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Covid: Ministers urged to help tenants and landlords with rent arrears
The government should provide financial help to tenants and landlords in England dealing with rent arrears built up as a result of Covid, MPs have said. The housing committee warned that ministers are in danger of breaking their pledge that nobody...
Evictions specialist warns of “court avalanche” when evictions ban ends
Paul Shamplina, founder of Landlord Action, warns that county courts are facing an ‘eviction avalanche’ when the ban on bailiff-led evictions comes to an end on 31 May. According to Shamplina, with the exception of last year, the number of...
Potential Three-Year Tenancies Proposed by Council
A council enquiry is currently proposing new landlord licensing schemes in one country in England, including a three-year tenancy. So what could this mean for property investors, property developers and landlords? An inquiry into the private rental...
Confidence grows in BTL as landlords take out larger loans
Despite having a rough ride over the last few years in terms of tax measures imposed on them, it seems that confidence among UK landlords is growing, with the latest data revealing that they're putting their money where their mouth is.Mortgage...
Councils use computers to find low EPC properties for £5,000 fine
Threatening fines of up to £5,000 for any rental property with an EPC lower than Band E, councils are now using artificial intelligence to pull together all manner of records and information to cross-correlate properties on the EPC register with...
Green Homes Grant scheme to insulate houses axed
A much-promoted grants scheme to help householders in England insulate their home is to be scrapped within days. The Green Homes Grant (GHG) reached just 10% of the 600,000 homes the chancellor promised would be improved. The scheme will be stopped...
Government Legislating to Rule Out COVID-19 Related MCC Business Rate Appeals
Retail, hospitality and leisure businesses have not been paying any rates during the pandemic, as part of a 15 month-long relief which runs to the end of June this year. Many of those ineligible for reliefs have been appealing for discounts on...
Town Hall pushes landlord licensing scheme
Hackney Town Hall is working to “bring on side” landlords who are yet to join its licensing scheme, designed to drive up standards for the borough’s private renters. Around 45 per cent of eligible properties are still not signed up as the project...
Letting agents warned to brace for upheaval when eviction bans ends
Letting agents are to face a wave of re-possessions and abandoned tenancies when the evictions ban ends on 31st May, landlords have warned. Some 840,000 tenants are now behind with their rent, many of whom are so hopelessly in debt that there is...
April 1 could be no joke for landlords
Mortgage Strategy have published an article on what April 1st holds for landlords. It can be seen here, and says:- Nobody knows why we celebrate April Fools on 1 April or why, for one morning each year, it’s acceptable for us to play pranks on each...
UK property prices increase; or have they?
UK house prices UK house prices increased by 7.5% in the year to January 2021, down from 8.0% in December 2020. On a non-seasonally adjusted basis, average house prices in the UK decreased by 0.5% between December 2020 and January 2021, compared...
Preparing for A Summer of Property Buying Activity
Property Notify has published an article by Alpa Bhakta, the CEO of Butterfield Mortgages Limited on the likelihood of a Summer Buying spree. It can be seen here.
Landlord fined for letting family live without heating, hot water and working toilet
A landlord has been fined £5,000 for letting his tenants live in ‘disgraceful conditions’. Dharminder Singh Dale forced a young family renting a house in Walsall, West Midlands, to go without heating, hot water or a working toilet, Birmingham Live...
Landlords Warned Tax Change Could Have Shocking Impact
After the Government’s ‘Tax Day’ on Tuesday 23rd March, Landlords have been warned that there may be a surprising change buried in the announcements relating to the Making Tax Digital programme. For the most part, the announcements made on ‘Tax...
Clock ticks for electrical checks warns charity
Leading safety charity, Electrical Safety First, is reminding England’s private landlords of their new obligations around electrical safety in their properties. The Electrical Safety Standards in the Private Rented Sector (England) Regulations...
COVID-19 and renting: guidance for landlords, tenants and local authorities
The Government have updated their guidance for landlords; tenants and local authorities stating:- Non-statutory guidance for landlords, tenants and local authorities in the private and social rented sectors in the context of Coronavirus (COVID-19)....
Landlord Insurance Market to Witness Massive Growth
Latest Report Available at Advance Market Analytics, “Landlord Insurance Market” provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth. The global...
50,000 Homes Upgraded with £562 Million Government Cash Boost
From this week, the homes of 50,000 households will be upgraded with green improvements from a £562 million fund, reducing carbon emissions and supporting thousands of green jobs across the country, the UK government announced today (23 March...
Guide to BTL remortgaging in 2021: The impact of coronavirus
Mortgage Introducer have published an article on re-mortgaging after Coronavirus. It can be seen here.
Councils Given Power to Build More Homes for First Time Buyers and for Social Rent
Councils in England will have more freedom on how they spend the money from homes sold through Right to Buy (the sale of a council house), to help them build the homes needed in their communities, under reforms announced by Housing Secretary Rt Hon...
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LATEST NEWS
Government considers help for first-time buyers
The BBC is reporting that the government is considering extending its mortgage guarantee scheme as part of measures to...
HMRC hold webinars for new landlords
HM Revenue and Custoims is running a series of webinars aimed primarily at those new to earning income from property...
Are private landlords being ripped off by letting agent fees?
The Sunday Times has run an article on letting agent fees. It can be seen here (subscription may be necessary)...
Renters Reform Bill Summary
The House of Commons Library has published a summary of the Renters Reform Bill Summary. A summary can be seen here,...
Section 21 – to be delayed
Commons Housing Select Committee which submitted a report to the Government on its concerns on part of the Renters...
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