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Students finding it difficult to rent a room
An exodus of landlords has left almost a quarter of a million students without a room in top university cities, analysis has found. Students at Russell Group institutions face the most competitive ever race to find housing this year amid a...
Portsmouth City Council warns of HMO fines
Warnings have been sent to landlords that they could face large fines if properties are not properly licenced. Owners of houses in multiple occupation (HMOs) in Portsmouth have to acquire an appropriate licence after two landlords were punished for...
Precise owner OSB profits fall as mortgage borrowers lock in new fixed rates faster
OSB Group reported profit tumbled in the first-half of 2023, after taking a hit from customers acting more quickly than expected to refinance their mortgages at favourable rates. OSB, which stands for OneSavings Bank, said pretax profit in...
Bournemouth, Christchurch and Poole Council
The Government have published plans for an External assurance review of Bournemouth, Christchurch and Poole Council which can be seen here They have also published a Best Value Notice, which can be seen here. Details In 2022, Bournemouth,...
Delivering schools to support housing growth
The Government has just issued guidance on Delivering schools to support housing growth - it can be seen here. It is described as: Guidance for local authorities on planning new education infrastructure that is required due to housing growth,...
Landlords and energy efficiency
The Centre for Sustainable Energy (CSE) has launched a new project, funded by the TDS Charitable Foundation, to help landlords meet their potential energy efficiency requirements. The project aims to provide support and advice to landlords in...
Mediation in the civil justice system: Government response to consultation
On 4 August 2023 the Government published a post-consultation report for the consultation paper on increasing the use of mediation in the civil justice system. It comprised: the background to the report; the Government response to the consultation...
Support for Mortgage Interest loans
The House of Commons Library has published a report on 'Support for Mortgage Interest loans' The full report can be seen here, and in summary says: Support for Mortgage Interest (SMI) is a government loan scheme helping with the interest costs of...
Visa rules eased for building industry
Visa rules are being eased for overseas builders, carpenters and people working in the fishing industry, the Home Office has confirmed. Roofers and plasterers have also been added to the Shortage Occupation List, which temporarily eases visa...
Landlord couple ignored tenants request and were heavily fined
A landlord couple in Nottinghamshire left the tenant with no hot water or heating for three weeks after the boiler not working During an inspection, Bassetlaw District Council officers also identified hazards relating to gas, electrical and food...
Surge in Section 21 Evictions as Landlords Exit the Market
New figures from the Ministry of Justice reveal a concerning 41% surge in Section 21 evictions. In England, the number of households evicted by court bailiffs under this provision climbed to 2,228 in the second quarter, a stark rise from 1,578 in...
Mortgage hokey cokey – one lender in, one lender out
Beverley Building Society has entered the buy to let market for the first time with two new products.Its variable rate BTL for UK customers is available at 5.64 per cent with a maximum loan-to-value and a completion fee of £995.Meanwhile, for expat...
Another legal expert criticises the Renters Reform Bill.
Kristy Ainge - solicitor-advocate in the litigation team at Brindley Twist Tafft & James - has commented on the Renters Reform Bill, saying: “The main change is that a landlord cannot ask a tenant to leave if, for example, they want to move a...
Are you a developer? Have you joined the RAS?
Responsible Actors Scheme The Responsible Actors Scheme was launched in July 2023. Eligible developers who do not join the Scheme and comply with its conditions will have planning and building control prohibitions imposed on them. See more details...
London Councils call for more cash
London Councils - an umbrella group of local authorities in the capital - says the government should build on initiatives such as the Local Authority Housing Fund by providing increased capital investment for housing acquisitions, particularly...
Should you sell with tenants in situ?
The rental market remains extremely competitive for tenants, with many opting to remain in their properties for longer, and this has led to more landlords selling with tenants in situ. Buy-to-let landlords buying and selling their investment...
High end sales slumps but lets remain steady
A prominent buying agent operating at the high end of the prime London market has given an interesting insight into how the country’s wealthier landlords are faring. Jo Eccles, managing director of Eccord, says: “Landlords are coming under...
Penalties for incorrect check of tenant status could increase five-fold
As part of their strategy to control illegal immigrants, Suella Braverman, the Home Secretary, and Robert Jenrick, the Immigration Minister, are considering increasing the penalties for failing to check for illegal migrants five-fold to a maximum...
More landlords sell by auction
Property information service Moverly has analysed the annual revenue of the property auction house sector since 2013 to understand how the market has grown and the data shows that in 2022, the UK property auction house sector generated total...
Many more commercial properties set for residential conversion
It’s a sight that is becoming ever more familiar in towns and cities across the UK – shops and offices being converted into residential use. The changing face of the local high street is an inexorable process and it is no longer hard to imagine...
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LATEST NEWS
Family ‘forgotten’ by council
The Local Government and Social Care Ombudsman revealed a case on February 29, 2024, involving a Waltham Forest family...
Selective licensing and the Renters Reform Bill
The Chartered Institute of Environmental Health (CIEH) has voiced apprehension following a BBC report indicating that...
Comment on Halifax data showing a 1.7% annual rise in house prices
The latest Halifax house price index reveals several trends in the UK property market: Overall Growth: Average house...
Halifax reports 5th monthly rise in house prices
UK house prices rose for the fifth consecutive month in February, according to data from Halifax on Wednesday. The...
Budget – comment from MfB
Gavin Richardson, Managing Director | Mortgage Finance Brokers has issued the following statement: Chancellor Jeremy...
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