The number of agreed sales is returning to near 2019 levels having recovered strongly from a 30% drop in the aftermath of the mini-Budget, according to a new report.  The Rightmove House Price Index reveals that the number of sales agreed continues to improve, and is now just 11% down on 2019’s levels, recovering from […]

In 2022 there were over 50,000 property investment companies formed in the UK but less than 1% of them were Family Investment Companies. This is despite HMRC having given this form of business continuity and legacy planning the thumbs up in the previous year. In this article and accompanying video we explain what the difference […]

The number of people looking to rent rose sharply in January, according to a new report. Information from the Propertymark association Housing Insight Report covering the period between 31st January -13th February revealed that 108 new applicants registered per member branch on average in January, compared to just 64 in December. 108 is only 9% […]

In September 2022 I served a S21 on my tenants giving 4 months Notice. They have approached the Council as they require assistance getting rehoused and have been told that the S21 is invalid because the EPC expired in 2020 and they weren’t issued with a copy of a new one. The tenancy began in […]

This hypothetical, supposing the Minimum EPC is raised to a C say on the 1st of April 2025 and all houses below a C needed to be up to the new standards by the 1st of April 2028 approximately 48% of the rented sector. If the date of the Legislation was passed say 1st Of […]

Paragon Bank commissioned a survey of over 750 landlords by BVA BDRC, which has reported a decrease to 32% of landlords confirming that they have had at least one tenant in rental arrears during the previous 12 months. This is down from 34% against the previous quarter and is the lowest level of rent arrears […]

Hello everyone, Since being Landlord I have used Homelet for both property insurance, legal protection and rent guarantee. Thus far, the good news is I have not had to make any claims. However, these policies are now coming up for renewal and since covid Homlet has said that they only offer policies for a maximum […]

Landlords have spent nearly £9,000 on improvements to meet proposed EPC requirements, according to new research.  The findings from Shawbrook Bank reveal that landlords have spent an average of £8,900 so far on improvements – which is almost 50% more than they had expected they would need to spend. Researchers found 21% of tenants have […]

Apparently, the private rented sector (PRS) needs to be repurposed to create a new generation of social homes, according to a charity think tank.  The report from the New Economics Foundation (NEF) says that private rented property should be “acquired” and used for social housing. The NEF says it will explore how councils can use […]

Average UK house prices reached £294,000 in December 2022 – £26,000 higher than 12 months ago, according to the Office for National Statistics (ONS).  The latest UK House Price Index from the ONS revealed average UK house prices have increased by 9.8% in the last 12 months to December 2022, down from 10.6% in November 2022. […]

The top five UK home builders are likely to be disproportionately hit by hefty taxes, according to Bloomberg Intelligence.  Large UK home builders such as Taylor Wimpey, Bellway and Berkeley are likely to be hit by heavy taxes (80% of the industry levy) for fixing apartment-building safety issues, on top of costs to fix their […]

Yet another reason to sell up. My deposits have just ruled that unless a landlord has a court order they cannot be awarded money from a deposit to pay towards legal costs! My Deposits has awarded in favour of my ex-tenants by giving their money back even though they withheld rent twice over 2 years, […]

Are you ready to sell your investment and move on to other opportunities? If so, we have the solution for you. We are a team of real estate professionals, dedicated to helping landlords sell their properties quickly and efficiently. We understand the unique challenges that come with selling rental properties, and we have the expertise […]

I hold the registered title of Absolute Guarantee to long residential Under Lease to flat and parking space. The residue of the Superior Lease transferred by the Developer to the Right to Manage Company (RMC) a registered limited company subject to a trust in which Leaseholders are Unitholders each hold a £1 paid-up share and […]

A third of private landlords with a buy-to-let mortgage face the prospect of higher costs this year, according to the National Residential Landlords Association (NRLA).  The Bank of England has warned that by the end of the year, monthly repayments for buy-to-let landlords are expected to rise by £175. A fifth of landlords with such […]

The housing market has seen a positive start to 2023 according to recent research from Rightmove and TwentyCi. Rightmove’s latest price index showed the average asking price for a property jumped 0.9% in January, up £3,301 from the month before. The Office of National Statistics (ONS) showed house prices were up 10.2% in the year […]

Over half of fraudulent rental applications in 2022 involved fake or doctored pay slips, according to new research.  The findings from Goodlord analysed 300,000 tenancy applications submitted by people looking to rent homes in 2022. Whilst only a tiny fraction – just 1 in 1,000 – of these applications were proved to be fraudulent, 54% […]

The South-East is home to the highest proportion of asking price reduced properties, according to new research.  Quick-buy firm House Buyer Bureau, says 21% of properties in the South-East are being reduced in price by almost 20%. The firm analysed the latest statistics on asking price reductions across the market in Britain using figures from […]

The managing agent I have been using on a Full Management basis is dragging its feet in making a deposit claim. It is now declaring that in order to present the statutory declaration there will be charges to be paid to them. This does not include any legal fees to have it witnessed although I […]

Landlords do not ‘systemically discriminate’ against tenants, according to a new Home Office report.  The government has published the findings of a evaluation into the operation of the Right to Rent Scheme. The scheme requires landlords of privately rented accommodation to conduct checks on all new tenants to establish if they have a legal right […]

We are in dispute with a tenant that upped and left over a mouse in the house. That’s another story. However, they failed to read the meter on leaving and the electrical company have refused to refund them. They demanded we pay their electric bill and return their deposit. We have no record of a […]