Commercial rents have bounced back across Britain, with an impressive 9.7% growth in the last year alone, data reveals. According to Sirius Property Finance, the boom has overturned a previous downward trend which saw prices fall by -2.9% between 2021 and 2022. The current average commercial rent is now £1,036 per week – that’s 42% […]

Self-managing landlords who are fed-up dealing with new legislation and falling profits are being warned to be wary before signing up with a letting agent who could land them in hot water. The warning comes from Landlord Licensing & Defence which says landlords must research potential agents before making any commitments. According to the firm’s […]

Hello, I have a serious concern about Michael Gove who is practising divide and conquer between landlords and tenants. If a landlord can no longer evict a tenant via a Section 21 notice, then I believe that they won’t be able to submit a claim via their landlord’s house insurance as my policy states that […]

Hello, are there/will there be any circumstances in which children and pets can be prohibited when offering residential property for let? I own a detached property which has been successfully rented out over a 20-year period and it is now available again. It is about 20m from a commercial property which I also own, a […]

London’s prime rental market is continuing to see strong renter demand but there’s a ‘weak supply’ of properties – but signs are emerging that tenant demand is starting to cool. According to research from property analysts LonRes, there was annual rental growth of 7.4% in April – which is similar to March’s figure. The firm’s […]

Hi everyone, I served a Section 21 seven weeks ago so the tenant is due to move out on 21st May. They are on benefits so the local council will be paying most of the rent. My guess is they aren’t moving! Grrr! And I would be very surprised if the council have not advised […]

In 2015, Saif Derzi bought his first property, he then went on to buy 2 more properties in 2017 and incorporated his property investment and trading business in 2018. Fast forward 5 years and he has bought and sold over 160 properties within SDGB Properties. Saif first entered the property world when he set out […]

The likeliness of HMRC opening “Compliance Checks” into the accounting of Hybrid LLP’s operated by property rental business owners is now at an all-time high. HMRC could simply target all LLP’s registered at the office addresses of Accountants known to have filed tax returns incorrectly for other their clients. However, given the levels of incorrectly […]

Are you a landlord who is worried about the wide range of reforms expected in the Renters’ Reform Bill? Then, Alexa Phillips the personal finance reporter for the Telegraph would like to speak with you. Alexa would like to speak to Property118 readers about: What do you think about the proposals in the bill, and […]

Tory MPs fear the soon-to-be-published Renters’ Reform Bill will force more landlords to sell up. According to the Telegraph, there are growing concerns amongst Conservative MPs that the government has gone too far with its war on landlords. The Bill is set to include a wide range of reforms for the PRS and is expected […]

With fast-rising rents, growing numbers of tenants are becoming more flexible over choosing where to live – and are increasingly finding somewhere more affordable that is further away, one leading real estate expert says. Nicky Stevenson, the managing director of Fine & Country, says renter affordability is also becoming stretched. She says that the pandemic […]

Hello, I have a single woman tenant who works full time and has been in the property for about eight months, there have never been any issues and always paid the rent on time and in full. The property is a three-bedroom maisonette flat. My question is: She contacted me on Friday afternoon to ask […]

Landlords are keen to help their tenants cope with their rising utility bills, a survey reveals. The findings from the National Residential Landlords Association (NRLA) show that while 85% of renters hadn’t discussed financial issues with their landlord – 14% of them had. And 66% of tenants report that their landlords responded positively when the […]

On Thursday the Bank of England, Monetary Policy Committee voted 7 to 2 to raise the base interest rate to 4.5%, which is the highest since 2008, and the 12th consecutive rise. Anyone who is on a variable interest rate will receive another all too familiar letter over the next few weeks, to say that […]

Hello, selective licensing is now coming to an area I have a property in. The SoS (Secretary of State) agreed to it as the council stated it met the requirements as specifically as it is an area of high deprivation and anti-social issues. One of the requirements within the SL I need to adhere to […]

London Mayor Sadiq Khan has repeated his calls for a rent freeze to help Londoners in the week that the Renters Reform Bill is due to be published. Mr Khan demanded rent freezing powers last month and in a speech on his delivery of 116,000 affordable homes for Londoners between 2015 and this year, he […]

Hello, I have two tenants, who pay on time and look after the house well and I would like to keep them on as tenants. However, I am a bit worried as one has an e-scooter which he rides to work and charges the scooter in the house. I am now getting paranoid that there […]

It’s game over for most Hybrid LLP tax structures. A “Hybrid” / Mixed LLP is a Limited Liability Partnership where one or more Members is a Limited Company. Following our article “How Property118 Are Helping A Landlord To Resolve A Serious Hybrid LLP Tax Planning Blunder” we have discovered two other firms of Accountants that […]

As a landlord, I recently faced a difficult situation with one of my tenants, a 68-year-old man who was struggling with drug addiction and had fallen severely behind on rent payments. Despite my efforts to work with him, I had to use a section 8 eviction notice to remove him from the property. Unfortunately, the […]

Hello, The footpath that runs along the side of my house is on my deeds. This was left as a right of way for a road to be built between the gap in the house in 1936 which has never happened. I would like to have a driveway installed but the only way to do […]

A leading industry body has urged the UK government to improve access to housing for people in receipt of benefits in the PRS.  Propertymark told the House of Commons Work and Pensions Committee that many people in receipt of benefits are excluded from some housing options due to Local Housing Allowance (LHA) rates. LHA rates […]