Landlord confidence has improved over the course of the past quarter according to a quarterly survey. The research, titled Q3 2023 BVA BDRC Landlord Panel research report, showed a landlord community “responding positively” to an increase in perceived tenant demand. ...
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Labour will ban Section 21 on the first day of a new Government
Angela Raynor, Labour’s deputy leader and shadow secretary of state for levelling up, housing and communities, has given a series of interviews, where she says that if Labour wins the next General Election, she will ban Section 21 ‘no-fault’ evictions on the first day...
Housing Minister sacked because of an inopportune Tweet
Rachael Maclean was Housing Minister for 9 months before being suddenly sacked by the Prime Minister to be replaced by Lee Rowley who became the 7th housing minister since 2020 and the 16th over the last 13 years. Apparently, Ms Maclean was guilty of Tweeting about...
Will the proposed leasehold reforms boost property prices?
Michael Gove, the Secretary of State, has been proposing reforms to what he has called an unfair and “outdated feudal system that needs to go”. His original plan was blocked by Number 10, but was in the Kings Speech, promising to give leaseholders the right to extend...
London Mayor reveals plan to solve London’s housing crisis.
Sadiq Khan has launched a two point plan to help alleviate the current housing crisis in London, with more than 170,000 Londoners currently living in insecure temporary accommodation. he aims to build an additional 10,000 council homes in the capital in the next...
What does Rishi Sunak’s reshuffle mean for housing?
The National Housing Federation has published a blog entitled 'What does Rishi Sunak’s reshuffle mean for housing?' It can be seen here. It outlines the changes to Government roles: Lee Rowley becomes Housing Minister, to replace a sacked Rachel Maclean. This is the...
Yet another Housing Minister
Conservative MP Rachel Maclean has been asked to step down from her position as Housing Minister, the 15th person to hold the role since 2010. Lee Rowley has been confirmed as the new housing minister, replacing Rachel Maclean - who earlier posted that she was...
Why not use ISA and pension funding to replace buy-to-let landlords?
Tax Research has posted a blog on 'Why not use ISA and pension funding to replace buy-to-let landlords? The author, Richard Murphy, says ' For a long time, I have suggested that changes to ISA and pension laws could provide more than £100 billion of funding a year for...
Buy-to-let landlord exodus slows – but the damage is already done
Investors Chronicle is running an article on a report from Hamptons, that the surge is reducing, where their data suggests there will be 27,500 net sales this year, down from 47,250 last year, and even lower than the 29,500 in 2021. The article can be seen here....
Agency calls for reform to stamp duty.
Chestertons Estate Agency has issued a plea to the Chancellor, Jeremy Hunt to include Stamp Duty reform in his Autumn Statement. According to Richard Davies, COO of Chestertons, the government should indtroduce an exemption for those looking to downsize to a smaller...
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