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Croydon’s landlord licence scheme application rejected
CROYDON IN CRISIS: The government has binned an application to extend the borough’s landlord licensing scheme, saying that the council failed to provide any housing strategy. Robert Jenrick, the Secretary of State for Housing, has rejected Croydon...
Construction will need 217,000 new workers to meet demand by 2025, CITB warns
Joiners, electricians and fit-out specialists among skills most sought after Construction will need to recruit an additional 217,000 new workers by 2025 just to meet demand, the CITB (Construction Industry Training Board) has warned with those...
Fewer new properties will add pressure to housing inflation
Monthly construction output fell by 2.0% in April 2021 compared with March 2021, falling to £13,961 million, and was the first month-on-month fall since December 2020 when output fell by 2.2%. This follows comparatively strong growth of 5.8% in...
Government dismisses call for change to Stamp Duty
The government has dismissed a call for reform of the stamp duty system, which would have meant the tax would apply when contracts were exchanged, not at completion.Over 13,500 people signed a formal petition on the government website seeking the...
A June 21 delay won’t hurt the sales market
A senior estate agent says even if the restrictions easing lockdown, still formally scheduled for June 21, are delayed by several weeks this will not be a problem for the market.Cory Askew, head of sales at London-focussed agency Chestertons, says:...
Rogue landlord fined over failings in Mitcham
A rogue landlord has been forced to pay over £16,000 after a court found she had been renting out an unauthorised and unsafe House in Multiple Occupation ( HMO), following a Merton Council investigation. Daniella Mbachu was found to be running the...
Housing an ageing population: a reading list
The House of Commons Library has published a paper presenting a selection of publications on the issue of how to house an ageing population now, and in the future. For the paper, click here.
End of bailiff evictions ban: LGA plan
The Local Government Association has published a six-point plan which it says is needed to protect vulnerable households who could lose their homes after the ending of the ban on bailiff evictions on 31 May, and to tackle homelessness in the...
British Landlords are Getting Younger!
According to property firm Knight Knox, the average age of all British landlords has decreased overall. In 2018, people under 44 accounted for 29% of all landlords. Now, those aged under 40 accounts for 47% of all landlords. These figures show that...
Gov Consults on Code to Spread Faster Broadband into Big Buildings
The UK Government has published a new consultation to help set the terms and code for implementation of the new Telecommunications Infrastructure (Leasehold Property) Act 2021, which aims to make it quicker and cheaper for gigabit broadband ISPs to...
Why Garden Maintenance Is Essential For Rental Properties
Landlords have many responsibilities when caring for rental properties. Some responsibility falls on the tenants, but it is ultimately up to you to provide the basic maintenance necessities for them. What a lot of landlords neglect is that this...
Brighton Councillor warns landlords and letting agents about tenants who ‘run wild’
A councillor has issued a warning to landlords and tenants who allow anti-social tenants to “run wild”. Labour councillor Peter Atkinson, who represents North Portslade, said that he was “extremely concerned” by the growing number of complaints...
Foundation announce cuts to five-year BTL fixed-rate products
Specialist lender, Foundation Home Loans, has announced that it has made a number of rate reductions across its five-year fixed-rate range for landlords and introduced a new 65% LTV Green Reward Remortgage. According to the lender, the changes will...
Landlords Back Potential Capital Gains Tax Extension
Following the news of a report to extend the 30-day payment of Capital Gains Tax to 60 days, landlords are keen to voice their support. The Office of Tax Simplification (OTS) published the proposals on 20 May with considerations to key practical,...
Housing Ombudsman’s first independent review of service complaints
On 2 June 2021 the Housing Ombudsman published the first report of the Ombudsman’s Independent Reviewer of Service Complaints. The report considers a sample of complaints against its service from residents and landlords closed between 1 October...
Discretionary housing payments funding cut
On 6 June 2021 the Guardian reported that the government is cutting DHP funding to local authorities to £140m in 2021/22 (a reduction of 22 per cent). It had increased the funding from £139.5m to £180m in 2020/21 amid the pandemic. The cut brings...
Housing cases in the courts: January to March 2021
On 3 June 2021 the Ministry of Justice published statistics for the volume of civil and judicial review cases dealt with by the courts between 1 January and 31 March 2021. Mortgage and landlord possession claims were down 76 per cent to 7,100. This...
East London Council extends licensing scheme
The landlord licensing register set up in 2016 covering Whitechapel, Spitalfields and parts of Bethnal Green is being extended to 2026 by Tower Hamlets Council. The decision was approved by the mayor and his cabinet this week after public...
Someone has to foot the bill for empty offices
The Economist has published an article on the eventual cost of all the current empty office blocks. It can be seen here.
HMRC tax guidance for landlords
The government has issued revised guidance for landlords on the subject of tax - specifically about rental income and self assessment.In terms of rental income, the guidance leads landlords to a live webinar scheduled Monday June 21st which will...
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Labour would remove Section 21 immediately
In an interview with LBC, Angela Rayner, the Shadow Housing Secretary, answered questions from worried landlords about...
Housing association heavily criticised after tenant takes own life after 18 noise complaints
The Housing Ombudsman has criticised the UK’s largest housing association, Clarion Housing Association, after a tenant...
Help for tenants to become home owners
David Wilson Homes has announced a scheme where a tenant can reserve a home, move in and pay rent for six months. The...
More landlords are paying tax
HMRC have published new data that shows the number of unincorporated landlords in the UK has risen to 2.82 million in...
Which is better, Property or Pension?
Hargreaves Lansdown has written a fact sheet to compare pension and property. They state 'We wrote this factsheet to...
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