On 12 May 2021 the Leasehold Reform (Ground Rent) Bill received its first reading in the House of Lords. This Government Bill would make provision about the rent payable under long leases of dwellings. Second reading is scheduled for 24 May 2021. For the Bill as...
News
Commonhold Council launched
On 13 May 2021 the MHCLG announced the launch of the Commonhold Council, an advisory panel of leasehold groups and industry experts who will inform the government on the future of this type of homeownership. The commonhold model is used widely around the world and...
Assured Tenancies and Agricultural Occupancies (Forms) (England) (Amendment) and Suspension (Coronavirus) Regulations 2021
These regulations, which come into force on 1 June 2021, amend the Assured Tenancies and Agricultural Occupancies (Forms) (England) Regulations 2015. Sections 8(3) and 21(8) of the Housing Act 1988 give the Secretary of State power to prescribe the form of a notice of...
Mortgage possession statistics – England and Wales
On 13 May 2021 the Ministry of Justice published quarterly national statistics on possession claim actions in county courts by mortgage lenders and social and private landlords. The statistics cover the period from January to March 2021. This quarter covers the period...
Landlord possession statistics – England and Wales
On 13 May 2021 the Ministry of Justice published quarterly national statistics on possession claim actions in county courts by mortgage lenders and social and private landlords. The statistics cover the period from January to March 2021. This quarter covers the period...
Landlords on the lookout for discounted properties
34% of landlords have recently purchased another buy-to-let property or intend to buy one within the next nine months, according to the fundings of a survey by the Deposit Protection Service (DPS) and Zephyr Homeloans. The survey of 300-plus landlords suggests that...
Sheffield landlord fined after throwing out tenant’s belongings and changing locks
A private landlord who threw out a tenant's belongings and changed the locks on the front door has been fined over the illegal eviction. Antanas Danilevicius had fallen into rent arrears and got home from work last February to see his belongings including his...
Furnished holiday letting in the time of Covid
As the further easing of lockdown restrictions enables the re-opening of the accommodation sector, Chris Williams from AccountingWeb summarises the key conditions surrounding furnished holiday letting (FHL). The article can be seen here, and you will need to register...
Fewer homes bought by landlords has pushed up rents; survey finds
Punitive tax changes have meant that landlords have bought a quarter of a million fewer homes in the past five years. Since April 2016, landlords have bought around 700,000 homes across Britain. This is 250,000 - or 26 per cent - fewer than they would have if the tax...
Is the tide turning for the lettings industry?
Graham Norwood has just published an article where he is confident of the future for the PRS. It can be seen here.
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Leasehold and Freehold Reform Bill has passed its second reading
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