Page 94 – Property118
london parliament

Best city in England for HMO yield revealed

16th June 2025

Bradford has claimed the title of England’s top location for House in Multiple Occupation (HMO) yields, with six-bedroom properties delivering an impressive 15.2% return, research reveals. According to COHO, an HMO management platform, its analysis highlights that larger HMOs consistently outperform their smaller counterparts, despite requiring greater initial investment. COHO’s research shows that three-bedroom HMOs […]

First time buyers

Rental market cools as first-time buyer numbers surge

16th June 2025

The private rented sector is experiencing a slowdown, with tenant registrations plummeting 17% in May compared to 2024, research reveals. According to the Hamptons monthly lettings index, this marks the twelfth consecutive month of declining demand, with registrations now 28% below 2019 levels. The main reason for the drop is that more tenants are becoming […]

House sold sign with houses in the background

New fund launch: “We can buy your HMOs and PBSAs within an hour”

13th June 2025

You may have heard the news last week of a fund purchaser that’s looking to make quick acquisitions and if you didn’t, you’ll want to read this because with the amount of enquiries flooding in, it won’t be open for long. The fund, set up by our partners at Landlord Sales Agency, is actively seeking […]

Knight-themed Landlord Crusader logo symbolizing landlord advocacy

Will Labour ever turn to PRS landlords to help them out?

13th June 2025

It was comforting to read the words of Nigel Terrington, the chief executive of Paragon Bank, who recently highlighted a stark reality: we need more landlords! He was talking about the UK’s population being projected to surge by 4 million by 2032 – has anyone voted for this? – and most newcomers, particularly immigrants, will […]

Map of England on black background with arrows pointing north and south and a sold sign

Housing market stagnates as northern regions outpace struggling south

13th June 2025

The housing market showed no price movement in April, with average home prices in England and Wales holding steady at £359,200, according to the e.surv Acadata house price index. Despite this stagnation, a stark regional divide has emerged, with northern areas displaying resilience while southern regions, particularly London, face challenges. The capital saw a monthly […]

Uk cash and a green house with a tick against an EPC report in the background

Tenant group claims landlords can easily afford EPC upgrades

13th June 2025

Generation Rent claims the majority of landlords CAN afford energy-efficiency upgrades because they are mortgage-free.  Despite the tenant group’s claim, as previously reported on Property118, energy-efficiency upgrades are hugely expensive and cost thousands of pounds, which are often then passed down onto tenants. The tenant group welcomes the government’s commitment to improving energy-efficiency standards in […]

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 […]