Page 301 – Property118
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 […]

Landlords are helping tenants cope with utility bills

16th May 2023

Landlords are keen to help their tenants cope with their rising utility bills, a survey reveals. The findings from the National Residential Landlords Association (NRLA) show that while 85% of renters hadn’t discussed financial issues with their landlord – 14% of them had. And 66% of tenants report that their landlords responded positively when the […]

Interest rate rise CRISIS – May 2023 update

16th May 2023

On Thursday the Bank of England, Monetary Policy Committee voted 7 to 2 to raise the base interest rate to 4.5%, which is the highest since 2008, and the 12th consecutive rise. Anyone who is on a variable interest rate will receive another all too familiar letter over the next few weeks, to say that […]

Selective Licensing and new tenancy?

16th May 2023

Hello, selective licensing is now coming to an area I have a property in. The SoS (Secretary of State) agreed to it as the council stated it met the requirements as specifically as it is an area of high deprivation and anti-social issues. One of the requirements within the SL I need to adhere to […]

Sadiq Khan calls for a London rent freeze – AGAIN!

16th May 2023

London Mayor Sadiq Khan has repeated his calls for a rent freeze to help Londoners in the week that the Renters Reform Bill is due to be published. Mr Khan demanded rent freezing powers last month and in a speech on his delivery of 116,000 affordable homes for Londoners between 2015 and this year, he […]

e-scooters

Charging e-scooters in the house?

16th May 2023

Hello, I have two tenants, who pay on time and look after the house well and I would like to keep them on as tenants. However, I am a bit worried as one has an e-scooter which he rides to work and charges the scooter in the house. I am now getting paranoid that there […]