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Labour will ban Section 21 on the first day of a new Government
Angela Raynor, Labour’s deputy leader and shadow secretary of state for levelling up, housing and communities, has given a series of interviews, where she says that if Labour wins the next General Election, she will ban Section 21 ‘no-fault’...
Housing Minister sacked because of an inopportune Tweet
Rachael Maclean was Housing Minister for 9 months before being suddenly sacked by the Prime Minister to be replaced by Lee Rowley who became the 7th housing minister since 2020 and the 16th over the last 13 years. Apparently, Ms Maclean was guilty...
Will the proposed leasehold reforms boost property prices?
Michael Gove, the Secretary of State, has been proposing reforms to what he has called an unfair and “outdated feudal system that needs to go”. His original plan was blocked by Number 10, but was in the Kings Speech, promising to give leaseholders...
London Mayor reveals plan to solve London’s housing crisis.
Sadiq Khan has launched a two point plan to help alleviate the current housing crisis in London, with more than 170,000 Londoners currently living in insecure temporary accommodation. he aims to build an additional 10,000 council homes in the...
What does Rishi Sunak’s reshuffle mean for housing?
The National Housing Federation has published a blog entitled 'What does Rishi Sunak’s reshuffle mean for housing?' It can be seen here. It outlines the changes to Government roles: Lee Rowley becomes Housing Minister, to replace a sacked Rachel...
Yet another Housing Minister
Conservative MP Rachel Maclean has been asked to step down from her position as Housing Minister, the 15th person to hold the role since 2010. Lee Rowley has been confirmed as the new housing minister, replacing Rachel Maclean - who earlier posted...
Why not use ISA and pension funding to replace buy-to-let landlords?
Tax Research has posted a blog on 'Why not use ISA and pension funding to replace buy-to-let landlords? The author, Richard Murphy, says ' For a long time, I have suggested that changes to ISA and pension laws could provide more than £100 billion...
Buy-to-let landlord exodus slows – but the damage is already done
Investors Chronicle is running an article on a report from Hamptons, that the surge is reducing, where their data suggests there will be 27,500 net sales this year, down from 47,250 last year, and even lower than the 29,500 in 2021. The article...
Agency calls for reform to stamp duty.
Chestertons Estate Agency has issued a plea to the Chancellor, Jeremy Hunt to include Stamp Duty reform in his Autumn Statement. According to Richard Davies, COO of Chestertons, the government should indtroduce an exemption for those looking to...
The great landlords sell-off continues
The great property sell-off by landlords has continued across Great Britain this year, in particular in Scotland, where the buy-to-let bubble appears to have burst. As the property website Rightmove reported that new seller asking prices dropped by...
Scotland plans to double council tax on second homes
Councils will be allowed to double council tax on second homes under plans that have been laid before the Scottish Parliament, says a BBC report. Could it happen south of the border?
Council uses litter to identify unlicensed HMOs
Coventry Council used existing legislative powers were used to tackle unlicensed HMOs, bins on footpaths, contaminated recycling bins, excess side waste and inadequate bins. In two streets HMOs were identified and visited, and 5 were found to be...
Council tries to woo private landlords
Test Valley Lettings is hosting two open days for new and existing landlords later this month. Its advertising says it offers landlords “ a wide range of tenancy services, customisable to individual needs and always free of charge. With our unique...
HMOs are rarely sold
Research comes from property lender Octane Capital, compiled from data on the levels of HMO stock across different regions of England, shows that owners of London HMOs rarely put them up for sale, meaning investors likely need to convert a...
Evictions up, waiting time up
The Ministry of Justice (MoJ) has just published its statistics for Mortgage and landlord possession : July to September 2023 - see the full report here. Comparing the same quarter (July to Sept) this year to last year, it says: possessions by...
Section 21 Abolition: iHowz and THE Parliamentary Meeting
. In the dynamic landscape of the UK rental sector, the changes regarding the proposed Section 21 Abolition may be about to take a turn. iHowz, our Landlord’s Association, has been collaborating closely for some time with Conservative members from...
Sales subdued; rental up, but not by much – RICS report
RICS has published its latest UK Residential Market Survey, which can be seen here. Previous ones can be seen here. They report that 'For agreed sales, the latest net balance of -25% remains consistent with generally weak activity levels over...
Fresh calls to raise local housing allowance
LocalGov is reporting that Councils across London have added to calls for ministers to raise Local Housing Allowance (LHA) after new research suggested that tens of thousands more could become homeless if the rate remains frozen. See the article...
Ombudsman says (social) landlords are ‘finding their silences’ as complaints rise on damp and mould
The Housing Ombudsman has published a new report stating it 'is sharing lessons from damp and mould casework it has investigated in recent months, two years after it published its Spotlight report, It’s not lifestyle. It is an opportunity for the...
House prices down: rents up says large property company
Real estate group JLL has released its latest forecast the UK housing market. They are predicting outlook for prices in 2023 remains broadly unchanged, the firm forecasts that house prices will fall by 6% nationally in the year to December 2023. In...
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LATEST NEWS
The latest Halifax House Price Index released
The latest Halifax House Price Index released this morning revealed a monthly change of -1% in March. Kim Kinnaird,...
Number of renters in rural areas increased faster than London over the last decade
research conducted by the County Councils Network sheds light on significant shifts in housing patterns, particularly...
Plans Revealed For Former Go Outdoors Site In Chatham To Create 335 Homes
Hasan is reporting that the redevelopment plans for the old Go Outdoors site in Chatham Town Centre promise...
First-time buyers behind half of London property sales
The Telegraph is reporting that the first quarter of 2024 saw a significant milestone for first-time buyers in the UK...
Urban myth disproved that first time buyers have been priced out of the market, partly by landlords.
The latest figures from lettings agency Hamptons suggest that the popular narrative about first-time buyers being...
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