On 13 May 2021 HM Treasury published statistics on the government’s Help to Buy: ISA scheme. Since the launch of the scheme: 386,728 property completions have been supported by the scheme. 508,492 bonuses have been paid through the scheme with an average bonus value...
Industry News
Leasehold Reform (Ground Rent) Bill
On 12 May 2021 the Leasehold Reform (Ground Rent) Bill received its first reading in the House of Lords. This Government Bill would make provision about the rent payable under long leases of dwellings. Second reading is scheduled for 24 May 2021. For the Bill as...
Commonhold Council launched
On 13 May 2021 the MHCLG announced the launch of the Commonhold Council, an advisory panel of leasehold groups and industry experts who will inform the government on the future of this type of homeownership. The commonhold model is used widely around the world and...
Assured Tenancies and Agricultural Occupancies (Forms) (England) (Amendment) and Suspension (Coronavirus) Regulations 2021
These regulations, which come into force on 1 June 2021, amend the Assured Tenancies and Agricultural Occupancies (Forms) (England) Regulations 2015. Sections 8(3) and 21(8) of the Housing Act 1988 give the Secretary of State power to prescribe the form of a notice of...
Mortgage possession statistics – England and Wales
On 13 May 2021 the Ministry of Justice published quarterly national statistics on possession claim actions in county courts by mortgage lenders and social and private landlords. The statistics cover the period from January to March 2021. This quarter covers the period...
Landlord possession statistics – England and Wales
On 13 May 2021 the Ministry of Justice published quarterly national statistics on possession claim actions in county courts by mortgage lenders and social and private landlords. The statistics cover the period from January to March 2021. This quarter covers the period...
Landlords on the lookout for discounted properties
34% of landlords have recently purchased another buy-to-let property or intend to buy one within the next nine months, according to the fundings of a survey by the Deposit Protection Service (DPS) and Zephyr Homeloans. The survey of 300-plus landlords suggests that...
Sheffield landlord fined after throwing out tenant’s belongings and changing locks
A private landlord who threw out a tenant's belongings and changed the locks on the front door has been fined over the illegal eviction. Antanas Danilevicius had fallen into rent arrears and got home from work last February to see his belongings including his...
Is the tide turning for the lettings industry?
Graham Norwood has just published an article where he is confident of the future for the PRS. It can be seen here.
Do Commercial to Residential conversions work?
The property industry has seen some change over this past year. Covid-19 has restricted our movements and, for many of us, hampered the plans we had in store for any investments
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