The Social Housing Regulation Bill received Royal Assent last week and sets out new reforms for social housing landlords. According to the English Housing Survey 2021-2022, there are nine million people in England who live in social homes and nearly one million are...
News
Islington to bring in Selective Licensing
A selective licensing scheme was approved by the council’s Executive on Thursday, will cover 5,400 homes in the three wards, Finsbury Park, Tollington and Hillrise, tripling the old Finsbury Park scheme it replaces. It applies to all privately rented houses or flats...
Landlord fined £300,000 for the long list of issues.
Nirpaul Riat was taken to court after being issued an Emergency Prohibition Order by Hounslow Council due to poor conditions in 22 of his properties, and judges fined him £300,000 for the long list of issues. Damp, squalid rooms with limited natural light, a lack of...
Now is the time for the government to resurrect help to buy, reports Dutton Gregory Solicitors
Paul Sams from Dutton Gregory has written a blog stating 'now is the time for the government to resurrect Help to Buy,' The blog can be seen here, and Sams says “The Help to Buy scheme was extremely beneficial to first time buyers, housebuilders, and the overall...
Landlords face ‘a multitude of challenges’ as rents rise again
Rightmove has just issued its Rental Price Tracker. The full report can be seen here, and in summary says: National average asking rents outside London hit new record of £1,231 per calendar month (pcm): Average asking rents for new tenants are now over £300 (33%)...
Delay in MEES Change for landlords confirmed
Low-traffic neighbourhoods face a ban and landlords will get longer to meet energy efficiency targets as ministers retreat on “costly and unpopular” green policies. Rishi Sunak is planning to hold firm on net-zero goals while delaying or ditching a host of measures...
Proposals to relax rules in England to allow more shops to be converted into homes
The Prime Minister and Secretary of State for Levelling Up, Housing and Communities have set out further plans change planning laws to pave the way for more home extensions and conversions of shops into houses in England in efforts to address the housing crisis. The...
Gove wants to slow down already slow EPC upgrades for landlords.
Landlords are aware that they will probably have to upgrade their properties to meet new regulations, but don't know what regulations, or when. Writing in an article in the Telegraph, he said: “My own strong view is that we’re asking too much too quickly. “We do want...
RICs now warning lack of energy advice is stalling drive to net-zero
You may be aware that we have been running a campaign for the past two years, to get the Government to make it clear what landlords will have to do to meet their energy requirements. The not least of which is a request to publish the requirements for the new EPC...
Tax-efficient ways landlords can sell buy-to-lets
As you are aware, iHowz don't give tax advice, but we can point you at an excellent article in the Investors' Chronicle - see here (subscription may be necessary).
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Research by comparison website Moneyfacts suggests that building societies are currently offering the most competitive...
Housing stock high, sales low
The latest data from the Royal Institution of Chartered Surveyors (RICS) indicates a mixed picture for the UK...
Natalie Elphicke has defected to the Labour Party
Conservative MP Natalie Elphicke has defected to the Labour Party, citing reasons such as housing and border security...