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The growth in short-term lettings in England
On 5 January 2022 the House of Commons Library published a paper examining the growth in short-term lettings and calling for greater regulation of the sector in England. It provides a brief overview of the regulatory approaches in other countries....
Cladding and fire risk in flats
On 10 January 2022 the Secretary of State for Levelling Up, Housing and Communities, Michael Gove, wrote to the residential property developer industry and warned developers that they must pay to fix the cladding crisis that they caused. Mr Gove...
Holiday Home tax loophole to be closed
Second-home owners who 'pretend' to let their properties out to holidaymakers face a tax crackdown from Levelling Up Secretary Michael Gove. Press reports have revealed that Mr Gove is threatening to hit them with new bills which could run to over...
HMO profits in danger due to energy crisis
Whilst requiring more management, HMO's have traditionally attracted a higher profit. But that is now in danger of changing where landlords paying all the bills are seeing large rises in their energy bills. The energy crisis has struck at a time...
Eco red tape will hammer house prices, expert warns
The Telegraph has run an article warning that 'People are sleepwalking into buying properties that could soon plunge in value or become unsaleable due to looming red tape' Landlords cannot let a property with an EPC rating lower than 'E' unless...
Will there be more tax changes soon?
A leading accountancy firm says the relative good health of the rental market and house price appreciation will trigger stricter enforcement action by HMRC in the year to come. Tim Walford-Fitzgerald, a partner at accountancy firm HW Fisher, says...
Landlord banned over substandard properties
An unscrupulous landlord has been handed a long-term ban after allowing up to 18 residents to live in substandard conditions. Adam Habane has been barred from letting or managing properties for five years after an investigation by Bristol City...
More Help For Leaseholders
Housing Minister; Michael Gove has conducted a series of news interviews, announcing more help for leaseholders affected by the cladding crisis AND the wider fire safety issues. Companies “have until March” to shoulder their responsibilities for...
House prices up 9.8% in 2021
The December Halifax House Price Index has just been released, with the average UK property price now hitting £276,091. House prices increased by over £24,500 in 2021, the largest annual cash rise since March 2003. However, they are expecting House...
Another new HMO Licensing scheme approved
Proposals to introduce an additional licensing scheme for Houses In Multiple Occupation (HMOs) in and around the high street and central areas of West Bromwich have been given the go-ahead. The decision to approve the plans follows an extensive...
Rental market holds steady
Landlords fearing a fall in income and a rise in voids over the festive period have nothing to fear - it appears the lettings market is still in full swing, despite winter.According to the latest index from PropTech supplier Goodlord, voids held...
Would it be ‘A New Deal for Tenants’?
The Scottish Government has published a paper seeking views from interested parties on 'A New Deal for Tenants'. The paper can be found here, and the consultation taken here, or a Word version here. The Executive summary for the paper states that...
How would rent controls affect the market?
Buy-to-let landlords may be forced to pull out of investing in the private rented sector in Scotland if proposals to cap rents are introduced. Would the same happen in England? David Alexander, the managing director of DJ Alexander, acquired by...
Buy to Let should be restricted, says ex Tory councillor
A former Conservative councillor has used a leading party website to call on the government to restrict the purchase of buy to let properties - see here Sam Clark is a former Conservative councillor living in Epping Forest in the south east of...
Participate in a survey about pets in rental properties
Northumbria Law School and the Open University are conducting research into whether private landlords rent to tenants with pets and the issues and/or benefits of doing so. The organisations are asking that any private landlords who currently rent...
HMRC wants your tax sooner
Making Tax Digital for income tax, albeit pushed back by a year, is still very much on the HMRC agenda. But there have been significant changes along the way, not all for the better! Unincorporated clients with trading turnover or gross rental...
Are you a ‘landlord’ or a ‘Small Housing Providers’
The majority of the buy-to-let community say they would prefer not to be called “landlords”, according to research from mortgage intermediary Mortgages For Business.Some parts of the US media, including regional divisions of NBC, have reportedly...
The end of ‘no fault’ section 21 evictions (England)
The House of Commons has published an excellent resume of the Section 21, including various proposals for its future. Don't forget iHowz campaign to make politicians aware of the unintended consequences if the Section be removed It can be seen...
Is Purplebricks going to sell its rental interests?
Speculation is growing that Purplebricks is preparing to offload its lettings business after allegedly putting thousands of landlords at risk of being fined after failing to follow basic tenancy law. Recent regulatory failings have had an adverse...
Bad landlords might not find an agent
Self-managing landlords who think they don’t have the same compliance obligations as agents could face serious repercussions, Trading Standards chiefs have warned At a rental round table debate led by PropTech supplier PayProp, Emma Cooke - policy...
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LATEST NEWS
New task force to combat ‘Rogue Landlords’
Liverpool City Council has launched a Private Sector Housing Intelligence and Enforcement Task Force, aimed at...
Landlords fined after licensing failures
Haringey Council in London has taken strong measures against landlords who fail to license their Houses in Multiple...
Rightmove and Hamptons Report on the property market
The average price tag on a UK home tumbled by nearly £7,000 in December, according to Rightmove. Across Britain, the...
Brighton & Hove New Property Licensing Consultation – Reminder to respond to the consultation – 4 weeks remaining.
Brighton and Hove City Council are currently running a consultation on new property licensing schemes - within the...
Leeds Council declare a housing crisis
The housing crisis in Leeds is highlighted as people in urgent need of a council house are waiting over two years to...
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