Page 298 – Property118
Pic of debt ccj at court for tenant landlord property118

To CCJ a couple or Individually?

18th May 2023

Hello 118ers, Some advice please. Can I apply for a Joint CCJ to recover the thousands of pounds my ex-tenants owe me for damages and rent arrears? They are a couple and were joint tenants and both signed the tenancy agreements and the inventory list. He has a well paid job and she looks after […]

Making Tax Digital for Landlords?

18th May 2023

Hello, There’s more red tape for landlords to come – From April 2026, self-employed individuals and landlords with an income of more than £50,000 will be required to keep digital records and provide quarterly updates on their income and expenditure to HMRC through MTD-compatible software Those with an income of between £30,000 and £50,000 will need […]

green belt

Labour calls to build on green belt land

18th May 2023

Labour is backing green belt developments to help solve the housing crisis. In an interview with the Times, Keir Starmer said he wants to relax planning restrictions and allow more homes to be built on the green belt. According to new research by Searchland just 1% of green belt land could deliver over 738,000 homes. […]

finger pressing red keyboard key with piggy-bank icon to represent holding deposit dispute

Landlord bashing…is the deposit sufficient?

18th May 2023

Hello, with all the ‘multi-agency landlord bashing’ that seems to be going on at the moment, I’ve been giving some thought about the stage when existing tenancies end and new tenancies begin. My concerns revolve around deposits when a new tenancy begins. Generally, a new tenant will pay a ‘deposit’ of one month’s rent + […]

Pic of man repairing a window for tenants landlord compensation property118

Fairly compensating tenants for overrunning repair?

18th May 2023

Hello – long-time reader, first-time poster – many thanks in advance for any suggestions! I have a repair which has significantly overrun, due to mistakes made by the freeholder’s repair company. Looking for suggestions on appropriate compensation/mitigations for me to offer to tenants. I am the landlord of a 2-bed flat in London, shared by […]

Shadow Housing Minister backs NRLA calls on Rent Smart Wales property118.com

Written statements in Wales?

18th May 2023

Hello, Renting Homes Wales processes for agencies and landlords to cope with the Transitional Information Period. After first becoming aware of the Renting Homes Wales Act when presenting training for the Rent Smart Wales licensing I have followed the twists, turns and delays closely and can now see the light at the end of the […]

Michael Gove discusses his ‘once in a generation’ Renters’ Reform legislation

17th May 2023

The housing secretary Michael Gove has spoken for the first time about the Renters’ Reform Bill and what the potential impact of it will be on landlords and tenants. Speaking on Radio 2’s Jeremy Vine show, Mr Gove was asked what the problems with section 21 were. He replied: “The problem with no-fault evictions these […]

Aerial view of the UK Parliament and surrounding Westminster area supporting discussion on the Renters Rights Bill

Renters’ Reform Bill publication – the property sector reacts

17th May 2023

The unveiling of the long-awaited Renters’ Reform Bill has led to a strong reaction from the property sector. The legislation, which was first promised in 2019, will see the end of section 21 ‘no-fault’ evictions. And landlords will be able to recover their properties more easily from anti-social tenants. The Bill also protects landlords by […]

victorian houses

Renters’ Reform Bill publication sends the PRS ‘back to the Dark Ages’

17th May 2023

The long-awaited government plan to overhaul the private rented sector (PRS) with the publication of the Renters’ Reform Bill has been condemned as ‘going back to the dark Ages’. The government says that more than 11 million tenants in England will now enjoy safer, fairer and higher-quality homes thanks to the introduction of the ‘ground-breaking’ […]

Britain’s commercial rents bounce back

17th May 2023

Commercial rents have bounced back across Britain, with an impressive 9.7% growth in the last year alone, data reveals. According to Sirius Property Finance, the boom has overturned a previous downward trend which saw prices fall by -2.9% between 2021 and 2022. The current average commercial rent is now £1,036 per week – that’s 42% […]

Housing law expert Phil Turtle discussing landlord enforcement and civil penalties

Landlords warned to be wary before signing with an agent

17th May 2023

Self-managing landlords who are fed-up dealing with new legislation and falling profits are being warned to be wary before signing up with a letting agent who could land them in hot water. The warning comes from Landlord Licensing & Defence which says landlords must research potential agents before making any commitments. According to the firm’s […]

Pic of pound coins landlords insurance property118

Will landlord’s insurance still pay out with end of Section 21?

17th May 2023

Hello, I have a serious concern about Michael Gove who is practising divide and conquer between landlords and tenants. If a landlord can no longer evict a tenant via a Section 21 notice, then I believe that they won’t be able to submit a claim via their landlord’s house insurance as my policy states that […]

Can children and pets be prohibited when offering residential property for let?

17th May 2023

Hello, are there/will there be any circumstances in which children and pets can be prohibited when offering residential property for let? I own a detached property which has been successfully rented out over a 20-year period and it is now available again. It is about 20m from a commercial property which I also own, a […]

London’s prime renting market sees demand cooling

17th May 2023

London’s prime rental market is continuing to see strong renter demand but there’s a ‘weak supply’ of properties – but signs are emerging that tenant demand is starting to cool. According to research from property analysts LonRes, there was annual rental growth of 7.4% in April – which is similar to March’s figure. The firm’s […]

Pic of eviction letter to tenant s21 landlord won't leave

What should I do not to invalidate my S21?

17th May 2023

Hi everyone, I served a Section 21 seven weeks ago so the tenant is due to move out on 21st May. They are on benefits so the local council will be paying most of the rent. My guess is they aren’t moving! Grrr! And I would be very surprised if the council have not advised […]

Property Investors Awards Property Trader of The Year Saif Derzi

17th May 2023

In 2015, Saif Derzi bought his first property, he then went on to buy 2 more properties in 2017 and incorporated his property investment and trading business in 2018. Fast forward 5 years and he has bought and sold over 160 properties within SDGB Properties. Saif first entered the property world when he set out […]

How HMRC Might Target Hybrid LLP Compliance Checks

16th May 2023

The likeliness of HMRC opening “Compliance Checks” into the accounting of Hybrid LLP’s operated by property rental business owners is now at an all-time high. HMRC could simply target all LLP’s registered at the office addresses of Accountants known to have filed tax returns incorrectly for other their clients. However, given the levels of incorrectly […]

elegraph logo used in rebuttal to article on landlord tax structures

Daily Telegraph wants to speak to landlords about the Renters Reform Bill

16th May 2023

Are you a landlord who is worried about the wide range of reforms expected in the Renters’ Reform Bill? 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: What do you think about the proposals in the bill, and […]

Angry woman landlord with steaming coming from ears tax tenants government property118

Conservative MPs condemn government’s ‘war on landlords’

16th May 2023

Tory MPs fear the soon-to-be-published Renters’ Reform Bill will force more landlords to sell up. According to the Telegraph, there are growing concerns amongst Conservative MPs that the government has gone too far with its war on landlords. The Bill is set to include a wide range of reforms for the PRS and is expected […]

Rent price growth leads renters to look further afield

16th May 2023

With fast-rising rents, growing numbers of tenants are becoming more flexible over choosing where to live – and are increasingly finding somewhere more affordable that is further away, one leading real estate expert says. Nicky Stevenson, the managing director of Fine & Country, says renter affordability is also becoming stretched. She says that the pandemic […]

Is it ok for friends/relatives to stay with a tenant for a month?

16th May 2023

Hello, I have a single woman tenant who works full time and has been in the property for about eight months, there have never been any issues and always paid the rent on time and in full. The property is a three-bedroom maisonette flat. My question is: She contacted me on Friday afternoon to ask […]