Page 291 – Property118
Pic of Birmingham on a map where council wants landlords top licence their rented properties property118

Birmingham landlords urged to get licensed or face penalties

5th September 2023

Birmingham city council says that 80% of landlords in its private rented sector (PRS) covered by the new selective and additional licensing schemes have not yet applied for a licence. The city’s new licensing scheme came into effect on 5 June 2023 to improve the standards and management of PRS properties. The scheme covers between […]

Landlords doubt Government’s planning reforms will deliver 1 million new homes

5th September 2023

After the government announced a review of permitted development rights in a bid to shake up planning rules and build one million new homes in England by the end of the current Parliament, landlords say they doubt the move will deliver the homes. Permitted development rights allow certain types of building work to be carried […]

elegraph logo used in rebuttal to article on landlord tax structures

Daily Telegraph wants to speak to landlords who have built successful portfolios 

4th September 2023

Are you a landlord or holiday let owner who has built a successful portfolio and want to share your story? Then, Alexa Phillips, the personal finance reporter, for The Telegraph would like to speak with you. Alexa wants to speak to landlords and holiday let owners who have built successful portfolios and would be happy […]

Chief executive commenting on falling rent prices in England’s private rental sector

August sees rents remaining red hot

4th September 2023

The rental market remained ‘boiling hot’ in August, with the cost of rent up 10% year-on-year, according to the latest rental index from Goodlord. Despite average rents dropping slightly after a record-breaking July – where average prices went over the £1,300 mark for the first time – tenants continue to face high prices. Void periods […]

Illustration of houses with the word eviction, symbolising Section 21 rental evictions

Council advice to tenants nearing S21 date – Help!

4th September 2023

Hello, our situation we have had a tenant in place at one of our properties for around 5 years – never increased the rent (single mum – two kids – you try not to make people’s lives harder than they need to be) – always done repairs – always acted as a model landlord. The […]

electric heating, gas shortage supply this winter, gas rationing

Gas shortage supplies this winter?

4th September 2023

Hello, just watched a video by Nigel Farage who was talking about Europe filling up its gas tanks with LPG from Russia. A big point was we haven’t in the U.K. filled those tanks. So it got me thinking. What if we have a cold winter and we get gas rationing? In my house we […]

Tenant caused Fire – Can I sue for damages?

4th September 2023

Hello, I have recently had a house fire caused by a tenant. The fire investigators deemed it was an accident so no malice was involved. Can I sue the tenant for damages for any costs that I might be liable for that the insurance company may not pay? I don’t know what these may be […]

One Property two related families – HMO?

4th September 2023

Hi everyone, I need some advice, please. I am in search of new tenants for a 3-bed house and have been approached by a tenant who says they are looking for a property for two related families. They have two brothers, their wives, and 2 small children. I am aware that the definition of HMO […]

RAAC, social housing

Social housing could be at risk of crumbling aerated concrete

4th September 2023

Housing associations are being urged to check building specifications for reinforced autoclaved aerated concrete (RAAC) The call comes after some schools in England have been forced to close because they contain the dangerous concrete. One social housing law firm warns that RAAC poses a serious risk to social housing tenants. Act on RAAC for tenant […]

Rocky housing market will pick up in Autumn

4th September 2023

While it’s been a tough year for the property market, activity is likely to pick up in the coming Autumn months, according to new research. A study by property lending specialists Octane Capital reveals mortgage approval rates have fallen dramatically but an ‘autumn boost’ is beginning to improve things. Over the past five years mortgage […]

Has Paragon Bank Advised You To Consider Incorporation?

1st September 2023

We understand that Paragon Bank is now interviewing some if not all new clients who are applying for new BTL mortgages and that one of their questions is whether incorporation has been considered. We want to understand this better, so if you’ve had one of those interviews please reach out to us in the comments […]

House prices fall 5.3% year-on-year in August

1st September 2023

The Nationwide House Price Index for August indicates a monthly fall in prices of 0.8% feeding through cumulatively to an annual drop of 5.3%. The average price of a property (not seasonally adjusted) now stands at £259,153 down £14,600 from the last August peak in 2022. Market activity in the first 6 months of 2023 […]

Portrait of a business leader in suit and tie

Newbuild and detached homes boost Scottish property market

1st September 2023

The Scottish property market has seen a slight dip in average house prices over the last year, but newbuild and detached homes have bucked the trend and recorded positive growth, data reveals. The findings from lettings and estate agents DJ Alexander show that from July 2022 to June 2023, the average house price in Scotland […]

pic of student accommodation in Huddersfield

Students scramble for new housing as ‘luxury’ accommodation is reallocated to asylum seekers

1st September 2023

Around 170 university students in Huddersfield have found themselves in a desperate scramble to secure new accommodation after being abruptly evicted from what was once touted as ‘luxury’ housing. The purpose-built student accommodation, which boasted a cinema room, gym and other student amenities, is reportedly being repurposed to house hundreds of asylum seekers. The affected […]

pic of landlord's house with a wrap around in breach of planning property118

Two landlords are fined £255,000 for planning permission breaches

1st September 2023

Two private landlords who breached planning laws and ignored council warnings have been handed hefty fines of more than £250,000. Ealing Council acted in the two unconnected cases after the landlords failed to follow planning rules and ignored the council’s planning enforcement team over warnings for properties in Southall and Perivale. Ealing Council’s cabinet member […]

Property Management company resigned?

1st September 2023

Hello, I am a landlord of a flat within an estate and have been paying service charges to a property management company (Company B). The maintenance for the estate appears to be controlled by a limited company (company A) which had three directors and the property manager co-acted for company A in doing the maintenance […]

Freeholder

Fraudsters trying to take advantage over lack of supply in student accommodation

1st September 2023

Fraudsters are placing fake listings adverts online in a bid to cash in on the lack of supply in student accommodation, according to new data. Figures from Action Fraud, reveal there were 5,751 reports of rental scams last year, a 23% rise compared to 2021. Now the National Association of Property Buyers (NAPB) and Gumtree […]

New sponsorship for Property Investors Awards announced

1st September 2023

A reputable retail and commercial bank has been announced as the new sponsor for the Property Investors Awards. Shawbrook Bank has been named as the Official Judging Day Sponsor for the 2023 Property Investors Awards. The judging day for this year’s applications will be held in Shawbrook’s London office in September. Innovative solutions that investors […]

pic of a street in haringey london - council fines prs landlords property118

Landlords hit with £207,500 in fines for unlicensed HMOs

1st September 2023

A council crackdown on unlicensed HMO landlords has seen fines worth £207,500 being imposed, though just last month it faced stinging criticism from the Housing Ombudsman. The action from Haringey Council has seen 59 formal warnings being made to landlords who have been renting out unlicensed HMO properties to groups of three or more individuals […]

Pic of a B&B sign as London landlords leave the temporary accommodation sector property118

Landlords pull out of London’s temporary accommodation sector

31st August 2023

London’s boroughs are sounding the alarm over the escalating housing pressures after it was revealed that there has been a surge in landlords pulling their properties from being used temporarily by homeless households. The crisis has reached ‘new extremes’, leaving local authorities grappling to accommodate the rising number of vulnerable individuals and families. A recent […]