Private renters are almost twice as likely to be struggling with problem levels of debt than the general population, with a sharp rise in the numbers in serious financial difficulty since January, research shows. The figures come against a backdrop of private rents in...
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What are the UK’s new immigration rules for international students?
The Government is set to introduce new immigration rules that will involve most international students being banned from bringing their families to the UK with them. A graduate visa currently allows master’s students to bring their partners and children to the country...
Landlords urged not to exit buy-to-let en masse
Property Industry Eye is reporting that ‘research by BVA-BDRC found that a third – 33% – of private landlords in England and Wales plan to cut the number of properties they rent out. By contrast, just 10% of landlords now say they plan to increase the number of...
Gove to U turn on student landlords
A week ago, Michael Gove published his long awaited Renters Reform Bill. Student landlords were immediately concerned that they would be losing the Section 21, whilst also being unable to issue Fixed Term tenancies. This along with the ability of any tenant to give...
Immigration would mean the building of 600k new houses every year
A think tank, The Centre for Policy Studies’ says England needs 616,000 extra homes each year to accommodate record numbers of migrants. This is based on analysis of Government modelling that assumes migrants live in households with an average of 2.3 people, in line...
New builds in jeopardy from landlord exodus
Plunging demand from landlords means under-construction house sales have overtaken flats for the first time since 2007. The fall in off-plan sales of flats risks causing a funding crunch for developers, experts warned, which could reduce housing supply in the future....
MPs urge ministers to get on with leasehold changes
Ministers have been urged to "get a move on" with changes to the leasehold system in England and Wales. Housing Secretary Michael Gove had previously promised to scrap the system which has seen some homeowners face large maintenance bills and legal fees. However, the...
Brokers divided on whether to scrap or fix leasehold ‒ analysis
MortgageSolutions are reporting that ‘The leasehold system is a ‘mess’ that leaves homeowners paying ‘through the nose’ according to brokers, though opinions are divided on whether it should be scrapped entirely or adapted.’ Going on to say ‘The government has...
The rental crisis isn’t a generational problem anymore—it’s a class-based one
Prospect Magazine has published an article stating 'Property ownership—or rather, the impossibility of property ownership—is usually discussed in this country as though it’s perhaps the only remaining source of generation solidarity for millennials. It’s a nice idea'...
Warning about incompetent letting agents
Landlord Licensing & Defence has warned about the problem on agents who do not keep abreast of the law. Compliance expert Phil Turtle says: “We have lots of experience in dealing with agents who simply do not know the law when it comes to licensing a landlord’s...
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CIEH worried about losing Selective Licensing
The Chartered Institute of Environmental Health (CIEH) is raising concerns about the potential impact of the Renters...
Now cheaper to buy than to rent
Research by Rightmove underscores the ongoing trend where buying has become more financially advantageous than renting...
Benefits Britain is refusing to pay rent – and we are footing the bill
The Secret Landlord writing in the Telegraph has highlighted the problem that 'Local councils crumble under...