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It may not be a typical part of the country but on one of the Channel Islands there is now a debate about whether buy to let should be banned outright in a bid to take the heat out of the local sales market. Jersey’s former housing minister Sam Mezec says...
Posted: May 14, 2021, 7:00 am
The total value of tax relief declared as a result of the government’s Rent a Room Scheme has soared 187 per cent in the past decade or so.  An analysis of government data by property management service Houst suggests that a record £140.5m was declared over the 2018/19 period, up from...
Posted: May 14, 2021, 7:00 am
The Home Office has told agents that Right To Rent checks can continue to be conducted via video calls until June 20 - the previous deadline of this weekend has been extended by around a month.  In April, the government gave a May 16 deadline for the end of the temporary...
Posted: May 14, 2021, 7:00 am
The latest sentiment survey from the Royal Institution of Chartered Surveyors makes welcome reading for most landlords. RICS deals only with broad expressions of market sentiment from its member agents, so gives little specific market ‘snapshot’ data - however, it says a net balance of 60 per cent of its survey...
Posted: May 14, 2021, 7:00 am
Fixflo has another of its webinars coming up in just under a fortnight’s time, at 11am on May 27, with this one given over to the vexed subject of tenancy disputes. This data-led webinar - titled Why Are Tenancy Disputes Still Happening? - promises to look at the reasons behind why there...
Posted: May 14, 2021, 7:00 am
Landlords have welcomed the government’s announcement to end the eviction ban and reduce the notice period required for the private rental sector. The news came late yesterday afternoon in a surprise statement from the Ministry of Housing, Communities and Local Government. However, the National Residential Landlords Association says there remains work to...
Posted: May 13, 2021, 7:00 am
A former tenant who tried two frame his landlord’s partner as being involved in the Westminster terrorist attack has been convicted of perverting the course of justice - but he is now on the run. Gerald Banyard, 67 and from Lancashire, sent two handwritten notes to police days after the Westminster...
Posted: May 13, 2021, 7:00 am
Investment bank and wealth management consultancy Arbuthnot Latham predicts the next big growth area for buy to let will be Houses in Multiple Occupation. The firm says over the past 10 to 15 years, HMOs specifically and renting generally have proliferated - largely because high house prices has deterred prospective first...
Posted: May 13, 2021, 7:00 am
Despite the global pandemic putting many major life plans on hold, almost three fifths of renters continue to have ownership as an ultimate goal. Research by property service Wayhome shows that ownership is viewed as more of a priority than getting married or entering a civil partnership for 49 per cent...
Posted: May 13, 2021, 7:00 am
The government has announced changes to tenancy notice periods in line with the phased easing of the pandemic restrictions.  Whilst some notice periods are reducing, there are no plans to see them back to pre-pandemic levels until October. From June 1 notice periods in England that are currently six months, will reduce...
Posted: May 13, 2021, 7:00 am
Activists led by Baroness Alicia Kennedy of Generation Rent say the proposed reform of the private rental system must include a mandatory landlord register for England. The campaign group leader, responding to the Queen’s Speech, says: “Generation Rent has campaigned for a landlord register for years so it is welcome that...
Posted: May 12, 2021, 7:00 am
The landlords’ trade body has given its support to the principle of consultation before the much-hyped Renters Reform Bill becomes law. Yesterday’s Queen’s Speech suggested that the Renters Reform Bill, first mooted in 2019, would finally reach the House of Commons for consideration later this year, starting with a White Paper...
Posted: May 12, 2021, 7:00 am
A Build To Rent operator is introducing “signature scents” into its properties “to lift moods and enhance the rental experience.” Fig, orange and bergamot are among the fragrances used “to evoke feelings of relaxation and escape” according to Quintain Living, which is introducing the smells at its Canada Gardens scheme at...
Posted: May 12, 2021, 7:00 am
An expert assessment of the average cost of damage caused by rogue tenants growing cannabis suggests landlords will typically pay almost £10,000. Direct Line Business Insurance has calculated, using official Police figures, that there were 1,427 suspected cases of illegal drug manufacture or cultivation in 2019 and 2020 in the UK.  Nearly...
Posted: May 12, 2021, 7:00 am
Landlords have frequently not had obligatory ID checks conducted on them by letting agents, an industry supplier is claiming.  Blinc UK says that while in its experience sales agents strongly enforce the check, letting agencies are less likely - often not conducting Anti-Money Laundering or Know Your Customer checks. Currently AML checks are...
Posted: May 12, 2021, 7:00 am
The government has confirmed that reform of the private rental sector will be a priority for the coming session of Parliament. A brief reference to the commitment was made this morning by the Queen when she opened the latest Parliamentary session. Her Majesty said that her government would help more people to...
Posted: May 11, 2021, 6:41 pm
A Conservative MP claims there is a major power imbalance between tenants and landlords and widespread reforms are required to stop renters being ‘left out on a limb’ because of poor property conditions. Jo Gideon, Tory MP for Stoke-on-Trent Central, says in a report by think-tank UK Onward that there are...
Posted: May 11, 2021, 7:00 am
A little-known group called Labour Tenants United has criticised the party’s new housing spokeswoman. Initially the group welcomed the appointment to the role of shadow housing minister of Lucy Powell, who was moved into the brief in Sir Keir Starmer’s controversial reshuffle on Sunday evening. However, the group’s tweet saying: “Congratulations on the...
Posted: May 11, 2021, 7:00 am
A think-tank, UK Onward, has called for radical rental reform. In a statement released to coincide with today’s Queen’s Speech, the think-tank has linked with campaigning charity Shelter to demand that the Renters’ Reform Bill be introduced as soon as possible. It says the government should seek to offer greater security for...
Posted: May 11, 2021, 7:00 am
Chinese and Asian investment and marketing service Juwai IQI UK has revealed where in this country property investors from those locations are most interested in putting their money. Juwai IQI group chief executive says: “In 2020, Asian buyers demoted the United Kingdom from its 2019 rank as the seventh most popular...
Posted: May 11, 2021, 7:00 am