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Furnished holiday letting in the time of Covid
As the further easing of lockdown restrictions enables the re-opening of the accommodation sector, Chris Williams from AccountingWeb summarises the key conditions surrounding furnished holiday letting (FHL). The article can be seen here, and you...
Fewer homes bought by landlords has pushed up rents; survey finds
Punitive tax changes have meant that landlords have bought a quarter of a million fewer homes in the past five years. Since April 2016, landlords have bought around 700,000 homes across Britain. This is 250,000 - or 26 per cent - fewer than they...
Is the tide turning for the lettings industry?
Graham Norwood has just published an article where he is confident of the future for the PRS. It can be seen here.
Do Commercial to Residential conversions work?
The property industry has seen some change over this past year. Covid-19 has restricted our movements and, for many of us, hampered the plans we had in store for any investments
Tenant used terror attack against landlord
A former tenant who tried two frame his landlord’s partner as being involved in the Westminster terrorist attack has been convicted of perverting the course of justice - but he is now on the run. Gerald Banyard, 67 and from Lancashire, sent two...
Are HMOs a good option for first-time landlords?
Moneyfacts.co.uk have just published an article pointing out the advantages and disadvantages of running an HMO, especially for a new landlord. The article can be seen here.
Successful landlords always considering several things at a time
'Mortgage Introducer' have just published an article on all the factors a landlord must consider at any one time. They go on to say 'The sector really is something of a phenomenon and as we emerge from the most turbulent 12 months in recent...
The changing laws of the rental property sector
'New on the Block' has just published an article on the changes seen by landlords in the past 12 months. It can be seen here, and starts:- Constant changing laws have always been something landlords and tenants alike have had to keep on top of in...
Lockdown causes increase in cannabis farms in rented properties
The latest data from regional police forces has confirmed the extent of drug manufacturing and cultivation in the UK and reveals that suspected cases saw a sharp rise during lockdown. Figures show that there were 1,427 suspected cases of illegal...
Notice periods for renters
On 12 May 2021 the MHCLG announced that notice periods – previously extended to six months as an emergency measure during the pandemic – will be set at four months from 1 June. Subject to the public health advice and progress with the Roadmap,...
Housing Minister amends eviction rules
The government has announced plans to wind down the evictions ban, offering light at the end of the tunnel for the thousands of landlords waiting to evict tenants.
Right to Rent Checks extended
The Government has issued a new directive on using the Right to Rent Checks. It can be seen here. Changes to right to rent checks, introduced in response to the Covid-19 pandemic will remain in place until June 21st 2021 Emergency measures,...
Queens Speech: Rental Reforms this year
The government has confirmed that reform of the private rental sector will be a priority for the coming session of Parliament.
Guidance for landlords on preparing buy to lets for summer
Guidance for landlords on preparing buy to lets for summer
Council set to pay deposits to landlords
Residents on low incomes could get their property deposit paid by Stafford Borough Council as part of plans to make it easier to secure private rented housing.
400,000 private tenants in danger of rent arrears
A recent report by the LSE states ‘ Over 400,000 private tenants may be in significant rent arrears by the end of 2021 says a new report by the research group LSE London, funded by Trust for London and LSE. Almost all of these tenants could be at risk of eviction if, as is expected, the government slowly begins to lift its suspension on eviction proceedings from 1 June.’
Huge shift in renters: Spare Room report
Under the title ‘What’s happened to the rental market in 2021 so far…’ SpareRoom have analysed data from over 450,000 room ads to see what’s changed in the first quarter of the year
Sales decrease through lack of vendors
New vendor and landlord enquiries to estate agents fell significantly in the past week raising concerns a tightening market is adding to an already pressing supply crunch
HMRC hands out £1.3m in late filing penalties for CGT
HMRC has issued late filing penalties totalling £1,311,300 since the introduction of the new 30-day tax window for capital gains payment (CGT) in April 2020
Tenant discriminated against for receiving benefits
All agents should understand the implications of this case and realise it is unlawful to reject anyone who is in receipt of Universal Credit.
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LATEST NEWS
Jeremy Hunt considering inheritance tax cut in Autumn Statement
The Telegraph is reporting that Jeremy Hunt is considering an inheritance tax cut in the Autumn Statement, following...
Landlords pay off millions in mortgage debt to slash interest bills
The Telegraph is reporting that 'Over the past nine months, buy-to-let investors have paid down around £363m of...
Propertymark publishes its suggestions for the Autumn statement
ARLA/Propertymark has published an economic and fiscal forecast, and suggests for the Autumn statement: Reform of the...
Kent Council announces plans to build on Green Belt
Sevenoaks Council has announced it's redrafting its Local Plan, its previous one was rejected by the government’s...
Confusion for landlords, claims AIIC boss
Daniel Evans, Chair of the Association of Independent Inventory Clerks, is of the opinion that the lack of certainty...
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