The State Bank of India is carving a niche for itself in the Buy to Let mortgage market with competitive 75% Loan to Value rates and criteria. The Bank will accept applications from first time landlords. They also allow Multiple Units, ie freehold houses which have been converted into multiple flats are acceptable security subject […]

Hi all, I’m a tenant looking for advice. I have signed a fixed term AST and paid the associated deposit and first month’s rent. The contract began on the 18th of October. The letting agent called on the morning of the 18th to delay my getting the keys until the afternoon. At 12pm I was […]

MPs have voted 299 to 0 for Labour’s motion to ‘pause and fix’ Universal Credit before further roll out after the majority of Conservative MPs decided to abstain and some voted with Labour. John Bercow, the speaker of the House of Commons, said: “If you choose not to take part and vote you can’t say, […]

Just two in 10 landlords say they are willing to let to tenants in receipt of housing benefit or universal credit, according to latest research from the National Landlords Association (NLA). The findings come on the day the House of Commons Work and Pensions Committee questions the Secretary of State for Work and Pensions about […]

Purpose Built Student Accommodation (PBSA) is nothing new to student property owners or any student letting agent in Sheffield. But nobody can ignore it. The tuition fee hikes, tougher graduate job competition and Brexit have all changed the landscape and demographic of higher education in the last five years or so.  Tighter restrictions around BTL […]

I have had to request possession of a rented property using a S21. The Magistrate had given my tenants 14 days on top of the court hearing date to vacate. Is a Magistrate allowed to add this extension on as possession is mandatory from the date of the possession order? Bearing in mind I have […]

Get your voice heard at the UK’s largest landlord debate, National Landlord Investment Show, London – with speaker panel including Iain Duncan Smith MP. Join 450 landlords and investors for the return of the Expert Property Panel, to be held at the flagship London show at Olympia on Tuesday 7th November. Sponsored by Fast Property […]

What would the 118 community advice in this situation? My niece, single mum with a 2 year old child, has been renting a 2 bed flat for 2 years via a letting agency. She’s always paid her rent on time and the flat is spotless. A few days ago she received a letter from lenders […]

From April 2018 under the Minimum Energy Efficiency Standards (MEES) it will be unlawful in England and Wales to grant a new tennacy on a property with an Energy Performance Certificate (EPC) of less than E. The Department for Business, Energy and Industrial Strategy have issued guidance for landlords and local authorities, because it is […]

The Latest Office of National Statistics (ONS) figures for September show Consumer Price Inflation is now at a 5 year high of 3%. This is up from 2.9% in August, but Mark Carney the Governor of the Bank of England told the Treasury Select Committee that inflation was likely to rise further in the relatively […]

The UK’s leading property investment event arrives in Wales for the first time on Wednesday 25th October after sparking lobbying in support of landlords and investors. After an unbeatable year so far, the UK’s leading property investment event will bring together local landlords & property investment services in Cardiff. It’s been a successful few years […]

Being a landlord is indeed a lonely business far from the perception that landlords are money grabbers of tenants. In forming this perception, there is no consideration of the running costs, challenges and risk landlords expose themselves to in their quest to provide good quality homes for rental. In this article I would like to […]

My property Ltd co manages a house as a managing agent for the landlord owner. The first 12 month AST is coming to an end next month and with the landlord’s agreement and the tenants’ agreement, I will be renewing the AST for another 12 months, by reissuing the AST with new dates, and nothing […]

I have an unusual situation which I wonder if any anyone else on Property 118 has previous experience of or has advice on? I own a two bedroom mansion flat in West London which I bought nearly twenty years ago, it has been rented out for most of that time and as I live overseas […]

The Communities and Local Government Committee has this week launched an inquiry into whether councils have adequate powers to tackle ‘rogue landlords’. The brief of the inquiry into the Private Rental Sector (PRS) is detailed the committee below: To examine the role of local authorities in the PRS focusing on the provision by councils of […]

We are in the process of downsizing, selling our principle residence and buying a smaller one . We will have to sell before we buy so there is no question of us owning two houses at the same time . We also have one small rental property- a flat . I have been told 1) […]

Located in a county with one of the highest percentage of over 65s. This luxury retirement home investment in St Austell attracts self-paying residents which are shown to be the most profitable. A 10% net rental income is guaranteed for ten years with a buy back option in year 10 for 125%. Units start from […]

Claire Perry, the Energy Minister, has said Stamp Duty could be used as the ‘carrot and stick’ in order to meet targets on climate change laws and cut fuel bills and increase energy efficiency for households reducing carbon emissions. Stamp Duty rates could be used as incentives or punishment depending on the efficiency of the […]

Education is key to showing the construction industry is no longer regarded as a ‘man’s job’ – according to a female associate director at Birmingham’s Building Services Design (BSD). Jo Jones has been promoted to associate director at the mechanical and engineering (M&E) company – the first woman in the business to take on the […]

Mortgages for Business Quarter 3 figures show that post Section 24 mortgage interest relief restrictions for individual purchasers that 79% of Buy to Let purchases by value are now in the name of a Limited Company. This is up from 73% of purchases in Quarter 2 of this year. For all landlord Buy to Let […]

We own a commercial property (2 properties side by side) which is currently split for lease between 3 tenants as follows: 2 downstairs shops/units leased as food outlets (tenants 1 & 2) 1 HMO – all of the upstairs with 9 studios (tenant 3) Tenant 3 (HMO) would like to buy the upstairs. What is […]