The rental market stock surplus is now at a lower level than before Covid hit, according to research from buy-to-let specialist, Sequre Property Investment. The level of stock surplus climbed when the pandemic hit in 2020, hitting a high of 171,080 properties listed...
News
Would Labour solve the Housing Crisis?
Lucy Powell, Shadow Secretary of State for Housing, has said in her Labour Party Speech, that she sees housing as a public health issue. She specifically picked out: issues of quality affordability security in private rentals and ending rough sleeping, and No-Fault...
New Planning Reforms ditched!
New planning reforms set in motion by Robert Jenrick, Boris Johnson and Dominic Cummings are to be scrapped. Plans aimed to curb councils’ power to oppose developments and speed up delivery of new homes in England announced in Planning for the future Autumn 2020 have...
Are house prices rising, or not?
Last July, the Times reported 'House prices could rise by more than 20% in five years' Today, they are reporting that 'House price rises to ease after this year’s sales boom, estate agency Hamptons says' Todays article starts: House price growth will slow over the...
Triple whammy set to leave the poorest £1,000 out of pocket
The Times have run an article commencing: Poorer families could be £1,000 a year worse off due to a “triple whammy” of prices rises, tax increases and benefit cuts, a think tank has warned. The Resolution Foundation urged ministers to cancel an impending cut to...
Kent landlord stabbed
A car wash worker lashed out with a knife during an "astonishing and fearsome" incident after a landlord tried to stop a violent row between her and a lover. Angry Alicja Orminska lashed out at Krzysztof Dobosz with a kitchen knife as he tried to placate the furious...
BTL mortgage rates fall to lowest point since January
Moneyfacts have just published a blog discussing buy to let (BTL) mortgages, and whether BTL is still a good investment. It can be seen here, and says: Landlords looking to lock into a new buy-to-let (BTL) mortgage deal will be pleased to see that the average rates on...
House of Commons report for landlords
The House of Commons has published a report entitled ' Extended notice periods for tenants' It can be seen here: in addition to covering the history of eviction periods over the past 18 months, the full report also covers all the matters that were put into place to...
Legal help: where to go and how to pay
The House of Commons Library published a briefing paper providing information about where to seek legal help and advice, including: finding legal help; self-representation; legal aid; pro bono legal help; other ways of finding legal advice, including organisations...
Making Tax Digital pushed back another year
The Treasury have announced that Making Tax Digital will now be introduced in April 2024. More details can be seen here. Note that they have also published help on getting ready - see here. Fianlly, don't forget that our October landlords meetup will concentrate on...
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Financial strain and abolition of Section 21 are driving landlords out of the PRS
In an interview with Property118, Gina Peters, the head of landlord and tenant at law firm Dutton Gregory, says many...
Average rental yields jump to almost 7% in England and Wales
Eleanor Harvey has published an article in the BuyAssociation starting 'Three areas in particular have seen rental...
MPs urge tighter housing condition controls
MPs on the all-party Health and Social Care Committee are urging the government to take urgent action to protect...