Page 326 – Property118
Tenant looking at EPC on tablet property118.com

Smart meters in rented flat?

28th March 2023

Hi, I would like some advice from Property118 readers. I would like to know if any landlords have had any issues with smart meters that tenants have had fitted. The tenants have run up a debt and left the property. How easy is it to “reset” a smart meter for a new tenant moving into the […]

Why do I consider Landbay a specialist BTL lender?

27th March 2023

Landbay’s Buy to Let Mortgages proposition is new and improved for 2023 and their criteria list below shows why they should be considered a serious specialist lender for the property rental market. Interesting? How many other lenders can offer all of this? Not many at all. H D Consultants and Landbay have an exceptionally good […]

Alphaletz is now FREE

27th March 2023

Modern software is saving landlords 50%-75% of their time and Alphaletz cloud-based software has announced today that they are now GIVING AWAY a free plan which allows users to connect their bank account, with full functionality from their desktop and mobile device! You don’t even need to enter a credit card. You’ll also see Property118 […]

BBC’s Panorama – The return of ‘slum landlords’

27th March 2023

A BBC investigation will highlight that council houses that were built to house tenants to protect them from ‘slum landlords’ have been sold under the Right to Buy scheme and are now being let by ‘slum landlords’. Lord Richard Best, from the Affordable Housing Commission, says the housing situation has now gone ‘full circle’. The […]

Michael Gove – ‘No rent freeze or rent cap’

27th March 2023

The Levelling Up secretary Michael Gove says there won’t be a rent freeze or a rent cap for landlords in England this year as part of the proposed Renters Reform Bill. He was speaking on the ‘Sunday with Laura Kuenssberg’ show when he was asked about the lack of support for housing in the recent […]

Permitted occupant tenancy agreement landlord question property118

Landlord Incapacitated?

27th March 2023

Hello, I would like some advice from Property118 readers, If a landlord is permanently unable to maintain an AST due to loss of mental capacity, can their married partner take over if their name isn’t on the agreement? The property is jointly owned but the AST was only in one of their names. Does a […]

Pic of freeholder key landlord leasehold property118

Is new Freeholder liable for previous overcharging?

27th March 2023

Hello, I live a in block of flats where the former freeholder (the company is now dissolved) overcharged the service charges: the percentages we paid added up to more than 100%. The new landlords are fixing the problem but they bought the freehold in 2016. Are they responsible for the earlier overpayments? Our Leases have […]

Landlords to get powers to evict anti-social tenants

27th March 2023

The government has unveiled plans to give landlords and housing associations the power to evict anti-social tenants who ruin their neighbours’ lives by being drunk and disorderly and persistently noisy. The move follows Prime Minister Rishi Sunak’s pledge earlier this year to clamp down on anti-social behaviour and he says it be treated with the […]

Revealed: Chain-free property market hotspots

27th March 2023

There has been a rise in the availability in chain-free properties in 21 major cities, according to a new report. House Buyer Bureau reveals that chain-free stock availability has increased by 3.4% since June 2022, rising from 36.6% of all available homes to 40%. The biggest stock increase has been reported in Glasgow with a […]

Inspired by a new generation of property investors

24th March 2023

Dear Property118 The latest videos you have published on your Property118 TV YouTube channel were very timely for me because I was on the verge of throwing the towel in following the barrage of bad news for property investors in recent years. Those videos might just have changed my mindset completely. The two interviews I’ve […]

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Student landlords – and students – will suffer under periodic tenancies

24th March 2023

The looming ban on fixed-term tenancies as part of the Renters Reform Bill will cause chaos for both students and landlords in the university rental sector, experts say. According to research by the accommodation platform StuRents, the UK will face a shortfall of around 450,000 student beds by 2025 and if landlords leave the PRS […]

New ‘How to rent guide’ is published

24th March 2023

The updated ‘How to rent guide’ has been published and includes the latest advice for landlords and tenants on renting a property in England. This is the first update since July 2021 and the guide must be issued by landlords and letting agents – and to those tenants who are renewing a tenancy. The latest […]

Sellers slashing house prices within a month

24th March 2023

As the property market begins to cool, around one in 10 home sellers are slashing their asking price within 30 days to attract a buyer, research reveals. House Buyer Bureau says it has analysed property sale stock levels in the last 30 days and what percentage have already reduced their asking price. The research reveals […]

Portrait of a business leader in suit and tie

Scotland’s property tax revenue has ‘collapsed’

24th March 2023

Scotland has seen its income from the Land and Buildings Transaction Tax (LBTT) on residential sales collapse this year with the first two months down £44.4m. That’s a drop of 36%, compared to the previous two months, research from property firm DJ Alexander Ltd reveals. And now the firm is calling on the Scottish Government […]

Pic of probate law book for BTL landlords property118

Restriction on Title?

24th March 2023

Hello, I could do with some advice. I have a restriction on one of my BTL properties in favour of one of my investors, e.g., No disposition of the estate without the written consent of investor X….. The restriction was registered when the investor lent me £50K as a long term investment/loan to my property […]

Woman on phone under umbrella in kitchen during water leak

How do I approach neighbours over a water leak?

24th March 2023

Hello, I have a mini HMO next door to one of my BTL’s. When someone next door uses the shower a leak occurs in my property’s kitchen ceiling. I have had the pipework in my property surveyed and all is OK. Any suggestions as to how to approach this would be greatly appreciated. Thank you, […]

Pic of tenant with a cat - landlords pets renters reform bill property118

One in 10 tenants is ‘hiding a pet’ from their landlord

24th March 2023

One in 10 renters say they are currently living with a furry friend in their rented home despite the landlord banning pets, a survey reveals. Researchers questioned 1,000 adults who either rent or have rented a home while owning a pet at the same time. The findings show that 25% of tenants say they’d had […]

Bank of England emblem symbolising decision to hold the Base Rate at 5%

Bank of England steady the ship with a 0.25% Base Rate increase

23rd March 2023

The Bank of England’s monetary policy committee (MPC) today voted by a majority of 7–2 to increase Bank Rate by 0.25%, to 4.25%. Two members of the MPC voted to keep the rate the same at 4%. The eleventh-hour surprise was yesterday’s inflation figures going up instead of down mainly due to the recent rise […]

Man looking at a bill for a Community Infrastructure Levy fees for small developers property118

Community Infrastructure Levy fees for small developers?

23rd March 2023

Hello, I have planning permission to build a one unit flat on top of an existing building (I own the flat below). I also have all the necessary legal documents with the Freeholder. I advised the council that the works would start in mid-January – I needed to do this in order to avoid reapplying […]