A council enquiry is currently proposing new landlord licensing schemes in one country in England, including a three-year tenancy. So what could this mean for property investors, property developers and landlords? An inquiry into the private rental sector in Cornwall...
Political
Councils use computers to find low EPC properties for £5,000 fine
Threatening fines of up to £5,000 for any rental property with an EPC lower than Band E, councils are now using artificial intelligence to pull together all manner of records and information to cross-correlate properties on the EPC register with ratings F or G so that...
Green Homes Grant scheme to insulate houses axed
A much-promoted grants scheme to help householders in England insulate their home is to be scrapped within days. The Green Homes Grant (GHG) reached just 10% of the 600,000 homes the chancellor promised would be improved. The scheme will be stopped on Wednesday and...
Clock ticks for electrical checks warns charity
Leading safety charity, Electrical Safety First, is reminding England’s private landlords of their new obligations around electrical safety in their properties. The Electrical Safety Standards in the Private Rented Sector (England) Regulations 2020, require private...
50,000 Homes Upgraded with £562 Million Government Cash Boost
From this week, the homes of 50,000 households will be upgraded with green improvements from a £562 million fund, reducing carbon emissions and supporting thousands of green jobs across the country, the UK government announced today (23 March 2021). The £562 million...
Legislation is the greatest challenge facing the letting sector
A recent survey of more than 14,000 respondents in the private rented sector, including letting agents, landlords and tenants, has found that current legislation is the greatest challenge facing the sector. Some 76% of respondents feel legislation is the greatest...
Proposed capital gains tax changes
Property Industry Eye have just published a piece on the potential impact of CGT on the industry. It can be seen here, and explains how it is likely CGT will double very soon, with all the subsequent consequences with landlords hit with a £24,000 increase in tax.
Coronavirus: Support for landlords and tenants
The House of Commons Library has just released a report summarising the help available for landlords and tenants, and can be seen here. It concentrates mostly on establishing security of tenure for tenants, without mentioning the increasing problem of tenants able to...
Landlords left out of Chancellor’s super deduction tax break
Heather Powell, a partner at the firm Blick Rothenberg has published an article crtiticising the tax breaks announced by the Chancellor. It can be seen here, and is reproduced below:- Heather Powell, a partner at the firm and head of property and construction, said:...
Government loans for vulnerable consumers
'Which' have been going through the Budget details and have found:- Government loans for vulnerable consumers In a section of the red book subtitled ‘supporting the most affected’, the government revealed a new pilot scheme to give no-interest loans to people who need...
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Hints of housing measures in the budget
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