Hello, Do I need consent to let from the Freeholder when I am planning to get a potential tenant on an AST? According to the Section X of the lease document: “To sublet the whole or any part of the Premises save that an underletting of the whole of the Premises with the prior written […]

Hello everyone, Based on the level of damage at the end of a tenancy, the tenant agreed to refund me £550 out of his £750 deposit, which was paid to me by the letting agency. Then the agency submitted a claim for the remaining £200 to DPS on my behalf. The arbitrator has now decided […]

Hello, Can anyone suggest where I can find a genuinely independent firm to oppose/fight disinterested insurers for a subsidence claim? There are dozens of biased loss adjusters etc who are paid well by insurers, and civil engineers are not really what’s needed to take on insurers. Any help or advice anyone? Thank you. Grahame

Hello everyone, My 4 bed Victorian terrace in Leicester, a big university city, has been rented to students for 7 years through an agency. Last year was a struggle to rent and there have been no viewings for the next academic year starting in September. How can I tell if my agent is slacking or […]

The soaring cost of energy is causing hardship for many families, and is only set to get worse. Landlords need to keep communicating with tenants – and ensure their rents are protected. Landlords face a “perfect storm” from potential rent defaults and rising mortgage interest rates this winter, as energy prices soar. Leading insurers say […]

Lettingsupermarket.com™ urgently requires stock having let 80 properties in the last 4 weeks.  We have huge tenant demand and a list of 1000+ tenants who have registered their interest in the last 4 weeks. Exclusive to new property118.com clients Lettingsupermarket.com™ is offering 3 months of free management on all properties let on the full management […]

The property investment strategies to focus on in a recession presented by Ranjan Bhattacharya at the Baker Street Property Meet. We’re in for the worst recession the UK has seen, so don’t waste your time and money on property strategies that won’t work in the near future. In this video, I outline the single greatest […]

Hello everyone, We’ve had a great tenant for over a decade – single mum with 2 boys. She has an IVA (Individual Voluntary Arrangement) but has never missed a rent payment and is no trouble at all. We are having to sell this property in Sussex and she simply cannot find a new rental. The […]

Hello everyone, I have had a housing benefit tenant, with the rent paid by Universal Credit, since April 2021 and the tenancy ends on 31 October 2022. The rent for April and May was paid on time by Southwark council but I was only notified by the tenant at the end of June 2022 that […]

Hello everyone, In these difficult economic times, firms are regularly going bust and creating financial problems for their employees, and the SE (self employed) are just as vulnerable. Would it not make sense to have guarantors for all tenants? Thank you, Grahame

The average buy-to-let mortgage rates for some typical two-year fixed rate deals favoured by landlords have doubled since the start of the year, it has been revealed. According to Property Master’s Mortgage Tracker, the average rate for a typical £160,000 BTL mortgage fixed for two years for a Loan to Value (LTV) of 60% had […]

Hello everyone, We had tenants for 4 years living in our 5 bed house next door. We got on very well and we were quite relaxed with them. Over time however, I came to realise that they were moving in more rodents in cages into bedrooms. I arranged for an agent to start to manage […]

Houses in Multiple Occupation (HMO) are moving up the value chain as tenants demand better amenities, research by Paragon Bank has revealed. A survey of HMO landlords found that tenants today expect en suite bathrooms, larger rooms, high-speed broadband and quality furnishings. An HMO is a property consisting of at least three people who are […]

The number of landlord possession actions in England for all court stages has increased compared to the same quarter of last year, the Ministry of Justice has revealed. In the latest data, they have compared April to June of this year, with the same period last year. The figures highlight: landlord possession actions; claims (18,201), […]

British investors are spending an average of £1.2 million to quickly bolster their property investments by buying full portfolios rather than single properties, research reveals. According to specialist property lending experts, Octane Capital, the North East is currently providing the best value for money. The firm says that some experienced property investors prefer to invest […]

The University of York and the University of Bristol are undertaking work on new digital risk profiling tools in housing. Digital automated products that undertake tenant referencing are part of a new digital landscape for landlords and agents that automate parts of the tenant selection and tenancy and property management processes. We are interested in […]

Rents and house prices will continue to rise across the UK even as demand drops because there is a severe lack of housing stock, research from RICS reveals. According to the RICS Residential Market Survey for July, there was a continued fall in house sales over the month. And while tenant demand is rising, there […]

Tenants will struggle to pay their rent and bills as growing numbers of them are already cutting their food budget because of the cost-of-living crisis. The warning comes from Sarah Coles, a senior personal finance analyst at the financial services firm Hargreaves Lansdown. Sarah points to data from the Office for National Statistics (ONS) on […]

Hello, We have a holiday let and as the cost of living climbs… are considering putting our 5-bed holiday house in Norfolk, that we live next-door to, on a short term let over the winter months. Our questions are: We understand anything more than 30 days risks losing our holiday let status with the council […]

Hello everyone, If you have fixed gas appliances in residential premises you let, the Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022, unintelligible as they are, will affect you from 1st October 2022. The government has published guidance for landlords and tenants which says all relevant landlords must: “Ensure a carbon monoxide alarm is equipped […]

The number of deposits being protected has increased across the UK, The Dispute Service (TDS) says. Steve Harriott, the chief executive at TDS, said: “This data shows the bounce back in the lettings market that happened from the spring of 2021 as we came out of lockdown. “However, towards the end of the financial year […]