Page 96 – Property118
Scottish Parliament building, Scottish flag and text Stage 2 passed

Scottish Housing Bill passes stage two as rent cap amendment approved

6th June 2025

The Scottish Housing Bill has passed stage two of scrutiny by a cross-party committee of MSPs. More than 600 amendments were proposed, one of the highest totals for any legislation in the Scottish Parliament’s history. One of the amendments agreed during stage two will allow rents in rent control areas to rise in line with […]

Red arrow pointing down over a house and a British pound sign

House prices dip in May as market remains resilient

6th June 2025

The UK’s house prices saw a slight drop of 0.4% in May, following a modest 0.3% rise in April, according to Halifax. The average property price now stands at £296,648, down by £1,150 from £297,798 last month. Despite this dip, the housing market has remained largely stable throughout 2025, with prices only 0.2% lower since […]

Wooden house on sliding blocks and text Mortgage and New

Pepper Money unveils HMO mortgage amid shifting BTL landscape

6th June 2025

Pepper Money has unveiled a new House of Multiple Occupation (HMO) mortgage product for both limited companies and individual landlords. It’s available for existing HMO houses with up to six bedrooms. The move follows Pepper Money’s re-entry into the buy to let last month. It says the HMO mortgage is designed to address a gap […]

Black question mark, wooden dominoes against an umbrella and a small wooden house

Who is responsible for buildings insurance in a share of freehold property?

6th June 2025

Hello, I’m hoping for some advice or a steer in the right direction. I own a first-floor flat with a BTL mortgage in a converted residential property where I have a share of freehold with the ground floor flat. For a few years, the previous owner had an agreement where they got buildings insurance for […]

Row of houses in London with for rent signs

London’s PRS sees a surge in available properties

6th June 2025

London’s PRS is experiencing a boost in available properties, providing tenants with greater choice and potentially less competition. According to a study by Benham and Reeves, there are 40,067 rental homes currently listed across the capital. Of these, 16,116 properties, that’s around 40%, have become available in the past 30 days, indicating a fresh influx […]

House with EPC graph on the roof, a pin in a target and 2028 text

Government’s EPC targets for landlords are ‘unrealistic’ – NRLA

5th June 2025

The government’s ambitions to boost the energy efficiency of private rented homes are ‘unrealistic’, the National Residential Landlords Association (NRLA) warns. Current proposals suggest that landlords may have less than two years to improve more than 2.5 million properties to meet a minimum energy efficiency rating of C. The plan outlines that this standard will […]

Businessman with hands open with the Houses of Parliament in the background

Landlords need more clarity over the Renters’ Rights Bill

5th June 2025

With just a few of the more than 280 amendments being taken up for the Renters’ Rights Bill, more clarity on its impact is needed, says one industry leader. Allison Thompson, the national lettings managing director at LRG, says she is disappointed that so few amendments to improve the Bill have been added. She says […]

Person calculating mortgage costs with house model on desk.

More BTL lenders cut rates and raise LTV limits

5th June 2025

Another batch of buy to let lenders have made changes to their landlord offerings with Market Financial Solutions reducing rates across its fixed-rate bridging loan portfolio. Residential single loans now start at 0.70%. The rate cuts extend to portfolio loans, second charge, light development, semi-commercial, commercial and development exit loans, with lower rates also available […]

A model house next to a calculator and pen sitting on a spreadsheet, paragon logo

Landlord demand helps fuel 25% lending growth at Paragon

5th June 2025

Paragon Bank has reported a 25% rise in new buy to let lending for the first half of its financial year. It reached £812.2 million compared to £649.3 million in the same period last year. The surge, the bank says, reflects strong demand from landlords responding to a persistent shortage of rental properties. Paragon’s mortgage […]

Row of houses and UK bank notes

Investors turn to HMOs for higher yields

5th June 2025

Property investors are being urged to convert properties into HMOs to achieve higher yields. According to Excellion Capital, purchasing a three to four-bed property and converting it into a six-bed HMO could cost a £512,340 in England, but the average yield achieved is 10%. The firm say lenders are highly attracted to HMOs, and bridge […]

Scales of Justice symbolising the legal balance in Wirral’s selective licensing challenge.

City landlords sign up to sue council over ‘extortionate’ licensing fee

4th June 2025

A city council is facing legal action, which has been joined by 40 landlords, to tackle its ‘unreasonably extortionate’ selective licensing application fee. Letting agents are also signing up to target the council’s £1,290 per property charge, which landlords argue is unjustifiably steep compared to other cities. The legal action, by leading letting agent Martin […]

Row of houses with the text Rejected

Council unveils plan to curb HMO growth

4th June 2025

A council which is grappling with the rapid rise of houses in multiple occupation (HMOs) has unveiled plans to restrict them in future. With more than 2,300 currently operating, the local authority has unveiled a draft local plan designed to impose stricter controls on HMO, the Southend Echo reports. Southend Council says it wants to […]

Cottage with backdrop of mountains and lake, and a Council tax bill sign

Holiday home landlords ‘flip’ properties to avoid new council tax charge

4th June 2025

A loophole allowing holiday homeowners to sidestep council tax by registering properties under the business rates system is costing the UK government £334 million annually, experts say. Colliers warns that despite tightened regulations; second homeowners are exploiting the system by renting out properties for just 10 weeks a year to qualify as small businesses. Doing […]

Coins stacked with a blue arrow pointing upwards and the words RENT balanced on top of the coins

Landlords plan rent rises before Renters’ Rights Bill becomes law

4th June 2025

Nearly half of Britain’s buy to let (BTL) landlords (44%) are set to increase rents ahead of the Renters’ Rights Bill becoming law. That’s according to a Landbay survey which found that higher rents will impact tenants who could see an average monthly rent rise of £74 – or a 6% increase. Increasing the rent […]

Map of Ireland with a pin in Northern Ireland

Proposed Northern Ireland Bill aims to limit unfair letting fees

4th June 2025

A new Bill being proposed in Northern Ireland aims to address excessive fees being charged to tenants by letting agents in the private rented sector. The Private Member’s Bill, spearheaded by Ciara Fergurson, the MLA for Foyle, seeks to ensure renters are not burdened with unreasonable costs. Now Propertymark has voiced its concerns about the […]

Scottish flag

Are you a landlord in Scotland who is selling?

3rd June 2025

Are you a landlord in Scotland who is selling up? Then, The Sunday Post would like to hear from you. The paper is doing a feature on how landlords are quitting the sector in large numbers due to new legislation proposed in the Scottish Housing Bill being introduced by the Scottish government. The Sunday Post […]

Mayor promotes Good Landlord Charter to improve housing standards in Greater Manchester

Greater Manchester mayor wants to tackle ‘profiteering landlords’

3rd June 2025

Greater Manchester’s mayor, Andy Burnham, has slammed the region’s housing system which is facing a £75 million temporary accommodation bill for families facing eviction. Speaking on BBC Radio Manchester’s ‘Mayoral Hotseat’, Mr Burnham called for a comprehensive restructuring of housing policies, pointing to a sharp rise in households requiring temporary homes. He targeted ‘profiteering landlords’ […]