News items by Tag: News Category
The average buy-to-let investor in England and Wales earned a total return of £12,129 in the year to September, and that figure could double over the next 12 months.
According to the latest buy-to-let index from LSL Property Services, the average BTL investor enjoyed a total annual return of 7.4% in September, up sharply from 6.1% in August.
Labour MPs from across Wales have rounded on the Government to attack the so-called bedroom tax and changes to housing benefits.
Shadow Welsh Secretary Owen Smith used Welsh Questions to attack the
policy that Ed Miliband last month pledged to repeal if Labour wins the
2015 general election.
David Cameron may be forced to rethink his plan to deny under-25s an
automatic right to state benefits because many of the people losing out
would be single parents.
Nick Clegg is worried that parents could be affected by proposals to
restrict housing benefit for the more than one million “Neets” – young
people not in education, employment or training – under a strategy
announced by the Prime Minister at last week’s Conservative Party
Conference.
The National Empty Homes Loan Fund (NEHLF) has received enquiries for funding worth over £1 million in its first month.
The scheme, which is aimed at bringing some of England’s 710,000 empty homes back into affordable use, has been inundated with enquiries as property owners apply for funds to renovate their houses.
A London local authority will pay up to half a million pounds to families it housed in bed and breakfasts for more than six weeks following an official inquiry.
A report by the Local Government Ombudsman published today found the local authority’s actions were unjust after it housed homeless families in B&Bs beyond six-weeks.
Rents have hit an 11-year high with 17 per cent more tenancies being granted this year than last, a report has shown.
Sequence, a chain of estate agents with 290 branches nationwide has published their most recent report, which shows rents rose 4 per cent in August and 11 per cent annually to £779 a month.
More than 50,000 people affected by the so-called bedroom tax have fallen behind on rent and face eviction.
The statistics reveal the scale of debt created by the Government’s under-occupancy charge, as one council house tenant in three has been pushed into rent arrears since it was introduced in April.
A new campaign has kicked off with a letter to the UK's political party leaders urging them to reject misleading stereotypes of benefit claimants and instead focus on the needs of ordinary families on welfare.
Launched today by the Child Poverty Action Group (CPAG), the 'People Like Us' campaign claims that the current debate about social security is failing ordinary families.
A credit reference company has warned that much more needs to be done to combat tenancy fraud as new figures reveal that the number of detected cases of the crime increased by 70% in 2012.
Using data obtained from councils under the Freedom of Information Act, Callcredit Information Group's (CIG) research builds on a report it published last year that showed 90% of all tenancy frauds went undetected in 2011.
Over half (51%) of renters in the private sector have had bad experiences of letting agents and landlords, a new survey has revealed.
According to The Tenants' Voice, an online resource for people in rented accommodation, 37% of renters wouldn't rent another property from their current landlord or agent.