A firm of solicitors has just published a blog where they consider impact of the Renters Reform Bill on the student accommodation sector. The blog can be seen here, and says: Abolishing fixed term tenancies for PRS student homes could cause havoc for the student...
Industry News
The rise of shared ownership – and the disaster lying in its wake
The Telegraph has just published n article looking at the problems of shared ownership, stating 'For many, the promise of partially owning a home has turned into a nightmare'. The article can be seen here (subscription may be necessary), and follows the case of Maddy...
Even upmarket landlords face ‘stark choices’ now says leading property figure
Landlord Zone are running an article reporting that Jo Eccles, founder and MD of Eccord, which manages £1.5 billion worth of residential property in prime central London for portfolio and individual landlords, says: “Those with the financial flexibility are...
Emperic remain confident on outlook for PBSA
Empiric Student Property said it saw a "very strong start" to 2023, as revenue rose 16% year-on-year. However, pretax profit dropped to GBP24.6 million from GBP70.3 million, owing to fewer gains on the fair value of investment property. "Having effectively filled our...
Potential large fine for landlords with UK immigration law
Law firm, Brevis Law, has drawn attention to the extensive implications of the recent government decision to significantly increase fines for UK employers and landlords who provide work or accommodation to migrants arriving through irregular routes. This development...
What are your responsibilities as a landlord?
Lawyer Monthly has published an article pointing out that landlords must comply with various legal obligations to ensure the safety and well-being of their tenants. It can be seen here, and has the main headings: Health and Safety Hazards Gas and Electrical Safety...
Tougher rules needed for abandoned tenancies
iHowz has countersigned a letter to letter to the Secretary of State for Levelling Up, Housing and Communities, explaining the challenges and costs that landlords face when a tenant leaves their property without giving notice or returning the keys. The letter went...
War on landlords to blame for the Airbnb boom
In a series of letters to the Sunday Times puts the current influx of holiday lets and Airbnb firmly as a consequence of the Government discriminating against private sector landlords. A selection of the letters can be seen here (subscription may be necessary)...
Landlord fined £300k over poor housing conditions
A landlord from Buckinghamshire has recently received one of the largest fines in Hounslow after being found guilty of managing 22 properties where tenants lived in appalling conditions. The fine, amounting to £300,000, was imposed by judges at Isleworth Crown Court,...
Landlord of an HMO with ‘polystyrene ceiling’ fined £5,000
A landlord responsible for a Lincolnshire house in multiple occupation (HMO) has been fined thousands of pounds after myriad problems were found at the property. Jamal Parvez, who managed a HMO in Boston, Lincs, was handed a £5,000 fine after informal attempts at...
YOU MAY ALSO LIKE
London weak, Manchester strong – new report says
A new analysis by online agency Yopa suggests that London has a weak ripple effect for house price growth across local...
Starmer rejects rent control
Sir Keir Starmer is allegedly set to dismiss the London Mayor’s rent freeze proposal, instead focusing on tenant...
Councils waste millions fighting planning appeals
Coverdale Barclay has published a report that shed light on the significant costs incurred by London boroughs in...