Real Estate news from the MKPLA in Milton Keynes
Hi, as a landlord, I’ve had a flat rented out since October 2023, with the same tenants occupying it since then. The tenants are registered with the council and have set up a direct debit to pay their council tax.... Read more
Published on: 2024-06-12
Source: Property118
By Readers Question
Hello all. I’m looking for advice on this situation, please. The neighbor of my 3-bed semi, who has lived there for around 40 years, has not maintained the trees in her 120ft garden. In contrast, I invested in fully surrounding close-board fencing in 2007... Read more
Published on: 2024-06-12
Source: Property118
By Readers Question
Hi, I am a landlord and have given my letting agent notice due to their numerous errors and lack of competence. The notice period is 6 months, but I requested a reduction due to their mistakes, which was denied. I asked the letting agent not to advise my tenant that... Read more
Published on: 2024-06-12
Source: Property118
By Readers Question
The Conservatives promise to “deliver fairness in the rental market” by abolishing Section 21 and passing the Renters (Reform) Bill. The Conservative manifesto has a wide range of policies which the Tories claim will ensure fairness in the housing system.... Read more
Published on: 2024-06-12
Source: Property118
By Property118.com News Team
Landlords across the UK are being warned about the serious consequences of failing to meet fire safety regulations in their rental properties. The call comes after a recent court case in Sheffield that saw landlord Zahir Ahmed being handed a suspended prison sentence and community service for fire safety violations... Read more
Published on: 2024-06-12
Source: Property118
By Property118.com News Team
The price of detached homes in Edinburgh has rocketed, with the average rising by nearly £1,500 per week over the past year.  According to DJ Alexander, Scotland’s largest lettings and estate agency, the average price of a detached home in Edinburgh has jumped from £666,814 to £742,304 between April 2023... Read more
Published on: 2024-06-12
Source: Property118
By Property118.com News Team
Hi, I have a converted Victorian warehouse in London which is six storeys high. The top flats are duplexes entered on the fourth floor (fifth storey). I have decided to retire and sell the block. The top flats are wonderful penthouses with a large terraces.... Read more
Published on: 2024-06-12
Source: Property118
By Readers Question
House prices in England and Wales continue to decline, although the pace of decline is slowing with the average house price falling by 0.2% in May to £356,014. According to the e.surv house price index, that’s still 3.3% lower than a year ago.... Read more
Published on: 2024-06-12
Source: Property118
By Property118.com News Team
As a landlord, ensuring timely and reliable rent collection is crucial to maintaining a steady cash flow and reducing administrative headaches. The method you choose for collecting rent can significantly impact both your efficiency and your tenants’ satisfaction. In the UK... Read more
Published on: 2024-06-11
Source: Property118
By Mark Alexander
The Conservative Party’s manifesto will be published today with a pledge to eliminate capital gains tax (CGT) for landlords, the Daily Telegraph reports. However, the exemption will only be for those landlords who sell their property to a sitting tenant.... Read more
Published on: 2024-06-11
Source: Property118
By Property118.com News Team
Welcome to Property Breaking News, where we bring you the latest developments in the property world as they unfold. In this episode, Ranjan Bhattacharya and Andrew Roberts cover a major shift in property regulations: the transition from EPC ratings to the new ‘Home Energy Model.’... Read more
Published on: 2024-06-11
Source: Property118
By Ranjan Bhattacharya
With the upcoming General Election, questions from landlords and homeowners loom over its potential impact on mortgage rates and property prices. Now an analysis from Zoopla and Mojo Mortgages aims to shed light on the potential answers. While the government does not directly dictate mortgage rates... Read more
Published on: 2024-06-11
Source: Property118
By Property118.com News Team
The Liberal Democrats have promised “to deliver a fair deal for renters” by abolishing Section 21 immediately and reintroducing EPC C targets for rented properties. The party’s manifesto proposes making three-year tenancies the norm and creating a national register of licensed landlords.... Read more
Published on: 2024-06-11
Source: Property118
By Property118.com News Team
The Scottish government’s own economic agency has warned that rent controls will only make the housing crisis worse. South of Scotland Enterprise (SOSE) says the Scottish Housing Bill’s move to introduce long-term rent controls has sparked uncertainty, leading landlords to leave the market.... Read more
Published on: 2024-06-11
Source: Property118
By Property118.com News Team
Paragon Bank has made it easier for brokers to find buy to let mortgage products for their landlord clients. Previously, the bank offered separate options for portfolio and non-portfolio landlords. Now, it has consolidated these offerings... Read more
Published on: 2024-06-11
Source: Property118
By Property118.com News Team
Brighton & Hove council has revealed that it’s introducing a new additional licensing scheme for smaller houses in multiple occupation (HMOs) starting in July. This scheme applies to HMOs with two or more floors, and three or four occupants.... Read more
Published on: 2024-06-11
Source: Property118
By Property118.com News Team