Report recommends all leaseholders don’t foot the bill
The Levelling Up Committee’s Report highlights too many leaseholders will fall through the cracks of the UK Government’s ‘piecemeal measures’ to protect leaseholders from the costs of building safety remediation.
Leaseholders of multiple properties must pay remediation work
During the Levelling Up, Housing and Communities Committee session on building safety remediation and funding, Michael Gove — Secretary of State for Levelling Up, Housing and Communities — confirmed leaseholders who own “a string of properties” would not be protected.
Leaseholders further protected from cladding removal costs
New powers announced by the Secretary of State for Levelling Up, Housing and Communities will allow cladding companies to be sued and subject to fines for defective products, as protections for leaseholders are extended.
Propertymark presses for clarity on cladding funding
In a letter to Michael Gove, the Secretary of State for Levelling Up, Housing and Communities, Propertymark is seeking urgent clarification that financial support to fix dangerous cladding will be made equally available to all affected leaseholders, including buy-to-let landlords.
Property market supply and demand disparity is “unsustainable”
HOUSING MARKET REPORT: The number of available properties per branch has decreased to 21, the lowest figure on record and 46 per cent lower than October 2020.
Celebrating 25 years of Buy-to-Let mortgages
The Buy-to-Let (BTL) mortgage product has bolstered the sector ever since it’s introduction in 1996, spearheaded by the Association of Residential Letting Agents (ARLA).
Market outlook is strong
With the demand for rental property on the increase and the sales market experiencing a significant rise in mortgage applications, lockdown hasn’t been a deterrent for buyers and renters determined to make a change.
More support for Universal Credit announced in Summer Statement
In his Summer Statement today, the Chancellor Rishi Sunak said that millions of people are moving onto Universal Credit because of the Coronavirus pandemic and the UK Government will double the number of Work Coaches in Job Centres.
Assured Advice 36: Developers and rental income guarantess
Read the assured advice provided by Warwickshire County Council Trading Standards Service based on questions around buy-to-let investment opportunities and marketing properties on behalf of developers.
Buy-to-let mortgages stable despite slowdown in market
Latest data has revealed an overall slowdown in mortgages despite the stability in the buy-to-let market with an expected further growth of 1 per cent in the next quarter.
Brexit takes hold of buy-to-let market says auctions show star
Martin Roberts, Homes Under the Hammer presenter says the amount of auction lots is decreasing thanks to Brexit, making his job harder.
Landlords are cautious over buy-to-let
Less than a third of landlords would add to their buy-to-let portfolio over the next 12 months, research claims.
Long-distant investment — be aware
ARLA Propertymark have commented on the recent article released by the Telegraph highlighting the implications faced by investors who let properties away from their local areas.
Fact sheet: Legionella
Landlords must assess and control the risk of exposure of tenants to legionella to ensure the safety of their tenants, but this does not require an in-depth detailed assessment.