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Evictions hit a 23-year high
Eviction claims by private landlords hit a 23-year high in 2022, according to data from the Ministry of Justice. Private landlords issued nearly 26,000 possession claims in England and Wales in 2022 – more than in any other year on record since at...
Have you claimed for rent arrears in your tax?
Nearly half a million households fell into rental arrears during the pandemic as unemployment soared, according to a report by the think tank the Resolution Foundation. Landlords who lost rental income between April 2020 and April 2021 may not...
MP’s comment on the White Paper
Recently, an All-Party Parliamentary Group (APPG), an informal cross-party group tasked with questioning government departments, examined the White Paper A fairer private rented sector in detail. Many organisations submitted evidence, as did iHowz...
Over half of tenants reported struggling with their housing costs.
A recent report by the Resolution Foundation used data from a new YouGov survey of 10,470 UK adults to examine how the cost-of-living crisis is affecting people’s ability to meet their housing costs, how it varies across tenure, and the...
Housing Ombudsman launches consultation on 2023-24 business plan
The Housing Ombudsman has started to consult on its business plan for 2023-24. The business plan covers the second year of the Ombudsman’s 2022-25 corporate plan, which aims to deliver an independent, visible and proactive service for social...
Landlord fined over waste in back yard that was ‘risk to health’
A landlord has been fined due to a build up of waste which was considered a risk to health. The property in Horden, County Durham, was inspected last August following concerns about the state of the rear yard. Durham County Council said waste...
Ensure you maintain your empty property, else you might get fined
A landlord has been landed with a bill of almost £2,800 for failing to clear rubbish and maintain his vacant property.Alex Howard was found guilty by Liverpool Magistrates Court in relation to an empty property in Anfield which had been vacant for...
Where is tenant demand now highest?
More than nine in 10, or 94%, of landlords with properties in Central London reported strong levels of tenant demand, according to specialist buy-to-let lender Paragon Bank. Research undertaken by BVA BDRC on behalf of Paragon Bank found that...
First remediation contribution order made under the Building Safety Act 2022
The First-tier Tribunal has made what is believed to be the first Remediation Contribution Order under the Building Safety Act 2022. The order was made in connection with the remediation of building safety defects at a high-rise residential block...
Illegal extension and tiny rooms earn rogue landlord heavy fine – Southwark
Southwark Council has reported that a local landlord had pleaded guilty to breaching planning rules at two properties in Camberwell. Mawan Musa had squashed three small flats into the basement of one of his properties in order to collect rent from...
Buildings insurance for multiple-occupancy residential buildings
DLUHC published has a letter from the Secretary of State for Levelling Up, Housing and Communities to the Financial Conduct Authority and Competition and Markets Authority. The letter responds to the final report from a review into the buildings...
New report suggests half of BTL landlords look to increase rents to offset interest rate hikes
A new survey by Finbri found that if the UK base rate hits the expected 4.5% in 2023: 52.75% of landlords will raise rents to cover additional expenses 45.35% will consider alternative investments 44.66% will sell their investment properties It...
A friendly MP speaks up for landlords
Andrew Lewer, Conservative MP for Northampton South, is calling on the government to help landlords boost rental supply by reforming taxation, and an overall increase in house building volumes in a bid to ease the current mismatch between tenants...
Landlord exodus is a crisis of the Tories’ own making
Under the sub heading ‘The all-out war on buy-to-let landlords has left the rental market on the brink’ Mathew Lynn has published a very telling article in the Telegraph. It can be seen here (subscription may be necessary), starting: ‘Landlords are...
Landlords avoid buying low EPC rated properties
Barry Webb, chief executive of Mortgage Saving Experts has commented that landlords, battered by high interest rates and tightening energy-efficiency regulations, are losing patience with the property market. Webb has noticed this particularly in...
Bank of England warns landlords leave the market
Demand for rentals outstrips supply as tax changes and rising rates punish investors the number of landlords choosing to exit the market increased The Bank of England Monetary Policy Report has just been published, and says demand for rental...
Ombudsman issues evaluation of responses to damp and mould report
The Housing Ombudsman has provided an analysis of responses from landlords to the Spotlight report one year on and proposed ten ‘key tests’ for landlords who are producing action plans, as the sector reflects on the inquest into the death of Awaab...
Is this the start of a great buy-to-let sell-off?
The Financial Times have run an article questioning whether we are seeing the beginning of the end of Buy-to-Let. The article can be seen here (subscription may be necessary), and gives the example of a long term landlord who began buying homes for...
The Royal Borough of Greenwich has relaunched its consultation on a new borough-wide Additional HMO Licensing Scheme
The consultation runs from 13 January until 24 March 2023 and focuses on plans to designate a new Additional HMO Licensing scheme, the former Additional Licensing scheme came to a close at the end of 2022, for another five years. An independent...
Household Debt: Key Economic Indicators
The House of Commons Library has just published a report on Household Debt: Key Economic Indicators. It can be seen here, and says: Household debt as a % of disposable income Household debt peaked in Q3 2008 at 155.6% of household disposable...
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Bridging loan transactions hit all-time high in 2023
According to latest Bridging Trends data, contributors transacted £831 million of bridging loans in 2023, making it...
Chief executive of Purplebricks has criticized the Conservative Party
Sam Mitchell, the chief executive of Purplebricks, has criticized the Conservative Party for what he perceives as...
Zoopla predictions of a 2% average house price drop this year
A report Zoopla provides valuable insights into the dynamics of the UK housing market, particularly in 2023 and the...
Flood risk management and funding
The House of Commons Library has published a paper on Flood risk management and funding. The full paper can be seen...
Strengthening planning policy for brownfield development
The Government has published a consulation stating: Summary Consultation on changes to national planning policy to...
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