News

Will there be a renting apocalypse?

The Sunday Times has run an article on the newfound desirability of ‘Bills Included’ adverts. Entitled ‘Here comes the renting apocalypse’ it can be seen here (subscription might be necessary) and states that ‘‘Bills included’ is now the most searched for term by...

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Agent jailed for conning landlords

A former lettings agent has been jailed for almost three years after admitting conning landlords out of over £80,000.The sentence for Frank Smart - owner of Smart Residential Letting Agents in Newmarket - came after a four year probe by Suffolk Trading Standards,...

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Leasehold and commonhold reform

The House of Commons Library has issued a bew report on leasehold and commonhold reform. The report can be seen here, and in summary (from press release): Leasehold tenure has grown The Department for Levelling Up, Housing and Communities (DLUHC) estimates there are...

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Under-30s tenants and rent

The Guardian reported research by Dataloft showing that four in 10 renters under 30 are subject to tenancy agreements for which the rent exceeds 30 per cent of their pay. Although London has the highest rent levels in Great Britain, in places such as Rotherham,...

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Property tax revenue continues to rise

Latest figures released by HM Revenue & Customs show yet another large increase in the amount of taxation received by the Treasury from landlords and other property owners. Stamp duty continues to soar, reaching £7 billion between April and July 2022 – an increase...

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