Can someone please help me to clarify a valid date to end a tenancy in section 21? I have a standard AST tenancy which was created in 2013 for initial 12 months and then becomes a periodic tenancy. The tenancy starts on the 21st and ends on the 20th of next month. Two questions: (1) […]

Analysis from Key Later Life Finance ahead of the Platinum Jubilee shows house prices have increased 138 times in value during the Queen’s 70 years on the throne. Average house prices were £1,891 in 1952 at the start of her reign and are now £260,771, an increase of 138 times. While inflation naturally means that […]

Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reintroduced a seven-year fixed deal into its mortgage product range. The lender said it is offering 3.79% on a seven-year, fixed rate, standard buy-to-let mortgage at 65% LTV for properties with an A to C rated energy performance certificate (EPC), and 3.89% on standard […]

I own a 3 bed flat, in my name, not a Ltd company. When the current tenancy ends I am thinking of letting two rooms out to individuals and retaining the third as a study/bedsit for myself. I pay council tax on my own family house where I reside most of the time. Does this […]

TONIGHT you are invited to participate in a very special live online Master Class, which could be an absolute GAME CHANGER for you. Imagine if you could fund ALL of your property deals, how would that change your life? On this high-value online training at 8pm TONIGHT, you will discover the FIVE different Creative Finance […]

Despite having no clarity on how section 8 will be improved to help landlords gain possession from rogue tenants, Shelter is weaponising the cost of living crisis to try and force through a section 21 ban. Polly Neate, Chief Executive of Shelter, said: “It’s alarming that as the living cost crisis rages more landlords are kicking […]

I read on a government site just recently that if ‘right to rent’ checks are incorrect, the punishment can be up to 5 years in prison and unlimited fines!!! Surely this is over the top as it is hardly the crime of the century! Does anyone know if Right to Rent checks have to be […]

The Lettings Industry Council (TLIC), formed Theresa Wallace from Savills (UK) Ltd and Kate Faulkner, has released a report which makes recommendations based on the expected changes to be introduced in the Renter’s Reform Bill. The report, released today (25 May 2022), aims to help the Government understand what can work in practice and to […]

My wife and I were wondering if we moved into our HMO, by not taking in a new group of students and paying the HMO mortgage off with the sale of our residential property and using what was the HMO as our new main residence? We own the property personally (not a limited company) We […]

There is absolutely no doubt in my mind that additional regulation and taxes are having the opposite effect of what the Government is trying to achieve. Red tape, bureaucracy and tax are all proven methods to reduce investment. If the real objective of the Government is for every person to be able to live in […]

A very popular strategy with many property investors is the concept of Joint Ventures, particularly when you have run out of your own money. You find a great property deal and someone else (who maybe does not have the time, knowledge or inclination to find deals themself) puts in ALL of the required money. This […]

I had a very large and aggressive tenant who was in rent arrears. For the 11 years of his occupation, he was regularly behind with the top-up to his housing benefit and I would periodically have to ask for back payments. When he told me he couldn’t afford to pay for 6 months to pay […]

The NRLA are calling for new property passports to help landlords prove their homes are compliant and tenants identify decent and safe housing. Under plans devised by the National Residential Landlords Association (NRLA), such passports would certify that a property met all legal standards. It would list improvements made to properties and contain copies of […]

Have you noticed how hard it is to find great property deals in the current market? Generally, sellers expect to get paid top price for their property and are often getting it. Many investors are getting outbid by other people prepared to pay crazy prices. So what does this mean for you and your property […]

MP’s strike back against Buy To Let Landlords as they release a House Of Commons Commission Report about further regulation on the private rented sector. Joining me to cover this story on Property Breaking News is Andrew Roberts. Book Your Tickets For This Months Baker Street Event, The UK’s No 1 Property Networking Event, Last […]

We are a newly formed right to manage company and the remedial works to the block due to the dreadful works by the developer have been huge. We have to recommission the heating system due to the wrong pressure and this needs access to one of the top floor flats. It is currently unoccupied (most […]

Housing Minister Stuart Andrew announces that from Cornwall to Carlisle, the Garden Communities programme will deliver up to 16,000 homes per year from 2025 with £15 million of government funding, driving growth across England, breathing life into 43 towns and villages and putting green, wildlife-friendly spaces at the heart of new development. New funding will […]

The Latest Moneyfacts market research indicates that although there was a small month-on-month dip in the number of Buy-to-Let (BTL) products available to landlords, reduced by 61 to 3,374, compared to this time last year, there are over 1,000 more BTL products available now. However, prices are increasing with the average two-year fixed BTL rate […]

Believe it or not, the vast majority of the News articles you see on Property118, together with Readers Questions, Social Media Posts, Daily Newsletters, Weekly Roundup Newsletters and comment moderation are dealt with in between other tasks performed by just one person, Property118 Managing Director Neil Patterson. He can’t even switch off on the rare […]

The current economic situation has landlords across the UK making the decision to sell their whole property portfolios, or at the very least, downsize. With property market risks, rising interest rates, Section 24 legislations and refurb costs overtaking rent, it seems that the golden era of buy-to-lets is well and truly over. But with many […]

Most investors run out of their own funds at some point and understandably, they think that this means that they have to stop investing. They then have to wait a few years, until the value of their properties has gone up, at which point they can refinance to take out some equity and use it […]