The rents for new tenancies in the UK fell in December for the first time in more than a year, figures reveal. According to HomeLet, the average rent dropped 0.1% – or £1 – since November to £1,174 – though every region continues to see annual rent price growth. Tenants in London saw rents fall […]

The National Residential Landlords Association (NRLA) has launched a new partnership with a leading provider of flexible boiler and emergency cover, YourRepair. As a result, NRLA members will be able to get comprehensive boiler cover enabling them to call on YourRepair should they need urgent assistance. In addition, members will also benefit from a discounted […]

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers, will be presenting in person an overview of several landlord tax strategies at the Progressive Property Network Stratford meeting Tuesday 10th January. Workable, 19th Floor 1 Westfield Avenue, Stratford London E20 1HZ Welcome to PPN Stratford! Our PPN in Stratford is a unique […]

In 2023, many investors will choose to give up, and sell up, before they run through their cash savings entirely, and that’s without mentioning the recession, falling house prices (coming soon), and rising rent prices (happening already). What does this mean for property investors? Beyond the doom and gloom, there’s a lot to get excited […]

As the headline says, landlords who want to explain just how difficult life is right now to their tenants should give them this article. For tenants who believe we should have a rent freeze and all landlords are evil, then be prepared for a shock. It’s a new year and we can expect critics to […]

According to Rightmove, average asking prices for homes were 5.6% higher across Great Britain at the end of 2022 than they were at the same time in 2021 – but one area did exceptionally well. In a list dominated by towns in the South East, it was a small town in Nottinghamshire that picked up […]

Hello, My tenant had a two years AST but she left after 18 months. The council made her liable for council tax and she appealed. I was not involved in the tribunal hearing. She won the appeal saying the landlord agreed to end the tenancy, which I did not. The council then put the council […]

The private rented sector (PRS) will endure a tough 2023 with rising rents and more tenants falling into arrears, the UK Association of Letting Agents (UKALA) warns. A survey of 1,100 members in England, Scotland and Wales is predicting that tenants will find the next 12 months increasingly difficult with 79% of agents predicting that […]

Average house prices in the UK have fallen for the fourth consecutive month with the prospect that an annual price fall is likely, Halifax reports. In December, average house prices fell by -1.5% and the annual rate of growth dropped to +2.0%. According to the data, the average UK property now costs £281,272, that’s down […]

He’s a well-known character among landlords and for anyone interested in leasehold property management, he is the ‘leasehold guru’. And with 40 years of experience in the sector, Bernie has built up lots of experience. He also warns that many leaseholders will need to take note of a new law taking effect that could have […]

Tenant demand is starting to fall across England with some areas seeing demand falling by up to -29%, research reveals. The findings from lettings and agent, Barrows and Forrester, show that renter demand in England is currently sitting at 33.9% – after a quarterly drop of -12% between Q3 and Q4 of 2022. Bristol saw […]

The lack of homes to rent and strong tenant demand has helped the rental market remain steady in December – though rent prices fell slightly, Goodlord reveals. December is usually the quietest month in the year and voids have remained unchanged. In six of the seven regions monitored by Goodlord, there was a small decrease […]

The number of new sellers putting their home on the market on Boxing Day leapt by 46% compared with the year before to set a record, Rightmove says. There was also a big jump in the number of sellers wanting their home valued between Boxing Day and New Year’s Day – the highest recorded in […]

More than half of renters say they would avoid an energy-inefficient property if it had an EPC rating of D or below, a survey reveals. The findings from Shawbrook Bank show that 58% of private tenants would not rent an energy-inefficient home and there is a ‘significant knowledge gap’ about what EPC ratings are and […]

Tenant demand for homes to rent in London is ‘unseasonably high’ but rent rises are beginning to slow down, one agent reveals. According to Chestertons, they saw the first signs of the capital’s rental market cooling down in October – and their November data proves this trend. They say that the number of landlords reducing […]

Hi, I moved into a block of leasehold flats last year and I’m reaching out for a neighbour but also for myself. Several years ago there was some flooding in a room (considered to be a cleaning room, residents don’t have access to it – only the freeholder) which resulted in an adjacent front door […]

Landbay and Accord Mortgages have revealed new products and rate cuts to help landlords looking for buy to let mortgage deals. First up is Landbay with news that it is re-releasing a Special Edition five-year fixed rate buy-to-let mortgage range offering a choice of interest rates and fees. Having launched a Special Edition limited range […]

Hello, We rent a house to a young family who have been tenants for 2 years. At the time we asked for a guarantor, which they were happy to provide by way of a family member. The tenants are now saying that they have had a fallout with the guarantor and would like them removed […]

Propertymark has called on the Department for Business, Energy and Industrial Strategy (BEIS) to widen access to cash support to anyone who needs it for improving energy efficiency in homes to include agents and landlords. The body also wants a streamlined application process that would make access easier. BEIS has consulted on the delivery of […]

In our view, the answer is YES, property investment companies can claim the 19% Corporation Tax ‘Small Profits Threshold’. This is a matter which has recently sparked significant debate among Chartered Accountants and Chartered Tax Advisers. Our view is explained by Property118 Tax Consultant Alex Norian ACCA, who is also the Managing Director of IWN […]

Paragon Bank has announced the launch of four 5-year fixed rate buy-to-let mortgages, featuring reduced rates and fees, alongside the re-pricing of its Standard Variable Rate (SVR). The specialist lender is replacing four of its 5-year fixed rate mortgages with new products that feature lower rates and fees and are offered with £350 cashback. The […]