Is Modular Development Dead In 2024?

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Modular housing, once touted as a time and money saver for property developers, is now not looking like such a great property investment.  Join Ranjan Bhattacharya and Andrew Roberts as they ponder whether there is a way back for modular development.

View Full Article: Is Modular Development Dead In 2024?

Lambeth council proposes UK’s most expensive selective licensing scheme

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A London borough unveils a controversial plan, in a bid for better standards.

Lambeth Council are launching a consultation on a proposed selective licensing scheme for the city.

Landlords in the area could have to pay a whopping £923 per property in 23 of its 25 wards beginning in September 2024

View Full Article: Lambeth council proposes UK’s most expensive selective licensing scheme

Who accepts responsibility for poor building works?

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Hello, I am the landlord of a property which is divided into two flats, I am also the owner/leaseholder of one of the flats with an overseas leaseholder owning the other. As a landlord it is my obligation to make sure the building is insured and I request the 50% share from the overseas leaseholder

View Full Article: Who accepts responsibility for poor building works?

EPCs, COP28, and beyond: ihowz’s proposes energy plan for landlords

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One organisation is warning landlords are being left in the dark when it comes to Net Zero.

Landlord organisation ihowz argues there is no clear roadmap for landlords when it comes to energy efficiency and is calling on the government to issue guidance.

View Full Article: EPCs, COP28, and beyond: ihowz’s proposes energy plan for landlords

Halifax predicts UK house prices will fall 2-4% in 2024

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Halifax, the UK’s leading mortgage lender, is forecasting a steeper drop in house prices for 2024 than was seen this year, ranging from 2% to 4%.

In 2023, the average house price was £283,615, only 1% lower than 2022

View Full Article: Halifax predicts UK house prices will fall 2-4% in 2024

Renters on high salaries increasingly asked to provide guarantors

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There has been a significant increase in the number of renters on high salaries being asked to provide guarantors, a survey reveals.

The findings from the RentTech platform Goodlord come from analysing 783,000 tenants who submitted a tenancy application between January and September in 2020

View Full Article: Renters on high salaries increasingly asked to provide guarantors

‘Christmas cheer’ as BOE interest rates remain unchanged

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The Bank of England has held firm as interest rates remain unchanged at 5.25%.

The decision, which was widely expected by financial markets, means borrowing costs will remain at their highest level for 15 years.

The Bank had previously raised rates 14 times in a row to tame inflation but has left the last two interest rate decisions the same.

View Full Article: ‘Christmas cheer’ as BOE interest rates remain unchanged

We’ll purchase your property portfolio for cash before Christmas

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It’s almost the end of the year, and for landlords who can’t afford to wait and need cash now, Landlord Sales Agency are here to help.

After seeing an increased number of landlords dealing with financial matters plus property sales with issues that could take months to resolve

View Full Article: We’ll purchase your property portfolio for cash before Christmas

Landlords’ complaints over councillor’s ‘entitled parasites’ comment dismissed

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An independent councillor who referred to private landlords as ‘entitled parasites’ on social media has had complaints against him thrown out by an ethics watchdog, the Edinburgh Evening News reports.

Coun Ross McKenzie made the comments during a discussion about new short-term let regulations –

View Full Article: Landlords’ complaints over councillor’s ‘entitled parasites’ comment dismissed

What is a Family Investment Company?

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I posed the question “What is a Family Investment Company?” to Chat GPT recently and was pleasantly surprised with the accuracy of its response, as follows: –

“A family investment company (FIC) is a private limited company that is established by a family or group of individuals to manage and control their collective wealth.

View Full Article: What is a Family Investment Company?