The thriving buy to let market is driving a letting agent boom as firms respond to increasing demand from tenants eager to rent a home. Two key nationwide firms are pouring millions in to expansion plans. Countrywide has earmarked £5 million on growing lettings and has acquired a number of smaller specialist buy to let […]

Eight out of 10 landlords plan to supplement their pension income from letting property, according to the latest research by the National Landlords Association. Landlords see buy to let as a way to increase their wealth and as a key method of generating a retirement income as an alternative to mainstream pension savings.

That is a question that I am asked by landlords all the time and I am pleased when they ask me because it means that they do not intend to “send the boys round”. These landlords want to remove unwanted tenants legally so I am always happy to explain the process of either Section 21 […]

It has just occurred to me that most of the lettings agents that don’t carry professional indemnity insurance or protect deposits still need to advertise on the major property portals such as Rightmove, Zoopla, PrimeLocation, Globrix etc. There have been plenty of media articles recently calling for the Compulsory Licensing of Letting Agents and stories […]

A landlord moved his tenant lover in to his home while she carried on fraudulently claiming benefits for his buy to let. The pair conned the local council out of £20,000 in housing benefits, council tax and income support. Mandy Huskisson, 44, pleaded guilty to four fraud offences at Runcorn Magistrates Court. She was given […]

Letting agent Zulfiqar Hussain must pay his victims £250,000 or face three years in jail after stealing money from dozens of landlords and tenants who trusted him with their cash. Hussain was sentenced to a nine month suspended prison sentence after admitting seven charges of engaging in unfair commercial practices and one of money laundering.

Finding that perfect tenant can be time consuming and a very tough task. No matter how a prospective tenant may dress or whether they come across very genuine and trustworthy, there is no guarantee that what you see is what you get. Recent research undertaken by the NLA found that over 50% of landlords have […]

Great news for our readers this week, Property118 has been appointed as a source of Google News which means your comments will carry far more influence than ever before and will help to portray what is happening in the ‘real world’ of UK property. Mary Latham adds a tongue in cheek video blog which contains […]

The 1st of March will see the launch of the countries first tenant accreditation Scheme, (UK TAS), bred from a pilot scheme trialled in Southend-on-sea by the private sector housing of the Borough Council. The UKTAS is in stark contrast to the numerous accreditation schemes out their aimed at agents and landlords to drive out […]

“I only rent out one property”, “I use a letting agent”, “I’m a passive property investor”, “I do buy to let but I’m not a landlord”. Why do people say these things? If you own a property, even if it’s only one, and you collect rent from it, YOU are a landlord in the eyes […]

Government need to take note because this illness has reached epidemic proportions and, in my opinion, is the reason many private landlords are refusing to take tenants on benefits. If a cure is not found soon Shelter may need to build shelters to house sufferers. I know that it is not PC to suggest that […]

About 500,000 new tenants have registered to rent buy to let homes over the past two years with just one network of national letting agents. Over 275,000 signed up in 2011 – an increase of 53,000 (24%) over the 222,000 who were desperately seeking to rent a home in 2010.

– News Sourced by Property118 News Team – Landlords have been told to ensure their tenants know how to deal with and prevent mould from condensation by The Association of Independent Inventory Clerks. With the cold meaning bathrooms windows will be firmly shut, condensation could be creating costly-to-fix damp. The AIIC have created a check […]

We have witnessed a variety of different challenges which have impacted upon the housing market at different times and in different ways. In the early 80s the problem was one of excessively high interest rates; there have been times when rampant inflation has caused house prices to escalate by thousands a week in certain areas […]

As stories of Letting Agents who cease trading owing large sums of money continue be reported, Norwich based landlord Mark Alexander has launched an e-petition advocating the compulsory licensing of UK Letting Agents to protect both landlords and tenants. Over 4 million homes are provided by the Private Rented Sector in the UK by 1.5 […]

– News Sourced by Property118 News Team – Following Shelter’s five point plan to step up its fight against rogue landlords, The RLA have released a damning response labeling it a “charter of clichés which can spell danger for tenants too.” Local authorities should be doing more to track down the rogue landlords that are […]

Buy to let landlords added 84,000 rental properties to their portfolios in 2011, according to the latest figures from mortgage firms. To put the market into perspective, at the peak of buy to let lending, 93,000 loans worth £12.7 billion were advanced in just three months between June and September 2007. That compared to 69,100 […]

News Sourced by Property118 News Team The rise of buy to let is more about the decline of social housing in the UK over recent years, according to the latest housing statistics from the Communities and Local Government Department. The gap between private and social renting has steadily shrunk from 3 million to just 200,000 […]

Buy to let looks to continue to prosper as surveyors presented a drab picture of the construction industry. The government has admitted the country needs an influx of infrastructure and housing projects to boost the economy and provide much needed homes over the few years. Although difficulties in sourcing mortgages are holding back home buyers, […]

Buy to let investors searching for homes offering the best value need to look north, according to online portal Zoopla. Property prices in London and South East – and towns within easy commuting distance like Northampton and Swindon – are commanding higher values with less room for price negotiation.

The latest landlord and property related news including guest articles from industry experts covering property management best practice.  Angus Ryan stresses the importance of having the right landlord property insurance, the ever entertaining HMO landlady shares her tale of cowboy builders and Mark Alexander adds two more compelling blogs to his Landlord’s Log posing questions […]