Propertymark has strongly endorsed Andy Burnham’s ‘Good Landlord Charter’ initiative in Greater Manchester, advocating for the inclusion of letting agents alongside private and social landlords. Here’s an overview of the key aspects and Propertymark’s stance: Overview...
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The Shifting Landscape of Britain’s Private Landlord Sector: Insights from Zoopla’s CEO
Introduction Becoming a private landlord in Britain is increasingly seen as financially unviable. Charlie Bryant, CEO of property listings website Zoopla, highlights how rising taxes, high mortgage rates, and stringent regulations are deterring individual buy-to-let...
Understanding Landlords’ Repairing Obligations Under Section 11 of the Landlord and Tenant Act 1985
Writing in Property118, Julie Ford had published an excellent article on landlords repairing obligations. The original can be seen here, and explains that the Landlord and Tenant Act 1985 is a cornerstone of English property law, providing essential guidelines for the...
Mayor Sadiq Khan’s Proposed Garden Paving Tax
Introduction London Mayor Sadiq Khan is considering the introduction of a new tax on homeowners who pave over their gardens. This proposal stems from concerns about increasing flood risks and environmental sustainability in the city. The London Climate Resilience...
Analysis of the Prime Rental Market in Britain: Q2 2024 Overview
Savills has presented its quarterly review of the rental market, concluding The prime rental markets have reverted to pre-pandemic patterns, but as the market cools, a closer alignment between tenants' and landlords' rent expectations will be vital. The original can...
Landlords’ Investment Concerns and Solutions: A Focus on Efficient Eviction Processes
Recent research by mortgage market specialist Pegasus Insight sheds light on the pressing concerns of landlords in the buy-to-let (BTL) sector and identifies key factors that could encourage increased investment. The findings highlight a significant preference for an...
Lloyds Bank Survey on First-Time Buyers and Non-Traditional Routes
Headed, Half (46%) of first-time buyers considering property purchase with friend or sibling, Lloyds Bank has released their findings. The key findings are: Willingness for Non-Traditional Routes: 51% of young first-time buyers are open to non-traditional methods of...
Summary: Building Safety Act 2022
Legal Protections and Obligations Leaseholder Protections: The Building Safety Act 2022 offers legal protections for leaseholders against historical building safety costs, covering all costs related to unsafe cladding systems and providing robust protections against...
Summary of the Latest English Housing Survey (2022-23)
Section 21 Use in Private Rentals: Tenant-initiated Moves: 63% of private renters who moved in the past year did so by choice, primarily for job-related reasons, larger properties, or better areas. Eviction Statistics: Only 9% of households moved due to...
Renters are getting older – do landlords need to adapt?
The Buy Association has published an article on the changing demographics of renters, and how landlords need to adapt. It can be seen here, and says that the demographics of the UK rental sector are shifting significantly, with notable increases in older renters....
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Propertymark urges Government to drop Section 24
Propertymark, a leading trade body for the property sector, is urging the UK government to repeal Section 24 in the...