The government has unveiled a consultation to impose a rent cap on social housing next year – at below the rate of inflation. The move is aimed at helping tenants with the cost-of-living crisis. However, with PRS rents rising quickly and tenants’ budgets coming under strain, many landlords will be asking if the private rental […]

Hello everyone, I have just renewed my HMO licence with no conditions. However, the council still demands trivial and unnecessary work which the Inspector ‘discovered’ during his visit, ie removing door draught strips so smoke would set off alarms, replacing airing cupboard door with fireproof one and upgrading fire alarm system……..£2,000+! They have given me […]

Hello everyone, If I were a criminal I would run a protection racket as a source of funds. It produces a steady income stream with little risk of being caught and requires less actual violence than, for example, robbery or drug dealing. Local businesses would agree to pay my ‘insurance premium’ and in return I […]

Hello everyone, I understand that a S21 is invalid if a gas cert is not in date and/or has not been issued to the tenant, but is this the only qualification? What if the gas check has been undertaken and cert issued to the tenant, but the check failed/requires work? A certificate has still been […]

Hi, I have completed a statutory declaration to retrieve a deposit from the DPS. It has to be signed by a solicitor/commissioner of oaths/magistrate. Does anyone know approx how much a solicitor will charge for this? Thank you. Annie

Hello everyone, Does raising the rent either just before or just after issuing a Section 21 notice have any bearing on it? I am about to issue one, and wondered what the effect will be. It has also occurred to me that raising the rent to a rather high level may actually persuade the tenant […]

Institutional and individual investors are moving away from buy to let and into multi-use buildings and because of the punitive tax regime against landlords, according to one firm of estate agents.  That’s the verdict of Winkworth who say that investors are rejecting the buy-to-let residential model. The firm’s head of development and commercial investment, Adam […]

The Association of Independent Inventory Clerks (AIIC) says that the number of deposit disputes can be reduced through better knowledge of what counts as ‘fair wear and tear’. They say that landlords who cannot distinguish between fair wear and tear and damage are likely to raise disputes over negligible wear. But with appropriate knowledge, the […]

Propertymark has revealed that it has warned the Levelling Up, Housing and Communities Committee that England’s private rental sector (PRS) will shrink further if current plans for reform are carried out. The organisation has submitted written evidence to the committee because it has opened an inquiry into the UK Government’s plans to reform the PRS. […]

There is a ‘worrying lack of succession planning’ among older landlords, with half of those aged 45 or above lacking any long-term management plans, a survey reveals. The research also reveals that most professional landlords in the UK with large portfolios (52%) have no succession plan in place, risking the future sustainability of their business […]

The Deposit Protection Service (The DPS) has issued guidance on student property check-ins in anticipation of significant demand for rental properties this autumn. The UK’s largest protector of deposits said that 425,830 students are due to start degree courses this month – that’s the second highest number of university admissions on record. The organisation also […]

What are peoples’ thoughts re a landlord’s requirement to provide heating in an all-electric leasehold flat, please, and what can be used should there be power cuts? There is no open fireplace. For emergency hot drinks, cooking and hot water for washing: will a single burner camping gas canister style unit on the kitchen work […]

My wife and I only found Property118 a few months ago and we’ve since become huge fans. We have read dozens of your articles, mainly about the economic prospects for the rental property market, mortgages, strategies and tax. Approximately half of our properties are on good fixed rates and the rest are on tracker mortgages […]

Campaign group Generation Rent is calling for the government to impose a rent freeze to fight the cost-of-living crisis. They have carried out a survey which shows that nearly half of private renters have faced a rent increase in the last year. And these rent increases are squeezing tenants’ finances even further as the energy […]

Growing demand for somewhere to rent in London, and a lack of supply, are pushing up rent prices, one estate agent has revealed. Research from Foxtons shows that rents in the capital have rocketed by 23% in the past 12 months – which is down to growing pressure from tenants chasing fewer homes as landlords […]

I am still uncertain whether a guarantor can be held liable for various debts throughout a periodic tenancy. Referencing a previous posting one member said “The key point is stating they`re responsible for the life of the tenancy whether that be fixed term or periodic.” Even with such specific wording can a guarantor still LEGALLY […]

How do my tenants get the £400 energy rebate when they pay their gas bills as part of their rent? I have a house in 4 studio units, the water and gas are included in the rent payment while electricity is paid for with a £1 coin meter in each unit which I collect and […]

Escalating energy bills has seen a collapse in the number of landlords offering a tenancy that has the ‘bills included’. That’s according to new research from lettings tech specialists Vouch who say that there has been a steady decline this year in the number of properties offering fixed costs for rent plus bills. Vouch processes […]

Simon Zutshi, founder of the property investors network, hasn’t exactly been quiet lately about what he thinks is the buying opportunity of the decade. It’s a new opportunity, a direct consequence of the current (crazy) market conditions. Specifically, there’s a moment RIGHT NOW to take advantage of the huge trend of landlords leaving the property […]

What are the benefits of Property Investment through a limited company? In this video, Alex Norian from Property118 and I will show you the benefits Buy to Let Landlords gain when they incorporate. This is part 3 of our 4 part mini-series on Incorporation.

Hello everyone, I am a leaseholder in a small block of 6 flats that is self-managed through a limited company in which each leaseholder has an equal share (the Management Company). The flats were created in 1989 by converting a 5-storey Victorian house. The leases for each flat, drawn up in 1989, specify a fixed […]