Landlords’ Rights Bill: Let’s tell the government what we want

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Since this is the time for reflection on what has happened this year and thinking about New Year resolutions, I think that since no-one else is going to put our side of what tenants should be expected to do, I think we should put together a Landlords’

View Full Article: Landlords’ Rights Bill: Let’s tell the government what we want

2025 will be crucial for leasehold reform as secondary legislation takes shape

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Despite positive news regarding the Leasehold Reform Act, more work needs to be done in 2025, claims one firm.

The Association of Leasehold Enfranchisement Practitioners (ALEP) is calling on the government to end the uncertainty for more than five million leasehold flat owners in England.

View Full Article: 2025 will be crucial for leasehold reform as secondary legislation takes shape

Reeves inflationary budget puts mockers on Bank Base Rate reduction

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With inflation now running above the 2% target rate at 2.6%, the Bank of England Monetary Policy Committee (MPC), voted by a surprisingly large split of 6 – 3 to hold the Base Rate at 4.75%.

This is counter to the Federal Reserve yesterday announcing a third reduction this year of 0.25% with a range of 4.25% –

View Full Article: Reeves inflationary budget puts mockers on Bank Base Rate reduction

How to Avoid SDLT Hikes In 2025

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Avoid £10,000+ in stamp duty hikes on investment properties in 2025!

Discover three expert strategies to navigate the upcoming changes in UK property taxes. Learn how to leverage commercial and mixed-use properties, identify uninhabitable properties, and explore property trader relief to minimise your stamp duty costs.

View Full Article: How to Avoid SDLT Hikes In 2025

Shelter Scotland slams council for stripping homeless households of ‘human rights’

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In an unprecedented move, Shelter Scotland has urged Scottish Ministers and the Scottish Housing Regulator to intervene and remove the leadership of Edinburgh City Council, accusing them of “stripping homeless households of their basic rights.”

The row centres on a council meeting in December

View Full Article: Shelter Scotland slams council for stripping homeless households of ‘human rights’

Labour cracks down on landlords forcing them to rent out empty properties

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Landlords could be forced to rent out empty properties under new powers announced by the Labour government.

The English Devolution White Paper reveals councils will be given powers to take over vacant rental properties.

The plans lack detail about the specific new powers but are expected to resemble Labour’s recently introduced High Street Rental Auctions scheme.

View Full Article: Labour cracks down on landlords forcing them to rent out empty properties

Propertymark says NI housing supply strategy lacks ‘ambition’

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Propertymark has welcomed the Department for Communities’ housing supply strategy for Northern Ireland but has criticised its lack of ambition.

The strategy for 2024-2039 was approved by the Northern Ireland Executive on 5 December and outlines a 15-year framework to boost new home construction.

View Full Article: Propertymark says NI housing supply strategy lacks ‘ambition’

Easier landlord licensing schemes ‘Makes no sense’

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Local authorities in England and Northern Ireland are to get powers to implement selective licensing schemes without seeking approval from the Secretary of State.

The new rules take effect from 23 December with councils still needing to consult with the public for at least 10 weeks before implementing a scheme.

View Full Article: Easier landlord licensing schemes ‘Makes no sense’

Fewer PRS homes in 2025 as BTL lending set to fall

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A predicted decline in BTL lending to private sector landlords may reduce the number of homes to rent in 2025, UK Finance says.

The trade association for mortgage lenders has published an outlook for the buy to let market in 2025 which it describes as ‘challenging’.

View Full Article: Fewer PRS homes in 2025 as BTL lending set to fall

Landlords leave the market as buyers rush to beat stamp duty changes

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The New Year will see buyers race to beat stamp duty changes and more landlords selling up, according to Propertymark’s latest Housing Market Insight report.

Propertymark reveals that despite static rental prices, many landlords are struggling to break even as rising mortgage rates and costs force rent increases to cover expenses.

View Full Article: Landlords leave the market as buyers rush to beat stamp duty changes