Calls for empty homes to become available as rental stock
A membership body for the property sector has called for action on empty homes during National Empty Homes Week, which runs from February 28 to March 6. Propertymark has written to the Secretary of State for Levelling Up, Housing and Communities demanding action on empty homes to bolster much-needed supply in the private rented sector […]
Call for an Energy Saving Stamp Duty
The Energy Efficiency Infrastructure Group (EEIG) has written to the Chancellor, calling on the government to support a long-term, revenue neutral Energy Saving Stamp Duty Incentive. The coalition of industry groups, businesses and charities, which organisations working with landlords and tenants, aims to encourage property owners to future-proof their buildings against high energy bills. The […]
Almost 230,000 New Private Rented Homes are Needed Every Year
The UK needs almost 230,000 new private rented homes a year to meet government housing targets, according to a new report. The report, by economics consultancy Capital Economics and commissioned by the National Residential Landlords Association, says government targets amount to a need for 340,000 new homes a year by the middle of the decade. […]
Huge growth in buy-to-let sector
The country’s buy-to-let industry has grown substantially in value over the last five years, according to recent research by Octane Capital. The property finance company says the sector has increased by almost £240 billion, due to strong house price growth. Their research estimates there are 5.5 million private rental properties within the UK rental sector […]
Commercial landlords rise to the challenge
Commercial landlords are seeking new ways to attract tenants to meet the change in demand caused by the pandemic. This includes looking at shorter tenancies, letting options that give tenants a degree of flexibility and improving facilities within buildings. More than three fifths of the UK’s commercial landlords are struggling to attract tenants to traditional […]
New rules for owners of second homes
Changes have been announced that are set to target homeowners who leave properties empty rather than letting them out. Currently, owners of second homes in England are able to avoid paying council tax and can access small business rates relief by simply declaring an intention to let the property out to holidaymakers. This has led […]
Important cladding announcement
The government has recently reset its approach to building safety with a plan to protect leaseholders and make wealthy developers and companies pay to fix the cladding crisis. Secretary of State for Levelling Up Michael Gove has announced that no leaseholder living in their own flat should have to pay a penny to fix unsafe […]
New Guide to Preventing Property Title Fraud
A new guide to help property owners avoid property title fraud, where ownership can be stolen, has been released. The Fraud Advisory Panel, HM Land Registry and the Law Society of England and Wales say property title fraud can have a devastating impact and, though rare, can lead to people losing their homes. The scam […]
Supply of rental homes not meeting rising demand
New landlords considering letting properties next year will find strong demand for properties as supply is predicted to continue to remain low in 2022. Experts are predicting a continued drought of homes for rent and sale over the coming 12 months, according to the latest survey from the RICS (Royal Institution of Chartered Surveyors) UK […]
The National Landlord Investment Show
The National Landlord Investment Show (LIS) is back and will be returning to Old Billingsgate, London Bridge, for its first live London event in nearly two years. The event, a landlord and property investment exhibition, will take place at the London location on Tuesday, March 15, Tuesday, July 5, and Tuesday, November 2, 2022. Other events are […]