Telegraph Money is calling on the Government to end the war on property investors and resist excessive reforms that risk driving decent landlords out of the market. It can be seen here (subscription may be necessary) and the argument outlined reflects growing concerns...
Open News
Charity claims council tax debt collection system too aggressive
StepChange, the debt charity, has called for urgent reforms to the council tax debt collection system in the UK. It argues that the current system is causing undue harm to financially vulnerable individuals, exacerbating their debt problems and mental health. One key...
Council conducting street by street search for unlicensed properties
Brent Council in London has launched street-by-street surveys to identify landlords who are avoiding or have forgotten to buy the required licenses for privately rented properties. Since April 2024, all landlords in Brent (except those in the Wembley Park ward) must...
Is there an exodus of landlords, or not?
Agency group Lomond’s recent analysis reveals that the number of tenanted properties being listed for sale has dropped by almost 20% since June 2024, indicating that Labour’s Renters' Rights Bill has not yet triggered a significant exit of landlords from the market....
Concerns about loss of Fixed Term
Brendan Geraghty, CEO of the Association for Rental Living (ARL), has expressed conditional support for Labour’s Renters Rights Bill. While he welcomes efforts to improve the rental experience and promote professionalism in the sector, he has voiced concerns about the...
Flood risk affecting mortgage applications
Jonathan Rolande, a property expert and spokesman for the National Association of Property Buyers (NAPB), warns that banks are increasingly refusing mortgage applications based on flood risks. This trend is impacting homeowners on low-lying land who may have never...
Over a quarter of house sales fail – new report
According to recent research from Quick Move Now, over one in four property sales (29%) in England and Wales fell through between July and September 2024. The primary reason for these failures was buyers struggling to secure mortgages, accounting for 40% of the...
Propertymark supports new planning regime
Propertymark has expressed support for the UK Government's proposed reforms to the National Planning Policy Framework (NPPF) but has raised concerns that the planning system needs to be more region-specific. In its response to the Government's consultation on planning...
Research Shows Government Support Needed to Build 300,000 Homes Annually
New research commissioned by the National Housing Federation (NHF) and conducted by Savills highlights the need for government intervention to meet the target of building 300,000 homes per year in England. This figure is critical for achieving the government's pledge...
Rachel Reeves becomes a landlord
Chancellor Rachel Reeves has recently become a landlord after moving to Downing Street, where she will live in the traditional residence of the Chancellor of the Exchequer at No. 11. According to the parliamentary register, she stands to earn more than £10,000...
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