A growth in inquiries from UK house-hunters in October is yet to translate into a pick-up in sales, according to surveyors. Despite an overall net balance of 10% of property professionals reporting an increase in new buyer inquiries, estate agents only have 37 UK...
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Fitting of Carbon Monoxide alarms being extended
The Government have announced that the requirements for fitting of a CO alarm has been extended. Previously, it was only necessary to fit a CO alarm in a room where there was solid fuel heating, they strongly recommended also fitting where there was gas. That is now...
Council’s encourage landlords to improve energy efficiency
A council in a largely-rural area of Suffolk is the latest to have won additional funding to push landlords into making their properties increasingly energy-efficient.Babergh and Mid Suffolk District Council is one of a number in the county to have secured a total of...
Two thirds of parents would buy a home for their child to live in at university
This is Money are running a piece entitled - 'Two thirds of parents would buy a home for their child to live in at uni: Is it a good idea and how do you make money as a student let landlord?' It can be seen here, and explains that it makes a lot of sense for parents...
Shawbrook introduces new buy-to-let portfolio product
Shawbrook Bank has unveiled a new mid-range product to its buy-to-let proposition, aimed at supporting portfolio landlords owning ‘simple’ property types. Customers who meet the criteria will have access to a reduced five-year fixed rate of 4.09% up to 75% LTV. This...
London landlords see turn-round
After two years in the doldrums and high levels of over supply, prime central London is at last a landlord’s rental market according to a leading agency.“With demand outstripping supply, landlords are currently in a strong position and those who have been considered...
Is Airbnb moving into traditional landlords’ business?
Airbnb has amended its rules to allow users to search for stays up to 12 months (from six) and the platform is overtly linking this with announcements by many high profile companies - including Procter & Gamble, Ford Motor Company, PwC, and Amazon - that its...
MPs criticised for exploiting rent expenses loophole
The Property Industry Eye are running a piece on the perceived double standards of MP's for letting out their London properties, whilst renting another property using tax payers money. It can be seen here, and says: Some senior Tories have accused MPs, many of which...
Councils accused of not taking action against criminal landlords
Two thirds of councils in England have failed to prosecute any criminal landlords in the last three years, according to new research. A freedom of information request by the National Residential Landlords Association (NRLA) found 67% of councils had not successfully...
Brighton and Hove landlords face naming and shaming on public database
Rogue landlords should have their details included on a database on Brighton and Hove City Council’s website, according to a Labour councillor. Gill Williams, who used to chair the council’s Housing Committee, also wants “a zero tolerance approach to rogue landlords”....
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Gravesham Council Warns Landlords
Gravesham council is urging landlords of Houses in Multiple Occupation (HMOs) to meet their legal responsibilities...
Paragon reports
In their latest trading update, Paragon Banking Group reported: "We have seen an encouraging start to the financial...
Report of new builds in England – July to September 2023
The Government has just published its quarterly report ‘Housing supply: indicators of new supply, England' for July to...