Property118 have revealed that the Government have published a draft law to remove the HMO licencing regulations for landlords who will house asylum seekers. It can be seen here, and discusses the good points and bad points, with a Home Office spokesperson saying :...
News
First-Time Buyers | May the Fourth Be With You – Return of the… Help to Buy?
PropertyNotify has published an article discussing the Help to Buy scheme, a flagship government scheme launched by Osborne in 2013 that helped nearly 400,000 first-time buyers to get on the ladder with a total value of £23.6bn. It can be seen here, and suggests that...
An open letter to Sadiq Khan and his plans for a rent freeze
Property118 has published an open letter from a mortgage market researcher, saying he was prompted to write to the mayor after reading on Property118 that Mr Khan had signed a letter urging a rent freeze ‘because landlords can afford it’. The letter can be seen here,...
Politicians warned improving energy efficiency makes mould more likely
John Blackwood, chief executive of the Scottish Association of Landlords, told MSPs that it had seen a significant increase in calls about damp and mouldy properties from members, particularly those who had not previously had an issue. “Members are finding problems...
New Homes falls 40%
The number of new UK homes being registered to be built in the first quarter of this year fell by 40% compared with the same period a year earlier, according to an industry body. The National House Building Council said 27,673 new homes were registered to be built in...
How We Escaped The Landlord Tax Trap
Property118 are running an article on how to save on taxation. It can be seen here Note iHowz cannot vouch for the methods shown, landlords should always take appropriate advice
The laborious legislation that continues to threaten the PRS
Estate Agent Today is reporting that ‘Landlords are exiting the market in droves.’ The full article can be seen here, and cites a report by an accountancy firm ‘who analysed HMRC data, 70,000 buy-to-let landlords left the sector in 2022, taking more than 116,000...
Rents hit fresh high as lack of homes available continues
The BBC are reporting on a recent update from Rightmove. It can be seen here, and says: Average rents have continued to hit new highs, according to property website Rightmove, as the shortage of available properties continues. Asking rents outside London have reached...
Another consultation on short term/holiday lets
The Government has announced a consultation on the potential to introduce a new planning class C5, with a permitted development right to swap between standard residential use C3 and the new C5.This will give planning authorities control by using article 4 directions...
Housing Laws in the Pipeline
As at 26th April 2023 Supported Housing (Regulatory Oversight) Bill NEW This Private Member’s Bill, sponsored by Bob Blackman, would make provision about the regulation of supported exempt accommodation; and make provision about local authority oversight of, and...
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Renters Reform Bill returns to Parliament
After some considerable delay, the Renters Reform Bill has now been scheduled to be debated in the Commons on...
Foxton’s Q1 Update
Strong revenue growth underpinned by significant Sales market share growth and Lettings growth from acquisitions. ...
Research shows investors reducing the size of their portfolio
The Open Property Group's analysis indicates that buy-to-let investors across England and Wales have been reducing the...