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The UK government is about to make some disabled benefits claimants even poorer
The Guardian is reporting on potential problems this winter for disabled people as the next round of low-income payments start to go out this week, that separate disability payment has been quietly scrapped. The full article can be seen here. As...
Renters Reform Bill threatens student lettings
Housing Hand, a rent guarantor service says the recent Second Reading of the Renters Reform Bill has intensified scrutiny on the challenges faced by student renters. They have confirmed that the accommodation challenges have been worsening. Graham...
UK tenant legislation threatens higher student rents
The Financial Times has published an article warning of uncertainty around the renters reform bill leave landlords facing a higher risk of vacant periods, leading to higher rents. The article can be seen here (subscription may ne necessary)...
Mortgage approvals decline as house prices fall in much of UK
UK mortgage approvals saw a decline in September, hitting their lowest level since January, according to data from the Bank of England. Net mortgage approvals for house purchases dropped to 43,300 from August’s figure of 45,400, falling short of...
Do your tenants know how to change all their clocks
Now that the clocks have been put back an hour, do you tenants know how to change all their clocks. eSpares has produced a handy guide for this, which can be seen here.
Renters Reform Bill passes second reading without a vote
The Renters Reform Bill (RRB) was debated in the Commons last Monday (Oct 23rd). There has been a long delay between the first reading, and this, the second reading. There was much passion from both sides of the house. If you wish to see the whole...
Plan to make all new houses freehold properties
Last January, The Times reported that Michael Gove, the levelling-up secretary, intended to abolish the leasehold system, describing it as an unfair and “outdated feudal system that needs to go”. The Times is now reporting that, after a row with...
Council Tax on single rooms to be stopped
Following pressure from several landlord groups, including iHowz, the Government conducted a consulation on the practice some Councils have of re-banding individual rooms in an HMO as Council Tax Band A. The Government has just updated its...
government confirm no rent controls in England
In a letter from Housing Secretary Michael Gove to the all-party Select Committee on Housing, Gove rejects a call for Valuation Office Agency data to be made public so some form of assessment could be made as to what constitutes “a justified rent...
Landlords should allow tenants to sub-let rooms: Airbnb
Airbnb has released a statement stating that according a recent study many tenants are experiencing substantial cost of living rises, and Airbnb call for tenants to have the right to sublet part of their property. They say in their statement: “Very...
Jeremy Hunt considering inheritance tax cut in Autumn Statement
The Telegraph is reporting that Jeremy Hunt is considering an inheritance tax cut in the Autumn Statement, following positive projections about the state of the nation’s finances. It can be seen here (subscription may be necessary) and goes on to...
Landlords pay off millions in mortgage debt to slash interest bills
The Telegraph is reporting that 'Over the past nine months, buy-to-let investors have paid down around £363m of mortgage balances, new analysis shows, as they try to minimise the impact of higher borrowing costs.' The article can be seen here...
Propertymark publishes its suggestions for the Autumn statement
ARLA/Propertymark has published an economic and fiscal forecast, and suggests for the Autumn statement: Reform of the benefits system: Propertymark believes that the UK Government should use the upcoming Autumn Statement to alleviate the cost of...
Kent Council announces plans to build on Green Belt
Sevenoaks Council has announced it's redrafting its Local Plan, its previous one was rejected by the government’s Planning Inspectorate. In it they propose thousands of potential homes could be built on green belt land. A report to be heard at the...
Confusion for landlords, claims AIIC boss
Daniel Evans, Chair of the Association of Independent Inventory Clerks, is of the opinion that the lack of certainty over Government plans for the PRS, has lead to confusion in the industry. He says there aren’t enough available homes to satisfy...
Council sets up own lettings agency
Gravesham council has more than 200 households in expensive temporary accommodation, leading to them setting up GBC Lettings to work with private sector landlords in Gravesham to find homes for those who need them. A council spokesperson says:...
Do you need a licence in Ilford?
Ilford council has created an interactive map on its website for landlords to check if they require a licence. A statement from the council says: “Remember, it’s important to get a property licence, for those with an existing licence, it is...
New laws to speed up planning, build homes and level up
The Government has announced that The Levelling-up and Regeneration Bill becomes law from 26 October 2023. The announcement can be seen here. A summary from the LGA can be seen here, stating The Levelling-up and Regeneration Bill (LURB) is best...
UKs build to rent could double in next 5 years – analysis states
Knight Frank research found that the build to rent (BTR) sector had doubled in the period 209 to 2023, going from £35bn to £71bn. It predicts another doubling to £126bn by 2028. Guy Stebbings, head of operational build to rent at Knight Frank,...
Law Society wants more Legal Aid for tenants if evicted
The Law Society warns tenants on low incomes will be unable to afford legal advice if they face eviction. The association is urging the government to invest in the legal aid system and the courts. Law Society president, Nick Emmerson, said: “We...
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LATEST NEWS
A south coast council to clampdown on HMOs
Eastbourne council is preparing to take action against Houses in Multiple Occupation (HMOs) following a report that...
Tax Man does a U turn
HM Revenue and Customs (HMRC) has swiftly reversed its decision to close its self-assessment telephone helpline for...
Landlords could be banned from raising rent under radical SNP crackdown
The Telegraph has run an article stating that the Scottish Government, led by Humza Yousaf's SNP-Green coalition, has...
Gove having big problems with his Leasehold Bill
Michael Gove's promises to reform the leasehold system appear to be facing significant challenges, with criticisms...
Government takes action against large landlord regarding cladding issues
Michael Gove, the UK government minister, has initiated legal action to compel the landlord of a Canary Wharf...
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