Property News
Latest news, advice, and insights for UK property professionals
Purpose-Built Flats See High Rate of Fire False Alarms
Data shows over 150 emergency call outs to purpose-built flats daily due to fire false alarms, according to Letting Agent Today.
Data Suggests Healthy Buy-to-Let Sector, Says Paragon Bank
Paragon Bank data indicates that arrears, yields, and profits point to a healthy buy-to-let sector, according to Letting Agent Today.
Lettings Agency Fined Over Overdue Electrical Safety Work
A lettings agency was fined after failing to address 21 electrical safety defects at a rental property within the required timeframe, according to Letting Agent Today.
Court Upholds Fine for Landlord Over Electrical Safety Failings
A court has upheld a £7,500 fine issued by West Suffolk council to Forthbrook Ltd for failing to address 21 electrical safety defects within 28 days.
Landlords Warned Over Risks from Rogue Commercial Tenants
Landlords are being urged to check tenants and act on concerns after investigations into illegal tobacco sales in Oxfordshire shops.
Bolton Council Introduces £1,211 HMO Licence Fee for Landlords
Bolton Council is launching a new HMO licensing scheme, requiring landlords to pay £1,211 per property, according to Landlord Today.
OpenRent Majority Stake Acquired by Global Private Equity Firm
OpenRent has received a majority investment from CVC, with its founders staying as significant shareholders and remaining in charge.
Draft Bill Proposes £250 Cap on Most Long Residential Ground Rents
A draft bill proposes capping most existing long residential ground rents at £250 per year, with a reduction to a peppercorn after 40 years.
Government Declines to Set Target for Affordable Homes
The government has stated it will not set a specific target for affordable homes, but says it remains committed to increasing social and affordable housebuilding.
Bolton HMO Licensing Fee May Lead to Higher Rents for Tenants
Bolton Council has acknowledged that a new HMO licensing scheme could result in landlords passing the cost on to tenants through increased rents.
Rent arrears fall to record low, Paragon Bank data shows
Landlord confidence is rising as new data shows rent arrears have dropped to a record low, with 26% of landlords reporting arrears in the past year.
Bristol Council Introduces Civil Penalties of Up to £35,000 for Landlords
Bristol City Council has announced a new civil penalty policy for private landlords, with fines reaching up to £35,000 for housing offences.