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Keeping It Real Estate News and Trends in UK Real Estate, Disputes and Planning Law

Tag Archives: private rented sector

Posted in Real Estate News

COVID-19 in the UK: emergency legislation for renters

The government has confirmed it will bring forward emergency legislation to protect residential tenants from eviction. Following the Budget which announced mortgage “holidays” for those who own their homes, the government has been urged to assist private renters impacted by COVID-19.

Under the emergency legislation landlords will be unable to start proceedings to obtain possession Read More

Posted in Real Estate News

Coming soon: New electrical safety standards for PRS landlords

New draft Electrical Safety Regulations have been laid before Parliament but what do they mean for landlords in the private rented sector?

When and where will they apply?

If passed, these regulations will apply in England to most new residential tenancies from 1 July 2020 and all existing residential tenancies from 1 April 2021.

They Read More

Posted in Real Estate News

Time’s almost up for residential letting fees

Seven months on from its publication in November 2017, the draft Bill to ban residential letting fees has undergone the Committee Stage of pre-legislative scrutiny without amendment and now heads back to Parliament for its Report Stage. As the Bill looks increasingly likely to become law, we take stock of the Bill’s aims and review Read More

Posted in Real Estate News

A slice of good fortune for student and PRS investors? Impact of SDLT changes

The changes announced on 3 December to the calculation of Stamp Duty Land Tax on residential property (see Chancellor slices up SDLT) will similarly modify the way in which the tax is calculated when claiming Multiple Dwellings Relief.

Before 4 December 2014, the rate of SDLT applicable to a qualifying transaction in ‘multiple dwellings’ Read More