There is increased media coverage of “no-fault evictions” with councils telling tenants to stay put and not move because there is nowhere for the tenants to go. This of course is against current case law, but rental supply has dropped so low that councils have little alternative. It’s always the landlord at fault in every […]

The DPS has reported average rents rose £66 from £804 to £870 (8.21%) between Q2 2021 and Q2 2022.  The organisation added that four of the largest recorded quarterly rent increases since 2007, including 1.74% in Q3 2021 and 1.96% in Q4 2021, took place during the same period, significantly contributing towards the UK’s rent […]

Hello fellow hard-working property providers, We have a holiday let (5 bed 2 bathrooms) next door to where we live. Currently on Airbnb and doing well. Purchased by us (not in a company structure). We’ve been offered the opportunity to have the (reputable) golf club across the road ‘manage it’ (still early talks but effectively […]

My tenant is still within the 12 months fixed term agreement and has told me he was buying elsewhere. Therefore, I now require him to enable an internal viewing of the flat by a potential buyer. The AST says he must permit this and I need to get a time for the buyer’s visit. Should […]

Hi all, I have a question related to starting a small property business. I own a 50% share of a house in the UK which is worth roughly £200,000. This house is currently being rented out and I receive 50% of the income per calendar month. I am hoping to purchase another house in the […]

The controversial Renters Reform Bill could destroy the student-let sector. The ban on fixed-term tenancies will mean landlords can no longer guarantee spaces to new students at the start of the next academic year. Richard Reed reports. Fixed-term lets have been the norm for university students for decades. They move out at the end of […]

Propertymark has analysed data from the latest English Housing Survey and is warning the market that 40% of the English PRS are likely to fall short of EPC rating targets currently proposed to come into force later this decade. The forecast by Propertymark is predicting, based on the number of PRS properties with an EPC […]

Has any leaseholder, coming to the end of their mortgage term, been able to re-mortgage with a B2 defective fire risk assessment applied to their building? Further, the landlord is still holding out ‘waiting’ for Government clarification as to who will pick up the bill on a building over 11m tall, but also over 30 […]

The Levelling Up, Housing and Communities select committee is launching a probe into the Renters Reform White Paper and is asking for evidence to answer a list of questions they consider unanswered. The closing date for submissions is 19 August 2022. Click here The select committee inquiry is seeking answers to the following questions: Will […]

It is so important at the moment to keep up to date with the Property Market. On Wednesday 3rd August at 6 pm, the property investors network will be running their Virtual August National pin Meeting. There are three amazing speakers, and you will get the chance to network in breakout rooms with investors from […]

There is a gulf between the amount that landlords are willing to pay to meet proposed new EPC requirements and what it is actually likely to cost. A survey of landlords carried out on behalf of Paragon Bank has found that 77% of landlords are willing to spend up to £3,000 to upgrade each property […]

Has anyone had experience dealing with Legal Cover? I was sold the add-on extra as ‘if you need to evict a tenant then we will sort everything for you’. In reality, the insurance has wriggled out of perusing my claim by evaluating that there isn’t a more than 51% chance of winning the eviction. The […]

We are a block of eight Leasehold apartments. The Freeholder has always chosen the Managing Agent, changing every three years. Each agent has been a big blue chip agent and each has delegated the management to junior staff. Each has failed to enforce the no sharing / short letting rule resulting in vandalised common parts […]

Hindsight can be a wonderful thing, can’t it? When you look back at a smart decision you made and see how well it’s worked out for you. But it can also be painful when you look back at a decision that you regret and hasn’t worked out well at all. Hindsight is even better when […]

Handelsbanken has conducted new research among a small but niche panel of 120 professional landlords managing a total of 829 properties in the UK on their outlook for the industry, the challenges they faced during the pandemic, the impact of new EPC legislation on their portfolio and their succession plans. Click here for the full […]

Looking through the thousands of posts on this forum, you quickly get the impression that landlords are wicked scoundrels and tenants complain about them constantly. It’s the same in my world of block management. Long leaseholders complain about high service charges, a lack of timely repairs, soaring insurance premiums and managing agents who charge but […]

Help, after being four months in arrears the mother LEFT her 13-year-old daughter with three nasty dogs in our two-bedroomed flat and moved in with her boyfriend. (the lease was 12 months and ran out a few months ago) We were reported to the council because the daughter “got a shock from the electric supply”,  […]

Andrew Bailey, Bank of England Governor, gave a speech yesterday at the Mansion House Financial and Professional Services Dinner. Although he did not and could not give an indication of what the Monetary Policy Committee’s decision would be for the next Bank Base Rate vote on the 4th of August, he was preparing the way […]

Some fixed savings rates have more than doubled in the last year, but inflation continues to outpace cash interest returns. Moneyfacts.co.uk reveals the top rate deals available for liquid funds if you have to park any deposits. The Consumer Price Index (CPI) rose to 9.4% during June, from 9.1% in May. Unsurprisingly, there is not […]

Yesterday the UK saw record high temperatures, but it’s not just the weather settings records. House prices rose 14% in the year to June. The highest rate since 2004. House prices rose month-to-month 1.8% in June. The steepest monthly increase since 2007. All amid a threat of recession, political turmoil, war, and a once-in-a-generation cost […]

With the Renters’ Reform white paper making residential buy-to-lets less attractive, is it time to look at snapping up a country cottage holiday let? It may be, but be careful, warns Richard Reed. We’ve all probably dreamed of owning a cosy country cottage in an idyllic part of the country, let out for chunks of […]