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CGT payment period extended
As part of the recent budget, the government has immediately extended the deadline to report a Capital Gain on the sale of residential property from 30 days to 60 days. This is probably in response to complaints made by members of the Association...
Damp and mould: Housing Ombudsman urges zero tolerance
The Housing Ombudsman has published a Spotlight report which urges social landlords to adopt a zero-tolerance approach to damp and mould. The report – Spotlight on damp and mould – It’s not lifestyle – examined 410 complaints investigated...
2021 Budget
The Chancellor has made his spending review speech to the House of Commons today (Wednesday 27th October) He has pledged to build 180,000 affordable houses. £1.8 billion will go towards building homes on derelict or unused land in England as part...
New Covid fund for landlords
Under a scheme to be operated by Local Authorities, the Department for Levelling Up, Housing and Communities will provide the £65m to assist Landlords in England with tenants in rent arrears because of Covid. They will have the choice of how to...
Vulnerable renters
The DLUHC announced that vulnerable renters struggling due to the impact of the pandemic would be helped by a £65 million support package. The funding will be given to councils in England and will be available through the winter months for...
Landlords fined £290,000 for ignoring planning
A married couple who are landlords from Southall have been ordered to pay over £290,000 after they failed to comply with a planning enforcement notice issued by Ealing Council. The west London local authority prosecuted the landlord couple, Mr...
Rental demand overheating
Roseanna Lane thought she had plenty of time to find a new flat to rent when she gave notice to her landlord two months ago. But despite registering with eight estate agents in Richmond, South-West London, Roseanna and her partner Nick have found...
Government in hot water from ARLA Propertymark
ARLA Propertymark has criticised the government over its net zero policy of banning new boilers from 2035 and giving landlords £5,000 to pay for alternatives. Timothy Douglas, policy manager at Propertymark, says: "The government’s long-awaited...
London landlords most likely for tax avoidance
London commuter towns make up all the Top Five hotspots for tax avoidance by buy-to-let landlords in the UK, according to analysis by UHY Hacker Young, the national accountancy group. They also make up eight of the Top Ten nationally. Ilford had...
More properties bought by landlords during stamp duty holiday
This is Money are reporting that the recent holiday in Stamp Duty (SDLT) resulted in buy-to-let landlords coming into the market, but not in the numbers as was originally feared. The article can be seen here, and says: Britain's landlords did not...
Clampdown on landlords of properties with poor energy efficiency ratings
The Department for Business, Energy & Industrial Strategy has launched a campaign to raise awareness and enforce rules banning landlords renting homes with worst performing energy efficiency ratings. Since April 2020 privately rented homes must...
Help and support for landlords
The Government are making videos and webinars available to help landlords. See more details here.
Does rent control work?
Economics Observatory have just published an article on rent controls. Although aimed at the Scottish market, it makes some interesting points in general. A summary of the points made are: when rent control policies cover disadvantaged minority...
Ten Tax Tips for First-Time Landlords
PropertyWire has just published an article aimed at the first time landlord. It can be seen here, and covers:- Get expert advice Keep accurate records, MTD 2023 Maximise your expenses Minimise tax Form a limited company Register for self-assessment...
40,000 families to get warm homes boost
Over 40,000 families living in cold and draughty rented properties across 59 local authorities in England and Wales could get warmer homes under plans to help councils clamp enforce the Minimum Energy Efficiency Standard. The Department of...
Index of Private Housing Rental Prices, UK: September 2021
The Office for National Statistics has published its monthly index tracking the prices paid for renting property from private landlords in the UK. It shows that in the 12 months to September 2021: Private rental prices paid by tenants in the UK...
Exempt accommodation
Crisis has reported that Freedom of Information data obtained by it shows that 153,701 households in Great Britain were housed in exempt accommodation as of May 2021. This represents a 62 per cent increase from 2016 to 2021. As Crisis explains,...
Demand from tenants at highest level
Paragon Bank have carried out a survey of over 600 landlords, and have established that tenants demand has risen to record levels during Q3 The survey showed, when excluding those who were unsure, 69% of landlords reported increasing levels of...
Government unveils £3.9bn heat and buildings strategy
The government has unveiled a £3.9bn plan to lower the cost of low-carbon heating systems such as heat pumps. The heat and buildings strategy aims to ensure that running more energy efficient heating technology is no more expensive - and...
Key risks facing social housing sector in 2021 and beyond
The Regulator of Social Housing has published a risk profile setting out the main risks facing the social housing sector and some of the actions registered providers should be taking to manage those risks. It identifies risks across a range of...
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LATEST NEWS
Changes to the level of Civil Penalties for Right to Rent breaches
Reminder that the Home Office has announced a large increase the level of fines that landlords can face if they are...
Court of Appeal favours mediation
The recent Court of Appeal ruling in the case of The Churchill vs Merthyr Tydfil Council has implications for...
House prices rise again
According to data from mortgage provider Nationwide, UK house prices unexpectedly rose in November, indicating further...
New Licensing Scheme announced
The London Borough of Brent is planning to launch a licensing scheme for homes in the private rented sector, excluding...
Landlords’ guide to your 2022-23 tax return (and how to beat HMRC)
Telegraph Money reveals how to minimise your bill and avoid any penalties - see here (subscription may be necessary)....
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