The Government has issued a guidance which explains what the Community Infrastructure Levy is and how it operates. It can be seen here
Industry News
Renters Reform Bill passes to the Lords
The government's Renters' Reform Bill has passed a crucial stage in Parliament, despite controversy surrounding its indefinite delay of the ban on no-fault evictions under Section 21 notices. Here's what you need to know about this development: Key Measures of the...
Lloyds Banking’s residential landlord arm now has over 2,000 properties
Lloyds Banking Group PLC's residential landlord arm, Citra Living, has acquired over 150 new properties from housebuilder Barratt Developments PLC. These houses, located in Matson near Gloucester, will expand Citra Living's portfolio, which already includes more than...
Should the Right to Buy be amended?
The Housing Forum, an industry group, is advocating for reforms to the Right to Buy policy, which allows council tenants to purchase their rented homes at a discount. They propose several changes aimed at addressing concerns about the impact of Right to Buy on the...
Now cheaper to buy than to rent
Research by Rightmove underscores the ongoing trend where buying has become more financially advantageous than renting in many of Great Britain's major cities. Here are some key takeaways from the information: Cheaper to Buy Than Rent: Across Great Britain's largest...
Benefits Britain is refusing to pay rent – and we are footing the bill
The Secret Landlord writing in the Telegraph has highlighted the problem that 'Local councils crumble under inescapable mountain of debt as arrears balloon' and raises significant concerns about the sustainability of the current system. The steep increase in arrears...
Rebel MP’s table motion for rent controls
It's interesting to see this motion being put forward by Labour MPs, despite the party's national stance against rent controls. It highlights the diversity of opinions within political parties and the willingness of some members to push for policies they believe in,...
Gove under pressure to scrap ‘foolish’ window planning rules
The Telegraph is reporting that Michael Gove is facing pressure to revise or scrap health and safety regulations that have resulted in homebuilders reducing the size of windows in new homes. Here's a summary of the situation: Regulatory Changes: Two years ago, the...
Tory rent reforms backfire as evictions shoot up
The Telegraph are reporting on the measures proposed by Michael Gove to crackdown on landlords are encountering challenges, with unintended consequences emerging. Here's a breakdown of the situation: Increase in Section 21 Evictions: There has been a notable increase...
Rightmove adds to reports of Market Recovery
Buoyant sales of large homes helped drive house prices to their highest level in 12 months, figures on Monday showed. The Rightmove house price index revealed the average asking price of property coming to the market in April rose by 1.1% or GBP4,207 month-on-month,...
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Concern about Labour’s proposed Renters Rights Bill
Doug Shephard, director of the Home website, has raised concerns that Labour's proposed Renters Rights Bill and other...
Where Now For Rental Reform?
Landlord Today has published an article from Lucian Cook, Savills director of residential research which can be seen...
London’s largest landlords call for ‘sufficient time’ to comply with new tenant information rights
Inside Housing has published an article stating that the G15 group, representing some of London's largest landlords,...