Guild of Landlords House Price Digest – July 2021
House prices are still rising, according to the latest official data from the Office for National Statistics (ONS). House Price Digest – July 2021 May saw a 9.6 per cent year-on-year increase – just shy of April's figure of 10 per cent. The average home price fell...
Guild of Landlords Rent Digest – July 2021
Rent rises are still stuck in the doldrums and rising at half the rate of inflation. This is our rent digest for July 2021. The annual inflation figure for June posted a 2.4 per cent increase, and rents were up 1.2 per cent rise – where they have stuck since April....
Millions Of Tenants Happy With Buy To Let Homes
A new wide-ranging survey of the buy to let market pulls back the curtain to reveal what tenants think about their private rented homes. Although housing charities like Shelter and Generation Rent paint a horror picture of unscrupulous landlords preying on renters...
EPC Ratings May Make Landlords Mortgage Prisoners
Landlords may become mortgage prisoners as borrowing against energy inefficient homes becomes harder as buy-to-let lenders rally to a government call to boost their green credentials and EPC ratings. Nationwide’s The Mortgage Business is the latest lender to refuse...
Guild of Landlords House Price Digest – June 2021
Fears of house prices falling off a cliff as the stamp duty holiday ends seem unfounded as the deadline day passes. This is our House Price Digest - June 2021 However, property experts warn that most house price trackers lag real time and a reverse in values may still...
New App Helps Tenants Complain About Landlords
A new online app aims to help private landlords and tenants resolve disputes over repairs but misses the mark. Although promoted as a tool that takes the sting out of conflicts arising from dealing with health and safety issues around a private rented home, the app...
Guild of Landlords Rent Digest – June 2021
Yearly rent rises have plateaued for the past 18 months of COVID-19 restrictions. This is our rent digest for June 2021. Property market experts at the Office for National Statistics say the private rented market is ‘broadly flat’ due to the impact of a buy to let...
Freedom Day Red Tape Ties Up Landlords As Rules Change Again
Freedom Day delays mean landlords are still facing COVID-19 pandemic restrictions when dealing with tenants. Prime Minister Boris Johnson’s road map called for COVID precautions to be lifted on June 21 but soaring numbers of infections triggered by the Delta Variant...
Right to Rent From 1 July 2021
The Home Office has updated the landlord’s guidance for conducting right to rent checks ready for 1 July 2021. This includes changes from 1 July 2021 as the Brexit transition is to end on 30 June 2021. The main question we’re being asked on this subject at the moment...
Online Tenant Application Form Launched
We are thrilled to announce the arrival of our latest product, free to use for Guild subscribers — Applicants. This is an online tenant application form. This new product is located in the Tenancy Builder and with it, you can generate a unique website link for a...
Tax Review Calls For More Time To Pay CGT
More time to pay, and a simpler reporting regime are among sweeping changes to capital gains tax review proposed by government tax experts. The Office for Tax Simplification (OTS) says too few people report a CGT liability or pay on time because they have a limited...
Fire Safety Act 2021 Passed
The UK Parliament has recently passed the Fire Safety Act 2021 but no commencement date has been announced. The Fire Safety Act will apply to both England and Wales, and Wales have indicated to us that they intend to commence the Act from “autumn”. Guidance to...
Right to Rent Lockdown Rules Extended Until 31 August 2021
In England, since 30 March 2020, the right to rent guidance has been amended to allow for checks to be carried out in ways other than face to face. The guidance has been further extended until 31 August 2021. From 1 September, checks will revert to pre-pandemic rules...
Wales Extends Six Months Notice to 30 September 2021
The Welsh Government has extended the increased notice lengths of six months until 30 September 2021. This is a departure from England, who recently reduced some notice periods to four months. In the Welsh Government announcement, they say: The purpose of this...
Does Moving the Tax Year Make a Difference for Landlords?
Boffins at the Office of Tax Simplification are looking at moving the tax year to a more convenient date, but the change is unlikely to make any difference to the tax landlords pay. The OTS is considering two new dates for the tax year end – March 31 or December 31....
Government Sets Impossible Green Homes Target
The government’s green homes dream to make millions of properties more energy efficient will fall short because one in six homes can’t be improved to reach a high enough rating. New research looked at the energy efficiency ratings of 15 million homes in England and...
New Bid to Scrap Pets Ban for Private Renters
Campaigners have vowed not to pause their fight to help tenants keep their pets in private rented homes despite failing with their first attempt to change the law. The charity AdvoCats was backing Romford MP Andrew Rosindell’s Dogs and Domestic Animals (Accommodation...
Right to Rent Clarification – Hong Kong BN(O) Status Holders
Rt Hon Robert Jenrick MP Secretary of State for Housing, Communities and Local Government has asked representative bodies such as ours to circulate to our members clarification on accepting tenants who have arrived from Hong Kong. In particular, their right to rent...
Guild of Landlords Rent Digest – May 2021
Rents increases are continuing to plateau, according to the latest official data from the Office for National Statistics (ONS). Here we have our rent digest May 2021. Rents have nudged up and down by just 0.1% since January 2020 when the 12-month increase was 1.5%. In...
Guild of Landlords House Price Digest – May 2021
The housing market is surging to new levels as prices, demand and sales volumes hit new heights as shown in this house price digest May 2021. The rush to jump on the property ladder or move to a bigger home is fuelling demand. The latest official figures from the...
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