Best Advice have run a piece by the chief commercial officer at Fleet Mortgages, Steve Cox, commenting on the harm being done to landlords by politicians. It can be seen here, and starts: There seems to be a lot of noise around the buy-to-let/private rental sector at...
News
More tenants looking for a bungalow
Bungalows are expected to become a more popular choice of home for renters in the next 10 years, research by Paragon Bank has revealed. As many as one in 10 rented homes could be a bungalow in the next decade as landlords expect to see a rise in the number of older...
‘I’m paying people to buy 40 of my houses because the Government hates landlords’
The Telegraph is running a piece on a Nottingham landlord who is making his tenants an unconventional offer – he will gift them a deposit so they can buy their homes from him. If they cannot get a mortgage, he is also prepared to cut the sale price by a tenth, with...
Camden relaunches landlord appeal that supported over 20 homeless residents into accommodation
Camden Council are appealing for landlords to help them house some of the homeless in the Borough – see here. We have written to the Councillor involved, pointing out that we have many members who have been willing to help in the past. But with the proposed abolition...
DWP guidance on deductions from benefits
The Department for Work and Pensions (DWP) has published guidance that explains how creditors, including landlords, can request deductions from benefits to help people manage debt. The guidance is aimed at all creditors, such as landlords, local authorities, and...
You can’t force people to be landlords. So, where will low-income families live if they sell up?
Tessa Shepperton has just published a new blog on the potential unintended consequences if the Section 21 be removed. It can be seen here, and follows from our paper published, and sent to all MP's before Christmas - see here for a summary, and our campaigns page...
Landlord fined for failing to meet electrical safety standards
A landlord has been fined £7,500 for not complying with electrical safety standards at a property he owns and lets out in Radcliffe, Greater Manchester. He failed to produce a valid Electrical Installation Condition Report (EICR) for the house, meaning the council’s...
Changes to Universal Credit will affect millions of Britons in the coming months.
This year, major changes to Universal Credit will be implemented, potentially affecting millions of households across the country. Several changes are expected, including managed migration and the inclusion of thousands more people in the program. Managed migration As...
Inflation and high interest rates hit renters and landlords – but investors can mitigate impact
Landlords who locked into a mortgage during the height of the COVID pandemic will reportedly be hit with the highest buy-to-let interest rates since 2015. According to a report in The Daily Telegraph, landlords face paying more than £1,600 extra a year, while...
Update to the Cladding External Wall System
The House of Commons library has published an update to the requirements for the External Wall System (EWS) - it can be seen here, and says: Why was EWS introduced? After the Grenfell Tower fire, the focus was on removing aluminium composite material (ACM) from...
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Britain is on the verge of a new house price boom
Writing in the Telegraph Kallum Pickering, a senior economist, opines that 'It is now even more evident why the panic...
Over a third of property professionals view Budget as opportunity to boost new build and FTB markets
A webinar poll undertaken by Countrywide Surveying Services (CSS), one of the leading suppliers of property risk...
Landlord fined after losing appeal
A council has succeeded in an appeal regarding two Civil Penalty Notices (CPNs) issued to a landlord in relation to a...