A FOI request reveals that Medway Council has spent a total of £40.3 million across 1,702 projects from the Housing Infrastructure Fund. Most of this spending occurred during 2021 and 2022. In December, however, £170 million funding was pulled from a scheme intended...
The Competition and Markets Authority (CMA) says government may have to step in to protect leaseholders, as thousands in England and Wales remain trapped in contracts Government Consultation and Potential Caps: The government, led by Housing Secretary Michael Gove, is...
The Telegraph is reporting the potential ramifications of the Renters Reform Bill, with insights from landlord MPs, industry experts, and stakeholders. The article can be read here (subscription may be necessary) and in summary says:: Overview of the Renters Reform...
Landlord Knowledge has published an article pointing that lower Capital Gains Tax might be offset by high exit fees. The article can be seen here, and discusses the implications of a reduction in capital gains tax for landlords in the UK, starting from April 6, 2024....
Mortgage Finance Gazette are reporting how the recent changes to capital gains tax and their impact on landlords, alongside insights into rental market trends. The article can be seen here, and in summary: Changes to Capital Gains Tax: The annual capital gains...
The Government has released details of local authority housing stock. It can be seen here. It states that approximately 15% of occupied properties in England were non-decent in 2020-21, and 9% had a HHSRS Category 1 hazard. Then provides detailed statistics...
Jo Eccles, a prominent agent is advising landlord clients, regarding the impact of Capital Gains Tax (CGT) cuts announced in the Budget, as well as the broader dynamics of the London property market: Limited Impact of CGT Reduction: Eccles suggests that the CGT...
According to the latest UK Residential Market Survey from the Royal Institution of Chartered Surveyors, the net balance for house prices was -10 last month. A net balance is the proportion of respondents reporting a rise in prices minus those reporting a fall....
Major debt advice charities and the Law Centres Network have concerns regarding the Renters (Reform) Bill. Their concerns are: Urgent Need for Reform: The charities urge Secretary of State Michael Gove to prioritize the Renters (Reform) Bill in the current...
Writing in The Conservative Women, Tim Briggs, on the Renters (Reform) Bill, portraying it as an intrusive measure infringing upon the rights of property owners and potentially causing adverse consequences for both landlords and local councils. Briggs criticizes the...
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Introduction Becoming a private landlord in Britain is increasingly seen as financially unviable. Charlie Bryant, CEO...