Roseanna Lane thought she had plenty of time to find a new flat to rent when she gave notice to her landlord two months ago. But despite registering with eight estate agents in Richmond, South-West London, Roseanna and her partner Nick have found it almost impossible...
Industry News
Clampdown on landlords of properties with poor energy efficiency ratings
The Department for Business, Energy & Industrial Strategy has launched a campaign to raise awareness and enforce rules banning landlords renting homes with worst performing energy efficiency ratings. Since April 2020 privately rented homes must meet a minimum...
Exempt accommodation
Crisis has reported that Freedom of Information data obtained by it shows that 153,701 households in Great Britain were housed in exempt accommodation as of May 2021. This represents a 62 per cent increase from 2016 to 2021. As Crisis explains, ‘exempt accommodation’...
Demand from tenants at highest level
Paragon Bank have carried out a survey of over 600 landlords, and have established that tenants demand has risen to record levels during Q3 The survey showed, when excluding those who were unsure, 69% of landlords reported increasing levels of demand, with over a...
Government unveils £3.9bn heat and buildings strategy
The government has unveiled a £3.9bn plan to lower the cost of low-carbon heating systems such as heat pumps. The heat and buildings strategy aims to ensure that running more energy efficient heating technology is no more expensive - and potentially cheaper - than...
Key risks facing social housing sector in 2021 and beyond
The Regulator of Social Housing has published a risk profile setting out the main risks facing the social housing sector and some of the actions registered providers should be taking to manage those risks. It identifies risks across a range of themes, as follows:...
Ealing Council demands lifetime tenancies for social housing tenants
Ealing Council has asked the borough’s social housing landlords to offer lifetime tenancies to their tenants. The request is one of several themes covered in the council’s new tenancy strategy, which sets out the broad objectives that Ealing’s social rented housing...
Red tape hinders landlord investment
A survey by rental software firm Ark shows that although 77 per cent of landlords want to invest and grow their portfolio, their efforts are being hindered by compliance. Almost three in 10 say they won’t invest further because they believe rules and regulations are...
Are pets really a problem?
A major supplier to the lettings sector says there’s no reason landlords should not allow pets into properties so long as there is a tightly-written contract,Inventory management firm No Letting Go says a well-considered pet clause should include specifics such as...
Agent removed from Redress Scheme
The Property Redress Scheme has expelled a guaranteed rent operator after they failed to pay an eyewatering £150,000 in rent to a former landlord client. The agent was required to pay the landlord £25,000 by the Property Redress Scheme, the maximum they can award, and...
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Foxtons expects growth in 2024
Foxtons has recently reported its latest results. They have pivoted towards lettings in recent years, with...
Divorces causing 82% increase in quick sale stock reaching the market
A recent study by Open Property Group indicates that there has been an 82% increase year on year in the number of...
New regulations commence for the Building Safety Act 2022
These Regulations bring into force on 16 January 2024 the following sections in Part 4 of the Building Safety Act...