Warnings have been sent to landlords that they could face large fines if properties are not properly licenced. Owners of houses in multiple occupation (HMOs) in Portsmouth have to acquire an appropriate licence after two landlords were punished for not doing so. From...
News
Precise owner OSB profits fall as mortgage borrowers lock in new fixed rates faster
OSB Group reported profit tumbled in the first-half of 2023, after taking a hit from customers acting more quickly than expected to refinance their mortgages at favourable rates. OSB, which stands for OneSavings Bank, said pretax profit in first-half of 2023 slumped...
Bournemouth, Christchurch and Poole Council
The Government have published plans for an External assurance review of Bournemouth, Christchurch and Poole Council which can be seen here They have also published a Best Value Notice, which can be seen here. Details In 2022, Bournemouth, Christchurch and Poole...
Delivering schools to support housing growth
The Government has just issued guidance on Delivering schools to support housing growth - it can be seen here. It is described as: Guidance for local authorities on planning new education infrastructure that is required due to housing growth, through the provision of...
Landlords and energy efficiency
The Centre for Sustainable Energy (CSE) has launched a new project, funded by the TDS Charitable Foundation, to help landlords meet their potential energy efficiency requirements. The project aims to provide support and advice to landlords in complying with the...
Mediation in the civil justice system: Government response to consultation
On 4 August 2023 the Government published a post-consultation report for the consultation paper on increasing the use of mediation in the civil justice system. It comprised: the background to the report; the Government response to the consultation paper; a summary of...
Support for Mortgage Interest loans
The House of Commons Library has published a report on 'Support for Mortgage Interest loans' The full report can be seen here, and in summary says: Support for Mortgage Interest (SMI) is a government loan scheme helping with the interest costs of mortgages and certain...
Visa rules eased for building industry
Visa rules are being eased for overseas builders, carpenters and people working in the fishing industry, the Home Office has confirmed. Roofers and plasterers have also been added to the Shortage Occupation List, which temporarily eases visa restrictions in areas...
Landlord couple ignored tenants request and were heavily fined
A landlord couple in Nottinghamshire left the tenant with no hot water or heating for three weeks after the boiler not working During an inspection, Bassetlaw District Council officers also identified hazards relating to gas, electrical and food safety and structural...
Surge in Section 21 Evictions as Landlords Exit the Market
New figures from the Ministry of Justice reveal a concerning 41% surge in Section 21 evictions. In England, the number of households evicted by court bailiffs under this provision climbed to 2,228 in the second quarter, a stark rise from 1,578 in 2022. In tandem with...
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Big change around property prices comes into force on June 1
The impending abolition of the Multiple Dwellings Relief (MDR) by the government, set to take effect from June 1, has...
Renters in race for homes as listing time slashed
The BBC has published an article on the problems for tenants to find properties to rent. The intense competition...
Propertymark claims Government action responsible for rental decline
The rise in private rents across England, Wales, and Scotland over the past year has been attributed to various tax...