The House of Commons Library has just released a report summarising the help available for landlords and tenants, and can be seen here. It concentrates mostly on establishing security of tenure for tenants, without mentioning the increasing problem of tenants able to...
News
Landlords left out of Chancellor’s super deduction tax break
Heather Powell, a partner at the firm Blick Rothenberg has published an article crtiticising the tax breaks announced by the Chancellor. It can be seen here, and is reproduced below:- Heather Powell, a partner at the firm and head of property and construction, said:...
Student landlords treated better than student tenants – claim
Landlords have benefitted from tax breaks, subsidies and a weak eviction ban according to the National Union of Students. Larissa Kennedy, the organisation’s president, has written to Housing Secretary Robert Jenrick to claim landlords have been treated far more...
Rogue tenant fined £9,000 for illegally sub-letting HMO
A lead tenant who posed as a landlord has been ordered to pay £9,047.50 in fines and costs and handed a criminal record for breaching housing laws. Brent Council in London originally issued Sonia Nascimento with a £5,000 Civil Penalty Notice but after she refused to...
Company Voluntary Arrangements: Guidance for Landlords
Mischcon de Reya have just published an article on 'Company Voluntary Arrangements: Guidance for Landlords' It can be seen here, and is also below:- What is a CVA? A CVA is a legal rescue process to enable a company to make an agreement with its unsecured...
Ban on commercial evictions extended to 30 June and bailiff enforced eviction ban extended to 31 May
The Government have just announced a further extension to the eviction ban. The announcement can be seen here and claims:- Ban on commercial evictions extended to 30 June to ensure businesses are supported as they re-open Six-month notice periods and bailiff enforced...
More mortgage options for first-time landlords
YourMortgage is reporting that there is a greater choice in mortgages:- If you have ambitions to become a landlord, you now have a greater choice of mortgages available to you The proportion of buy-to-let mortgages catering for first-time landlords has...
Government loans for vulnerable consumers
'Which' have been going through the Budget details and have found:- Government loans for vulnerable consumers In a section of the red book subtitled ‘supporting the most affected’, the government revealed a new pilot scheme to give no-interest loans to people who need...
High Street bank set to become major UK landlord by the end of 2021
A report in the Financial Times over the weekend suggests that Lloyds Bank is poised to become a major residential landlord, using new-build and existing properties to enter the private rental sector. The FT’s retail banking correspondent Nicholas Megaw says a...
Money available from Local Authorities for energy works
We have been advised that all Local Authorities are to be given money by the Government to help tackle energy inefficient proprieties. This is being overseen by Greater South East Energy Hub and Local Authorities will be seeking any property in the 'E','F' or 'G' EPC...
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Changes to the level of Civil Penalties for Right to Rent breaches
Reminder that the Home Office has announced a large increase the level of fines that landlords can face if they are...
Court of Appeal favours mediation
The recent Court of Appeal ruling in the case of The Churchill vs Merthyr Tydfil Council has implications for...
House prices rise again
According to data from mortgage provider Nationwide, UK house prices unexpectedly rose in November, indicating further...