Page 92 – Property118
Wooden percentage symbol with downward arrow beside small house model, symbolizing reduced mortgage rates.

BTL mortgage market sees new products and rate cuts

13th June 2025

Several buy to let lenders have unveiled new mortgage products and have reduced rates to meet landlords’ needs. Fleet Mortgages has unveiled new two-year fixed-rate options and trimmed rates on its existing two-year deals. For standard and limited company borrowers, a £1,999 fixed-fee product at 5.19% and a zero-fee alternative at 5.69% are now available, […]

A house in need of repair, set against a background of a housing estate, with the word 'Special Price' displayed.

BTL investors can find bargains in unmodernised homes

13th June 2025

Buy to let investors in England can enjoy 12% price discounts when purchasing unmodernised properties, a study reveals. Lettings and estate agents Benham and Reeves say these homes, which are in need of renovation, are priced on average 7.4% below the national market average. And that, it says, offers a prime opportunity for landlords seeking […]

A black question mark over invoices

When is the invoice charged to the leaseholder?

13th June 2025

Leaseholders have the right to require the Freeholder to provide reasonable facilities to inspect the accounts, receipts and other documents that justify the landlord’s service charges. My question is: how can the leaseholder synchronise these accounts, receipts, invoices, etc, with a particular service charge item? Does the landlord have to charge them to the leaseholder […]

Rachel Reeves, an England flag, UK coins and a piggy money box

Spending Review boosts social housing but landlords left out

12th June 2025

The government announces the biggest boost to investment in social housing in 50 years but critics warn more needs to be done to support the private rented sector. The Chancellor, Rachel Reeves, announced in the spending review a £39bn funding boost for social housing. However, critics argue the Spending Review fails tenants and lacks incentives […]

two houses balancing on scales and RICS logo

PRS and housing market show signs of recovery in May – RICS

12th June 2025

The UK’s housing sector, while still facing challenges, is displaying early indications of stabilisation, according to the Royal Institution of Chartered Surveyors (RICS). Its May 2025 Residential Market Survey shows the lettings market is witnessing robust growth in tenant interest. Alongside tenant demand surging to a net balance of +22%, the strongest figure since September […]

SNP Màiri McAllan next to a house with SNP logo on a dark blue background

Scottish Conservatives say new Housing Minister won’t fix SNP failures

12th June 2025

The Scottish Conservatives accuse the SNP of making token changes instead of real solutions as they appoint Màiri McAllan as the new Scottish Housing Minister. Her predecessor, Paul McLennan, who denied that rent controls fuelled Scotland’s housing crisis, has quit the government with immediate effect. Ms McAllan, who previously served as Minister for Environment, Biodiversity […]

Multiple red dice showing percentage signs coming out of a mobile phone with the text NEW and a image of a red house

BTL lenders cut rates and expand landlord access

12th June 2025

Several leading buy to let lenders have announced updates to their mortgage offerings, aiming to enhance affordability and accessibility for landlords, including international investors. Landbay has trimmed rates by up to 0.15% across its non-portfolio range, tailored for landlords with three or fewer mortgaged properties. The lender has introduced a new five-year fixed rate product […]

Skull ontop of bones in a X shape with a warning logo

One in 10 PRS homes have hazards that present a ‘risk of death’

12th June 2025

Alarming new findings from Inventory Base reveal a potential ‘risk of death’ in one in 10 PRS homes in England. It found that 10.7% of homes contain severe safety risks classified as Category 1 hazards for tenants. These dangers, which include fire risks, structural failures, extreme cold and electrical faults, pose ‘immediate threats’ to tenants’ […]

A dog and a cat alongside the Scottish flag and Dog trust logo

Charity demands stronger protections for renters with pets in Scotland

12th June 2025

A charity is urging the public to write to Scottish MSPs demanding more stronger protections for tenants with pets. Dogs Trust has welcomed the news of the Scottish Housing Bill passing stage two of scrutiny by a cross-party committee of MSPs. However, the charity is urging MSPs to go further and support amendments to the […]

Image of a rocket soaring up above a model house

Soaring house prices lock most people out of childhood hometowns

12th June 2025

A 74% surge in UK house prices over the past two decades, from £113,900 to £268,200, has made returning to childhood hometowns a distant dream for many Brits, research reveals. According to Zoopla, despite 52% of people expressing a desire to relocate to their roots, affordability barriers, particularly in southern regions, are proving insurmountable. In […]

Small building blocks with images of sustainability

Tenants will pay more for greener homes

12th June 2025

A new wave of eco-conscious tenants is transforming the UK’s PRS, with 92% of landlords noting a willingness among renters to pay a premium for environmentally friendly homes, research reveals. According to Handelsbanken’s Property Investor Report 2025, which surveyed 200 professional landlords and property investors, there’s a surge in demand for sustainable upgrades. These include […]

Chancellor delivering a speech on Britain’s economic future

Chancellor urged to help landlords and tenants in the Spending Review

11th June 2025

With Chancellor Rachel Reeves set to unveil the 2025 Spending Review today (11 June), a leading north London estate agent has urged the government to tackle the escalating housing crisis gripping the nation. Jeremy Leaf, a former residential chairman of the Royal Institution of Chartered Surveyors (RICS), warned that persistent shortages in both private and […]

Laptop showing a credit score report on a desk with pens and a book, a red question mark sign above a coffee cup

How to add the monetary judgement of the S21 possession order?

11th June 2025

Hello, one of the challenges landlords face is that credit references do not automatically capture the non-payment of rental arrears / costs following the S21 process. This invariably means that the credit referencing process is flawed and if anything exposes landlords to serial defaulters. While this challenge is well known (I have even seen videos […]

The word RENT on a yellow background with three small boxes showing images of a house, a percentage sign, and a hand holding a box with an arrow pointing down, with the Zoopla logo

Rent rises drop to a four-low as PRS cools – Zoopla

11th June 2025

The surge in UK rent prices has lost momentum, with annual growth dropping to 2.8% in April, the slowest pace since July 2021, Zoopla reveals. Its latest rental market report highlights a sharp decline from the 6.4% rise recorded a year ago, bringing the average monthly rent to £1,432. However, a shortage of available properties […]

A hand is going to touch a digital screen showing compliance, image of mould, and warning signs on a blue background

ResiSure and Awaab’s Law: Why a New Era of Property Compliance Starts Here

11th June 2025

In October 2025, a new chapter in UK property legislation begins. Awaab’s Law, a component of The Renters Rights Bill, will come into force, requiring social housing landlords to investigate damp and mould complaints within 14 days, provide written outcomes within 48 hours, and begin repairs within a week. Emergency hazards must be resolved within […]

Older people sitting around a table drinking tea with cakes and fruit in a basket, people standing in the background

Over-40s redefine HMO market

11th June 2025

A new trend is reshaping the HMO landscape as 11.5% of housemates are now aged 40 or older, according to research. The findings from COHO, a HMO management platform, show that far from being just for students or young professionals, shared accommodation is attracting a more diverse group. It has also found that Southampton has […]

A man in a shirt and tie with Keys on a keyring of a red house in his open hands

One in three Brits wants to be a BTL landlord

11th June 2025

A third of UK adults are keen on becoming buy to let landlords, defying perceptions of a waning market, research reveals. The findings from Market Financial Solutions of 2,000 adults found strong enthusiasm for property investment. The poll found that 33% of respondents aspire to own a BTL property, with the figure soaring to 54% […]

A businessman stamping a form and City of Westminster logo,

London council offers lifetime tenancies for social housing tenants

11th June 2025

A London council will ensure all of its social housing tenants receive lifetime tenancies in an initiative which replaces fixed-term agreements with secure, indefinite tenancies following introductory periods. The council aims to foster enduring community ties and provide residents with unparalleled stability. The policy shift by Westminster City Council was announced after a public consultation […]

A desk showing a tenancy agreement, keys, a house and the text be quick Renters Right Bill

Landlords urged to act early for the Renters’ Rights Bill

10th June 2025

The abolition of fixed-term tenancy agreements and replacing them with open-ended, periodic arrangements will redefine the dynamics between landlords and tenants, one PRS expert says. The change is part of the Renters’ Rights Bill which will allow renters to exit tenancies with just two months’ notice. Now, Allison Thompson, the national lettings managing director at […]

UK notes in front of a desk where a businessman is stamping papers

Licensing scheme gives council power to crack down on landlords

10th June 2025

A London council claims it will fine landlords more than £30,000 and allow tenants to reclaim up to 12 months’ rent if landlords fail to obtain the correct property licences. Wandsworth Council has announced a new selective licensing scheme and an additional licensing scheme for HMOs, with landlords able to apply for the required licences […]

HMO texts above a red arrow pointing down in a red box, approved sign next to a stamp sitting on official papers on top of a keyboard

HMO licence approvals drop by 6% across Britain

10th June 2025

The number of new House in Multiple Occupation (HMO) licences approved across Great Britain fell by 6% in 2024, research reveals. According to Searchland’s latest data, local planning authorities issued 25,445 licences in 2023, but this figure dropped to 23,947 last year, a reduction of 1,498. Despite the national downturn, certain regions bucked the trend. […]