Underwriter is Allianz. Previous annual increases, with no changes to the portfolio, have been 7.6%, 7.5, 4.6, 4.5. This time its 17.7%. The broker is discussing it with the insurer and I am looking at going elsewhere of course. I wondered whether there has been a general increase in LL insurance premiums, because I can’t […]

I have a two bedroomed flat and allowed two individuals to live in it. One in a bedroom and the other turned the lounge into a bedroom/bedsit situation. So that left one spare bedroom. One tenant sub-let the other bedroom without me knowing so three people were now living in the flat. When I found […]

I have several properties although only one is managed by an agency. The existing tenant has requested to renew their tenancy for a further 12 months, no problem with that. The agency has informed me that they have now signed, but when I requested a copy of the new tenancy agreement for my own records, […]

Housing Secretary Robert Jenrick has announced new homes delivered through Permitted Development Rights will have to meet space standards. Permitted development homes make an important contribution to delivering the housing the country needs by making effective use of existing buildings, allowing them to be changed into homes without the need to go through a full […]

All Landlords, please SIGN this petition and share with as many landlords as possible. Click Here You can’t go into a supermarket and steal your weeks’ groceries. There are laws in place to protect shopkeepers large and small. Not paying rent is also theft with the Landlord being the victim. In Australia, tenants can be […]

The Government has just released a new consultation proposing to amend the energy efficiency regulations for the PRS in England and Whales and raise the minimum EPC rating for rented property to band C. To download the consultation document click here The consultation proposal would also allow Councils to impose a fine on landlords of […]

Tonight at 10pm Channel 5 on  Nightmare Tenants, Slum Landlords we have 3 stories. Out of the shadows of our overstretched housing market a new breed of dodgy letting agents has emerged who target small landlords and tenants alike. Dealing with these cases on behalf of landlords has become a part of my job. Like […]

Hi All I would like some advice on what would be the most appropriate, rental agreement for residence living in a HMO property, where they have there own private room and have shared access to lounge kitchen and bathroom. Would it be best to use an AST or a licence agreement or any alternative agreement? […]

The National Landlord Investment Online Super Shows are off to a flying start. As a host of live events, 2020 has presented us with exceptional challenges. Our response is to lead the market by delivering the first ever online show dedicated solely to the UK buy-to-let market. The LIS team have been flat out working […]

New research from Coulters Property looks at Band D council tax prices around the UK to reveal the UK’s highest paying council tax areas. Click here It shows just how much it varies across the country with some homeowners at the top end paying £1,300 more than those at the bottom. The Top 10 Areas […]

The Nationwide House Price Index has now been released for September indicating annual price growth accelerating to 5.0% in September, the highest rate since 2016 Prices rose 0.9% month-on-month, after taking account of seasonal factors and most regions saw a pickup in house price growth rates in Quarter 3 this year. The average house price […]

MHCLG has now released the ONS figures (seasonally adjusted) for the number of dwellings where, according to building control figures, building work has started on site. This was 15,930 homes in April to June 2020 which was a 52% decrease when compared to the last quarter and this steep fall in activity reflects UK government […]

The NAEA Propertymark August report has indicated after the stimulus of the Stamp Duty holiday 13% of properties sold for more than the original asking price. This is the highest percentage in nearly 5 years. However, 53% of properties still sold below asking price. In July this year only 8% sold above and in June […]

Nearly a quarter of a million households who were homeless or at risk of becoming homeless have been helped to keep their home or into longer-term accommodation, by the implementation of the Homelessness Reduction Act (HRA).  The Review of the act has been published 25th September 2020. The Homelessness Reduction Act, which was brought into law in April 2018, […]

FREE Livestream Wednesday, 30th September at 7pm: Property Elevator Series 2 Preview The hit show Property Elevator returns to Sky Channel 192 for its second series. A ‘pitch’ show where property entrepreneurs present their deals in a bid to win funding from the Property Angels. Join the show’s Producer Michael Hammond & all 5 Property […]

The latest Rental Demand Index for Quarter 3 from Howsy, has revealed that demand for rental homes across the UK’s major cities has increased +13% since Q2. Howsy’s index looks at rental listings across all of the major property portals, taking an average demand score for the nation’s major cities based on where has the […]

Citizens Advice has issued the following advice if you are a student in privately rented accommodation who wants to move out and end your tenancy. What are your rights? Generally, you are liable for any rent due until the end of your fixed term (and any guarantor may be pursued if you don’t pay). Some […]

We recently had an EICR, which highlighted some C2 failures. It was difficult to arrange the EICR, and now proving even more difficult to agree on access with the tenant for the remedial work. Being fairly minor in nature, these are not major issues that will take a long time or cause great disruption. Meanwhile, […]

We are in the process of negotiating a lease surrender with a retail tenant. They wish to split the value between a Reverse Lease Premium and Dilapidations. Is anybody able to suggest what the tax implications could be for us as Landlords if we were to opt for the value to be attributable as a […]

Dear All, I have a HMO and I have complied with all regulations including Smoke Alarms, Fire Doors, Fire Extinguishers etc and I have completed Fire Risk Assessment. Based on Fire Risk assessment all minor actions have been dealt with. Accordingly, I have EICR, Gas Safety, Floor Plans, EPC in place. In total, I have […]

The latest summary of market health from Benham and Reeves, has revealed that the market stood firm in Q2 despite the broader turbulence of lockdown. Data from the top four house prices indices to give an overall view of market health based on buyer and seller expectations via mortgage and asking price data, as well […]