The UK Government has elaborated on its funding and plans to help the homeless off the streets. In a March announcement it said that £26 million of a previously agreed £100 million fund to help the homeless, has been allocated to create specialist, tailored support to help with mental health and get rough sleepers into accommodation.
The government recently announced that it will be allocating £8 million to help assist with the construction of up to 200,000 new homes across England.
Here we take a look at what’s involved in the new funding and what it hopes to achieve.
Right-to-Buy, the brainchild of 1980s Prime Minister Margaret Thatcher, could be considered the point from which the UK’s home-owning obsession became well-known. Right-to-Buy gave many people their first opportunity to buy a home of their own.
The Japanese Knotweed is an invasive weed that can spread rapidly within biodiverse ecosystems. If your property has Japanese Knotweed, you are required by law to eradicate this weed and to stop it from spreading – failure to do so could result in a custodial sentence and a £5,000 fine. This article will provide a useful guide in helping any landowner understand the Japanese Knotweed and how the removal/eradication process works.
For some reason people seem to resent council tax a bit more than other forms of tax. Perhaps it’s because for most people their income tax and national insurance contributions are skimmed off their pay before the money ever hits their account, while VAT is usually included in the stated price of goods and services so we don’t always notice it. Council tax, on the other hand, comes in the form of significant monthly payments or a big annual bill.
Landlords are a varied bunch: there are the large-scale professionals for whom property is a full-time job; then there’s the buy-to-let crowd looking to make their savings work a little harder. Right at entry-level there are the rent-a-room landlords.
Over recent months, the Government has put out a number of consultations on various aspects of the property market. Although it could be some time before any of the proposals become law, it’s good to know what’s currently being considered, in case you’d like to have your say on any of it.
The current global outbreak of Coronavirus is a serious danger to health – and even life – but it’s also hit many people’s finances incredibly hard. Huge numbers of businesses have been forced to shut their doors in efforts to contain the spread of the virus, and while this is hopefully just a temporary measure, it does mean a lot of employers can’t afford to pay wages at the moment (sometimes including their own).
Flooding can cause havoc for families and communities. It is indiscriminate in how it effects properties within geographic locales prone to flooding. This article will highlight why you should avoid buying a home in a flood area. The issue here isn’t just about a property prone to flooding but the wider impact surrounding mortgage assistance, property insurance and personal safety that results from buying a property in a flood risk area.
The UK Government has promised it will assist in the building of much needed homes across the country with Chancellor of the Exchequer George Osborne stating in a key note speech “We are the builders”.
As the UK’s housing crisis continues, the Government has added a new element to its broader plan to help fix the crisis and modernise the housing market. Communities Secretary, Sajid Javid, has launched a ‘call for evidence’, asking property professionals and Britons, for their thoughts on how the house buying process could be streamlined and made less stressful.
Client Money Protection (CMP) is an insurance policy taken out by letting agents to protect the monies they handle on behalf of their landlords and tenants. If your agent has CMP, it means that if they go out of business or someone runs off with your rent or the funds are held for maintenance, you don’t lose out financially.
As with so many other sectors at the moment, the private rented sector is keeping the hatches battened down and trying to adapt to a fast-changing and unpredictable situation. A safe place to live is hugely important right now, and landlords have found their business affected both by the virus itself and by the various legislative and lockdown measures that have been rushed into force to try and slow its spread.
This is a subject that, among a nation obsessed with home-ownership, is often a hot topic of conversation. After all, in years gone by, renting was more of a stop-gap – something you do while you study and work out where you want to live and what you want to do. But now, there’s a real possibility that for more and more Britons, renting will become the predominant housing tenure throughout their lives.
In the latest move to help solve the UK’s ongoing housing crisis, the UK Government will hand local English councils the ability to charge owners of empty residential homes council tax at double the normal rate. That means double council tax charges could soon apply to many of the 200,000 empty homes across England.
The restrictions on movement imposed last week were among the strictest ever seen in the UK, and unfortunately they were also quite vague. There has been a good deal of guidance issued, some of it conflicting, and landlords are understandably confused about how their maintenance obligations are affected.
Although unemployment rates in the UK are relatively low - it is currently reported by the Office for National Statistics at 3.8% and the lowest level since 1975. There are still many families across the country experiencing less than standard living conditions and in extreme cases, poverty.
This month the UK Government is continuing its attempt to agree it’s proposed Housing and Planning Bill. Documents published at the end of April showed that after a third reading, the House of Lords rejected or requested amendments to 21 points in the Conservatives Bill. It is these points that will be discussed and debated in the House of Commons this month.
On February 8th 2018, Heather Wheeler, the Minister for Housing and Homelessness at DCLG, met with senior figures from the main organisations representing landlords and agents in the Private Rented Sector (PRS). They discussed future legislative changes and what the Government should be prioritising.