NHBC’s Q3 figures show the number of new homes registered to be built in the UK during the last three months is 9% down on last year’s levels, despite a significant increase in the affordable and rental sector. In total 39,364 new homes were registered over the last three months compared to 43,403 a year […]

High rates of non-compliance with landlord licensing schemes in London have hastened the need for an official government response to the selective licensing review carried out earlier this year. An official licensing action plan could help to make the system more effective, increase compliance and ensure that rental properties meet certain standards, according to lettings […]

I found a property marketed at £110k, which seems good deal to me. The estate agent advised me that they already have received an offer of £100k, but the vendor will be okay to take anything around £103k. I am happy to match the vendor’s asking price £103k however, my cornered is that the estate […]

This latest version of our Landlords Calculator includes fields for you to add budgets for maintenance costs, management costs, voids periods, ground rents, service charges, re-letting costs and insurance. This replaces just one field in version 2 of our landlords calculator which grouped all of these costs together as a percentage of rent before working […]

The Mayor of London, Sadiq Khan, has called on the government to stop the roll out of Universal Credit, after new analysis from City Hall showed welfare cuts over the last decade have led to a rise in the number of people in London forced into homelessness. Last year, 8,855 people were seen sleeping rough […]

I have a question based on the below scenario: Property A purchased by Mr. X as residential. Mr. X moved away for work and was renting. During this period converted the residential to BTL. In the meantime found another as residential property B and purchased jointly as Mr. and Mrs. X’s main residence. Paid higher […]

I own a 3rd share of the freehold in a 3 flat property in a seaside town in East Sussex. I had the lease extended early in 2019 and it now has 999 years left. I am now trying to sell my flat because I live abroad and I really can’t afford the upkeep and […]

I have let a house to a couple who unfortunately had a fire in their own home, the rent at the time was £600.00 per month. Their insurance company asked me to rent my house to them for six months, I refused saying that it was not worth it by the time I pay letting […]

Landbay conducted a study ‘delving into the psyche’ of 2,000 private renters in the UK and as suspected the vast majority (75%) said they were happy. Landbay went on to report: “Some of this is a reaction to the financial demands of buying a home, but there’s also a relief in not being responsible when […]

Unless you’ve been living under a stone, you will have seen the Government waging a relentless war against private landlords. Some of the effects of this are now being seen in the courts, where extremely poor legislation, full of ‘unintended consequences’ is beginning to hit landlords hard.  This is in the context of landlords already […]

PIP is delighted to offer investors the chance to invest in a beautiful 1-bed apartment in Shipley, near Leeds starting from only £77,000.  These apartments have been discounted by 12% off current selling prices.  According to local letting agents, Martin & Co, Soltaire, these apartments are exceptionally spacious, well designed and in a lovely location, ideally […]

Hi I’am currently in the process of purchasing 2 properties from the same seller. I believe this is termed a “linked” purchase and extra SDLT is payable to HMRC. Please can anyone advise me of what the position of SDLT might be in this situation. Both of the properties being purchased are HMO’s. Many thanks […]

If you’re planning to invest in property in the UK, it’s important to consider the impact of Brexit on the property cycle – and, in particular, on your position within that cycle. In this article, the housing market specialists at Property Solvers will explain the impact of Brexit on property investors and their position within […]

The RLA is fighting a ruling which could stop landlords taking back properties from tenants who are refusing to pay rent. It could be very important to challenge these absurd legal decisions for when/if Section 21 is scrapped and the traps attached to Section 21 are potentially carried over to Section 8. The Crowdjustice campaign […]

Housing Minister, Esther McVey, has announced plans to release data held by local bodies to enable the UK PropTech sector to thrive and for them to “bring about a digital revolution in the property sector.” The Housing Minister will announce measures to: Open up Compulsory Purchase Order (CPO) data for the first time in a […]

My ‘darling’ tenant has done a bunk and left yesterday. Neighbours saw him shifting stuff in the night. I had a call from his ex-girlfriend this morning stating he had called her to say the same and also to tell her that her stuff was now on the street too. I was in the process […]

One of my valued tenants has today asked me to serve a section 21 notice as he is not getting anywhere with the council in terms of providing a council house. He believes they will take him more seriously once his landlord has served him notice. This is not the first time I have received […]

This is the kind of big corporate investment George Osborne and his political and corporate allies wanted to encourage back in 2015 with the introduction of Section 24 mortgage interest relief restrictions on private landlords. Legal and General Press Release: Legal & General Affordable Homes announces that it has committed £750m to new affordable housing […]

Labour dominated Hackney Borough council have issued a warning to unlicensed and criminal landlords that they expanded their enforcement team and given the “go-ahead to begin a crackdown on dangerous conditions and mistreatment of private renters.” The Council claim that one in five tenants suffer from cold homes, disrepair, or damp and mould. As a […]

If you have been focusing in the Pantomime in Westminster, you may have missed that last week many Cash Buyers have been flocking to buy houses from Landlords with and without Vacant Possession. It makes no difference to the Price! Life is very difficult for would be tenants, as most landlords seek Vacant Possession in […]

The latest RLA press release reports: Andrew Dixon, RLA chief executive, has been named one of the UK’s top business leaders in the CEO UK Awards 2019. Dedicated to recognising ‘strong and innovative leadership’ amongst business leaders, the CEO Today UK Awards recognises Chief Executives who are leading in their respective sectors and beyond. In […]