Page 296 – Property118
Matt Hutchinson discussing the government’s second homes policy and housing shortage

London is now unaffordable to graduates – every postcode is a ‘no-grad zone’

20th September 2023

London is now unaffordable to graduates, with every postcode in the capital a ‘no-grad zone’ thanks to sky-high rents, new data reveals. The average room rent in London and surrounding areas was at a record high of £1,013 in August. According to SpareRoom’s latest quarterly rental index, not one postcode in the capital has average […]

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UK rents continue rising as London leads the surge – ONS

20th September 2023

Private rent prices paid by tenants in the UK have continued growing and have risen by 5.5% in the year to August 2023, data from the Office for National Statistics (ONS) reveals. This is up from 5.3% in the year to July 2023, and reflects the strong demand for rental accommodation amid the ongoing housing […]

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The Telegraph wants to speak to landlords about EPC ratings

20th September 2023

Are you a landlord who has spent money upgrading their properties to an EPC C rating? Then, Alexa Phillips, the personal finance reporter for the Telegraph would like to speak with you. Alexa would also like to speak to landlords who have sold properties because they were concerned about looming EPC targets. If you can […]

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Damp issues in flat – problems with tenants?

20th September 2023

Hello, I have a two bedroomed ground floor flat. The current tenants have been there for four years now. Last year, they began to complain of excessive damp within the property. I had a damp survey done and was advised to have the air bricks repaired and renovated as they had collapsed within the cavity and […]

Government has ‘spooked’ landlords over the Renters (Reform) Bill

20th September 2023

A buy to let mortgage expert has accused the Government of needlessly ‘spooking’ landlords over the proposed Renters’ (Reform) Bill with its language aimed at pleasing tenants. Gavin Richardson, the boss of Mortgages for Business, says the Government’s proposals to change evictions, including scrapping Section 21 notices, are not as bad as many fear. He […]

Worried letting agents voice fears over the Renters (Reform) Bill

20th September 2023

Most letting agents are against the proposed changes in the Renters (Reform) Bill and want to have their say, a survey reveals. The findings from PayProp UK found that 62% of respondents viewed the Bill negatively, while only 4.4% felt positive about it. The automated rental payment specialist also reveals that agents fear the law […]

Business professional in blue suit representing NRLA leadership on housing crisis.

Rent controls in Wales will worsen housing crisis warns NRLA

20th September 2023

One association is warning that introducing rent controls in Wales will have a ‘disastrous impact on the private rented sector.’ The NRLA has responded to the Welsh government’s Fair Rents & Adequate Housing consultation deadline explaining how rent controls influence landlord behaviour and stifle housing supply. The consultation period ended on the 15th of September […]

Home with energy rating label illustrating need for efficiency upgrades in PRS properties

Government launch scheme to help landlords with energy-efficiency improvements

20th September 2023

Landlords and homeowners could save hundreds of pounds towards energy-efficient improvements following the launch of the Great British Insulation Scheme. The scheme aims to help families on the lowest incomes and extend support to a wider range of households compared to other existing government-funded schemes. Those eligible for support under the scheme include families in […]

Andy Hulme of Hyde Housing Association responding to Housing Ombudsman report

England’s biggest social housing providers ignore official complaint warnings

19th September 2023

Several of the largest social housing providers in England are persistently ignoring official warnings from the housing ombudsman over how to improve their handling of tenants’ complaints – and the situation is getting worse. Landlords such as L&Q, Southwark Council and A2Dominion Group, who are responsible for 142,000 affordable homes, have failed to address issues […]

Log burner left unattended in shed caused huge fire!

19th September 2023

Hello, we have had a lot of problems from one set of neighbours who regularly display anti-social behaviour. They regularly have drinking/drug parties and light fires late at night when inebriated. The fires at times have been very dangerous and extremely close to our property. On one occasion they had a fire in their backyard […]

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Majority of landlords won’t buy a property below EPC C

19th September 2023

More than 71% of landlords are unlikely to buy a property which has an EPC rating of less than C, according to new data. The study by Foundation Home Loans and BVA BDRC, reveals the more properties a landlord has within their portfolio, the less likely they are to buy below a C rating. A […]

Justice scales and person writing at a desk

Backlog of possession cases causing chaos in courts

19th September 2023

The NRLA is calling on the government to tackle the backlog of possession cases clogging up the courts. The association says that some landlords are having to wait more than six months to take back their properties. The NRLA has written to Justice Minister Alex Chalk calling on the Ministry of Justice to publish its […]

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Renters’ Reform Bill creates a ‘purposefully uneven playing field in student rental market’

19th September 2023

As Freshers week begins for thousands of students, one association is warning of the effects the Renters Reform Bill will have on the student rental market. York’s Residential Landlord Association (YRLA) warns that there are massive shortages in the student accommodation sector. According to the association, in York, purpose-built student accommodation only accommodates 30-35% of […]

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Backbench MPs push back against Renters’ Reform Bill

19th September 2023

The Renters Reform Bill may not see ‘the light of day before the end of the year’ according to new reports. Backbench MPs continue to push against the bill as parliamentary sitting days become scarce. Parliament is currently in recess due to party conference season and when MPs return on the 15th of October there […]

Notebook with sticky note reminder to pay rent

How to chase back the outstanding rent from tenants?

18th September 2023

Hello, I have rented my house to a couple for 2 years with 2 children. The male tenant told me he’s split up with his wife and moved out, leaving the female tenant behind with their two children. The male tenant has a well-paid job as a driver and the wife is now on benefits. […]

Older tenants fear being evicted as rents rise

18th September 2023

Almost half of older private tenants had their rent raised in the past year, and more than one in five can no longer comfortably afford to pay their bills, a survey reveals. The ‘Hidden Renters’ report published by Independent Age, found that 45% of older private renters had experienced a rent increase, with more than […]

Renters in London see rents soar by 11% in a year

18th September 2023

According to Foxtons, the average weekly rent for tenants in London last month was 11% higher than in August 2022, with rental prices remaining high for the third consecutive month. The average rental price has shown little change since June. Applicant registrations increased by 6% month on month, with August seeing the largest volume of […]

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Tenants damaging property?

18th September 2023

Hello, I was happy with my agent until they decided to retire and sold out to what turned out to be a rogue agent who against my wishes afforded an AST to someone not referenced, knowing she couldn’t pay the rent leaving me with £3000+ debt ignoring a mate living in the property. Another agent […]

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Rents hit new record-breaking high

18th September 2023

The average rent in Great Britain has now passed £1,300 for the first time in a decade, according to new data. Hamptons say renters face having to fork out more than £1,000 in some areas in England whilst renters in Inner London see rents soar past £3,000. Rents in London have been rising at a […]