A landlord who rents out homes in the South Gloucestershire and Bristol area has been ordered to pay over £44,000 after a court found him guilty of a serious housing offence and for contravening a Local Government Act. Mr Giuseppe Sutera, also known as Joe Sutera,...
News
Household Debt: Key Economic Indicators – House prices
The House of Commons Library has published its latest report on Key Economic Indicators on house prices. It can be seen here, and says: House prices, as measured by the UK House Price Index, increased by 3.5% between April 2022 and April 2023. On a seasonally adjusted...
Housing supply: indicators of new supply, England: January to March 2023
The Government has just published a report on new properties in the period January to March 2023 . It can be seen here, and says: 1. Key statistics 1.1 Building control figures (seasonally adjusted) According to building control figures, between 1 January and 31 March...
the regulator of social housing sets out key damp and mould findings for social landlords
The regulator of social housing has published a report setting out how social landlords are approaching the tackling of damp and mould in their tenants’ homes. The report highlights the features of the strongest and weakest approaches, so that landlords can learn...
Large landlords to spend substantial sum to meet EPC standards
Professional landlords plan to spend big in order to meet incoming Energy Performance Certificate rules, Handelsbanken Professional Landlords Survey shows. Of investors with an average of 29 properties, one in five (19%) plan to invest£500,000 or more over the next 12...
Zoopla reports price cuts to achieve sales
More than four in 10 UK house sellers are having to shave more than 5% off the original asking price to achieve a sale, according to Zoopla, in signs that rising mortgage rates are dampening the market. The property website said this proportion, seen in June, is the...
Councils need more funding to enforce no-fault evictions ban
Local authorities in England have raised concerns about the need for additional staff and funding to effectively enforce the proposed banning of Section 21 ‘no-fault’ evictions in the Renters Reform Bill. In an interview with the BBC Darren Rodwell, the LGA’s housing...
National Register For Rogue Tenants: A Mitigation Strategy Proposed By Property Lawyer
In a bid to shield landlords and agents from problematic tenants, a campaign urging the UK Government to establish a ‘Property Possession Order Register’ has been initiated. The objective of the proposed register is to reveal the history of tenants notorious for their...
Mortgage news
The average price of two- and five-year fixed-rate mortgages in the UK has hit its highest level for seven months, putting further pressure on borrowers who are reaching the end of their deals. Data from the financial information firm Moneyfacts showed the cost of a...
Rising cost of living in the UK
The House of Commons Library has published its latest report on Rising cost of living in the UK. It can be seen here, and says: The cost of living increased sharply across the UK during 2021 and 2022. The annual rate of inflation reached 11.1% in October 2022, a...
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Buy to Let purchases reducing
Analysis from Paragon Bank highlights a significant shift in the buy-to-let property market, particularly in Southern...
Summary of the Renters Reform Bill
The Renters Reform Bill was originally introduced in Parliament in May 2023. It was trailed in the Government White...
Sadiq Khan: leaseholders in England should have the right to withhold service charges
Sadiq Khan, the Mayor of London, has called for leaseholders hit with exorbitant and unjust service charges to have...