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Welsh Housing Minister to speak at RLA Wales conference

THE Welsh Housing Minister, Julie James AM, will address landlords, agents and property professionals at the Residential Landlord Association’s Future Renting Wales conference next month.
The third annual conference, in Cardiff, will be held at the cit…

RICS fine Countrywide £100,000 over client money security

Yesterday the 30th October Countrywide Residential Lettings Nottingham faced a RICS Disciplinary Panel Hearing to defend the following charges:
“Between 2008 and 2018, the Firm transferred a sum of £10,093,866 of client funds, representing unclai…

Scariest property price drops

The UK’s worst Halloween house price drops and the cost of buying with a Halloween road name
The latest research by national fast sale estate agent, Springbok Properties, has looked at where UK homeowners are in for the biggest fright this Halloween wh…

A positive vision for the PRS

Too much attention is given to the idea that the sector is a problem which requires management. Instead the Residential Landlords Association argues that what is needed is a positive, ambitious programme for the sector which supports tenants and good l…

Modest UK house price growth in October

Annual house price growth remained subdued at 0.4% while October saw a modest 0.2% rise month-on-month, after taking account of seasonal factors.
Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said:
“Annual house price g…

‘Stay Put’ policy still not changed

Grenfell Tower Phase 1 report response by Matt Wrack, general secretary of the Fire Brigades Union:
“The Inquiry’s interim report must finally be a turning point for fire safety in the UK. Warning after warning from previous fires were ignored;
The pos…

First-time buyer sales hit 7 month high

NAEA Propertymark has now released its September Housing Report and the number of sales made to First-time buyers increased in September, to 30%. This is the highest figure seen since February.
Year on year, this is an increase of 36 percentage points …

Private landlord tax vs that of a private hotelier

This case study illustrates just how unfair the UK tax legislation will become for private landlords as of April 2020.
Perhaps more importantly, it provides insight into what can be done to “level the playing field”.
The post Private landlo…

Breaking Section 21 News – The plot thickens!

The plot has thickened with regard to what will happen to Section 21. Yesterday, Esther McVey made the following statement with regard to its proposed scrapping:
‘In April this year the government announced that it proposes to consult on the future of …

Beware of Bats

Beware of bats this Halloween as over the winter months bats hibernate to stay out of the cold weather and residential buildings, in particular, present an ideal warm roosting site for female bats to rear their young.
Scotland is home to nine species o…

Countrywide accused of failing to secure £10m of client funds

Countrywide Residential Lettings Nottingham are due before a RICS Disciplinary Panel Hearing on the 30th October at 10am.
The formal charges are quoted on the RICS website:
“Between 2008 and 2018, the Firm transferred a sum of £10,093,866 of clie…

New Building Safety Regulator

Dame Judith Hackitt has been named as the government adviser on the new Building Safety Regulator, which will have the power to apply criminal sanctions to those breaking the new rules.
A respected expert in building safety, Dame Judith Hackitt will pr…

Government needs to make the market more attractive for landlords

ARLA Propertymark’s Private Rented Sector (PRS) report has just been released for September.
The number of tenants experiencing rent rises remains high overall with 58% of agents reporting an increase in rent prices, which  is up from 31% in September …

Access to electrical cupboard withheld?

I have a few apartments. The electrical meters etc. are communal and outside in a cupboard. The management agent refuses to let me have keys. I have asked many times.
So, the inevitable happens. Out of hours, my pregnant tenant loses power.
The post Ac…

Rent controls dry up supply and hurt tenants

Rent controls hurt tenants by drying up the supply of homes to rent and in some cases increasing rents according to new research published today. With the Mayor of London calling for the power to introduce rent controls across the capital
The post Rent…

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