A Press Release issued today by suggests that addressing the current housing crisis by capping rents will lead to poorer standards of accommodation and a reduction in the supply of properties.
The recent report from the National Housing Federation called “Home Truths”, revealed that years of not building enough homes has led to rising rental and house prices, leaving millions of families struggling to pay the rent. The report also revealed that 417,830 more working people, an 86% increase since 2009, are now reliant on housing benefit to help them pay the rising rents. Continue reading Capping rents is not the answer to housing crisis
A bombshell was dropped recently. Admittedly an expected Bombshell, but it took all us people working in the public sector by surprise in the speed of introducing the Homelessness Suitability Order, having hung around in the wings for over a year.
Since the advent of the Housing Act 1996 councils have been able to make offers of private rented accommodation to homeless applicants as a discharge of duty but the offer was always a voluntary take-up, called the “Qualifying Offer”. The new suitability order abolishes the qualifying offer, so, in short, a council can prevent homelessness by offering someone walking through the door, a 12 month AST. Continue reading Homelessness suitability order and PRS landlords by Ben Reeve-Lewis
Peter Davis of Eastern Landlords Association has been in the post nearly three years as CEO of the regional membership landlord association, with more than 1200 members, supporting and advising residential landlords on all rental issues.
Peter previously spent five years as Buy-to Let mortgage consultant with The Money Centre, following a period working in finance in the motor trade, having returned from a few years working in Hong Kong
Continue reading Spotlight on Peter Davis of Eastern Landlords Association
The Universal Credit, due to be introduced in October 2013, is a new scheme which aims to simplify the benefits system by combining all in-work benefits( jobseeker’s allowance, tax credits, income support, employment and support allowance) into a single monthly payment rather than combination of a number of benefit payments as is currently the case.
The single Universal Credit payment will be paid directly to the claimant who is then responsible for passing on rent payments to their landlord. Continue reading Universal Credit Debate
In this blog I intend to dispel a few urban myths which appear to be forming, both amongst landlords and squatters themselves judging from some of the readers emails I have received. As of today a person occupying a residential property without the owners permission is committing a criminal offence which is punishable by up to six months in prison and a £5,000 fine and can no longer claim squatters rights. Continue reading Squatters Rights – what’s not changed
Why Kingsford Letting believe Leamington Spa is a Warwickshire Property Hotspot
With so many different types of property to invest in, contacting a local expert for advice is vital. The UK is currently experiencing a widespread shortage of rental properties. Across all sectors, including social housing and private rented accommodation, there are simply not enough properties available. This UK wide trend is also reflected at a regional level, here in Warwickshire, where demand for rental properties far outstrips supply – with as many as four or five applicants chasing the same property in some cases. High rental demand, depressed house prices and low interest rates all point to the same conclusion: there has never been a better time to consider investing in property in this area. Continue reading Leamington Spa – A Warwickshire Property Hotspot by Kingsford Letting
Buy to let landlords filed nearly 6,000 claims to evict tenants in the first three months of the year, according to the latest Ministry of Justice figures.
County courts handle around 65 new cases every day and lawyers are concerned that backlogs will cause financial problems for landlords as strikes and work-to-rules by public sector workers and delays as courts trim lists during the London Olympics. Continue reading Landlords ask courts to evict 65 tenants every day
Renters in London need to earn around £52,000 to let a buy to let home, according to figures from homeless charity Shelter.
The charity reckons 65% of non-home-owning Londoners have given up hope of buying a property in the neighbourhood where they live. Continue reading Londoners earning less than £52,000 can’t afford to rent
In a country where we have a housing crisis driven by a complete lack of an innovative and all-encompassing housing policy the PRS landlord is being made a scapegoat for simply seeking to run a profitable business. A business which, it is rarely noted, is doing almost as much to make housing available to low income and vulnerable tenants as any social housing provision.
When did you last read something good in the news about the Private Rented Sector landlord? Continue reading Don’t allow LANDLORDS to be SCAPEGOATS of housing policy failures
Prime Minister David Cameron’s claim that buy to let landlords are dropping rents in response to the Government’s welfare reforms is untrue, according to information from councils.
Cameron told the House of Commons that the new welfare policy was forcing landlords to cut rents, but social housing magazine Inside Housing tested the claim by sending freedom of information requests to every council in England. Continue reading Cameron’s housing benefit gaffe exposed by councils