Homebuyers are increasingly using a tactic called gazundering to secure a lower price for their property purchase, according to Google search data. Gazundering is when a buyer reduces their offer at a late stage of negotiations, hoping to pressure the seller into accepting less money. It is more common when buyer demand is low, and […]

One landlord organisation is calling for amending Section 21 rather than abolishing it. Ahead of its presentation next month, iHowz has penned a letter to MPs and Lords laying out their plans to revamp Section 21. iHowz says they are very concerned about the potential unintended consequences of the removal of Section 21. Landlords use […]

The postcodes with the highest rental deposit costs for tenants in England and Wales have been revealed. The study by Zero Deposit analysed the current rent prices across every postcode and calculated the deposit required to secure a property based on five or six weeks of rent. The average monthly rent across England and Wales […]

After a little break from YouTube, Ranjan is back talking about the current state of the property market. We are firmly in a ‘buyers market’ and this is where savvy property investors and developers can make big profits. In this Property Breaking News, Ranjan Bhattacharya and Andrew Roberts present the evidence for a buyers market […]

Hello, please can I have some help? My tenant moved out 2 weeks ago but left lots of stuff. He gave a months notice and was slowly moving things out. On check-out day he dropped the keys in the letterbox before I got there at the planned time to meet, and I heard nothing more. […]

Following the article I published yesterday there have been more strange goings on. This time it’s the deletion of discussion threads on the AccountingWEB website dating back to 2018. The evidence was available up until 19th October 2023 via this link https://www.accountingweb.co.uk/any-answers/esc-d32-what-does-liabilities-tak which has now been deleted. The email I received from a Property118 Member […]

The slow progress of the Renters (Reform) Bill has created confusion and made landlords worry about the prospects of the private rented sector (PRS) but MPs can bring some confidence, one organisation hopes. The Bill was first unveiled in the Conservative’s 2019 election manifesto and a second reading of the Bill will be on Monday […]

The difference between the most and least expensive homes sold in England and Wales so far this year is more than £38.6m – or 183,900%, research reveals. The findings from the platform for personal estate agents, eXp UK, which looked at sold price data for transactions that were completed from January to August. And looked […]

Dear all, I need some help and advice desperately and urgently as I feel as if I am being exploited by an letting agent. My property in Dover was not selling so I placed it with a letting agent as I do not live locally. The agency offers a scheme where they pay contractors upfront […]

Owners of holiday lets and second homes in Britain’s most priciest coastal town face new bin and litter rules. Holiday let owners in Salcombe, Devon have been banned from using litter bins and bottle banks – unless they pay a £350-a-year ‘bin tax’ or hire private rubbish collectors. A letter sent by South Hams District […]

Property price reductions have increased by 26% in the last three months, compared to the five-year average, it has been revealed. However, the latest Street.co.uk Market Report shows a big improvement from the 50% increase seen in the second quarter of 2023. The trend also highlights that sellers are heeding the advice from estate agents […]

UPDATE 31/10/2023 Neither Dan Neidle nor any of his so-called “Associates” have responded to any of the technical points I raised in this article, where HMRC manuals clearly contradict his(their) understanding of what is “normally” expected when dealing with liabilities at incorporation. Recent history in the landlord tax planning sector has imparted a vital lesson: […]

The integrity of landlord business incorporation has been massively damaged by the attack on Property 118 and Cotswold Barristers by Dan Neidle (DN) and his largely anonymous Tax Policy Associates. In an effort to bring some stability to the situation we are left with no choice but publicly to explain in detail the history and […]

Specialist buy to let lender Landbay has announced a 0.10% reduction across its standard five-year fixed rate products, as well as the launch of a new 55% loan-to-value (LTV) range. The lender said the rate cuts and the new range were designed to support brokers in meeting the diverse needs of their landlord clients. The […]

Hello, Landlords are beset with so many problems now that the question must be asked – is it worth it? Consider the looming Renters (Reform) Bill, which effectively removes control of a property from the landlord and presents it to the sitting tenant. The huge rise in costs – repairs, insurance and licensing – has […]

Hello, I manage a flat in a small, pleasant residential block where a neighbouring flat has been bought by the Local Authority and used to house their most problematic tenants. The first tenancy was to a single man who had a prohibition order for him to keep away from the neighbouring town so the council […]

Rental yields in the buy to let sector have continued to grow across England and Wales, according to the latest Fleet Mortgages Barometer. The report, which covers the third quarter of 2023, shows that the average yield for both countries has risen by 1% to 6.9% compared to the same period in 2022. This is […]

MPs clashed in a Commons debate on reaching net zero by 2050, with one MP calling the scrapping of EPC targets for landlords “unforgivable” Energy Security and Net Zero Secretary Claire Coutinho told MPs the decision to do away with energy efficiency targets was driven by the financial burden it would have placed on landlords. […]

The government has been urged to end delays on the Renters (Reform) Bill that would ban ‘no-fault’ evictions and introduce other protections for tenants in England. In an open letter shared with the Guardian newspaper, 60 cross-party Parliamentarians and the mayors of London and Manchester said the legislation was a manifesto commitment and the government […]

The Property Investors Awards has announced the Finalists for 2023. This year saw “fierce competition” with property investors from all over the UK applying for the awards. The winners will be announced on the 2nd of December at the InterContinental, Park Lane hotel in London. Exemplary leaders and innovators A panel of esteemed judges went […]

The government will proceed with the Renters (Reform) Bill with a second reading scheduled for Monday, the Financial Times reveals. The Bill, which aims to end no-fault evictions and make renting safer and fairer for millions of people in England, was first promised in 2019. But it has been delayed due to opposition from some […]