Moneyfacts.co.uk have just published an article pointing out the advantages and disadvantages of running an HMO, especially for a new landlord. The article can be seen here.
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Industry News
Lockdown causes increase in cannabis farms in rented properties
The latest data from regional police forces has confirmed the extent of drug manufacturing and cultivation in the UK and reveals that suspected cases saw a sharp rise during lockdown. Figures show that there were 1,427 suspected cases of illegal drug manufacture or...
Notice periods for renters
On 12 May 2021 the MHCLG announced that notice periods – previously extended to six months as an emergency measure during the pandemic – will be set at four months from 1 June. Subject to the public health advice and progress with the Roadmap, notice periods will...
Housing Minister amends eviction rules
The government has announced plans to wind down the evictions ban, offering light at the end of the tunnel for the thousands of landlords waiting to evict tenants.
Right to Rent Checks extended
The Government has issued a new directive on using the Right to Rent Checks. It can be seen here. Changes to right to rent checks, introduced in response to the Covid-19 pandemic will remain in place until June 21st 2021 Emergency measures, introduced in March last...
Queens Speech: Rental Reforms this year
The government has confirmed that reform of the private rental sector will be a priority for the coming session of Parliament.
Guidance for landlords on preparing buy to lets for summer
Guidance for landlords on preparing buy to lets for summer
Council set to pay deposits to landlords
Residents on low incomes could get their property deposit paid by Stafford Borough Council as part of plans to make it easier to secure private rented housing.
400,000 private tenants in danger of rent arrears
A recent report by the LSE states ‘ Over 400,000 private tenants may be in significant rent arrears by the end of 2021 says a new report by the research group LSE London, funded by Trust for London and LSE. Almost all of these tenants could be at risk of eviction if, as is expected, the government slowly begins to lift its suspension on eviction proceedings from 1 June.’
Huge shift in renters: Spare Room report
Under the title ‘What’s happened to the rental market in 2021 so far…’ SpareRoom have analysed data from over 450,000 room ads to see what’s changed in the first quarter of the year
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Some cautious positivity in the market
The November 2023 RICS (Royal Institution of Chartered Surveyors) UK Residential Survey results indicate a more...
Two agencies expelled from the Ombudsman scheme.
Monsoon Properties Ltd and Prinsegate Chartered Surveyors have both been expelled from The Property Ombudsman (TPO)...
Petition for Housing Court launched
For many years, landlords have been urging the Government to have all Housing issues heard in specialist Housing...
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