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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 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 […]

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 […]

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 […]

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 […]

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 […]

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 (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 […]

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 […]

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 […]

The Prime Minister has confirmed plans to water down the phasing out of gas boilers. The delay will mean landlords do not need to install all new gas boilers in new builds and existing properties in England by 2035. Many landlords in rural areas will be relieved to hear of the backtracking of the boiler […]

The UK’s rental market is facing a crisis as many landlords are choosing to sell their properties due to new legislation, economic uncertainty and tax changes, a legal expert warns. Gina Peters, the head of landlord and tenant at law firm Dutton Gregory, says this could lead to a shortage of privately rented homes and […]

A new comprehensive guide to dispute resolution for landlords and tenants has been published. The Tenancy Deposit Scheme (TDS) and the National Residential Landlords Association (NRLA) have teamed to provide a guide on how to navigate potential conflicts that may arise during a tenancy without the need for legal action. The free guide aims to […]

Landlords will be celebrating after the government announced it will scrap the energy performance certificate (EPC) targets for homes. Prime Minister Rishi Sunak unveiled the plan – along with a ban on binning gas boilers – during a televised press conference from Downing Street. And tenants will be celebrating too since Mr Sunak acknowledged that […]

House prices in the UK increased by just 0.6% in the year to July – down from the 1.9% rise seen in June, the Office for National Statistics reveals. The ONS also says that the seasonally adjusted figure shows that house prices fell 0.5% between June and July. Homeowners in London saw the highest average […]