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Over £200,000 of fines have been issued to unlicensed HMOs
Haringey landlords across the borough who have failed to licence their houses in multiple occupation (HMO) have been issued with fines amounting to £207,500. To date, 59 warnings have been given to landlords who have rented out their unlicensed HMO...
Germany plans three-year rent freeze for tenants
Olaf Scholz is considering imposing a three-year rent freeze on Germany’s landlords as his ruling Social Democratic party attempts to ease the strain of the cost of living crisis on tenants. Landlords could be forced to repay rents deemed...
UK scraps some water pollution rules to boost homebuilding
Britain said on Tuesday it would remove some European Union rules it had retained post-Brexit that were meant to curb water pollution, to enable thousands of new homes to be built, a move environmentalists said would further spoil dirty rivers. The...
Tenant activist groups and the law of unintended consequences
Property118 have published a blog looking at some of the comments made by Shelter and Crisis, and questions their validity. The blog can be seen here, and asks how Shelter can state that '51% of tenants are ‘one pay cheque’ away from homelessness,...
Is the name “Landlord” now derogatory?
A new survey by Mortgages for Business (MFB) reveals that landlords have had enough of being called ‘landlords’ and its managing director, Gavin Richardson, said: “Sections of the media have vilified the buy to let community. “The government has...
Will Labour learn to love landlords?
In a blog, Harry Phibbs, the Local Government Editor of Conservative Home questions states that ' socialists have been keen on smashing in recent years are the landlords. As they are an unpopular group – especially the “fat cat” buy-to-let...
Is a ‘compliance fee’ charged by a letting agent consistent with the agent’s fiduciary duty?
Landlord Law has published a blog where a landlord has asked about a ‘compliance fee’ charged by his letting agent. This is on top, apparently, to the 12% commission he already pays. The blog can be seen here, and examines the legality of this...
Solicitor warn agent and landlords ‘face eviction delays and bigger bills’
Sim Sekhon, MD of LegalforLandlords, warns that backlogs in the courts will get worse because a new government service to help potentially homeless tenants will mean delays and added cost for landlords. The Housing Loss Prevention Advice Service...
Are landlord families at risk of overpaying Inheritance Tax?
Landlord Today is reporting that a wealth management organisation has raised the spectre that some families may end up overpaying inheritance tax. The article can be seen here, and goes to suggest some ways of mitigating this possibilty.
Mortgage Companies asked not to evict tenants when landlord defaults
Generation Rent has written the following open letter to mortgage firm chief executives asking for special dispensation for private rental tenants: Dear CEO, Given the rising numbers of repossessions of landlords by mortgage lenders, I am writing...
Portsmouth HMO landlords urged to get ready to apply for new licence
Portsmouth Council have issued the following: We're asking shared home landlords in Portsmouth to make sure they're ready to apply for a new licence, ahead of applications opening next week Currently, the law requires homes in multiple...
Investigation into tenants’ rights violations
The private rental market will be investigated after the UK's competition authority found a "significant minority" of landlords may be violating tenants' rights. The Competition and Markets Authority (CMA) will focus on things such as "sham...
Met Police updates evictions guidance for officers
The Metropolitan Police has updated its training and guidance on housing evictions for frontline officers. The force said that the changes, which include a presumption against eviction, are "reflective of the needs of tenants". It follows work with...
Prosecuted landlords forced to go on ‘recognised landlord training’
Directors of the company owning the property were issued with a Financial Penalty Notice for the offence totaling £1,898.73 after an inspection found the property housing five tenants had been an unlicensed HMO since at least 2018, meaning it was...
Official dithering over EPC reforms damaging rental market
The Negotiator magazine is reporting that 'many of the EPC changes are simply ‘not practical, affordable or wanted by many tenants’ and that it’s unfair that the private sector landlords should have to deliver on EPC targets ahead of other housing...
House Price Affordability Improving
Falling house prices and record wage growth has meant houses have become more affordable on paper, but the rising cost of borrowing has cancelled out any benefit. The cost of a typical UK home is 6.7 times average earnings, down from a peak of 7.3...
Council threatens to seize landlords properties
Newham says its deadline to apply for a licence is at the end of this month and to take control of landlords’ property if they don’t apply in time. The council says it will be stepping up its enforcement and inspection visits in September and will...
Are you part of the landlord exodus? Here’s what you should do next
Telegraph Money has run an article on the best options for squeezed buy-to-let owners. It can be seen here (subscription may be necessary) and says: Letting out a property was once viewed as a reliable way to make your money work for you – but a...
Outer London Sees Soaring Tenant Demand, Research Finds
Recent research from Paragon Bank has shed light on the changing landscape of Britain’s rental market. Landlords situated in Outer London, as well as the East Midlands, have observed remarkable upticks in tenant demand. A comprehensive study...
The impact of private rented sector reforms on the student accommodation market
A firm of solicitors has just published a blog where they consider impact of the Renters Reform Bill on the student accommodation sector. The blog can be seen here, and says: Abolishing fixed term tenancies for PRS student homes could cause havoc...
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LATEST NEWS
English Housing Survey: local authority housing stock
The Government has released details of local authority housing stock. It can be seen here. It states that...
Cut to CGT too small to encourage selling
Jo Eccles, a prominent agent is advising landlord clients, regarding the impact of Capital Gains Tax (CGT) cuts...
RICS reports improving sentiment
According to the latest UK Residential Market Survey from the Royal Institution of Chartered Surveyors, the net...
Debt charities write to Gove urging greater protection
Major debt advice charities and the Law Centres Network have concerns regarding the Renters (Reform) Bill. Their...
Rent Bill will demonise landlords – and bankrupt councils
Writing in The Conservative Women, Tim Briggs, on the Renters (Reform) Bill, portraying it as an intrusive measure...
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