Tenants who want to buy a home are having to rely on the Private Rented Sector (PRS) for longer, but this will put pressure on the supply of homes and push up rents, one bank says. Paragon has surveyed more than 2,000 would-be homebuyers and found that the cost-of-living crisis is hampering their efforts to […]

A grim prediction from the Bank of England is forecasting that rents will rocket by 20% because landlords could be paying up to £4,000 more for their buy to let mortgage in 2023. The warning comes from the bank’s Financial Policy Committee which says that the monthly repayment facing landlords will rise by £175 – […]

Alphaletz will be repeating a free webinar with Mark Alexander (Founder of Property118) on Wednesday the 14th of December at 7:00pm to outline the benefits of a company structure and see if it’s right for you. Richard Jackson, the founder of Alphaletz, the award-winning Property Management Software solution, is a long-time portfolio landlord who first […]

For mitigation against the worst implications of the (expected) Renters’ Reform Bill for my Student HMOs, I am mulling a business model change to…. Leasing individual rooms on a fixed-term basis to the PARENTS rather than the occupying students….Will this work? Here’s my thinking so far… Lease terms would allow the room to be licenced […]

The Daily Telegraph’s property correspondent, Melissa Lawford, is writing an article about the buy-to-let remortgage crunch and would like to talk to landlords who have recently come to the end of their fixed-rate mortgage deals, or are expecting to in the year ahead. How much did/will your mortgage rate change? What does this mean for […]

Are you thinking about selling some of your rental properties, perhaps to pay down mortgages or become mortgage free? There may well be Capital Gains Tax consequences associated with this, HOWEVER, there may also be ways to mitigate this tax, which I have explained in the video below. Good News, Property118 TV is back. This […]

Plans by the Government to introduce a registration scheme for short-term holiday lets have been welcomed by the Short Term Accommodation Association (STAA). The trade association represents thousands of owners and businesses in the UK operating short term lets and they have been pushing for a national registration scheme. That would make it easier to […]

Tenants are struggling this Christmas with rising food and energy prices, and now comes news that rents have risen by 15% since last Christmas. That rent increase is for tenants in London, says Ocasa, while the average rent has risen by 10.8% over the same period. Renters are now paying £1,175 on average per month […]

At least half of landlords who have served a repossession notice have done so to tackle a tenant’s criminal or anti-social behaviour, research reveals. The findings from National Residential Landlords Association (NRLA) highlight that communities are facing misery because local councils and the police are failing to deal with the culprits. And 84% of landlords […]

So this isn’t going to be a subject everyone wants to hear! With the doom and gloom of property world war 3, are we landing our troops, or coming out of the ashes?? In other words, is now the time to buy or are we all going to see our portfolios drop in value? Now […]

Well, that got your attention didn’t it! But is it such a crazy idea? What if landlords got together and started a charity that helped the same people that Shelter and Crisis claim to. Fundraise the same way, from the public. But a charity that underwrites rent and deposits for those that we wouldn’t normally […]

Landlords are increasingly looking at investing in a rental property because of rising rents, one real estate firm says. According to Hamptons, this year has seen investors accounting for the largest share of home buyers since 2016. The firm says that 12.2% of homes were snapped up by investors – up from 2021’s figure of […]

A bigger seasonal dip than usual has seen property prices continue their slide with sellers dropping the price on a new listing by 2.1%, Rightmove reports. That price fall equates to an average of £7,862 and is a bigger drop than is usually seen at this time of year. Rightmove says that is down to […]

Hello, A question on financial responsibility for the roof of a block of flats that has been sold to another ‘user’. We’ve had an item on our service charge for legal fees that were run up by the freeholder in relation to legal fees for issues regarding works to the roof of our building by […]

Letting agents in Scotland say that 85% of their landlord clients are planning to leave the private rented sector (PRS) after emergency measures introduced by the Scottish Government brought in a rent freeze and a ban on evictions. The claim is made by Propertymark who point to agents saying that fed-up landlords have told them […]

It has been another interesting week in the life of a landlord in the UK – and none of it good. My attention has been drawn to the use of statistics to prove that all landlords are bad – and how the media swallows these figures without closer examination. So, let’s look at my old […]

Hello, As of 9th December 2021 the Lambeth BC decided to reduce the number of unrelated people using shared facilities from 5 to 3 to class it as an HMO. At that time we had 3 gents living in the flat under AST which commenced in September 2019 and became a rolling AST from September […]

A leading lettings agency says that prime rental demand in the UK is running at an unprecedented level and is up by more than 20% year-on-year. That’s according to Nicky Stevenson, the managing director of Fine & Country UK, who points out that prospective home buyers are having to rent for longer because of higher […]

A new way for tenants to improve their renting experience is being promised with the unveiling of a new, free app called tlyfe. The app is a result of a tie-up between The Deposit Scheme (TDS), the tenancy deposit protection and resolution service provider, and prop tech firm OpenBrix. The new offering promises to be […]

Single tenants are finding it harder to afford their rent with rocketing prices, one property platform reveals. In its latest rental market report, Zoopla says that rental unaffordability for single earners has reached its highest level for more than a decade. The report points to the average rent for a new letting growing by £117 […]

Rents across the UK continue to hit new highs with the HomeLet Rental Index revealing that tenants are now paying, on average, £1,175 per month for a new tenancy. That’s a rise of 0.3% from October‘s figure – and it is up 11.1% from 12 months ago. But it appears that landlords are becoming increasingly […]