Property118.com News Team

Autumn Statement 2022 – Landlord Reactions

Autumn Statement 2022 – Landlord Reactions...

The Chancellor of the Exchequer, Jeremy Hunt, has today announced his Stealthy tax threshold increasing budget in a plan to preserve stability, promote growth and protect public services. Whilst on the...

Property damage and cleaning top tenancy deposit disputes

Property damage and cleaning top tenancy deposit disputes...

More than half of tenancy deposit disputes during the last year concerned property damage and cleaning, The Deposit Protection Service (The DPS) reports. The DPS offers a free, impartial dispute resolution...

Government’s PRS strategy is ‘in tatters’

Government’s PRS strategy is ‘in tatters’...

Government policy has left the private rented sector (PRS) ‘in tatters’ as figures show the number of homes to rent falling, but tenant demand continues to rise. The criticism comes from the...

Shelter staff announce strike – workers ‘unable to pay rent’

Shelter staff announce strike – workers ‘unable to...

More than 500 workers at the housing charity Shelter will stage a two week strike next month, in response to the organisation’s management attempt to impose a real terms pay cut on its staff. Unite...

Welsh Government unveils a social housing rent cap

Welsh Government unveils a social housing rent cap...

Social housing landlords in Wales will face a rent cap of 6.5% from next year – and there’s an eviction ban on tenants who engage with their social housing landlord. Climate change minister...

NRLA proposal on anti-social behaviour accepted by the Government

NRLA proposal on anti-social behaviour accepted by the Government...

The Government has accepted a proposal from the National Residential Landlords Association (NRLA) to tackle anti-social tenants who cause misery for neighbours and fellow tenants alike. Felicity Buchan,

Breaches of the Land Registry’s Charges Register?

Breaches of the Land Registry’s Charges Register?

Hello, I’m looking for some help, please. One of my rental properties is an ex-local authority terrace. The immediate neighbour of my property has not maintained his house or garden since he bought...

The UK’s house prices stall – but rents rise

The UK’s house prices stall – but rents rise...

The UK’s average house price increased by 9.5% over the year to September, down from 13.1% in August, data from the Office for National Statistics (ONS) reveals. The latest house price index shows...

London’s rental prices reach record high weekly price

London’s rental prices reach record high weekly price...

New figures show that London’s rent prices have reached record highs, as rising interest rates and lack of supply put pressure on rents, Foxtons reports. In October, rents reached a new record high of...

1 in 5 landlords are looking to reduce portfolios

1 in 5 landlords are looking to reduce portfolios...

Landlords are making big adjustments to their portfolios to meet the cost-of-living crisis, research reveals. According to Handelsbanken, nearly three in five (60%) landlords say they are preparing to...

£82.7bn worth of rental properties occupied by fraudsters

£82.7bn worth of rental properties occupied by fraudsters...

The rental sector has long been a leading target for fraudsters, criminals and money launderers with previous research estimating that 5% of all rental stock is being let to criminals. Ocasa, the specialist...

Inventories provide landlords with a ‘last line of defence’

Inventories provide landlords with a ‘last line of defence’...

Landlord and agent fears over controversial Government proposals for the private rental sector (PRS) would be eased by the adoption of a rigorous, professional inventory policy, says one industry boss.

RICS says that the EPC scheme ‘needs improvement’

RICS says that the EPC scheme ‘needs improvement’...

With residential landlords facing the prospect of meeting an EPC rating of C by 2025 for their rental properties, comes news from the Royal Institution of Chartered Surveyors (RICS) that EPCs are no longer...

Rents pass £1,200 for the first time

Rents pass £1,200 for the first time...

The average rent on a newly let home in Great Britain rose to £1,204 per month in October, up £80 or 7.1% year-on-year, costing the average tenant an extra £960 each year, data reveals. The findings...

Landlord group pushes for publication of new MEES rules

Landlord group pushes for publication of new MEES rules...

The landlord association iHowz has written to three Government ministers urging them to publish the new domestic Minimum Energy Efficiency Standard (MEES) rules so landlords can prepare to meet them in...

Council tax bills equate to 37.5% of a tenant’s rent

Council tax bills equate to 37.5% of a tenant’s rent...

With rumours that the Government might be about to increase council tax bills in its Autumn Statement comes news that hard-up tenants are already paying council tax equivalent to 37.5% of their rent. Ocasa,

Propertymark slams extension to no-fault notice periods in Wales

Propertymark slams extension to no-fault notice periods in Wales...

All new tenancies in Wales from 1 December will have a statutory six-month no-fault notice period, while existing tenancies that convert to occupation contracts will see the extension under the Renting...

Mayor of London calls for emergency private renting summit

Mayor of London calls for emergency private renting summit...

The Mayor of London, Sadiq Khan, has called for an emergency private renting summit – but landlords aren’t invited. He will bring together private renters, charities, advocacy groups and politicians...

HMRC is targeting residential landlords with ‘nudge letters’

HMRC is targeting residential landlords with ‘nudge letters’...

HMRC is targeting residential landlords in its latest ‘nudge campaign’ that it suspects are not declaring their full rental income, warns tax advisers Kreston Reeves. The campaign comes in...

Average house price falls £4,159 in a month

Average house price falls £4,159 in a month...

The average price of a property in the UK fell by 1.1% or £4,159 in October, data from Rightmove reveals. And despite the weight of financial uncertainty, the fall is in line with the average 1.1% drop...

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Thursday 14th July 2011

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