Page 303 – Property118

Shelter hits out at rent reform delay with dubious figures

11th May 2023

The homelessness charity Shelter has hit out at the government’s delayed publication of the Renters’ Reform Bill this week. It says reform of the private rented sector is crucial because section 21 ‘no-fault’ evictions have led to a 50% rise in threatened homelessness in a year. But the figures being used are dubious at best […]

pic of for sale boards as landlords sell over epc costs property118

Proposed EPC rules forcing thousands of landlords out of the PRS

11th May 2023

The government’s proposed EPC rules are already forcing thousands of landlords to leave the private rented sector (PRS) because the cost of improvements will be so high, research reveals. Data shows more than 65,000 rental properties were put up for sale by landlords in the first three months of 2023. Of those, around 36,500 had […]

Pic of leasehold flat being reclad tenant selling guarantee property118

How many landlords are impacted by the building safety crisis?

11th May 2023

Hello, my name is Suzy Spilling, co-founder of the NON-Qualifying Leaseholder campaign group. I didn’t know if any Property118 members are impacted by the Building Safety Act and Leaseholder Protections or are aware of the following NRLA survey. Landlords must complete the NRLA Survey NOW so that NRLA can evaluate the extent of the impact […]

Property 118 – Feedback testimonials

11th May 2023

Hello to all Property 118 readers, My name is Elizabeth Warburton and I am head of video content here at Property 118. I understand that Property 118 has brought an extremely informative, educational and completely free platform to help us Landlords now for many many years, so I would like to ask a small favour […]

pic of Manchester and its selective landlord licensing scheme property118

Manchester’s selective landlord licensing scheme expands

11th May 2023

Manchester City Council has announced that its selective landlord licensing scheme has expanded this week to cover 700 more rented homes. There are five new licensing schemes in four neighbourhoods and landlords will now need to be licensed. The council says that selective licensing will ‘address the impact of poor-quality homes and management standards’. Selective […]

RICS logo representing the organisation behind the latest UK housing market survey

Landlords continue fleeing PRS as tenant demand rises

11th May 2023

Tenant demand in the first three months of the year rocketed by 41%, but fewer rental properties came onto the market, a survey reveals. The Royal Institution of Chartered Surveyors (RICS) residential market survey for April found that 24% of members saw fewer landlord instructions. And RICS says that with demand continuing to outstrip supply, […]

pic of london buses michael gov renters reform bill property118

Renters Reform Bill is delayed – again

10th May 2023

In news that will not surprise anyone, the government has revealed that ‘procedural issues’ have delayed the publication of the Renters Reform Bill that is poised to shake up the private rented sector, the Mirror reveals. It is now more than four years since the government first unveiled its plans to improve renters’ rights – […]

pic of woman tenant struggling to pay rent poroperty118

One in 20 tenants missed their rent payment in April

10th May 2023

The cost-of-living crisis is still being felt by renters around the country after research reveals that one in 20 tenants didn’t pay rent in April. The Which? Consumer Insight Tracker highlights that 700,000 households missed either their rent or mortgage payment last month. The research also points to soaring mortgage rates that have led to […]

Property Investors Awards Winner Xuan Meng

10th May 2023

From finance to the property world, Xuan Meng’s journey has seen her build a £10 million property portfolio since 2018. Her company, Cozy Hauz, buys run-down properties and then pushes up the value through renovation, refurbishment and extension to release the initial investment. Winning not just one but two awards, Xuan was the only multi-award […]

Pic of frustrated landlord because a tenant will not leave.

Council willingly breaking law?

10th May 2023

Hello, upon visiting my local council in London to discuss the lawful eviction of a tenant due to selling up because of eye-watering landlord costs (now £3500 p/m), I have been informed that the council has instructed the tenant to remain until bailiffs arrive. Upon challenging this and referring to the Homelessness Reduction Act as […]

Woman reading an eviction notice landlord property118.com

Mentally ill tenant, should I issue a section 8 notice?

10th May 2023

Hello, I have a leasehold property which I rent out, the freeholder being the local council. My tenant, a single lady in her 60s, obviously has mental health problems which were not apparent when she took over the flat. The flat is filled to the brim with clothes, books and things bought at car boot […]

Pic of leaking pipe landlord leasehold issues insurance property118

Small claims action against managing agents?

10th May 2023

Hello, in one of my tenanted properties, there was a flat-to-flat water leak (from my flat) – there are 80 flats in total. The managing agents were advised by the flat below mine and it was classified as an urgent water leak. A specialist company was instructed but at no time did they contact me, […]

court free mediation

Free court mediation with a tenant – does it work?

10th May 2023

Hello, my tenant tried to sue me to get compensation for one month’s rent and interest – £1,000 in total. She started to complain about damp and mould last October. According to her, water was pouring down from the ceiling. My builder and I went to check, we saw water condensation on the ceiling but […]

Houses of Parliament in London viewed from across the River Thames

MPs could be earning £2.2m in rent every year

10th May 2023

Research from a campaign group shows that nearly 20% of Conservative MPs are landlords as the Renters’ Reform Bill nears publication. The findings from 38Degrees highlight that MPs who own rental homes in England earned at least £1.67m last year in rent. The group says that the private rented sector (PRS) is not ‘respectful’ or […]

Tenant demand reaches a record high

9th May 2023

Tenant demand has reached an all-time high, according to new research. A survey of 700 landlords by Paragon Bank reveals that 67% of landlords experienced increased tenant demand during the first quarter of this year. Landlords in the East of England saw the highest levels of tenant demand with nine in 10 seeing an increase. […]

pic of blocks showing a rent rise for a tenant property118

Recommended approach for notifying a tenant about an upcoming rent increase?

9th May 2023

Hello, What is the recommended approach for notifying a tenant about an upcoming rent increase after the fixed term of a tenancy agreement (AST provide by Openrent)? Considering that the agreement will continue as a monthly contractual periodic tenancy until terminated in accordance with the agreement. Would it be appropriate to reach out to the […]

Skipton unveils deposit-free mortgage for renters

9th May 2023

The first 100% LTV mortgage in the UK aimed at renters ‘trapped in the rental cycle’ has been unveiled by the Skipton Building Society. It says the mortgage is a ‘lifeline’ to renters that will help them get onto the property ladder. And while other lenders offer no-deposit deals that need family or friends to […]

Pic of graph from Halifax showing drop in house prices uk

Three months of growth end as house prices dip

9th May 2023

After a strong performance in March, the UK’s annual house price growth was just 0.1% in April, Halifax reports. Its house price index highlights that three months of growing prices have come to an end after March’s 1.6% rise. Prices dipped by 0.3% between March and April. The lender says that in April, the UK’s […]

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

Section 21 – essential documents?

9th May 2023

Hello, a simple question hopefully! I have issued an S21 to my tenant and expect to have to apply for possession on form N5B. (Accelerated possession) I believe that the N5B MUST be sent with: 1. Tenancy Agreement 2. The S21 notice (and proof of service) 3. TDS proof 4. Property licence from council My […]

Overgrown garden with gnome, Property118

‘Horticultural horrors’ revealed by DPS

9th May 2023

The Deposit Protection scheme reveals some of the unusual tenancy deposit disputes that they have come across relating to gardens. One case saw a tenant pulling up thousands of pounds worth of exotic plants believing they were weeds. Only a small proportion of landlords and renters register a dispute over the return of a deposit […]