Property News
Latest news, advice, and insights for UK property professionals
Government Pledges Support for Landlords on EPC Upgrade Costs
The government says financial support is available to help landlords meet EPC targets and aims to expand private finance options for energy efficiency improvements.
West Brom Building Society Appoints Gareth Madeley as Chief Customer Officer
West Brom Building Society has named Gareth Madeley as its new chief customer officer. Madeley has worked at the mutual for around 13 years.
Deposit Dispute Case Highlights Wear and Tear Challenges for Landlords
A recent tenancy deposit adjudication case has highlighted the difficulties landlords and tenants face in distinguishing fair wear and tear from actionable damage, with partial compensation awarded.
Government Sets Out Framework for Landlord Redress Scheme
The government has outlined a framework for a new landlord ombudsman scheme, allowing private tenants to seek redress for complaints without going to court. No implementation date has been set.
NRLA Rejects MPs’ Call for Easier HMO Licensing by Councils
The NRLA has opposed MPs’ recommendations to make it easier for councils to introduce selective licensing schemes for HMOs, citing concerns about duplication and compliance costs.
Bank Lending to Smaller UK Property Investors Falls 14% Over Five Years
Bank lending to small and medium-sized UK property firms has dropped 14% in five years, while lending to large investors has increased, according to Karis Capital research.
Portsmouth Landlords Win Tribunal Over HMO Licensing Conditions
The Upper Tribunal has ruled Portsmouth City Council exceeded its powers by imposing blanket HMO licence conditions, requiring future licences to be amended.
Fleet Mortgages Reduces Rates and Launches New Buy-to-Let Products
Fleet Mortgages has cut rates across its standard, limited company, and HMO/MUFB product ranges, and introduced new fixed-rate deals for buy-to-let landlords.
Flat Market Recovery Seen as Crucial for UK Housing Growth
Restoring buyer confidence in flats is vital for the UK housing sector, according to Hill Group CEO Andy Hill, as flats have underperformed compared to houses since 2016.
Government Sets Out Framework for New Landlord Redress Scheme
The government has outlined a framework for a landlord ombudsman scheme to handle tenant complaints against private landlords, but further legislation is needed before it becomes mandatory.
NRLA Rejects MPs' Call for Easier HMO Licensing Powers
Landlord leaders at the NRLA have rejected MPs' recommendations to make it easier for councils to introduce selective HMO licensing schemes, as reported by The Negotiator.
Landlords Win Legal Challenge Against Portsmouth HMO Licence Conditions
The Upper Tribunal has ruled that Portsmouth City Council exceeded its powers by imposing certain HMO licence conditions, following a challenge supported by the Portsmouth & District Private Landlords Association.