The UK’s housing market is experiencing a slowdown in price growth, with annual increases dropping to 1.4%, according to Zoopla’s latest house price index. This marks a decline from 2% earlier this year, driven by a 14% rise in the number of homes available for sale, which has expanded options for buyers. The average UK […]

Greater Manchester’s Good Landlord Charter now covers more than 234,000 rented properties, which is half of the city-region’s rental households. Launched in April, the initiative is a cornerstone of the mayor’s Andy Burnham’s bid to ensure every resident has access to a safe, secure, affordable and healthy home by 2038. The Charter, the first of […]

Specialist lenders Together and Fleet Mortgages have unveiled updates to their buy to let (BTL) offerings, providing landlords with more competitive and adaptable financing solutions. Together has launched a new BTL retention product range, reducing rates by 25 basis points for landlords moving from bridging loans or refinancing at the end of fixed-rate terms. The […]

Hi, the government rules under the Renters’ Rights Bill state that landlords cannot refuse a tenant’s request to have a pet without a reasonable excuse. I manage a flat in a large block, and the block management has sent all owners a letter stating that no pets are allowed in the flats, including caged and […]

Labour’s pivotal Renters’ Rights Bill has been stalled in the UK’s Parliamentary machinery and will not become law until at least the autumn, the Financial Times reports. The legislative logjam has also hit other planned laws, including those aimed at employment rules, and the Bills will not gain Royal Assent before MPs break for their […]

As the Renters’ Rights Bill heads back to the Lords next week, I fear there is now real potential to reshape the rental market in ways that could harm the very tenants it aims to protect. Far from delivering the promised security and fairness to renters, the Bill risks creating a two-tier system where only […]

An industry body is urging London Mayor Sadiq Khan to take action to ease the tax burden on landlords. In its response to Mr Khan’s consultation on the New London Plan, Propertymark accuses the Mayor of overlooking the role the private rented sector could play in addressing the capital’s housing crisis. The consultation outlines proposals […]

Awaab’s Law will require social housing landlords to provide and pay for alternative accommodation if a tenant’s home cannot be made safe within set timeframes. The law is set to come into effect for social housing landlords in October this year and will force social housing landlords to fix damp and mould with strict timeframes. […]

Hi, it would appear that gaining an HMO licence is bringing a number of unintended consequences, making being a landlord more difficult than usual. In Sheffield, the waiting time to renew is meant to be 13 weeks. I am now in my fourth month and have not received any replies to my emails asking where […]

London’s prime property market displayed subdued activity in May, with rental growth moderating and sales transactions notably low, according to LonRes data. The lettings sector saw a slight uptick in new instructions, while the sales market grappled with cautious buyers and elevated stock levels. The data shows that the capital’s prime rental growth eased to […]

Hi everyone, I’d appreciate some advice from landlords with experience renting to benefit claimants, especially older tenants. I’ve been offered a prospective tenant who is pension-age, receiving a mix of benefits — mainly Local Housing Allowance (LHA), Pension, and PIP. To summarise the situation: • LHA covers about 70% of the rent • They have […]

The National Residential Landlords Association (NRLA) is warning that the Welsh government’s homelessness bill will put greater strain on landlords and local authorities. The organisation welcomes the Welsh government’s proposals to improve access to social housing but warns the bill could create “more problems than it solves”. The bill brings major changes by scrapping the […]

Hi, my daughter-in-law owns a flat in a block of four. She and another owner are Directors, the other two are not. All four own the freehold between them. They employ a Management Company (MC) to oversee the running of the block. The MC has just contacted her, saying the Directors’ Liability insurance is due […]

A massive knowledge gap among PRS landlords about energy performance certificates (EPCs) could undermine the government’s push to improve the energy efficiency of rented properties, a survey reveals. According to a new report from The Mortgage Works, a survey of 1,000 landlords found that 62% are unaware that holding an EPC is a legal obligation. […]

The Housing Minister Matthew Pennycook has again denied a landlord exodus is underway and claims the private rented sector remains “broadly stable”. In answer to a written question, asking about the number of small landlords leaving the private rented sector, Mr Pennycook, claims “good landlords have nothing to fear”. To back up his claims, Mr […]

Houses of multiple occupancy (HMOs) in England are selling for significantly higher prices than standard homes, offering substantial profits for investors, research reveals. The findings from investment firm Excellion Capital, show that HMOs command an average sale price of £334,260, a 13.1% premium over the national average house price of £295,654. The higher value stems […]

It’s a story we’re hearing over and over again this month, and in the upcoming weeks, we expect no different. Enter the unexpected wealth boom transforming smart landlords’ fortunes and, you guessed it, the game is in getting out, not getting further in. For many landlords, including Nigel and Carol, who recently reached out to […]

Labour’s proposed amendment to the Renters’ Rights Bill has stirred controversy by placing the financial burden of pet-related property damage squarely on landlords. The changes, set to be debated in the House of Lords next week during the Bill’s Report stage, reverse earlier plans that allowed landlords to mandate pet insurance for tenants. Previously, the […]

Hi, I am looking for members of the Property118 forum to back me up on this. My agent has charged me for an oven deep clean, costing £98, at the end of a tenancy. This tenancy was with tenants who were never very happy during their stay. However, it was my understanding that this is […]

Portfolio landlords in the UK could see their mortgage costs soar by more than £23,000 over two years if they fail to refinance, research reveals. According to property finance firm Rangewell, those landlords who act swiftly could reduce their expenses by £8,563 over the same period due to improved mortgage conditions. Its analysis examined the […]

Generation Rent claims “it’s no problem if landlords want to leave the market,” despite the ongoing housing crisis. Chief executive, of the tenant group, Ben Twomey, made the bold claim during a Work and Pensions Committee session on local housing allowance rates. Previously, Property118 reported the National Residential Landlords Association (NRLA) spoke at the same […]