Post resignations and the revenge sacking of Michael Gove, Boris Johnson has installed his new caretaker governments’ appointments of what must be assumed as temporary Ministers until a new PM is announced in early Autumn. Greg Clark was appointed Secretary of State for Levelling Up, Housing and Communities. He was previously Secretary of State for […]

The Halifax House Price Index jumped by 1.8% in June with annual inflation at a record 13% the highest since 2004. The average house price now stands at £294,845. Northern Ireland continues to display the highest annual inflation in the UK at 15.2%. Russell Galley, Managing Director, Halifax, said: “The UK housing market defied any […]

LettingSupermarket is proud to introduce an exclusive off-market and off-plan opportunity of 8 new-build apartments by award-winning property developer, Landmark Living. Set within the leafy suburb of one of Greater Manchester’s most sought-after locations, Heald Green, this exclusive opportunity is only available to LettingSupermarket clients for a limited period of time until Friday 29th July […]

Instead of resigning along with 50 plus and counting other ministers, Gove was actually sacked as Secretary of State for the Department for Levelling Up, Housing & Communities. The big question for landlords is where does this leave the progress of the Renters Reform White Paper? >> https://www.property118.com/renters-reform-white-paper-full-details-published/ It has been released this morning that […]

New research reveals the UK cities with the most student housing investments made by private landlords.  Student housing tends to offer greater yields due to the cheaper purchase prices and higher rent prices. This means that student housing can still be a good investment even if the property market dips more generally. The study by […]

The income from our five rental properties currently comes to me, as my husband was a higher rate taxpayer, but I would now like to share the rental income with him. I left work last year and then a month later, my husband was made redundant. He decided not to get another job and to […]

We have a vacant flat with a very low EPC (G!), in which we want to install high heat retention storage heaters. Good idea? No, not when British Gas is only making emergency engineer appointments and cannot give me a date for the installation of an Off-Peak Meter. Has anyone else had this problem and […]

Propertymark has conducted a joint online survey with the NRLA, LandlordZone and pets charity AdvoCATS indicating how common pet damage is and how difficult the costs are to recover in the PRS. Click here Out of 537 respondents (this would be skewed due to the nature of the survey) 85.3% of landlords had incurred damage […]

Hi, I’m looking for advice as one of my tenants has today messaged saying they have fallen down the stairs in my rented property. They haven’t advised how/what caused them to fall down, but here is their message “I need to let you know, I went head 1st down the stairs at half 12 last […]

Does anyone have good or bad experiences with induction hobs in HMOs? We are about to refurbish some communal kitchenss in HMOs occupied by working people (not students), and weighing up whether to replace the existing gas hobs with induction hobs. We hope they would be easier to clean and maintain, one less item on […]

What is the right amount of debt for a property investor? Too little debt can be as costly as too much on your property portfolio, so maintaining your debt correctly is vital to your property business. In this episode of The Property Tax Show, I’m joined once again by Alex Norian, the tax specialist, from […]

I have an EPC from 2009 which rated my house as a D67 this noted that there was ‘partial double glazing ‘ and recommended that full double glazing be fitted, which would boost the rating to a C76. This was duly done. This report also confirmed that FULL Cavity wall insulation WAS in place I […]

Unscrupulous Supported housing providers who exploit vulnerable residents by charging high rents for poor-quality accommodation and offering almost no help will be driven out of the supported housing market by a new £20 million government improvement programme launched on 2 July 2022. Supported housing provides accommodation alongside care, support, or supervision, helping vulnerable people across […]

I rent a property as a student let. However, one week before new students were due to move in the agency looking after this property notified me of an increase in the fees they charge. If I end the agreement then normally there are penalties. Their letter stated that I have 30 days to cancel, […]

A friend of mine, also a landlord, used a letting agency to find a tenant. She assumed the letting agency would also protect the deposit. When the tenant came to leave, she found that the deposit had not been protected. She immediately refunded one month’s rent£2500. Next, she received a solicitor’s letter asking for another […]

My daughter is living, rent-free, in my last remaining BTL, a leasehold flat. Decided that with all the additional legislation coming to get out of the PRS. In 2021-22 I did not rent out the 2nd bedroom due to worries re Covid and having eventually managed to remove my daughter’s flatmate from hell. I am […]

My personal view is that an interest only mortgage is far better than a capital repayment mortgage, here’s why … Back in 1971 my parents borrowed three times their joint income to buy a house that cost them £3,000. Yes you read that right, THREE THOUSAND POUNDS, and that bought them a three-bed house in […]

The moment we’ve been anticipating has arrived; two weeks since Gove released his White Paper for a “fairer private rented sector,” Landlords are taking stock of how best to deal with the upcoming changes they now need to make to their buy-to-let portfolios in a bid to meet the criteria of a “levelled up” housing […]

The latest Nationwide House price index for June is reporting a slowing inflationery market with month-on-month property prices up 0.3% in June – down from 0.9% in May. However, Annual inflation is still in double digits at 10.7% with the average house price now standing at £271,613. Robert Gardner, Nationwide’s Chief Economist, said: “UK annual […]

I wondered if you might please be able to post the below request on the Property118 forum for a piece I am writing on holiday lets? Hello, my name is Rachel Mortimer and I’m a property reporter at the Daily Telegraph. I am looking to speak with people invested in a holiday let in the UK and […]

The Scottish Government is aiming to sign into law Part 4 of the Coronavirus Bill (Recovery and Reform) (Scotland). The legislation would permanently make all grounds for eviction discretionary, meaning a tribunal would not have to automatically remove a tenant in cases of anti-social behaviour, rent arrears or a landlord needing to move into or […]