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 […]

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 […]

Hello everyone, We’ve had a great tenant for over a decade – single mum with 2 boys. She has an IVA (Individual Voluntary Arrangement) but has never missed a rent payment and is no trouble at all. We are having to sell this property in Sussex and she simply cannot find a new rental. The […]

Hello everyone, I have had a housing benefit tenant, with the rent paid by Universal Credit, since April 2021 and the tenancy ends on 31 October 2022. The rent for April and May was paid on time by Southwark council but I was only notified by the tenant at the end of June 2022 that […]

Hello everyone, In these difficult economic times, firms are regularly going bust and creating financial problems for their employees, and the SE (self employed) are just as vulnerable. Would it not make sense to have guarantors for all tenants? Thank you, Grahame

The average buy-to-let mortgage rates for some typical two-year fixed rate deals favoured by landlords have doubled since the start of the year, it has been revealed. According to Property Master’s Mortgage Tracker, the average rate for a typical £160,000 BTL mortgage fixed for two years for a Loan to Value (LTV) of 60% had […]

Hello everyone, We had tenants for 4 years living in our 5 bed house next door. We got on very well and we were quite relaxed with them. Over time however, I came to realise that they were moving in more rodents in cages into bedrooms. I arranged for an agent to start to manage […]

Houses in Multiple Occupation (HMO) are moving up the value chain as tenants demand better amenities, research by Paragon Bank has revealed. A survey of HMO landlords found that tenants today expect en suite bathrooms, larger rooms, high-speed broadband and quality furnishings. An HMO is a property consisting of at least three people who are […]