Faced with rising mortgage rates and mounting costs, a wave of landlords is opting to sell their properties, leading to a surge in the availability of affordable homes, Zoopla reveals. The housing platform says that 11% of homes currently listed for sale were previously rented out, marking a decline from the pandemic-driven peak of 14% […]

Propertymark has thrown its weight behind proposals for stricter regulations to prevent carbon monoxide poisoning in residential properties. The organisation for letting agents has teamed up with cross-party think tank Policy Connect and the All-Party Parliamentary Carbon Monoxide Group. The move comes after the Welsh Government’s consultation was unveiled on the mandatory installation of carbon […]

Hello, We rent an annex to our property, which has access to our garden. It is not possible to block this, but we have always had a verbal agreement with tenants that they have use of a private fenced off terrace outside their kitchen but not the main garden. Never had a problem. In the […]

Hi, I have a tenant that has been here for about nine years. I replaced all the carpets throughout the property a couple of years ago and he replaced the kitchen flooring with laminate. He has just messaged me to say he’s completely infested with carpet moths and they have seriously damaged all the carpets. […]

Hello, I had a heat source air pump salesman visit 3 properties. My case was very clear – I’m only doing the work if it’ll make the EPC move from a D to a C – otherwise its pointless. He said – 2 houses forget it. But on 1 house … it’ll be worth it. […]

In a call that will cause dismay among landlords in the capital, one organisation is urging for MORE devolved licensing powers to be handed to London’s councils. A think tank called Centre for London has published a report entitled: ‘Licence to Let: How property licensing could better protect private renters’. The report says that the […]

The tax benefits associated with retiring or otherwise relocating to Malta can be significant. This is something I know firsthand because my wife and I took that leap back in 2016. Below is a very short summary of some of the tax benefits my wife and I have enjoyed whilst living in Malta. You can […]

Many landlords are reporting that it has become increasingly difficult to remortgage as a result of higher interest rates affecting lenders’ affordability calculations. Last week I spoke to one landlord whose mortgage interest is now greater than his gross rental income, even though the LTV across his whole portfolio is only 54%. This is becoming […]

Should landlords hold onto their properties for as long as possible following the BOE’s announcement that inflation fell to 8.7% in April? Despite the fall in inflation, The Guardian is reporting the financial markets are betting on an interest rate rises to 4.75% in June and 5.4% by the end of the year , the […]

If you’ve found this article as a result of searching for the term Rent Repayment Order, then the chances are very high that you’ve just received a letter with an “Application by Tenant or Local Housing Authority for a Rent Repayment Order”. Do NOT IGNORE this application form or the Tribunal Notice. Get professional assistance […]

As the UK grapples with a housing crisis, new research indicates that abolishing a tax increase on rented housing could help alleviate the situation. Capital Economics has conducted an analysis for the National Residential Landlords Association (NRLA) which suggests that reinstating mortgage interest relief (MIR) in full for the private rented sector could ease the […]

 As a recent graduate, I know the difficulties of finding a student house and a proposed ban on fixed-term tenancies will have a serious knock-on effect on students. Many students start searching for accommodation months in advance. I started searching around December time as I knew how fast some houses can be snatched up. I […]

The tightening supply of homes to rent and affordability issues mean many renters will be reluctant to access their new rights under the Renters’ Reform Bill, research suggests. The findings from TDS Charitable Foundation highlight that nearly a third of tenants are finding it difficult to meet their rent payments – and more than half […]

It’s been a year since the grand opening of London’s Elizabeth Line and a new report has revealed the latest trends among renters around its stations. According to Rightmove, the biggest surge in tenant demand is being seen at the stations farthest from the city centre. The same tenant trend has been unearthed by Foxtons […]

Investors and second home buyers account for more than a quarter of all Scotland’s property taxes paid over the past year, research reveals. DJ Alexander Ltd, Scotland’s largest estate and letting agents, says these buyers have contributed £179.1m in additional dwelling supplement (ADS) between May 2022 and April 2023. That’s nearly 28% of the £642.4m […]

Landlords often hear about rules and regulations when it comes to energy and electricity but what about water? Legionella is a bacteria that can be found in water and prove to be fatal with hundreds of cases reported every year in the UK. This Property118 investigation highlights the risk of the deadly disease and what […]

The National Union of Students (NUS) is celebrating the Renters’ Reform Bill as a landmark victory for renters’ rights and warns that attempts to ‘water down’ the law will create an ‘underclass’ of student tenants. The NUS says the proposed law will bring much-needed security and protection to students living in poorly maintained properties. And […]

Preparing your annual tax information for your accountant can be a very time-consuming exercise! Alphaletz has just released a new update to help landlords get the information they need in a matter of seconds. It’s in a format that makes it extremely easy for accountants, or even landlords, to prepare their returns and save themselves […]

Are you a landlord who is facing difficulties remortgaging? Then, Alexa Phillips, the personal finance reporter for the Telegraph would like to speak with you. Alexa would like to ask Property118 readers about: How are banks assessing your affordability? Are you not able to raise rents enough to cover the increased mortgage costs? Are you […]

Off-plan sales for new homes have continued to plummet as property investors avoid buying, research reveals. Real estate firm Hamptons says that just 34% of new homes in England and Wales were sold in advance of completion last year. That’s the lowest level since 2013 and just one in five of those sales was to […]

Over the last 12 months, £250bn worth of property has been sold in the UK with the richest local market – surprisingly – being found north of the Scottish border. Estate agents Nested analysed the total volume and combined value of property sales to reveal which areas are booming, and which ones are struggling. It […]