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Can a private landlord refuse benefit tenants?
The House of Commons Library has issued a report debating whether a private landlord can refuse to let to Housing Benefit claimants In it they describe the two court cases where agents had been found guilty of discrimination by refusing benefit...
Sub-letting earns tenant over £2,500 per month
A one-bed flat in west London owned by Kensington and Chelsea council was subject to an illegal sub-let from the ‘tenant’, who was not living at the property and was claiming to be a private landlord. He received £850 a month from three subtenants,...
Landlords are selling up at twice the rate they are buying rental properties, new analysis shows
Analysis by Hamptons estate agents reveals that far more landlords are selling than buying as rental supply plummets. On average, the market is set to lose roughly 3,800 landlord properties every month in 2022, more than double the number from two...
Classic example of proper use of a Section 21
The Swindon Advertiser are reporting on a landlord who was forced to spend a considerable amount of money to repair a property wrecked by an anti-social tenant after the police classified the incident as a civil complaint after deciding there...
House Prices
(Alliance News) - House prices in the UK hit a sixth straight record high in July, a house price index compiled by Rightmove PLC showed on Monday, but the property portal expects prices to cooling off for the rest of 2022. Average house prices...
Rents increasing at record levels
Rents are increasing at the fastest rate on record, according to Melissa Lawford at the Telegraph London rental growth hit a new high of 15.8pc, the fastest rate ever recorded by property website Rightmove. In central London, rents increased by...
End of no-fault evictions ‘could push up rents’ – property dispute expert warns
The East Anglian Daily Times are reporting a comment by a local solicitor on the potential impact of the removal of the Section 21 Lee Pearce - who is partner and head of dispute resolution at Suffolk and Essex-based Ellisons Solicitors - believes...
Large Holiday Home landlord selling up
The Telegraph are reporting a landlord previously owning 25 holiday homes. Despite the booming staycation market and ability to rent out the properties for tens if not hundreds of thousands of pounds a year, the landlord recently starting scaling...
The White Paper on the Privated Rented Sector.
August 2022 - update We have been asked to present evidence to the Levelling Up, Housing and Communities Committee. You can see our submission here The Government published its long expected White Paper into the Private Rented Sector...
Could it happen here – tenants with pets are given more rights against landlords in one Australian state
New rental laws in Queensland, Australia will make it more difficult for landlords to terminate leases or deny tenant requests to have pets. The law changes are set to come into effect from October 1 in a series of reforms to the Housing...
Loans to business borrowers investigated
The City regulator has ordered bank boards to step in and improve the way struggling small business borrowers are handled after uncovering widespread mistreatment of companies across the banking industry. A Financial Conduct Authority review of 11...
Property Redress Scheme inviting landlords to join governing body
There are currently two redress schemes set up to monitor all letting agents and allow for complaints to be investigated independently. The two schemes are the Property Redress Scheme with more than 13,250 letting agency branches and the Property...
How much can rogue tenants cost their landlords and agents?
Mortgage Introducer have reported on research carried out has revealed the cost of rectifying damage caused by tenants can run into thousands of pounds. It can be seen here, and says: If a rogue tenant occupies a property for up to nine months and...
HM Treasury names new FCA chair
HM Treasury has announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). The newly appointed chair is expected to take up his role in January and begin his five-year term. Alder is currently chief...
Unite Group continue to make good progress in sales during Q2
Unite Group hailed its "good progress in sales" during the second quarter, noting decent demand from both domestic and international students. The student accommodation manager said 90% of its rooms are now sold for the 2022/23 academic year,...
80% of private renters are satisfied with their current accommodation and tenure.
The English Housing Survey has been published this morning (8/7/22) The full survey can be seen here, and the headlines are:- Four fifths (80%) of private renters are satisfied with their current accommodation The private rented sector is home to...
English Housing Survey released
The latest English Housing Surveys have been released this morning (8/7/22). English Housing Survey, 2020 to 2021: private rented sector English Housing Survey, 2020 to 2021: social rented sector English Housing Survey data on social and private...
House Price News
UK house price growth accelerated in June, defying expectations that the market will cool as consumers face pressure from rampant inflation, figures. According to Halifax, UK house prices rose 13% yearly in June, the strongest growth since late...
Cost of Living Crisis and Interest Rate Rises
More than 2m households have missed a bill payment every month this year as people struggle to keep their heads above water in a “relentless cost of living crisis”, according to new research from consumer group Which?. In June an estimated 2.1m...
Housing Minister resigns
As part of the mass resignations following the revelations about Chris Pincher (also a former Housing Minister) Stuart Andrew has now also resigned. Stuart Andrew was made the housing minister on 8 February this year, making him the shortest...
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LATEST NEWS
RICS report: housing market recovering but lack of landlords
The UK housing market showed signs of improvement in December, with stabilizing buyer demand and increased sales...
Probate applications increase by 12%
Research by Final Duties, a probate broker, indicates that the timeline for probate applications in the UK has...
Near bankrupt council selling its property portfolio
Birmingham City Council, facing financial challenges, is set to auction 29 disused properties, investments, land, and...
League table shows yields across the country
The Fleet Mortgages Buy-to-Let Rental Barometer for Q4 2023 reveals an annual increase of 0.3% in typical yields,...
ONS reports record rises in rent
The Office for National Statistics reports a record 6.1% annual increase in private rents in England in 2023,...
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