A leading heat pump supplier has blasted an SNP-Green initiative to replace gas boilers with heat pumps in Scotland – saying that Scottish winters are too cold for them to work efficiently, the Daily Telegraph reports. The newspaper says that Labour peer and business tycoon, Lord Willie Haughey, has raised concerns about the feasibility of […]

Hi all, I have a 2 bed maisonette in blocks of 4, there are 5 blocks in total. The Managing Agents have sent the invoices for the ground rent/buildings Insurance to each leaseholder in the blocks (20 in total) which represents 1:20th of the alleged policy premium. What re-dress do we have regarding the policy […]

Hi, a bit of of advice needed. I was a guarantor on an AST for 6 months and at the end of the tenancy the tenant was asked by the letting agents to go in to give her a new written tenancy agreement and charged her £50 to sign it. Am I right in thinking […]

Landlords face a £30 billion bill to upgrade their properties to an EPC rating of C, according to new research. Letting agents Savills reveal 2.9 million homes in the PRS need upgrading to meet proposed regulations to bring all properties to EPC C. Though the plans have not been made into law, ministers have previously […]

The government has launched the biggest cladding removal scheme to fix dangerous cladding for the first time. The cladding safety scheme has opened for all buildings in England over 11 meters and 11-18m in the Greater London authority area. The scheme aims to remove unsafe cladding in mid-rise buildings which will be covered by government […]

Rising rental yields signal a period of opportunity for property investors, according to new research. Research from property investment platform, Sourced Franchise, reveals that UK rental yields have seen a marginal increase in the past year. The latest data shows that the current average yield in the UK is 5.2%, marking a 0.4% increase since […]

The Regulator of Social Housing (RSH) has launched a consultation on new consumer standards for all social landlords. Following the Social Housing Bill becoming law the consultation aims to hear from social housing landlords and tenants about the proposed standards in the Bill. The Bill is being hailed as landmark legislation in the social housing […]

Property118 currently works with hundreds of Ambassadors, many of which are Accountants and other professional advisers of our existing clients including; mortgage brokers, letting agents, estate agents, insurance brokers, IFA’s, conveyancing solicitors etc. We have created this page to provide full transparency of these arrangements. About You ( Our Ambassadors ) You want your existing […]

Have you invested thousands of pounds to upgrade your rental property to meet the proposed EPC rating of C? Or have you decided it’s too expensive to do the work and sold up? Then this week’s news from Michael Gove probably made you very angry. I know I was. In the words of the great […]

Hi everyone, If you enquire on a ‘soft basis’ as to a tenant’s agreement to a rent increase, and that enquiry is not issued on any signed and correctly documented S13 form, does this preclude a S13 notice still being issued? Pointers in the right direction gratefully received, as we have one tenant enjoying the […]

On Wednesday 2nd August, 6pm to 9pm, there is a fantastic opportunity for you to connect with investors from all around the UK and overseas who you might otherwise never get to meet, as a participant in the property investors network, National online pin meeting. This large online networking event only happens twice a year […]

Hello, under the Renters Reform Bill all landlords will be legally required to join the new Ombudsman scheme which will act as a landlord register. To balance the forthcoming landlord register I think there should also be a UK tenants database register. Our register will be aimed at holding information on good and rogue tenants […]

Hello, can anybody help and advise with this situation, please? We have sold our tenanted property and the tenants refuse to leave (as suggested to them by the local council). We served a section 21 and they still refuse to leave on the prescribed date. Our insurance provides legal cover to begin eviction proceedings and […]

A firm that helps landlords comply with the law and avoid penalties is warning that tenants AND landlords face the prospect of ‘life-changing’ fines if a tenant sublets their rented home. The message from Landlord Licensing & Defence comes after a recent study by Direct Line business insurance that found one in four tenants are […]

One of Britain’s biggest social landlords has been hit with the largest fine handed out by the Housing Ombudsman. The fine comes after a special investigation found what the ombudsman says is ‘a prolonged period of decline’. L&Q must now pay £142,000 in compensation to its tenants after evidence of severe maladministration, including the mishandling […]

Hello, I have recently been granted (from the local council) a possession order and the tenant should have moved out in May – however I have been working alongside the tenant and the local emergency homeless council worker who is trying to find her some housing so that she doesn’t actually become homeless and end […]

Time is running out! The deadline for submitting nominations for The Property Investors Awards 2023 is just around the corner! Don’t miss the incredible opportunity to gain national recognition and propel your success in the property industry. Submit your nomination for one of the 20 coveted awards categories before it’s too late. The nominations deadline […]

A leading industry body has urged the Scottish government not to raise council tax premiums for second and empty homes. Propertymark has responded to the Scottish government’s consultation on raising council tax for second and empty homes by more than 100%. The industry body recommends homeowners should be incentivised to bring empty homes back into […]

Landlords would rather sell their properties than make energy efficiency improvements, according to a new Rightmove survey. A consultation on new EPC and minimum energy efficiency standards (MEES) requirements ended two years ago. The government has given no response to it, leading to widespread uncertainty in the PRS about what is expected from landlords. 61% […]

The UK’s housing market has been hit hard by soaring mortgage rates, resulting in an 18% drop in buyer demand over the past two months alone, one property platform reveals. However, Zoopla’s latest house price index reveals that the drop in buyer demand since last year is a shocking 40% . Reasons for that include the […]

Short-term letting has become extremely popular in recent years but whilst it may be one of the fastest-growing accommodation channels there is a darker side. Tenants who sublet without the landlord’s permission can make a huge fortune by renting out a home on Airbnb whilst the landlord is left to pick up the pieces when […]