News

One of three tenants is leaving a student HMO?

Hi Everyone, My daughter is at university and sharing a 3-bedroom HMO with two other tenants, and one is moving out.
The remaining two tenants are happy to take over the tenancy and replace the leaving tenant’s share of the deposit.

Landlords: Should You Hold or Sell Before Time Runs Out To Act Before The Renters’ Rights bill becomes law?

Landlords across the country are facing a dilemma: with rising costs, new legislation, and market uncertainty creating a perfect storm, many landlords are left wondering — should I hold onto my properties or sell before it’s too late?
The property mark…

Practical Guidance for Property Owners with “Guaranteed Rent” Agreements

If you’ve let your property to a serviced accommodation provider who promised “guaranteed rent,” the recent VAT ruling in HMRC v Sonder Europe Ltd could significantly impact your arrangement. Here’s how you can protect yourself and na…

London reclaims BTL crown as Northern hotspots surge

London has emerged as the dominant force in the UK’s buy to let market in 2024, experiencing a 13% increase in new landlords, data reveals.
The findings from Simply Business show this follows a period of slower growth in 2023

Buy to let mortgage possessions rocket by 73%

The latest quarterly update from UK Finance reveals there were 710 buy to let mortgage possessions in the third quarter of last year.
It says the figure remains unchanged from the previous quarter but marks a huge 73.2% increase compared to the same qu…

Landlord wins Appeal Court case on service of tenancy documents

The Court of Appeal has ruled in favour of a landlord, confirming they can serve essential tenancy documents by post.
The National Residential Landlords Association (NRLA) intervened in the case, which had the potential to impact landlords and letting…

Local Authority want to put the local housing allowance rate on the AST?

Hello Everyone, I am in the process of letting my property through a council.
The rent is higher than the local housing allowance rate so the Local Authority (LA) said they will be covering the shortfall.
However

Housing market shows mixed signals

House prices in England and Wales are on the rise again with an annualised growth of 1.9% – which is below the rate of inflation.
A report from Home.co.uk, also reveals that rents in London have fallen sharply in recent months

Is my tenant still protected by the ‘Protected Tenancy’?

Hello, I bought a property in 2003 which had tenants in situ with a protected tenancy. They had been moved in very recently by a property company which had bought their previous rented property.
A tenancy agreement was set up by the property company de…

Scottish Housing Bill will destabilise the market and drive landlords out says Meghan Gallacher MSP

The Scottish Housing Bill is an attack on the private rented sector, says Meghan Gallacher MSP.
In an exclusive video interview with Property118, Meghan, who is also the Scottish Conservative shadow cabinet secretary for housing, blames the SNP’s Scott…

Landlords could see tenants moving in without paying rent

Real estate firm Knight Frank has issued a stark warning that tenants could move into properties without paying any rent once the Renters’ Rights Bill becomes law.
The government’s bill will prohibit any rent payment before a tenancy agree…

Fewer than 10% of homes will be SDLT free from April

There will be a big drop in the availability of stamp duty-free homes from April 1st when the current stamp duty relief reverts to previous thresholds, research reveals.
Yopa says that currently, a third of properties for sale in England offer the poss…