Page 330 – Property118

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 […]

high rise building, property 118

Owners of high-rise buildings warned of ‘legal obligations’

9th March 2023

A new campaign aimed at owners and managers of high-rise residential buildings in England will highlight their new legal duties. The new ‘Be Ready’ campaign will call on those responsible for the safety of higher-risk residential buildings to protect residents from unsafe building practices. The owners have six months from April 2023 to register with […]

Buy-for-Uni: How to be a student student landlord

8th March 2023

It’s that time of year when students will be looking to sort out accommodation for the upcoming year, so what better time to learn more about our Buy-for-Uni proposition? A Buy-for-Uni mortgage allows students to purchase a property local to their university, live in it, and rent the other bedrooms to fellow students, making themselves […]

Telltale signs on how spot a bad tenant!

8th March 2023

A bad tenant could cost you thousands but how do you spot the bad ones? There are so many stories I read every day of a tenant who trashed a landlord’s property, leaving the landlord to pick up the tab. Perhaps you’ve even had a tenant who appeared polite and passed all the credit checks, […]

Pic of people queueing for social housing UK landlord tenant s21 property118

My tenants want to apply for social housing?

8th March 2023

Hello, I am a private landlord. I had my tenants before 2016. They have been on a rolling tenancy since the AST fixed term expired. I also had a ‘Deed of Guarantee’ signed by their guarantor when they moved in. We have been on good terms with each other. My tenants have small children. They […]

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Welsh government to consider financial help in decarbonising rental properties

8th March 2023

The Welsh government is being urged to consider offering financial incentives to landlords to help them decarbonise their rental properties. The move follows advice given by industry body Propertymark to the influential Senedd Climate Change, Environment, and Infrastructure Committee’s inquiry into the decarbonisation of the PRS. Some of its recommendations include starting a national campaign […]

pic of landlord changing the locks s21 tenant eviction property118

Sec 21 issued, 1 tenant leaves, 1 stays?

8th March 2023

Hi, I have been a landlord for 20 years and am now selling all my properties, one a year, as I’ve had enough of the way things are going against the private landlord. I have done evictions in the past but have now come up against a situation new to me, so would appreciate advice […]

pic of Helsinki cathedral rent controls rent freeze uk property118

Why Finland shows that rent controls don’t work

8th March 2023

A growing private rental sector crisis in the UK with landlords leaving and rents increasing has seen a growing clamour to introduce rent controls. However, the experience of renters in Finland shows that this might be the wrong approach. Politicians such as Nicola Sturgeon who unveiled a ban on rent rises in Scotland last September, […]