Hi All, I will soon become a property owner and I wanted to rent out two rooms to help with the mortgage and bills. I live in Croydon (where full planning permission is required for any kind of HMO) I must be careful to not hit the threshold for an HMO. By looking at the […]

Responding to the publication today of the Government’s review on short-term holiday lets, Ben Beadle, Chief Executive of the National Residential Landlords Association, said: “The growth in holiday lets is a direct consequence of the Government’s attack on long-term rented housing. “Tax policies actively discourage long-term investment in the private rented sector by landlords. With […]

A government review into the effect of short-term holiday lets will seek to improve the holiday letting market for those living in popular tourism destinations. The scheme, proposed in a new government review looking at the impact of increases in short-term and holiday lets in England, could involve physical checks of premises to ensure regulations […]

Many leaseholders will for the first time be legally protected from unfair bills to make their homes safe as measures in the Building Safety Act 2022 come into force on 28 June 2022. Those responsible for historical safety defects, and those who own buildings, will instead be required to fund essential repairs. 45 of the […]

Hi All, My tenant’s deposit funds were secured correctly at the start of the tenancy. However, the explanatory prescribed information leaflets about reclaim of cash etc. has NOT been served upon the tenant. My question is: Will the eviction get blocked because of this paperwork oversight? If so for how long and is there an […]

We are using Section 21 to evict a tenant because the freeholder is legitimately complaining about overcrowding and noise (birth of two children in a one-bedroomed flat post moving in). However, the rent has always been paid, albeit at a lower than the market level. The tenant wants to be rehoused by the Council but […]

Tenant just contacted me to say his younger brother is moving in for ‘a couple of months’ as his parents (whom he lives with) are being evicted and my tenant wants to give him some stability while the parents are in temp accommodation. How do I approach this? While I understand the position, this is […]

The news is currently full of talk about recession. In fact, it feels like we are talking ourselves into a recession. If we do go into a recession, what will this mean for you and your property investing? This is VERY important for you because the next 24 months could literally be make or break. […]

The latest Propertymark PRS report indicates properties available per branch are remaining static at 10, but demand from tenants is continuing to increase. In May there was an average of 113 new applicants registered per member branch. 79% of agents reported a rise in rental prices and the average void period between tenancies has dropped […]

Hi Everyone, I bought a dormer bungalow and an indemnity policy for a rear loft conversion (large single, box room & shower room) that received planning permission in 1981 but for which there is no Building Regulations Approval. The full survey detailed a slight slope in the floor of the corner bedroom of the loft […]

In 2009 my son-in-law got into financial difficulty and I repaid all debts and the mortgage on their property and took ownership of their home allowing them to remain in the property rent-free. At the time I paid 209k for this property. I now wish to get the property out of my estate and gift […]

Hi Everyone, I’ve just read in ‘The Daily Mail and The Telegraph’, that Gove (in all his wisdom!), is now proposing banning Landlords from using short-term holiday let web portals such as Airbnb. He is also considering implementing the minimum term for holiday lets to be 90 days or over! The Daily Mail “The amendment […]

With inflation at a 40-year high, interest rates are at a 13-year high with more increases predicted, and higher tax bills it’s getting tougher for landlords with mortgages to make an annual profit on their rental income. For many landlords, this leaves them in an asset-rich, cash flow poor situation when running and repair costs […]

Backed by £150 million of government funding, Help to Build will enable people to overcome prohibitive mortgage costs to build a home that is tailored to their needs and in a community of their choice, with just a 5% deposit towards land and building costs. Help to Build will open for applications on Monday, making […]

Over the past few weeks, I’ve been working on a petition to get RoPA actually implemented. After a bit of effort, it’s now live and ready for you to sign. It says … “Regulation of Property Agents has been requested by industry bodies for many years – and a Government working party investigated and reported […]

Hi Everyone, Has anyone received any information/feedback regarding what mortgage and Rental Guarantee Insurance (RGI) companies’ thoughts are with regards to the proposed new legislation, The Renters’ Reform Bill? I expect RGI insurance premiums will skyrocket and will certainly not cover ‘benefit tenants’ (as it currently does not). I also foresee mortgagees starting to leave […]

Hi everyone, I sent out a Section 8 notice (ground 1) on Monday 20th June using a tracked courier that does not require a signature on delivery. I was hoping it would have arrived yesterday or today. Unfortunately, it hasn’t arrived yet and will most likely arrive tomorrow, 23rd June. In the notice, I wrote […]

Along with my own portfolio, I look after a single property owned by my elderly mother. It is the last one of my late father’s portfolio, the others having been sold some years ago as they became vacant. This one, the tenant has been in for 25+ years on an AST. Occasional rent increases have […]

The Bank of England is giving you 100 days to use all your old paper Nifty Fifty £50 and £20 notes stashed away. Not that they will probably buy you a coffee at this rate of inflation by next year. After the 30th of September 2022 paper £20 and £50 banknotes will no longer be […]

The Homes for Ukraine scheme will allow children and minors under the age of 18 who have already applied through the Homes for Ukraine Scheme to come to the UK without a parent or guardian. After working closely with the Ukraine government, the changes will enable a child to apply for a visa if they […]

The long-awaited Government White Paper, ‘A Fairer Private Rented Sector’, has finally been released which, amongst other significant changes to the sector, confirms the abolition of Section 21 and starts to map out the future of evictions. Moving forward, landlords will always need to provide a reason for ending a tenancy, such as wishing to […]