AirBNB is a great idea to earn cash from renting your property for short timescales, but you will need specialist AirBNB insurance to cover the risk. Don’t worry, Property 118 can help and it won’t break the bank. Standard landlord insurance requires you to have a tenancy agreement for a minimum of six months. You […]

Hi, an estate agent who has been managing my property over the last 8 years has stopped paying me my rent. The original company was dissolved in August, but the director set up another company over a year ago called the same with a slight different twist on the name. It is the new company […]

I rent out a property where the rent is all inclusive of bills including internet. I have just received an email from the Internet Service Provider informing me that they have been notified of a copyright infringement – I.e. A tenant illegally downloading movies online. In this scenario, as I am the landlord who pays […]

The DWP guidance states: 8. Support and Alternative Payment Arrangements 8.1 Alternative Payment Arrangements and managing rent arrears If a tenant gets into difficulty paying their rent, the landlord can apply for an Alternative Payment Arrangement (APA) Managed Payment to Landlord (MPTL) which will be considered on a case by case basis. 8.2 Tenant in […]

AirBNB mortgages are now available from Together Money who have have informed our partner brokers that they will consider commercial mortgage terms for investors that intend to rent their properties using Airbnb. This is separate to their Buy to Let range where they require a standard AST as they consider the Host (the owner of […]

Landlords Ombudsman membership is to become compulsory it seems. In Theresa May’s interview on the Andrew Marr show (1st October 2017) she said that she wanted all private landlords to belong to a Redress Scheme like agents currently do, and that landlords should be incentivised to offer longer tenancies. Three Ombudsman schemes already exist for […]

With all the main focus on Universal Credit we almost forgot about the issues that we face with the well-established Housing Benefit administered by Local Government. For most landlords after years of learning the system many managed to resolve issues that they faced and was finally starting to get the hang of it. However, what […]

I am at my wit’s end, please help. I purchased my first property in Scotland, Edinburgh, a Buy to Let flat, that already had 4 tenants in it, from September 14th to next year, paying total of 2100GBP / month. Total cash funds were transferred to the solicitors based in Fife, on 19th September 17, […]

My residential home, which I am currently letting on an AST whilst I am out of the country on a sabbatical, has an ordinary residential mortgage, the term of which comes to an end in a month or so. Whilst trying to arrange a remortgage, I have been told that FCA regulations stipulate that regulated […]

More and more over the last few weeks there have been articles discussing the Governments flag ship Universal credit system, this has been the most major shakeup in the Welfare Reform in 40 years. Currently there are two services; Universal Credit Live Service and Universal Credit Full Service. The Government hope to have Universal Credit […]

The new protocol is designed to encourage debtor and creditor to communicate and resolve a payment plan before the need to go to court. Click Here to download the full Pre-Action Protocol for Debt Claims The following summary is from our partners at the Sheriffs Office: New process for Creditors: Creditors will be expected to […]

Today we have taken on the following case: In March the landlord granted a Tenancy to a tenant who informed him she was on Universal Credit. Unsure of the new scheme and not swayed by the bad press the optimistic landlord decided to give it a go. The landlord was informed by the tenant that […]

With huge amounts of regeneration underway in Newcastle city centre, the capital of the North East is bolstering its reputation as one of the UK’s most attractive cities for renters, but the city is only just beginning to cater for it. The city has been densely populated by students for a number of years, with […]

I have decided to sell one of my properties but I’m trying to find a way of selling with the tenants in situ. They are wonderful tenants who have rented from me for several years and I’m trying to do right by them. Are there any firms/individuals who buy tenanted properties? I know I won’t […]

I own a property which I purchased 11 years ago with an in-situ tenant who is under an old style Assured Tenancy (not an AST). Unfortunately the housing association I originally bought the house from claimed not to have a copy of the tenancy agreement and the tenant himself had lost his copy over the […]

We have a tenant finding it hard to find a property to move to. A developer let them move into a new house which is now for sold STC but the wave of Landlords selling is tightening supply so they can’t find anywhere. They have an expired S21, but now owe three months rent too. […]

I’ve recently been asked to help some elderly friends manage their property (I’m not in this field – it’s as a favour to them due to the abuse they get from the tenants). The tenants have been in the property since 1998, with no updated tenancy agreement since 2007. When taking over I have placed […]

Situated in the Manchester City Regeneration Area, Signature Mill is a conversion of an old textile mill offering panoramic views over Manchester’s city centre. Due to Manchester’s increasing desirability, house prices are predicted to grow by 26.4% over the next five years, and the rental market is expected to grow by 4.2% every year for […]

In Jeremy Corbyn’s speech at the Labour party conference today in Brighton he committed the party to introducing rent controls if they got into power. In his speech Corbyn said:”We will control rents, when the young generation’s housing costs are three times more than that of their grandparents. That is unsustainable.” “Homes should be for […]

The Charitable Foundation of TDS deposit protection scheme made £94,054.94 in awards in latest round of funding. It hopes to break £500k in total by the next round of funding The TDS Charitable Foundation awarded over £94,000 to organisations to advance education on housing rights and obligations in the PRS. Now in its ninth round […]

If I do not continue to let out homes as a result of section 24 who will provide the housing? Are there other options for renters aside from council and social options? I am Intrigued to know if there are any other groups, aside from private landlords in the market as I have never come […]