Property Reporter have just published a piece on the number of landlords planning to sell. It can be seen here, and claims that 21% are planning to sell, and that over half (51%) losing out on rental income due to Covid-19, with well over two fifths (47%) of landlords...
The Ministry of Justice has just published the outcome of a recent consultation. It can be seen here, and in their proposal they stated:- The aim of this proposal is to: ensure that there is an efficient and effective courts system ensure access to justice, making...
The House of Commons Library have published a report on Housing costs in Universal Credit. It can be seen here, and the preamble says: Universal Credit (UC) is replacing six ‘legacy’ benefits and tax credits, including Housing Benefit for working-aged households. This...
On 17 August 2021 housing charities and organisations issued a joint statement calling on the government to complete and publish a full assessment of the impact on renters of their decisions to freeze Local Housing Allowance and cut Universal Credit, which “risk...
The House of Commons Library have just released a paper explaining the use of IVA's. It can be seen here, and the preamble says: An Individual Voluntary Arrangement (known as an IVA) is a legally binding agreement between a debtor and his/her creditors. The agreement...
Kettle have run an article asking whether it is still worth being a landlord. It can be seen here, and says: Being a UK landlord isn’t as easy as it is made out to be. It has become harder still in the past couple of years with changes to rules, licensing, and tax...
The House of Commons Library has published a briefing paper brings together details of the main changes to the rent safety net announced since 2010. It covers the savings achieved through changes to Housing Benefit and the Universal Credit housing costs element, as...
HM Treasury has published statistics on the government’s Help to Buy: ISA scheme. They show: Since the launch of the scheme, 410,075 property completions have been supported by the scheme. 538,840 bonuses have been paid through the scheme with an average bonus value...
MHCLG have published Help to Buy (equity loan scheme) data to 31 March 2021. The data show: 15,341 properties were bought with an equity loan, an increase of 61 per cent from the same period in 2020. From 1 April 2013 to 31 March 2021, 328,506 properties were bought...
On October 6, 2021, the standard allowance of benefits will be reduced by £80 a month. The independent Joseph Rowntree Foundation (JRF) analysis shows that half a million more people, including 200,000 children, are set to be pulled into poverty by the reversal....
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