A recent study by Open Property Group indicates that there has been an 82% increase year on year in the number of sellers looking for a quick sale in England. The research found 3,543 homes currently listed for sale, specifically stating the need to sell quickly....
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HMRC Warning as Thousands of Landlords Risk Missing Tax Deadline
HM Revenue and Customs says that its latest data - one week ahead of the January 31 Self Assessment deadline - shows 3.8m people yet to file their tax return. Many thousands are believed to be landlords. HMRC says it’s expecting more than 12.1m tax returns to be filed...
Index of Private Housing Rental Prices: December 2023
The Office for National Statistics has published its index tracking the prices paid for renting property from private landlords in the UK. It shows that: Private rental prices paid by tenants in the UK rose by 6.2 per cent in the 12 months to December 2023, unchanged...
New regulations commence for the Building Safety Act 2022
These Regulations bring into force on 16 January 2024 the following sections in Part 4 of the Building Safety Act 2022: sections 79 to 82 which impose requirements with regard to registration of occupied higher-risk buildings and obtaining and displaying a building...
Survey launched into Housing for disabled people.
The House of Commons Levelling Up, Housing and Communities (LUHC) Committee has launched an online survey for its inquiry into what the Government can do to ensure disabled people have access to accessible and adaptable housing in England. The survey includes...
Financial Distress in Property and Real Estate Businesses
A Begbies Traynor Red Flag Alert report warns that more than 60,000 property and real estate businesses in the UK are starting the year in "financial distress." The report, which can be seen here, analyzes corporate distress signals, reveals that 62,176 property and...
Critique of Michael Gove’s Proposed Ground Rent Reforms
Writing in Property Industry Eye, under the headline 'Gove’s naïve plans for leasehold reform will only exacerbate UK’s housing crisis', Mick Platt, director of The Residential Freehold Association, criticizes Michael Gove, saying that his proposed reforms to ground...
Leaders Romans Group Acquires Three Property Businesses
Leaders Romans Group (LRG) has completed the acquisition of three major property businesses: Stirling Ackroyd, Alexander & Co, and Peter Ball. The acquired businesses operate across London, Surrey, Oxfordshire, and Gloucestershire, adding significant growth to the...
Councils in England inspect only half of all mould reports in private rental housing
Budget cuts have resulted in local councils inspecting only about half of all reports of damp and mould they receive regarding the private rented sector (PRS), according to an analysis by The Guardian. In 2021-22, English local authorities inspected 11,897 homes for...
Housing ombudsman in England calls to re-establish link between housing and health
The Guardian has reported that the housing ombudsman in England, Richard Blakeway, has called for an independent royal commission to "reimagine the future of social housing" and re-establish the link between housing and health. Blakeway, who handles tenants'...
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