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Study: Private landlords need information and education to improve standards for renters
Many private landlords lack the knowledge, skills and support needed to provide decent homes for renters, a new study has found. The UK Collaborative Centre for Housing Evidence (CaCHE) study, by Dr Jennifer Harris and Professor Alex Marsh at the...
Legilsation introduced to pass energy rebate to tenants
The Energy Bills Support Scheme and Energy Price Guarantee Pass-Through Requirement Regulations 2022 (the Regulations) came into force on 1 November 2022 and make clear that a landlord charging rent inclusive of energy bills must pass-on the...
Build to Rent could fill the void of landlords leaving
Investment in the Build To Rent sector has almost doubled year-on-year, according to new research. Property consultancy Cushman & Wakefield says that in the third quarter of this year some £1.17 billion was invested in BTR, up from the £600m...
More than a quarter of landlord clients plan to sell
A survey on the broker forum showed that 28% of landlords are looking to sell their properties, and only 3% intend to purchase additional properties. Just over a quarter of landlords have no plans to alter their investments, while 39% of BTL...
MP’s warned increased interest rate could reduce number of rental properties.
A number of buy-to-let landlords will be forced to either raise their rents to prevent their properties from being un-mortgageable amid rising interest rates, or simply sell up. MPs were told this week that many renters could find that there is...
Fire Risk advice for landlords.
As part of the recent Fire Door Safety Week, the following advice was issued for landlords - https://www.firedoorsafetyweek.co.uk/
Be warned, the Tax Man is still on the prowl for landlords with undeclared rental income
Landlords are being encouraged to get their accounts in order after an accountant specialising in buy-to-let property warned that HMRC is intensifying its efforts to track down those with undisclosed income. Since the government launched its Let...
Some horror stories of problem tenants
Melissa Lawford is writing in todays Telegraph about some of the horror stories she has heard about rogue tenants. The article can be read here (subscription might be necessary), and says: Landlords with rogue tenants have lost tens of thousands of...
Landlords face £8,400 capital gains tax squeeze
The Telegraph is running an article on the possible outcome of the Autumn statement on landlords. The article can be seen here (subscription might be necessary), and says: Landlords will lose thousands of pounds in sale profits under proposals...
Kingspan says prices have peaked
Kingspan said sales so far in 2022 have surged, and price pressures "appear to have peaked". Reporting sales in the nine months to September 30 jumped 33%, third-quarter sales alone rose 17%. Kingspan added: "A feature of the current environment is...
Halifax figures confirm fall in House Prices
UK HALIFAX HOUSE PRICE INDEX UK house prices fell by 0.4% month-on-month in October versus a 0.1% drop in the previous month. Annual house price growth came in at 8.3%, slowing from 9.8% in September. There was a notable slowdown in October’s...
Offshore Ownership of Property Revealed
More than 138,000 residential and commercial properties in England and Wales are owned by offshore companies, with holdings in London worth a combined £55bn, according to research shared with the Guardian. The findings come as the government begins...
Government plots raid on landlords to plug £50bn black hole
Property118 are running a blog on the possible matters that might be in the Autumn statement next week, predicting a large squeeze on landlords. The blog can be seen here, and says (note that the revised EPC rating has not yet been published): The...
Nottingham landlords could be fined £5,000 for renting homes with low energy ratings
Private Landlords in Nottingham could be fined £5,000 if their property's EPC rating is below E. As part of the council's 'Carbon Neutral Nottingham 2020-2028 Action Plan', the council is hoping to reduce fuel poverty in the city and eliminate...
After 12 years I’m giving up buy-to-let
The Telegraph is running an article on a long-term landlord who is selling up becuse of increased legislation. The article can be seen here (subscription might be necessary), and says: Anita Parkinson has been a landlord since 2009. The 62-year-old...
The Office of Tax Simplification calls for landlord deferral on Making Tax Digital
In its property income review, released on 1 November, the Office of Tax Simplification (OTS) makes some strong recommendations to improve aspects of Making Tax Digital for income tax self assessment (MTD ITSA) that affect residential landlords....
There has been a change for legacy immigration document holders in the UK.
Since 6 April 2022, it has been free for those with indefinite leave to enter or remain in the UK to make a ‘No Time Limit’ application, which provides them with confirmation of their UK immigration status in the form of a biometric residence...
Research shows majority of landlords own bad energy rated properties.
The government has previously set out an aspiration for a minimum C rating in England and Wales by April 2025. Yet Shawbrook's research shows that at present only a quarter of landlords’ portfolios contain properties that all meet the C target for...
Rishi Sunak’s Plans for Landlords
Our colleagues at Mortgage for Business have just posted this blog, to try to predict what might be in store for landlords.
Will The Medway Market Crash?
Hasan from Home-share.co.uk has posted a blog stating 'Early Indications Medway’s Housing Market Is Slowing… Will It Crash?' The whole blog can be seen here, and says: Over the past couple of weeks, I’ve been carefully gauging the local market and...
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LATEST NEWS
Brighton i360 debt tops £50 million
The i360, a tourist attraction in Brighton, UK, reportedly owes more than £50 million to the city council, with the...
Council tenants unable to pay communal heating bill are threatened with eviction.
Council residents in south London, particularly Lambeth, are reportedly facing eviction threats due to an inability to...
The Bank of England has failed. It must urgently lower interest rates
The Standard has published an opinion piece by Ben Ramanauskas, a research fellow at Oxford University and a former...
BRE calls for major reforms of EPCs and better trained assessors
The Building Research Establishment (BRE) is advocating for a significant overhaul of Energy Performance Certificates...
A landlord who failed to provide a council with information has been fined.
The landlord in question faced legal consequences for failing to provide information about one of his properties,...
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