The First-tier Tribunal has made what is believed to be the first Remediation Contribution Order under the Building Safety Act 2022. The order was made in connection with the remediation of building safety defects at a high-rise residential block at 9 Sutton Court...
Southwark Council has reported that a local landlord had pleaded guilty to breaching planning rules at two properties in Camberwell. Mawan Musa had squashed three small flats into the basement of one of his properties in order to collect rent from three households,...
DLUHC published has a letter from the Secretary of State for Levelling Up, Housing and Communities to the Financial Conduct Authority and Competition and Markets Authority. The letter responds to the final report from a review into the buildings insurance market for...
A new survey by Finbri found that if the UK base rate hits the expected 4.5% in 2023: 52.75% of landlords will raise rents to cover additional expenses 45.35% will consider alternative investments 44.66% will sell their investment properties It also found that: 36% of...
Andrew Lewer, Conservative MP for Northampton South, is calling on the government to help landlords boost rental supply by reforming taxation, and an overall increase in house building volumes in a bid to ease the current mismatch between tenants and available rental...
Under the sub heading ‘The all-out war on buy-to-let landlords has left the rental market on the brink’ Mathew Lynn has published a very telling article in the Telegraph. It can be seen here (subscription may be necessary), starting: ‘Landlords are greedy and...
Barry Webb, chief executive of Mortgage Saving Experts has commented that landlords, battered by high interest rates and tightening energy-efficiency regulations, are losing patience with the property market. Webb has noticed this particularly in the south of the...
Demand for rentals outstrips supply as tax changes and rising rates punish investors the number of landlords choosing to exit the market increased The Bank of England Monetary Policy Report has just been published, and says demand for rental properties has continued...
The Housing Ombudsman has provided an analysis of responses from landlords to the Spotlight report one year on and proposed ten ‘key tests’ for landlords who are producing action plans, as the sector reflects on the inquest into the death of Awaab Ishak and the...
The Financial Times have run an article questioning whether we are seeing the beginning of the end of Buy-to-Let. The article can be seen here (subscription may be necessary), and gives the example of a long term landlord who began buying homes for rent over two...
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