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Landlords not covered by new mortgage guidance
The Financial Conduct Authority (FCA) has updating borrowers’ responsibilities to their existing mortgage holders, will only cover ‘regulated’ products. You can see the full details here. This means that buy-to-let mortgages, which are deemed to...
Report on LHA issued
The House of Commons Library has issued a report on the Local Housing Allowance (LHA). It can be seen here, and says: What is Local Housing Allowance (LHA) LHA is not a benefit in its own right. It sets maximum amounts claimants of Universal Credit...
Chancellor urged to commit extra £6bn a year on energy efficiency in homes.
A coalition of charities and campaigners have demanded the chancellor funnel more funds into making Britain’s leaky housing stock energy efficient at next week’s budget to help cut bills and protect the environment. In a letter to Jeremy Hunt, more...
Latest RICS survey concerned about housing
The Royal Institute of Chartered Surveyors (RICS) UK residential market survey has been published, and can be seen here. They report that new buyer enquiries is reduced on a seasonally-adjusted basis, but has shown improvement on last month. As...
Landlords should not improve their energy efficiency – yet, said a buy-to-let expert
iHowz have been urging Government to sort out the mess of MEES – see our campaign section. This has now been echoed by Roger Morris, large-scale landlord and director of sales and distribution for the mortgage division of Tandem Bank, whilst...
Landlord fined after family with baby were left without water or proper heating
A private landlord has been prosecuted after a family – including a baby and two older children - were left without water or adequate heating in their rented property. Anthony Wardrop, 79, on behalf of Sedgedene Estates, was fined £1,000 and...
Is the UK taxation of landlords’ fair?
Mark Alexander - Founder of Property118, has published an article asking why a landlords business is not treated the same as any other business. It can be seen here, and says: property rental businesses, especially privately owned ones, have a much...
HALIFAX HOUSE PRICE INDEX
UK Halifax house prices grew by 1.1% in February month-on-month, outpacing expectations for a drop of 0.3% and accelerating from January and December at 0.2% and -1.3% respectively. Year-on-year, house prices grew by 2.1%, also ahead of forecasts...
What British landlords can learn from Finland’s disastrous rent controls experiment
The Telegraph has run an opinion piece on how lifting rent controls transformed the market in Finland. It can be seen here (subscription may be necessary) and points out that Scotland is going to introduce rent controls; Wales are seriously...
Malcolm Clark
We are sorry to hear about the death of Malcolm Clark. Malcolm was a long term stalwart of Southampton landlords, and will be missed by all of us. Please see the notice published in the Hampshire Chronicle and Local Echo
Government encourages complaints about ‘rogue landlords’
Social housing tenants will be urged to complain about shoddy and dangerous housing in a major new Government advertising campaign. Housing Secretary Michael Gove said the campaign, which will encourage tenants to voice complaints first to...
“Tackle damp and mould or pay the penalty”, Hackney landlords told after record Council investment agreed
Hackney Council has stated that ‘Landlords who put lives at risk by ignoring serious damp and mould issues will face fines and legal action after the Council agreed record new investment to improve living conditions and step up enforcement against...
Licensing – Raising Standards or Just Raising Revenue?
Landlord Today has recently published an article asking whether Licensing is ‘Raising Standards or Just Raising Revenue?’ The full article can be seen here, and raises the example of Brent where it says ‘one of the largest licensing scheme...
‘Extend Awaab’s law to cover all rented homes’
The government has announced new legislation which will force social housing landlords to fix damp and mould in their properties within strict new time limits. Ministers have tabled amendments to the Social Housing Regulation Bill to introduce...
Are landlords leaving the industry or not?
We’re frequently told that landlords are leaving the industry, but the latest English Housing Survey shows that the number of private renting households rose in England by 177,000 from 2021 to 2022. In a recent article, the Guardian choose to take...
Landlords who don’t upgrade their properties should pay higher mortgages.
A cross-party group of MPs and peers has suggested that landlords who don’t upgrade their properties should be liable for mortgage penalties. The All-Party Group on a Green New Deal believes there should be a 1% mortgage interest rate premium...
Foxtons buys East London Agent
London-based estate agent firm Foxtons confirmed the acquisition of Atkinson McLeod for GBP7.4 million, to be funded from its existing cash reserves. Atkinson McLeod is an estate agent operating in Central East London, with four branches, bringing...
MPs urge government to take action on leaseholds and managing agents
Various MPs have called on the government to urgently look at leasehold reform and managing agents, with a focus on service charges. Barry Gardiner, Labour MP for Brent North, said in a debate about leasehold and managing agents said that there was...
Tenants in mouldy flats are silenced, according to Generation Rent
Generation Rent has accused landlords of “silencing” private tenants who live in properties hit with damp and mould. The group’s outgoing director - Baroness Alicia Kennedy - says: “The ability of landlords to evict tenants without needing a reason...
Are councils acting illegally when telling tenants to stay put?
Property118 have run an opinion piece on why Councils tell tenants to remain in their rented home, and question its legality. It can be seen here, and having explained when a person is classed as homeless, goes on to explain that councils are...
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LATEST NEWS
Landlord fears ‘prison sentence’ over council’s selective licensing application process
Property118 has interviewed Mick Roberts, a prominent landlord in Nottingham, who has voiced frustration with...
Generation Rent demands bad landlords have their properties seized
In their campaign, Generation Rent advocates for big city mayors to take decisive action against what they deem as the...
Changes planned for permitted development rights for extensions, roofs and outbuildings
The government has initiated a consultation on proposed changes to permitted development rights for various aspects...
Council concerned about number of landlords leaving the market
Thurrock Council is grappling with increasing challenges in providing housing assistance to its residents amid the...
Minister concerned about planning laws and immigration making housing crisis worse
Lee Rowley, the housing minister, has emphasized the need to ease planning laws in response to the housing crisis...
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