House Letting Sector Central Housing Group

Section 21 evictions set to be axed to create ‘indefinite tenancies’

The government says it wants to ban outright Section 21 ‘no fault’ eviction powers in England and Wales. Instead landlords seeking to evict tenants would have to use Section 8, which can be implemented when a tenant has fallen into rent arrears, has been involved in criminal or antisocial behaviour or has broken terms of the rent agreement, such as damaging the property. The government says it will amend Section 8 to…

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Buy To Let investors desert London ‘because of stamp duty’

Data from a Countrywide agency shows that 59 per cent of landlords who live in London purchased their buy to let investment properties outside the capital in the past 12 months. The data, from Hamptons International, suggests that historically London landlords bought their investment properties near where they lived. For example in 2010 just 25 per cent of London-based landlords purchased their buy to lets outside the capital, with 75 per…

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Rental Demand Central Housing Group

Government fails to prepare rental market for Brexit

Landlords are warning that EU citizens may face problems getting rented accommodation after Brexit. Ministers have failed to publish any guidance for landlords about the implications of Brexit for the Right to Rent scheme. Under this scheme landlords are responsible for checking the immigration status of their tenants with the prospect of prosecution if they know or have “reasonable cause to believe” that the property they are letting is occupied by…

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House lettings Market Central Housing Group

Regulate Airbnb-style lets or risk hurting long term market – warning

The rapid growth of Airbnb-style short lets could lead to the loss of private rented homes and displacement of long-term residents from their communities if left unregulated. That’s the view of the Chartered Institute of Housing: in its UK Housing Review 2019 it says that Airbnb alone has over 77,000 lets in Greater London, 55.4 per cent of which are entire homes. The bulk of the lets are heavily concentrated…

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Tenant Deposit Cap Central Housing Group

Meagre rent rises remain well below general inflation rate

Rental growth remains in positive territory – just – but on average it’s still well below the general level of inflation according to new figures. A survey from specialist lender Landbay shows that the average rent paid for a property in the UK now stands at £1,217, or £772 if you exclude London; this is a meagre 0.96 per cent more than a year ago. The relatively few hotspots for…

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9 in 10 in favour of ‘snagging retention’ on new builds

According to a new report from HomeOwners Alliance, 9 in 10 new build homeowners say that “House builders won’t deliver quality unless we hold back cash”. And after overwhelming public support for ‘snagging retentions’, HomeOwners Alliance is now spearheading a campaign that will enable homeowners to hold back a minimum 2.5% of payment until they’re satisfied with their home. The figures are from a national survey conducted by the HomeOwners…

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Windrush Scandal Central Housing Group

Leadership hopefuls told right to rent must be scrapped

Conservative Party leadership candidates Boris Johnson and Jeremy Hunt are being urged to scrap the controversial Right to Rent scheme. A coalition of organisations made up of the Residential Landlords Association, the Joint Council for the Welfare of Immigrants and the3million, which represents EU citizens in the UK, have united in calling on both candidates to scrap the policy after the High Court ruled it causes discrimination against British ethnic minorities Under the…

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Private Rented Market Law Central Housing Group

National housing body would do little to tackle crooks

A new survey by Citizens Advice claims the PRS is suffering from ‘weak regulation’, and has asked for a national housing body for private renting to set standards. Under the charity’s proposals the body would create a home “MOT” and set a “fit-and-proper-person” test for landlords as well as standardising rental contracts. Its report ‘Getting the House in Order’ claims ‘many landlords don’t know or understand their legal obligations’, with renters either…

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Breaking: National register of landlords proposed

Proposals for a national register of landlords have been included in a report on selective licensing out today. The RLA is extremely disappointed with the recommendation, which it believes could end up harming those it is designed to help. The association fears it will push up costs and increase red tape for those landlords providing good quality homes to rent, while criminal landlords providing sub-standard or dangerous homes simply ignore the requirement…

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EU citizens rights Central Housing Group

RLA warns that the rental market is unprepared for Brexit

New data released by the Residential Landlords Association has revealed that Ministers have failed to publish any guidance for landlords about how the Right to Rent scheme will operate after Brexit. As a result of this government failure, many landlords are voicing concerns that EU citizens may face problems getting rented accommodation once we leave the EU. Under the Right to Rent scheme, landlords are responsible for checking the immigration…

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Millionaire Buy To Let Landlord CHG

Civil Penalty Notices served on pair who failed to improve buy to lets

Two buy to let investors have been fined thousands of pounds after failing to carry out improvements to unfit rental properties. Adur council took action on the owners of properties in the Lancing and Southwick areas and, after appeals from the pair were rejected, Civil Penalty Notices were upheld. Robert Cook was originally served with a CPN after failing to comply with an improvement notice from the council on a…

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Peers call for tax relief for rental home improvements

Landlords are welcoming calls today by a parliamentary committee for tax incentives for private landlords to improve the quality of their property. The recommendation is made by a House of Lords committee looking at the regeneration of seaside towns and communities. Following evidence provided by the Residential Landlords Association, the Committee’s report published today recommends: “the introduction of stronger incentives for private landlords to improve the quality and design of their…

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Long-term renting cheaper than being an owner-occupier – claim

A new survey suggests that long-term renting could be substantially less expensive than a mortgage. The study, for Ocean Finance, has analysed monthly housing expenses data from the Office of National Statistics and has surveyed 2,000 current owners and tenants. The investigation found that those tied into a mortgage could end up paying an average of £77,241.61 more over a 25 year period, than a rental tenant in a comparable property…

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Rental fraud warning after shocking scam attempts

Prospective tenants are being warned about a fraud scam that cons people into paying an advance fee to rent a property. The National Landlords Association says it’s been contacted by several individuals who have fallen victim to the scam, where fraudsters have used NLA branding and fake letters from NLA representatives to make their approaches appear authentic. NLA chief executive Richard Lambert says: “Rental fraud is one of the uglier…

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Big boost for deposit alternatives as tenants back new schemes

There’s been a big boost to the movement towards deposit alternatives in the private rental sector following a survey released this morning by lettings agency Your Move. It says over half of tenants questioned in a very substantial 3,752-person poll would be interested in an alternative approach to traditional tenancy deposits. According to the Tenancy Deposit Scheme the average rental deposit in England and Wales is currently £1,110 – however,…

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Shared Ownership Central Housing Group

Buy to let sell-off is “snowballing” in London warns ARLA

The number of London landlords exiting the market last month was a whopping 125 per cent higher than the national average. The figure comes from ARLA Propertymark based on its monthly snapshot of the market conducted amongst members between March 4 and March 18. “Back in December, more than three quarters of ARLA Propertymark members predicted that the number of landlords operating in the private rented sector would decline this…

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Government launches EPC consultation Central Housing Group

Energy Efficiency: £3,500 cost cap to take effect from 1st April

Landlords with properties that have an energy performance rating of F or G will be expected to pay up to £3500 from 1st April, in order to improve the energy efficiency rating of the property. The majority of landlords will be unaffected by the change, because their properties will already be compliant. This is because as from the 1st April 2018 it has been a requirement for any properties rented…

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Right To Rent Judicial Review Central Housing Group

Right to rent ‘a farce’ argue landlords

ONE of the Government’s flagship immigration policies has been branded a farce after a court ruling that a landlord who seeks to repossess property where the Home Office tells them a tenant does not have the right to rent, is breaching equalities law. Under the Right to Rent scheme landlords are responsible for checking the immigration status of their tenants with the prospect of prosecution if they know or have…

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Rented Homes Tax Central Housing Group

2020 tax changes ‘could accelerate buy to let sell-off’ warning

Changes to Capital Gains Tax which reach their full impact in the next 12 months could fuel property changing hands between landlords. That’s the view of Andrew Turner, chief executive at specialist lender Commercial Trust. He says that the abolition of lettings tax relief from April 2020, almost exactly a year from now, could impact on ‘accidental landlords’ who once lived in a property and then decided to let it.…

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B-T-L Landlord Central Housing Group

Lies, illegal flats and hidden tenants lead to suspended jail sentence

A buy to let investor who hid families in windowless rooms after failing to get planning permission for a block of flats has been given a suspended prison sentence. Talwinder Singh was refused permission by Slough council to build the block of six flats but went ahead and built them anyway in the Manor Park area of the town. Then, despite being served with a planning enforcement notice in September…

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