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Government responsible for rental affordability decline

24th March 2022

Research Rentd, has found that the earnings of the average tenant sit below the rental affordability threshold in five of the nation’s nine regions.   The research looked at the current average income of a tenant and how it compared to the average level of rental affordability based on the benchmark of two and half times […]

Evicted lodger now trying to sue me for £5000 at County Court?

24th March 2022

I recently started to rent out a room in my home. At first, the person seemed reasonable, but sadly I came home from work one night and found she was smoking cannabis at the entrance to my property. I share this main entrance with two other properties in my block. I spoke to her and […]

Spring Statement 2022 – Landlord Reactions

23rd March 2022

Chancellor Rishi Sunak has just presented his Spring Statement to Parliament, focussing on the cost of living crisis and its exacerbation by immediately falling into another crisis, supporting global economic sanctions against the war in Ukraine. The Chancellor’s policies to relieve the cost of global inflation to households included: The threshold for paying National Insurance […]

To all landlords who rent to sharers

23rd March 2022

As most Property118 readers will be aware, properties where there are three or more occupiers forming more than one ‘household’ will be classed as an HMO.  Making landlords liable for extra regulation. Properties, where there are five or more occupiers forming more than one household, will be subject to mandatory licensing. Other HMOs or indeed […]

Freeholder owns flats as freehold and not paying service charges?

23rd March 2022

Hello, there, I’m looking for some advice, please. I own a flat in a block of 160 flats where the Freeholder owned the management company that dealt with the service charge, after a battle for many years we eventually got the RTM. We found out that the Freeholder owns quite a few flats within the […]

Selective Licencing comes to Birmingham April 2023?

23rd March 2022

Here we go again…another Council rubbing their hands with glee looking forward to a windfall of £’M’s which will improve absolutely…. NOTHING, but just serve to increase rents further. Click here The fact that Shabrana Hussain, believes a private Landlord will be expected to ALSO address issues that are decreed in the licence ranging from […]

DWP address for repayment?

22nd March 2022

Hi, Does anyone have the Department for Work and Pensions (DWP) address for returning overpaid rental income? I have seen a phone number advertised, but I would much rather write to them and then be able to transfer the overpayments via bacs bank transfer to ensure my repayment goes through and have a clear record […]

CMA frees thousands more from doubling ground rents

21st March 2022

Fifteen businesses that had bought freeh­olds from housing developer Countryside have now given formal commitments, known as undertakings, to the Competition and Markets Authority (CMA) to remove terms that cause ground rents to double in price. These terms, which kick in every 10 or 15 years, mean people often struggle to sell or obtain a […]

Ministry of Housing, Communities & Local Government

Homes for Ukraine scheme: FAQs

21st March 2022

This has been a very widely commented on topic with Mick Roberts’s article, Can I really house the Ukrainian People? I want to, however….., so the latest government FAQs have been included below: Click here For sponsors: Anyone registering online on Homes for Ukraine will be kept updated. Our guidance will include information on the […]

Tenants damaged property and agent says it’s me that gets quotes?

21st March 2022

We have owned a particular 2-bedroom apartment for around 8 years. In September 2021 we took on some new tenants via our letting agent. A couple of months into the tenancy, we started to have some issues with mould. We found that the tenants were not ventilating the property, they had closed the window vents […]

Isn’t it the same for Private Landlords?

21st March 2022

Interesting article stating that social housing providers are having to divert money put aside for essential property maintenance to adhere to safety reforms: Click here Have they forgotten about private landlords here too? This is going to cripple the private sector without adding in the fear of heavy fines and prosecution (for which SHP’s seem […]

Charge rent whilst flat being reinstated?

21st March 2022

If a tenant leaves the property in a mess that requires cleaning and walls repainted, can you charge them rent whilst you get the flat ready for the next tenants? The flat was redecorated and professionally cleaned before tenants moved in, and they’ve only been in the flat 1 year – contract says return flat […]

Providing landlords with an exit solution to the looming portfolio “crisis”

21st March 2022

There’s no doubt that this year is shaping up to be a difficult one for landlords, with almost every news source reporting yet another issue for our buy-to-let portfolios, it’s hard to find the silver lining to continuing to own so many properties. It’s left many of us questioning: are the looming bills, regulations and […]

NRLA mourns loss of John Stewart

21st March 2022

The National Residential Landlords Association is sad to confirm that its Deputy Director for Policy and Research, John Stewart, passed away over the weekend after being diagnosed with cancer. Ben Beadle, Chief Executive of the NRLA said: “We are desperately sad to learn of John’s passing. “During his time at the NRLA, and prior to […]

Shadow White Paper for Wales

18th March 2022

Today, in its Shadow Wales White Paper, the National Residential Landlords Association (NRLA) sets the future direction necessary for a fairer, more inclusive PRS in Wales. The Shadow White Paper, entitled “The Future of Private Renting in Wales”, sets out the NRLA’s proposals including an analysis of why the introduction of rent controls would have […]

Wear and tear or?

17th March 2022

I have just had a tenant move out. My understanding is they should leave a place as they found it. Immaculate when she got it, but now it’s a dirty tip, belongings everywhere (which I can deal with no problem) looked like it hadn’t been hoovered or cleaned in over a year. I expect a […]

Will helping mean prosecution by Councils?

17th March 2022

Will helping Ukrainian refugees lead to thousands of homeowners and renters being prosecuted by councils for unlicensed HMOs (Like councils prosecuted those who housed the homeless during Covid)? Thousands of people appear to be being set up for prosecution by uncaring and revenue greedy councils on the back of the UK response to the humanitarian […]

Neighbour just handed me outrageous bill?

17th March 2022

I had a leak in one of my rental flats and the neighbouring flat had a bit of dampness on the wall. My builders came round and tidied up the leak and offered to repaint his side too for the little bit of discolouration. He didn’t say anything. It all went quiet, and now he’s […]

Red F1 help button on Keyboard

Lewisham Landlord Licence required?

17th March 2022

Hello everyone, Some licensing help if I may, I’m a little confused about Lewisham Council licencing. I let out a 3-bedroom split-level Victorian terrace maisonette conversion aka ‘a 3-bed flat’ to 3 unrelated professionals, and I’m trying to ascertain if I’m required to apply for an HMO licence or not. I’m finding the information on […]

Do I pay for boarding-up after police force entry?

17th March 2022

I’ve got a flat that was empty for a few weeks as the tenants went on holiday. A neighbour on the second floor hadn’t seen them for a while…and thought he could smell something from my flat. He contacted the agents who look after the block at about 10:30pm. Unwilling to wait for a response, […]

Bank of England emblem symbolising decision to hold the Base Rate at 5%

Bank Base Rate increased by a cautious quarter to 0.75%

17th March 2022

The Monetary Policy Committee (MPC) voted by a majority of 8-1 to increase Bank Rate by 0.25 percentage points, to 0.75%. Only one Dove this time preferred to maintain Bank Rate at 0.5%, but there were no Hawks looking to increase the rate by 0.5%. Considering the majority of inflationary pressure is coming from external […]