Buy-to-Let and Second Home Purchases Hit Lowest Level Since 2016

Purchases of buy-to-let properties and second homes have plummeted to their lowest levels since 2016, according to an analysis of HM Revenue & Customs data conducted by accountants Lubbock Fine. The study examined transactions subject to the stamp duty surcharge, an additional charge levied on those acquiring buy-to-let or additional properties. The findings reveal a […]

NRLA Endorses Government Plan for Landlord Database

The National Residential Landlords Association (NRLA) has endorsed government proposals for a new landlord database, highlighting its potential to identify and eliminate rogue landlords from the market. The NRLA, while supportive, cautions against imposing excessive administrative burdens on responsible landlords. As a member of the Lettings Advisory Board, the NRLA has actively participated in shaping […]

Labour Will Ban Landlords Evicting Tenants Without Other Housing Options

Labour is set to introduce legislation aimed at preventing landlords from evicting tenants with no alternative housing options, according to a report by the Telegraph. The proposed measures include adopting a French-style ‘hardship test,’ which requires landlords to prove that an eviction will not exacerbate a tenant’s situation before proceeding. The initiative, backed by Housing […]

Government Rules Out Rent Controls for England

In a decisive statement, Housing Minister Matthew Pennycook has ruled out the introduction of rent controls in England. This comes despite the adoption of such measures in Scotland and their potential consideration in Wales. Pennycook’s remarks were made in a written response to a query from shadow housing secretary Kemi Badenoch, who asked if Labour […]