LandlordZone are reporting that the Government are being criticised for their focus on the build-to-rent (BTR) sector and its policies which seeks to side-line traditional landlords. The report can be seen here, and quotes Graham Cox, founder of Self Employed Mortgage...
Industry News
Landlords no longer willing to offer temporary accommodation.
Local Authorities have for years relied on the private rented sector to fulfill their statutory duty to house the homeless, many of whom they have a duty to rehouse if applicants are deemed to be in ‘priority need’. A councils have been buying property to help them...
Call for Landlords to ‘support local communities and provide for social tenants’
London-based Elliot Leigh, which has been working in property management in the South East for 20 years helping house social tenants via guaranteed rent schemes with landlords, agrees with London Councils that stock levels are at their lowest ever and is calling on...
Student housing used to be affordable. Why has it become an ‘asset class’ to enrich the already wealthy? – Guardian says
The Guardian has published an article stating ‘University accommodation should be treated as a right. We need action to curb this exploitation of young people.’ It can be seen here and concentrates on Purpose-built student accommodation (PBSA) rather than looking at...
Why are more landlords selling their properties? We look at the four main reasons
This is Money has published an article looking why Landlords sold 300,000 more homes than they bought in the last seven years, stating that higher taxes and mortgage rates are the major reasons for the mass sell-off. The article can be seen here and goes on to say...
Housing and Planning
The House of Commons Library has just released 2 reports on the Planning System: Overview of the planning system (England) The use and development of all land and buildings in England are governed by the planning system. Most planning matters are the responsibility...
Nationwide House Prices
Nationwide UK house prices fell by 5.3% year-on-year, the steepest fall since July 2009 and down from a drop of 3.8% in July. On a monthly basis, house prices fell by 0.8%, also accelerating from a decrease of 0.3% the previous month. The average house price in August...
New online checker designed to advise tenants on how to deal with repair problems.
The Ministry of Justice has launched a new online checker designed to advise tenants on how to deal with repair problems. The ‘Check how to get repairs done in your rented home’ tool points tenants to “how to get something fixed by your landlord or letting agent”, and...
Landlords are ‘selling homes while tenants in situ’
Thousands of landlords across Britain are selling their properties before tenancy agreements have concluded, causing uncertainty and potential eviction for tenants who remain in situ, a new study has suggested. House Buyer Bureau’s findings revealed that there are...
Is using a letting agent the right move for landlords?
According to a survey, 49% of landlords opt not to use an agent. Those who do use a letting agent are becoming more picky about which one they choose to work with, though, according to recent comments from Jo Eccles, founder and managing director of Eccord....
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Labour wanted the Renters Reform Bill to become law, but Conservatives blocked it.
The Renters Reform Bill's failure to pass into law before Parliament closed ahead of the July 4 General Election has...
Failure of the Renters Reform Bill criticised
The failure of the Renters Reform Bill to pass into law by July 4 has drawn sharp criticism from various stakeholders,...