Budget Tax Rise CHG

Landlords A Whisker Away From Budget Tax Rise

According to the Daily Telegraph landlords and potential second home owners have got away with a proposed Budget Tax rise. The tabloid has uncovered a report from the Office for Budget Responsibility which suggested that the government should increase the additional homes stamp duty surcharge from 3 to 4 per cent in the latest budget. However the Budget’s recommended stamp duty hike failed to materialise for the time being but…

Read more Leave a comment

Let Out Illegally CHG

100,000 Landlord Properties Let Out Illegally

A Prop Tech company claims that there are more than 100,000 private rental properties are being let out illegally as they fall far below the current EPC ‘dictates’. The firm states that 106,337 PRS properties fail to meet the necessary minimum standards. The company is highly critical of the government’s latest scheme to fund 59 councils in their ‘fight’ to improve PRS housing standards but it claims there are 281 councils that have 78%…

Read more Leave a comment

Tenancy Strategy Central Housing Group

Landlords, Agents And Tenants Contacted For Views On Tenancy Strategy

Enfield council has recently contacted tenants, agents and landlords to give their thoughts on its tenancy strategy. Enfield’s outlines its proposed tenancy strategy which it hopes encourages landlords and letting agencies to back its plans in its efforts to ensure that higher standards are reached for all tenancies within the authority’s borders, so tenants can live safely, healthily and securely in their rented homes. The council’s draft strategy attempts to…

Read more Leave a comment

EPC Upgrades Central Housing Group

Rental Sector Cleaning Up Its Act On EPC Results

The private rental sector is already attempting to improve its EPC results according to research from Shawbrook Bank. From 2025 new rules mean rental properties with EPC results rating of D, or below, will not be able to take on new tenants. The bank’s study found that 17 per cent of landlords had made efforts to improve the energy efficiency of their property, rising to 22 per cent of portfolio…

Read more Leave a comment

New Tax Regime Central Housing Group

New Tax Regime For Airbnbs And Holiday Lets

The government says it’s finalising plans for a new tax regime to apply to additional homes, and in particular those used for holiday and short lets. There has been widespread criticism of some holiday home owners who have registered their additional properties as businesses, thus making them entitled to rate relief for small businesses. Lord Greenhalgh, speaking at a House of Lords debate on second homes, has said: “The government…

Read more Leave a comment

Bailiff-Enforced-Evictions Central Housing Group

Bailiff-Enforced-Evictions Suspended Over Christmas

It’s understood there will be a Christmas truce with tenants not enduring bailiff-enforced-evictions between December 13 and January 10. HM Courts and Tribunal has confirmed that this will follow the pattern of previous years. In line with formal protocol the Lord Chancellor will inform the High Court Enforcement Officers’ Association – this association, in turn, will instruct its bailiff members no bailiff-enforced-evictions during the truce period. An informal truce of…

Read more Leave a comment

S21 Eviction Power Central Housing Group

Why Scrap S21 Eviction Power With Cases Plummeting

New figures from the Ministry of Justice show a dramatic long-term decline in the number of possessions in the private rental sector – and take the wind out of the sales of calls for S21 eviction power to be scrapped. The MoJ data says: “When compared to the same quarter in 2019, landlord possession claims, orders, warrants and repossessions by county court bailiffs have decreased by 64, 75, 69 and…

Read more Leave a comment

Repossession Limits Central Housing Group

Repossession Limits Lifted In Courts

‘Overall repossession limits arrangements’ limiting landlords’ ability to take back possession of their homes have come to end it has been announced. Different levels of restrictions have been in place throughout the pandemic, with the courts closed completely for six months from March 2020. A number of new procedures were introduced when they reopened in September last year which, combined with the backlog of cases that had built, led to…

Read more Leave a comment

EPC Regulations Central Housing Group

New EPC Regulations

Just as COP26 is drawing to a close, so one of the lettings industry’s leading legal voices is warning that the next change proposed to EPC regulations will affect almost half of the UK’s entire buy to let sector. Since April last year landlords can no longer let a property with an EPC rating of F and G, unless they have a valid exemption in place.  The government propose to raise this…

Read more Leave a comment

EPC Law Change Central Housing Group

Energy Performance Certificate (EPC) Change

Investors could be ‘severely impacted’ by government plans to raise the required Energy Performance Certificate (EPC) rating for buy-to-let properties in Britain. Some experts have warned that the plans could lead to some homes becoming ‘unmortgageable’. Energy Performance Certificate (EPC) ratings rank properties from ‘A’, the most efficient, to ‘G’, the least efficient – with new proposals on the table to change the minimum rating from ‘E’ to ‘C’ by…

Read more Leave a comment

Dispute Resolution Service Central Housing Group

Dispute Resolution Service Could Avoid Court

ARLA Propertymark has thrown its weight behind a new dispute resolution service as a quicker and less expensive alternative to court action to resolve tenancy disputes. In a statement Propertymark praised the work of its letting agent members to prevent and resolve disputes by setting out clear expectations and information as well as holding all parties to account.  But the trade body said it was clear, after speaking with its…

Read more Leave a comment

The complete guide to preventing burst pipes in your rental property

Burst pipes can cause devastating damage to property, leading to flooding and mould, destroying valued possessions, and potentially leaving people without water and putting them out of their homes. But escape of water, for example a burst pipe, is consistently the most common reason why landlords make an insurance claim across the UK. Escape of water refers to water damage arising from within the property such as leaking pipes or fixed…

Read more Leave a comment

Housing Stock Central Housing Group

Energy Efficiency In UK’s Housing Stock

As the UK Government hosts the COP26 climate change summit, it has begun to reveal its strategy to transition the UK’s housing stock to become carbon neutral. In the Heat and Buildings Strategy the government announced grants of £5000 for homeowners and landlords to upgrade the housing stock to heat pumps – but the total funding equals just 90,000 heat pumps per year. While welcome, this is well short of…

Read more Leave a comment

Lost Rental Income Central Housing Group

Private Landlords Cover Lost Rental Income

The majority of private landlords helping tenants out during the pandemic by cutting their lost rental income from their savings according to new research. The research conducted by BVA/BDRC for the National Residential Landlords Association shows that sixty-one per cent of those landlords who, in the second quarter of the year, had offered at least one tenant a rent free or deferred rent period absorbed the lost rental income from…

Read more Leave a comment

Backlog Of Possession Cases

Backlog Of Possession Cases Breakthrough

There may be a breakthrough in clearing the huge backlog of possession cases as the government is allocating an extra £324m to courts over the next three years. This is part of the £2.2 billion extra funding given to the Ministry of Justice, announced at last weeks’s Budget. “The pandemic created unprecedented challenges but this settlement is the largest increase in more than a decade for the justice system” says…

Read more Leave a comment

New Build Buy To Let

Best New Build Buy To Let Investment

New figures from the National Home Building Council suggests the best new build buy to let investment of detached properties has soared during the pandemic – prompting the question as to whether more landlords should desert the traditional apartment and buy into larger units. In the third quarter of 2021 some 36 per cent of new build buy to let investment registered were detached – much higher than the 28…

Read more Leave a comment

Urban Property Renting Central Housing Group

Urban Property Renting Changing Thanks To Pandemic

PropTech platform Lavanda says urban property renting is changing thanks to the pandemic, and it tells agents, landlords and other providers to adapt. Its report – “The new normal: how demand for urban accommodation has changed” produced with property firms Greystar, Aldar and Hubble – is 70 pages long and recommends how operators of multi-family, co-living and purpose built student accommodation must change. Findings include that differing commuting habits have…

Read more Leave a comment

Evictions Causing Mass Homelessness

Evictions Causing Mass Homelessness

Campaigning charity Shelter says new official figures show evictions since the lifting of the ban have created a surge in homelessness. Shelter says figures for April to June this year – including the first month after the eviction ban was eventually lifted – show that, in the charity’s words, “91 families became homeless each day as lockdown restrictions lifted. “ It adds that since the start of the pandemic “a total of 183,290…

Read more Leave a comment

Renters In London Central Housing Group

Renters In London Would Leave If They Could

New research from flatshare site SpareRoom reveals that 49 per cent of renters in London would quit the capital if they could still keep their job. The pandemic has brought with it a whole new way of working, with many businesses now offering a hybrid model, and others ditching their offices entirely and allowing employees to work remotely full-time.  But what does this mean for big cities that once drew…

Read more Leave a comment

Covid Fund Central Housing Group

NRLA Secures £65 million Covid Fund

Following months of NRLA campaigning the Government has now agreed to ringfence a £65 million Covid fund to pay off rent arrears. Grants will be targeted to support those tenants most in need, with cash to cover arrears paid directly to landlords. NRLA chief executive Ben Beadle explains more. News that the Government has taken heed of our warnings and created a covid fund to pay off rent arrears has…

Read more Leave a comment

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors



Registered Office: Woodgate Studios, 2-8 Games Road, Cockfosters, Hertfordshire, EN4 9HN | Registered in England and Wales | Registered Company No. 3961047 | VAT Registration No. 752 6015 48

 

Social Media Auto Publish Powered By : XYZScripts.com
Google Rating
4.8
Based on 110 reviews
js_loader