The great property sell-off by landlords has continued across Great Britain this year, in particular in Scotland, where the buy-to-let bubble appears to have burst. As the property website Rightmove reported that new seller asking prices dropped by 1.7% or £6,088 last...
News
Scotland plans to double council tax on second homes
Councils will be allowed to double council tax on second homes under plans that have been laid before the Scottish Parliament, says a BBC report. Could it happen south of the border?
Council uses litter to identify unlicensed HMOs
Coventry Council used existing legislative powers were used to tackle unlicensed HMOs, bins on footpaths, contaminated recycling bins, excess side waste and inadequate bins. In two streets HMOs were identified and visited, and 5 were found to be unlicensed, with 4 of...
Council tries to woo private landlords
Test Valley Lettings is hosting two open days for new and existing landlords later this month. Its advertising says it offers landlords “ a wide range of tenancy services, customisable to individual needs and always free of charge. With our unique model of using...
HMOs are rarely sold
Research comes from property lender Octane Capital, compiled from data on the levels of HMO stock across different regions of England, shows that owners of London HMOs rarely put them up for sale, meaning investors likely need to convert a residential home into an...
Evictions up, waiting time up
The Ministry of Justice (MoJ) has just published its statistics for Mortgage and landlord possession : July to September 2023 - see the full report here. Comparing the same quarter (July to Sept) this year to last year, it says: possessions by mortgage companies :...
Sales subdued; rental up, but not by much – RICS report
RICS has published its latest UK Residential Market Survey, which can be seen here. Previous ones can be seen here. They report that 'For agreed sales, the latest net balance of -25% remains consistent with generally weak activity levels over October. Even so, this...
Fresh calls to raise local housing allowance
LocalGov is reporting that Councils across London have added to calls for ministers to raise Local Housing Allowance (LHA) after new research suggested that tens of thousands more could become homeless if the rate remains frozen. See the article here, and follows on...
Ombudsman says (social) landlords are ‘finding their silences’ as complaints rise on damp and mould
The Housing Ombudsman has published a new report stating it 'is sharing lessons from damp and mould casework it has investigated in recent months, two years after it published its Spotlight report, It’s not lifestyle. It is an opportunity for the sector The report can...
House prices down: rents up says large property company
Real estate group JLL has released its latest forecast the UK housing market. They are predicting outlook for prices in 2023 remains broadly unchanged, the firm forecasts that house prices will fall by 6% nationally in the year to December 2023. In London, prices are...
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Summary of the housing policies for all the main political parties
Conservative Party Building Targets: Commit to building 300,000 homes annually by the mid-2020s. Home Ownership:...
Another council to inroduce expensive licensing to tackle ‘rogue landlords’
Sandwell Council is moving forward with plans to expand its licensing scheme for Houses in Multiple Occupation (HMOs)...
This cannot be correct – most landlords favour high minimum EPC ratings
According to research from Handelsbanken, a significant majority of landlords are in favour of stricter regulations to...