Landlord Grainger reported like-for-like rental growth of 4.5% in the 11 months to the end of August. Its financial year runs to September 30. "Momentum in the business is continuing to accelerate and our mid-market strategy and in-house scalable operating platform...
News
Gas Safety Week 2022
This week (12/9/22) sees the campaign annually highlighting to agents, landlords and consumers of the dangers of poorly maintained gas appliances, which can cause gas leaks, fires, explosions and carbon monoxide (CO) poisoning. The 2022 campaign focuses on the steps...
Revealed: A quarter of Truss’s new cabinet are landlords
Liz Truss's new housing secretary has received money from a property lobbyist and her cabinet includes at least six landlords who each receive thousands of pounds in rent a year, analysis by openDemocracy has found. Simon Clarke, who was appointed to lead the...
Landlords rush to auction as profits crash
The Telegraph are running an article on landlords ‘flocking to auction houses in search of a quick sale after tax changes and rising interest rates killed off their profits.’ It can be seen here (subscription might be required), and goes on to say that ‘A series of...
Two Housing Ministers resign
Two days after being appointed, two of the housing ministers have stepped down to ‘return to the back benches’. Eddie Hughes, rough sleeping minister, and Marcus Jones, housing minister, announced that they are returning to the back benches amid the reshuffle of...
Goodlord report that agents are bracing for landlord exit
The majority of agents surveyed by Goodlord (67%) say they expect more landlords to exit the private rented sector (PRS) this year. This is in addition to the 28% of the 2,600 agents, landlords and tenants asked by the firm who say that more than 10% of the landlords...
Housing Minister appointed
Marcus Jones MP has been appointed the Minister for Housing, Eddie Hughes remains Minister for Rough Sleeping and Housing, which is interesting as Eddie Hughes was the principal architect of the White Paper, A Fairer Private Rented Sector. Like his boss, Simon Clarke...
Now we know who the Housing Secretary is
Last week we reported that two names were in the frame as Housing Secretary (see here) Jacob Rees-Mogg or Edward Argar. As it turns out, neither have been announced, Simon Clarke has got the job, we are still waiting to hear who the actual housing minister will be. ...
Landlord numbers are increasing
Market analysis from Total Landlord Insurance has revealed that despite the Government’s best efforts, the number of landlords within the British rental market has climbed by 2.4 per cent since 2016/17. Total Landlord Insurance analysed the current estimated number of...
Landlords face a crisis that will be ‘worse than during pandemic’
The Telegraph has run an article claiming that landlords ‘will lose thousands of pounds in rent as the cost of living crisis pushes the number of households falling into arrears to an 11-year high – and a third more than during the pandemic. The article can be seen...
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Many councils want to double eviction period
A letter signed by 103 local authority leaders, urging Housing Secretary Michael Gove to support an amendment to the...
East Sussex council is able exclude people with disabilities that may contribute to anti-social behaviour (ASB) from social housing – High court rules
The case involving the claimant who suffered from autism, ADHD, and alcohol dependency and brought a judicial review...
Crawley Borough Council has declared a housing emergency
The declaration of a housing emergency by Crawley Borough Council, as reported by Sussex World, underscores the...