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Housing Benefit: Shared Accommodation Rate
The House of Commons Library has published a report into the Shared Accommodation Rate. The report can be seen here, and in summary: What is the Shared Accommodation Rate? The maximum amount of housing support private renters can get through...
Actor’s struggle to find new home as landlords refuse to accept him
An actor who has been evicted from the flat he has lived in for seven years has spoken of his dismay at finding new accommodation. Oscar Heron, 45, was issued an eviction notice for his two-bed flat in Highbury on September 14, giving him until...
Coventry looks to introduce Article 4 Direction
Consultation has begun over plans to force landlords to seek full planning permission for turning homes into Houses in Multiple Occupation (HMOs). Coventry City Council said the proposal would place restrictions on residential property conversions...
Tax breaks for landlords to reignite buy-to-let market
The Telegraph have run an article stating that ‘Landlords will pocket thousands of pounds in savings thanks to the biggest tax boost for investors in years.’. Going on to say ‘The tax cuts have been welcomed by landlords who have shouldered years...
Labour Party conference: Plan to ban ‘no pet’ rules for renters and make evictions harder
Labour has laid out plans for sweeping housing reforms that would reduce landlord powers to kick out tenants or stop them keeping pets. Shadow Levelling Up secretary Lisa Nandy said the party’s Private Renters’ Charter would end no-fault evictions,...
Bouncing Back – the opportunity for landlords in London
Property Reporter are running an article by the MD at Castle Trust Bank, where he states that he believes London is bouncing back. It starts‘Before our idea of ‘normal’ was shaken by Covid-19, the capital sat pretty as an ideal market for those...
Landlords have no confidence in the government
A recent SpareRoom poll revealed that 94 per cent of landlords have no confidence in the government’s approach to housing, with 36 per cent saying they plan to reduce their portfolio this year and a further 16 per cent planning to leave the rental...
Letting agents back controversial database
A controversial database which will allow widespread access to the identities of rogue letting agents and landlords has been backed by trade body Propertymark. Its head of policy and campaigns, Timothy Douglas, says: “Propertymark has long called...
Oxford unlicensed landlord made to repay students £84,000
A student accommodation management company has been ordered to refund more than £84,000 in rent after failing to licence it with the city council. SC Osney Lane Management Ltd runs the purpose-built Student Castle in Osney Lane, Oxford, which...
Tax changes announced
In a massive shake-up of the UK's finances, Chancellor Kwasi Kwarteng has outlined a series of tax cuts and economic measures he says will boost growth. In summary, he changed: • Stamp Duty: o no duty on first £250,000 (up from £125,000) o first...
Mini Budget
If you weren't keeping up with the mini-budget this morning, we have gathered some of the highlights, predominantly for business: Overall message: "A new era for Britain", with a focus on boosting growth, productivity and competitiveness Basic rate...
New law forcing landlords to pass on £400 energy discount
Landlords will be forced by law to pass on the £400 energy rebate to tenants with all-inclusive bills, the government says.Activist groups and some charities had raised concerns that tenants whose bills are included in their rent could miss out...
Many commercial landlords are not aware of new EPC requirements
Most landlords are aware that there is a minimum EPC rating for residential properties – currently ‘E’ with the likelihood of going to a ‘D’ rating, or even a ‘C’ rating in the future. What is less well known is that this will also apply to...
Changes to private property licensing in Ealing
Ealing have made the following announcement: Notice of Designation of areas for Selective Licensing under Section 80, Housing Act 2004 On 7 September 2022, the government approved Ealing Council’s proposals for a second larger selective licensing...
Majority of landlords supporting tenants with rising cost of living
75% of residential landlords have taken steps to support tenants during the current cost-of-living crisis, according to new research from Shawbrook. With 85% of tenants having made lifestyle changes to cope with inflationary pressures, many...
Tenants being offered rented home to buy
A range of mortgage brokers are reporting an increase in enquiries from private tenants who have been given first refusal to buy the homes they are renting. They report that tenants are being made the offer on the basis of landlords wanting to sell...
Many landlords continue to support tenants
Three quarters (75%) of residential landlords have taken steps to support tenants during the current cost-of-living crisis, according to Shawbrook. The specialist lender found that the majority of tenants (85% ) have made lifestyle changes to cope...
Many landlords denied access to carry out legally required gas check
All landlords renting properties with gas appliances have a legal duty to have a gas safety inspection carried out each year by a Gas Safe registered engineer. A copy of the gas safety certificate must then be issued to the tenants. However, a...
Changes to Right to Rent checks
The Government gave temporary dispensation during the Covid Pandemic to allow short term changes to the way the Right to Rent Checks are carried out. This will end 30th September 2022, when you must use the new mechanism to check. The temporary...
Property Portal confirmed, to have access to the Rogue Landlord database
The Government have finished their consultation into the Rogue Landlord Database, and have announced it will become public, being incorporated into the new Property Portal. You can see the announcement here, which says ‘As set out in the ‘a fairer...
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LATEST NEWS
Financial Distress in Property and Real Estate Businesses
A Begbies Traynor Red Flag Alert report warns that more than 60,000 property and real estate businesses in the UK are...
Critique of Michael Gove’s Proposed Ground Rent Reforms
Writing in Property Industry Eye, under the headline 'Gove’s naïve plans for leasehold reform will only exacerbate...
Leaders Romans Group Acquires Three Property Businesses
Leaders Romans Group (LRG) has completed the acquisition of three major property businesses: Stirling Ackroyd,...
Councils in England inspect only half of all mould reports in private rental housing
Budget cuts have resulted in local councils inspecting only about half of all reports of damp and mould they receive...
Housing ombudsman in England calls to re-establish link between housing and health
The Guardian has reported that the housing ombudsman in England, Richard Blakeway, has called for an independent royal...
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