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Landlords with tenants on prepayment meters
British households on prepayment meters face missing out on up to £130m of support for their energy bills if they fail to redeem government vouchers before they expire in a month’s time. Under the energy bills support scheme, which runs until 30...
Zoopla House Price Report
More prospective house sellers are returning to the UK’s property market, pushing agreed home sales to their highest point of the year in May, according to Zoopla, although it warned that the rebound in activity could be knocked by rising mortgage...
First-time buyers profit from landlord sales
Research by Zoopla has reported that around one in nine (11%) homes listed for sale on their site has previously been rented out. And that former landlord properties had average asking prices around a quarter lower than homes that have been lived...
Combine existing agents and new landlords Ombudsman services
The current Housing Ombudsman, Richard Blakeway has written a piece in the Conservative Home website, that has stated that private landlords have no reason to dread the expansion of an Ombudsman service into the buy-to-let sector. Blakeway’s...
Renters Reform Bill: more details about the Landlords Database
Within the Renters Reform Bill, the government makes a commitment to establish a new Property Portal that would include all the vital information agents, tenants, and landlords need to know. This information would range from legal requirements to...
UK flooded with dodgy boiler ‘upgrade’ pumps that make energy bills MORE expensive and don’t meet regulations
This is Money are reporting on a study they have done that shows ‘Hundreds of thousands of UK homes have had boiler 'upgrades' fitted which, instead of saving them money as promised, rack up energy bills by hundreds of pounds. This is Money has...
Empiric Student Property rent growth expected to exceed 7%
Empiric Student Property said revenue occupancy for academic year 2023-24 now at 86% and continuing to track significantly ahead of prior year. Like-for-like growth in average weekly rents for academic year 2023-24 is now expected to exceed 7%....
Renters struggling with problem levels of debt
Private renters are almost twice as likely to be struggling with problem levels of debt than the general population, with a sharp rise in the numbers in serious financial difficulty since January, research shows. The figures come against a backdrop...
What are the UK’s new immigration rules for international students?
The Government is set to introduce new immigration rules that will involve most international students being banned from bringing their families to the UK with them. A graduate visa currently allows master’s students to bring their partners and...
Landlords urged not to exit buy-to-let en masse
Property Industry Eye is reporting that ‘research by BVA-BDRC found that a third – 33% – of private landlords in England and Wales plan to cut the number of properties they rent out. By contrast, just 10% of landlords now say they plan to increase...
Gove to U turn on student landlords
A week ago, Michael Gove published his long awaited Renters Reform Bill. Student landlords were immediately concerned that they would be losing the Section 21, whilst also being unable to issue Fixed Term tenancies. This along with the ability of...
Immigration would mean the building of 600k new houses every year
A think tank, The Centre for Policy Studies’ says England needs 616,000 extra homes each year to accommodate record numbers of migrants. This is based on analysis of Government modelling that assumes migrants live in households with an average of...
New builds in jeopardy from landlord exodus
Plunging demand from landlords means under-construction house sales have overtaken flats for the first time since 2007. The fall in off-plan sales of flats risks causing a funding crunch for developers, experts warned, which could reduce housing...
MPs urge ministers to get on with leasehold changes
Ministers have been urged to "get a move on" with changes to the leasehold system in England and Wales. Housing Secretary Michael Gove had previously promised to scrap the system which has seen some homeowners face large maintenance bills and legal...
Brokers divided on whether to scrap or fix leasehold ‒ analysis
MortgageSolutions are reporting that ‘The leasehold system is a ‘mess’ that leaves homeowners paying ‘through the nose’ according to brokers, though opinions are divided on whether it should be scrapped entirely or adapted.’ Going on to say ‘The...
The rental crisis isn’t a generational problem anymore—it’s a class-based one
Prospect Magazine has published an article stating 'Property ownership—or rather, the impossibility of property ownership—is usually discussed in this country as though it’s perhaps the only remaining source of generation solidarity for...
Warning about incompetent letting agents
Landlord Licensing & Defence has warned about the problem on agents who do not keep abreast of the law. Compliance expert Phil Turtle says: “We have lots of experience in dealing with agents who simply do not know the law when it comes to...
Martin Lewis warns tenants about un-protected deposits
Martin Lewis' MoneySavingExpert.com website has explained how renters can get their deposit and some extra back if their landlord hasn't followed rental rules. He explains how, according to the law, the tenants deposit must be placed in a...
Telegraph lambasts Renters Reform Bill
Subscription may be necessary to read these articles Landlords face fight for survival under Michael Gove’s new rules ‘A cross-party housing select committee has warned the Government that it does not seem to fully appreciate the extent to which an...
New database could be a ‘Gold Mine’ for the tax man
A new landlord database, currently in draft legislation phase, could provide HM Revenue and Customs (HMRC) with valuable information to pursue landlords for unpaid tax, according to BDO, a leading accountancy and business advisory firm. The Renters...
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Landlord loses appeal in tax avoidance case
A case involving Michael and Bridget Brown, who attempted to avoid Stamp Duty Land Tax (SDLT) by using a tax...
Large decline in older borrowers
Data released by UK Finance indicates a significant decline in new buy-to-let (BTL) mortgage borrowing among older...
Tenancy deposits for rented properties with ‘disorganised comings and goings’
Housing Law Week has republished a detailed explanation outlines the legal implications of a situation colloquially...
Is there an over supply in London?
The latest rental market snapshot indicates an oversupply of rental properties in London, resulting in a decline in...
Portsmouth Council urged to extend HMO controls because of sewage issues
Portsmouth City Council is facing calls for tighter controls on houses in multiple occupation (HMOs) due to concerns...
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