Economics Observatory have just published an article on rent controls. Although aimed at the Scottish market, it makes some interesting points in general. A summary of the points made are: when rent control policies cover disadvantaged minority populations, these...
Political
Tower Hamlet cracks down on landlords
A recent post on Tower Hamlets website states that they have brought 57 successful prosecutions against rogue landlords and letting agents in the past three years fining them more than £360,000. It does at least end '“The majority of landlords abide by the rules, but...
Industry warns the Chancellor
National letting agent trade body Propertymark has told the Chancellor that unless the private rented sector is overhauled a significant number of landlords will quit the sector. The organisation says within its submission to the Sunak’s Autumn Budget and Spending...
Council guarantees up to 6 months rent
Lichfield Council, in Staffordshire is seriously concerned about finding accommodation and provide support for people who are sleeping rough or at risk of becoming homeless.They have joined forces with a local housing association and together they are calling on...
Hastings used to hate landlords, now they need them – and they want to cap rents
A council that has repeatedly criticised landlords when saying that the private rental market is “out of control” and wants rent controls introduced as soon as possible, has now changed its tune by asking them for help because of the shortage of homes. The lead...
Labour Party Latest Plans for Landlords
Mortgage for Business have published their views on Labour Party Latest Plans for Landlords. Written by Jeni Browne, who many members will recognise from her contributions to our monthly meetups, it can be seen here, and says: Following the Shadow Housing Secretary’s...
House of Commons report for landlords
The House of Commons has published a report entitled ' Extended notice periods for tenants' It can be seen here: in addition to covering the history of eviction periods over the past 18 months, the full report also covers all the matters that were put into place to...
Legal help: where to go and how to pay
The House of Commons Library published a briefing paper providing information about where to seek legal help and advice, including: finding legal help; self-representation; legal aid; pro bono legal help; other ways of finding legal advice, including organisations...
Could voting Labour lead to Higher Rents And Homeless Tenants?
An international agent has issued a stark warning to Labour that a further raft of landlord taxes will cause many to jump ship and sell up, inevitably leading to higher rents and more tenants ending up on the streets. Chief executive of the agents, Dominic Agace,...
Why rent control isn’t working in Sweden
The BBC have just done an expose on rent controls, and the effect on the market. It can be seen here, and points out that tenants struggle to find properties, especially in Stockholm because of the lack of rental property due to the regulations designed to prevent...
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London Mayor Sadiq Khan pledges to build 6,000 affordable homes and to implement rent controls
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