The UK housing market showed signs of deceleration in May, with the ONS' official house price index reported a 1.9% annual increase in house prices, down from the revised 3.2% growth recorded in April. The average price of a house was now pegged at £286,000, a £6,000...
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Highlights from the English Housing Survey
The English Housing Survey has just been published, and can be seen here. The headlines are: The private rented sector is the second largest tenure, with roughly 4.6 million households representing nearly one fifth (19%) of households in England. It is a sector...
Brent to bring in Selective Licensing
Landlords who rent out properties in Dollis Hill, Harlesden & Kensal Green and Willesden Green, will legally be required to have a licence from the start of next month. A licence will cost £640 for up to five years. Anyone who applied in the next few weeks before...
Hydrogen NIMBYs
Controversial UK government aspirations to replace gas boilers in some homes with a hydrogen-based alternative are likely to be scrapped, Grant Shapps, the energy minister, has indicated. Shapps said he believed hydrogen would form part of Britain’s overall energy mix...
The low cost policy that the renter’s reform bill doesn’t cover
The Behavioural Insights Team have published a blog asking why the Renters Reform Bill doesn't contain a 'low cost policy, popular with tenants, homelessness advocates and private landlords, that is missing from the bill: allowing people who receive Universal Credit...
Evictions should be blocked for first year
Landlords should be unable to serve an eviction notice for at least the first year of a tenancy – even if they are selling or occupying a property, according to think tank Fabian Society. The left wing think tank also reckons eviction notice periods should be...
30% of landlords plan to sell properties
Some 30% of landlords plan to sell properties in the next 12 months, data from Landbay has revealed. As to be expected, the deciding factor for most (60%) of landlords intending to sell is rising interest rates – an increase from 45% in the previous survey, while...
Overseas landlords – summary of the non-resident landlord scheme for agents
If you are an agent letting a property to a non-resident landlord, you need to see this announcement. A new manual can be seen here, and says: A letting agent is generally a person who: has a ‘usual place of abode’ in the UK, and acts for a non-resident landlord (NRL)...
Overseas landlords – summary of the non-resident landlord scheme
The Government has published a manual on property income received by non-resident landlords. It can be seen here, and is where the property is located in the United Kingdom (UK) then any income generated from it is charged to tax in the UK. This applies even if the...
Visa rules eased for building industry
Roofers and plasterers have also been added to the Shortage Occupation List, which temporarily eases visa restrictions in areas where employers are struggling to fill vacancies. The Migration Advisory Committee (MAC) advised adding builders to the list. Advisors on...
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Councillor Gill Williams, Deputy Leader Brighton & Hove City Council has issued the following: I am writing to...
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Rent in Advance
The Renters (Reform) Bill has sparked discussions and concerns among landlords regarding the legal implications of...