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New rules on council tax exemption

The government has responded to the consultation on proposals to exempt certain categories of dwellings from council tax premiums in England. Here's a summary of the key points and exceptions: Exceptions to both the empty and second homes council tax premiums:...

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Latest Zoopla report released

  According to the latest Rental Market Report from Zoopla, rent inflation has slowed to 7.8%, down from 11% a year ago, marking the lowest rate in two years. The average monthly rent now stands at £1,223. However, despite this slowdown, rental affordability is...

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Rents are staring to go down

According to the latest data from an agency, there has been a 125% increase in the number of landlords opting to lower advertised rents in February. This surge is attributed to changing market conditions across London. The agency reports that rents have decreased by...

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Mortgage Advice Bureau Market Review

In their accounts for the year to 3 December 2023, Mortgage Advice Bureau provided the following market review: Market review The fall in new mortgage approval volumes in the aftermath of the September 2022 mini-budget continued throughout 2023, as the rising costs of...

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Right to Rent fines increase by 405%

The Right to Rent regulations in England have led to a significant increase in fines for landlords and letting agents who fail to comply. Government figures show a staggering 405% rise in penalties last year, reaching £151,480 compared to £29,960 the previous year....

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Big fine for getting it wrong

A recent case of an unregistered House in Multiple Occupation (HMO) in Wallington, near Croydon, highlights...

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