LocalGov is reporting that Councils across London have added to calls for ministers to raise Local Housing Allowance (LHA) after new research suggested that tens of thousands more could become homeless if the rate remains frozen. See the article here, and follows on...
Industry News
Ombudsman says (social) landlords are ‘finding their silences’ as complaints rise on damp and mould
The Housing Ombudsman has published a new report stating it 'is sharing lessons from damp and mould casework it has investigated in recent months, two years after it published its Spotlight report, It’s not lifestyle. It is an opportunity for the sector The report can...
Halifax reports prices up. Housebuilding continues to fall
House prices rise The latest data from Halifax showed that house prices rose in October after six consecutive monthly falls amid constrained supply, but demand remains weak overall. House prices ticked up 1.1% on the month following a 0.3% fall in September. On the...
MoneyWeek review of the Kings Speech
MoneyWeek has published a review of the Kings Speech, which can be seen here. As well as reviewing proposed leasehold reforms, and the Renters Reform Bill, it also mentions there was no mention of a Pension Reform Bill
The Government’s inaction and the rising interest rates are driving landlords out of the rental market
A study by Yorkshire Building Society (YBS) revealed that more than half of landlords feel they are being ‘squeezed out’ of the sector and most of them think it is becoming ‘less appealing’. The chief operating officer at home buyer UPSTIX, Fred Jones, said:...
Why the Renters’ Reform Coalition is bad for landlords AND tenants
Property118 has published a blog giving their reasons why the Renters’ Reform Coalition (RRC) is harming both landlords and tenants in the private rented sector (PRS). Saying 'They are pushing for radical changes that would make renting more expensive, less secure,...
4% of households in England and Wales (around 1.1 million) were overcrowded
The House of Commons Library has published a report into overcrowding in England and Wales. The full report can be seen here and there summary says: The statutory overcrowding standard was last updated in 1935 When the statutory overcrowding standard was first...
What turns tenants off the most?
Uswitch has conducted a survey to uncover red flags deterring UK renters and highlighting what tenants value most in a property. They are: Factor % Signs of damp / mould 79% Bad smell 67% Signs of physical deterioration 62% Lack...
Labour would remove Section 21 immediately
In an interview with LBC, Angela Rayner, the Shadow Housing Secretary, answered questions from worried landlords about the removal of Section 21. The interview can be seen here, and starts with a landlord who specialises in housing vulnerable people in his properties...
Housing association heavily criticised after tenant takes own life after 18 noise complaints
The Housing Ombudsman has criticised the UK’s largest housing association, Clarion Housing Association, after a tenant suffering from mental health issues took his own life. The Ombudsman found severe maladministration. Even though the landlord took note of the...
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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...
Portfolio landlords will remain
Findings from Zero Deposit show that despite various legislative changes under the Conservative government, 82% of...
Cleaning still a source of problems at the end of the let.
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