Mortgage Introducer is running a piece stating that ' buy-to-let mortgage borrowing has recently reached a record high.' The blog can be seen here.
News
How landlords can save money on their properties: buy-to-let tax loopholes and tips
The Daily Telegraph are running a series of articles on saving money on tax bills for landlords. The first one can be found here the second here and the third and last here
More landlords leave the market
A report by Vouch & Goodlord has found that a growing number of landlords are leaving the market, prompting a lack of rental properties. The report found that 83% of agents have seen landlords leave the sector in the past year and 64% believe the coming year will...
New Housing Secretary appointed
Following a cabinet reshuffle, Michael Gove MP has been appointed as the new Housing Secretary. He replaces Robert Jenrick MP, who was the Housing Secretary since July 2019. The other Ministers in MHCLG remain the same, with Christopher Pincher remaining the Housing...
Young landlord says there is no reason young people cannot buy a house
A student landlord in his 20s says there is no reason young people can't buy their own homes - as long as they don't 'go drinking' and 'make the most out of living with parents'. Josh Parrott acquired his first property when he was just 19 years old by using cash he...
Good EPC won’t help when you sell
A new survey by Nationwide shows that there’s just a 1.7 per cent house price premium on homes with EPC ratings A or B compared to a D-rated property.Those homes rated F or G attract a 3.5 per cent discount compared to a similar D-rated property.“Decarbonising and...
Barry Cocum
We are sorry to have to report Barry Cocum died peacefully in his sleep in August. Many of the long-term members, especially Brighton members, will remember Barry as being very enthusiastic board member, who was personally responsible for a large growth in the...
Tenant Fees Act barrier to renting with pets
A new Report and open letter have been sent to the Secretary of State for Housing to highlight the negative impact the Tenant Fees Act has had on renting with pets. The Letter, backed by a cross-party group of over 35 MPs, as well as leading pet charities,...
Why rent control isn’t working in Sweden
The BBC have just done an expose on rent controls, and the effect on the market. It can be seen here, and points out that tenants struggle to find properties, especially in Stockholm because of the lack of rental property due to the regulations designed to prevent...
Tenancy disputes reduce during Covid, says TDS
The pandemic has had changed the private rental market in many ways, but one positive impact is that the number of tenancy disputes between renters and their landlord or agent has reduced. TDS says 0.7% or 26,907 of tenancies resulted in a dispute during the 2020/2021...
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Local Housing Allowance £800 boost for 1.6 million renters
The UK government has announced an increase in Local Housing Allowance (LHA), benefiting more than one million renters...
Labour Pushes for Regulation of Property Agents Through Bill Amendment
The UK Labour Party is seeking to introduce regulations for lettings, estate, and buying agents through an amendment...