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Pennington News

News

  • Coronavirus and renting

    March 31, 2020

    In the years I have been writing articles on the housing industry for this paper, I have never needed to caveat a piece by saying that this was the most current information available and it could be subject to change by the time it goes to print...

  • The Spring Budget and Housing

    March 23, 2020

    Amid fairly turbulent times and just weeks into his new role, the new Chancellor of the Exchequer, Rishi Sunak, delivered his first budget last week which brought with it a range of measures affecting the property industry...

  • Demand for rental property at all time high

    March 13, 2020

    ARLA Propertymark produces regular reports on the private rented sector and their latest findings show that demand for rental property has hit an all-time high. This is against a backdrop of falling supply of rental stock...

  • Cutting the Cost of New Homes

    March 6, 2020

    The Housing Secretary, Robert Jenrick MP, has announced a new scheme to help first-time buyers to get onto the housing ladder. The First Homes scheme will cut the cost of some new homes by a third and will mean that the discount will be carried forward each time the property is sold, so that future first-time buyers continue to benefit...

  • Call on Chancellor to Change Landlord Taxation

    February 21, 2020

    Prior to the Cabinet reshuffle last week which saw Rishi Sunak replace Sajid Javid, as Chancellor, ARLA Propertymark had submitted suggestions to HM Treasury on new policy ideas to be included in the 2020 Spring Budget...

  • Rental Shortage Must be Addressed

    February 14, 2020

    I have written numerous times about the increasing legislation being imposed on the private rented sector and the impact this is having on the landlords, who own maybe one or two properties and on whom the market relies. We are seeing even long-term landlords selling up and exiting the sector and the implications of this are something the Government must address to secure housing needs in this...

  • More Legal Changes in 2020 – You Need to Know

    January 31, 2020

    Last week I wrote about the forthcoming regulations on electrical testing, which could mean fines of up to £30,000 for non-compliance, and this week I’m highlighting more legal changes you will need to know...

  • Mandatory Electrical Testing – What You Need to Know

    January 24, 2020

    It is expected that within the coming weeks new regulations around electrical testing will be approved by the House of Commons and the Lords, which could mean fines of up to £30,000 for non-compliance...

  • Is it realistic to force landlords to accept pets?

    January 20, 2020

    In a surprise announcement earlier this month, the Ministry of Housing, Communities and Local Government stated that they would make it easier for tenants with pets to rent property. In the statement it said that Housing Secretary Robert Jenrick is to look at removing restrictions within tenancy agreements to make this happen, as the Ministry claims that currently just 7% of rental properties...

  • Looking Forward to 2020 – Property Predictions for the Coming Year

    January 10, 2020

    Happy new year and I hope that 2020 is a healthy and prosperous time for you...