Lower EPC rating after improvements – Is there an official referee?

4th July 2022

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 […]

Supported Housing Crack Down

4th July 2022

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 […]

Agent increasing fees one week before new students move in?

4th July 2022

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, […]

Hand reaching toward a house-shaped safe representing secure rental deposits

Put it down to experience?

4th July 2022

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 […]

Service charges and repairs – Allowable expenses?

1st July 2022

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 […]

MORTGAGES – Interest Only or Capital Repayment?

30th June 2022

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 […]

Do landlords deserve to lose their Buy to Lets Mr Gove?

30th June 2022

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 […]

Monthly house price growth slows to 0.3% for June

30th June 2022

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 […]

elegraph logo used in rebuttal to article on landlord tax structures

Daily Telegraph needs assistance from Holiday Let landlords

30th June 2022

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 […]

Scottish eviction reforms need scrutiny

29th June 2022

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 […]

Confusion about HMO definition?

29th June 2022

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 […]

Holiday lets – The government chickens are coming home to roost

29th June 2022

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 […]

Government review into the effect of short-term holiday lets

29th June 2022

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 […]

Leaseholders now protected from unfair safety costs

28th June 2022

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 […]

A laptop showing stacked coins

Eviction without deposit PI served?

28th June 2022

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 […]

Can I increase rent while waiting for a S21 eviction?

28th June 2022

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 asking to move young brother in for a couple of months?

28th June 2022

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 […]

EMERGENCY Recession Webinar

27th June 2022

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. […]

Demand presures on the PRS are not easing and still pushing up rents

27th June 2022

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 […]

Rectify or replace 1980s loft conversion?

27th June 2022

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 […]

Getting the property back out of my estate?

27th June 2022

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 […]