The Government introduced new legislation in November 2023, to commence December 1st 2023. This was regarding changes to the way Council Tax is charged in HMOs (House of Multiple Occupation). This legislation can be seen here, and was in two parts: Disaggregation: The...
Government Plans for Universal Credit: The Department for Work and Pensions (DWP) plans to tighten the universal credit regime to drive people into work. People with disabilities and mental health conditions could face benefit sanctions if they do not engage with the...
Study reveals the best cities in England and Wales to invest in student properties Derby is one of the best places in England and Wales to invest in student properties, with 20,955 students currently studying in the city and properties offering potential rental yields...
The Times has run an article by Melissa York which claims '2024 could be the year buy-to-lets are back. ' The article can be read in full here (subscription may be necessary) and provides insights into the dynamics of the UK buy-to-let market, highlighting key trends...
Writing in Property Industry Eye, Paul Smith, executive chairman of Spicerhaart comments on the forthcoming year. The article can be read in full here, and in summary the retrospective and forward-looking analysis provides a comprehensive overview of the housing...
Introduction The government rolled out the new legislation affecting HMO landlords in November 2023, officially putting it into action on December 1, 2023. With a tight timeline, landlords, tenants, and councils have had a limited opportunity to grasp the implications...
Citizens Advice Claims: Citizens Advice charity suggests that private landlords use Section 21 notices to evict tenants who request repairs, describing them as "seemingly retaliatory evictions." The charity claims that landlords issue Section 21 notices knowing that...
The Telegraph is running an article stating that many 'accidental landlords' are selling and with estate agent Winkworth said it expected rent increases to slow this year as an increase in supply puts downward pressure on prices. The article can be read here...
Clean Heat Market Mechanism (CHMM) and Its Impact on UK Households: The Clean Heat Market Mechanism (CHMM) is a government policy set to launch in April 2024, aiming to enhance energy efficiency in homes to meet carbon emission targets. However, this policy might have...
The Landlord Today team has written an article on what business consultancy Hargreaves Lansdown anticipates may be in Hunt’s speech in just nine weeks time. The whole article can be read here, and outlines expectations and desired measures for the Spring Budget in the...
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A lettings agency, Leaders Romans Group (LRG), which broadly supports the Renters Reform Bill, has expressed concerns...
Charlie Nunn, the CEO of Lloyds Banking Group, has provided a cautionary outlook on interest rates, suggesting that...