Property industry reaction – Spring Budget 2024

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Industry leaders in the property and finance sector have reacted to the Chancellor’s Spring Budget.

The Spring Budget is seen as the last chance to woo voters before the upcoming General Election this year.

Announcements included a crackdown on holiday lets

View Full Article: Property industry reaction – Spring Budget 2024

Scottish Greens hit back at landlord claims

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A political party has hit back at claims made by the Scottish Association of Landlords which said that 22,000 homes have disappeared from Scotland’s private rented sector (PRS).

The Scottish Greens says the landlords are offering ‘misleading claims’.

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Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

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As the UK government struggles to help landlords facing tough financial situations, landlords have rallied together to help themselves.

This year is the year of the sale: with landlords rushing to sell up their property portfolios to either get out

View Full Article: Could American “mega-landlords” buying portfolios be the lifeline British landlords need to get out?

Landlord fined for ignoring gas safety rules

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A court has fined a landlord almost £1,500 for neglecting her gas safety obligations and ignoring council warnings.

Tracey Robinson, from Cold Hesledon, Seaham, was the landlord of a terraced house in Sorley Street, Sunderland.

She failed to produce a gas safety certificate and other documents as required by the Housing Act 2004.

View Full Article: Landlord fined for ignoring gas safety rules

Chancellor targets holiday lets in £300m tax crackdown

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Chancellor Jeremy Hunt is expected to announce a £300 million tax crackdown on second-home owners who rent out their properties to tourists in the Budget, The Sunday Times reports.

He will scrap a series of tax breaks for landlords who use the furnished holiday lets (FHL) regime

View Full Article: Chancellor targets holiday lets in £300m tax crackdown

The landlord vote – who gets it?

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Hi, as a landlord with over 20 years of experience in this business, I realise that we are not all made from the same cloth and we do not all hold the same political beliefs.

Some of us are right-wing leaning and some left-wing but I hope we all have an interest in a balanced and workable PRS that meets the needs of tenants whilst preserving a landlord’s rights to his or her property.

View Full Article: The landlord vote – who gets it?

Mayor of London condemns government inaction as no-fault evictions soar

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More than 30,000 renting households in London have faced a no-fault eviction claim since the government pledged to abolish them in 2019, according to new figures.

Figures from the Ministry of Justice reveal the number of ‘no-fault eviction’ claims has risen 62% in the last year from 7,057 in 2022 to 11,457 in 2023 in London.

View Full Article: Mayor of London condemns government inaction as no-fault evictions soar

Lack of building control sign-off for attic used as holiday let?

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Hi, I am meant to have exchanged this week on a property which has had the attic converted to a holiday let (1 bedroom, Kitchen, Bathroom and Sitting Room) in either 1999 or 2000.

It has been rented ever since and has separate council tax

View Full Article: Lack of building control sign-off for attic used as holiday let?

Council leaders call for longer eviction notice periods to prevent homelessness

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Council leaders from across the political spectrum have asked the housing secretary, Michael Gove, to support an amendment to the Renters (Reform) Bill that would give tenants more time to find a new home if they are evicted.

Sky News says it has obtained a letter

View Full Article: Council leaders call for longer eviction notice periods to prevent homelessness