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Big moves happening behind closed doors – the Renters' Rights Bill is at committee stage right now, and some very surprising amendments have been proposed. From bringing back fixed-term tenancies to keeping Section 21 for small landlords, these changes could completely reshape the direction of the Bill. Nothing's passed yet – but if you're a landlord, this is your heads-up on what's being debated, what could come next, and how it all affects you. Show notes: As the Renters' Rights Bill moves through the House of Lords, a wave of proposed amendments has sparked huge debate in the lettings world. Could Section 21 stay for small landlords? Will fixed-term tenancies make a comeback? Could tenants still pay rent in advance? In this episode, we break down: What the Renters' Rights Bill originally proposed Key changes being proposed, including: The return of 12-month fixed terms Delayed abolition of Section 21 New rent controls and tribunal limits Rules around pets, guarantors, and rent in advance What happens next in the Bill's journey What landlords should do right now Whether you've got one rental or a whole portfolio, this is the update you need to stay ahead of the game.
Send us a textThe Renters Reform Bill:Key Points:- The Renters Reform Bill is currently going through Parliament and will likely be implemented in late summer or autumn- Major changes include: 1. Converting all tenancies to periodic (month-to-month) tenancies 2. Tenants can now give two months' notice at any time 3. Rent increases limited to once per year 4. Tenants can dispute rent increases through a tribunal 5. Restrictions on taking multiple months' rent upfrontSpecific Impacts for Prime Central London:- Less disruptive compared to other UK rental markets- Tenants in this area typically move more frequently- Landlords can still regain property under certain conditions (selling, personal use, etc.)- Market remains relatively fluidPotential Challenges:- Less security for landlords' rental income- Potential delays in rent increase processes- Tribunal system might complicate rent adjustmentsOverall Tone: While the bill introduces significant changes, the expert suggests it will have a less dramatic impact in Prime Central London due to the area's unique rental market characteristics.PROPERTY WEALTH - Transforming challenges into opportunities with specialist knowledge and reach. Explore the complexities of the London property market with us—insights, advice, and connections at your fingertips.Join the conversation! Share your thoughts and questions in the comments below. Don't forget to follow us for the latest updates and expert advice! https://www.londonproperty.co.uk/en/link-in-bio/#PropertyWealth #LondonProperty #RealEstate #PropertyMarket #Investment #HomeBuying #HomeSelling #PropertyAdvice #RealEstateTips #PropertyInvestment #LuxuryLiving
Rob discusses the impending landlord exodus expected to impact the UK housing market from 2025 onwards. Citing the latest English Private Landlord Survey, he highlights a significant increase in landlords considering selling their properties, rising from 22% in 2021 to 31% in 2024. The discussion delves into the various factors contributing to this trend, including recent legislative changes, rising mortgage costs, and the challenges posed by the Renters Reform Bill. KEY TAKEAWAYS A significant increase in landlords considering selling their properties is anticipated, with the percentage rising from 22% in 2021 to 31% in 2024. This trend could lead to a decrease in rental housing supply. The potential exodus of landlords may result in higher rental prices due to decreased supply, despite the government's intentions to protect renters through new legislation. Recent legislation, including the Energy Performance Certificate (EPC) regulations and the Renters Reform Bill, has contributed to landlords' decisions to sell, as many feel the environment has become increasingly unfavourable. Rising mortgage costs and inflation are putting additional pressure on landlords, making it more challenging to maintain profitability in the rental market. BEST MOMENTS "There will be a devastating landlord exodus that will hit Britain from 2025 onwards, and it's a culmination of a lot of factors." "If the supply of available housing for rent decreases... then what happens is an increase in prices." "Just under two-thirds have blamed the recent legislation changes for the decision." "Landlords have been operating in an increasingly unfriendly environment." "If all these properties were sold... that leaves a smaller pool of rental properties that are available." VALUABLE RESOURCES GET YOUR PROPERTY DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOCIAL MEDIA/CONTACT US https://linktr.ee/thepropertynomadspodcast BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL uk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcast
Welcome back to another episode of The Investor's Corner! In this episode, we discuss the latest in crypto trends, the Renters Rights Bill, and tax insights. We explore quick wins you can leverage, and the big risks associated with these topics. Key Topics: Crypto updates: Insights into market trends and opportunities for quick wins in the crypto world. Renters Rights Bill: The new Renters Rights Bill replaces the Renters Reform Bill, scrapping Section 21 notices and introducing rent repayment orders. We cover how this affects landlords, including the risk of penalties and changes to evictions. Landlord insurance: Understanding how the new bill may impact premiums and the need for additional coverage. Professional landlords: How the shift in legislation is creating opportunities and risks for long-term property investors. Rent increases & tenant protections: What landlords need to know about changes to rent increases and tenant rights. Current property market: Property price reductions and how they impact landlords, tenants, and potential investors. For landlords: The Renters Rights Bill changes how you manage tenancies, insurance, and compliance. New penalties, eviction processes, and rent controls are all part of the equation. For tenants: Learn about the new rights and protections that come with longer-term tenancies and the potential impact on rent. For crypto enthusiasts and investors: We'll explore key trends and tax considerations that might affect your crypto investments, giving you both quick wins and the big risks to watch out for. Stay informed and prepared to navigate these evolving landscapes!
In this episode of WealthTalk, we explore the far-reaching impacts of the recent budget on property investment, drawing on insights from leading residential and commercial property experts.Topics covered include changes to capital gains tax and stamp duty, the challenges now facing residential landlords, and the growing opportunities in commercial property.Creativity in property acquisition is more important than ever, and pensions can serve as a powerful tool for investing in commercial properties. High streets, often overlooked, may hold untapped potential.Additionally, we dive into the Renters Reform Bill and highlight emerging trends such as high-end HMOs and commercial-to-residential conversions.If you're serious about building wealth through smart property strategies, don't miss this invaluable episode!Resources Mentioned In This Episode:>> WT266: ‘Pensions and Inheritance Tax – Post-bduget Q&A w/ Kevin Whelan'>> The 2024 Autumn Budget Breakdown Report [Free Download]>> The 2024 Autumn Budget Breakdown [Webinar Replays]>> Co-Living Revolution – Stuart Scott [Website]>> AA Accountants – Shaz Nawaz [Website]Next Steps On Your Wealth Building Journey:>> Join the WealthBuilders Facebook Community>> Schedule a 1:1 call with one of our team>> Become a member of WealthBuildersIf you have been enjoying listening to WealthTalk - Please Leave Us A Review!
This week we talk about the rush of First Time Buyers and how if you are one you can get ahead of the competition plus why the Renters Reform Bill will hit the needy hardestYour hub to find out what is happening in the UK property market
Legal & professional editor Jess Harrold is joined by Guy Fetherstonhaugh KC to discuss the Renters' Rights Bill currently making its way through parliament. Fetherstonhaugh addresses the social context and political history of residential leasehol that has led to the bill, and its central feature - the abolition of section 21 "no fault" evictions. He goes into detail on how the bill will reform the law in this area, and the ways in which it differs from the Conservative government's failed Renters (Reform) Bill. Fetherstonhaugh outlines the other major provisions in the bill, and highlights some areas for improvement he hopes will be addressed as the bill proceeds through parliament.
In this episode of NRLA podcast Listen Up Landlords presenters NRLA CEO Ben Beadle and Richard Blanco take a deep dive into the contents of the Government's new Renter's Rights Bill Ben and Richard are joined by Theo Plowman of the British Property Federation (BPF), landlord Carolyn Uphill, whose portfolio includes student lets, and NRLA Policy Director Chris Norris. The team unpacks the contents of the new Bill in terms of the key differences between the new proposals and the previous administration's Renters (Reform) Bill, and the likely consequences. Carolyn discusses the impact on the student market and the student repossession ground, with Theo discussing the impact of other elements of the legislation. Chris explains what happens next in terms of the progression of the Bill through Parliament – and the work the NRLA is doing in lobbying MPs for sensible tweaks to the proposed new legislation to ensure it is fair to both landlords and tenants. For all podcast enquiries email press@nrla.org.uk ACCREDITATION: You can now pick up a CPD point to be used towards NRLA accreditation by listening to the podcast. To log your point, visit the accreditation dashboard in the ‘Your Account' section of the NRLA website. Select ‘Other' then ‘NRLA Podcast' from the dropdown menu. More information · Our Renters' Rights Bill hub is your comprehensive resource for navigating these reforms and will be kept up to date as the legislation progresses. As part of that, we have published answers to a range of frequently asked questions. If your question isn't covered, feel free to email out team at policyenquiries@nrla.org.uk. · The NRLA's annual Landlord Conference, being held on November 6 will offer a unique opportunity for property professionals to find out more about the Bill - and the changes we can expect to see - from expert speakers from across the industry. Tickets for the event, which will be held at Birmingham's NEC, are selling fast, so to find out more and book your place, click here.
The Renters Reform Bill, as tabled, will be a disaster for the entire rental market. Watch this on video here: https://youtube.com/live/M-x2YwxnSMU Gov Press Release on Renters Reform Billhttps://www.gov.uk/government/news/landmark-reforms-to-give-greater-security-for-11-million-rentersThe Bill: https://bills.parliament.uk/bills/3764/publicationsRent Price Graphhttps://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/indexofprivatehousingrentalprices/january2024https://mhwc.co.ukSupport the showFollow me on X for daily updates: https://x.com/moving_charlie Talk to my hand picked conveyancing partners here: https://mhwc.co.uk/conveyancingCheck out our national property listings on bestagent.co.uk if you're looking for a new home or need an agent to sell or let your existing home. If you need a mortgage, talk to my hand picked, trusted mortgage team here: https://mhwc.co.uk/mortgageAll my other links: https://linktr.ee/movinghomewithcharlieFor my estate agency podcasts, visit https://linktr.ee/bestagentIf you're an estate agent, make sure you're getting your free telephone leads as well as viewing and vendor leads by joining https://bestagent.co.uk/agents
How Will the New Labour Government Transform the UK Housing Market? What will this mean for Landlords and Tenants? The election of a new Labour government, and Prime Minister Sir Kier Starmer, brings a wave of anticipation and uncertainty, particularly regarding the UK housing market and the buy-to-let property sector. As Labour's policies start to unfold, both landlords and tenants are keen to understand the potential impacts. Labour's Housing Policies Labour has long championed affordable housing and tenant rights. Their manifesto includes ambitious plans to build 1.5 million new homes over the current parliament, introduce rent controls, and increase ‘protections' for tenants. This could significantly shift the landscape for both homeowners and the buy-to-let market. The Renters Reform Bill will be resurrected and will almost certainly include an end to Section 21 ‘no fault' evictions and more ‘secure' tenancies. Impact on the Housing Market Increased Housing Supply: Labour's pledge to build more homes aims to address the chronic housing shortage. This could stabilize or even reduce house prices, making it easier for first-time buyers to enter the market. Affordability: By increasing housing supply, Labour hopes to make homes more affordable. This is particularly beneficial for young people and families currently priced out of the market. Effects on the Buy-to-Let Market Rent Controls: One of the most talked-about Labour policies is the introduction of rent controls. While this aims to protect tenants from excessive rent hikes, landlords might see a cap on their rental income, potentially reducing the profitability of buy-to-let investments. Tenant Protections: Enhanced tenant protections could include longer tenancies and restrictions on eviction procedures. This provides tenants with greater security but might limit landlords' flexibility in managing their properties and will be a challenge to small landlords. Tax Changes: Labour has suggested revisiting tax reliefs available to landlords. Possible reductions in tax incentives could discourage new buy-to-let investments and prompt some landlords to sell their properties. What This Means for Landlords Landlords might face increased regulation and potentially lower returns on their investments. It is crucial for landlords to stay informed about new policies and consider strategies to adapt, such as focusing on property quality and location to attract long-term tenants. What This Means for Tenants Tenants are likely to benefit from increased protections and potentially lower rents. Labour's policies aim to create a fairer rental market, offering tenants more stability and affordability. Immigration The new Prime Minister has promised to deal with the “small boats” illegal immigration, as well the “processing” the huge backlog of asylum cases. He refused to say what he means by “processing” applications, but it will probably involve some kind of an amnesty or “legacy” scheme as implemented by the Blair government. In practice, hundreds of thousands of migrants will be granted leave to remain whether or not the arrived in the UK legally. This means asylum seekers will be able to work and could see an end to temporary housing and hotel accommodation. Conclusion Prime Minister Sir Kier Starmer's Labour government's policies are set to bring significant changes to the UK housing market and the buy-to-let sector. While tenants stand to gain from greater protections and affordability, landlords may need to navigate tighter regulations and potentially lower profits. Staying informed and adaptable will be key for all parties involved. Understanding these potential changes is crucial for navigating the evolving landscape of the UK housing market. Stay tuned for more insights and expert advice on how to manage your property investments under the new Labour government. Section 24 Landlord Tax Hike Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email charles@charleskelly.net for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s 3 Steps To Unlocking Financial Freedom! Could you do more with your money and finances? I want to take you to the next level, help you get control of your money, learn how to invest and become financially free. Join me online on my free live money management training Wednesday at 7.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #finance #moneytraining #moneymanagement #wealth #money #UKHousingMarket #BuyToLet #LabourGovernment #PropertyInvesting #TenantRights #LandlordTips #HousingPolicy #AffordableHousing #RentControls #RealEstateInvesting #UKProperty #PrimeMinisterSirKierStarmer #section21 #section21nofaulteviction
We're joined by Estate Agent and Landlord, Russell Hunt whose company, PetsLets, specifically focuses on finding properties for people with pets. We chat about why the conversation about renting pet friendly accommodation as fallen off the ‘radar' of late.We discuss why it is important that whichever party wins the upcoming election, they will prioritise the Renters Reform Bill particularly where the clause section 21 is concerned that currently gives powers to Landlords for short notice terminations and evictions. Despite over half of Briton's owning a dog, renting with pets is still considered a niche market, with many estate agents focusing on lets without pets, rather than thinking more inclusively. We chat about the pros and cons of additional insurance, and why unfortunately some landlords may have been disappointed by irresponsible owners and as with everything it's the minority that spoils it for the majority. Russell explains that the issue is partly down to supply and demand, and that often Landlords accept the highest bidder that appears to be the lowest maintenance for the property. We segue and talk about Leasehold properties too and why before agreeing to any purchase or rent, ensure that your dog's name, is on the lease!For more information visit petslets.com or follow on Instagram or TikTokFor more about Anna go to annawebb.co.ukMusic and production by Mike Hanson for Pod People ProductionsCover art by JaijoCover photo by Rhian Ap Gruffydd at Gruff PawtraitsTo advertise on or sponsor A Dog's Life email: info@theloniouspunkproductions.com
In this episode of the London Property Podcast, host Farnaz Fazaipour talks with Patrick Bullock from Stanley Property, London, about the current state of the London real estate market. They discuss several key issues:1. Market Trends: Despite challenges, Patrick notes an increase in transactions due to landlords exiting the market because of unfavorable tax policies, particularly those affecting private landlords with mortgages.2. Impact of Tax Policies: Patrick explains how changes in tax regulations, such as the inability to offset mortgage interest against income, have driven many landlords out of the market. This has led to a drop in supply and a rise in rental prices.3. Future Predictions: The conversation covers predictions for the future, including potential impacts of a Labour government and upcoming legislation like the Renters Reform Bill. Patrick expresses concerns about these changes further driving landlords out and increasing rental prices.4. Non-Dom Tax Status: They also discuss the implications of changes to the non-dom tax status, which have already led some investors to withdraw from the market.5. Solutions and Alternatives: Farnaz and Patrick touch on potential solutions, such as encouraging institutional investment in rental properties and adjusting tax policies to stimulate market activity and investment.Patrick emphasizes the need for lower taxes to create a free-flowing market, while Farnaz highlights the importance of professionally managed rental investments. They conclude by discussing the broader economic implications and the potential for property values to rise in the long term.Tune in for a comprehensive overview of the current real estate climate in London and insightful predictions for its future.Maximize your property wealth with London Property. Turn challenges into opportunities. With expert knowledge and reach, we tackle the complexities and inefficiencies of the property market with you.
The Renters Reform Bill is the final nail in the coffin for many landlords, leading to a mass exodus from the rental market, resulting in even higher rents and increased homelessness. How will this affect you ? The Daniel Latto Podcast Show is brought to you by Daniel Latto, A UK Born Brit, now living in Spain where he runs his multi million pound property portfolio, as well as a successful Digital Marketing Agency. In these podcasts, we'll go through tips, tactics and strategies you can implement to grow your wealth. The podcasts covers three main areas 1. Cut Costs 2. Generate Cash (Business) 3. Invest the rest (Property) The Podcast is hosted by Daniel Latto. Daniel Latto is a originally from Leeds, and now lives in the Mediterranean providing advice for business owners and entrepreneurs. You can contact Daniel Latto at his website at https://daniellatto.co.uk/
Today's episode is very pertinent to the current times. With a snap election just called, and disarray over the Renters Reform Bill (now that it has been shelved) there's a lot of uncertainty around. What if we get a labour government? What will their stance be on tenants and landlords? Will the Conservatives make another stab at a RRB if they win? My partner to discuss all of these issues is Suzanne Smith - a lawyer turned self-managing landlord with a portfolio of houses in Maidstone, Kent. She came to property investing fairly late when she “retired” as a corporate lawyer at the age of 51, after working for 25 years in senior in-house legal roles for multinational biotech companies. Suzanne started to share what she was learning as a landlord on her Instagram account, @indie_landlord, with practical reels that also drew on her experience and training as a lawyer. This led to her setting up her blog, The Independent Landlord, in August 2022, which provides reliable, free content on all aspects of being a landlord. It's grown to be one of the biggest blogs for landlords, with almost 20,000 click throughs on Google each month, and thousands of subscribers to her weekly newsletter. She co-hosts a new weekly podcast called Good Landlording with Richard Jackson, a landlord with a large portfolio who runs the property management software, Alphaletz. Suzanne is also an independent member of Propertymark's disciplinary tribunal. Website and social media links: The Independent Landlord website: https://theindependentlandlord.com [Please capitalise the “The” when referring to The Independent Landlord] Instagram: @indie_landlord X: @indie_landlord LinkedIn: https://www.linkedin.com/in/suzannesmithblogger/ Good Landlording podcast website: https://goodlandlording.com Good Landlording on the podcast apps: Spotify, Apple, Amazon
In this episode, I'm diving into the hot topic of the renter's reform bill and bringing you the latest updates on its progress. We'll break down the proposed amendments and explore what they mean for landlords, especially those of us who own HMO properties.Some of the headline changes include scrapping Section 21 (no-fault evictions), getting rid of fixed-term tenancies, and introducing new rights for tenants to request pets. Plus, I'll cover the revamped Section 8, detailing the grounds for possession that student landlords need to know about.Staying ahead of these changes is crucial for landlords. So, tune in to stay informed and be ready for what's coming with the renter's reform bill. -Please leave us a quick review on Apple Podcasts or Spotify if you find this episode useful.Got any questions? Ask us in The HMO Community Facebook Group or follow me on Instagram @andygraham.hmo for daily HMO tips and advice! If you want to join my 1-2-1 mentoring program, you can enquire here. New to HMOs? Join The HMO Roadmap for FREE and get instant access to our Flagship "HMO Roadmap" Course (60+ Lessons) and Revolutionary HMO Deal Stacker Tool, for 7 days!The HMO Roadmap is an exclusive community and online learning platform for HMO property investors. As a member, you'll get access to online training, group coaching, a deal stacker tool, case studies, contract templates and more resources to help you start, scale, and systemise your HMO business.
Brexit's Impact on UK Property Market: Explore the intricate effects of Brexit on the UK's real estate scene. Discover how economic uncertainty, fluctuating property prices, and policy shifts have shaped buyer opportunities and challenges. From regional variations to governmental support schemes, this story provides a comprehensive guide for navigating the post-Brexit property landscape.Transformation of London's Super-Prime Property Market: Journey through the evolution of London's luxury real estate sector. Witness the shift from Russian to American and Middle Eastern billionaire investors, driving demand for opulent single-family homes and high-security apartments. With insights into market trends and buyer preferences, this narrative paints a vivid picture of the changing face of London's super-prime properties.Debate Over Landlord Rights and the Renters Reform Bill**: Engage in the heated discussion surrounding landlord rights and tenant protections in the face of the Renters Reform Bill. Explore the implications of landlords threatening property sales to influence legislation, and the counterarguments advocating for enhanced tenant rights. With perspectives from advocacy groups and real estate professionals, gain a deeper understanding of the complexities shaping landlord-tenant dynamics in the UK.Introduction of the Reserved Investor Fund (Rif): Delve into the launch of the Reserved Investor Fund (Rif), a groundbreaking initiative poised to revolutionize real estate investment. Learn how this fund structure aims to attract UK and international capital while supporting economic growth, housing, and sustainability projects. With insights from industry leaders, uncover the potential impact of Rif on the future of real estate investment.Duke of Westminster's Rise to Wealth: Step into the world of Hugh Grosvenor, the Duke of Westminster, as he ascends the ranks of Britain's wealthiest individuals. From defying property slumps to philanthropic endeavors, follow Grosvenor's journey as a prominent figure in the real estate and investment sphere. Explore the Grosvenor family's extensive property portfolio and their enduring legacy in the UK and beyond.Maximize your property wealth with London Property. Turn challenges into opportunities. With expert knowledge and reach, we tackle the complexities and inefficiencies of the property market with you.
It's the most talked-about topic in the property world right now: the Renters Reform Bill. After finally making its way through the House of Commons, the bill seems close to being passed – but what does this mean for property investors? We also look at an unexpected move for house prices, talk about the latest Bank of England moves, and find a surprise lurking in the rental data. (0:35) Renters reform bill - the facts and our opinions (9:35) A house price surprise (13:30) Let's look at mortgage rates (17:28) What's the latest data on rents? (20:02) Hub Extra Links mentioned: Property Hub YouTube - Landlords: Is this the end? House prices: Nationwide house price index Halifax house price index RICS resident market survey Mortgages: Traders bet against sterling in belief BoE will cut rates by summer Rents: Rightmove rental tracker Hub Extra: Dial a pilot Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Subscribe to the Podcast Subscribe to our YouTube channel Sign up for our free weekly newsletter, Property Pulse Find out more about Property Hub Invest See omnystudio.com/listener for privacy information.
Five years ago the government said it would reform the private rental market, but charities that once backed the Renters Reform Bill have now turned against it.To find out more about Tortoise:- Download the Tortoise app - for a listening experience curated by our journalists- Subscribe to Tortoise+ on Apple Podcasts for early access and exclusive content- Become a member and get access to all of Tortoise's premium audio offerings and moreIf you want to get in touch with us directly about a story, or tell us more about the stories you want to hear about contact hello@tortoisemedia.com Hosted on Acast. See acast.com/privacy for more information.
Five years ago the government said it would reform the private rental market, but charities that once backed the Renters Reform Bill have now turned against it.To find out more about Tortoise:- Download the Tortoise app - for a listening experience curated by our journalists- Subscribe to Tortoise+ on Apple Podcasts for early access and exclusive content- Become a member and get access to all of Tortoise's premium audio offerings and moreIf you want to get in touch with us directly about a story, or tell us more about the stories you want to hear about contact hello@tortoisemedia.com Hosted on Acast. See acast.com/privacy for more information.
What landlords/investors need to know about the Renters (Reform) Bill In our latest podcast, Sebastian Taylor, a partner in our London Real Estate team, is joined by Matthew Bonye, Head of Real Estate Dispute Resolution, and Shanna Davison, Professional Support Lawyer, to discuss the Renters (Reform) Bill, the impact it will have on the private rented sector and steps that landlords/investors should be taking to protect their position.
With inflation dropping to its lowest point in 2.5 years and talk of interest rate cuts, what does this mean for the property market? Tune in as Rob & Rob bring you up to speed on the month's biggest news stories – including yet more shocking political developments... (0:44) The unexpected surprise for our economy (2:05) Are interest rate cuts on the way? (3:25) What's the latest on the housing market? (6:50) How's the rental market looking? (9:35) Let's talk politics – rental reform bill… (10:26) “Do as the rich do, not what they say” (12:55) Hub Extra Links mentioned: Economy: UK inflation falls to 3.4% in February Interest Rates: Rate cuts are ‘on the way': BoE's Bailey The Mortgage Works cuts BTL rates Housing Market: Annual house price growth edges up in March Rightmove house price index Share of first-time buyer sales hits record high Rental Market: Landlords could be banned from raising rent under radical SNP crackdown Generation Rent claims rent control proposal still not tough enough Zoopla UK Rental Market Report – March 2024 February data points to normalising lettings market: Foxtons Rental Reform Bill: Gove bringing Renters Reform Bill back to Commons in mid-April Angry tenant groups slam Renters Reform Bill changes Misc: YouTube: If You Want To Buy A House, Buy NOW Wealthy investors plan to raise UK property holdings: Investec Lime App Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Subscribe to the Podcast Subscribe to our YouTube channel Sign up for our free weekly newsletter, Property Pulse Find out more about Property Hub Invest See omnystudio.com/listener for privacy information.
Renters Reform Act could fail, but is this good news for landlords? Join my Money Tips 365 Supporters Club on Spotify: - https://podcasters.spotify.com/pod/show/charles-kelly/subscribe Section 24 Tax Hike Solutions Revealed By Property Accountant Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls. Email charles@charleskelly.net for a free consultation on how to deal with Section 24. Watch video now: https://youtu.be/aMuGs_ek17s In this 45 minute interview we discuss: What is Section 24 and when did George Osbourne introduce this tax hike on landlords? 6 options available to landlords with buy-to-let properties in their own name What is classed as a property business and property partnership? Ramsay v HMRC (2013) case explained Incorporation Relief, Stamp Duty, CGT (Capital Gains tax) and much more… Over 29,000 people signed a petition calling on the government to reverse this unfair tax o landlords to no avail. Find out what you can do in this video. Email charles@charleskelly.net for a free consultation on how to deal with Section 24. #buytoletlandlord #propertyinvestment #section24tax #georgeosborne #financialfreedom #FinancialEquality #FinancialIndependence #money #MoneyManagement #rentersreform #landlord #section24 #section21 #property
Interest rates remain the same, but what does this mean for the property market? Tune in as Rob & Rob give you this month's key information on rents, mortgages, government shenanigans and more! (1:10) Interest rates update (1:43) Big news on house prices (7:10) Rents slowly increase (8:57) Mortgage approvals are up again, but what about the rates? (10:06) What's going on in the House of Commons (15:25) Hub Extra: The Price Of Money Links mentioned: House Prices Nationwide house price index Zoopla house price index Monthly sentiment survey from RICS members Rents Rightmove rental trend tracker Mortgages Bank of England money and credit Politics IFS -It's time to stamp on a tax that penalises landlords and renters Landlords welcome pragmatic amendments to rental reform plans What will happen to the Renters (Reform) Bill should Labour come to power? Sunak considers radical plan for 99% mortgages to help first-time buyers Follow Rob B & Rob D on LinkedIn Purchase Rob D's book The Price Of Money here Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Subscribe to the Podcast Subscribe to our YouTube channel Sign up for our free weekly newsletter, Property Pulse See omnystudio.com/listener for privacy information.
Sarah Jackman is joined by Guy Fetherstonhaugh KC, barrister at Falcon Chambers, to discuss the legislative developments that have had the biggest effect during 2023. Fetherstonhaugh addresses the continuing "huge impact" of the Building Safety Act 2022, which has continued to sire a stream of secondary legislation this year, and is beginning to lead to a number of cases. Turning to residential reform, he addresses proposals in the Renters (Reform) Bill and the Leasehold and Freehold Reform Bill. In addition, Fetherstonhaugh tackles the implications for landlords of the recently enacted Levelling-up and Regeneration Act 2023, and the massive significance of the Minimum Energy Efficiency Standard regulations. But what are his thoughts on continuing litigation under the Landlord and Tenant Act 1954 and its upcoming scrutiny by the Law Commission - and what legislative change would he most like to find in his Christmas stocking?
In the latest episode of the property and politics podcast former minister Mark Prisk and EG journalist Piers Wehner look at the runners and riders in this year's King's Speech. Will the Renters (Reform) Bill have an easy ride? Will the Leasehold and Freehold Bill fall at the first hurdle? Will they all simply run out of time? And what other stalking horses might appear and which may fail to make it out of the gate?
Rob recaps the key points from the recent King's speech, focusing on housing-related announcements. The first major point is the introduction of a new leasehold and freehold bill, which will ban leaseholds for new houses in England and Wales. Additionally, the standard lease extension period will be increased to 990 years. Rob talks about the potential benefits of these changes, such as providing clarity and security for homeowners. KEY TAKEAWAYS The King's speech announced a new leasehold and freehold bill that will ban leaseholds for new houses in England and Wales, while increasing the standard lease extension period to 990 years. This aims to provide more clarity and security in the property market. Banning leaseholds for new homes is seen as a positive move for the property market, as it eliminates potential issues with leases and ground rent. However, it is not expected to have a significant impact on flats, which are commonly leasehold. The extension of lease periods to 990 years presents an opportunity for buyers to acquire properties with shorter lease terms at discounted prices and then extend the lease, adding value and ensuring long-term security. The Renters Reform Bill, mentioned in the King's speech, will eventually ban no-fault evictions in England. However, this will only come into force after reforms to the court system, which could take a considerable amount of time. BEST MOMENTS "I do think banning leaseholds for new homes is probably a good thing." "It's tidying up the system a little bit... You've added value and you've got a bit more of a long-term security when it comes to that flat." "The Renters Reform Bill, it will come into law at some point... but it will only come into force after reforms to the court system." "From a landlord's point of view, it's an absolute pain in the backside." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ's. BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL WHERE TO FIND US https://linktr.ee/thepropertynomadspodcastuk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcastThis show was brought to you by Progressive Media
As the Israel Gaza crisis continues, pressure grows on both Rishi Sunak and Keir Starmer to back calls for a ceasefire. Sacha Deshmukh, Chief Executive of Amnesty International UK, explains why he supports it and what else needs to happen for it to be meaningful. He also has advice for how you can help, either through safe protest, or through donation. Nish and Coco also ‘celebrate' Rishi Sunak's year at Number 10, revealing their highs and lows of 12 months of Sunak.Is the Government's promise to end ‘no-fault' evictions being kicked into the long grass? Nish and Coco try and work out the political manoeuvring, with the help of Toby Lloyd, who was the Downing Street housing adviser who persuaded Theresa May to promote the policy when she was Prime Minister. He also reveals what it was like to work inside the cramped rooms of Number 10…where there's every chance that your meeting might be disturbed by the Chancellor's wife coming home with the food shop!Plus find out why Coco has been having a “fat bear week”. This week Nish and Coco's great nominations for hero and villain of the week can be found on our social media platforms…find out by why bankers are winding up Nish, and why Coco's fallen in love with a sheepdog.Pod Save the UK is a Reduced Listening production for Crooked Media. Contact us via email: PSUK@reducedlistening.co.ukWhatsApp: 07514 644 572 (UK) or + 44 7514 644 572Insta: https://instagram.com/podsavetheukTwitter: https://twitter.com/podsavetheukTikTok: https://www.tiktok.com/@podsavetheukFacebook: https://facebook.com/podsavetheukYouTube: https://www.youtube.com/podsavetheworldGuests:Sacha Deshmukh, Chief Executive of Amnesty International UKToby Lloyd, Housing policy expert Audio credits:The Guardian10 Downing StreetParliamentlive.tv
Welcome to the PoliticsJOE Pubcast.Oli and Ava are joined by producer Laura for a segment on the pro-Palestine and Israel rallies that took place in London this weekend. Then, Ava explains how we're all being screwed by landlords and why Michael Gove - and his Renters' Reform Bill - may be our saviour. Presenters: Ava Santina and Ed CampbellProducer: Laura BeveridgeSting design: Chris WhiteProduction: Seán Hickey and Shawnee Linstead Hosted on Acast. See acast.com/privacy for more information.
Rishi Sunak is keen to pitch the UK as a switched-on tech trendsetter. But one week from the government's flagship AI summit, can the PM achieve his ambitions? Reporter Mark Bergen tells us the UK is a leader is some sectors, but there are plenty of challenges. Plus: the Renters Reform Bill, which will abolish 'no fault' evictions is debated by MPs after being heavily delayed. Some Tory backbenchers are reported to be unhappy at the plans. We ask Bloomberg's Damian Shepherd what they will mean for tenants, landlords and the housing market. Hosted by Stephen Carroll and Yuan Potts. See omnystudio.com/listener for privacy information.
Hit play to dive into your October Market Update – that time of the month where Rob & Rob cover the hottest stories and key information that you need to know about as a property investor. (1:05) House prices - what's happening? (2:30) Mortgage news (5:16) Rent talk (8:14) Rob's rant: HS2 (10:34) Damp and mould - new Government guidance (12:00) EPC rules scrapped (12:24) Renters Reform Bill (12:50) New York ban Airbnb - is more to come? (14:50) Hub Extra Links mentioned: Silent property crash Damp and mould guidelines Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse See omnystudio.com/listener for privacy information.
Rob talks about the three key reasons why landlords are choosing to sell their properties. He highlights the challenges landlords are facing, including increased mortgage costs, higher taxes, and uncertainty surrounding legislative changes, and sheds light on the difficulties landlords are currently experiencing and the potential implications for the rental market. KEY TAKEAWAYS Landlords are facing challenges that are causing them to sell their properties, including increased mortgage costs, higher taxes, and uncertainty about legislative changes. The supply of rental housing is decreasing as landlords sell more properties than they are buying, leading to potential increases in rent prices. Increased mortgage costs are impacting landlords' cash flow and profitability, making it more difficult for them to sustain their property businesses. Higher taxes, such as the stamp duty surcharge and the reduction in tax relief on mortgage interest, are adding additional financial burdens for landlords. Uncertainty surrounding legislation, particularly regarding energy performance certificates and the Renters Reform Bill, is causing indecisiveness among landlords and potentially making it more challenging for them to manage their properties and tenants. BEST MOMENTS "Landlords are taking an absolute battering." "Supply of rental housing is probably decreasing." "Increased mortgage costs have been a bit of a pain in the backside." "Higher taxes are another cost of business, not an ideal cost of business, but a cost of business nonetheless." "The Renters Reform Bill is just another pin in the voodoo doll, another pain in the backside thing." VALUABLE RESOURCES GET YOUR DEVELOPMENT FINANCE HERE: https://propertyfundingplatform.com/WharfFinancial#!/borrowerinitialregistration SOVEREIGN MAN PREMIUM INTELLIGENCE MEMBERSHIP https://dash.sovereignman.com/a/smc12m995/tpnpodcast SOVEREIGN MAN 4th PILLAR https://dash.sovereignman.com/a/4pmain/tpnpodcast https://www.msn.com/en-gb/money/homeandproperty/the-four-pressures-making-landlords-sell-up/ar-AA1g1VGI?cvid=c4aa068f7826452fd7ff7b6d73d5b16c&ocid=winp2fptaskbar&ei=7 ABOUT THE HOST Rob Smallbone is the author of the Amazon best-seller Buy-To-Let: How To Get Started as well as 101 Top Property Tips and Property FAQ's. BOOKS Property FAQs = https://amzn.to/3MWfcL4 Buy To Let: How To Get Started = https://amzn.to/3genjle 101 Top Property Tips = https://amzn.to/2NxuAQL WHERE TO FIND US https://linktr.ee/thepropertynomadspodcastuk property, Investment, Property, Rent, Buy to let, Investing for beginners, Money, Tax, Renting, Landlords, strategies, invest, housing, properties, portfolio, estate agents, lettings, letting, business: https://patreon.com/tpnpodcastThis show was brought to you by Progressive Media
Investing in property has long been a popular avenue for generating income in the UK, but with mortgage rates hitting a 16 year high, the standard buy-to-let model does not stack up alongside borrowing. While standard buy-to-let properties have traditionally dominated the market, alternative strategies such as serviced accommodation, holiday letting, and houses in multiple occupation (HMO) are gaining traction as landlords look to increase returns to offset high borrowing costs and more red tape. Many experts are predicting a property market crash – see Housing Market in Deep Trouble https://youtu.be/USGREwntT1IIn this article, we will delve into the pros and cons of each strategy, as well as explore the associated risks and tax benefits for landlords under UK tax law.Watch video version - https://youtu.be/5uJcr7YoPso 1. Serviced Accommodation Serviced accommodation refers to the rental of fully furnished properties on a short-term basis, often targeted at business travellers, tourists, or corporate clients. Pros:- Higher rental yields: Compared to traditional buy-to-let, serviced accommodation can provide significantly higher rental yields due to premium rates charged for short-term stays.- Flexibility: Landlords have the option to use the property for personal use when it's not occupied, offering flexibility in terms of availability and usage.- Strong demand: Popular tourist destinations and major business centres tend to attract consistent demand for serviced accommodation. Cons:- Increased management requirements: Regular cleaning, maintenance, and managing guest turnover can be more time-consuming and require active involvement from landlords.- Seasonal demand fluctuations: Depending on location, occupancy rates may fluctuate seasonally, resulting in periods of high demand and low demand.- Regulatory considerations: Compliance with local regulations, licensing requirements, and health and safety standards can be more stringent for serviced accommodation. 2. Holiday Letting Holiday letting is similar to the above model and involves renting out a property for short-term vacations, typically in popular tourist destinations. Pros:- Attractive rental income: During peak vacation seasons, holiday lets can generate substantial rental income due to premium rates charged for short stays.- Personal use: Landlords can enjoy using the property for personal vacations during off-peak periods.- Tax advantages: Holiday letting can offer certain tax benefits, including the ability to claim capital allowances and potentially qualifying for certain reliefs. Cons:- Seasonality: Demand for holiday lets can be highly seasonal, leading to potential periods of low occupancy during off-peak seasons.- Management challenges: Similar to serviced accommodation, managing bookings, cleaning, and maintenance can be more labour-intensive.- Increased competition: Popular tourist destinations often have high competition among holiday let properties, requiring landlords to differentiate their offerings to attract guests. 3. Houses in Multiple Occupation (HMOs) HMOs are properties rented out to multiple unrelated tenants who share communal areas, such as kitchens and bathrooms. Pros:- Higher rental income potential: Renting out individual rooms within an HMO can generate higher rental yields compared to traditional buy-to-let properties.- Diverse tenant pool: HMOs can attract a range of tenants, including young professionals, students, and single individuals.- Demand stability: In areas with a high demand for affordable housing or near educational institutions, HMOs can provide consistent demand for rental properties. Cons:- Licensing and regulations: HMOs are subject to specific licensing requirements and regulations, which can vary between local authorities.- Management challenges: Managing multiple tenants, ensuring communal areas are maintained, and resolving disputes can be demanding for landlords.- Potentially higher costs: HMOs may require additional safety measures and compliance expenses, such as fire safety systems and regular inspections. Tax Considerations Landlords should be aware of the tax implications of each strategy. Depending on individual circumstances, there may be specific tax benefits, including allowable expenses and tax deductions. Seeking advice from a tax professional is essential to navigate the complex UK tax landscape. Conclusion Alternative buy-to-let strategies offer landlords in the UK diverse opportunities to maximize their rental income. Serviced accommodation, holiday letting, and HMOs each come with their own set of advantages and challenges. Understanding the risks, tax implications, and individual goals can help landlords make informed decisions when exploring these alternative strategies. With the right management, there is no doubt that serviced accommodation can increase net returns for landlords, as well as removing them from current housing legislation and the forthcoming tougher legislation proposed under the Renters Reform Bill.For more information on renters reform, see my YouTube video: ‘Trouble Ahead for Landlords' https://youtu.be/_QpXWoYmG3UIf you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email southherts@localagent.co.uk with your property details and location. 3 Steps To Success Money Management!I want to help you get control of your money, learn how to invest and become financially free. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment.https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealth #bankofengland #inflation #money #servicedaccommodation #holidaylet #HMOrental #holidatrental #airbnb #booking.com This show was brought to you by Progressive Media
Landlords, lettings and deposits – expert advice from Hamilton Fraser
In this episode of The Property Cast, Eddie and Paul are joined by special guest Paul Sowerbutts, Head of Legal at Landlord Action, to discuss how the proposed changes to evictions will affect landlords. How will scrapping Section 21 really impact tenancies and, given the delay in implementing the changes proposed under the Renters (Reform) Bill, what are Paul's tips for navigating current and future tenancies? From a potted summary on how Section 21 works as it stands and how landlords can avoid the pitfalls of getting it wrong, to retaliatory evictions, the implications of changes to Section 8, and insights from the experts on what is happening on the ground with the courts, the bailiff shortage and the wider private rented sector, this episode is packed with advice from the coalface.
185 - We're excited to be joined by the Chief Executive of the National Residential Landlords Association, Ben Beadle. With so much change going on in our sector, we really do need this guidance.⭐The National Residential Landlords Association is the membership body that represents over 100,000 landlords across England and Wales⭐The Association was founded in 2020 and really provides that first class support, advice, and learning resources to landlords⭐ Ben has been a landlord for over 20 years and has also had a lengthy career in housing in Places for People and at the TDS. He is also a familiar face in the sector and in the mediaBen gives us the lowdown on what he thinks of the Renters Reform Bill and how the NRLA can help rent to rent business owners.Thinking of joining the NRL? Find out more here: https://www.nrla.org.uk/joinClick here to watch and listen to the episode✅ https://rent2rentsuccess.com/185 ✅You can find out more about the ethical way to make money from properties you don't own with our FREE Rent to Rent Masterclass and Guide.✅ Free Rent 2 Rent Success Guide & Masterclass✅ Support the show
In this episode of the podcast Will Barber Taylor, Chair of the Yorkshire and Humber Young Fabians and new host of the podcast, speaks to Conor O'Shea, the Policy and Public Affairs Manager at Generation Rent about the forthcoming Renters (Reform) Bill, an important piece of legislation that is set to change the rights of renters in England. They also discuss how renting is different for students and the renting policies of the Conservatives and Labour.
Criminals are targeting victims more effectively and exploiting banking apps on phones to steal thousands of pounds. That's the warning from one of the UK's most senior fraud officers, Detective Superintendent John Roch, who runs the Economic Crime Unit for London's Metropolitan Police. He's been speaking exclusively to Money Box - and you can hear that interview in full. The Financial Conduct Authority has told this programme it has been speaking to Scottish Widows about concerns over the company's poor customer service. For the past year Money Box has been investigating complaints about the insurance and pensions firm. Customers have been contacting us to say they have faced lengthy delays when they have tried to get hold of their money. We'll hear from some of those listeners and get a response from Scottish Widows which says its overall service levels are getting back to normal as it continues to work hard behind the scenes. It says it has significantly increased the number of colleagues answering calls and dealing with customer requests. Long-awaited plans to shake up the private rented sector in England were finally released this week. The Renters' Reform Bill includes some very significant changes, including abolishing section 21 or so-called "no-fault" evictions and preventing landlords from banning tenants who claim benefits or have children. We'll discuss what this means for renters' rights. And war widows who were forced to forfeit their pensions will receive a lump sum payment after a long running campaign. How will it work and who's eligible? Presenter: Felicity Hannah Reporter: Dan Whitworth Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle (First broadcast 12pm, Saturday 20th May 2023)
CLASH OF THE TITANS - Go To moorevleeds.com to find out more FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let https://bit.ly/BTLReport-POD The renters' reform bill was entered into parliament in May 2023, in this episode Kev, Mark and Kieran discuss their thoughts, including the upsides and downsides as well as how landlords and developers can make it work for them. KEY TAKEAWAYS The new bill will get rid of section 21, which is a 2-month eviction notice that can be served without grounds. The announcement of this bill is accelerating the mass exodus of landlords. It's important to read into the bill yourself and not just look at headlines and rumours. There will always be tenants and therefore opportunities for landlords to make money but it might mean an increase in rent for many. Whilst changes by government are often called reforms, Kieran believes there are a whole host of things in the past that have made things worse for both tenants and landlords including epc criteria and the inability to offset interest. If legitimate landlords are having to charge more because of new legislation then those who can't afford rent will instead look to rogue landlords. The bill talks about changes to allowing pets but it actually may put landlords in a better position as it states that insurance by the tenant will need to be bought to cover damage. It's not just landlords that ask tenants to leave, tenants often want to leave after shorts amount of time too. Ultimately cost will be going up for both landlords and tenants as a result of this bill. BEST MOMENTS “None of this is set in stone there are potentially things that could be changed” “There are laws in this country that protect tenants” “Landlords will just have to get better at using the section 8” “A buy to let landlord will only be there if they can make money” “All of this stuff can be used as an opportunity” VALUABLE RESOURCES https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/ ABOUT THE HOST Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties. CONTACT METHOD Email: Markhomer@progressiveproperty.co.uk LinkedIn: https://www.linkedin.com/in/markhomer1 Facebook: https://www.facebook.com/markprogressive Twitter: https://twitter.com/markprogressive ‘Brought to you by Progressive Media': https://progressivemedia.uk/This show was brought to you by Progressive Media
CLASH OF THE TITANS - Go To moorevleeds.com to find out more FREE DOWNLOAD How YOU Can Make A FORTUNE From Buy-To-Let https://bit.ly/BTLReport-POD The renters' reform bill was entered into parliament in May 2023, in this episode Kev, Mark and Kieran discuss their thoughts, including the upsides and downsides as well as how landlords and developers can make it work for them. KEY TAKEAWAYS The new bill will get rid of section 21, which is a 2-month eviction notice that can be served without grounds. The announcement of this bill is accelerating the mass exodus of landlords. It's important to read into the bill yourself and not just look at headlines and rumours. There will always be tenants and therefore opportunities for landlords to make money but it might mean an increase in rent for many. Whilst changes by government are often called reforms, Kieran believes there are a whole host of things in the past that have made things worse for both tenants and landlords including epc criteria and the inability to offset interest. If legitimate landlords are having to charge more because of new legislation then those who can't afford rent will instead look to rogue landlords. The bill talks about changes to allowing pets but it actually may put landlords in a better position as it states that insurance by the tenant will need to be bought to cover damage. It's not just landlords that ask tenants to leave, tenants often want to leave after shorts amount of time too. Ultimately cost will be going up for both landlords and tenants as a result of this bill. BEST MOMENTS “None of this is set in stone there are potentially things that could be changed” “There are laws in this country that protect tenants” “Landlords will just have to get better at using the section 8” “A buy to let landlord will only be there if they can make money” “All of this stuff can be used as an opportunity” VALUABLE RESOURCES MSOPI – Multiple Streams of Income: https://www.progressiveproperty.co.uk https://kevinmcdonnell.co.uk ABOUT THE HOST Kevin McDonnell is a Speaker, Author, Mentor & Professional Property Investor. He is an expert when it comes to creative property investment strategies. His book No Money Down: Property Invest talks about how to control and cash flow other people's property to create financial freedom. CONTACT METHOD https://www.facebook.com/kevinMcDonnellProperty/ https://kevinmcdonnell.co.uk/ TikTok: https://www.tiktok.com/@progressiveproperty YouTube: https://www.youtube.com/channel/UC0g1KuusONVStjY_XjdXy6g Twitter: https://twitter.com/progperty LinkedIn: https://www.linkedin.com/company/progressiveproperty Instagram: https://www.instagram.com/progressiveproperty/ Facebook Community: https://www.facebook.com/groups/progressivepropertycommunity Facebook Page: https://www.facebook.com/Progpertyprogressive, property, investing, rent, housing, buy to lets, serviced accomodation, block, auction, home, financial freedom, recurring income, tax, mortgage, assets: http://progressiveproperty.co.uk/This show was brought to you by Progressive Media
Hundreds of mortgage products have been pulled off the market, and the latest inflation figures have shocked the market. Join us to make sense of this week's market news, and learn how you should respond. (0:54) What's going on with house prices? (6:46) Are city house prices suffering? (9:01) How are the top cities performing? (10:23) What's going on with the mortgage market? (14:35) What's the latest on the Renters Reform Bill (15:13) Upcoming changes to EPC ratings (16:00) Is the leasehold reform coming soon? (17:04) Hub Extra Links mentioned: Annual house price growth slips back in May Are UK house prices falling in May 2023? Rightmove House Price Index Hometrack House Price Index The Era of Huge UK House Price Rises Is Ending, Economist Says Resi and BTL ranges fall, rates rise: Moneyfactscompare.co.uk Backlash grows over new energy efficiency rules for landlords, as experts grow sceptical of EPC ratings and say they can't be trusted Leasehold WILL be abolished if we get into power, promises Labour OFFICIAL: Latest evictions surge ‘due to reforms pushing out landlords' Houses vs Flats – So many people get this wrong! Send to Kindle Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse See omnystudio.com/listener for privacy information.
James D'Souza discusses the Renter's Reform Bill 2023 - what it means, how it might affect you, and what to expect when it comes into force. KEY TAKEAWAYS This was first raised in the 2019 Conservative manifesto, with the aim of creating a fairer rental market for all, balancing the power between tenants and landlords. Rents can only be increased once per year, must be a fair figure in line with inflation, and must be a justified increase. Ombudsmans will be settling disputes from now on, at a cost to landlords. This forces landlords to prevent such measures being taken in the first place. BEST MOMENTS 'Now the dust has settled, we can take a look at what those changes are' 'We want to be fair as landlords and give our tenants good homes' 'We should only provide homes we would wish to live in' VALUABLE RESOURCES This Property Life - https://podcasts.apple.com/gb/podcast/this-property-life-podcast/id1540075591 Property Wealth System YouTube - https://www.youtube.com/c/PropertyWealthSystem To enter the competition, make sure you follow or subscribe to the podcast and leave a review, LIKE the Property Wealth System page on Facebook (SEE LINK BELOW), and then TAG 3 friends on the competition post you'll find there! ABOUT THE SHOW This Property Life is hosted by the team at Property Wealth System. We are a collective of experienced active investors passionate about all things property. Caroline Claydon Caroline Claydon has over 22 years experience in investing in property but it's only the last 12 years she's operated as a professional investor. Her and her husband have built their portfolio throughout the UK covering strategies from buy to let's, social housing, HMOs, developments and more recently a hotel. She has travelled the world training people for the last 10 years on how to invest, scale and accelerate their UK property businesses regardless of where they are based. Caroline loves helping people reach their full potential by changing their mindsets to money, debt, property and investing. James D'Souza started investing in property from a young age and now owns a significant portfolio of buy-to-let properties, professional HMO's and commercial developments. Whilst actively growing his own property business, James helps countless other people start and scale their own property journey. CONTACT METHOD You can join Caroline and James along with a whole host of other like-minded investors in the Property Wealth System Facebook Community: https://www.facebook.com/groups/propertywealthcommunity Caroline Email: caroline@propertywealthsystem.co.uk Caroline Linkedin: https://www.linkedin.com/in/caroline-claydon-property/ James Email: james@propertywealthsystem.co.uk James Linkedin: https://www.linkedin.com/in/james-d-souza-552342104/This show was brought to you by Progressive Media
Ben Beadle, Chief Executive at National Residential Landlords Association, visited the WatkinSofa in late May 2023 to discuss the Renters' Reform Bill and its impact on the Lettings Industry.
Jess Harrold is joined by Imogen Dodds, of Falcon Chambers, to discuss the Renters (Reform) Bill recently introduced to parliament – legislation intended to deliver the government's long-standing promise to abolish so-called "no-fault" section 21 evictions. Dodds explains the political background to the Bill, offers a comprehensive outline of the proposals contained in the current draft and details the practical implications for landlords and tenants – including increased security of tenure for the latter and new grounds for seeking possession that will become available to the former. In addition, Dodds appraises how well the Bill as drafted addresses the issues facing the residential sector and balances the competing interests of landlords and tenants, and offers thoughts on how smooth its passage through parliament may be.
The UK rental market is set to undergo a significant transformation with the recent publication of the Renters Reform Bill. This proposed legislation aims to strengthen the rights of tenants while limiting the power wielded by landlords. With the increasing demand for affordable and secure housing, the bill seeks to create a fairer and more balanced rental sector. Let's summarise some of the key provisions outlined in the bill that will impact both tenants and landlords: Section 21 ‘no fault' evictions to be abolished. The end of section 21 “no fault” evictions, meaning a landlord will only be ‘allowed' to evict a tenant if they have a “reason”, e.g. antisocial behaviour, unpaid rent, or a need to sell the property A new ombudsman to resolve disputes between tenants and landlords A new property portal that landlords MUST register with, allowing tenants to view information about their landlord before signing a tenancy agreement Tenants to be given the legal right to request a pet, such as a dog or cat, in “their” home A new Decent Homes Standard that will set minimum standards for the quality of housing Blanket ban on benefit tenants to be abolished. Will be illegal for landlords and agents to have blanket bans on renting to tenants in receipt of state benefits. The Bill will become law after passing through the commons and House of Lords where it will be debated and scrutinised by MP's and Lords. The opposition Labour Party largely support the tougher legislation and the also government has majority in parliament. See also: Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up Misery For Mortgage Holders As UK Interest Rates Rise AGAIN - https://youtu.be/BNe5eV37iiM What is your biggest money worry? I want to show you how can you: Not only survive, but thrive in a recession or depression? Get control of your finances and spending? Save and invest for your future? Learn about money and finance? To help you, I am running a free training webinar. 3 Steps To Success Money Management! I want to help you get control of your money, learn how to invest and become financially free. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below to avoid disappointment. https://bit.ly/3QPp8IH #interestrates #property #mortgages #remortgage #firsttimebuyer #mortgagerates #homebuyers #estateagent #housepricefall #finance #moneytraining #moneymanagement #wealthThis show was brought to you by Progressive Media
181 - We've been waiting for it for a while and finally the Government have published the Renters Reform Bill! But remember, this is just the draft legislation, so what is proposed may not be introduced exactly how it is outlined in the draft.Whatever the decision and whatever comes into force, people are forecasting that this legislation will come into law around early 2024. There are 6 main areas covered in the draft which I am going to talk through, as well as what the impact is for rent to rent HMOs. Could this be the end of buy to let?I personally feel there is not a huge change from how we operate now...But see what you think!Click here to listen to the episode✅ https://rent2rentsuccess.com/181 ✅You can find out more about the ethical way to make money from properties you don't own with our FREE Rent to Rent Masterclass and Guide.✅ Free Rent 2 Rent Success Guide & Masterclass✅ Support the show
Landlords, lettings and deposits – expert advice from Hamilton Fraser
In this bonus episode of The Property Cast, Sean Hooker, Head of Redress at the Property Redress Scheme and Kate Faulkner OBE, one of the UK's leading property experts, explore their thoughts on the much anticipated Renters (Reform) Bill. Is it the game changer it is being billed as, and how will it make a difference to redressing the balance between landlords and tenants in the private rented sector? Sean and Kate explore some of the key components of the Bill, from the implications of scrapping Section 21 to whether the introduction of rolling tenancies will actually make tenants more or less secure. What do Kate and Sean think are the best bits of the Bill, and what are the biggest issues that will need to be addressed before it becomes law? Tune in to hear what the experts think and what landlords should do now.
Never ones to shirk a challenge, Nish and Coco launch ‘Chat Shit Get Banged', their campaign to stop politicians from lying. They get some expert help from Will Moy, from fact checkers Full Fact - he's dedicated his life to correcting the mistakes and mistruths of the people elected to lead us…not mislead us. With a general election on the horizon next year, he tells them he's done with “bullshit manifestos”, and reveals how AI could help root out the liars.Campaigning works! Nish and Coco dissect the new Renters Reform Bill, which has finally been published thanks to the tireless efforts of people like our guest Anny Cullum, one of the founders of the community union Acorn. But does it go far enough? The Bill doesn't really address rocketing rents, so we ask if rent controls are the next battleground.Plus, Nish takes on the NatCons, but has a rare good word for Jacob Rees-Mogg. We also introduce you to Marvel's newest superhero: Ombudsman, and find out why Coco knows so much about rats' mating habits.If you want to support Full Fact's campaign to amend the rules to make it easier for politicians to correct mistakes, then you can sign their petition here: https://actions.fullfact.org/petitions/mps-owe-us-truth/?utm_source=%2F&utm_medium=home Pod Save the UK is a Reduced Listening production for Crooked Media. Contact us via email: PSUK@reducedlistening.co.uk. WhatsApp: 07514 644572 (UK) or + 44 7514 644572Twitter: @podsavetheukGuests:Will Moy, Chief Exec of the fact checking charity Full Fact Anny Cullum, Policy Officer and Researcher for the tenants and community union ACORNAudio credits:https://nationalconservatism.org/@NatConTalk
It's the biggest issue facing Britain in a generation. The UK's broken housing market is fuelling deprivation and poverty on a vast scale - and policymakers are struggling to find a solution. In this week's episode of The i Podcast, we are taking a deep dive into how the UK became addicted to rising house prices and the effects of this, from leaseholders to renters, and homeowners grappling with soaring interest rates.Our guide on this journey is i housing correspondent Vicky Spratt, who explores what can be done to fix Britain's housing mess. Vicky is also taking your questions on matters including if we are on course for a house price crash, the 100 per cent rate mortgage, leasehold reform, and shared ownership. She's also answering your questions on solutions such as a land value tax and the upcoming Renters Reform Bill.Sign up to Vicky's newsletter here: https://inews.co.uk/my-account?ico=signup_header Produced by Julia Webster. The executive producer is Albert Evans.Music featured is by Michael Kobrin and Lexin Music - licensed via Pixabay.Check out their music here:https://pixabay.com/music/modern-classical-the-introvert-michael-kobrin-10959/https://pixabay.com/users/lexin_music-28841948/ Hosted on Acast. See acast.com/privacy for more information.
London's renting crisis isn't going away anytime soon. Figures show that annual rent growth has risen by 20% in the capital, the shortage of affordable rental accommodation is increasing, and the lack of protection for private tenants means the Renters' Reform Bill can't come quickly enough. Prudence Ivey, the Evening Standard's Homes & Property Editor, explains the current issues and trends in the London rental market.In part two, Conor O'Shea from Generation Rent, a campaign group led by and for private renters in the UK, reveals what happened when they sat down with Secretary of State for Levelling Up, Housing and Communities, Michael Gove, to discuss the Renters' Reform Bill. Hosted on Acast. See acast.com/privacy for more information.
Landlords, lettings and deposits – expert advice from Hamilton Fraser
In this in-depth private rented sector legislation special, Eddie and Paul are joined by David Smith, head of property litigation at JMW Solicitors. The discussion kicks off with the recent landmark Rakusen v Jepsen rent repayment order case, where David represented the NRLA and which, he explains, highlights how the interpretation of legislation changes over time. In the light of the Supreme Court case and with an increasing number of ‘property gurus' damaging the reputation of the sector, should the Government be looking to reform rent to rent rules as part of the Renters' Reform Bill? Property condition is already a major focus for reform through the proposed application of the Decent Homes Standard to the private rented sector, but will the tragic death of Awaab Ishak be a game changer? And how will regulatory change be matched by enforcement? With so many legislative changes to contend with, is it time for landlords to take on a professional to manage their property, or should landlord education be compulsory, as it now is in Wales? What might the proposed new property portal for landlords in England look like – the ‘light touch' version adopted by Northern Ireland, or the ‘harder touch' Welsh approach? What are David's concerns about the Renters' Reform Bill from a lawyer's perspective? They may not have all the answers, but this podcast is jam-packed with expert insights and challenge around the often-overlooked details of private rented sector legislation.
This weeks Ask The Angels question is from Eileen and she wants to know how the Renters Reform Bill can impact her rent to rent business.So, here is Eileen's question...“Have you read the Renters Reform Bill published on 16 June?What will it mean for rent to renters?”This is a great question and the best place to start is looking at what the Renters' Reform Bill is.⭐The bill is part of the government's latest white paper – A Fairer Private Rented Sector. ⭐The government describe it as “delivering a fairer, more secure, and higher quality Private Rented Sector”. ⭐It's the biggest changes for the rented sector in the last 30 years.⭐Originally proposed back in 2019, the Renters Reform Bill has been long awaited as it was proposed that it would end the ‘unfair situation' where renters can be evicted for no reason and tackle ‘unfair rent increases'.In this episode I'm going to talk through the details and the impact the bill will have on rent to rent. *Do remember, none of this is law yet, this is what's proposed and it may or may not actually be introduced in law exactly as is. And the government says at least 6 months notice will be given*Visit the episode page to hear the full answer and ask your question!✅ https://rent2rentsuccess.com/ata68 ✅You can have you question answered at✅ https://rent2rentsuccess.com/ask ✅If you're also at the beginning stage and you want the full overview of how all this works.Get your free Rent 2 Rent Success Masterclass & Guide which takes you through the process ✅ https://rent2rentsuccess.com/guide ✅ Support the show