On paper, my spouse and I were worth £3,000,000 but the reality was that we had no savings, no money whatsoever to live on after paying our tax bills, and this was despite having rental income of £300,000 a year coming in. In fact, it was even worse than that, our tax bill exceeded our […]

I can’t keep quiet! Two stories on the same day on Property118 highlight what is wrong with the private rented sector – and if everyone concerned took a step back to understand the other side’s point of view, it would make everything a lot better. First up is the incredible news that Generation Rent wants […]

A staggering 81% of landlords believe that mainstream media coverage of the buy-to-let market is unjust and inaccurate, research has found. The Landbay quarterly landlord survey reveals that despite the ever-growing demand for rental properties, landlords feel unfairly ‘demonised’ with their crucial contribution to the housing sector going unrecognised. Landlords argue that the media wrongfully […]

With renters increasingly scrambling to find budget-friendly housing options in the UK’s rental crisis, one firm offers a simple solution. Flat-sharing site SpareRoom says that homeowners with a spare bedroom should be encouraged to take in a lodger to help boost supply to renters. It says there are more than 20 million empty bedrooms and […]

Foundation Home Loans is expanding its core buy-to-let offerings with the introduction of three Limited Edition products and Special Editions to cater to various needs. As an intermediary-only specialist lender, Foundation is unveiling a series of Special Editions within its buy-to-let range with enhanced benefits and features. These include reduced product fees for F1 five-year […]

The Renters Reform Coalition is encouraging tenants across England to contact their MPs to support the Renters’ Reform Bill. The coalition, which includes housing sector organisations, charities, and partners like Big Issue, aims to bolster tenants’ rights and bring about ‘meaningful change’ in the rental market. To garner support, tenants are encouraged to email their […]

This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps and refurb issues. For Landlord Sales Agency, experts in selling buy-to-let portfolios, the highest percentage of enquiries are now coming from landlords with portfolios of 20 […]

Landlords wanting to evict non-paying tenants in arrears are facing extended delays and increased costs because the UK court system has a significant bailiff shortage, one organisation warns. And the situation will worsen as a ‘landlord panic’ will spark more evictions as the abolishing of section 21 ‘no fault’ evictions gets nearer. The Ministry of […]

Are you a landlord who is renting out a holiday let? 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 how to build a good business using Airbnb/vrbo/sykes and other platforms. She would also like to know: How many […]

The Mortgage Lender has revamped its residential and Buy-to-Let (BTL) product offerings. There’s a diverse array of fee choices within the core BTL products, featuring 75% LTV 5-year fixed rates commencing at 5.49% and 2-year fixed rates kicking off at 5.94%. Other options are available to HMO, expats and Holiday and short-term lets. For its […]

Hello, Can anyone tell me what the court fee is for an accelerated possession claim? I’ve googled this and am getting different amounts listed for court fee! Can someone enlighten me? This is for Possession Claim Accelerated procedure following an S21 notice. The court will be City of London. I need to write the amount […]

The property auction hotspots where landlords and investors could potentially snap up a bargain or enjoy a quicker transaction have been revealed. Digital home information pack provider Moverly has examined the percentage of auction stock compared to all homes on the market to gauge how important property auctions are in those regions. It found that […]

Storm clouds are looming over the UK’s property market with some good news being overshadowed by potential interest rate hikes and landlords looking to leave the private rented sector (PRS). The Royal Institution of Chartered Surveyors (RICS) says that house prices and agreed sales – along with buyer demand – have fallen again, although it […]

So imagine this scenario you have a tenant that’s been with you for five years. Always paid rent on time, no problems, keeps the place well – the ideal tenant. BUT NOW the tenant’s maintenance payments for their child will end and they will no longer be able to afford the rent. The rent is […]

The average house price saw no change (0.0%) in May, following a drop of 0.4% in April, Halifax reports. Its latest house price index does, however, show that the annual rate of house price growth saw a decline of -1%, compared to a 0.1% increase in April. This marks the first annual fall in house […]

What are bridging loans and when you should consider taking one? Bridging loans are a form of short-term finance that property investors in the UK market may consider when they require funds quickly to take advantage of an opportunity or overcome a challenge. Bridging loans are secured by the purchased property and are usually repaid […]

A shocking survey reveals that 43% of electricians and gas engineers have been asked by clients – including tenants – to illegally tamper with their electricity or gas meters to reduce their energy bills. The findings from Direct Line business insurance highlight that as energy prices continue to rise, more people are resorting to these […]

As the Welsh Government unveils its Green Paper to address adequate rented housing and fair rents, the National Residential Landlords Association (NRLA) is calling on landlords to make their views known. It says that everyone concerned with housing matters should voice their opinions on shaping the destiny of the private rented sector in Wales. The […]

With 168 pieces of legislation in place and with more to come, landlords are turning to letting agents to help guide them through turbulent times. A good letting agent can help provide peace of mind to a landlord and offer different services to help manage a property. This Property118 investigation highlights the services letting agents […]

In 2010, Manni Chopra took a sabbatical to pursue a career in property. She set up her own business, Chopra Property Group, which has now acquired property worth more than £5 million in London and the South East. Manni has now won the HMO Property Deal of the Year (six rooms or less) award for […]

In an effort to increase the availability of affordable housing for rent or purchase in rural regions, the government has announced plans to establish a network of ‘Rural Housing Enablers’. These enablers, backed by £2.5 million in funding, will serve as intermediaries between developers and communities, assisting with site identification that has local support and […]