Breathing Space commences today – importantly for Landlords, the standard form Section 8 Notice has been amended to refer to the Breathing Space Regulations.
Breathing Space commences today – and new Section 8 issued
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News
Domestic Abuse Act 2021
On 29 April 2021 the Domestic Abuse Bill received Royal Assent. For the first time there will be a wide-ranging legal definition of domestic abuse which incorporates a range of abuses beyond physical violence, including emotional, coercive or controlling behaviour, and economic abuse.
Cladding loan scheme
On 29 April 2021 the Commons Housing, Communities and Local Government Committee published a follow-up report on cladding urging the Government to re-commit to the principle that leaseholders should not have to pay for the removal of unsafe cladding from their homes.
Fire Safety Act 2021
On 29 April 2021 the Fire Safety Bill received Royal Assent. The Fire Safety Act amends the Regulatory Reform (Fire Safety) Order 2005. It aims to make it clearer where responsibility for fire safety lies in buildings containing more than one home.
A different way to invest in property: The rise of the Landlord-Developer
You have a spare £50k and you like the idea of using it to make a profit through property. Once upon a time, buy-to-let would be the obvious strategy to pursue. But these days, not so much.
Government guide for landlords updated
new processes for landlords to reactivate a possession claim after 30 April
Rents and tenants increase
According to the trade body, there were 84 tenants per branch in March compared to 82 in February, with the West Midlands recording the highest number of new tenants registered per branch of any region last month at an average of 157.
More investors expanding than reducing: report says
For the first time in four years, the proportion of landlords who say they plan to expand their portfolios is higher than those who say they intend to reduce.
Landlords without EICR now facing fines of up to £30,000
The deadline for landlords to obtain an EICR was April 1st. That deadline has now passed, and any landlord who missed it is facing a fine of up to £30,000.
Auction statistics
The Essential Information Group has published a newsletter on the number of auctions since 2009.
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