Page 337 – Property118
Bakewell in Derbyshire Dales money for poor quality rented homes property118.com

Councils get £1.21m to tackle poor quality rented homes

5th December 2022

Three councils have been handed £1.21 million of government cash in a bid to tackle poor quality rented homes over the next two years. The Derbyshire councils have been handed the money by the Department for Levelling Up, Housing and Communities in a bid to help those areas with the ‘greatest need’. The councils are […]

To Let sign outside rental flats illustrating high demand in Wrexham’s rental market

Lettings agency issues?

5th December 2022

Hello, I am looking to move away from my current Lettings agency on a number of properties I own as I have become very unhappy with their levels of service. The agency has also just been sold to a large well know London based Lettings / Sales business (beginning with F) and the personal touch […]

The number of middle-aged tenants rockets

5th December 2022

The number of middle-aged tenants who are privately renting in England has rocketed by 70% in the last 10 years – that’s more than any other age group. The findings from Paragon Bank highlight that half of those aged between 45 and 64 want to buy a home, but just one-fifth of them are saving […]

man laying loft insulation property118.com

Free loft insulation schemes?

5th December 2022

Hello, I have excellent long term tenants in Wales. They have two young children and like most people in their position finances are a bit tight at the moment. I’ve kept the rent well under market value and fitted a new boiler a couple of years ago. Does anyone know of any free loft insulation […]

Serco contract was a train wreck!

5th December 2022

So like many landlords in the UK, I’ve been presented with the Serco offer to house asylum seekers in my houses. They make a pretty good case; large company, strong covenant, high rent paid monthly and up to 7 years tenancy term. Sounds good, right? WRONG! After a full-blown refurb converting a 3-bed to a […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Landlords – Should we sell up or shut up?

2nd December 2022

Most landlords will have spent a lot of time and money on housing tenants, whether it’s in just one property or a massive portfolio. But, has the time come to give all of this up? I don’t know whether we should sell up or shut up. And here’s why. Leaving aside the fact that house […]

Right to Buy London landlords councils agents tenants property118.com

Labour supports ‘Right to buy’ – but not in Wales

2nd December 2022

In an interview with iNews, the Shadow Housing Secretary Lisa Nandy says Labour supports a council house tenant’s right to buy their home. She said: “Under former leader Jeremy Corbyn, Labour had pledged to end the right to buy scheme. But, under Sir Keir Starmer’s stewardship, that’s no longer the case. “Labour supports the principle […]

Rip-off council tax bills for HMO tenants set to end

2nd December 2022

A bid by the Valuation Office Agency (VOA) to re-band individual HMO rooms for council tax purposes looks set to end after an amendment to a Bill by Conservative MP, Caroline Dinenage. She was compelled to act over growing instances of councils handing individual tenants living in an HMO a council tax bill. Usually, a […]

Tenant looking at EPC on tablet property118.com

Tenants prepared to pay more for energy efficient homes

2nd December 2022

Tenants are willing to pay a 13% premium for an energy efficient home as low carbon homes with sustainable features become more important than the size of the property, research reveals. Legal & General Capital say their findings will help landlords, local authorities, developers and registered providers wanting to invest in environmentally friendly properties. The […]

Rents begin to cool down – but voids start to rise

2nd December 2022

It wasn’t just the weather that cooled down in November as research reveals that rent prices across England also dropped – but voids began to rise. That’s according to Goodlord who point out that while winter is traditionally a quieter time for the lettings sector, rent prices remain significantly up year on year. The firm […]

Property expert warns landlords rushing Section 21 evictions before ban

My ITV News interview with Dan Hewitt

1st December 2022

Hi Property118 readers, Wednesday night in my ITV News interview with Dan Hewitt the main narrative of the story was that tenants are being evicted because LHA rates have been frozen till 2024, so arrears are rising. However, it started off by saying Paul Shamplina is serving an eviction notice 4 weeks before Xmas. What […]

workman improve epc in a rented home holding a display property118.com

EPC policy…the road to tenant hell?

1st December 2022

The road to hell is paved with good intentions. Like being obliged to have an EPC to rent a property. So, I’m a landlord and a homeowner. I have in the distant past been a tenant. When I buy a home, I get a full survey to tell me about the structure of it, whether […]

EXCLUSIVE: New renting laws in Wales are a ‘disaster’ for landlords

1st December 2022

From today, landlords in Wales will see the biggest change to housing legislation in decades coming into force with the rules affecting both landlords and tenants. But the new laws have been slammed as a ‘disaster’ for landlords by Janet Finch-Saunders, the Shadow Minister for Climate Change in the Senedd. The Conservative MS told Property118: […]

Shelters warns 941,000 tenants are facing eviction

1st December 2022

The homeless charity Shelter is warning that one in 12 private renters in England is threatened with eviction. The charity says that is the equivalent of 941,000 people. The results of polling, funded by Nationwide Building Society, found that of the renters at risk of eviction, 504,000 had received, or been threatened with, an eviction […]

House price growth slows to lowest in two years

1st December 2022

The UK’s annual house price growth slowed to 4.4% in November, down from 7.2% in October, data from Nationwide reveals. The 1.4% month-on-month fall in prices is the biggest fall since June 2020 – and comes after a 0.9% drop in October. Robert Gardner, Nationwide’s chief economist, said: “The fallout from the mini-Budget continued to […]

landlord at laptop typing comments on blogs property118.com

Landlords – Attack back?

1st December 2022

Hello, I know this will go nowhere. We cannot strike. We cannot ask for more pay. How about – and I’ll keep it short. Every article on the web (excluding offensive material) gets a tag from all landlords. Whatever it is, good or bad, we say it is our fault? Swamp the media with landlords […]

landlord looking at how to calculate his cgt tax bill property118.com

How much landlords will pay under new CGT rules revealed

30th November 2022

Changes to capital gains tax (CGT) announced in the recent Autumn Statement will see the average landlord pay up to £1,764 more if they exit the BTL sector in the 2023-24 tax year, research reveals. That’s according to the London lettings and estate agent, Benham and Reeves, after it analysed the capital gains seen on […]

pic of landlord handing key to a tenant rents rising property118.com

Rents will continue rising as landlords ‘withdraw’

30th November 2022

A lack of rental stock because landlords are leaving the PRS and continued tenant demand will continue pushing up rents, researchers reveal. The data from TwentyEA also highlight that the average asking price for rent across the UK was sitting at £1,605 per month in Q3 2022. That is 19% higher than in Q3 2019. […]

Andy Hulme of Hyde Housing Association responding to Housing Ombudsman report

Housing Ombudsman urges social landlords to deal with mould

30th November 2022

All social landlords are being urged to tackle complaints relating to damp and mould – and not blame a tenant for their ‘lifestyle’ as being the cause of the issue. The call has been made by the Housing Ombudsman Richard Blakeway who is also questioning the handling of legal claims and the tone and communication […]