Tag: Rent increase

Councils tackle rising temporary accommodation costs with new solution

Author: Property118.com Landlord News Team

13th December 2024, 2 years ago | 4

Councils are spending thousands of pounds on temporary accommodation but a new solution could cut the cost and help tenants...

Rent increase for tenant in situ?

Author: Readers Question

5th December 2024, 2 years ago | 13

Hi, I’m about to complete on a property that comes with a tenant-in-situ who has a periodic tenancy with the...

Rising rents and slow house price growth amid economic uncertainty

Author: Property118.com Landlord News Team

26th November 2024, 2 years ago | 0

Growing uncertainty around the Renters’ Rights Bill has led to more landlords leaving the market and rents to rise, according...

CRUSADER: Was the Budget the death knell for the PRS?

Author: Landlord Crusader

1st November 2024, 2 years ago | 16

In a Budget that surprised no one for being the biggest tax grab in decades, Labour really has shown what...

PRS rents show signs of stabilisation as increases slow

Author: Property118.com Landlord News Team

24th October 2024, 2 years ago | 2

The UK’s private rented sector is beginning to show signs of stabilisation as rent rises are slowing down, research reveals....

The government is to blame for rising rents and homelessness – leading landlord claims

Author: Property118.com Landlord News Team

23rd October 2024, 2 years ago | 19

A Nottingham landlord warns that each new anti-landlord measure will only lead to higher rents and more homelessness. Mick Roberts,...

Chancellor Rachel Reeves eyes capital gains tax hike to 39%

Author: Property118.com Landlord News Team

14th October 2024, 2 years ago | 6

Chancellor Rachel Reeves could hike capital gains tax to a whopping 39%, according to The Guardian. The newspaper reports the...

Older renters fear raising concerns with landlords – Survey

Author: Property118.com Landlord News Team

10th October 2024, 2 years ago | 4

Nearly one in five (18%) older tenants report feeling uncomfortable speaking up about issues with their rented home with the...

Is my letting agent stealing fees they haven’t earned?

Author: Readers Question

23rd September 2024, 2 years ago | 4

In Covid times my letting agent found tenants willing to rent at £1500 pcm for 12 months, who passed referencing...

Landlord and Tenant Rescued from Seemingly Impossible Financial Predicament

Author: Denzel Matsaudza

10th September 2024, 2 years ago | 4

When financial pressures mount, it’s easy to feel like there’s no way out. But this story shows that even the...

My landlord has just increased my rent by £700 per month

Author: Denzel Matsaudza

20th August 2024, 2 years ago | 52

“My landlord has just increased my rent by £700 per month.” That’s what my tenant client said to me last...

What’s the best approach for raising rent for a reliable tenant?

Author: Readers Question

31st July 2024, 2 years ago | 27

Hi, I’ve got a good tenant who’s been paying £800 a month to rent my property. From research on Rightmove...

Buy to let slump – Rents rise as fewer landlords invest in the PRS

Author: Property118.com Landlord News Team

23rd July 2024, 2 years ago | 28

Landlord purchases of rental properties have plunged to a record low, leading to a shortage of rental properties and rising...

Tenant refused rent increase and now arguing deposit issue?

Author: Readers Question

26th June 2024, 2 years ago | 14

I had a new tenant on Universal Credit in September 2000. He accepted a rent increase of £200 in September...

How effective is the Rent Tribunal review?

Author: Readers Question

24th June 2024, 2 years ago | 13

I raised the rent by £140 a month in November 2023 after facing mortgage increases three times that. The tenant...

Can’t gain access for Gas Safety Certificate or EIRC and tenant £5k in arrears?

Author: Readers Question

20th June 2024, 2 years ago | 6

Hi Fellow Members/Readers, I have a long-term tenant (Approx 12 yrs in situ) on an A.S.T. who has always paid...

Landlords see a surge in demand as less choice pushes up rents

Author: Property118.com Landlord News Team

23rd May 2024, 2 years ago | 4

Landlords have seen a surge in tenant demand with tenants chasing fewer properties in the private rented sector (PRS), a...

Rent prices inch up as rental market grapples with supply-demand dynamics

Author: Property118.com Landlord News Team

26th April 2024, 2 years ago | 1

New data reveals the UK’s rental market is experiencing a slowdown in inflation. Nicky Stevenson, managing director of Fine and...

One million renters handed section 21 notices since 2019 – Shelter

Author: Property118.com Landlord News Team

18th April 2024, 2 years ago | 32

Homelessness charity Shelter claims that since the government unveiled plans in 2019 to abolish Section 21 ‘no-fault’ evictions, nearly one...

Struggling landlords are selling up to avoid insolvency

Author: Property118.com Landlord News Team

18th April 2024, 2 years ago | 11

A surge in buy to let landlords exiting the private rented sector (PRS) is being fuelled by an increase in...