Pennington News

News

  • Changes to Right to Rent Checks

    June 18, 2021

    There are changes planned for Right to Rent checks in England from next month and it is something that landlords must make sure they keep the right side of the law on...

  • New notice periods from 1st June

    June 8, 2021

    I wrote recently about the latest update the Government announced regarding notice periods, after what has been nearly 14 months of change and review. So, with effect from this week, the ban on bailiff-enforced evictions ended on Monday 31st May and from Tuesday 1st June, notice periods in England that were six months, will now reduce to at least four months...

  • Housing Reform Announced in Queen’s Speech

    May 28, 2021

    In the recent Queen’s Speech, when the government set out their plans for the next parliamentary session, there were four key elements on the housing sector. These were significant changes to planning rules, a new Building Safety Regulator, leasehold changes which affect ground rents, and the next steps for Renters Reform...

  • Further Calls for Regulation in Property Sector

    May 17, 2021

    I am a long-term supporter of regulation across our industry and I welcome any increased focus on this...

  • Increased demand for rental property

    May 7, 2021

    The latest figures on the property market have been issued and they show an increasing demand for private rental properties, while supply of this type of housing has fallen...

  • Pennington has been on the move too

    May 2, 2021

    It is not only our clients we have been helping find new property recently, Pennington has also been on the move and with the lifting restrictions on all retail we are now fully up and running from our new premises in Woodbridge...

  • A brighter future for buy to let

    April 23, 2021

    Following last month’s decision to leave Capital Gains Tax (CGT) as it is for property and not use it – as some had speculated - to help plug some of the financial gap left by the impact of Coronavirus, there has been even greater relief for what it means for the private rented sector...

  • Mediation service available for landlords and tenants

    April 16, 2021

    Last week details of the Government’s housing possession mediation service were released, as part of the current court process for housing possession cases...

  • Rent Arrears and Breathing Space Regulations

    April 9, 2021

    New regulations come into force next month and it could have implications for landlords with tenants who have rent arrears...

  • No Change to CGT Welcomed

    April 6, 2021

    In July 2020, the Chancellor asked the Office of Tax Simplification (OTS) to carry out a review of Capital Gains Tax (CGT). It was widely anticipated that CGT would increase to help plug some of the financial gap left by the impact of Coronavirus. So, there was surprise in the private rented sector – and a sense of relief - last week when an announcement was expected, but CGT has been left...