Industry News

Rents anticipated to rise again

The latest Rental Index from PropTech platform Goodlord reveals that rents in England have reached their highest levels since October, showing a significant upward trend over the past month. Key Highlights: - Monthly Increase: Rents across England rose by over 1%...

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Landlords generate £45 billion

A report by PwC, commissioned by the National Residential Landlords Association (NRLA) and Paragon Bank, has highlighted the substantial economic contributions of small and medium-sized landlords in England and Wales to the UK economy. The report estimates that...

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Most unaffordable council named

Barnet has been named the least affordable area of London to rent in, with tenants spending nearly half their take-home pay on rent. A new report by tenant and landlord services provider Canopy found that renters in Barnet spend 48.7% of their net pay on their rent,...

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Zoopla says Homes for Sale at 8 Year High

Britain's supply of homes for sale is at its highest point in eight years, according to research, in a trend which experts say will limit house price rises for the rest of 2024. Zoopla, the property website, said the average estate agent has 31 homes for sale, up 20%...

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Large fine for no HMO licence

Haringey Council in London has successfully prosecuted a couple for failing to license a House in Multiple Occupation (HMO) property, resulting in a £10,000 fine. This penalty, while substantial, is significantly less than the maximum £30,000 fine that councils can...

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Planning enforcement – update

A Government report on Planning Enforcement can be seen here, and in summary says: What is a Planning Breach? A planning breach occurs when development is undertaken without the necessary planning permission from the local planning authority, or when the development...

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Landlord banned for 3 years

Southend-on-Sea Council has imposed a significant ban on rogue landlord Ruhul Shamsuddin, preventing him from letting...

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