November 2023 – Property & Housing Market Update

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Latest housing & property market update for November 2023, including housing market predictions for 2024. This is a live presentation by renowned property expert, Andrew Roberts.

It was delivered to an audience of over 300 property investors at the Baker Street Property Meet.

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A new wave of investors rush in to buy properties off landlords looking to sell

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After a slew of bad news, this week’s headlines come as a welcome relief for landlords looking to sell. The Telegraph reported that despite higher rates and regulatory risks around rentals, a wave of new investors had entered the market

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MP urges court reform to protect landlords before S21 is abolished

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Theresa Villiers MP has spoken in favour of the Renters (Reform) Bill and warned the government needs to address the court delays before abolishing Section 21 – ‘no-fault’ evictions.

Ms Villiers was speaking during the debate following the King’s Speech to Parliament and said that she supports the Bill.

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Change to LA’s HMO quantity – valid reason for tenant’s action?

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Hi, the situation: Landlord has rented out their 4-bed house to 4 tenants for a number of years, but now needs to sell the property. S21s were issued, and all the tenants left.

One ex-tenant has now threatened to sue the LL due to a recent change in the local authority’s occupant number that constitutes an HMO.

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Londoners face homelessness crisis due to housing benefit freeze

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Up to 60,000 Londoners who rent privately are at risk of becoming homeless in the next six years unless the government increases the housing benefit they receive, a new report warns.

The report, commissioned by London Councils, a cross-party group representing the 32 boroughs and the City of London

View Full Article: Londoners face homelessness crisis due to housing benefit freeze