Carbon Monoxide Detectors Central Housing Group

Consultation launches on plans to extend carbon monoxide regulations

Private landlords in England will be required to install a carbon monoxide alarm in any room that has a fixed combustion appliance, such as a gas boiler or wood burner, under proposals unveiled in a new Government consultation. Under the plans, which exclude gas cookers, landlords will also be required to ensure each prescribed alarm is in proper working order on the first day of every new tenancy, and repair or replace…

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Eviction Policy Central Housing Group

New rules on repossessions

New Government rules mean that possession orders for arrears will only be enforced in cases where tenants built significant arrears pre-Covid. Orders for cases which rely on significant arrears built by tenants after March 23 will now be put on ice until after the ‘Christmas truce’ period, which ends on January 11. The NRLA has campaigned in support of landlords whose tenants had built significant arrears that pre-dated and were unrelated…

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Landlords And Tenancy Agreements Central Housing Group

January date for MP’s bid to allow pets in rental accommodation

A Conservative MP’s bid to ensure pets are allowed in private rental accommodation reaches its next stage in the New Year. Andrew Rosindell, MP for Romford, has introduced a Private Member’s Bill that would strictly reduce the right of landlords or their agents to include ‘no pets’ policies for their properties. The Bill promoted by Rosindell, a former shadow minister for animal welfare, has the backing of animal organisations including the…

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Association of Residential Letting Agents Central Housing Group

Rent increases slow and tenancies lengthen despite Covid

The number of tenants experiencing rent increases fell by almost a fifth in the year to the end of September according to ARLA Propertymark’s latest market snapshot. Some 40 per cent of agents witnessed landlords increasing rent in September – the latest data available – compared to 48 per cent in August. This is also 18 per cent lower than in September 2019, when the figure stood at 58 per…

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Brexit may lead to glut of returning retirees who rent

The long-running uncertainty over Brexit may lead to a glut of British expats returning home and renting rather than buying. That’s the view of Girlings Retirement Rentals, which says uncertainty surrounding any Brexit deal – if one is struck at all – means many expats may return sooner than expected in a bid to avoid any difficulties. It’s estimated that of the 1.3m Britons living in other European countries, around…

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Housing association evacuates blocks over fire safety fears: residents forced to leave Paragon Estate in Brentford after structural issues uncovered

The student village has been subject to a series of safety investigations Residents of a 1,000-home west London housing development have been evacuated after potential fire safety issues were uncovered. All 858 people who were living on the Paragon Estate, a six-block complex in Brentford, Hounslow, have been moved to hotels and student halls while an investigation into the safety of the buildings is carried out. Notting Hill Genesis, the housing…

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Capital Landlords Central Housing Group

Rent in London: cost of a room plummets by as much as a third in some central postcodes

Continued disruption caused by Covid-19 is pushing young renters out of the capital to work or study from home outside the city centre. Londoners looking for a room to rent in the capital are in line to make major savings on their housing costs after lockdown led many house sharers to flee the city, at least temporarily. The cost of renting a room in London has fallen by 2.6 per cent compared to last…

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Commuter towns in north and east London: top locations for more space and greenery — from Cockfosters to Purfleet

We find new homes along the London Outer Orbital Path, from Cockfosters in north London to Purfleet in Essex. The third and final part of our home search of the LondonOuter Orbital Path — the Loop — on behalf of post-lockdown buyers seeking more space and greenery, takes us from Cockfosters to Purfleet, through coveted north and east London suburbs before reaching the raw beauty of the Thames Estuary marshlands. Close…

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London house prices post-lockdown: average price of a home in the capital has gone up by £17,000 since May

London house prices reached an all-time high in August, with the fastest annual rate of increase since April 2017. The mini-boom in the property market that followed the end of lockdown picked up pace in August when prices in Londonrose to an all-time high. The average cost of a home in the capital increased 3.5 per cent to £489,159, beating the previous record of £488,527 set in July 2017, according to…

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London’s first-time buyer hotspots: the areas seeing a spike in first home sales since lockdown

More than a third of London boroughs have seen a jump in sales to first-time buyers since lockdown. Here’s where to focus your search. The proportion of sales to first-time buyers is up in 13 of the 33 London boroughs. Greenwich, Hounslow, Hammersmith & Fulham, Waltham Forest and Islington are the areas with the greatest upswing in sales to this young buyer tribe. Camden, Southwark, Wandsworth, Kingston and Lewisham complete the top 10. Here,…

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London house price forecast:exclusive new figures predict 20% growth looking beyond coronavirus and Brexit to 2025

The rise of suburbanisation and a worsening housing supply crisis mean the capital will lead the UK housing market in the post-pandemic recovery, with Londoners expected to see their house prices rise by a fifth (21 per cent) over the next five years, according to a new forecast, exclusive to Homes & Property. London is set to outperform the rest of the UK next year with house prices staying flat compared with a…

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Government’s £3 Billion Affordable Housing Guarantee Scheme to be Operated by Ara Venn

Investment management firm ARA Venn to deliver £3 billion scheme that will provide cost-effective long-term loans to registered providers of affordable homes. Housing Minister Rt Hon Christopher Pincher MP announced on 16th October 2020 that ARA Venn will manage the government’s new £3 billion Affordable Homes Guarantee Scheme (AHGS 2020). Contracts were signed for investment management firm ARA Venn to deliver the £3 billion scheme that will provide cost-effective long-term…

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Buy To Let Gloom Central Housing Group

The Future of Buy-to-Let – Is it Worth it?

The stamp duty land tax (SDLT) holiday is fast becoming the most impactful property policy introduced by any UK government since the implementation of Right to Buy in 1980. While other asset classes are experiencing unprecedented volatility due to COVD-19, the SDLT holiday has imbued the housing market with such activity that – according to the Royal Institute of Charted Surveyors – house prices are growing at record levels. However, even though…

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Long Term Homes Central Housing Group

Residential Property Transactions Up by 21.3% in September

House sales rose by 21.3% in September following the introduction of the stamp duty holiday – helping to protect hundreds of thousands of jobs in the housing sector and wider supply chain, new figures reveal. residential property transactions rose 21.3% in September following introduction of stamp duty holiday rise in sales supports hundreds of thousands of jobs in the sector – with new homeowners also spending extra cash on decorating,…

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Landlords, ignore planning laws at your peril…

Some landlords it would seem think they can treat planning laws with expectations of impunity, but sooner or later the law catches up with them and the results are painful! Waltham Forest Council has brought two successful prosecutions against landlords over their flouting of planning laws. Landlords Mr and Mrs Khilji and company director Mohammed Raja Iqbal have been prosecuted by the council and heavily fined for making changes to…

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Landlord duo fined £110,500 for running three dangerous and overcrowded HMOs

A duo in London have been given the highest Landlord fine to date this year following an investigation by Islington council into three HMO properties. Midlands-based landlord Arun Bajaj, 60, has been fined £100,000 with £20,000 costs while co-defendant Antonio Ferraiuolo has been £10,500 following a trial in August. Bajaj was found guilty of 15 offences at two properties on Seven Sisters Road and a third on Grosvenor Avenue (pictured), all…

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Will it happen again? 31% fewer private renters moved during lockdown months

New tenancies fell by a third during lockdown according to new research by Ome, which has warned landlords and letting agents that a second wave of the pandemic could have a similar effect. Using data from Government-approved deposit protection scheme mydeposits, it reveals that in the three-month period from March to May, 61,972 new tenancies were protected compared with the same period in 2019 which saw 81,055 new tenancies protected –…

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Universal Credit payments direct to landlords ‘must be made easier’ MPs tell Ministers

MPs have urged the DWP to amend the benefits system so that it’s easier to make direct payments to landlords. The work and pensions committee’s new report – Universal Credit: the wait for a first payment – recommends that the department should investigate whether landlords could tag a tenancy agreement to the claimant’s UC claim so tenants can get payments in line with their rent schedule, or if the benefit could be…

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Six Month Notice Period Central Housing Group

Tenants in Tier 2/3 areas “not protected” as evictions resume – claim

A charity claims that private tenants in the areas with the higher tiers of Coronavirus measures face “harsh enforcement” if they fall into arrears, and are not being protected adequately. Citizens Advice says it has identified “a series of gaps in protections which mean people unable to pay essential bills could fall into debt or face harsh enforcement.” The charity claims that in contrast to the eviction ban period over…

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John Lewis to build and furnish private rental properties

John Lewis Partnership, until now best known for its department stores and ownership of Waitrose, is to build homes for rent. The company has a long term target to secure 40 per cent of its annual income from non-retail activities. John Lewis will work with developers to build new homes on up to 20 sites already owned by the partnership to provide a “stable income,” with planning applications expected for two…

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