The RICS global Commercial Real Estate Market Monitor (Q3 2022) is indicating that the sector is in the early stages of a downturn. Thats according to around 81% of the surveys respondents in Q3 2022. It marks a significant increase from the previous quarter sample when just 11% of th
A concerned landlord has shared his frustration at the way councils manage problem tenants facing eviction by telling them to stay put while they are found alternative accommodation, informing the tenants that they will be making themselves 'intentionally homeless' if they move out. <p i
Continued demand for detached properties and a post-Covid resurgence in rent for flats has pushed annual increases in London above inflation. Average rents have accelerated by 4% to �1,499 during Q3 more than double the previous quarters rise and up 11% (�160) highe
The Rishi effect has started to impact mortgage rates just a day after the new PM was announced. As former Chancellor Rishi Sunak moves into number 10, some lenders have announced plans to drop their rates from tomorrow; Coventry Building Society is reducing its new busine
Nottingham landlords could face a �5,000 fine if their property doesnt have an EPC E rating as the city council bids to crack down on cold homes. The authority has agreed to adopt financial penalties under the Energy Efficiency (Private Rented Property in Engla
In this episode of The Property Cast, Eddie and Paul welcome energy expert and Head of Tenancy Services at Goodlord, Rik Smith. Drawing on his in-depth knowledge of the residential energy market, Rik cuts through the jargon to explain what is happening in the energy market at la
In this episode of The Property Cast, we discuss how landlords and agents can stay on top of their legal obligations. Landlords now have to meet 168 rules and regulations to let a property legally, but what are the latest legislative updates that landlords and agents need to kno
The Property Cast returns for 2022 and our first episode discusses what the Governments strategy is to achieve decarbonization of the private rented sector? What is the NRLA doing to support landlords? And what do landlords need to know? Eddie and Paul are joined by CEO of th
With inflation now into double figures, with all the financial shenanigans over the mini budget, the 10 year risk free bond yield at around 5 percent, its sending mortgages rates above 6 per cent, so how low will house prices go? It seems inevitable prices will fall, but by h
The formation of a new ‘powerhouse’ organisation to represent the commercial property sector including build-to-rent and co-living is under way, it has been announced.
Labour has confirmed that it will compel landlords of high street shops to rent out their premises if they stand empty for too long.
The NRLA is launching a new course, which will guide landlords through the new legislation.
Commercial property has been hit hard over the Covid period. Rightmove, with its copious amounts of data, has identified something of a turnaround
A former estate agent who founded one of the UK’s largest property firms has been named by Kemi Badenoch as shadow housing secretary.
The Government is to become a significant provider of affordable private sector rental homes with plans to build some 3,000 units under a new name, Habiko.
A landlord who forgot to chase up a licencing application for her rented property in London has paid a heavy price for her mistake after being ordered to return rent totalling £11,245 to her tenants.
Comment has been made the Chartered Institue of Health Officers, which says such schemes should be the key tool for improving PRS home quality.
Despite the overall good news, many landlords have remained in brace position and have reached out to exit the market and sell their buy-to-lets.
Few MPs stood to defend landlords during yesterday’s second reading of the Renters' Rights Bill in parliament, but a few did - with all of them being Conservative.
Landlords listing their properties for sale before potential capital gains tax rises are adding to a widening divide between supply and demand, report letting agents from around the UK.
The Renters’ Rights Bill is expected to fuel a surge in tenancy disputes following a 20% rise last year.
A big Midlands council has revealed plans to introduce an Article 4 direction across the borough while admitting that there is no strong link between HMOs and crime.
Lawyers have warned that an underfunded justice system will hinder any progress made in strengthening renters’ rights.
The biggest news to hit the private rental sector in 25 years is here: the Renters' Rights Bill. Scheduled for its second reading today, 9 October, this Bill is poised to reshape the landscape for landlords and tenants alike.
Here’s an initial reaction to the Renters’ Rights Bill, thoughts that could change as it progresses through parliament - the second reading is today.
A new funding pot has been announced to support energy efficiency improvements in England.
The Renters’ Rights Bill will become law ‘as soon as possible’ housing secretary Angela Rayner has promised as parliament debates her legislation for the first time.
A judge has massively increased the fines given to two HMO landlords who have failed in a legal challenge against their sentence.
Removing fixed-term tenancies will drive up rents as landlords switch to short-term lets, warns Propertymark.
A landlord with multiple properties in Bootle has been ordered to pay £22,630 for ignoring safety risks that left his tenants facing imminent danger.
A significant number of people seeking properties to rent are finding themselves excluded and forced to live in temporary accommodation, it has been claimed, as landlords be become more risk averse.
The Chartered Institute of Environmental Health (CIEH) has backed calls for better funding of councils’ housing enforcement and stronger selective licensing.
Landlords have criticised the Government’s plan to raise the minimum period of rent arrears from two to three months before they can be served notice to repossess.
The Welsh Government wants landlords to lease their empty properties to local councils in a bid to boost the number of affordable homes within its private rented sector.
Labour MP Florence Eshalomi has promised to hold the government to account in her new role as chair of the Housing, Communities and Local Government Committee.
Mansfield is the latest major district council to reveal plans for a large selective licencing scheme.
Auctioneers have urged the government not to increase Capital Gains Tax at a time when confidence is returning to the housing market.
A landlord struggling with an eviction has spoken out against the system which he says is heavily skewed in favour of tenants.
Almost half of landlords have sold a property in the last year or plan to do so, according to the latest sobering industry survey.
Tenants’ groups want the government to also introduce longer protected periods.
Property refurbishments are becoming increasingly important for landlords as the Government prepares to force the sector to upgrade properties to minimum levels of energy performance by 2030.
The majority of landlords (75%) are very concerned about plans to abolish no-fault evictions, labelling it “a catastrophe”.
A fed-up landlord wants the government to legislate for more stringent referencing after being hit by rent dodging and criminal tenants.
