Alliance for Housing Justice’s Post

Changes are coming and Agents need to think now about how their service offerings may need to change... Any tenants in current rental properties are likely to be affected under current tenancy agreements and landlords under your terms and conditions...

People are debating will this work? They are missing the point. The main point here is this ! It doesn’t need to work! This is not about solving a problem. It’s about an ideology of “eating the rich” where the greens feel private landlords have too much wealth. It’s also about power. That’s why the Bute house agreement has been mentioned, “the Greens have power we can do these things “ and they are absolutely right on that one. The country should be asking why a party with less than 0.1% of the vote should have this power. Simple, the SNP gave them it to gain their majority. By the time decent landlords pay interest, factoring, insurance, management, repair and maintenance costs. And now redecoration every time a rental becomes vacant as the tenant will have decorated in their personal stye. There will be no margin left in it. So watch the rental market decline even further. These properties will no longer go to those who cannot afford a deposit, a mortgage or require the flexibility to move every year or so. They will go to the highest bidder where the bank of mum and dad provide a deposit and a building society lend 4 times income. Great news if your a bank or a lawyer. Dreadful news if you need a rental. Who votes for these people? In this case almost no one.

Discover how apartment communities are empowering renters to enhance their financial well-being. Learn valuable tips and insights to manage finances effectively. Check out the article here: https://lnkd.in/g9hErsPK #FinancialHealth #ApartmentLiving #CommunitySupport

Sir Jacob Rees-Mogg's recent critique of Michael Gove's Renters (Reform) Bill sparks discussions about property rights and government regulation. Learn more in our latest blog post, where we look at the key arguments and shed light on the potential impact on both tenants and landlords. #RentersReform #HousingPolicy #GovernmentRegulation https://lnkd.in/dbfNWujY

Ok, this is getting out of control. There are about 30,000 full time residents in this area but we have 14 storage facilities and 11 car washes on a 5 mile stretch of road. It makes zero sense, there are just not enough overfilled attics and cars on the road to justify that number of these businesses. And they’re building more! Here’s the thing though, these business don’t actually need to make money they just need to barely break even to make sense. The value of land in this area has skyrocketed so much in the last ten years that it actually makes financial sense to buy land, put a business on it that can pay for the taxes/insurance and just sit on the real estate until you can cash in. It totally sucks for everyone in the meantime though. I mean I like having a clean car and everything but how much better would it be for the community to have a restaurant on that land? Or…housing? Also, the places aren’t exactly beautiful either. I really wonder if there is a point at which the sheer number of placeholder/shell businesses actually ends up driving down the value of the area’s real estate. I feel like it’s not sustainable and I’m curious to know what happens!

A Shared Ownership scheme can be a useful way to get onto the property ladder. However, there are many factors to consider, including additional service charges and restrictions on home improvements. Read this months blog here: https://lnkd.in/eXt7J6Vx #SHBsolicitors #Conveyancing #SharedOwnership #LegalAdvice #Leicester

The Renters Reform Bill will soon be Law, it is not only the biggest shake-up of housing law in 30 years, it is also the biggest impact to letting agents' income streams in as many years For letting agents, however, this translates into a substantial disruption of their traditional revenue model. The most significant financial impact on letting agents arises from the ending of fixed-term tenancies. https://lnkd.in/eZiwW5gW

'Go-it-alone' landlords face increasing financial risks, warns Neil Cobbold, in his feature for Estate Agent Today. Have a read to find out why there has never been a more necessary time for landlords to secure the services of a professional letting agent to look after the day-to-day running of their property portfolios.

Buying a rental property can be a financially rewarding decision, offering numerous benefits and potential for a good return on investment. By understanding the key factors to consider, such as neighborhood, property taxes, and local schools, investors can make informed decisions that significantly impact their success. Learn more about these factors and make your rental property investment journey a successful one. #RentalProperty #RealEstateInvesting #FinancialSuccess

The pending changes to eviction rules in the private rented sector have sparked considerable debate. The Renters Reform Bill, expected to be finalised this year, proposes abolishing Section 21 ‘no-fault’ evictions, drawing concern from landlords and property investors. Read more here to learn about the bill: https://buff.ly/3t3utot #rentersreformbill #landlords #tenants