Industry News

Commons Housing Select Committee which submitted a report to the Government on its concerns on part of the Renters Reform Bill. The Government have finally responded, which can be seen in full here, and states 'The government will not commence the abolition of section...

Online real estate company, CoStar, which is listed on the US Nasdaq, has made an agreed bid for the UK online agent, On The Market Assuming the bid goes through, it will put the near monopoly market leader, Rightmove, under pressure as the backing from Co-Star...

The Financial Times has published an article on the threat of new legislation comes at a time of high interest rates and inflation. It can be seen here (subscription may be necessary) giving some background, and asking the question 'Landlords in the student niche, in...

Essex TV have reported that Harlow Cabinet agreed to carry out 4-week public consultation on a new Private Rented Sector Housing Enforcement Policy. Following the consultation, the policy will go back to Cabinet later next month for adoption. The consultation is live...

Crisis has seized on figures issued by the Department for Levelling Up, Housing and Communities which shows that 24,260 households were served a Section 21 notice over the last year, a 22 per cent increase on the previous year. They say that the DLUHC figures show...

Origin Housing and Places for People are pleased to announce that they have entered merger discussions. Origin owns and manages over 7,000 homes across London and Hertfordshire. The intention is that, subject to all relevant approvals, Origin will become a subsidiary...

The House of Commons has published a report on the impact of empty homes on communities. The summary can be seen here, with a link to the full report. It states that In October 2022, there were 676,304 recorded empty homes in England. This is a 3.6% increase on the...

According to Hamptons, mortgage interest amount is 40% higher than it was a year ago – and 58% higher than November 2021. The research also reveals that the number of BTL mortgages has been declining since November 2022, as landlords have either reduced their debt or...

There will be changes to fire safety regulations, commencing October 23rd 2023. Whilst it has always been necessary for HMO landlords to conduct a fire risk assessment, it only needed to be in writing if the responsible person employed five or more persons. The...

A director of Letting Agency SB Lets appeared at Lewes Crown Court for a sentencing hearing on Monday 9 October. Shadi Baja, the sole director represented his company, which had earlier pleaded guilty to three charges under the act. The fines were reduced to £20,000...