mark Alexander, recently appeared on The HMO Podcast to share his 36 years of experience in property, finance tax and law. The podcast is entitled: ‘Building A 7-Figure Property Business, Tax Planning, And The Future Of The PRS’ and was recorded on 5th September 2023. It was released by the interviewer […]