DWP to accelerate paying landlords Universal Credit
The Department for Work and Pensions will rapidly cut the wait times for landlords to be paid Universal Credit when tenants fall into arrears.
Land & New Homes
London agent witnesses sky-high tenant demand
London letting agent Chestertons has seen a 25% rise in tenant demand year-on-year, suggesting the capital is currently an extremely competitive market.
East Anglia yields surge despite national falls
Investor returns in East Anglia have rapidly increased over the past year, rising by 1.4% to bring investors annual returns of 6.8%.
Price of detached homes rockets compared to flats
The price of detached homes has risen by 13.9% in the past year, more than double the 5.6% price rise for flats, the government’s house price index shows.
Boris Johnson’s election fate could shift the housing landscape
The fate of Prime Minister Boris Johnson could have a big impact on the housing market’s trajectory.
Landlords sell Banksy mural for ‘£2 million’ after tearing it from wall
A landlord couple have sold a Banksy mural after tearing it from the wall of a building they owned.
Sex-for-rent – 59,000 women targeted in year and a half
Some 59,000 women were offered homes in exchange for sexual favours between March 2020 and September 2021.
Rightmove: Supply issues to improve as sellers return
There’s been a surge in property sellers asking for their homes to be valued in the first week of 2022, indicating that supply issues could improve in the next few months.
Tenants’ union slams council for dealing with landlord issues informally
ACORN Brighton has accused the council of letting down renters after it emerged that the council hasn’t prosecuted any landlords in the past three years.
Tenants warned about having to pay for stamp duty
Tenants have been warned they are liable to pay stamp duty when cumulative rent exceeds £125,000.
