Holiday home hotspots revealed as FHL scheme faces axe

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The UK government’s decision to abolish the furnished holiday lettings (FHL) regime has led one firm to identify the areas most likely to be impacted.

The study by Howden Insurance, using data from the Office for National Statistics (ONS)

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Experts warn of Renters (Reform) Bill eviction loophole

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Private rented sector experts have identified a loophole in the Renters (Reform) Bill that could lead to a confusing patchwork system for landlords and tenants over evictions.

The Bill, which aims to abolish Section 21 ‘no-fault’ evictions might not deliver on this promise.

View Full Article: Experts warn of Renters (Reform) Bill eviction loophole

Custom Clauses For Assured Shorthold Tenancy?

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I’m about to renew an AST and wanted to know if any landlords on this wonderful forum have added any custom clauses to their AST’s that is not obvious/standard?

Out of interest, I normally add the following to my AST’s:

Custom Clause 1.

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This Section 21 court case appeal could impact ALL landlords

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A landmark court case could throw a spanner into how landlords handle tenant communication after the Court of Appeal agreed to hear a second appeal in the case of D’Aubigny v Khan.

The case hinges on whether crucial documents can be legally served by post.

View Full Article: This Section 21 court case appeal could impact ALL landlords

41% of Right to Buy homes are now private rentals

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Research reveals that 41% of properties sold under Right to Buy are now privately rented – that’s around 820,000 homes.

And since 2015, another 109,000 former council homes are now in the private rented sector (PRS), the New Economics Foundation (NEF) says.

View Full Article: 41% of Right to Buy homes are now private rentals

Do we legally have to pay for our tenants’ tree to be felled?

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Hello, I have a question. Our tenants have large and well matured front and back gardens. There is a well established, large tree in their front garden (over 50 years old) which is affecting the neighbour’s garden in as much as because it blossoms throughout the Spring and Summer months they are unable to sit out in their garden as bits come off the tree making it virtually impossible to take food or drink out there.

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Unraveling the Role of Property118: Empowering UK Landlords

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This weekend I asked Chat GPT to “draft a blog to explain the role of Property118 for UK landlords”.

The following what it came up with (unedited) …

In the dynamic landscape of property investment in the United Kingdom

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London’s rents are cheaper than mortgages

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The financial challenges being faced by aspiring homeowners in the capital have been revealed by a study which shows a significant gap between mortgage payments and average rents.

The research by SBA Property Management shows that the difference makes buying a property in London a less attractive option compared to other UK cities.

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Heritage Wills – The Importance of Lasting Power of Attorney

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Amidst the hustle and bustle of our daily lives, it’s important not to overlook planning for the unexpected.

It’s essential to protect our personal affairs and portfolio with measures such as Lasting Power of Attorney (LPA)

Here at Property118

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BoE holds interest rates – but hints at a cut soon

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The Bank of England (BoE) has kept interest rates at a 16-year high of 5.25%, as expected, in a bid to control inflation.

With inflation nearing the bank’s target of 2% – it is currently at 3.2% –

View Full Article: BoE holds interest rates – but hints at a cut soon