The National Housing Federation has published a report exploring the impact overcrowding has on a family’s physical and mental health, wellbeing, daily lives and relationships. The report, which includes polling carried out by Savanta, finds: More than 310,000...
News
Landlord sentenced for illegal eviction
The Oxford Mail is reporting on a landlord sentenced to nine months’ imprisonment, suspended for two years, and ordered to pay prosecution costs in excess of £15,000 after he removed his tenant’s possessions and left them on the street in the rain while she made a...
Rents continue to skyrocket across the UK
SpareRoom has published a report that shows 'Average room rents rose by 10% or more in every UK region, every London region and nearly all the UK’s top 50 towns and cities in the first quarter of 2023, compared to the start of 2022. The average rent in both London...
Labour plots second home ban in Brighton
In the forthcoming local election in Brighton Labour is promising to unleash a package of measures to fight against the rise in second home ownership, which they say is making it difficult for local residents to find places to live. They have pledged a second homes...
UK RIGHTMOVE HOUSE PRICE INDEX
UK average asking prices rose by 0.2% month-on-month in April. According to Rightmove, year-on-year they increased by 1.7%, slowing from growth of 3% in March. The average asking price for a UK home now stands at £366,47, up £890 versus last month. For a first-time...
Benefits Tenants Start Receiving Cost of Living Payments
More than eight million households across the UK will start receiving a GBP301 cost-of-living support payment from the government from Tuesday. It is the first of three payments, totalling up to GBP900, for those eligible and on means-tested benefits, such as...
Holiday homes being repossessed for first time in years, landlords warned
The Telegraph is reporting on an interview with Graham Donoghue, the chief executive of Sykes Holiday Cottages, who has said that owners were having their properties taken over by banks after rising rates left them with crushing monthly repayments. It can be seen...
Easy ways to pay less tax that every landlord should know
The Telegraph has an article on tax efficiency. It can be seen here (subscription may be necessary) and concentrates on the ownership of properties.
Landlords suffer from disastrous, get-rich-quick “rent-to-rent” schemes
The Telegraph is running an article on how some landlords have been left with problems after entering into disastrous, get-rich-quick “rent-to-rent” schemes. It can be seen here (subscription may be necessary) and cites a landlord who was left £15,000 poorer after...
Who pays the fine?
A Tribunal judge has warned landlords that unless they have a specific contractual arrangement with their letting agency to keep them abreast of licencing requirements it will – in most circumstances – be the landlord who pays the fine for non-compliance. Judge...
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Have rents peaked?
The chief executive of Winkworth, one of Britain’s largest franchise agency chains, Dominic Agace, has raised concerns...
ONS Housing Data
The annual decline in UK house prices slowed to 0.2% in February, marking its lowest rate of decrease in eight months,...
Mixed messages from the new-build sector
The quarterly assessment by investment platform easyMoney indicates a potential upswing in the new-build property...