Browsing all articles from November, 2023
Nov
9

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.

View Full Article: MP urges court reform to protect landlords before S21 is abolished

Nov
9

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.

View Full Article: Change to LA’s HMO quantity – valid reason for tenant’s action?

Nov
9

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

Nov
8

King Charles confirms plans for abolishing section 21 ‘no-fault’ evictions

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King Charles has delivered his first King’s Speech as monarch, setting out the government’s legislative agenda for the year ahead.

The speech outlined 21 bills that ministers aim to pass in the next Parliamentary session, which will last until autumn 2024.

View Full Article: King Charles confirms plans for abolishing section 21 ‘no-fault’ evictions

Nov
8

Angela Rayner accuses Conservatives of neglecting housebuilding

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Labour has promised “to achieve more on housing in six months than the Tories have in six years”.

Shadow Housing Secretary Angela Rayner vowed a Labour government would abolish no-fault evictions and support house building.

In her commitment to addressing the housing crisis

View Full Article: Angela Rayner accuses Conservatives of neglecting housebuilding

Nov
7

One in three landlords are planning to incorporate

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A third of landlords who own rental property in their personal name are planning to switch to a limited company structure in the next three years, research reveals.

Paragon Bank says it surveyed more than 1,000 landlords and also found that 37% said it was unlikely that they would incorporate.

View Full Article: One in three landlords are planning to incorporate

Nov
7

Right to manage company adding a director?

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Hi, We have a RTM (Right to Manage) Ltd company running our block, of which out of the 12 properties, 6 owners are directors who set up the company and paid all the fees to take over – approx £4k.

View Full Article: Right to manage company adding a director?

Nov
6

The Times wants to speak to student landlords

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Are you a student landlord who is selling up as you find it unprofitable? Then, Ali Hussain, The Times and The Sunday Times chief money reporter would like to speak with you.

Mr Hussain would like to speak to Property118 readers about:

  • Why are or were you invested in student accommodation?

View Full Article: The Times wants to speak to student landlords

Nov
6

Shelter slams the prospect of charity fines for handing out tents

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Homeless charity Shelter has hit out at the prospect of charities being fined for dishing out tents to homeless people under government plans – which could be revealed in tomorrow’s King’s Speech, the Sunday Times reveals.

The paper quotes Shelter’s chief executive Polly Neate as saying: “Living on the streets is not a lifestyle choice.

View Full Article: Shelter slams the prospect of charity fines for handing out tents

Nov
6

Councils spend £1.74 billion on temporary accommodation for the homeless

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The Local Government Association (LGA) has warned that homelessness has reached record levels, with 104,000 households living in temporary accommodation at the end of March 2023.

This is an 89% increase over the past decade and the highest figure since records began in 1998.

View Full Article: Councils spend £1.74 billion on temporary accommodation for the homeless

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