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Section 21 Notice: The Unintended Consequences of Losing
On Feb 02, 2022, The Government announced its long-awaited Levelling Up White Paper that included news of the intention to abolish the Section 21 Notice. If this happens iHowz believes that there will be serious, if unintended, consequences to...
Many homes still lie empty
Research from property purchasing firm House Buyer Bureau, shows that 676,000 homes in England are sitting empty. Liverpool has the highest proportion of rental stock that’s lying vacant, with 10,769 vacant dwellings out of 229,863, amounting to...
HMRC issues warning about Landlord tax schemes
HMRC has published its concerns about hybrid business models used by some landlords. The publication can be seen here. If you believe you have set up a scheme described below, we recommend you get urgent independent advice on this matter. Note...
Could new international credit history for credit card applications help international tenants?
HSBC has become the first UK bank to offer newcomers to the country the chance to utilise their international credit history when applying for a credit card. When you move country, the credit history and positive credit score you've built up over...
The hardest place to have a planning application passed in the country has been revealed
New research by GetAgent has revealed that planning permission is actually the hardest to gain in six London areas - and the easiest in rural areas including Cumbria, North Yorkshire and Devon. Topping the most difficult list is Barking and...
Government rejects calls for specialist Housing Courts.
Housing minister Rachel Maclean has clarified that the proposal for a housing court dedicated to landlords to expedite the eviction process is no longer being considered. The confirmation was made during a fringe meeting at the Conservative Party...
Gove pledge on the Renters Reform Bill
Speaking at a Centre for Policy Studies fringe meeting, Housing Secretary Michael Gove said speculation that some Tory backbenchers opposed the Bill did not reflect the government’s thinking. The Bill will go ahead, he said. A statement he...
RICS launches their election manifesto
The Royal Institution of Chartered Surveyors (RICS) is launching its manifesto for the built environment in the lead-up to the next UK General Election, titled Empowering a Sustainable Future. It can be seen here having a stamp duty holiday for...
New How to Rent Guide issued
The new How to Rent Guide has been issued today (Monday October 2nd 2023). It can be seen here. The latest update is the second in 2023 and today’s revision will include reference to the controversial Housing Loss Prevention Advice Service, which...
Top 10 areas with best yield revealed
Confused.com has analysed the average rental income by the average house price of different areas in the UK to reveal the areas with the highest rental yield. Areas in the UK with the greatest rental yield: Rank Local authority Average rental...
A political party manifesto for the PRS: What landlords DON’T want from politicians
Using Property118, the Landlord Crusader has published a blog offering the political parties what landlords DON’T want. The blog can be seen here, and discusses: the loons of the (ill)Liberal (un)Democrats with a rash of barmy ideas the...
Leasehold and commonhold reform
The House of Commons Library has published a paper considering trends in leasehold ownership, ongoing problems associated with the sector, and Government plans for future legislation. For the paper, click here.
House price statistics for England and Wales: year ending March 2023
The Office for National Statistics has published data on house prices and the number of transactions for property sales in England and Wales, on an annual basis. The data show: Median house price for residential properties was £290,000 in...
Index of Private Housing Rental Prices: August 2023
The Office for National Statistics has published a price index tracking the prices paid for renting property from private landlords in the UK. The index shows: Private rental prices paid by tenants in the UK rose by 5.5 per cent in the 12...
Mortgage arrears and repossessions in England
The House of Commons Library published an overview of current and past approaches to helping homeowners with mortgage debt, including information on trends in arrears and repossessions. For the paper, click here.
House price statistics for England and Wales: year ending March 2023
The Office for National Statistics has published data on house prices and the number of transactions for property sales in England and Wales, on an annual basis. The data show: Median house price for residential properties was £290,000 in England...
‘Net zero’ and renting
The National Housing Federation has announced that it had written open letters to both the Chancellor, Jeremy Hunt, and the Secretary of State for the Department for Energy Security and Net Zero, Claire Countinho, to urge them to recommit to the...
Lib Dems want landlord licensing and rent controls
Whilst the Lib Dems party leader Sir Ed Davey made no mention of the party’s plans for the PRS in his speech on the final day of the conference, they did issue a policy paper ‘Tackling the Housing Crisis’ before their conference. In their policy...
Legal aid support for tenants
The Law Society Gazette has reported that the Law Society has warned the Ministry of Justice that its decision not to distribute physical copies of a leaflet promoting new legal aid support for tenants at risk of losing their home could undermine...
‘Government won’t meet target to end rough sleeping by 2024’
The Kerslake Commission, established by its former Chair, Lord Bob Kerslake, has published its latest report which makes clear that the Government will not meet its goal to end rough sleeping by 2024. It states that at the heart of rough...
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LATEST NEWS
Resoluton comments on UK Housing Stock
The UK’s “expensive, cramped and ageing” housing stock fares poorly compared with other advanced countries, analysis...
Do you earn between £100,000 and £125,140
Are you aware that anyone earning between £100,000 and £125,140 will into the 60% tax trap? This is due to the impact...
Should you sell?
A recent article outlines a concerning trend for landlords in the UK and suggests that the government may be moving...
Rent caps don’t work
There have been significant rent increases in Scotland, particularly in Edinburgh and Glasgow, which are attributable...
Update on Oxford licensing
The Oxford city-wide selective licensing scheme, implemented in September 2022, requires all private rented homes in...
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