39 news articles found. Viewing mode :

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

Monthly Dip in Rents Across England 18 January 2024

During 2023 we saw the record annual rent rise across private rents in England. The Office for National Statistics says that England experienced a 6.1 per cent rise in 2023, the sharpest annual increase on record. Wales saw the highest annual rent increase in Britain at 7.... Read More

Submit Your Proposals Now for the Spring Budget 08 January 2024

On the 6th March the Spring Budget will be announced and now is your time as Landlords and Tenants to advise the Chancellor Jeremy Hunt on what changes need to be made. Jeremy Hunt has commissioned the Office for Budget Responsibility to prepare an economic and fiscal forecast to be presented to Parliament alongside his Spring Budget.... Read More

Rightmove`s 2024 Outlook 15 December 2023

As we approach the new year, Rightmove offers a glimpse into the 2024 housing market. Recently, a noticeable 1.9% drop in asking prices was observed, surpassing the typical December decline. This equates to a near £7,000 reduction on average-priced homes, indicating a shift towards a more competitive sellers" environment.... Read More

Continued High Interest Rates Expected 30 November 2023

Bank of England Governor Andrew Bailey has recently indicated that high interest rates are likely to continue for the foreseeable future. In his remarks to a northern England news outlet, Bailey pointed out that the UK"s economic growth potential is currently lower than it has been for much of his career.... Read More

Autumn Budget 2023: 6 key Takeaways for Landlords 22 November 2023

As we approach the end of the year, we"d like to provide you with a comprehensive overview of the key highlights from the Autumn Statement 2023, also known as the autumn budget. This annual announcement outlines the government"s plans for the year ahead, encompassing various aspects of the economy, planned spending, and revenue generation.... Read More

Bed Bugs: Responsibilities and Prevention for Landlords 20 October 2023

At Adams Estates, we want to ensure our valued Landlords are well-informed about a concerning issue making headlines: bed bugs. These tiny intruders have been popping up in various places, from public transport to hospitals, and, inevitably, in rental properties.... Read More