Angela Rayner tells Shelter: Labour will ban no-fault evictions

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Angela Rayner has promised a Labour government will immediately end Section 21.

Ms Rayner claims the Tories “have completely failed a generation of renters” by not passing the Renters (Reform) Bill.

Housing charity Shelter met Ms Rayner in Darlington on the general election campaign trail.

View Full Article: Angela Rayner tells Shelter: Labour will ban no-fault evictions

TMW and MFS launch new tools for landlords

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The buy to let market for landlords is receiving a boost with new offerings from both The Mortgage Works (TMW) and Market Financial Solutions (MFS).

The Mortgage Works, a specialist BTL lender, is launching a new tool specifically designed to help brokers working with portfolio landlords.

View Full Article: TMW and MFS launch new tools for landlords

NRLA chief calls on the next government to instigate a new Renters (Reform) Bill

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After seeing five years of hard work in shaping the Renters (Reform) Bill for the private rented sector (PRS) evaporate when the general election was called, the next government must work ‘from scratch’ on a new law.

That’s the verdict of Ben Beadle

View Full Article: NRLA chief calls on the next government to instigate a new Renters (Reform) Bill

Rightmove urges politicians to focus on housing affordability and EPC initiatives

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Rightmove has outlined a series of urgent priorities it wants to see from the incoming government, including sustainable housing policies and action to force landlords to improve the EPC rating of their properties.

The property portal questioned more than 14,000 homeowners and renters –

View Full Article: Rightmove urges politicians to focus on housing affordability and EPC initiatives

What will happen when Labour re-introduce the Renters Reform Bill?

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This is purely hypothetical at the moment but just imagine what could happen when Labour introduce their own version of the Renters Reform Bill. Imagine a scenario.

Labour have got in to 10 Downing Street, and Angela Rayner decides that all private renters should benefit to the same extent as she has

View Full Article: What will happen when Labour re-introduce the Renters Reform Bill?

Small landlords generate £45 billion for the economy

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A report by PwC shines a light on the significant contribution of small and medium-sized landlords in England and Wales to the UK economy.

It was commissioned by the National Residential Landlords Association (NRLA) and Paragon Bank, and it estimates the economic impact of landlords at a staggering £45 billion annually.

View Full Article: Small landlords generate £45 billion for the economy

Shelter reveals that social rents are 60% cheaper than in the PRS

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Social housing tenants enjoy rents that are 60% cheaper than private rented sector (PRS) tenants are paying, Shelter says.

The charity says the difference is £828 per month, on average, and is calling on all political parties to build more affordable social homes.

View Full Article: Shelter reveals that social rents are 60% cheaper than in the PRS

Goodbye Renters (Reform) Bill: Unloved and unwanted but the fight goes on

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Other than Ben Beadle, are there any landlords who will be mourning the demise of the Renters (Reform) Bill?

It was unwanted by landlords and agents; it would have brought destruction and the big issue I warned about when the final version began its rocky route through Parliament didn’t come to pass.

View Full Article: Goodbye Renters (Reform) Bill: Unloved and unwanted but the fight goes on

Capital Gains Tax Question – PPR Title Splitting

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Hello

I have a capital gains tax question.

Someone owns a home and they have lived in it the whole time. They have built a large extension which, with very little work, can be made into a separate dwelling. If they were to get the title split and a separate supply of electricity and water
View Full Article: Capital Gains Tax Question – PPR Title Splitting

Buy to Let by Foundation cuts its BTL mortgage rates

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The buy to let brand of Foundation Home Loans, Buy to Let by Foundation, has announced reduced rates on its buy to let products.

The lender is offering competitive rates for both portfolio and non-portfolio landlords

View Full Article: Buy to Let by Foundation cuts its BTL mortgage rates