After the Government’s ‘Tax Day’ on Tuesday 23rd March, Landlords have been warned that there may be a surprising change buried in the announcements relating to the Making Tax Digital programme. For the most part, the announcements made on ‘Tax Day’ had little impact...
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Clock ticks for electrical checks warns charity
Leading safety charity, Electrical Safety First, is reminding England’s private landlords of their new obligations around electrical safety in their properties. The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020, require private...
COVID-19 and renting: guidance for landlords, tenants and local authorities
The Government have updated their guidance for landlords; tenants and local authorities stating:- Non-statutory guidance for landlords, tenants and local authorities in the private and social rented sectors in the context of Coronavirus (COVID-19). It can be seen...
Landlord Insurance Market to Witness Massive Growth
Latest Report Available at Advance Market Analytics, “Landlord Insurance Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth. The global Landlord...
50,000 Homes Upgraded with £562 Million Government Cash Boost
From this week, the homes of 50,000 households will be upgraded with green improvements from a £562 million fund, reducing carbon emissions and supporting thousands of green jobs across the country, the UK government announced today (23 March 2021). The £562 million...
Guide to BTL remortgaging in 2021: The impact of coronavirus
Mortgage Introducer have published an article on re-mortgaging after Coronavirus. It can be seen here.
Councils Given Power to Build More Homes for First Time Buyers and for Social Rent
Councils in England will have more freedom on how they spend the money from homes sold through Right to Buy (the sale of a council house), to help them build the homes needed in their communities, under reforms announced by Housing Secretary Rt Hon Robert Jenrick MP....
Legislation is the greatest challenge facing the letting sector
A recent survey of more than 14,000 respondents in the private rented sector, including letting agents, landlords and tenants, has found that current legislation is the greatest challenge facing the sector. Some 76% of respondents feel legislation is the greatest...
New Fire regulations proposed for HMO’s
Landlords and managing agents of HMOs could face unlimited fines following new measures being brought in to strengthen fire safety, the Home Office has announced. Exact details are awaited but the new measures, announced as part of the government’s response to the...
Best places for yield in London identified by letting agent
London-focussed lettings agency Portico has drawn up highly localised hotspots within the capital for landlords seeking the best yields. According to the agency, East London offers the best rental yields in the capital. Barking has one of the lowest median house...
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Consultation on restricting ground rent for existing leases
The Government has published a consultation on restricting ground rent for existing leases. It can be seen here, and...
New Bank of England warning
The Bank of England has warned that household finances in the UK remain stretched, and the full impact of higher...
Letting Agent fined £17k
iHomes Letting Limited, a letting agency in Telford, has been fined nearly £17,000 for breaching seven offences...