Inside Housing has published an article stating that the G15 group, representing some of London's largest landlords, has voiced concerns about the timeline and clarity of new legislation that aims to enhance tenant access to information about the management of their...
News
UK has the fastest-growing economy in the G7
The UK has become the fastest-growing economy in the G7 so far in 2024, with a 0.6% expansion in the second quarter, outpacing major economies such as the US and France. This marks a strong recovery for the UK, which grew by 1.3% in the first six months of the year,...
Are tax rises on the way?
Rachel Reeves, the new Chancellor, has indicated that tax increases are still likely in her October 30 Budget, despite positive signs of economic growth in the second quarter of the year. The UK economy expanded by 0.6% in the three months to June, following 0.7%...
Landlords facing large financial challenge
UK landlords are facing an enormous financial challenge, with a £24 billion price tag looming as they work to meet the government's new Energy Performance Certificate (EPC) standards by 2030. According to research by property technology firm Reapit, approximately 2.7...
Mortgage market review
Housing market activity was relatively subdued during the first half of the year, reflecting persistent affordability pressures. Political and economic uncertainty was also heightened in the period and this may have influenced potential purchase and refinancing...
Rents still rising
According to recent research by the TDS Charitable Foundation, more than a third of landlords in England who raised rents did so to keep pace with local market rates as the rental market continues to be strained by a housing shortage. The report found that 60% of...
Now easier to find an electrician to do an EICR
The NICEIC (National Inspection Council for Electrical Installation Contracting) has enhanced its filters and search options to help landlords and property owners more easily find qualified electricians who can carry out Electrical Installation Condition Reports...
Will the Government achieve its energy plans?
The government’s revived plan to mandate all private rented homes in the UK achieve an EPC (Energy Performance Certificate) rating of C or above by 2030 faces significant challenges, according to a recent analysis by Hamptons Lettings Agency. While the Conservatives...
Rent controls would force many to sell
Recent research conducted by Pegasus Insight highlights significant challenges in the private rental sector, particularly in England and Wales. Key findings indicate that: 82% of landlords are experiencing strong tenant demand, particularly in the South West, South...
Landlord has several rental properties seized
Merton Council in south London has seized several rental properties from a landlord who persistently failed to license them, marking one of the first instances of such an action in the UK. Using Interim Management Orders (IMOs), the council has taken temporary control...
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Calls for Labour MP Jas Athwal to Resign Amid Controversy Over Rental Properties
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Landlords Fined £18,000 for Illegal House in Multiple Occupation
Two landlords, Mr. Colin and Mrs. Susan Woodard, were fined a total of £18,000 after failing to comply with planning...