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My tenant wants me to issue her a Notice to Leave?

My tenant is a single mother with two children aged 8 and 2. She has been my tenant for the last 3 years. Her rent has always been below market.
This year I suggested that when her annual tenancy expires on 20 April 2025 she pays the market rate (£1250…

Redress scheme sees surge in complaints and member expulsions

The Property Redress Scheme (PRS) says that the top three complaints about agents last year are the same as in 2023.
They are issues with holding deposits, substandard service and oversight, and difficulties with tenancy fees and rent gathering.

Home sellers cut prices before the stamp duty deadline

Homeowners are reducing asking prices ahead of the forthcoming stamp duty change, particularly for properties under £250,000, research reveals.
An analysis by GetAgent.co.uk reveals a surge in price drops as sellers attempt to offset the rising tax bur…

Property Investors Awards – New Property Investor of the Year

With a property business inspired by her last name, Olivia Hornby is certainly on track for success.
Winning New Property Investor of the Year at the Property Investors Awards was an unexpected surprise, but it has given her a huge confidence boost an…

Civil courts and property tribunals need more investment to handle Renters’ Rights Bill

A firm warns without investment in the civil courts and property tribunals, landlords could be left in limbo in trying to regain possession of their properties.
Proptech firm Reapit says, despite the government’s funding boost for criminal courts

Widowed tenant in care home permanently?

Hi, I have a long term widowed tenant who went into a care home with dementia in August, for assessment. She has no children, and only a brother who is not our tenant.
Her social worker has told me that she will be staying at the care home and not retu…

It’s now cheaper for first-time buyers to buy than rent

First-time buyers can save 20% when they buy their first home rather than renting, research reveals.
Zoopla says that first-time buyers in Great Britain face average monthly mortgage payments of £1,038 – which is 20% less than the typical rent of…

New tenant decided to not proceed with tenancy on start date?

Hello, I would welcome any thoughts on this situation.
An agreement was reached with a tenant applicant after he had viewed the flat. The applicant signed an AST agreement to commence a 6 month rental on 9th March.

Lease extension – tax implication?

Dear All, I own a leasehold flat (56yrs remaining, owned in my personal name) in a converted house with 2 other flats in the building. Both of the other flats have long leases (>900yrs at peppercorn).
The freeholder wants to sell his interest and i…

Industry body warns rental reforms could drive up rents and reduce supply

Propertymark letting agents argue “overly restrictive regulations” will hurt supply and drive up rent prices.
Propertymark members are warning members of the House of Lords that the Renters’ Rights Bill could make it difficult for people to find affor…

Renters’ Rights Bill sparks more chaos: Are landlords and letting agents doomed?

It’s not even law yet but the dreaded Renters’ Rights Bill has spread its tentacles from landlords and tenants to letting agents.
That might come as a surprise to lots of readers, but it appears that smaller agencies are taking their cue to…

Nightmare Tenants, Compliance Issues, and Coal Mines: We Still Sold This Portfolio for £700K

We’ve said it before, and no doubt you’re experiencing it now: it’s a tough market for landlords. With increasing compliance costs, unreliable tenants, and a rapidly changing property landscape, you’d be forgiven for thinking that it’s time to throw in…

UK house prices dipped slightly in February – Halifax

The average UK house price dipped in February by 0.1% to £298,602, though year-on-year prices rose by 2.9% – unchanged from January.
Northern Ireland saw the highest yearly growth of 5.9% growth, with average prices at £205,784

Tenants praise landlords but call for better communication – survey

A tenant survey is overturning gloomy clichés about landlords to reveal a largely upbeat relationship with 55% of renters commending their landlords for delivering decent homes.
The survey by Leaders Romans Group (LRG) shows that just 12% of tenants ha…

Bridging helps to boost landlord purchases – Shawbrook

Landlords are increasingly utilising bridging finance to invest in buy to let properties and Shawbrook says that 63% of their residential bridging loan transactions were for purchases.
Its internal statistics also a pattern which appears to have contin…

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