Today (17/7/24), the introduction of a new Renters' Rights Bill was confirmed in the King's Speech. The King briefly mentioned that the government plans to enhance "greater rights and protections to people renting their homes, including ending 'no fault' evictions and...
News
Inflation rate down
The latest inflation data for June 2024 provides a detailed picture of price changes in the UK economy: Overall Inflation Rates CPIH (Consumer Prices Index including owner occupiers' housing costs): Annual Rate: Increased by 2.8% in the 12 months to June 2024, the...
Summary of June 2024 Property Auctions Performance
The Essential Information Group has just published their monthly newsletter. It can be seen here, and, in summary says: Commercial Property Auctions: Overall Growth: Significant increase in lots sold by 37.2% compared to last year. Revenue Surge: Total revenue up by...
Hertfordshire Landlord Convicted for Illegal Eviction and Harassment
We are publishing this story to remind you that the excuse offered by the landlord 'barrister argued that he lacked experience as a landlord, as this was his first tenanted property' is completely unacceptable. St Albans Magistrates Court recently convicted Olufemi...
Industry Bodies Call for Regulation of Property Agents in Open Letter to Housing Secretary
Propertymark and the Royal Institution of Chartered Surveyors (RICS) are among the key industry bodies backing an open letter to the new Housing Secretary, Angela Rayner, urging the government to implement regulation for property agents. The letter calls for a meeting...
Are you getting your Brighton licensing discount?
Landlords in Brighton are having to re-apply for licensing, where required. Are you aware Brighton offer a discount of £75 per property for being accredited with iHowz? You can take the test for £30 email us if you want more information - [email protected]
Landlords Facing Tough Decisions Amidst Rising Buy-to-Let Mortgage Rates
Writing in the Propert118, David Coughlin advises 'Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell' The article can be seen here, and in summary says that recent news has presented mixed signals for landlords deliberating...
Key Bills in the Upcoming King’s Speech: An Overview
The government is gearing up for a packed King's Speech, this Wednesday (17th), with plans for at least 30 bills covering various priorities from Labour's manifesto. Note, there is no announcement of the contents of the King's Speech, as Protocol dictates it is the...
Recovering Damages Beyond the Security Deposit: A Guide for Landlords
Property118 has published a useful article on how to recover legitimate costs from a tenant. It can be see here, and in summary says: When a tenant vacates a rental property, landlords often face the challenge of discovering damages or repair needs that exceed the...
Lloyds Banking Group’s Social Housing Initiative
Overview Lloyds Banking Group, the UK's largest mortgage provider, is set to transform its disused office sites into social housing. This initiative aligns with the bank's strategic shift following the Labour Party's election win, which has heightened focus on...
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Renters’ Rights Bill in Parliament next week
The UK government is set to introduce the Renters' Rights Bill in the House of Commons next week, which will ban...
Property sales not adversely affected by poor EPC rating
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