A recent move by Southwark Council to refer itself to the Regulator of Social Housing (RSH) for failing to meet electrical safety standards should be viewed as a national scandal, according to private sector safety law expert Phil Turtle of Landlord Licensing &...
Industry News
Decision of large group to enter rental market criticized
The decision by Berkeley Group to enter the private rental sector by letting out 4,000 new homes across 17 regeneration sites in London and the South East has sparked significant concern among various experts and industry commentators. Critics argue that this move...
Agent lost case under the Tenant Fees Act
A recent tribunal decision has clarified that certain fees charged by landlords and their agents for early tenant exits constitute prohibited payments under the Tenant Fees Act. The case involved a London landlord and Winkworth Shoreditch, his managing agent. This...
Landlord fined for extremely poor property
A landlord named Eric Moon has been fined for letting out a property in deplorable conditions, including collapsing ceilings, damp, mould, and no heating. Tenants at Moon’s property in Pelwood Road, Camber, complained to Rother District Council’s environmental health...
New builds continue to reduce
The latest report from the Home Builders Federation (HBF) paints a grim picture for the UK housing market, highlighting the significant challenges facing future housing supply. Here are the key points and implications from the report: Key Findings Decline in Planning...
Will Labour outlaw bidding wars?
Sir Keir Starmer has indicated that Labour may prohibit landlords and estate agents from accepting offers on rental properties to eliminate 'bidding wars.' This approach replicates amendments proposed by shadow minister for housing and planning, Matthew Pennycook, to...
Nearly 1/2 HMO landlords rely totally on their rental income
A survey by buy-to-let lender Landbay reveals that nearly half (47%) of HMO (house in multiple occupation) landlords rely solely on rental income for their livelihood. The research indicates that almost a third (30%) of participating landlords own HMO properties, with...
Portfolio landlords will remain
Findings from Zero Deposit show that despite various legislative changes under the Conservative government, 82% of landlords have kept their buy to let portfolio unchanged. Key Findings from Zero Deposit Research: Stable Buy-to-Let Portfolios: 82% Stability: Despite...
Cleaning still a source of problems at the end of the let.
Financial Impact on Renters: Millions of pounds are being lost by the UK’s renters due to cleaning-related deposit deductions, according to research from SpareRoom. Nearly two-thirds of renters have had money withheld from their deposits over cleaning issues,...
Holiday Lets seem to be diminishing
Analysis of the UK Short-Term Rental Market by lettings and estate agent Benham and Reeves looked at key market metrics across popular holiday destinations: Market Overview: Increase in Listings: There is a noticeable rise in short-term rental listings across the UK,...
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The recent developments in the UK regarding energy costs and winter fuel allowances are significant for both consumers...
Chancellor criticised for rent rises
The reported plan by Chancellor Rachel Reeves to allow social rents to rise annually by the Consumer Price Index (CPI)...