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Leasehold and Freehold Reform Act 2024: New guide helps to navigate...

The Leasehold and Freehold Reform Act 2024, which comes into effect later this month, introduces big changes for landlords, property owners and the conveyancing industry. To help navigate these updates,

0:01 AM, 5th July 2024, About 2 weeks ago | 1

Latest Articles Lettings & Management Property118 News

Most landlords manage properties themselves despite higher costs...

More than half of landlords say they manage their portfolios themselves, treating it as a full-time job. Surprisingly, those who self-manage are often spending more on property management, the survey from...

Landlords struggle with low tenant demand in some areas...

Low tenant demand is causing problems for letting agents and landlords in some parts of the UK, according to new data. While the national picture suggests a healthy rental market, with 78% of properties...

Sadiq Khan blames government failures for rising homelessness...

Temporary accommodation and homelessness spending by councils has soared to £1bn in the last eight years. According to figures by the Local Government Association (LGA), the total amount spent by councils...

0:02 AM, 4th July 2024, About 2 weeks ago | 28

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Holiday lets are not the housing crisis culprit – STAA...

Holiday lets are being unfairly blamed for the UK’s housing crisis, according to a new study by the Short Term Accommodation Association (STAA). Its research shows that in most local authorities,

TMW cuts BTL rates – Accord and Foundation follow suit...

The Mortgage Works (TMW) has announced a reduction in its buy to let mortgage rates for both new and existing customers, with rates starting from 3.69%. The lender’s new rates include: Two-year...

Letting agents urged to lobby new MPs after the election...

Letting agents are being urged to lobby new MPs to help shape future housing policy – irrespective of which party forms the next government. The call to action has been made by Neil Cobbold, the...

General election split as landlords remain undecided and tenants...

With just a day to go until the general election, landlords are still undecided on who to vote for. A study by online letting agents OpenRent reveals that 30% of landlords haven’t made up their...

0:02 AM, 3rd July 2024, About 2 weeks ago | 4

Landlord News Latest Articles Property News Property118 News

Record rents for tenants outside London – Rightmove...

High demand and a lack of available properties are pushing rents outside London to record levels, according to Rightmove. It estimates that 120,000 more rental properties are needed to achieve sustainable...

BTL landlords see rental yields rise...

Landlords across England and Wales are seeing a boost in their rental yields, according to the latest Buy to Let Rental Barometer from Fleet Mortgages. Every region showed an increase in average yields...

Landlord groups call for ‘urgent’ return of the Renters...

In the wake of the 4 July election, landlord groups say the next government must pass the Renters (Reform) Bill as a matter of ‘urgency’. The plea is being made by the National Residential...

Student rents outpace loans to threaten university choice...

University students in Britain face a growing affordability crisis as rental costs for purpose-built student accommodation (PBSA) outpace the rise in maintenance loans – putting some universities...

Labour’s housing pledge faces a reality check...

It will be impossible for Labour to build 1.5 million homes over the next Parliament, according to new data. Research by estate agents Yopa reveals Labour’s pledge will be extremely hard to achieve...

Tenants in situ cut property prices by 15%...

While a sitting tenant in a property can be a dream for buy to let investors, offering immediate rental income and peace of mind, finding such an opportunity is a challenge. Lomond, a buyer of estate...

Rents continue rising as London breaks the £2,000 barrier...

Rents in England have continued their upward trend in June – rising by 6.7% year-on-year, according to the Goodlord rental index. This increase puts the average rent at £1,225 per property, compared...

The Times wants to speak to landlords about selling up amid a...

Are you a landlord who is rushing to sell before an incoming Labour government? Then, Lucy Alderson, The Times and The Sunday Times money reporter would like to speak with you. Data shows the number of...

13:30 PM, 1st July 2024, About 2 weeks ago | 2

Landlord News Latest Articles Property118 News

Keir Starmer: Not all landlords are evil...

In a heated interview on BBC Radio 5 Live, Keir Starmer declared, “not all landlords are evil,” but slammed some for driving up rents through bidding wars. The Labour leader took questions from listeners...

UK house prices edge up but remain below 2022 peak...

The UK’s house prices showed modest growth in June as prices edged up by 0.2% in June compared to May, resulting in an annual increase of 1.5%, Nationwide reports. Its latest house price index also...

9:45 AM, 1st July 2024, About 2 weeks ago | 0

House Prices Latest Articles Property118 News

Some landlords are unaware they could face fines and RRO issues...

A legal expert is warning that some landlords are still not aware that they are unwittingly breaking the law in selective licensing areas because they don’t know they need to have a license to operate.

0:02 AM, 1st July 2024, About 2 weeks ago | 2

Latest Articles Property118 News Selective Licensing

NRLA blasts politicians for ignoring housing benefit crisis...

The NRLA has slammed political parties’ failure to address housing benefit rates. More than 1.5 million households rely on Local Housing Allowance (LHA) to help pay rent. According to the NRLA,

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