Tag: Renters’ Rights Bill
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Landlords Hit with £700 Fees as More Councils Introduce Mandatory Licensing Schemes
If you’re a landlord in England, you could be facing hefty new costs. A growing number of councils are introducing ‘selective licensing’ schemes, which require landlords to pay for a special license just to rent out their properties. According to a Freedom of Information request, the average cost of these licenses is a staggering £700.…
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Labour Unveils Plans to Shake Up Housing Market with New Renters’ Rights and End to Leasehold
Big changes are on the horizon for homeowners and renters alike as King Charles delivered Labour’s first legislative agenda in Parliament. The speech, marking the second King’s Speech of his reign, outlined Labour’s ambitious plans to reform the housing market with three key bills: the Renters’ Rights Bill, the Draft Leasehold and Commonhold Reform Bill,…
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What Does the New Government Mean for Landlords?
The dust has settled on the election, and the Labour government is in. While many landlords might have breathed a sigh of relief when the Conservatives failed to pass their Renters’ Reform Bill, the new government is bringing its own plans to the table. The Big Questions for Buy-to-Let Labour’s manifesto was light on specifics…
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Portfolio Landlords Believe Election Won’t Shake Up Property Empire
Don’t worry, landlords! The upcoming election won’t send your buy-to-let empire crashing down, according to new research from Zero Deposit. 82% of landlords have kept their buy-to-let portfolios the same size, despite a barrage of changes from the Conservative government. These include tweaks to mortgage tax relief, heftier stamp duty on additional homes, and the…
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2024 Predictions for Landlords – Rising Rents, Mortgage Rates, and New Laws
2024 is shaping up to be a year of significant change for UK landlords. From rising rents to the implementation of new laws, landlords are facing a landscape that’s both challenging and evolving. Let’s break down the key aspects that landlords need to be aware of in the coming year. Mortgage Rates Increase Landlords have…
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Renters’ Reform Bill gets Second Reading
The Renters Reform Bill is set for debate in Parliament on Monday 23 October. This bill, if passed, will mark a new era in the private rented sector, particularly by revoking landlords’ ability to end tenancies through the infamous Section 21 notices. Gearing Up for Change: The Renters Reform Bill Explained Introduced under Theresa May’s…
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Renters’ Reform Bill: What Delay Means for Investors
The Renters’ Reform Bill, which has garnered significant attention recently, has experienced another setback in its journey through Parliament. For those considering dipping their toes into the property investment waters, or for current landlords, it’s essential to understand what this delay means, its implications, and the concerns surrounding it. Understanding the Recent Delay The Renters’…
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Renters Reform Bill: Student Support
The National Union of Students (NUS) is championing the Renters’ Reform Bill. They believe it’s a significant step forward in protecting the rights of renters, particularly students. Here’s what you need to know: 1. What the Bill Aims to Do: 2. Why Some People Are Worried: 3. Arguments from the Students: 4. The Larger Housing…