House prices rise The latest data from Halifax showed that house prices rose in October after six consecutive monthly falls amid constrained supply, but demand remains weak overall. House prices ticked up 1.1% on the month following a 0.3% fall in September. On the...
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MoneyWeek review of the Kings Speech
MoneyWeek has published a review of the Kings Speech, which can be seen here. As well as reviewing proposed leasehold reforms, and the Renters Reform Bill, it also mentions there was no mention of a Pension Reform Bill
The Government’s inaction and the rising interest rates are driving landlords out of the rental market
A study by Yorkshire Building Society (YBS) revealed that more than half of landlords feel they are being ‘squeezed out’ of the sector and most of them think it is becoming ‘less appealing’. The chief operating officer at home buyer UPSTIX, Fred Jones, said:...
Can you claim eco-improvement cash?
Have you checked to see if you can get a grant towards improving your rental property? Note however, the Government has still not published what you need to do to meet an improved energy standard. The 'Great British Insulation Scheme' was introduced by the...
Why the Renters’ Reform Coalition is bad for landlords AND tenants
Property118 has published a blog giving their reasons why the Renters’ Reform Coalition (RRC) is harming both landlords and tenants in the private rented sector (PRS). Saying 'They are pushing for radical changes that would make renting more expensive, less secure,...
Changes in private rental sector behaviour
The Office for National Statistics has published a report entitled Changes in private rental sector behaviour, England and Wales: February 2022 to September 2023. It can be seen here, and in summary found: Compared with last year, it has become more likely for prices...
4% of households in England and Wales (around 1.1 million) were overcrowded
The House of Commons Library has published a report into overcrowding in England and Wales. The full report can be seen here and there summary says: The statutory overcrowding standard was last updated in 1935 When the statutory overcrowding standard was first...
HMRC’s Self Assessment Guide for Landlords
HMRC has produced this material for landlords concerned at the prospect of self-assessment What is Self Assessment and why do I need to do it? Self Assessment is the process used to declare and pay tax owed on untaxed income. If you are employed, then your employer...
Tips from Which? on easy ways to insulate your properties
At this time of year, tenants who moved in over the warmer months may be contacting their landlords to understand the finer points of their heating system. iHowz recommend that landlords use this as an opportunity to visit their properties to carry out an inspection...
What turns tenants off the most?
Uswitch has conducted a survey to uncover red flags deterring UK renters and highlighting what tenants value most in a property. They are: Factor % Signs of damp / mould 79% Bad smell 67% Signs of physical deterioration 62% Lack...
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Nationwide’s latest report
Figures from Nationwide showed house prices were largely unchanged in June following a bumper performance in May....
Industry reacts to Housing Policies
The UK's three major political parties have each proposed distinct strategies to tackle the country's housing shortage...