With former homeowners being forced back into the rental market, The Association of Independent Inventory Clerks has warned landlords to either be prepared for pets or look for the signs of undeclared pets. Most landlords who do accept pets will increase their deposit, but many landlords won’t rent to tenants with pets at all. Tenants […]

Many of the best read articles on Property118 are landlord stories, what’s great, what’s hot and what’s not. This is probably because we all know deep down that it’s far better to learn from other peoples experiences and far cheaper than learning from our own mistakes. I’ve realised that sharing my strategies and my positive […]

The likely results of losing flood insurance are sinking-in to landlords with at risk property as much of the country lies underwater and weather forecasters predict even more rain. Great swathes of England are coping with the deluge -and the heavy rains have highlighted just how many homes and businesses are in danger of flooding.

Buy to let investors Neil and Louise Bonner are selling the childhood home of ill-fated Titanic skipper Captain Edward John – amid claims the house is haunted by him. Tenants have reported a series of spooky events in the house, including a mysterious kitchen flood and an icy chill in the dining room.

Landlords are still purchasing more buy to let homes, according to research by a mortgage lender. Property investors piled cash in to buy to let in the first three months of 2012, adding an average 1.8 homes to their portfolios, says Paragon Mortgages.

The cheapest property in England and Wales sold for just £7,500 in March. The stone-built Methodist Chapel in Felindre, Knighton, Powys, is a derelict building in the main street of the small Welsh village.

Beds in sheds landlords face a crackdown by a special government taskforce aimed at closing down criminal landlords and tracking down illegal immigrants. Housing minister Grant Shapps and immigration minister Damian Green have held the first in a series of cross-Whitehall summits with police, the UK Border Agency and local councils to set up the […]

Drugs squads are raiding a cannabis factory nearly once every hour and seizing drugs worth hundreds of millions of pounds in an industry dubbed a growing menace by police commanders. On average, 21 drugs factories are closed every day by police.

I recently had a long online discussion with Mary Latham, in which we both tried to get to the bottom of the legal stuff around whether or not a managing agent is allowed to sign a Section 21 notice. We didn’t end up with a definitive conclusion. I will write a separate piece on my […]

This week’s edition features Ben Reeve-Lewis at the Property Investors Show, a challenge from Mark to Tony Robbins, Vanessa Warwick tackles tenant referencing and Neil looks at some completed finance deals. There’s plenty in the news too with regulation, Newham

Financial watchdog is alerting landlords to watch out for property hijacking by fraudsters and crooked mortgage brokers. The Financial Services Authority has circulated the warning to all small financial advice firms in the UK to pass on to clients.

Corporate investment in student letting was up 50% to £1.15 billion last year as rents and yields continue to go through the roof. The flood of institutional money into student accommodation has continued in the first three months of 2012 with nearly £250 million invested, according to property consultants CBRE.

Seven out of eight young adults do not believe they can buy a home of their own in the next five years, according to research by the Post office. Instead, they will rent buy to let homes or stay with friends, parents or relatives.

Sales of homes worth £2 million or more are rising – and most are in just four upmarket neighbourhoods of London. Just over half of all multimillion pound home sales last year were in swish Kensington, Chelsea, Westminster or Camden, while 76% (1,161) of £2 million plus sales were in London.

European politicians have delayed voting on buy to let regulation and other key home loan proposals. The vote was scheduled to go before the European Parliament’s economic and monetary affairs committee today (April 25, 2012).

It’s not the money the government prints that triggers a resurgence in the economy, but the way everyone spends the cash, argues credit strategist Ben Bennett. The point of no return for the economy was when property investment stopped improving living standards and became pointless spending on renovations and idle speculation, he argues.

We are witnessing a significant rise in the incidence of some banks refusal to offer new or extended terms to commercial loan facilities. In extreme cases, some banks are demanding early loan redemption. This often leaves the borrower with a major headache in a market where commercial lending is restricted and competitive alternatives are not […]

Housing minister Grant Shapps has accused Newham Council, East London, of ‘playing politics with peoples’ lives’ over a radical plan to shunt homeless families out of the capital because benefit caps do not allow them to move in to local buy to let properties. The council has a housing waiting list of 32,000 people and […]

Property investors targeted by fraudsters are about to receive a letter or email from financial watchdogs warning them crooks are trying to con them out of cash. More than 75,000 names are on a secret scam list recovered by the Financial Services Authority (FSA) in an operation against firms selling worthless investments.

Tenants on housing benefits are struggling to rent buy to let homes as landlords withdraw from the market. The market is set to deteriorate further over the next three years as huge numbers of landlords say they will stop letting to tenants on benefits.

Landlords are the wrong target for buy to let regulation, according to the latest behind-the-scenes thinking. Regardless of the rights and wrongs of the ‘rogue’ landlords debate, politicians and law makers are looking at tightening the rules for letting agents.