Renters (Reform) Bill heads for key stage in Parliament
Property118
by Property118.com News Team
1h ago
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 ..read more
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Scottish rent cap addressed a problem ‘that didn’t exist’
Property118
by Property118.com News Team
1h ago
Scottish private sector rents have risen at a rate in line with inflation over the last nine years, according to a new analysis. The data from letting agents DJ Alexander shows rents increased by 40.7% between January 2015 and February 2024 ..read more
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BTL lenders offer rate cuts and streamlined processes for landlords
Property118
by Property118.com News Team
1h ago
Three leading buy to let lenders in the UK are offering rate cuts, faster remortgages, and simpler valuations to help landlords navigate the current market. Landlords looking for specialist buy to let mortgages can now access cheaper deals from Shawbrook ..read more
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Londoners shoulder most of the UK’s £3.6 billion stamp duty burden
Property118
by Property118.com News Team
1h ago
Londoners are feeling the squeeze of Stamp Duty Land Tax the most as they fork out 40.7% of the national total, research reveals. According to a study by Benham and Reeves, over the past year, an estimated £3.657 billion has been paid in stamp duty across England ..read more
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What’s best for your retirement, BTL or pension?
Property118
by Readers Question
1h ago
Hello, buy to let was seen as the ideal ‘pension’ investment for those who didn’t have the luxury of a gold-plated public sector or final salary pension. But with landlords now struggling to make a profit, and actually losing money on their BTL investments [despite record rents ..read more
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One million renters handed section 21 notices since 2019 – Shelter
Property118
by Property118.com News Team
15h ago
Homelessness charity Shelter claims that since the government unveiled plans in 2019 to abolish Section 21 ‘no-fault’ evictions, nearly one million tenants have been evicted under the process. It also warns that any further delay in banning Section 21 will see more renters being ..read more
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New ‘Good Landlording’ podcast – out now
Property118
by richardja@mac.com
16h ago
A new podcast has been launched to help landlords stay up to date with what’s happening in our industry. It’s different from other property podcasts in that it is more focused on practical tips to help landlords start ..read more
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Debunking the ‘Abolish Landlords’ Narrative: A Landlord’s Perspective
Property118
by Ranjan Bhattacharya
16h ago
In this video, Ranjan Bhattacharya delves into the controversial topic of abolishing landlords from the perspective of someone who owns rental properties. As discussions around housing inequality and tenant rights continue to evolve, the call to abolish landlords altogether has gained traction ..read more
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Property Investors Awards – Commercial Development of the Year
Property118
by Property118.com News Team
16h ago
A grade II listed church transformed into two modern apartments by SJC Property Developments highlights their approach to property that can seamlessly blend historical preservation with contemporary living. With more than 40 years of experience, SJC has established itself as one of the leading players in the industry ..read more
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Tenants in England and Wales are staying put for longer – DPS
Property118
by Property118.com News Team
1d ago
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 ..read more
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