Pennington News

News

  • 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...

  • Client Money Protection in the Spotlight

    March 26, 2021

    The importance of having Client Money Protection in place has been highlighted once again after a London agent has been fined £20,000 for being in breach of regulations...

  • Eviction ban extension announced

    March 19, 2021

    The Government stated they would regularly review the eviction ban that was first introduced in March 2020 and last week the Housing Secretary, Robert Jenrick MP, announced a further extension to the ban on evictions for private renters...

  • Propertymark to continue lobbying following Budget

    March 15, 2021

    At the start of the year, HM Treasury invited interest groups, individuals and representative bodies to comment on government policy and to suggest new policies for inclusion in the Budget...

  • Consultation on energy efficiency and mortgages raises concern

    March 8, 2021

    In the latest consultation the Government has on ‘Improving home energy performance through lenders’, Propertymark has raised concerns that the proposed targets are unrealistic and could put people off from moving home...

  • COVID-related rent arrears campaign

    February 26, 2021

    On March 3, the Chancellor will be announcing the Government’s second Spring Budget and in a joint statement with other industry leading organisations, Propertymark continues to highlight the need for Government to provide much-needed financial support to both landlords and renters effected by the pandemic...

  • Renters’ Reform Bill Faces Delay

    February 22, 2021

    At the state opening of Parliament in December 2019, following the General Election, the Queen’s Speech set out the Government’s plans. This included the announcement of a Renters’ Reform Bill that set out to abolish the use of ‘no fault’ evictions by removing Section 21 of the Housing Act 1988 and reforming the grounds for possession...

  • Lockdown Affect as Tenants Move from City Life

    February 5, 2021

    The property portal Rightmove recently carried out a study and found that a growing number of tenants are looking to move out of cities, which is having an impact on asking rents as more rental property becomes available...