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Why the UK’s housing crisis will deepen as landlords flee

They say there is a housing crisis – and with good reason. Net migration to the UK reached an astonishing 906,000 in the year up to June 2023, far surpassing previous estimates.
Approximately 1.3 million individuals moved to the UK during this period

KRFI offers new BTL products to support landlords

Kent Reliance for Intermediaries (KRFI), part of the OSB Group, has introduced two new limited edition buy-to-let (BTL) product ranges to assist brokers in supporting their landlord clients.
The first range, designed to offer affordability, features l…

IMLA warns that more PRS regulation will bring rent hikes

The Intermediary Mortgage Lenders Association (IMLA) has issued a stark warning that increased government regulation on the private rented sector (PRS) could lead to significant rent hikes.
In its latest report, ‘Vital role of the Private Rented …

Government turns the screws on vulnerable tenants?

In 2007, the housing benefit rate for a three-bed home in Cleveleys, Lancashire was £520pm, today it is £623.30 or a 20% rise in 17 years.
The Bank of England kindly offers an inflation calculator which shows £523 in 2007 would cost £863 today

Renters’ Rights Bill will cost letting agents £400m

Letting agents in the UK are facing a huge financial blow, with government figures revealing potential losses of nearly £400 million over the next decade due to the Renters’ Rights Bill.
The Impact Assessment, published by the Ministry of Housing

House prices to rise ahead of stamp duty hike

House prices are set to rise next year as buyers rush to beat stamp duty changes.
According to Zoopla’s House Price Index, house prices will rise by 2.5% in 2025, and by 7.5% over the next three years.

NRLA warns landlord database will fail tenants

The NRLA has criticised the government’s plan for a landlord database as “bureaucratic”.
Under the Renters’ Rights Bill, a private rented sector database is set to be established, which the government claims will “give assurances to tenants”.

Renters’ Rights Bill could prohibit advance rent payments

The Labour government is considering banning landlords from accepting advance rent payments from tenants.
During a question to Housing Minister Matthew Pennycook, Dr Simon Opher, Labour MP for Stroud, asked whether the Renters’ Rights Bill would prohi…

Blackpool approves selective licensing scheme

Blackpool Council has approved a new selective licensing scheme which will come into effect on 1 April 2025.
It says the scheme will address poor management practices by some private landlords and ensure higher standards for tenants.

Housing enforcement experts slam ‘misleading’ prosecutions report

A leading firm of landlord and housing law experts has slammed a recent report suggesting councils in England and Wales are failing to adequately address landlord misconduct as ‘misleading and inaccurate’.
The report, published by Public In…

Housing enforcement experts slam ‘misleading’ prosecutions report

A leading firm of landlord and housing law experts has slammed a recent report suggesting councils in England and Wales are failing to adequately address landlord misconduct as ‘misleading and inaccurate’.
The report, published by Public In…

Aldermore eases its buy to let remortgage criteria

Aldermore has announced a relaxation of its buy to let remortgage criteria for properties purchased within the last six months.
The move is designed to provide landlords with greater flexibility and potentially unlock funds for further property invest…

Wired Smoke Alarm on standard 2 bed 1900s terraced property?

The Local Authority is insisting I have a wired smoke alarm fitted (England) and a new EICR once completed (just got a new one !). It currently has interlinked wireless alarms and threatening enforcement notice
My question is –

Electric vehicle manufacturers can’t meet government ‘EPC’ targets yet landlords are expected to

With electric car manufacturers threatening to pull out of the UK over strict EV targets, why are landlords still subject to EPC rules when they are hurting both landlords and tenants?
Under the current mandate, a percentage of cars that firms sell mus…

Electric vehicle manufacturers can’t meet government ‘EPC’ targets yet landlords are expected to

With electric car manufacturers threatening to pull out of the UK over strict EV targets, why are landlords still subject to EPC rules when they are hurting both landlords and tenants?
Under the current mandate, a percentage of cars that firms sell mus…

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