I have had an offer accepted on a semi detached house. It was offers over £260,000. I had an offer accepted for £261,000. It was last sold in 2015 for £255,000 with the current extension, and from the old photos appeared in a lot better condition. The house size is decent, 4 bed, kitchen opens […]

Propertymark is urging agents to familiarise themselves with updated guidance, so they don’t fall foul of anti-money laundering rules. The move will see agents carrying out customer due diligence on their landlord clients – and tenants. Following HM Treasury approval, the updated guidance will help property agents comply with the Money Laundering Regulations 2017 and […]

Households living in rental properties across the North of England face the biggest financial headache from soaring fuel price rises, according to a new study into the energy efficiency of landlord-owned properties. Property data and insight platform, Homesearch analysed rental properties across the UK, to uncover which areas have the best and worst Energy Performance […]

Hi, I installed a brand new ceramic hob before my tenant moved in, even provided liquid hob cleaner, along with a note asking them to use flat pans only along with user manuals. The tenant has just moved out and the hob is scratched, ie deep groves. What to do? The hob cost £250 + […]

The government has revealed that its property portal will be publicly available for everyone to help drive criminal landlords and agents from the private rental sector. The response is part of the consultation to reforming its rogue landlord database with news that the recently announced property portal will ensure that local councils, landlords and tenants […]

Hi, I made a claim after my tenants ruined the property, stole the bathroom, kitchen, radiators. The place has been empty since March so large loss of rent. The insurers would only pay for the boiler to be replaced as this had been hit with a hammer many times. The rest, they say, was the […]

Fast-rising rent across the country is seeing a trend for tenants to move into smaller properties to reduce their bills – as rents rocket by 12%. That’s according to the latest report from Zoopla which highlights there has been a jump in demand for one and 2-bed flats as renters feel the cost-of-living squeeze. They […]

A major survey has revealed that the government’s rental reform White Paper is causing growing concern for landlords and letting agents. Published by Goodlord and Vouch, the survey saw thousands of industry stakeholders take part in largest ever state of the industry research. This is the fifth report, and it collects the opinions of more […]

Hello all, Looking for some advice and guidance please. I own the leaseholds of two maisonettes (1 up, 1 down) on one end of a block totaling six. There are two other blocks of the same together with some terraced houses that make up the estate. The estate is ex-council now owned & run by a […]

Hi, Can anyone give me a sample screen shot how to fill in and complete the N325 form? I am more concerned about In the Section : “I certify” box on the right-hand side, delete the wording in brackets in paragraph 1 and delete the whole of paragraph 2. How do I do that online? […]

Hi, When my tenants moved into my one bedroom flat there were just two of them, husband and wife. Now there are four because they have had two babies. The flat is far too small for four. They are good tenants, and pay on time, but I’m worried that the council will find out and […]

The newly published Decent Homes Standard is yet another example of lawmakers laying down rules without any understanding of the rental market – but the new prime minister has promised a sea change. New prime minister Liz Truss says she feels landlords have been treated unfairly by previous governments and wants to create a less […]

When Property Investors incorporate their Buy To Let Property Portfolio, there can be unintended consequences if not done correctly. To avoid these consequences, stay tuned to this final part of our incorporation mini-series with Alex Norian, the property tax specialist, from Property118. This is part 4 of our 4 part mini-series on Incorporation. The Property […]

Hi, We are in the process of remortgaging a block of 9 flats and have had a mortgage offer. But prior to completion, the bank are insisting that we write an amendment to the existing tenants that if I don’t pay the mortgage they will vacate the flat if instructed by the bank. Is this […]

The rent freeze that was announced last week for private landlords in Scotland has been criticised by one leading letting agent who says that the plan is already ‘unravelling’. The agent made his call after Patrick Harvie, a Green minister, told the Daily Record that the move was temporary, but he also hinted that the […]

Landlord Action is issuing a reminder to landlords on the importance of carrying out annual gas safety checks – and a request to tenants to ensure they grant the necessary access to landlords to facilitate this.  They point to a recent survey that reveals nearly half of landlords have, at some point, been denied access […]

Hi, I’d like to move house but retain my existing property, rented to multiple single occupants using AirBnB for periods of minimum 5 days to maximum 3 months. The majority of visitors will be international visitors for Mon PhDs (I know this as I have been using the rent a room scheme for two years […]

Hi, I have a mortgage coming off its fixed rate at the end of October and it’s not possible to switch rates until six weeks before. With mortgage interest rates currently raising by the minute, my profit margins are disappearing and I’m tempted to sell up – although the flat has been absolutely brilliant with […]

Landlords are being urged to check that their gas appliances are safe by understanding the law. The call comes from Propertymark who are supporting Gas Safety Week which is now in its 12th year. The event will see organisations across various industries come together for one common goal – to help keep the nation gas […]

Homebuyer enquiries fell in August at the steepest rate since the early stages of the pandemic as the cost-of-living crisis impacted house market conditions, a survey reveals. The Royal Institute of Chartered Surveyors (RICS) Residential Market Survey also reveals that there has been a 50% increase in members seeing a rise in tenant demand over […]

The National Residential Landlords’ Association (NRLA) has hit back at Conservative MP Natalie Elphicke who has been calling for a rent freeze on private rental homes. Writing on the Conservative Home website, Ms Elphicke said that the rising cost of living has seen many households struggling and they are making hard financial choices. She says […]