The Telegraph is running an article stating that many 'accidental landlords' are selling and with estate agent Winkworth said it expected rent increases to slow this year as an increase in supply puts downward pressure on prices. The article can be read here...
Industry News
UK low-income households set to be hit by new £120 ‘boiler tax’
Clean Heat Market Mechanism (CHMM) and Its Impact on UK Households: The Clean Heat Market Mechanism (CHMM) is a government policy set to launch in April 2024, aiming to enhance energy efficiency in homes to meet carbon emission targets. However, this policy might have...
Unite Group – Stong Start for 2024/25
Unite Group reported a "strong start" to the 2024/25 sales cycle, with 71% of its rooms reserved, compared to 70% the prior year. "We have been encouraged by particularly strong demand from university partners with 4,000 extra beds reserved compared to the same stage...
BLOG: ‘We’ve got the Renters (Reform) Bill – now we need a Landlords Reform Bill’
The Negotiator magazine has published a blog from Allison Thompson, National Lettings Managing Director of Leaders Romans Group in which she emphasizes the vital role played by landlords in preventing homelessness and advocates for a "Landlords Reform Bill" to...
Survey shows landlords optimistic about 2024
According to a study by The Mortgage Lender, 74% of buy-to-let landlords are optimistic about the property market in the next 12 months, even in the face of challenges such as tax changes, increased regulations, and legal issues. The study reveals that 27% of...
It’s time for radical action on our housing crisis
The Telegraph has run an article by Guy Hands, the founder of private equity firm Terra Firma Capital Partners, outlining his views that years of weak supply, underinvestment and red tape have not been addressed. It can be seen here (subscription may be necessary), in...
Housing Market: Key Economic Indicators
The House of Commons Library has just published its Key Economic Indicators for the Housing Market. It can be seen here, and in summary shows that the UK House Price Index indicates a 1.2% decrease in house prices between October 2022 and October 2023. On a seasonally...
Rent Standard and guidance
The Government has just published its Rent Standard and guidance for Social Landlords. As it contains some useful information, it can be seen here.
Devon landlords support crackdown on holiday lets
A local newspaper is reporting that the North Devon council claims that local landlords, housing charities, and estate agents have "overwhelmingly" supported a move to clamp down on Airbnbs and other short lets. According to the council, over 85% of respondents in a...
What’s in store for landlords in 2024?
This is Money has run an extensive piece with their forecast for 2024, under the sub-heading 'Rising rents, falling mortgage rates and Renter's Reform Bill' It can be seen here, and in summary the article provides an overview of the challenges and potential...
YOU MAY ALSO LIKE
Propertymark’s Response to Labour’s Housing Plans
Propertymark, the trade body for property professionals, has expressed a cautious and somewhat skeptical response to...
RICS comments on Labours housing plans
The Royal Institution of Chartered Surveyors (RICS) has responded positively to the Labour government's ambitious...
Winkworth Comment on Sales and Rentals
Following expectations that interest rates had hit their peak in January, the sales market picked up significantly in...