David Wilson Homes has announced a scheme where a tenant can reserve a home, move in and pay rent for six months. The rent goes to the developer as a contribution towards turning the deposit into a total of 5.0 per cent of the purchase price of the unit. However, the...
Industry News
Why converting office space into flats won’t solve the housing crisis
The Conversation, an independent source of news analysis and informed comment written by academic experts, has published an article showing that converting offices into housing is unlikely to significantly boost housing supply in line with need. The article can be...
Renters Reform Bill threatens student lettings
Housing Hand, a rent guarantor service says the recent Second Reading of the Renters Reform Bill has intensified scrutiny on the challenges faced by student renters. They have confirmed that the accommodation challenges have been worsening. Graham Hayward, chief...
UK tenant legislation threatens higher student rents
The Financial Times has published an article warning of uncertainty around the renters reform bill leave landlords facing a higher risk of vacant periods, leading to higher rents. The article can be seen here (subscription may ne necessary) stating, that although...
Renters Reform Bill passes second reading without a vote
The Renters Reform Bill (RRB) was debated in the Commons last Monday (Oct 23rd). There has been a long delay between the first reading, and this, the second reading. There was much passion from both sides of the house. If you wish to see the whole debate click here,...
Council Tax on single rooms to be stopped
Following pressure from several landlord groups, including iHowz, the Government conducted a consulation on the practice some Councils have of re-banding individual rooms in an HMO as Council Tax Band A. The Government has just updated its consulation to state: The...
government confirm no rent controls in England
In a letter from Housing Secretary Michael Gove to the all-party Select Committee on Housing, Gove rejects a call for Valuation Office Agency data to be made public so some form of assessment could be made as to what constitutes “a justified rent increase.” He says:...
Landlords should allow tenants to sub-let rooms: Airbnb
Airbnb has released a statement stating that according a recent study many tenants are experiencing substantial cost of living rises, and Airbnb call for tenants to have the right to sublet part of their property. They say in their statement: “Very few renters,...
Kent Council announces plans to build on Green Belt
Sevenoaks Council has announced it's redrafting its Local Plan, its previous one was rejected by the government’s Planning Inspectorate. In it they propose thousands of potential homes could be built on green belt land. A report to be heard at the Development and...
Confusion for landlords, claims AIIC boss
Daniel Evans, Chair of the Association of Independent Inventory Clerks, is of the opinion that the lack of certainty over Government plans for the PRS, has lead to confusion in the industry. He says there aren’t enough available homes to satisfy demand, and believes...
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Holiday Lets seem to be diminishing
Analysis of the UK Short-Term Rental Market by lettings and estate agent Benham and Reeves looked at key market...
Berkeley Homes to add BTR
Analysis of Berkeley Group's New Strategy and Market Context The FT has just reported that Berkley Homes is moving...
Urgent Fiscal Reform and Policy Adjustments Needed for the Private Rented Sector (PRS)
As the UK approaches a pivotal general election, Allison Thompson, National Lettings Managing Director of Leaders...