Adams Estates

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Adams Estates Uncovers Surge in Rental Application Fraud 12 April 2024

An analysis of over 20,000 tenancy applications has found that fraudulent applications rose by 140% last year. The study, conducted by Adams Estates, revealed that payslip fraud was the most prevalent method used by tenants to deceive referencing systems.... Read More

Revisions to the Renters Reform Bill Following Easter Break 05 April 2024

In light of recent developments, the Renters Reform Bill has undergone revisions after the Easter break. These changes aim to further address and improve upon existing issues in the rental housing sector. The government has issued a letter to Conservative MPs assuring them that modifications will be made to the Renters Reform Bill in order to alleviate any worries regarding its potential anti-landlord stance.... Read More

New Housing Bill Published for Scotland 28 March 2024

On the 26th March 2024 the Scottish Parliament introduced a new Bill which set out changes to be made to the law, this would cover rent controls, tenants right to keep pets, decorate their homes and delay evictions under certain circumstances. This legislation will be included in Scotland New Deal for Tenants, which was originally drafted in 2021 to form part of their housing to 2040 strategy.... Read More

Council Tax on Empty Homes Set to Double 22 March 2024

As of April 1st, council tax will double on empty homes in England. This is to support local people in areas where high numbers of empty homes are preventing them from finding affordable housing. Changes brought in by the Levelling Up and Regeneration Act 2023 reduces the time before a property is considered an empty home from two years to one year, meaning that homes that has been empty for one year will be subject to a 100% council tax premium.... Read More

Rents Take a Hit in Recent Months 15 March 2024

After a recent couple years of rising rents, recent data from agency Chestertons shows a 125% increase in the number of Landlords choosing to reduce asking rents in February. Chestertons believe that this is due to a shift in the changing market conditions across London.... Read More

Spring Budget 2024 08 March 2024

The Chancellor of the Exchequer delivered his Spring Budget on 6th March 2024, which is likely to be the last before a General Election. Generation Rent activist group has described yesterday"s Budget as a "giveaway to Landlords." They also mention to say the side-effect of the budget could make "thousands of renters homeless.... Read More

Right to Rent Fines Have Increased 01 March 2024

Right to Rent fines have increased as of 13th February 2024. This will implement large increases in the maximum fines that can be imposed on Landlords for renting property to irregular migrants, as originally announced by the Home Office in August 2023.... Read More

New Laws for Airbnb Lets 23 February 2024

Housing Secretary Michael Gove is set to impose new laws to restrict Airbnb-style short lets. The aim of these laws is to bring communities back together and let them have more authority in how they want their areas to grow. This falls under part of the Levelling Up proposals which was mentioned in the initial idea of the Renters Reform Bill.... Read More

Rent Control in Scotland has Backfired 16 February 2024

In September 2022, Scotland introduced rent freezes and since then have controlled rent increases for Landlords and Agents. However, a recent data analysis by Zoopla has shown that rent controls introduced in Scotland have directly led to higher rents.... Read More

Reports of the Government Scrapping Heat Pump Targets 09 February 2024

Landlords and home owners have been improving their properties with more energy efficient solutions like heat pumps. The government recently issued grants for heat pumps but since then there has been widespread reporting that the initial targets for heat pump expansions are to be scrapped.... Read More

The UK Housing Market is Finally Improving 02 February 2024

The Royal Institution of Chartered Surveyors has stated that the UK housing market has improved in December as buyer demand steadied and sales picked up. Unfortunately, as for the private rental sector there is still a big shortage of properties.

In a recent UK Residential Survey, Agents and Landlords have responded that they have seen a +17% demand increase for private renters in December.... Read More

Warning for Landlords as Tax Deadline Approaches 26 January 2024

With the deadline for tax returns approaching next week, HM Revenue and Customs have released data showing that 3.8 million people are yet to file their tax return. Many thousands of this 3.8 million are believed to be Landlords.

HMRC has stated that it expects more than 12.... Read More