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Leaders Romans Group Acquires Three Property Businesses
Leaders Romans Group (LRG) has completed the acquisition of three major property businesses: Stirling Ackroyd, Alexander & Co, and Peter Ball. The acquired businesses operate across London, Surrey, Oxfordshire, and Gloucestershire, adding...
Councils in England inspect only half of all mould reports in private rental housing
Budget cuts have resulted in local councils inspecting only about half of all reports of damp and mould they receive regarding the private rented sector (PRS), according to an analysis by The Guardian. In 2021-22, English local authorities...
Housing ombudsman in England calls to re-establish link between housing and health
The Guardian has reported that the housing ombudsman in England, Richard Blakeway, has called for an independent royal commission to "reimagine the future of social housing" and re-establish the link between housing and health. Blakeway, who...
Call for Government to update the Decent Homes Standard
The House of Commons Health and Social Care Committee has published a report calling on the UK government to proceed without delay in updating the Decent Homes Standard for social housing tenants and to set out a timetable for its extension to...
Propertymark Urges Extension of Qualifications for Property Managers
Propertymark, a UK professional body for property experts, has called on the government to extend qualifications applicable to property managers in the social rented sector to those in the private rented sector. The article can be read here and...
The five golden rules of taking in a lodger
The Telegraph has run an article on what you need to consider before renting out a room in your house. Whilst meant for resident landlords, many apply to a standard let as well. The article can be read here (subscription may be necessary) and...
Top Landlord Worries for 2024 and Expert Guidance
A new survey by digital mortgage lender Molo reveals the top worries for UK landlords in 2024, with a focus on rising costs and the impact of the cost of living crisis. Here are the top five landlord worries and expert guidance on handling them:...
Proposed Amendments to Renters’ Reform Bill Gain Support for Landlord Protection
Several proposed amendments to the Renters' (Reform) Bill, aimed at providing more protection for private rented sector (PRS) landlords, have gained the support of Neil Cobbold, Managing Director of PayProp UK. Cobbold emphasizes the need for the...
How to add value to your luxury property
Arbuthnot Latham have put together their advice for luxury property owners, offering you a set of expert financial strategies designed to elevate its value and appeal. In an ever-evolving market, where the intersection of finance and real estate is...
Financial strain and abolition of Section 21 are driving landlords out of the PRS
In an interview with Property118, Gina Peters, the head of landlord and tenant at law firm Dutton Gregory, says many landlords of all ages are leaving the market due to various factors, including the impending abolition of Section 21. The article...
UK Right to Rent Fines: Understanding Increased Penalties and Regulations
Navigating UK Rental Compliance: Right to Rent Rules Explained In the UK, the Right to Rent rules require landlords to check the immigration status of their tenants before renting out a property. Landlords must ensure that prospective tenants have...
Average rental yields jump to almost 7% in England and Wales
Eleanor Harvey has published an article in the BuyAssociation starting 'Three areas in particular have seen rental yields surge – Wales, the north west and Yorkshire and the Humber – pushing up the average for buy-to-let landlords.' You can access...
MPs urge tighter housing condition controls
MPs on the all-party Health and Social Care Committee are urging the government to take urgent action to protect tenants living in poor-quality private rented homes. The committee's report calls on the government to update the Decent Homes...
House prices up
The average homeowner in England and Wales who sold up last year made around GBP100,000 more than the amount they had originally paid for their property, according to analysis. Estate agent Hamptons, which carried out the research, looked at...
London rents fall for two consecutive months
Spare Room are reporting that London rents fell for two consecutive months for the first time since February 2021. The article can be read here, and in summary they are reporting that London rents fell for two consecutive months in November and...
Economist Calls for Abolition of Stamp Duty for Landlords
Paul Johnson, a director of the Institute of Fiscal Studies and visiting economics professor at University College London, has advocated for the abolition of stamp duty for private landlords in the UK. In an op-ed, Johnson highlights the additional...
DWP confirms cash limits for claiming Universal Credit, ESA, JSA and other benefits
The Department for Work and Pensions (DWP) in the UK has confirmed the capital limits applicable to several state benefits. This comes ahead of new powers aimed at monitoring claimants' bank accounts. Under the new measures, Britain's top 15 banks...
Local Housing Allowance £800 boost for 1.6 million renters
The UK government has announced an increase in Local Housing Allowance (LHA), benefiting more than one million renters with an average cash boost of £800 a year. The LHA boost, effective from April, is expected to make 1.6 million private renters...
Labour Pushes for Regulation of Property Agents Through Bill Amendment
The UK Labour Party is seeking to introduce regulations for lettings, estate, and buying agents through an amendment to the Leasehold and Freehold Reform Bill. The amendment, proposed by shadow housing minister Matthew Pennycook, aims to implement...
Data Shows Decrease in New Build
Recent data from UK conveyancing solicitors, Bird & Co, shows a decrease in interest in new build properties for three consecutive years. The statistics reveal a decline in the percentage of people buying new builds compared to old builds in...
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LATEST NEWS
Research shows rents up
The rental sector is facing significant challenges as average rent arrears claims have reached a record high,...
UK rents reach record high
The latest data from the Office for National Statistics (ONS) reveals significant increases in renting costs across...
Council forces private landlords to inspect every 4 months, but have not inspected their own for 8 years
The disparity between the stringent requirements imposed on private landlords and the lack of inspections on...
Winkworth Results
Leading London estate agent, Winkworth, with branches across southern England, recently published their accounts for...
MPs call for tax relief for EPC upgrades.
Conservative MPs from the Conservative Environment Network (CEN) are urging the government to provide tax relief to...
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