A growing trend for landlords in the capital to include rent review clauses in tenancies has been labelled “unfair and coercive”. The new practice among London letting agents is being driven directly by their landlords, according to The i, which sees a property...
News
Government targets for making properties more energy efficient has been rejected
During a debate in the House of Lords on the Energy Bill, Energy Security and Net Zero Minister Lord Callanan said an amendment placing a duty on the government to publish a plan for delivering specific targets on low-carbon heat and energy-efficient homes and...
Plans to cancel homebuilding pollution rules defeated
The House of Lords has blocked the UK government's plan to relax restrictions on water pollution to encourage housebuilding in England. See our previous report on this here Labour led a rebellion in the Lords on Wednesday to defeat the government in a vote on...
Sluggish housing market with little sign of any relief in prospect – RICS report
The property sales market is set to continue to suffer with little prospect of a pick-up in the near future, RICS have reported - see here A survey indicator for house prices nationally last month continued to fall from -55 in July, to -68, marking the most negative...
Energy Bill Support
Households could save up to £400 a year on energy bills under a new means-tested scheme to insulate more than 300,000 of Great Britain’s draughtiest homes. The government is spending £1bn on grants for homes that have low energy efficiency ratings and are in lower...
Tories responsible for buy to let problems, says top agent
Landlords are reducing their stock - and they’re blaming the Tories for creating a hostile environment.This is according to the latest research by London lettings agency Benham and Reeves which compared the size of investors’ portfolios between the first quarter of...
Brighton wants to license 23,000 properties
Brighton & Hove Council hopes to introduce a huge selective licensing scheme that would eventually cover 17 of the city’s 23 wards. See more details here. Councillors are set to give the go-ahead for a consultation into plans to introduce the scheme in areas...
Tenants are considering leaving the UK to escape the escalating rents
A survey by the platform SpareRoom has revealed that 72% of renters in the UK are either actively searching (46%) for new accommodation in different areas or contemplating it (26%) due to the unprecedented surge in rental costs. 7% of those surveyed are considering...
Landlords in wealthy London boroughs feel the pinch as Chinese students ditch UK
Landlords in wealthy London boroughs are feeling the pinch from international students choosing to study outside the UK, as rents in premium postcodes showed signs of slowing. The average rental value growth in prime central London (PCL) – which includes the likes of...
Student market could be badly affected by Bill, says landlord group
In a paper regarding the impact of the Renters Reform Bill on the student market, York‘s Residential Landlord Association believes moving from fixed-term tenancies to periodic tenancies might prompt landlords to offer licences by providing services to students...
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Landlord banned from letting properties for next 3 years
A council's has obtained a Banning Order against the rogue landlord, Stephen Cunningham. Here's an overview of the...