Property118.com News Team

Auditor says Selective Licensing DOES push up rents and cause homelessness

Auditor says Selective Licensing DOES push up rents and cause...

A council’s Selective Licensing scheme has been slammed by an external auditor – just as the council unveils a consultation process to start a new scheme in August – with critics saying the scheme...

How tenants can reduce their rents in major cities

How tenants can reduce their rents in major cities...

Research has revealed where tenants in several cities could cut their renting costs by up to half. The findings from Barrows and Forrester highlights that tenants could save by searching for homes to rent...

Citizens Advice calls for ‘Awaab’s law’ to be extended to PRS

Citizens Advice calls for ‘Awaab’s law’ to...

A charity is calling for a new law aimed at cracking down on mould issues in social housing to be extended to private housing landlords. Citizens Advice is urging the government to bring regulation of...

Two-year fixes brought back by Fleet Mortgages

Two-year fixes brought back by Fleet Mortgages...

The specialist buy-to-let lender Fleet Mortgages has revealed that it has brought back its two-year fixed-rate products for landlord borrowers. The firm also says that it is launching a new range of five-year...

Affordability for BTL investors bounces back

Affordability for BTL investors bounces back...

The loan sizes being offered to buy to let investors have bounced back after last autumn’s market contraction, data reveals. According to Mortgage Broker Tools (MBT), an analysis of real cases processed...

Agent requesting 2 months notice on a periodic tenancy?

Agent requesting 2 months notice on a periodic tenancy?

Hello, I’m hoping the Forum can help me. Bit of a different one as the advice needed is for a tenant rather than a landlord. My niece has a periodic tenancy after the fixed term lapsed. In the initial...

Selling homes for £1 is a ‘politically-led housing gimmick’

Selling homes for £1 is a ‘politically-led housing gimmick’...

A promise to sell homes that have been empty for a long time for just £1 by Scottish Labour has been slammed as a politically led housing gimmick by a leading property firm. DJ Alexander Ltd, Scotland’s...

Rent yields outstrip house price rises

Rent yields outstrip house price rises...

The UK’s highest average rental yields are in Bradford where they currently stand at a massive 11.06%, according to a new report. Data from debt advisory specialists, Sirius Property Finance, revealed...

Landlords selling up take a 30% hit to quickly exit the sector

Landlords selling up take a 30% hit to quickly exit the sector...

One property auction firm says that more than a third (38%) of their current lots are from buy-to-let investors looking to get out of the market quickly. And it claims that some landlords are willing to...

Landlord Licensing & Defence – How landlords and agents can avoid council fines and penalties

Landlord Licensing & Defence – How landlords and agents...

Landlords face an increasingly difficult situation as councils look to set up or expand their mandatory licensing schemes – leaving unsuspecting landlords with the prospect of paying thousands of pounds...

Mortgage rate rises sees landlords increasing rents

Mortgage rate rises sees landlords increasing rents...

Seven in ten (68%) landlords plan to raise rents if their mortgage rate goes up when they come to remortgage, according to a new survey.  The mortgage platform, Landbay, revealed almost half (44%) of...

Fear of harrasment/ threatening behaviour claim?

Fear of harrasment/ threatening behaviour claim?

Hi everyone, it had to happen. I have got my hands on some troublesome tenants. My fear is the chance of a harassment/threatening behaviour claim by them and thus a possible rent repayment order. It is...

HMO/MUFB rates lowered by Landbay

HMO/MUFB rates lowered by Landbay...

Landbay has revealed that it is reducing rates for buy-to-let loans on houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFBs). The lender is also reintroducing products for first time...

Buyer demand up but house prices remain static

Buyer demand up but house prices remain static...

The number of agreed sales is returning to near 2019 levels having recovered strongly from a 30% drop in the aftermath of the mini-Budget, according to a new report.  The Rightmove House Price Index reveals...

Rising demand causes mismatch with 11 tenants chasing every 10 properties

Rising demand causes mismatch with 11 tenants chasing every 10...

The number of people looking to rent rose sharply in January, according to a new report. Information from the Propertymark association Housing Insight Report covering the period between 31st January -13th...

Landlords reporting rent arrears and void periods all down

Landlords reporting rent arrears and void periods all down...

Paragon Bank commissioned a survey of over 750 landlords by BVA BDRC, which has reported a decrease to 32% of landlords confirming that they have had at least one tenant in rental arrears during the previous...

Landlords spending thousands of pounds more than expected on EPC improvements

Landlords spending thousands of pounds more than expected on...

Landlords have spent nearly £9,000 on improvements to meet proposed EPC requirements, according to new research.  The findings from Shawbrook Bank reveal that landlords have spent an average of £8,900...

Think Tank claim Private rental property should be ‘acquired’ for social housing!

Think Tank claim Private rental property should be ‘acquired’...

Apparently, the private rented sector (PRS) needs to be repurposed to create a new generation of social homes, according to a charity think tank.  The report from the New Economics Foundation (NEF) says...

Official ONS report on house price inflation

Official ONS report on house price inflation...

Average UK house prices reached £294,000 in December 2022 – £26,000 higher than 12 months ago, according to the Office for National Statistics (ONS).  The latest UK House Price Index from the ONS...

Fire safety tax for developers could ‘curb UK home building’

Fire safety tax for developers could ‘curb UK home building’...

The top five UK home builders are likely to be disproportionately hit by hefty taxes, according to Bloomberg Intelligence.  Large UK home builders such as Taylor Wimpey, Bellway and Berkeley are likely...

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Thursday 14th July 2011

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