Page 319 – Property118

MPs back Ben Beadle after Guardian slam claims of landlord exodus

13th March 2023

MPs have backed the National Residential Landlords Association’s Ben Beadle after the Guardian newspaper claimed he was ‘making up stories’ about a landlord exodus from the Private Rented Sector (PRS). In its report, the Guardian said Mr Beadle made the claim as part of a lobbying effort last September to change the tax rules for […]

Landlords reveal likes and dislikes about the PRS

13th March 2023

A massive 72% of landlords believe the private rented sector is fit for purpose, according to a new survey. The findings from the Property Redress Scheme reveal that the main reasons for their satisfaction was that the private rented sector (PRS) provides a regular income, and the current regulations offer landlords protection. However, of the […]

Pic of frustrated landlord because a tenant will not leave.

Tenant refuses to leave until council re-house her?

13th March 2023

Hi, I have an issue with a tenant who is refusing to leave after I served a section 21 notice. I am forced to sell as my mortgage has soared over £3,000 a month and rental income is only £1,600! I have sold the property at a massively reduced price for the same price I […]

One in five landlords have negative feelings about the PRS

13th March 2023

One in five landlords (19%) feel negatively about their business and point to government interference, market uncertainty and negativity about landlords as the reasons why, a survey reveals. The findings from Landbay found that 46% of landlords remain positive about the future of their buy-to-let business and investments, while 35% are neutral. Of the landlords […]

Opportunities for UK Landlords to take tax efficient ‘time out’

12th March 2023

Did you know, there are currently 15 countries where UK landlords can get a special visa to live for a year or more, pay no tax in those countries, and potentially benefit from significantly lower taxation in the UK? The above could be very appealing, especially if you can find a way to run your […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Can landlords afford a rent freeze in the UK?

10th March 2023

I can’t say that I am surprised at the news that Labour Mayors, trade unions and rent activists are calling for a rent freeze – not on the grounds of saving tenants a few quid, but because landlords can afford it. The latest wheeze underlines my prediction that a rent freeze or a rent cap […]

Portrait of a business leader in suit and tie

Eviction moratorium ‘sham’ as eviction cases soar in Scotland

10th March 2023

Scotland’s moratorium on evictions has been branded as a ‘sham’ by critics after revelations that the number of tenants facing eviction is more than double the usual number. This week, the Scottish Government announced that a rent cap and a ban on evictions would remain until September. However, the number of eviction cases being listed […]

Homeless charity joins with home furnishing company

10th March 2023

IKEA has teamed up with Shelter to reveal the ‘realities’ of the UK’s ‘housing emergency’. The furniture giant and the housing charity have launched a campaign to raise awareness of the real-life living conditions of people who are forced into temporary accommodation. The ‘Real Life Roomsets’ in four IKEA stores will show the cramped and […]

Waiting for the ‘right’ moment to invest?

10th March 2023

Fact: In the last 50 years, property prices have only fallen during four of those years. So, if you were waiting to time your run to perfection to invest in property with the exact moment prices hit rock bottom, think again. You know what they say… Strike while the iron’s hot. But when investors wait, […]

Extending lease on a flat with Nottingham City Council?

10th March 2023

Hello, I’ve been reading a thread from August 2021 about experiences of extending leases. The information from Mick Roberts was very useful but it’s not clear how the lease extensions concluded. I’m involved in a similar process, extending a lease on a one bedroom flat (90 yrs left) with Nottingham city council. I’d be interested to […]

Paragon Bank unveils its new limited-edition five-year fixes

10th March 2023

Paragon Bank has announced the launch of four limited edition five-year fixed rate buy-to-let mortgages. The new products are available to portfolio landlords – that is those with four or more buy-to-let mortgaged properties – in England, Scotland and Wales. The products have up to 75% loan-to-value (LTV), with a maximum loan of £4 million […]

pic of woman landlord struggling with selective licensing forms property118

Landlords criticised for not completing Selective Licensing forms

10th March 2023

A council has criticised landlords in its area for not completing its selective licensing forms properly and says that out of 700 applications they have received, three quarters are missing vital information. That then leads to a delay for the council in granting the licence because the landlord has to be chased to supply the […]

Propertymark reveals confusion over regulations

10th March 2023

Since the launch of the ‘biggest shake up’ in Welsh Housing law, there have been concerns from landlords around the confusing regulation, Propertymark says. The Renting Homes (Wales) Act 2011 made several key changes to housing law in Wales, and now works alongside the Renting Homes (Fees etc.) (Wales) Act 2019. Propertymark says whilst the […]

Houses of Parliament and Big Ben overlooking the River Thames during overcast weather, supporting article on UK housing standards

Renters Reform Bill – Free webinar March 21st

10th March 2023

The Renters Reform bill is gathering pace and could enter parliament as early as May. There are 12 proposals being put forward that could significantly effect the way Landlords currently run their property businesses. Are you up to speed? If not, join our free upcoming webinar on the 21st March where I, will be joined […]

Self-managing landlords looking to switch to agents

10th March 2023

Fears about the future of the private rented sector (PRS) are leaving many landlords considering whether they should sell up or switch to using an agent, research reveals. The findings from Uswitch highlight that 63% of private landlords would consider using a property manager or a letting agency. And almost a third (29%) of landlords […]

Illustration of houses with the word eviction, symbolising Section 21 rental evictions

Can two Section 21s be running at the same time?

10th March 2023

Hello, There is an existing Section 21 which has been contested and waiting to go to court. My question is: Can a landlord issue a new section 21 that will running simultaneously with the old Section 21? If the first one fails because the tenant has lied, the second section 21 will not have to […]

RICS says rents will rise as landlords leave the PRS

9th March 2023

Despite rising rents and continued demand from tenants, there will be more landlords leaving the private rented sector, a new survey reveals. The latest RICS survey found that tenant demand has increased by 32% from January. However, the organisation points out that while tenant demand is high, more landlords are selling up over fears of […]

Telegraph Property 118

Daily Telegraph wants to talk to landlords who are happy in the PRS

9th March 2023

The Telegraph understands landlords are facing many challenges at the moment amid stricter rules, higher mortgage costs and tax changes. But the paper would like to hear from landlords who are enjoying the PRS. Rachel Mortimer, the Telegraph’s senior personal finance reporter, would like to talk to Property 118 readers about:  Landlords who have a […]

Pic of leaking pipe landlord leasehold issues insurance property118

Legal clarity on flat to flat water leaks?

9th March 2023

Hello, There was a leak from one flat down to several other flats caused by a damaged waste pipe from the sink. The flats are 20 years old. Once discovered, the damaged pipe was repaired straight away. There has been no malicious or negligence by the leaseholder from where the leak came from. Secondly, the […]

Pic of fire in block of flats landlord insurance property118

Landlord insurance for flats?

9th March 2023

Hi, I own a few flats that are in blocks, they are all unfurnished (so I have no contents) and the buildings insurance is provided for the block via the managing agents/service charge. There doesn’t appear to be any products out there that will provide ‘landlord cover’ without also taking buildings or contents – I’m […]