Despite having a rough ride over the last few years in terms of tax measures imposed on them, it seems that confidence among UK landlords is growing, with the latest data revealing that they're putting their money where their mouth is.Mortgage products designed to...
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Councils use computers to find low EPC properties for £5,000 fine
Threatening fines of up to £5,000 for any rental property with an EPC lower than Band E, councils are now using artificial intelligence to pull together all manner of records and information to cross-correlate properties on the EPC register with ratings F or G so that...
Green Homes Grant scheme to insulate houses axed
A much-promoted grants scheme to help householders in England insulate their home is to be scrapped within days. The Green Homes Grant (GHG) reached just 10% of the 600,000 homes the chancellor promised would be improved. The scheme will be stopped on Wednesday and...
Government Legislating to Rule Out COVID-19 Related MCC Business Rate Appeals
Retail, hospitality and leisure businesses have not been paying any rates during the pandemic, as part of a 15 month-long relief which runs to the end of June this year. Many of those ineligible for reliefs have been appealing for discounts on their rates bills,...
Town Hall pushes landlord licensing scheme
Hackney Town Hall is working to “bring on side” landlords who are yet to join its licensing scheme, designed to drive up standards for the borough’s private renters. Around 45 per cent of eligible properties are still not signed up as the project enters its third...
Letting agents warned to brace for upheaval when eviction bans ends
Letting agents are to face a wave of re-possessions and abandoned tenancies when the evictions ban ends on 31st May, landlords have warned. Some 840,000 tenants are now behind with their rent, many of whom are so hopelessly in debt that there is little chance of them...
April 1 could be no joke for landlords
Mortgage Strategy have published an article on what April 1st holds for landlords. It can be seen here, and says:- Nobody knows why we celebrate April Fools on 1 April or why, for one morning each year, it’s acceptable for us to play pranks on each other. It’s just...
UK property prices increase; or have they?
UK house prices UK house prices increased by 7.5% in the year to January 2021, down from 8.0% in December 2020. On a non-seasonally adjusted basis, average house prices in the UK decreased by 0.5% between December 2020 and January 2021, compared with an increase of...
Preparing for A Summer of Property Buying Activity
Property Notify has published an article by Alpa Bhakta, the CEO of Butterfield Mortgages Limited on the likelihood of a Summer Buying spree. It can be seen here.
Landlord fined for letting family live without heating, hot water and working toilet
A landlord has been fined £5,000 for letting his tenants live in ‘disgraceful conditions’. Dharminder Singh Dale forced a young family renting a house in Walsall, West Midlands, to go without heating, hot water or a working toilet, Birmingham Live reports. Eventually,...
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Student flats for sale in Brighton
A development of 450 student flats in Brighton, known as 5 Circus Street, has been put up for sale for £67 million....
Tenant bidding wars – Why are landlords being blamed?
Property118 has published a blog by the Landlord Crusader wondering why it is that landlords are always blamed for...
New ONS data published
The ONS has published data on household debt. The summary report can be seen here, and says: Household Debt:...