Category: Legislation

Housing Policy in the 2024 Election: Conservative vs Labour

With the General Election just 2 weeks away, we take a look at the different housing policies being proposed by both the Conservatives and Labour parties. There are some key issues affecting the UK housing market and the major parties seem to agree on much of what is needed. It’s how they plan on going […]

Renters Reform Bill abandoned but Leasehold & Freehold Reform Act becomes law

The sudden and unexpected announcement by Rishi Sunak that a General Election will take place on 4th July has resulted in the hotly debated Renters Reform Bill being scrapped…..for now. Parliament had a limited amount of time during the ‘wash-up’ process to force the Bill through before dissolution. However, due to the Bill’s complexity and […]

Leasehold & Freehold Reform Bill Update

The hotly debated Leasehold & Freehold Reform Bill is making quick progress through Parliament having now had it’s 1st and 2nd readings. The Bill is currently awaiting it’s 3rd and final reading at the House of Lords before final amendments and then Royal Ascent into Law.  This complex piece of legislation aims to crack down […]

Renter’s Reform Bill Update

As the ever evolving Renter’s Reform Bill lingers on the Tories manifesto, the Department for Levelling Up, Housing and Communities is planning to make various amendments to the proposed Bill.  These amendments are: 1. All tenancies will be for an initial 6 month term, thereby providing some certainty for both tenants and landlords and establishing […]

Own a Leasehold property? Positive change is on the horizon.

The Leasehold and Freehold Reform Bill, set to become law in the summer of 2024 (at the earliest), aims to improve homeownership for 5 million leaseholders in England. The bill will hopefully reinvigorate investment in leasehold properties thereby fuelling the supply of properties to the private rented sector (PRS).  The bill sets to make additions […]

Spring Budget Tax Cuts for Landlords, but is it enough?

In today’s Spring Budget announcement, Jeremy Hunt revealed plans to decrease the higher rate of property Capital Gains Tax from 28% to 24%.  Capital Gains Tax is levied on properties when an individual earns a profit from selling a property that is not their primary residence. This tax is applicable when selling various types of properties, […]

What is Right to Rent?

What is Right to Rent and how does it affect you as a landlord? The Right to Rent regulation was brought in by the Immigration Act 2014. It requires that all landlords with privately rented properties in England confirm that tenants renting their properties are legally permitted to live in the UK. Failure to comply […]