Majority of People Want the Lettings Industry to be Regulated
Landlord News (18/11/2016)

Politicians sporting a hard hat and hi-vis jacket, waving a clay brick’: The 19-year merry-go-round that has seen 14 housing ministers fail 
Mail on Sunday (18/11/2016)

Is Airbnb making the London housing crisis worse?
International Business Times UK (19/11/2016)

Landlords held to be not responsible for paying council tax if a tenant moves out early Property Industry Eye (21/11/2016)

Top agency says government seen as anti-landlord, pure and simple 
Letting Agent Today (21/11/2016)

Property industry calls for boost to Build to Rent Landlord News (22/11/2016)

Rent Smart Wales delays admitted by minister Carl Sargeant 
BBC News Wales (22/11/2016)

Letting fee ban is ‘draconian’ say agents as shares fall Sky News (23/11/2016)

Letting agent fees banned in Autumn Statement in ANOTHER assault on UK’s small landlordsDaily Express (23/11/2016)

Airbnb perk at Metro Bank means mortgage customers can let their home for three months a year without prior permission Mail on Sunday (23/11/2016)

English rents at second-highest level ever: Your Move 
Mortgage Strategy (23/11/2016)

SIMON LAMBERT: It’s easy for landlords to avoid becoming villains in the tenants fee ban, they should just ditch rip-off agents
Mail on Sunday (24/11/2016)

Controversial anti-fees Renters’ Rights Bill likely to be heavily amended
Letting Agent Today (24/11/2016)

Why was no one asked before bombshell? Consultation on fees ban to be launched in New YearProperty Industry Eye (24/11/2016)

Will lettings fee ban prompt rental inflation? How the Scottish market reacted Property Industry Eye (24/11/2016)

Landlords seeing the Autumn Statement as a missed opportunity
Landlord News (24/11/2016)

Call for Welsh letting agency fee ban after England move
BBC Wales (24/11/2016)

Meeting of Fair Fees Working Group to go ahead today despite ban
Property Industry Eye (25/11/2016)

Will Lettings Fee Ban Force Landlords Out of the Sector?
Landlord News (24/11/2016)

The rise in buy-to-let through limited companies What Mortgage (25/11/2016)

Have agents played a part in the ban on fees by putting profits before reputations? Property Industry Eye (25/11/2016)

55,000 private landlords register for licences in Wales Loan Talk (24/11/2016)

Disappointing day for landlords

It has been a disappointing day for landlords, with Philip Hammond’s announcement to ban letting agent fees paid by tenants yet another blow to the PRS.

In his Autumn Statement, the Chancellor said he was taking action against the ‘spiralling’ unregulated fees charged by agents,  a move which will pass the fees onto landlords, inevitably pushing up rents for tenants.

And while there were no big surprises there was other worrying news, with tax on insurance premiums to go up by 2% and the announcement that the Government is planning a review into the way incorporated businesses are taxed.

The news of the review comes after thousands of landlords made the decision to incorporate following last years’ Mortgage Interest Relief announcement, in a bid to reduce tax liability.

The Chancellor’s decision to ignore the opportunity to look at Mortgage Interest Relief was also a big disappointment, after calls from across the industry to reverse this unfair tax-grab on landlords.

There were also no changes to the Stamp Duty surcharge introduced by George Osborne. To read the full Autumn Statement documents click here. 

Letting fee ban will drive up rents

A ban on letting agent fees paid by tenants will increase market rents – hitting hardest the tenants they are designed to help.

Housing Minister Gavin Barwell MP said in a tweet just weeks ago that a ban was a: “Bad idea – landlords would pass costs on to tenants via rent. We’re looking at other ways to cut upfront costs & raise standards.”

The RLA has the same concern. Chairman Alan Ward said: “Agent fees have to be paid by somebody. If any additional fees are passed on to landlords, tenants will end up paying them forever as market rents will increase.”
Read more…

Ban on letting agents fees – the industry opinion

Lettings Agent associations have joined the RLA in condemning the Government’s decision to ban letting agent fees paid by tenants.

David Cox, managing director of the Association of Residential Letting Agents (ARLA) has branded the move ‘draconian’ with Isobel Thomson of the National Approved Letting Scheme (NALS) saying the majority of letting agents fees are ‘fair and reasonable’.
Read more….

RLA Chairman reacts to Hammond’s Autumn Statement

RLA Chairman Alan Ward has released a video message reacting to today’s Autumn Statement and talking about how it will impact on landlords.
To watch the video click here.

Large drop in repossession claims in the last two years
Landlord News (11/11/2016)

Buy-to-let squeeze continues as landlords with multiple properties are warned of mortgage headache when new rules bite in 2017
Mail on Sunday (11/11/2016)

Call to extend Rent Smart deadline for Wales’ landlords
BBC – Wales (13/11/2016)

More from the housing industry wishlist ahead of this year’s Autumn Statement
What House (14/11/2016)

One in four buy-to-letters sell up due to new tax The Telegraph (14/11/2016)

Britons with no passport struggling to rent due to immigration checks
The Guardian (14/11/2016)

Students facing increasing rents as landlords snub university lets
Property Industry Eye (15/11/2016)

Landlords drop legal action against Bank of Ireland over 2013 tracker mortgage rate hike – with borrowers are told to sue solicitors instead
Mail on Sunday (15/11/2016)

ONS: House price growth fell to 7.7% in September 
Mortgage Introducer (15/11/2016)

Airbnb gives in to San Francisco’s registration demands 
Wix Techs (15/11/2016)

Buy-to-let business slowing down because of Government tax crackdown
The Express (16/11/2016)

Landlords urged not to tackle tax changes alone Loan Talk (16/11/2016)

What will be the biggest issues facing landlords in 2017? 
Property Industry Eye (16/11/2016)

Landlords Win Council Tax Court Case Landlordzone (17/11/2016)

Bank clampdown on buy-to-let loans: Regulators set to be handed sweeping new powers to intervene in the market Mail on Sunday (17/11/2016)

Redfern Review calls for cross-party housing measures
Mortgage Introducer (17/11/2016)

Sharp rise in British expats seeking to invest in UK property …
Landlord Today (17/11/2016)

What a Year it’s been for the Private Landlord! Landlordzone (17/11/2016)

The Decline Of Home Ownership Will Not Be Reversed Until Housing Is Plentiful And Cheap The Blog- Huffington Post (17/11/2016)