The government's Renters' Reform Bill has passed a crucial stage in Parliament, despite controversy surrounding its indefinite delay of the ban on no-fault evictions under Section 21 notices. Here's what you need to know about this development: Key Measures of the...
Lloyds Banking Group PLC's residential landlord arm, Citra Living, has acquired over 150 new properties from housebuilder Barratt Developments PLC. These houses, located in Matson near Gloucester, will expand Citra Living's portfolio, which already includes more than...
The Housing Forum, an industry group, is advocating for reforms to the Right to Buy policy, which allows council tenants to purchase their rented homes at a discount. They propose several changes aimed at addressing concerns about the impact of Right to Buy on the...
The Chartered Institute of Environmental Health (CIEH) is raising concerns about the potential impact of the Renters Reform Bill on local council licensing regimes. They argue that an amended version of the bill could threaten the existence of these licensing schemes,...
Research by Rightmove underscores the ongoing trend where buying has become more financially advantageous than renting in many of Great Britain's major cities. Here are some key takeaways from the information: Cheaper to Buy Than Rent: Across Great Britain's largest...
The Secret Landlord writing in the Telegraph has highlighted the problem that 'Local councils crumble under inescapable mountain of debt as arrears balloon' and raises significant concerns about the sustainability of the current system. The steep increase in arrears...
The government is reportedly planning to introduce a cap of £250 per year on ground rents for leaseholders, as part of a compromise between Michael Gove's proposals for leasehold reform and the concerns raised by the Treasury. Instead of completely abolishing ground...
The launch of the pilot scheme for Making Tax Digital (MTD) today (April 22nd 2024) by HMRC marks a significant step in the implementation of quarterly reporting for landlords and the self-employed. This initiative, which is set to be fully introduced in April 2026,...
The potential stamp duty cut being planned by Chancellor Jeremy Hunt, as reported in various newspapers, could have significant implications for the housing market if implemented. Increasing the threshold at which homebuyers pay stamp duty from £250,000 to £300,000...
The criticism leveled at the government for its failure to act on the Regulation of Property Agents (RoPA) recommendations is understandable given the widespread support for an independent property agents regulator. The RoPA working party, chaired by Lord Richard...
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