Aldermore are now they’re extending their specialist mortgage products to offering later-life mortgages exclusively distributed via 4 firms. For borrowers aged up to 99, with a maximum Loan to Value of up to 75% and  some products with no early redemption charges. Howard Reuben, Principal of our partner firm HD consultants, said: “With my new Lifetime […]

With millions of pounds being ploughed into the city centre, Preston is seeing a snowball effect as more investors are spotting opportunities in the city. For the second year running, Preston has been named the best city to live and work in the north-west in the Good Growth for Cities Index by Demos-PwC, which analyses […]

Dear Property118 members We are looking for volunteers to “raise the game” in regards to campaigning to have the Section 24 “restrictions on finance cost for individual landlords” repealed. If you are a member of a Landlords Association, a tenants group or a networking club, please ask your local meeting organiser to give you a […]

Abbot Hall is a former hotel that will be transformed into a luxury lifestyle retreat consisting of 50 suites and lodges for both long and short-term residents. The rooms will have magnificent views of the mountains and the sea. Abbot Hall is situated in Grange-over-Sands, a peaceful seaside retreat situated on the tip of Cartmel […]

My query revolves around the following. I understand if a tenant from a ‘joint’ HMO tenancy leaves ‘before’ the end of the fixed term it requires the agreement of the other ‘joint tenants’ but ‘Not’ if ‘after’. So query would be if a joint tenant left after the fixed term due to issues with the […]

I see that Shelter is doing a social housing survey, they say the results will be presented to the political leaders later this year! I saw the link on Facebook. Have to say I feel some of the questions are a tad slanted against private landlords. Would it help if landlords answered? Here is the […]

Petition: Reintroduce full mortgage interest relief and drop the 3% stamp duty surcharge Created by Mark Homer – We call on the Government to reintroduce full mortgage interest relief and to drop the 3% stamp duty surcharge which is increasing homelessness by driving many landlords out of the sector, meaning tenants have less choice and […]

Hello, I am about to purchase 25 % of a house under shared ownership and then pay rent for the equivalent 75% equity the housing association owns. However, the house has no heating at all. Can this be right? Does the Housing Association not have an obligation to provide a property with heating? Many thanks […]

For individual Landlords GDPR policies can seem more complex than necessary. The GDPR Policy on my web site is a One page (Two sided) document that explains a Landlords policy adequately. Many have written about GDPR, and in quite a lot of detail, unfortunately, most landlords still have difficulty in understanding their obligations. If a […]

Firstly, if there are any Newspapers, Media outlets, TV program’s readings this and you are soon doing a story on Universal Credit, then I give you full permission to use all this post of mine. Below is the email that UC are now sending to Landlords when we report that the tenants are in arrears. […]

Details of a complaint made to Statistics.Gov.Uk by Property118 member Owen O’Neil Dear Sir/Madam, I would like to make a complaint about simplification of the context of statistics to the point of misrepresentation that would mislead the public which falls under this duty of your office :- (III) official statistics in a document or statement are […]

Dear Property 118ters, I would appreciate your advice on a property purchase deal. The property is currently set up as 5 bedroom family house in greater London and is feasible to convert into 6 bed HMO. The house is not HMO compliant at present and will fire safety installation to make it compliance followed by […]

Section 24 campaigner David Heard has revealed the locations for the erection of 10 further billboards which will cost just £3,600 ‘all in’. This figure includes printing, pasting, VAT and rental of advertising space for two weeks. A copy of the invoice can be viewed via this link. The image at the top of this article shows the slightly […]

Hi all, I’m new to this website and I have a question. What is the formula you use for return on investment/return on capital employed/rental yield? Would you mind sharing? I just need a couple of baseline formulas to get me started. Many thanks to you all, great website. I have searched and found an […]

The resolution body have announced several measures. One of these is to give every 25 year old 10,000. This means that a couple of 25 year olds will have 20,000 towards a deposit on a house. Wonderful, this means that FTB houses just went up by 20,000 each! It is not vendors who raise prices, […]

Meet the founders of the National Landlord Investment Show – Q&A with Tracey and Steve Hanbury As the National Landlord Investment Show prepares to celebrate its fifth anniversary at Aston Villa Football Club on Wednesday May 16th, it’s time to meet the people behind the shows to find out what makes them tick. The Midlands […]

A third of British landlords could be forced to sell due to problem tenants, with unpaid rent and damage running into thousands of pounds cited as the main problems. Nearly half 47% of landlords have had issues with tenants who don’t pay the rent on time, according to a new survey commissioned by online letting […]

The Just Giving billboard campaign highlighting “Section 24 Tax Reforms” has now raised over £4,000 🙂 We think a lot more is likely to be raised once people see pictures and newspaper reports of further billboards going up in Cities such as London, Birmingham, Manchester, Leeds, Newcastle etc. and we are all mega excited for that to […]

We were recently approached by a landlord of a four bedroom HMO property whose Local Authority had contacted her to remind of the approaching restrictions on minimum room sizes. One of this landlords bedrooms was slightly below the 6.51 sq metre limitation, which becomes effective from 1st October under  ‘ The Licensing of Homes in Multiple Occupation […]

Government press release on the action to end letting fees. New Housing Secretary Rt Hon James Brokenshire MP said: “This government is determined to build a housing market fit for the future. Tenants across the country should not be stung by unexpected costs. “That’s why we’re delivering our promise to ban letting fees, alongside other […]

Scottish Government consultation on minimum energy standards, proposing minimum C Rating for both PRS and owner-occupier sectors, and minimum B Rating for those classified as fuel poor. Cost efficiency is being deemed as payback over a lifetime, however that may be interpreted! Closing date for comments is 27 Jul 2018. Click Here to view the […]