Invest in Property Assets have published a post claiming 'There Won't Be a House Price Crash... Yet!' It can be seen here
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PRS under threat – now from short term lets
A report from Propertymark highlights that the recent pandemic helped to fuel the rise in short let properties because many people decided to holiday in the UK rather than risk travel abroad. However, the report, ‘The impact of short-term/holiday lets on UK housing’...
Landlord fined after tribunal appeal
A landlord in Cromer has been issued with a £16,000 penalty, after the Residential Property Tribunal dismissed an appeal and upheld a financial penalty notice. The Council issued the landlord with an Improvement Notice, which escalated to a Financial Penalty...
Exempt housing and support services are a ‘complete mess’, says Committee
This week providers of "exempt" housing were slammed by the cross party DLUHC Committee, saying "The current system of exempt accommodation, a type of supported housing that is used to house a range of people with support needs, is a ‘complete mess’ that is failing...
Shop Vacancy Rates begin to Fall
The number of empty shops in the UK has continued to fall but remains higher than pre-pandemic levels amid fears that falling consumer confidence will test the fragile recovery. The overall vacancy rate across Britain fell to 14% in the third quarter, 0.1 percentage...
New PRS advisory board
A landlord representative is to be a member of a new advisory panel which has been set up by the Property Redress Service.The PRS is one of two government-backed redress schemes for agents (the other is The Property Ombudsman) and there is a long-standing commitment...
Homelessness financial support
On 20 October 2022 32 homelessness organisations from across England, coordinated by Homeless Link, wrote to the Chancellor Jeremy Hunt. The letter calls on the Chancellor to implement a rise, in line with inflation, for homelessness financial support in the coming...
Key risks facing social housing sector in 2022 and beyond
The Regulator of Social Housing has published a sector risk profile setting out the main risks facing the social housing sector and some of the actions registered providers should be taking to manage those risks. The report shows that providers face substantial...
Rehousing homeless people – England
The Guardian has reported the result of a Freedom of Information request which revealed that more than 6,000 households were moved more than 20 miles from their local neighbourhood in out-of-area placements by 53 councils in the last four years. The Guardian notes...
Safety in high-rise buildings: Residents’ Panel
The Building Safety Regulator (BSR) is calling on residents of high-rise buildings in England to become a part of a Residents’ Panel, ensuring their voice is heard during the development and implementation of the new building safety regime. The Building Safety Act...
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Landlords get lower CGT but may have higher exit costs
Landlord Knowledge has published an article pointing that lower Capital Gains Tax might be offset by high exit fees....
Landlords capital gains tax bills jump £1,600
Mortgage Finance Gazette are reporting how the recent changes to capital gains tax and their impact on landlords,...
English Housing Survey: local authority housing stock
The Government has released details of local authority housing stock. It can be seen here. It states that...