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Data protection requirements for landlords
On 30 January 2023 Shelter Legal updated its webpage concerning data protection requirements for landlords. Some landlords or letting agencies which handle personal data need to register with the Information Commissioner’s Office and pay a data...
Bill of Rights Bill: Parliamentary Committee urges Government not to proceed
The Human Rights Joint Committee has published a report in which it calls on the Government to reconsider the majority of the Bill of Rights Bill, calling into question the wisdom of proceeding with the legislation at all. The Committee has...
Repairing unsafe buildings
On 30 January 2023 the DLUHC announced that it had issued developers with legally binding contracts that will commit them to pay to repair unsafe buildings. The Government has set a six-week deadline for developers to sign the legal agreements...
Leeds City Council provides update on its actions to tackle mould and damp issues in council housing
Leeds City Council have just published an update on its work to tackle mould and damp issues in council housing.; It can be seen here.
Second home and buy-to-let sales surge by a fifth.
A report in the Telegraph shows that taxes paid on second properties surged in the last financial year. The report can be seen here (subscription may be necessary) and shows that HMRC have reported tax paid last year of £4.56bn, against an average...
13,000 offshore companies holding UK property face fines
Almost 13,000 offshore companies holding UK property have failed to declare their ultimate owners and may now face fines and a ban on selling their land, the government has said. Martin Callanan, a business minister, praised the introduction of the...
Nationwide – annual house price growth drops to 1.1% in January
UK Nationwide house prices grew by 1.1% year-on-year in January, falling short of estimates for growth of 1.9%. On a monthly basis, the figure declined by 0.6% also underperforming forecasts for a decline of 0.3%, representing the fifth consecutive...
Morgage Advice Bureau Expect Volume Recovery Later this Year
In their a trading update for the year ended 31 December 2022, leading morgage broker, Mortgage Advice Bureau reported revenue for the year increased by 22%, despite the immediately negative impact of September's mini-budget on the mortgage market....
Have you purchased property in a company registered offshore?
If you bought properties before August 1st 2022 with an overseas ‘entity’ you should register with Companies House by January 31st this year. To register with companies house, follow the steps here. The register will be publicly available and...
Landlord agrees to pay back thousands received in housing benefit
A landlord has agreed to repay a total of £2,160 that he had received in housing benefit following the expiry of an improvement notice that was served by the council requiring works to be completed on the property. The rent repayment covers a...
Gove makes two announcements affecting leaseholders.
Michael Gove, housing Secretary of State has made two announcements this weekend (29/1/23). After admitting the Government was partially to blame for the Grenfell fire, in that guidance on fire materials at the time allowed ‘unscrupulous people to...
Greenwich Council pulls plug on licensing consulation
Following feedback from various sources, including the letter from iHowz, Greenwich Council has abandoned the consultation on additional licensing plans, and has been forced to relaunch the consultation. You can see more details on their website,...
iHowz submission to HMRC in respect of the Spring Budget
iHowz have just submitted a paper to the Treasury in respect of the next Spring Budget. The whole paper can seen here here, and calls for: Rescind Section 24 of the 2015 Finance Act Allow Registered Landlords to reclaim Supplemental 3% SDLT on...
Anti-landlord reforms will stop students going to university, ministers warned
Making all tenancies open-ended will bring an ‘inevitable’ reduction in student housing. In a recent article in the Telegraph, Melissa Lawford warns of the potential of the proposal to make all tenancy agreements contractual (rolling) from day 1,...
4% of landlords want to expand property portfolios
More than four out of 10 buy-to-let (BTL) landlords (42%) intend to purchase additional property in the next 12 months, a Landbay survey reveals. Despite ongoing pressures on landlords, the quarterly survey found that 79% of those intending to buy...
Will Landlords see this as an Opportunity?
Balfour Beatty has won a GBP1.2 billion contract to dig a tunnel called the Lower Thames Crossing under the River Thames. The infrastructure construction firm said the contract is for the 'Roads North of the Thames' package and was awarded by...
The time is now: Three reasons to invest in buy-to-let
What Mortgage have run an article that it is their belief that now is the time to invest in property. Commencing 'Would-be landlords may have been put off investing in a new property because of soaring mortgage rates. But, says Richard Campo, there...
Be warned – tenants encouraged to claim rent back
The Mirror has run an article on how some tenants might be owed 'thousands', and advises them on how to do it. The article can be seen here. Renters could be due a refund of 12 months' rent if their landlord has not properly licenced the property...
Legal aid: Review of options for improving the sustainability of the system announced
On 5 January 2023 the Ministry of Justice announced that there will be a review exploring options for improving the sustainability of the legal aid system for people facing civil and family legal issues. The review will commission an external...
Increases in housing costs and their impact on households
The Office for National Statistics has published data showing that more than 1.4 million households in the UK are facing the prospect of interest rate rises when they renew their fixed rate mortgages in 2023. The majority of fixed rate mortgages in...
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LATEST NEWS
Changes to various permitted development rights: consultation
The Government has published a consultation stating: Summary This consultation seeks views on changes to several...
Gove repeats ‘promise’ to ban Section 21
Appearing on the BBC, Housing Secretary Michael Gove has stated that no-fault evictions will be "outlawed" in England...
Renters Reform Group urge a stronger Renters Reform Bill
The Renters Reform Coalition, comprising organizations such as Shelter and Generation Rent, has once again urged...
Hints of housing measures in the budget
Housing Secretary Michael Gove has hinted at the possibility of housing measures being included in the upcoming Spring...
Government to build more affordable homes
The UK government has announced a £3 billion increase in funding for the Affordable Homes Scheme, aimed at...
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