Page 286 – Property118

Dear Polly Neate of Shelter – I agree with you!

25th September 2023

Dear Polly Neate, It’s not possible to contact you directly as you, (Shelter), don’t allow contact through your website unless it’s to complain about a nasty landlord. (For clarity, I’m a landlord with a small portfolio and I look after my tenants – indeed, they are happy to rent from me) I would also point […]

pic of bailiff gaining entrance to a rented home to evict property118

How long will this eviction process take?

25th September 2023

Hi All. Two days ago I got an Order for Possession through the county court giving the tenant 28 days to leave. Despite this, I have a feeling that the tenant still will not go on 18th October. So my question is, does anyone know or have any idea how long this process will take? […]

Pic of landlord looking at buildings insurance bill from managing agents property118

Section 21 issued, now council have issued a substantial improvement order?

25th September 2023

Hello, I have a tenant since 1996, but the recent interest rate increases have left me with more costs than income. I live far away and he has always been impossible to contact, ignoring texts and phone calls and returning recorded letters. I issued a section 21 through Landlord Action and was just getting ready […]

Shawbrook’s Emma Cox discusses landlords’ challenges meeting 2030 EPC targets

UK landlords were ready for scrapped EPC rules, study shows

25th September 2023

Most UK landlords had already prepared for the government’s planned energy performance certificate (EPC) legislation, which was scrapped last week by the Prime Minister Rishi Sunak. The legislation would have required landlords to ensure their rental properties had a minimum EPC rating of C. The mooted deadline was 2025 for new tenancies, and by 2028 […]

Pic of woman unlocking a tenants door locks changed landlord property118.com

Are additional child safety measures required?

25th September 2023

Hello, I have a flat where access to the private front door is off the street. Once inside, there is a small shoe storage area then a flight of stairs to all the flat-level living accommodations above. The tenant has two small children (aged 5 and 6) . At the top of the stairs, she […]

Pic of for sale boards as landlords sell up and leave the prs property118

Is the landlord exodus as bad as everyone thinks?

25th September 2023

We all hear about the landlord exodus but just how bad is it? New figures from the Office for National Statistics (ONS) and estate agents Hamptons reveal that the trend of landlords selling up hasn’t been as big as many people believe. However, since 2016, landlords have increasingly been selling more properties than they have […]

Where to invest in buy to let properties for the highest rental yields

25th September 2023

With landlords facing lower profits than ever before, according to the National Residential Landlords Association, one lender has worked out where the best areas for buy to let yields are. Digital mortgage firm Molo has used its internal data and found that the current average rental yield for England and Wales is 4.98%. The firm […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Sunak’s betrayal: How the PM stabbed landlords in the back with his EPC U-turn

22nd September 2023

Rishi Sunak has once again shown his true colours as a Prime Minister who does not care about the interests of landlords and the private rented sector. In a shocking move, he has scrapped the plans to enforce minimum Energy Performance Certificate (EPC) ratings for rented homes, which would have required landlords to upgrade their […]

Property Investors Awards Judging Days

22nd September 2023

The Property Investors Awards have finished judging applications.  In the heart of London, the judges engaged in lively discussions and debates as they carefully deliberated over each category to ensure that only the most deserving nominees would be crowned winners. The Property Investors Awards is an annual celebration attracting more than 600 attendees. The Awards […]

elegraph logo used in rebuttal to article on landlord tax structures

Daily Telegraph wants to speak to landlords about rent to rent schemes

22nd September 2023

Are you a landlord who has used a rent to rent scheme? Then, Alexa Phillips, the personal finance reporter for the Telegraph would like to speak with you. Alexa would like to speak to Property118 readers about: Have you had any experience with rent to rent schemes and if so, how was your experience? Are […]

Free Property Management – Exclusive P118 members deal

22nd September 2023

Landlords costs are on the rise mortgage rates and Section 24 all contribute to reduced profits.  To add insult to injury letting agency fees are on the rise with central London agents charging as much as 20% + Vat of the monthly rent. Exclusive to property118.com members Lettingsupermarket.com™ are offering 3 months free management on […]

Shelter offers up a General Election manifesto – with more regulation for private landlords

22nd September 2023

Shelter has launched its manifesto for the next General Election, calling on all political parties to commit to a four-point plan to rebuild the country’s ‘broken housing system’. The homelessness charity says this action must include clamping down on criminal landlords and more regulation of private sector landlords. The manifesto, entitled ‘The Way Home: a […]

Council tie-up will help tenants claim back rent from criminal landlords

22nd September 2023

A council has revealed that it will team up with a non-profit organisation to help tenants in the private rented sector claim back up to 12 months’ rent from landlords who break the law. City of York council says it will work with Justice for Tenants, a group that provides free advice and support for […]

Contrast between traditional terraced houses and a large modern social housing block in an English city

Tenant requesting for Section 21?

22nd September 2023

Background: We purchased a 3-bed mid-terraced property in 2022 with a sitting tenant of about 14 years. On completion, we issued a new 12-month AST which is due to expire at the end of October this year. In July, we informed the tenant that we would be increasing her rent by £50/month from 1st November […]

Modern Scottish Parliament building in Edinburgh with Calton Hill in the background

Second homes in Scotland could be charged more council tax

22nd September 2023

Council tax is set to double for second homes in Scotland. The Scottish government has put forward proposals which would give local councils the discretion to charge council tax premiums of up to 100% on second homes. If this proposal is approved the new measures could come into force by April next year. 24,000 second […]

Simon Zutshi

You are invited to the Virtual Property Exhibition on Friday 29th September

22nd September 2023

This is your invitation to attend the Virtual Property Exhibition, organised by the Property Investors Network (pin), on Friday 29th September from 9.30am to 5pm. This live online, no cost, training will feature nine of the top property speakers in the UK, who will provide a full update of what’s happening and what has changed […]

elegraph logo used in rebuttal to article on landlord tax structures

The Telegraph wants to speak to landlords about EPC targets and Scotland

21st September 2023

The Telegraph is looking to speak to landlords for two feature stories. The first one is following the news that EPC C targets have been scrapped, The Telegraph is looking to speak to landlords who were considering selling up or reducing their portfolios because of the cost of the targets – but are now thinking […]

The Bank of England, London, and a Union jack flag

Interest rates remain unchanged at 5.25% – ending 14 months of rises

21st September 2023

The Bank of England (BoE) has hit the brakes on base rate rises with news that the current rate of 5.25% will remain unchanged. The decision brings to an end 14 months of base rate rises and follows an unexpected slowdown in price rises last month when inflation fell to 6.7%. And the BoE follows […]

landlord news right to rent property118.com

Right to rent checks?

21st September 2023

Hello, could anyone from Property118 please help? As fines are going to increase from early 2024 does anyone know how we can ask the home office to check whether a passport document is genuine? There are some excellent forgeries out there so how are we supposed to differentiate if unsure? Any advice would be greatly […]

Professional portrait of a business executive representing Foundation Home Loans’ Buy to Let relaunch.

New BTL fixed-rate deals for portfolio landlords launched

21st September 2023

A new range of buy to let fixed-rate special deals, including a five-year product for portfolio landlords only, have been unveiled by Foundation Home Loans. The intermediary-only specialist lender’s new products are designed to cater to the needs of different types of landlord borrowers. That includes those with an almost clean credit history, to those […]