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Portsmouth Council urged to extend HMO controls because of sewage issues
Portsmouth City Council is facing calls for tighter controls on houses in multiple occupation (HMOs) due to concerns about sewage issues and the loss of family homes. Currently, the city operates with a policy where no more than 10% of homes within...
John Lewis in fresh housing row
John Lewis's expansion into property development is facing challenges with its Bromley housing scheme, as concerns from the London Fire Brigade have been raised regarding the placement of smoke vents in the building. The current designs have been...
Balancing Acts: Redefining the Dynamics of Short-Term Lets in the UK
Get ready for a game-changer in short-term lets! Housing Secretary Michael Gove has unveiled plans that will shake up the regulations in the UK. Let's dive into the key points, discovering how these changes will redefine the landscape for...
Portfolio landlords are raising capital for expansion
Nearly four in 10 (37%) portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in 2024, Paragon Bank research has found. The majority of them will fund the purchases by releasing equity from other...
Rightmove reports house prices rising
House prices strengthened in February as mortgage rates continued to fall. According to Rightmove's latest house price index, average new seller prices rose by 0.9% on the month, or 0.1% year-on-year. It is the first time the annual price change...
The Rich Embrace Renting Over Selling
Writing in Landlord Today, Yasmin Ulhaq of Glenfield Property Management opines on 'The Rich Embrace Renting Over Selling', being of the opinion that the decision between renting and buying a residence in London, especially for ultra-high net worth...
Please do not keep on calling section 8 or section 21 notices, ‘Notices to Quit’
Housing Law Week have re-published an article about 'If a landlord needs to evict a tenant, in the vast majority of cases they need to serve a notice first. These are known as possession or eviction notices, and some people refer to them as...
Energy efficiency of UK homes
The House of Commons Library has released a briefing focusing on the United Kingdom's progress in enhancing energy efficiency. The report can be seen here, and highlights several key points regarding the progress and challenges of improving energy...
Help to Buy (equity loan scheme) – data to 31 May 2023
The Department for Levelling Up, Housing and Communities (DLUHC) has released statistics regarding cumulative sales since the launch of the Help to Buy (equity loan) scheme on April 1, 2013. The key points from the release are as follows: Between...
Government’s management of legal aid criticised by National Audit Office
On February 9, 2024, the National Audit Office (NAO) released a report titled "Government’s management of legal aid," which highlights the need for the Ministry of Justice (MoJ) to take additional steps to ensure that legal aid is accessible to all...
Mortgage possession claims in England and Wales increase by 39 per cent
The Ministry of Justice recently released quarterly national statistics on possession claim actions in county courts by mortgage lenders and social and private landlords, covering the period from October to December 2023. The data indicates a...
Paragon offering good rates
Paragon Bank is currently offering landlords reduced rates on its 2-year fixed-rate buy-to-let mortgages, marking its lowest rate in 18 months and reductions of up to 0.35%. Here are the key highlights of their offer: A new 70% loan-to-value (LTV)...
Why the war on landlords will turn up a notch under Labour
The Telegraph has published an opinion piece stating that the landscape for landlords in the UK is facing significant changes and challenges, particularly with potential reforms to the rental sector under consideration by both the Conservative and...
Renters Reform Coalition write to Gove
The Renters Reform Coalition is demanding changes to the Renters (Reform) Bill, expressing concerns that the current measures could still lead to unfair evictions. In a letter addressed to Michael Gove, the organisation is advocating for specific...
Councils may have to cease building control services soon
The government has acknowledged concerns regarding the impending deadline for building control professionals to prove their competence and join the Building Safety Regulator's (BSR) official register by April 6. There are fears that failure to meet...
Landlords should be given tax relief on energy efficiency matters
Heather Powell, Head of Property and a Partner at Blick Rothenberg, suggests that Chancellor Jeremy Hunt should use the upcoming Spring Budget to incentivize buy-to-let landlords to enhance the energy efficiency of their rental properties. Powell...
Report finds that Landlord confidence endures with anticipation of EPC legislation
The latest BVA BDRC Landlord Panel research for Q4 2023 reveals a robust optimism among landlords, with improvements seen across various metrics compared to the previous year. This positive sentiment marks a continuation from Q3, following a period...
Landlords are being punished through no fault of their own
CapX have published an opinion piece in which they say the inability to build sufficient housing is identified as a critical issue in Britain, impacting economic growth, investment attractiveness, and exacerbating depopulation. Moreover, it has...
I’m a landlord who owns 150 properties, and I’m going to buy more
i are reporting on a confident landlord, who intends to increase his portfolio. Anthony Wheatley's journey from renting out washing machines to managing over 150 properties showcases his success and resilience in the buy-to-let market. Despite the...
Social landlord pays out more than £3,000 in compensation over repair failures
One Housing has been compelled to apologize and compensate a distressed resident with £3,375 after they waited for over two years for repairs, as per the latest ruling by the Housing Ombudsman. The watchdog found severe maladministration in One...
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LATEST NEWS
Benefits Britain is refusing to pay rent – and we are footing the bill
The Secret Landlord writing in the Telegraph has highlighted the problem that 'Local councils crumble under...
Ground Rents to be capped at £250
The government is reportedly planning to introduce a cap of £250 per year on ground rents for leaseholders, as part of...
Making Tax Digital – pilot scheme launched
The launch of the pilot scheme for Making Tax Digital (MTD) today (April 22nd 2024) by HMRC marks a significant step...
Is the Chancellor considering a cut in stamp duty?
The potential stamp duty cut being planned by Chancellor Jeremy Hunt, as reported in various newspapers, could have...
Government severely criticised by the Lords over Regulation of Property Agents
The criticism leveled at the government for its failure to act on the Regulation of Property Agents (RoPA)...
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