AN MP has hit out at plans to slap landlords with a £700 charge for a property licence in Southend. James Duddridge, Tory MP for Rochford and Southend East, said the planned selected licencing scheme for parts of Southend. The council is pressing ahead with the plans...
Industry News
Owners of empty properties asked to help tackle housing shortage
Owners of empty or under-utilised properties in Kensington and Chelsea are being asked to bring them back into use to help tackle the borough’s housing shortage Kensington and Chelsea council will be contacting landlords of empty homes to encourage them to offer the...
Three-quarters of tenants happy with landlord
Three-quarter of tenants (75%) describe relationships with their landlords as “good” or “very good”, according to Mashroom – and 89% of landlords feel the same way. The letting agent alternative found that 59% of tenants cited strong communication as the reason for...
Changes to model tenancy agreement could result in perfect storm of student pet rental problems
Letting agents and landlords within the student rental sector are being urged to act with greater vigilance, as changes to the model tenancy agreement could lead to an increase in the number of students opting to have a pet while at university. Lockdown has caused a...
Business rates review report pushed back until autumn 2021
Retailers, hospitality firms and landlords will have to wait until later in 2021 for the government to publish a final report on its review of business rates. Due to the ongoing and wide-ranging impacts of the pandemic and economic uncertainty, the government said the...
Stricter EPC targets will deter buyers from moving – warning
Propertymark has slammed government energy efficiency proposals as being “unrealistic, too simplistic and could deter people from moving home.” A formal consultation process from government closed earlier this month. It proposed to introduce strict new targets...
New Propertymark chief executive resigns
An announcement from Propertymark this afternoon says: The Board of Propertymark has accepted the resignation of its CEO, Tim Balcon. Following four months in the role Tim has decided, and mutually agreed with the Board, that he will stand down as CEO of Propertymark...
Cannabis factory caused damage to rental property
A gas engineer was shocked to come across a large cannabis grow in a rental property after being called to change the meter. He rang the police having smelt a strong smell of the drugs from a house in Blidworth, Nottinghamshire. Officers were alerted and managed to...
60% of landlords expand portfolio in race for stamp duty savings
Some 60% of multi-property landlords have expanded their property portfolio since the introduction of the stamp duty holiday in July 2020, according to research from Direct Line for Business. The report shows landlords have been strategic with their purchases; 43%...
Mortgage broker asks for overhaul of government’s Green Homes Grant
Property Master chief executive Angus Stewart has called on the Chancellor to offer landlords more support by revamping its Green Homes Grant scheme. The grant offers funding of up to £5,000 per property, though applying for the grant is difficult and locating an...
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Landlords confidence is increasing
Landlord confidence has improved over the course of the past quarter according to a quarterly survey. The research,...
Buy-to-let landlord exodus slows – but the damage is already done
Investors Chronicle is running an article on a report from Hamptons, that the surge is reducing, where their...