From today (Monday 20th June) Simon Zutshi is running his annual 5-day Property Magic Challenge. This is your opportunity to get a whole day of property training, at no cost, spread over 5 days, so that it can fit into your schedule. You will achieve more in one week than most investors achieve in a […]

Recession is looming around the corner. It’s an unavoidable topic, and smart landlords are reacting fast. A report by Propertymark found a massive spike in landlords getting out of the rental industry and that 53% of buy-to-let properties sold in March 2022 left the private rented sector (PRS) completely. Landlord Sales Agency, a company which […]

The cost of living crisis in the UK is raging. We have rampant inflation, rising interest rates, an impending recession & uncertainty over property prices! In this video, I’m going to lay out the strategy for property investors to hedge against this uncertainty and come out prosperous.

Hi all, I read on this site that some landlords use Process Servers. Can someone please explain how that works? I have two large outstanding debts from previous tenants who have long since been re-housed and according to their internet profiles they are both enjoying the life of riley one way or another. One is […]

I understand this scheme is still running as the details of the ECO4 have not come out yet. Does anyone know of an installer in the TQ Devon area I could contact, please? I am having difficulty securing one to survey some of my properties. DSR From ofgem >> Click here The Energy Company Obligation […]

Calculating the extra amount of interest you will pay as a result of the recent 0.25% interest rate rise isn’t exactly rocket science for some people. However, if numbers isn’t your thing and/or you would like to understand how the Bank of England decision will affect your cashflow and your tax position I’ve designed a […]

The Bank of England’s Monetary Policy Committee (MPC) voted by a majority of 6-3 to increase Bank Rate by 0.25% to 1.25%. Three dissenters voting on the MPC all wanted to raise the rate by 0.5%. The Bank expect growth to slow sharply in the near term and CPI inflation to average slightly over 10% […]

Shelter has responded to the Renters Reform Bill White Paper with Polly Neate, Chief Executive, saying: “The Renters’ Reform Bill is a gamechanger for England’s 11 million private renters. Scrapping unfair evictions will level the playing field. For the first time in a long time, tenants will be able to stand up to bad behaviour […]

The fairer private rented sector white paper has been published today (16 June 2022). Click Here Section 21 evictions will be outlawed. The Government’s claim is that more than a fifth of private renters who moved in 2019 and 2020 did not end their tenancy by choice, including 8% who were asked to leave by […]

Dear 118 members, I’m looking for some feedback/advice on selling a small property portfolio and would like to know how members have found the process. We have 6 flats, 1 house and a shop as well as the freeholds, all are tenanted with long-term tenants my first key question is does vacant possession make them […]

Responding to the publication today of the Government’s White Paper on reform of the private rented sector, Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “Whilst headline commitments to strengthening possession grounds, speedier court processes and mediation are helpful, the detail to follow must retain the confidence of responsible landlords, as well […]

iHowz recently published their paper outlining proposals on the PRS in response to the Queen’s speech. With Michael Gove due to make an announcement on the government’s white paper, we wanted to highlight our proposals Summary of Recommendations: 1. A national standard should be agreed for all residential rental properties. a. Proof of that would […]

Kemi Badenoch, Minister for Equalities and Levelling Up Communities, has released a consultation for regulations to make it a duty for landlords to respond to requests from disabled tenants wishing to make communal spaces outside their rental properties more accessible. Click here to respond We want to see disabled people of all ages and abilities […]

I understand that should we be unable to achieve an EPC rated at C on a rental property and I’m thinking of one property in particular where the last EPC was done in 2018 when it was given an E. We must be able to evidence that we have spent £10K trying to do so […]

The proposed new Energy Performance Certificate (EPC) regulations will mean that from 2025, landlords cannot rent their property on a new tenancy without an EPC rating of C or above. It is proposed that the penalty for not having a valid EPC, will be increased from £5,000 to £30,000. In order to achieve this, many […]

The Bank of England has published their assessment that out of the 8 major Banks in the UK sector there are none that are “too big to fail” and would need government support if they got into trouble again. If a major UK bank failed today it could do so safely, remaining open and continuing […]

Since the crash and subsequent restructuring of the BTL market, our business borrowing has gone from a business loan to a lot of “personal” loans that now appear on our credit searches. I imagine this is the same for all landlords unless you own your properties outright. Suddenly our creditworthiness has hit rock bottom, despite […]

Hi everyone, I was just thinking as a property investor renting out properties about being faced with the high costs of upgrading to meet minimum future energy efficiency standards (EPC). We are being led to understand we will need to carry out improvements by a certain date. However, in order to finance these costs I […]

How frequently do people on Property118 inspect their properties? I usually do it six months into a new tenancy and if all looks well then once a year. I am very careful with tenant selection. A niece of mine rents a flat (three years in possession) and her landlord’s agent insists on quarterly inspections. Nothing […]

We are extremely proud to introduce new functionality and a new look and feel to Property118 Member Profiles. One of the first things you might notice is that it’s now much easier to log in using Social Media. Also, you can now add a Bio to your Property118 Member Profile to tell other Members a […]

The latest figures from mydeposits show that while tenancy deposit disputes did see a year-on-year decline in volume during 2021, there was still an estimated £27 million worth of deposits held in rental disputes between landlords and tenants. At an average of £1,005 per tenancy, the cost of a deposit has fallen by 1.2% year-on-year. […]