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Section 24 petition falls far short of signature target
The Section 24 parliamentary petition, seeking to persuade MPs to reinstate mortgage interest tax relief for landlords, has fallen far short of its 100,000 target.The petition, from Midlands landlord Simon J Foster, urged the government to reverse...
‘Eye-watering’ cost of regulation to blame for surging prices
The Telegraph is reporting that Senior directors from Britain's biggest grocers told John Glen, chief secretary to the Treasury, that onerous regulation covering everything from recycling to border checks was making the weekly shop more expensive....
Around 80 per cent of landlords have already completed energy efficiency works
The majority of landlords, 80 per cent, have already done some remedial works on properties in response to upcoming energy efficiency requirements, according to a survey. According to Foundation Home Loans, which surveyed around 683 landlords, just...
New report shows that Landlords are at ‘high risk’ from fraud
A report by Thirdfort has identified the top eight types of property most at risk from property fraud. It can be seen here, and says that data from the Credit Industry Fraud Avoidance System (CIFAS) reveals identity fraud remains a key threat and...
Plans for no fault eviction ban to be published next week
Michael Gove confirmed to Sky News earlier this week (May 3) that the renters’ reform bill will be published next week. The bill, which was included in the Conservative Party’s 2019 manifesto, will give greater rights and protections to tenants...
Beware of a Labour government
Labour has pledged to create a national register of landlords to replace the current Register of Rogue Landlords which only lists those who have been handed a banning order by local councils. However, this is also in the White Paper, so would...
‘Rent-to-Rent craze adding to UK’s renting crisis’
LandlordZone has published an opinion piece stating that, in their opinion, Get-rich-quick property schemes favoured by investment training “gurus” are making the UK housing crisis worse It can be seen here, stating ‘There are many rules and...
Government plan to remove HMO license rules for housing asylum seekers
Property118 have revealed that the Government have published a draft law to remove the HMO licencing regulations for landlords who will house asylum seekers. It can be seen here, and discusses the good points and bad points, with a Home Office...
First-Time Buyers | May the Fourth Be With You – Return of the… Help to Buy?
PropertyNotify has published an article discussing the Help to Buy scheme, a flagship government scheme launched by Osborne in 2013 that helped nearly 400,000 first-time buyers to get on the ladder with a total value of £23.6bn. It can be seen...
An open letter to Sadiq Khan and his plans for a rent freeze
Property118 has published an open letter from a mortgage market researcher, saying he was prompted to write to the mayor after reading on Property118 that Mr Khan had signed a letter urging a rent freeze ‘because landlords can afford it’. The...
Politicians warned improving energy efficiency makes mould more likely
John Blackwood, chief executive of the Scottish Association of Landlords, told MSPs that it had seen a significant increase in calls about damp and mouldy properties from members, particularly those who had not previously had an issue. “Members are...
New Homes falls 40%
The number of new UK homes being registered to be built in the first quarter of this year fell by 40% compared with the same period a year earlier, according to an industry body. The National House Building Council said 27,673 new homes were...
How We Escaped The Landlord Tax Trap
Property118 are running an article on how to save on taxation. It can be seen here Note iHowz cannot vouch for the methods shown, landlords should always take appropriate advice
The laborious legislation that continues to threaten the PRS
Estate Agent Today is reporting that ‘Landlords are exiting the market in droves.’ The full article can be seen here, and cites a report by an accountancy firm ‘who analysed HMRC data, 70,000 buy-to-let landlords left the sector in 2022, taking...
Rents hit fresh high as lack of homes available continues
The BBC are reporting on a recent update from Rightmove. It can be seen here, and says: Average rents have continued to hit new highs, according to property website Rightmove, as the shortage of available properties continues. Asking rents outside...
Another consultation on short term/holiday lets
The Government has announced a consultation on the potential to introduce a new planning class C5, with a permitted development right to swap between standard residential use C3 and the new C5.This will give planning authorities control by using...
Housing Laws in the Pipeline
As at 26th April 2023 Supported Housing (Regulatory Oversight) Bill NEW This Private Member’s Bill, sponsored by Bob Blackman, would make provision about the regulation of supported exempt accommodation; and make provision about local authority...
Homelessness duty and mandatory order to enforce it: Supreme Court hearing
On 3 and 4 May 2023 the Supreme Court will hear the local housing authority’s appeal in R (Imam) v London Borough of Croydon. The Supreme Court will determine when a court should make a mandatory order against a local housing authority to enforce a...
Index of Private Housing Rental Prices: March 2023
The Office for National Statistics has published an index tracking the prices paid for renting property from private landlords in the UK during March 2023. It shows: Private rental prices paid by tenants in the UK rose by 4.9 per cent in the 12...
Affordable Homes Programme
The government announced a new, larger, £11.5bn Affordable Homes Programme 2021-26 (AHP), including funding for social rent, supported housing, and a renewed commitment to delivering homes using modern methods of construction (MMC). The AHP plans...
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LATEST NEWS
Energy efficiency of UK homes
The House of Commons Library has released a briefing focusing on the United Kingdom's progress in enhancing energy...
Help to Buy (equity loan scheme) – data to 31 May 2023
The Department for Levelling Up, Housing and Communities (DLUHC) has released statistics regarding cumulative sales...
Government’s management of legal aid criticised by National Audit Office
On February 9, 2024, the National Audit Office (NAO) released a report titled "Government’s management of legal aid,"...
Mortgage possession claims in England and Wales increase by 39 per cent
The Ministry of Justice recently released quarterly national statistics on possession claim actions in county courts...
Paragon offering good rates
Paragon Bank is currently offering landlords reduced rates on its 2-year fixed-rate buy-to-let mortgages, marking its...
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