Stay tuned for the big reveal – the name of the accountant responsible for this catastrophic situation will be unveiled soon. But first, we’re working to negotiate a settlement with HMRC on behalf of the landlord who’s now facing a hefty bill in taxes, interest, and penalties. We won’t rest until we’ve secured a fair […]

Private landlords across the UK have found themselves in hot water, and it’s no surprise that many are rushing to sell their property portfolios. A recent article by the BBC reported that private landlords had expressed critical concerns that their rents won’t cover the cost of mortgage payments, especially for those with fixed-rate mortgages coming […]

The UK is going through a housing crisis, with landlords leaving the private rented sector in droves and many people unable to find a home. But could the solution to alleviate the housing crisis be in offering England’s 250,000 empty houses and flats for rent? This Property118 investigation highlights the massive number of empty homes […]

Hello, a deposit is still being held by a registered scheme more than six years after a tenancy has ended. The tenant ended the tenancy early and they agreed I could keep the deposit and I have this on video. Shortly after they vacated they made a claim for the deposit and I blocked it […]

To say I was stunned to find out that just 15% – that’s 15% – of landlords are under the age of 45 would be an understatement. Even worse, a government survey puts the average age of a BTL landlord at 58 – and 63% of landlords are over the age of 55. (The median […]

Hello, I am going to rent out my modern (2017 build) 2-bedroom flat via a new letting agent. The heating and hot water are supplied by a combined heat and power plant (CHP) situated in the basement. The CHP unit is gas-fired and backed up by four large additional gas boilers. All 42 flats are […]

Landlords are among those most at risk of fraud, according to a new report. A report by Thirdfort has identified the top eight types of property most at risk from property fraud. Data from the Credit Industry Fraud Avoidance System (CIFAS) reveals identity fraud remains a key threat and the number of cases recorded has […]

Hello, I run a company that specialises in Airbnb holiday lets and short-term room rentals. Last year a lady contacted me and asked if she could rent a room on a monthly basis I took a damage deposit as she was only meant to be there short term. Fast forward she refused to leave the […]

A survey has revealed that 80% of landlords have already carried out work to meet their future potential EPC requirements. The study from Foundation Home Loans says some remedial works have been carried out in anticipation of Government action and measures. However, 52% of landlords say the work was carried out at ‘minimum cost’ and […]

The Bank of England’s decision to increase base interest rates from 4.25% to 4.5% today has led to the property industry reacting. This is the twelfth consecutive interest rate rise – and the highest the rate has been in nearly 15 years. The rise will see loan and mortgage costs increasing for many – though […]

Do you want to become an award-winning property investor? The nominations for the Property Investors Awards are now open! The awards celebrate excellence in the property industry and offer the chance to become recognised as a leader in the industry. There are 20 award categories available with each winner being selected by a carefully selected […]

Dear Property118 I am looking for some initial advice as I want to help my mother with her property held in a limited company. Since my father went into care she now manages the company which holds two rental flats. There are mortgages on both. My brother are also Directors of the company. My brother […]

The Bank of England’s Monetary Policy Committee (MPC) Hawks have today voted 7 to 2 to increase the Base rate by 0.25% to the latest high since the credit crisis of 4.5% and the 12th rise in a row. The two dissenting Doves voted to keep the rate at 4.25% This is after similar increases […]

Despite record tenant demand for a rented home, the number of landlords quitting has rocketed to a new high, research shows. Polling by the National Residential Landlords’ Association found that the number of landlords who are planning to sell their properties has hit its highest rate on record. It found that in the first quarter […]

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 […]

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 […]

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 […]

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 […]

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 […]

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, […]

This is a friendly reminder that the Virtual Property Exhibition, brought to you by the property investors network, is happening tomorrow (Friday 12th May 2023). Why not join 9 industry experts from all over the UK? This FREE 1-day event is designed to help property investors like you, stay ahead of the game and gain […]