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Free legal aid for tenants commenced
A new government-backed scheme providing free legal advice to help 38,000 people a year at risk of losing their home launched on August 1st More details can be seen here, and in summary says: People facing eviction or repossession in England and...
EPC data issued
The Government has issued data arising from EPC certificates. It can be seen here.
Landlord’s EPC deadline: Does anyone else feel conned?
Property118 has started a blog entitled 'Landlord’s EPC deadline: Does anyone else feel conned?' It can be seen here In general, it amplifies what we have been saying that Government has been pushing landlords to make energy saving changes to...
A quarter of landlords look for higher-rated EPC properties
Research from Paragon Bank has found that proposed tougher energy efficiency requirements for rental properties are already influencing landlords’ buying decisions, with a quarter acquiring higher-rated properties. Paragon’s research of over 1,200...
Nationwide – weakest property prices since July 2009
Nationwide chief economist Robert Gardner noted that the price of a typical home is now 4.5% below the August 2022 peak. "Investors’ views about the likely path of UK interest rates have been volatile in recent months, with the projected Bank Rate...
Mortgage Advice Bureau reports 46% fall in BTL Lending
In their recent trading statement, Mortgage Advice Bureau reported: UK gross new mortgage lending for the first five months of the year was 28% lower than in the same period in 2022, as rising costs of living and higher interest rates created...
Tenants issued insurance warning as ‘concerning number’ secretly sublet
An article in the Insurance Times warns Subletting is not covered under most landlord insurance policies,’ repeating a warning by Direct Line’s landlord product manager, Sarah Casey, who said: “With the market having seen an increase in average...
Left wing think tank wants more anti-landlord laws
The Fabian Society is a left wing think tank, and one of its researchers has written in the LeftFoot Forward advocating a number of proposals supposedly designed to raise living standards for all of England’s regions. Among their recommendations...
Gove’s anti-second home plans
Michael Gove has said in a speech today that the Tory Government was “planning to extend the lever of opportunity to many more [first-time buyers]” by prioritising them over those with multiple properties. He said: “We’ve already helped over three...
How much of Michael Gove’s strategy is new?
The BBC is asking How much of Michael Gove’s strategy is new? See the article here. It points out that 'Making it easier to convert shops into houses was part of Mr Gove's plan to increase the availability of homes in cities. However, a previous...
Rishi Sunak signals he is ready to soften UK green policies
The Financial Times is reporting that 'Rishi Sunak has indicated he is ready to soften the government’s green policies, saying he did not want to “hassle” voters and that hitting the UK’s net zero carbon emissions target had to be done in a...
Social Housing Regulation Bill has now become law
The Social Housing Regulation Bill received Royal Assent last week and sets out new reforms for social housing landlords. According to the English Housing Survey 2021-2022, there are nine million people in England who live in social homes and...
Islington to bring in Selective Licensing
A selective licensing scheme was approved by the council’s Executive on Thursday, will cover 5,400 homes in the three wards, Finsbury Park, Tollington and Hillrise, tripling the old Finsbury Park scheme it replaces. It applies to all privately...
Landlord fined £300,000 for the long list of issues.
Nirpaul Riat was taken to court after being issued an Emergency Prohibition Order by Hounslow Council due to poor conditions in 22 of his properties, and judges fined him £300,000 for the long list of issues. Damp, squalid rooms with limited...
Now is the time for the government to resurrect help to buy, reports Dutton Gregory Solicitors
Paul Sams from Dutton Gregory has written a blog stating 'now is the time for the government to resurrect Help to Buy,' The blog can be seen here, and Sams says “The Help to Buy scheme was extremely beneficial to first time buyers, housebuilders,...
Landlords face ‘a multitude of challenges’ as rents rise again
Rightmove has just issued its Rental Price Tracker. The full report can be seen here, and in summary says: National average asking rents outside London hit new record of £1,231 per calendar month (pcm): Average asking rents for new tenants are now...
Delay in MEES Change for landlords confirmed
Low-traffic neighbourhoods face a ban and landlords will get longer to meet energy efficiency targets as ministers retreat on “costly and unpopular” green policies. Rishi Sunak is planning to hold firm on net-zero goals while delaying or ditching a...
Proposals to relax rules in England to allow more shops to be converted into homes
The Prime Minister and Secretary of State for Levelling Up, Housing and Communities have set out further plans change planning laws to pave the way for more home extensions and conversions of shops into houses in England in efforts to address the...
Senior Tory MP crticises the Renters Reform Bill
In a government debate, Sir Christopher Chope MP said the consequences of the bill will result in a reduction of supply and high rents. His comments were made during a Westminister Hall debate about the cost of living and the private rented sector....
Gove wants to slow down already slow EPC upgrades for landlords.
Landlords are aware that they will probably have to upgrade their properties to meet new regulations, but don't know what regulations, or when. Writing in an article in the Telegraph, he said: “My own strong view is that we’re asking too much too...
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LATEST NEWS
Don’t get your notices wrong
Nearly Legal are reporting on the case of Ms. Dragos against Cheerz Express Ltd, which highlights several important...
Don’t let it happen to you – landlord fined
The Northern Echo is reporting on the case of Tracey Robinson, a landlord from County Durham, highlights the...
Population Projections have repercussions for Private Rental Sector
Writing in Landlord Today, Richard Rowntree, Managing Director of Mortgages at Paragon Bank, has commented on the...
Chancellor plans tax raid on landlords – report
According to a report in The Sunday Times, the upcoming Budget is expected to include a £300 million tax increase...
I’m a landlord – but don’t own the home my family live in: Property expert on why he loves renting
This is Money has published an article on a landlord who rents the house he lives in. Rob Dix's perspective on renting...
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