Homeless charity Shelter is calling for the scrapping of council tax discounts on second homes and property that stands empty. A new study looking at ways to maximise the use of existing housing reckons ending the discount would raise £42 million a year that councils and the government could divert to improving housing supply.  […]

Paul Shamplina has over twenty years experience in the legal field, originally working as a clerk, private investigator, debt collector and certified bailiff. As co-founder and director of Landlord Action, the market leaders and longest serving independent company specialising in fixed-fee tenant eviction and debt recovery, he has acquired a reputation as the landlord’s friend. […]

According to The Association of Independent Inventory Clerks (AIIC), many landlords are still unaware of even basic health and safety rules when leaving their properties for rental.

Please join me and lot’s of other property investors at the Ipswich Property Network on the evening of Monday 11th April.  I will be presenting a variety of my property investment strategies and an overview and further insight into the development of Property118.com.  More details HERE

The latest lender statistics showing house prices have slumped by 0.1% in a month are next to meaningless. The cost equivalent of the price fall is around £163 since February for the owner of an average home and the percentage change is considered as rounding to most mathematicians.

  Skipton Building Society has launched a 4.49% 24-month fixed rate and a 5.49% 36-month fixed rate, both available up to 60% loan to value.

Buy to let homes are standing empty for less time as demand from tenants continues to hot up. Landlords can expect rental home voids of just 2.8 weeks a year –down from 3.5 weeks compared with a year ago.

Sequel to Frazer Fearnhead’s popular Guest Blog It’s amazing what you uncover upon conducting a check out inspection. Below are the top 7 nightmare cases inventory agents from The Video Inventory Agency have discovered.

If you’ve invested into a business or commercial building (no time limit) then you could be due a SUBSTANTIAL tax rebate.

The big worry for buy to let landlords and homeowners is how their finances will cope when mortgage rates start to rise. Many landlords are coping with their finances because mortgage rates have dropped – but they have two concerns.  First, is how much extra tax they might have to pay if interest rates stay […]

The media and do-gooders are quick to jump on the ‘rogue landlord’ bandwagon to answer the clarion call of rough justice for the less well off, but this support is not always justified. Pressure groups and charities plug in to well-paid media professionals to hype their campaigns to grab headlines, and sometimes readers have to […]

About a year ago Mark Alexander predicted that Equity Release mortgage providers would enter the buy to let lending business.  With most traditional lenders insisting that buy to let mortgages are repaid at age 75, it looked as though the only real choice for borrowers with an interest only mortgage was going to be to sell their […]

Landlords selling buy to let property could be hit by a new tax if the government takes up a proposal from a leading bank aimed at making buying a home cheaper. HSBC wants the government to reverse stamp duty laws and make the tax payable by sellers rather than buyers. This could cut the purchase […]

Housing minister Grant Shapps has publically backed a web site advertising rent-to-buy homes. The scheme seems to promote lease option purchases that are popular in the US and Australia but rarely seen in the UK. The web site – www.tryitbuyitproperty.com – matches homeowners who have problems selling with potential buyers who cannot raise a mortgage.

There are already several LinkedIn Groups for UK property investors but none that we’ve found appear to offer a Directory of daily news relating to the property industry. For this reason Property118.com will be publishing their latest news to this new group which can be found here.

Shared house landlords can expect a surge in inquiries from tenants as the government changes the rules on paying housing benefit to singles. From January, singles aged under 35-years-old can only ask for cash to cover sharing a room in a house in multiple occupation (HMO) rather than self-contained housing. 

Thousands of home hunters are besieging letting agents to snap up buy to lets as the mortgage famine bites and stops them buying their own homes. Sequence Lettings, part of Skipton Building Society property firm Connells, has seen a 37% increase in the number of prospective tenants signing up to view homes.

The industry-voice of Britain’s mortgage lenders has already slammed a European Commission proposal to help borrowers before appearing to read the document in detail. The Council of Mortgage Lenders (CML) claims more moves to protect consumers are unnecessary because the UK already has a highly regulated financial services industry. 

Councils protesting at how Housing Minster Grant Shapps reversed house in multiple occupation planning rules have started a legal challenge against his decision in the High Court.

Do you think this is fair publicity? I can’t wait to read your comments on this one!!! Read comments below

When you consider that property118.com was launched just seven weeks ago it’s quite amazing that we are already ranked as being the 9,869th busiest website in the UK.