The UK’s average house price increased by 7.8% in the year to June 2022, the latest data from the Office for National Statistics (ONS) reveals. And the ONS has also announced that the rate of annual inflation to July has hit double digits – and is now at a 40-year high. The House Price Index […]

The PRS needs landlords’ views to be heard. Your responses will help identify areas of most concern in the Renters’ Reform Bill and White Paper providing evidence pinpointing the consequences of these reforms if passed unchecked. Click here Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “The Government’s planned reforms to the […]

New figures obtained from a Freedom of Information request show a 300% increase in the number of homeowners signing up to a property alert scheme to protect against fraudulent property transactions – and landlords are at particular risk. The data comes from Thirdfort, a risk management platform, which found that 135,624 property owners registered for […]

Social housing tenants will be able to get training and support to speak up and complain about issues with their landlord, the government has announced.  A £500,000 grant to provide training, boost confidence and offer toolkits for residents on a range of social housing issues has now opened for bids. The Resident Opportunities and Empowerment […]

Hello everyone, How do landlords with long term tenants achieve the best rents when they let to tenants receiving Universal Credit? I generally keep my rents low for existing tenants. If they are paying the rent and looking after the property I’m happy and for peace of mind I’m happy to reward them for my […]

New research has found that just over one in five (21%) of adults in the UK are ‘seriously concerned’ about becoming homeless within the next six months. The survey of 2,674 renters over the age of 18 was carried out by the personal finance experts at myfavouritevouchercodes.co.uk amid the ongoing cost-of-living crisis. The firm says […]

Hello everyone, I have a 3 bedroom flat, that was rented to 3 sharers (friends on 1 AST) for over 10 years. It has 2 doubles and a large single. The new rules meant that I either had to rent it out as a 2 bedroom flat, or register it as an HMO. The rules […]

UK rental guarantor service Housing Hand has warned that A level results day is likely to trigger a tsunami of students struggling to find accommodation for their university places. The warning comes in light of unparalleled demand for university accommodation, with real estate firm Cushman & Wakefield reporting that a record 2.18 million full-time students […]

Hello everyone, I am being told, I think, some unusual things about the need for guarantors by a large national agency. First of all they said there was no need for a guarantor if the tenant met the 2.5 times criteria and refs and the credit history were ok. The let currently being arranged means […]

Hello everyone, We have a rented property which we have rented to the same tenant since 2003, a verbal tenancy of 6 months minimum then periodic. The council sent us a demand in December last year for 18 years worth of council tax including uplift for an empty property, a bill of £33,000, even though […]

The Welsh Shadow Minister for Housing, Janet Finch-Saunders, has backed the NRLA’s calls to improve Rent Smart Wales (RSW) for landlords and tenants. The MS for Aberconwy agrees with the NRLA that Rent Smart Wales should: Publish annual performance statistics that help give a clearer picture of how it is performing and inform policy-making more […]

Incorporation of your Buy To Let Properties has its obstacles. In this video, Alex Norian from Property118 and I will tell you the 4 obstacles Buy To Let Landlords face when they incorporate and how to tackle them. Please click on the video below:

Ben Beadle of the NRLA has managed to have a much-needed article in support of the PRS published in the Telegraph on Monday 8th August. https://www.telegraph.co.uk/property/buy-to-let/next-prime-minister-needs-undo-damage-unleashed-landlords/ I don`t know how he managed it but with any luck, there may be follow-ons. Entitled “The next prime minister needs to undo the damage unleashed on landlords” it […]

Hello everyone, How do I identify the freehold owner of a 999-year leasehold, 2 bed terraced property? I would like to buy the freehold. Also, is it possible to get a ground rent of £1.60 per year to be removed from a leasehold property if it is not being collected? Thank you. Sailus

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 […]