The London Borough of Redbridge is currently running a twelve week consultation on plans to renew an additional HMO licensing scheme in the borough, for another five years. If approved, the scheme would apply across all wards in the borough. Have your say on the...
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L&G to plough £2.5bn of pension cash into homes for rent: FT reports
The Financial Times has published an article reporting a large investment in buy-to-rent. It can be seen here, and says: Legal & General plans to invest a further £2.5bn of pension savings in “build-to-rent” developments over the next five years, aiming to create...
Homes for Afghan Refugees.
The government is again calling on landlords to submit offers of homes for families evacuated from Afghanistan. They have relaunched their housing portal, where landlords can put forward suitable properties to be matched up to families by local councils. They are...
Romans had to amend their contract following recent case
The leading estate agency Romans has been forced to amend ‘misleading’ contract paperwork after the Property Ombudsman upheld a landlord’s complaint about continuous fees. Karen Markham was awarded £408 compensation from a branch of Romans after it ruled she had...
Council pledge to fine landlords “keeping deposits unnecessarily”
A council says it’s going to clampdown on landlords who are “keeping deposits unnecessarily” and agents “charging unpermitted fees.”The pledge comes from North East Lincolnshire council which has announced it’s adopted the Lettings Legislation Penalty Notice policy....
Buy-to-let investors are increasingly buying energy efficient homes, but with new EPC rating rules not set in stone, are landlords jumping the gun?
This is Money are running an article on landlords trying to guess what EPC rating rental properties will be. The article can be seen here, and says: So far in 2022 the share of homes bought by investors with an EPC of A-C is 50% This is up from 39% last year and 33%...
Khan calls for bigger fines to punish rogue landlords
The Mayor of London, Sadiq Khan, has called for bigger fines to be issued to rogue landlords as part of a move to protect the capital’s renters. The mayor has called on ministers to double to two years' worth of rent the amount that tenants can claim back if their...
Leasehold Reform (Ground Rent) Act 2022
On 8 February 2022 the Leasehold Reform (Ground Rent) Bill received Royal Assent. The Act restricts ground rents on newly created long leases of houses and flats to an annual rent of one peppercorn (a token of no financial value). For the Act, click here. For a House...
Removal of dangerous cladding
On 15 February 2022 the DLUHC said that it proposed to make amendments to the Building Safety Bill which would have the effect of blocking developers and manufacturers from the housing market if they did not help fix cladding safety issues. It said the changes would...
UK rental costs: Zoopla
On 9 February 2022 Zoopla reported that average UK rents are approaching £1,000 pcm – £62 per month more than at the start of the pandemic – as the increase in the cost of living squeezes households. Zoopla has found: Average annual UK rental growth has reached a 13...
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Prime Minister criticises Council Tax rises
Rishi Sunak has voiced criticism towards local councils in England for proposing council tax increases exceeding 5%,...
Council-owned company evicts tenants to repay £18m council debt
Tenants of NCH Enterprises, a council-owned company managing housing stock in Nottingham, are facing eviction as the...
temporary licensing requirements for asylum seeker accommodation scrapped
The Government has decided to scrap plans to temporarily remove licensing requirements for asylum seeker accommodation...