Page 318 – Property118
Converting a house into an HMO landlord s21 tenants property118

What happens to unlicensed HMOs once S.21 goes?

17th March 2023

Hello, We’re just waiting for the Renters Reform Bill to pass and Section 21 to be abolished for no fault evictions. When this happens, what will the position be if/when council planners refuse an application for a Lawful Development Certificate to formalise permission for a property to be used as an HMO? Specifically, when permission […]

property prices, rents,

Tenants are leaving cities for cheaper rents elsewhere

17th March 2023

Growing numbers of renters are deciding to up sticks and leave the UK’s cities to find a cheaper place to live or to get more for their money, research reveals. The findings from Rightmove found that in 10 cities, 42% of tenants are now looking to move out of the city they currently live in. […]

Some good news for you this weekend

16th March 2023

We are delighted to be able to share a valuable gift with you this weekend. Last week Simon Zutshi, Author of Property Magic, and founder of the property investors network launched his brand new six-module online Home Study programme, the Ultimate Deal Sourcer Training Home Study coaching programme, for which enrolment closed yesterday. Simon is […]

Propertymark policy head highlights concerns over the Renters’ Rights Bill’s impact on landlords and tenants

Updated ‘How to Rent Guide’ published tomorrow

16th March 2023

An updated How to Rent Guide will be published tomorrow (Friday), and this version is the one that must be issued by landlords and letting agents to new tenants and those renewing contracts. The guide is the checklist for renting in England and should landlords and agents not issue the correct and current version, it […]

Landlords to receive hate crime and anti-racism training

16th March 2023

Private landlords and agents are being offered hate crime and anti-racism training so they can offer ‘appropriate support’ to their tenants, the BBC reports. The training is being offered by the Welsh government as part of the continuous professional development of landlords they need to be a licensed landlord. The training will begin later this […]

Propertymark representative discusses rent control concerns in Scotland

Rental mediation pilot flops with 22 referrals out of 3,000 cases

16th March 2023

The Rental Mediation Service pilot to enable landlords and tenants to access a free independent offering during the landlord possession process has flopped, it has been revealed. Between February to October 2021, there were just 22 referrals out of a potential 3,000 cases – or just 0.73%. The Rental Mediation Service, a joint pilot project […]

Man reviewing tenant issue at desk with documents and laptop

Help with tenant rent arrears on Universal Credit?

16th March 2023

Hello, I have a tenant with six months rent arrears on Universal Credit. I have filled in an online form for direct payment from UC but this was rejected. These were the possible reasons they gave for the rejection but they did not tell me specifically: 1) tenant not on UC or housing benefit 2) wrong […]

Homeowners are better off than renters every year

16th March 2023

Homeowners are nearly £500 better off a year than a renter, research from Halifax reveals It says that the monthly cost of owning a home for first-time buyers is now £971, on average. That is £42 or 4% cheaper than the cost of renting an equivalent property. Owning vs Renting Review looked at the housing […]

Service charge dispute win ends up costing £18k?

15th March 2023

Hi everyone, We took our Freehold Landlord to the small claims court for £3k and then it was transferred to the first-tier tribunal The Freeholder lost and was made to refund us £2520 in service charge overpayments we had made. His solicitors made no application for costs, and neither did we, we just thought it […]

Man with empty briefcase chancellor gives nothing to landlords or PRS.

BUDGET DAY: Underwhelmed PRS speaks out over a missed opportunity

15th March 2023

It was a Budget to forget after the Chancellor Jeremy Hunt appeared to have forgotten landlords, tenants and the private rented sector (PRS) in general. Despite hopes that there would be an announcement how the PRS is taxed – which might help the 30% of landlords who say they are planning to sell up in […]

Budget 2023 – Despite intensive lobbying, landlords miss out

15th March 2023

The Chancellor of the Exchequer, Jeremy Hunt, let landlords sink or swim on their own with no direct assistance for landlords in his Budget announced today. Unlike £63 million of funds for swimming pools, but excluding the PM’s that required an upgrade for the local grid. The good news is the Office for Budget Responsibility […]

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

Tenant won’t move after section 21?

15th March 2023

Hello – my tenant was served a section 21 and has now decided to defend it to gain time even though our grounds for serving the notice are to sell the property. We cannot remortgage because the rent is so low and the property has decreased in value and we cannot sell with the tenant […]

39 developers sign up for the building safety contract

15th March 2023

Thirty-nine of the country’s biggest housebuilders have signed up to the developer remediation contract – which will see the removal of dangerous cladding. The move will also bring relief for thousands of landlords, leaseholders and tenants as the developers have committed to fixing unsafe buildings they have developed or refurbished. The signatories represent a substantial […]

Generation Rent claims 14% of private rented homes have dangerous mould

15th March 2023

Generation Rent, the tenants’ activist group, says that plans for ‘Awaab’s Law’ to clamp down on poor living conditions in social housing should be extended to the private sector. The organisation says it has used Freedom of Information requests to ask 115 councils in England – representing 64% of the private tenant population – about […]

Don’t miss out on Capital Allowances

14th March 2023

After the previous article published on Property 118 regarding Capital Allowances (LINK HERE), it has become apparent that many property owners are currently missing out on significant tax savings, by failing to claim capital allowances on embedded items within their commercial properties, which were purchased either before 2014 or within the last 2 years. This […]

Pic of to let board tenant refusing viewings after s21

Tenant refusing viewings after being served Section 21?

14th March 2023

Hello, Three weeks ago I instructed my managing agent to serve a Section 21 notice on my tenants. I have been emailed by my agent stating that the tenants have asked that no viewings go ahead until the move out date. The agent has emailed the tenants stating that their request is a breach of […]

Houses of Parliament in London viewed from across the River Thames

BUDGET DAY: What the PRS wants the Chancellor to do

14th March 2023

Landlords and property investors will be watching Chancellor Jeremy Hunt to see what is in store for the private rented sector (PRS) in tomorrow’s Budget. Among those urging the Chancellor to help landlords is the National Residential Landlords’ Association (NRLA) which is calling for a tax review of how private rented housing is taxed. Its […]

Virgin Media – Landlord Wayleave Form?

14th March 2023

Hello, My tenant has just sent me an email from Virgin Media asking for her to gain permission from the landlord to allow her to have internet set up at a flat. Virgin Media want me to sign a Wayleave Form. On the one hand its nice to be asked for a change – I’ve […]

Buildings insurance for leaseholders

Implications of a bankrupt freeholder?

14th March 2023

Hello, does any one know the implications for myself and 4 fellow leaseholders of the freeholder of our lease being declared bankrupt and his affairs now being under administration by insolvency agents? Our buildings insurance is up for renewal in April. We have a management company, initially instructed by the freeholder, but they have not […]

Popularity of ‘bills included’ rental properties soars

14th March 2023

As the cost-of-living crisis continues, it is causing a massive increase in people seeking bills included rental properties. In a study of Zoopla data, Money.co.uk has revealed the top 10 cities in England and Wales for bills included rentals. Areas in the UK with highest percentage of rental properties with bills included Preston was the […]

Renters worry about how interest rate rises will affect them

14th March 2023

Two-thirds of tenants say they worry about the impact of rising interest rates on their rent – and whether they will have a home, a survey reveals. The findings from Finbri highlight another survey carried out by them revealed 53% of landlords are planning to raise rents if interest rates rise. And now 63% of […]