October 26, 2020 UK Housing Market There’s been a huge rise in buying, selling and letting activity across the UK in recent months. With the housing market “running hot”, 2020 should see a strong end to the year in property. The surge of activity that has taken place across the UK property sector over the past few months has been unprecedented. A new report from consultant TwentyCi reveals that transaction levels are now the strongest they...
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13TH OCTOBER 2020 PROPERTY NEWS AUTHOR RYAN BEMBRIDGEThe upcoming investigation by HM Revenue and Customs (HMRC) into Airbnb landlords could result in a significant exodus of landlords from the short term letting sector, property management firm Apropos has warned.Airbnb has passed on the financial transactions of 225,000 people who rent out homes and rooms through its site, which could potentially result in landlords having to pay substantial bi...
24TH AUGUST 2020 PROPERTY NEWS, UKBY RYAN BEMBRIDGE Landlord and property groups are unimpressed with the government’s latest extension of the tenant evictions ban. The government was accused of delaying the inevitable, while there was frustration at how the ban was extended at the 11th hour. The ban was due to expire at the end of this week but has been extended by four additional weeks. Oli Sherlock, head of insurance ...
May 13, 2020 UK Housing Market Over the past few weeks, there has been a surge in new properties listed for sale as well as plans for future viewings. Now with news of a housing market revival, this trend is likely to keep climbing. Property listings on Rightmove and Zoopla hit an all-time low between 1st and 17th April, with just 47 new listings coming to market. This is according to figures compiled by Brief Your Market loo...
Published May 12, 2020Trending News, UK Housing Market-Eleanor Harvey On Sunday, Boris Johnson revealed the UK government’s “lockdown easing plan”. Some things will be changing from tomorrow, but how will this affect the property sector? Boris Johnson’s speech at the weekend was unsurprisingly met with a range of reactions from members of parliament, business leaders and members of the public. Much of the criticism pointed to a lack of ...
Article Published by BuyAssociation online on 30th April 2020 A new report released by Savills explores some interesting trends in the UK housing market. It also reveals the latest predictions across renting and buying. Over the first 15 years of the 2000s, the number of private rented households in England more than doubled. Meanwhile, mortgaged homeowner numbers dropped by around 1.5 million. Homeownership stopped being a to...
Coronavirus: demand for rented homes bounces back by 30% in two weeks By Property News team- April 21, 2020 https://www.zoopla.co.uk/discover/renting/coronavirus-demand-for-rental-homes-bounces-back-zoopla-rental-market-report/ Demand for homes to rent has grown by 30% after initial decline in the wake of coronavirus. Our Rental Market Report examines the resilience of the rental market in 2020. Rental market bounce back The impact o...
Published online 23rd April 2020 by Eleanor Harvey of BuyAssociation The UK is still in lockdown, but the country’s rental accommodation is still in demand. Here’s what’s been happening in the UK rental market. Both tenants and landlords alike will be keen to know what the future holds in the country’s rental market. Due to COVID-19, the UK’s lockdown is expected to continue for several more weeks, if not longer. After this, it is unclear ...
Residential Market Outlook: Week Beginning 6 April 2020Written By: Liam Bailey, Knight Frank Assessing Covid-19’s impact on the UK housing market Summary The UK government’s response to the Covid-19 pandemic has utterly transformed the current economic and housing market landscape. The big question is what will its longer-term impact be?The outlook we set out below confirms a sharp fall in activity. Looking beyond the shor...
Written For letting Agent Today By Graham Norwood- 7th February 2020 The government’s hugely-publicised database for rogue letting agents and landlords has been running for almost two years and has…wait for it…just 22 entries. The This Is Money service from the DailyThe government’s hugely-publicised database for rogue letting agents and landlords has been running for almost two years and has…wait for it…just 22 entries. The This Is Money service...
Property Intelligence 2019Findrs Keepers - published October 2019 Renewals – a new normalAcross all offices we have seen an increase in the number of tenants renewing. In Quarter 1 we reported a change in behaviour with tenants negotiating more on rent or length of tenancy. With the same thing happening in Q2 and Q3 it’s safe to say that this seems to be the new ‘normal’. As with new tenancies, the landlords who are being sensible and ...
Article by guildy | 27 Sep 2019 | 2020, New Legislation Landlords Urged to Sell Now to Beat Higher CGT Bills Buy to let landlords who have rented out a home where they once lived are urged to sell up quickly to avoid higher tax bills. Capital gains tax rules are due to change from April 6, 2020 that will take a larger bite from their sell-on profits. CGT will impact landlords selling homes by – Scrapping lettings relief that allows each owner to ...
ADAM WILLIAMS- THE TELEGRAPHFollow 19 JULY 2019 Everybody would like lower energy bills and bargain rents. But given political interference has not led to more resaonable gas and electricity charges, why does London mayor Sadiq Khan think he can deliver cheaper housing costs? Mr Khan plans to make rent controls a cornerstone of his 2020 election bid. He proposes setting up a commission that will cap the amount tenants ...
By LandlordZONE -9th September 2019 Lets for Pets: The introduction of the tenant fees ban has also introduced uncertainties for landlords and tenants around the issue of letting with pets. ...
By LandlordZONE -6th September 2019 Right-to-buy: Right-to-buy was a main plank in the Thatcher era property owning democracy drive, when the Conservatives introduced laws to allow council tenants to buy their homes at discounted prices. David Alexander, MD of DJ Alexander, Letting and Estate Agents in Edinburgh and Glasgow, says, perhaps what’s good for the goose, is good for the gander? Why shouldn’t the shadow Chancellor o...
By LandlordZONE -10th September 2019 Renting Policy: Perhaps not surprising with all that’s going on in Government that they’re eye is being taken off the ball with the rental market, but as it’s a crucial housing and election issue there’s really no excuse. According to a former member of the Bank of England’s Monetary Policy Committee, David Miles, the Government’s approach to the private rented sector is “incoherent”...
GAURDIAN ONLINE 27TH JUNE 2019Construction of affordable homes for staff and students to take place over next decade First-time buyers in Oxford need to earn £68,800 a year and have a deposit of more than £100,000. Photograph: Arsty/Getty Images/iStockphotoLegal & General has teamed up with Oxford University in a £4bn partnership to build science parks and thousands of homes for staff and students over the next decade. The insurance and pensi...
PUBLISHED GUARDIAN ON LINE 21 JULY 2019 Campaigners have welcomed government plans to open up its rogue landlord database to prospective tenants, as part of proposals to give greater protection to renters. A package of reforms published for consultation includes proposals to stop no-fault evictions, which the charity Shelter has described as “far and away the most important thing the government can do” to help renters. ...
ARTICLE PUBLISHED IN THE GAURDIAN ON LINE 24 aPRIL 2019MPs have demanded landlords and letting agents end the practice of screening out people on benefits after hearing claims that “no DSS” clauses have become the 2019 equivalent of “no blacks, no Irish, no dogs” notices.During a hearing into the widespread refusal of landlords to rent properties to those on benefits, the Commons work and pensions select committee on Wednesday confronted the dire...