Leasehold and Freehold Reform Act Q&As By Mark Chick Director of ALEP (Association of Leasehold Enfranchisement Practitioners) What is in the Leasehold and Freehold Reform Act 2024? Essentially, all of the much talked about changes are there including the...
News
New HMO mortgage announced
Fleet Mortgages has made significant updates to its mortgage offerings specifically designed for houses of multiple occupation (HMOs), effective from August 23, 2024. These changes aim to provide more flexibility and competitive options for landlords who are either...
Chancellor criticised for rent rises
The reported plan by Chancellor Rachel Reeves to allow social rents to rise annually by the Consumer Price Index (CPI) measure of inflation plus 1% for the next decade has sparked significant concern and debate. While the move is intended to accelerate the building of...
Last chance to participate in Reading licensing consultation.
The consultation by Reading Council on HMO and Selective Licensing. The last date to participate is this Thursday (29/8/24) - more details can be seen here. Landlords would be required to pay a standard fee of £950 for the HMO licence. This However, a higher fee...
Labour to crack down on short-term holiday lets
Labour is pushing forward with plans to implement stricter regulations on short-term holiday lets, following a trend already seen in other parts of the UK. The proposed measures include giving local councils in England the power to require planning permission for...
E-Bikes in Rental Properties: Key Considerations for Landlords
Writing in Property118, Julie Ford has written an excellent article on the matters landlords should consider regarding the danger of e-bike fires in rental property. It can be read in full here, and says: As e-bikes and scooters become increasingly popular, especially...
Nearly a quarter of Lewisham Council’s homes do not meet the Decent Homes Standard
A regulatory notice issued by The Regulator of Social Housing (RSH) regarding the London Borough of Lewisham (Lewisham Council) reveals significant concerns about the council's management of its housing stock and services. The RSH found that Lewisham Council is...
Landlord banned for 3 years
Southend-on-Sea Council has imposed a significant ban on rogue landlord Ruhul Shamsuddin, preventing him from letting or managing properties, either directly or through his agencies, until June 2027. Shamsuddin, the owner of Lordsons Estates, Lordsons Limited, and...
Local authority data: housing supply
The House of Commons Library has released a report that provides data on housing supply for district-level and unitary local authorities in England. The report can be seen here, and is interactive. So for example, if you choose Brighton, you will get the following...
Chancellor Rachel Reeves Poised to Announce 10-Year Social Housing Rent Increase Plan
Reports from reliable sources in the housing and mainstream media suggest that Chancellor Rachel Reeves is preparing to unveil a significant shift in social housing rents. The upcoming October Budget is expected to introduce a 10-year rent formula that will guide...
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Some councils object to Labours housing targets
Councils in rural and county areas of England, represented by the County Councils Network (CCN), have expressed...
Nationwide – House Prices released
The latest survey from Nationwide showed that house prices grew at their fastest annual rate in two years in...
Fuel Poverty expected to impact homes this winter
Almost half of British adults will ration their energy use this winter, a survey has found, as energy bills will rise...