NEWS
iHowz is constantly delivering the latest news and information on anything to do with landlord and tenant legislation.
2024 Budget – Initial Reaction from iHowz
2024 Budget: Unveiling Missed Opportunities in Addressing Critical Housing Needs within the PRS In response to today's 2024 Budget speech, iHowz offers an initial analysis of its implications for the Private Rental Sector (PRS). Within the realm of the budget, a...
Foxtons: London Lettings Market Remains “Red Hot”
According to new data from Foxtons, the London lettings market is showing resilience with a 25% month-on-month increase in new applicant registrations. This surge in demand, along with a material improvement in supply, has created a highly...
UK Rent Arrears Fall, But Challenges Remain
New research from Reposit indicates a positive trend in the UK rental market, with the value of rent arrears falling by 12% in the second quarter of this year to an average of £1,861. This also represents a significant 20% drop from the first...
Housing and Rental Market Update
According to the Office for National Statistics (ONS), the average UK home price rose by 3.7% year-on-year in June, reaching £269,000. This is an increase from the 2.7% rise seen in May. Regional Breakdown: England saw prices climb 3.3% to...
London’s John Lewis Housing Plans Spark “Bland and Boring” Backlash
John Lewis's proposals to build rental flats in Reading are facing opposition from local heritage campaigners. The campaigners have criticized the designs for the new housing development, which is set to replace a vacant warehouse, as "bland and...
Unlocking Untapped Potential: Second Homeowners Consider Letting Properties
A new survey by Sykes Holiday Cottages reveals a significant shift among second homeowners in England who currently do not rent out their properties. Faced with rising costs, new tax rules, and council tax surcharges, 71% of these owners are now...
Rent Crisis: Rents Out of Control, Says Academic
Professor Richard Murphy, an accounting academic and economic justice campaigner, warns that UK rents are "out of control" and accuses landlords of "extracting wealth from the poor to enrich the rich." Citing data from the Office for National...
A National Flashpoint: The Planning Problem with Asylum Accommodation – will HMOs be used?
A recent High Court injunction in Epping, which blocked the use of a hotel to house asylum seekers based on a technicality of planning regulations, has brought a critical issue to the forefront of national policy. The decision highlights a growing...
Investing for Retirement: Is Property Still King?
A new report from Standard Life and analysis by wealth manager Netwealth suggest a significant shift in how younger generations are planning for retirement. While older generations have often viewed retirement planning as an "either/or" choice...
The State of England’s Housing: A Look at Nationwide’s Report
According to a new report from Nationwide, England's total housing stock has grown by 2.1 million dwellings over the last decade, reaching 25.4 million in 2023. This 9% increase slightly outpaced the population growth of 7% over the same period....
London’s housing solution: student accommodation boom
According to new research from national planning and development consultancy Lichfields, London has approved more than 26,000 new student bedrooms since 2021. This recent surge in planning approvals, particularly during 2024 and the first quarter...
Former Cabinet Minister Warns Against “Mullet Hairstyle” Rent Controls
A long-standing Conservative Party figure has issued a strong warning against the reintroduction of rent controls, branding them “the mullet hairstyle of policies – both very bad and back in fashion.” David Gauke – former MP for Hertfordshire,...
Lambeth Moves to Curb HMOs with New Planning Restrictions
Lambeth Council in south London is pressing ahead with new planning controls to restrict the number of smaller Houses in Multiple Occupation (HMOs), despite only limited feedback from residents during consultation. The authority says concerns were...
Generation Rent Targets Build-to-Rent – But Industry Pushes Back
Generation Rent, long critical of buy-to-let landlords, is now raising red flags about the rising Build-to-Rent (BTR) sector in London. From their analysis, deputy chief executive Dan Wilson Craw warns that while BTR was marketed as a professional...
Hackney’s Licensing Fee Backlash
Hackney Council is consulting on two new five-year licensing schemes for the private rented sector (PRS) from early 2026 – but proposals to set licence fees at £925 per property have provoked a major row. The schemes include: Borough-wide...
Stamp Duty may be replaced
The Guardian is reporting that Stamp Duty might be replaced by a potential national property tax. In summary: Proposal: The Treasury is reportedly considering a new national tax on the sale of homes worth more than £500,000. Purpose: The tax is...
Claim there is no mass exodus of landlords across England
Analysis of Zoopla data from Benham and Reeves suggests that the anticipated "landlord exodus" from the UK rental market has not occurred. Contrary to fears that the Renters' Rights Bill would cause a significant reduction in rental property...
Casual Landlords Exit as Buy-to-Let Mortgage Approvals Halve
The era of the “hobby landlord” is fast disappearing, as new figures highlight a dramatic fall in buy-to-let mortgage approvals. UK Finance data shows approvals dropped from 25,280 in Q4 2022 to just 12,422 in Q1 2024—a 53% decline in barely a...
Landlord Purchases Fall as Market Waits for the RRB
UK landlords bought 85,000 fewer properties in the past year, with just 6% of Britain’s estimated 2.84 million landlords expanding their portfolios—down from 9% in early 2024. The slowdown, revealed in new analysis by Dwelly using HMRC and The...
Buy-to-Let Repossessions Up 11% – But Arrears Trend Eases
Buy-to-let mortgage repossessions have risen 11% year-on-year, according to Moneyfacts, in what finance experts warn is a sign of squeezed landlord margins and market volatility. Rising Repossessions a Warning Signal Rachel Springall, finance...
Skills Gap Threatens Housing Targets, HBF Warns
The government risks missing its housing targets unless more support is directed into home-building careers, according to new analysis by the Home Builders Federation (HBF). While some 100,000 students are typically enrolled on Further Education...
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LATEST NEWS
Rents still rising
According to recent research by the TDS Charitable Foundation, more than a third of landlords in England who raised...
Now easier to find an electrician to do an EICR
The NICEIC (National Inspection Council for Electrical Installation Contracting) has enhanced its filters and search...
Will the Government achieve its energy plans?
The government’s revived plan to mandate all private rented homes in the UK achieve an EPC (Energy Performance...
Rent controls would force many to sell
Recent research conducted by Pegasus Insight highlights significant challenges in the private rental sector,...
Landlord has several rental properties seized
Merton Council in south London has seized several rental properties from a landlord who persistently failed to license...
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