Tag: UK

Social housing trust overcharges tenants by £479k

Author: Property118.com Landlord News Team

27th October 2023, 3 years ago | 2

More than 180 tenants of a social housing trust have been overcharged by nearly £500,000, the Regulator of Social Housing...

Landlords still keen to buy despite challenges, survey shows

Author: Property118.com Landlord News Team

27th October 2023, 3 years ago | 5

Nearly a third (32%) of buy to let landlords are planning to buy more property in the next 12 months,...

London’s landlords head North for higher returns

Author: Property118.com Landlord News Team

26th October 2023, 3 years ago | 7

London’s buy to let investors are turning their backs on the capital and looking for opportunities in the North of...

Lib Dems urge landlord MPs to disclose use of Section 21 ‘no-fault’ evictions

Author: Property118.com Landlord News Team

26th October 2023, 3 years ago | 8

The Liberal Democrats have challenged Conservative MPs who are landlords to reveal if they have ever evicted tenants without a...

Home auction market sees more sellers but fewer buyers

Author: Property118.com Landlord News Team

26th October 2023, 3 years ago | 1

More homeowners are turning to auctions to sell their properties quickly in a slowing housing market, but they may face...

Lloyds predicts house prices will keep falling until 2025

Author: Property118.com Landlord News Team

26th October 2023, 3 years ago | 2

Lloyds has warned that the UK’s house prices will continue to fall until 2025 as the economy faces higher interest...

Campaign to stop ‘unfair’ letting agent renewal fees is launched

Author: Property118.com Landlord News Team

25th October 2023, 3 years ago | 12

A property-tech lettings company says high street letting agents are charging landlords up to £1bn a year in unfair renewal...

Renters (Reform) Bill passes its second reading without a vote

Author: Property118.com Landlord News Team

24th October 2023, 3 years ago | 16

The Renters (Reform) Bill passed its second reading on Monday without a vote which means that the proposal to scrap...

Government promises court reform before scrapping Section 21

Author: Property118.com Landlord News Team

23rd October 2023, 3 years ago | 22

The Government has confirmed that it will not abolish Section 21 ‘no-fault’ repossessions until it improves the court system for...

Rishi Sunak to push through Renters (Reform) Bill despite Tory opposition

Author: Property118.com Landlord News Team

18th October 2023, 3 years ago | 29

The government will proceed with the Renters (Reform) Bill with a second reading scheduled for Monday, the Financial Times reveals....

Charities urge PM to deliver Renters (Reform) Bill

Author: Property118.com Landlord News Team

17th October 2023, 3 years ago | 7

A coalition of 30 charities and non-profit organisations has called on Prime Minister Rishi Sunak to deliver the Renters (Reform)...

Tenants finding rent payments harder to afford – ONS

Author: Property118.com Landlord News Team

17th October 2023, 3 years ago | 2

More people are struggling to pay their rent or mortgage in the UK, as housing costs have risen sharply in...

Buy to let profitability rises despite higher costs and inflation

Author: Property118.com Landlord News Team

16th October 2023, 3 years ago | 14

The profitability of buy to let properties in the UK has increased over the last year, according to new research....

Rising mortgage rates hit landlords hard and could trigger a sell-off

Author: Property118.com Landlord News Team

16th October 2023, 3 years ago | 5

Landlords are now paying £15bn in mortgage interest every year as their cheap buy to let mortgage deals end –...

Politicians must consult with landlords before making manifesto promises

Author: Property118.com Landlord News Team

16th October 2023, 3 years ago | 2

The next General Election could see housing become a key issue, as all parties have shown interest in reforming the...

House prices rise at slowest pace since 2008

Author: Property118.com Landlord News Team

16th October 2023, 3 years ago | 0

The average asking price of a newly listed home in the UK has increased by just 0.5% (+£1,950) this month...

Many landlords are not passing higher mortgage costs on to tenants

Author: Property118.com Landlord News Team

13th October 2023, 3 years ago | 12

UK landlords are facing mortgage costs rising quicker than rent increases in the past year – but they aren’t passing...

TMW cuts rates on Buy to Let Switcher range

Author: Property118.com Landlord News Team

13th October 2023, 3 years ago | 0

Landlords who want to switch their buy to let mortgages can benefit from lower rates offered by The Mortgage Works...

Renters face ‘bleak’ future as average rent hits record high

Author: Property118.com Landlord News Team

12th October 2023, 3 years ago | 3

Renters in the UK are facing a ‘bleak’ future as the average rent price has reached another record high of...

Inventory clerks can help landlords avoid fines under the Renters (Reform) Bill

Author: Property118.com Landlord News Team

11th October 2023, 3 years ago | 5

The Renters (Reform Bill), which aims to improve the quality and safety of rental properties, could impose heavy fines on...

NRLA welcomes promise to boost home supply by Labour

Author: Property118.com Landlord News Team

10th October 2023, 3 years ago | 8

The National Residential Landlords Association (NRLA) has welcomed plans by Labour to boost the supply of homes in the UK...