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Apr
22

Unoccupied property insurance for landlords

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Leaving a rented property unoccupied can spell trouble for landlords.

This is where unoccupied property insurance comes in and can help when the property is left empty between tenancies.

Here at Property118, we have teamed up with The Home Insurer who can help with unoccupied property insurance and could help save you money.

View Full Article: Unoccupied property insurance for landlords

Apr
22

Help – Energy supply dispute?

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Hi, in short: this is an EDF supply dispute. Our last tenant had an account with EDF for electricity. The new tenant has asked to have the account released so they can sign up with another supplier.

EDF has refused for 5 months to release the account

View Full Article: Help – Energy supply dispute?

Apr
22

UK house prices rise as top-end market booms

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Asking prices for new properties are on the rise, with the average price reaching near-record highs, according to Rightmove.

This increase is being driven by the top-end of the market which is seeing its strongest start to a year for price growth since 2014.

View Full Article: UK house prices rise as top-end market booms

Apr
19

Tenant evictions: It’s time for an uncomfortable conversation

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Dear tenants everywhere, I hope all is well and for the majority of you who don’t know about the Renters (Reform) Bill, that life continues to be sweet. For the few renters who are aware of the upcoming law

View Full Article: Tenant evictions: It’s time for an uncomfortable conversation

Apr
19

Renters (Reform) Bill heads for key stage in Parliament

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The Renters (Reform) Bill, designed to shake up the private rental sector (PRS) in England, is nearing a key stage in its passage through Parliament.

It is scheduled for its report stage and third reading next Wednesday (April 24)

View Full Article: Renters (Reform) Bill heads for key stage in Parliament

Apr
18

Tenants in England and Wales are staying put for longer – DPS

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The last four years have seen a big jump in tenancy lengths in England and Wales as tenants are staying for 218 days longer.

That’s according to research from the Deposit Protection Service (DPS) which says renters are now staying in their properties for an average of 924 days –

View Full Article: Tenants in England and Wales are staying put for longer – DPS

Apr
17

Are landlords missing a trick that could cost them 30% of the value of their properties?

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It’s a mixed bag for landlords at the moment, with uncertainties around EPC regulations and the stress of mortgage repayments. For accidental landlords, or older landlords who’ve been hit badly by the rise in interest rates, there’s a rush to cut their losses and sell.

View Full Article: Are landlords missing a trick that could cost them 30% of the value of their properties?

Apr
17

UK rents reach the highest level on record – ONS

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Renting costs in the UK continue to grow with average rents jumping by 9.2% in the year to March – the steepest annual rise since data collection began in 2015.

The figures from the Office for National Statistics (ONS) follow previous rent rises

View Full Article: UK rents reach the highest level on record – ONS

Apr
17

Section 21 with no lease – Help!

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Hi, I bought my first buy to let house in 2012 with a tenant in situ, and being naive and inexperienced, I never thought to issue a lease as my solicitor at the time arranged with the selling agent to have the rent payments paid directly into my bank account.

View Full Article: Section 21 with no lease – Help!

Apr
17

Welsh Government considers abolishing LTT Multiple Dwellings Relief

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Landlords in Wales need to know about a Welsh Government consultation for the public to give its views on changes to the Land Transaction Tax (LTT).

The consultation focuses on two main proposals: abolishing relief for purchases of multiple dwellings and extending existing relief to local authorities when buying property for social housing.

View Full Article: Welsh Government considers abolishing LTT Multiple Dwellings Relief

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