Page 330 – Property118
Businessperson tearing a contract in half, symbolizing termination of an agreement

Right of Cancellation for a property management service?

28th March 2023

Hello, I invoked a Right of Cancellation for a property management service within the 14 day period, using the method defined in their terms of business and based on the The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 recommendation. I welcome peoples’ view of the defence points raised to my money claim online, […]

‘Difficult times’ predicted for Scotland’s tenants with new First Minister

28th March 2023

Tenants in Scotland could face ‘difficult times’ with the announcement that Humza Yousaf has won the race to replace Nicola Sturgeon as leader of the SNP and First Minister. One critic says that Mr Yousaf’s ‘negative attitude’ to the private rented sector (PRS) will see higher rents, more tenant evictions and fewer homes to rent. […]

Landlord concerns grow over capital gains tax changes

28th March 2023

Nearly half of landlords are concerned about capital gains tax changes, according to a new survey. The findings from Finbri reveal that 45% of landlords have expressed concern about the potential impact of capital gains tax (CGT) on their investments. In the Chancellor’s Autumn Statement on 17 November 2022, it was announced that capital gains […]

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 […]

students laughing in student accommodation property118.com

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, […]