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News

Soft Landing for 2023?

The Nationwide House Price Index for December reports the fourth monthly decline of growth in a row with December at 2.8% positive.
The reported divide between the strongest and weakest regions was the lowest since the Society’s regional indices began …

Soft Landing for 2023?

The Nationwide House Price Index for December reports the fourth monthly decline of growth in a row with December at 2.8% positive.
The reported divide between the strongest and weakest regions was the lowest since the Society’s regional indices began …

Bid to mandate second staircases to make buildings safer

The Government is proposing to mandate second staircases in new residential buildings that are more than 30m high in a bid to boost safety.
This is the latest step in updating the statutory guidance on building regulations for new buildings to ensure t…

Bid to mandate second staircases to make buildings safer

The Government is proposing to mandate second staircases in new residential buildings that are more than 30m high in a bid to boost safety.
This is the latest step in updating the statutory guidance on building regulations for new buildings to ensure t…

Student landlords face losing out on £3.2 million in rent

The cost-of-living crisis is hitting students so hard that landlords could miss out on £3.2 million as they consider moving out, research reveals.
The findings from insurance firm Adrian Flux highlight that 60% of students are thinking of moving out of…

Robert Mellors: From being homeless to housing homeless people

In the run-up to Christmas, there was a reader’s question on Property118 about landlords setting up a charity to help house the homeless and one of those who responded was Robert Mellors.
He runs Choice Housing Trust which is a not-for-profit hou…

Affordability will hit tenant demand and rent rises in 2023

The prospect for big rent rises in 2023 is slim with affordability already hitting a tenant’s ability to pay rent, one analysis reveals.
According to Zoopla, rents rose by 12.1% in 2022 but rent now accounts for 35% of a renter’s income.

Does a freeholder extension automatically become communal?

Hello, The freeholder of a block of flats in which I own one (20 in total) built an extension in order to access two additional Penthouse flats which he built and then sold on. The only way to access the new flats was for him to build this extension in…

The best city for buy to let investment revealed

The best city for buy to let investors isn’t London – it’s a city that has robust property prices and strong rental demand, a Buy to Let City Tracker reveals.
According to Aldermore, the best location for BTL investors is Manchester w…

Government names and shames three failing social landlords

The government has named and shamed three more failing social landlords – with Michael Gove urging lawyers to direct tenants to the Housing Ombudsman to save them time and money.
Mr Gove is now demanding answers and action from Orbit Housing

70,000 BTL landlords exited the PRS this year

An accountancy firm says that 70,000 buy-to-let landlords have exited the UK’s rental market over the last 12 months.
UHY Hacker Young analysed HMRC data and reveals that the UK’s 2.82 million landlords in 2021 have now fallen to 2.75 million.

Property market predictions for 2023

With signs that the UK’s property market is cooling, experts from across the property sector have shared their thoughts on what’s to come in 2023 – including rents rising by a further 10% as a lack of supply begins to bite.

Limited Liability Partnerships “LLP’s” for Landlords Q&A

Aside from tax, what are the pros and cons of holding UK rental properties in an LLP structure?
ANSWER >>> Holding UK rental properties in a limited liability partnership (LLP) structure can have both advantages and disadvantages. Some of t…

Welsh Landlords – Set Up to Fail?

Are private landlords in Wales being set up to fail with the new legislation?
The recently implemented Renting Homes (Wales) Act has automatically replaced all existing ASTs with a new “Occupation Contract” from 1 December 2022.
All landlor…

Level C on EPC £££

Do most landlords realise the impact of the cost to get to a level C EPC if this becomes legislated as a requirement?
We have a property that was fully renovated 5 years ago to full building regs.

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