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UK House Price Index summary: February 2021
UK house prices increased by 8.6 per cent in the year to February 2021, up from 8.0 per cent in January 2021.
A Year Like No Other: Centrepoint report
Centrepoint has published a new report – A Year Like No Other – which reflects on the impact of the last year on vulnerable young people, looking at youth unemployment
What is affordable housing? Commons briefing paper
The House of Commons Library published a briefing paper considering how affordable housing is defined in England and looking at key trends in the affordability of different tenure types
Kent teen left to live in tent during Covid crisis: Ombudsman report
The Local Government and Social Care Ombudsman reported that a Kent teenager was left to sofa surf and live in a tent for almost two months by Medway Council during
Over 350,000 households in arrears
On 21 April 2021 the MHCLG published findings from Wave 2 of the Household Resilience Study for November to December 2020. In respect of private renting study shows that during the period:
Landlord has spent more than a year trying to evict an overdue tenant
A well-known landlord and star of Channel 4’s Secret Millionaire has spent more than a year trying to evict a tenant from his £2.5million home.
Surge in boiler breakdowns
Hometree – a UK-wide boiler, heating and home cover specialist – has reported a 12% increase in year-on-year boiler breakdowns from landlords, tenants and owners over the winter.
The most common complaints were
Things might get worse for commercial landlords
‘a tsunami of corporate failures could be on the horizon. The number of businesses in significant financial distress jumped by almost 100,000 to 723,000 during the first quarter according to Begbies Traynor, the highest increase in seven years.’
Commercial landlord successful in regaining rent arrears
AEW UK REIT as announced the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent. AEW UK REIT has announced the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent. It is understood the two companies are Sports Direct and Mecca. The court ruled in the company’s favour and ordered that rent due for the periods claimed must be paid.
It is understood the two companies are
New guide for first time landlords
ARLA Propertymark, the letting agents’ main trade body, has prepared a ‘top tips’ guide for first time landlords.
Number of Section 21’s fall
The number of households threatened with homelessness after their landlord served them a so-called “no fault” eviction notice has fallen by around half in a year, figures show.
Right to Rent Checks returning to normal soon
The temporary adjustments to the right to rent check introduced on 30 March 2020, due to COVID-19, are ending.
11 materials, products and services in most short supply
Construction News are reporting on the current problem of material shortage in the building industry
New 95% mortgages come on stream
A new government-backed mortgage scheme to help people with only 5% deposits get on to the housing ladder is available to lenders from 19 April 2021.
Rise in Green mortgages
Three in every five landlords are now interested in green mortgages, according to Mortgages for Business.
Don’t reject tenants on benefits
The head of an agency is urging landlords to “embrace” tenants on housing benefits, instead of seeking to avoid them.
Many landlords accept blanket ban on pets
The Model Tenancy Agreement (MTA) is the government’s recommended legal template for landlords to use with tenants.
Labour Mayor wants Landlord Charter
Greater Manchester’s Labour Mayor, Andy Burnham, wants to introduce a £1.5m Good Landlord Charter.
Landlord pursued over termination fee by insolvency company
Homepoint – with branches in Wolverhampton, Stourbridge, Walsall and Birmingham – is being put into liquidation.
Landlord fined more than £50k
A property company and its sole director landlord have been convicted and ordered to pay more than £50,000 in fines and legal costs.
Francis Investments (East Anglia) Limited, based in Ipswich, and the company’s sole director and owner of the property, Ralph Bernard, were both convicted on 10 charges.
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