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Don’t forget insurance
The Telegraph has run a piece stating 'Eviction delays in the wake of the pandemic and the cost of living crisis are driving a surge in demand for rent insurance as landlords scramble to protect themselves against soaring arrears.' The whole...
More landlords selling, and tenants staying longer – figures show
Renters are remaining in properties for nearly two years on average, according to an industry body. Figures from Propertymark, which represents lettings and estate agents, said renters are staying put for 23 months on average. It said a lack of...
Are landlords being tempted back into the market?
Despite headlines over the last few years being largely dominated by record house prices, in some cases, the rental market has outpaced the sales market, a fact not missed by would-be landlords, according to Knight Frank.According to the latest...
Surprise – some tenants use eviction delays to avoid paying rent
Eviction specialist Landlord Action says it’s seen a sharp rise in landlords seeking to use its debt recovery service against tenants who could afford their rent but chose not to pay.Instructions from April 2021 to March 2022 were up 180 per cent...
The end of the small landlord? The beginning of larger corporate landlords?
This is Money have just published an article on end of the 'accidental landlord'. It can be seen here, and says: Small-time landlords are increasingly giving way to portfolio investors and large corporate landlords, according to a property...
Levelling up the Private Rented Sector
The Government recently published a paper on Levelling Up, it can be seen here. Note our comments on this paper In it they have made reference to a separate White Paper on the PRS, to be published sometime this year. This follows a report by the...
My dishonest tenant failed to pay £14,950 rent but had £250,000 in the bank
The number of landlords seeking unpaid rent has nearly tripled since the pandemic began, as even wealthy tenants have begun defaulting on payments. Instructions for rental debt recovery services are up 180% in the last year, compared to the...
Anti-landlord legislation sees BTL lending fall 8% since 2016
Despite the relentless tidal wave of Government changes to buy-to-let profitability severely damaging landlord appetites over the last five years, the level of B2L loans being issued remains substantially higher than a decade ago. Analysis of...
Human Rights Act reforms would weaken human rights protections in the UK: Parliamentary Committee
On 13 April 2022 the Parliamentary Joint Committee on Human Rights warned that Government proposals to reform the Human Rights Act risk weakening existing human rights protections. In a report published on that day, the Committee criticised...
Private rented housing ‘failing far too often to provide safe and secure homes’: Public Accounts Committee
On 13 April 2022 the Commons Public Accounts Committee published a report on the regulation of private renting in which it found that it is “too difficult for renters to realise their legal right to a safe and secure home” and that local...
Rental values expected to improve
According to a recent forecast from a leading UK estate agents the private rental sector this year can look forward to an average 4 per cent rise in rental values, and by the end of 2027 a substantial 17.1 per cent. Head of residential development...
Guardian article: ‘We’re not all terrible’: the landlords who keep rents low
The Guardian newspapers have published an article crediting landlords who are not Rogues, but caring landlords. It can be seen here, and says: When landlords hit the headlines it tends to be for the worst of reasons – what we don’t tend to hear...
Retired landlords unable to return home after council advised tenant to stay put
Two pensioners have been unable to move back into their home after Stevenage Borough Council told their tenants to remain in the couple’s property despite being given notice to quit. The husband and wife, both in their 70s, hoped to move back into...
Report on Rough sleeping (England)
The House of Commons library has published a paper providing information on the number of rough sleepers in England and policies aimed at meeting the Government’s target of ending rough sleeping by 2024. The report can be seen here, and the summary...
Are the Salvation Army acting like ‘a rogue landlord’
The Salvation Army, a well-known charity, has been accused of acting like “a rogue landlord” by leaving some of its private tenants living in substandard conditions. It has been reported that the Christian organisation ignored repeated requests to...
Tory Minister criticises Private And Social Renting at Shelter conference
Two ‘high profile’ Tory MPs addressed delegates attending the Shelter conference at which the charity stated that around six million private tenants are being “held back” in life. According to Shelter’s recent poll more than half of private tenants...
Levelling Up Committee holds exempt accommodation evidence hearing
On 22 April 2022, the Levelling Up, Housing and Communities (LUHC) Committee continued the public evidence hearings for its inquiry into exempt accommodation – a type of supported housing that is exempt from Housing Benefit rules limiting rents to...
LGA releases information on Ukraine
On 21 April 2022 the Local Government Association published information for councils related to the ongoing war in Ukraine, including on Government schemes and announcements, as well as related LGA support. The pages are being updated continuously...
Building Safety Bill
The Building Safety Bill returned to the House of Commons on 20 April to consider the amendments made in the House of Lords. The Government sought to remove or amend some amendments, and these were voted on without defeat in the Commons. The Bill...
Commons Committee Chair writes to Secretary of State on building safety scandal
On 20 April 2022 Clive Betts, Chair of the House of Commons Levelling Up, Housing and Communities (LUHC) Committee, wrote to Michael Gove, Secretary of State, DLUHC, following the Department’s announcement on 13 April of an agreement with the...
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LATEST NEWS
Labour Green Spending Plans
Labour’s independent energy advisers have warned the party against watering down its £28bn green spending plans in...
Halifax Data, Mortgage and Consumer Lending Up
The latest Halifax data showed that house prices rose again in December as mortgage rates fell. House prices picked up...
Labour considers Good Landlord Charter
Labour's Mayor of Greater Manchester, Andy Burnham, has announced plans to get serious about the private rental sector...
Another council leaps on landlord licensing gravy train
Landlord Today are reporting on yet another council extending licensing in an attempt to bring in more income. The...
Housing Market: Key Economic Indicators
The House of Commons Library has just published its Key Economic Indicators for the Housing Market. It can be seen...
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