Unite Group reported a "strong start" to the 2024/25 sales cycle, with 71% of its rooms reserved, compared to 70% the prior year. "We have been encouraged by particularly strong demand from university partners with 4,000 extra beds reserved compared to the same stage...
News
BLOG: ‘We’ve got the Renters (Reform) Bill – now we need a Landlords Reform Bill’
The Negotiator magazine has published a blog from Allison Thompson, National Lettings Managing Director of Leaders Romans Group in which she emphasizes the vital role played by landlords in preventing homelessness and advocates for a "Landlords Reform Bill" to...
Survey shows landlords optimistic about 2024
According to a study by The Mortgage Lender, 74% of buy-to-let landlords are optimistic about the property market in the next 12 months, even in the face of challenges such as tax changes, increased regulations, and legal issues. The study reveals that 27% of...
Be aware of fake energy efficiency schemes
Propertymark is warning letting agents to inform their landlord clients and tenants about the dangers of fake energy efficiency schemes. The UK Government has introduced various grants to aid households in installing energy efficiency measures, part of its plan to...
It’s time for radical action on our housing crisis
The Telegraph has run an article by Guy Hands, the founder of private equity firm Terra Firma Capital Partners, outlining his views that years of weak supply, underinvestment and red tape have not been addressed. It can be seen here (subscription may be necessary), in...
Labour Green Spending Plans
Labour’s independent energy advisers have warned the party against watering down its £28bn green spending plans in advance of its promise to create a zero carbon electricity system by 2030. Experts at the climate think-tank Ember, which provided the independent...
Halifax Data, Mortgage and Consumer Lending Up
The latest Halifax data showed that house prices rose again in December as mortgage rates fell. House prices picked up 1.1% on the month following a 0.6% increase in November. This marked the third monthly increase in a row following six consecutive declines, and left...
Labour considers Good Landlord Charter
Labour's Mayor of Greater Manchester, Andy Burnham, has announced plans to get serious about the private rental sector in 2024. In a New Year message, Burnham revealed that a public consultation on the new Greater Manchester Good Landlord Charter would begin soon. The...
Another council leaps on landlord licensing gravy train
Landlord Today are reporting on yet another council extending licensing in an attempt to bring in more income. The article can be seen here, and in summary explains that Middlesbrough Council is considering expanding its landlord licensing regime and is consulting on...
Housing Market: Key Economic Indicators
The House of Commons Library has just published its Key Economic Indicators for the Housing Market. It can be seen here, and in summary shows that the UK House Price Index indicates a 1.2% decrease in house prices between October 2022 and October 2023. On a seasonally...
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Labour Party’s Plans for Stamp Duty Exemption for First-Time Buyers
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UK planning laws deter investment
Planning System Challenges Affecting UK Investment in Life Sciences In an interview with the BBC, Dave Ricks, CEO of...
The Importance of Material Information When Advertising a Property to Let
Writing in Property118, Julie Ford has reminded landlords about the importance of getting adverts correct. The...