Housing minister Grant Shapps has publically backed a web site advertising rent-to-buy homes.
The scheme seems to promote lease option purchases that are popular in the US and Australia but rarely seen in the UK.
The web site – www.tryitbuyitproperty.com – matches homeowners who have problems selling with potential buyers who cannot raise a mortgage. Continue reading Housing minister backs rent-to-buy lease options web site
Housing Minister Grant Shapps wants key players in the housing sector to join together to help first time buyers find homes. House builders, lenders, insurers, councils and consumer groups turned up for a summit meeting chaired by Mr Shapps, to thrash out how they could help young people who want to own their own home. Continue reading Housing supremos pledge support for first time buyers
The BBC has launched another story about substandard buy to let homes and ‘rogue landlords’ – but just who is covered by the tired old cliché?
The UK has about 3.5 million buy to let properties and houses in multiple occupation (HMOs) that are let by private landlords. Continue reading BBC has a cheap bash at landlords yet again!
Grant Shapps recently revealed the government is looking at ways to take the heat out of the property market by stabilising the boom-or-bust trends that have crippled the sector since the 1970s.
Speaking on BBC Radio’s Today program, he said ministers wanted to see the removal of the ‘imbalance’ between wages and house prices and a market where property was more affordable for everyone. Continue reading Conflicting statements from Housing Minister! Stability or boom and bust?
An internal report from town hall advisers confirms consultation over extending house in multiple occupation (HMO) powers is a sham aimed at avoiding compensation claims.
The report – to councillors in Milton Keynes – suggests Housing Minister Grant Shapps is urging councils to take on controversial planning powers to curb the spread of shared houses in cities and seaside towns. Continue reading HMO consultation is a sham to avoid compensation claims
Time is running out in some cities for house in multiple occupation (HMO) investors to expand their property portfolios.
The repeal of HMO planning rules by Housing Minister Grant Shapps has given property investors who want to open new shared houses or extend existing properties a window of opportunity. Continue reading HMO investors must not shun planning opportunity
Student landlords and shared house investors planning and licensing rules face scrutiny under a second legal challenge – this time by local councils.
The rules are already facing High Court review after landlords in Oxford decided to take on the city council over plans to take up tighter planning and licensing controls. Continue reading Councils challenge HMO planning reversal in High Court
Housing minister Grant Shapps has scrapped complicated blanket planning rules for houses in multiple occupation (HMO).
He has announced new regulations aimed at cutting 8,500 HMO applications from the planning system every year by removing the need for every new HMO to apply for planning consent. Continue reading Minister scraps HMO planning rules.