New Section 21 Forms in October 2015

New Section 21 Forms were introduced in October 2015. We will shortly add some comments here about the change.

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How to Rent booklet from the government

The Government have a helpful "How To Rent" booklet. It is frequently updated, so their advice is to search online for How to Rent or you could go their page at https://www.gov.uk/government/publications/how-to-rent.

The booklet is published by the Department for Communities and Local Government, and is written "for people who are about to rent a house or flat".

There were changes in October 2015, so we have a copy of the booklet in case the Government's web server is down.

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BofE keep bank rate at O.5%

The least surprising bit of news is -

Bank of England maintains #BankRate at 0.5% and the size of the Asset Purchase Programme at £375 billion...

— Bank of England (@bankofengland) October 8, 2015

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Interactive graphs - global housing market

Interactive #Dailychart: Which housing market looks most vulnerable around the world? http://t.co/yMlX7qQvha pic.twitter.com/78EEkiHLuK

— The Economist (@TheEconomist) October 7, 2015

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CCHPR report on London rent controls

According to a report by Cambridge Centre for Housing & Planning Research (CCHPR), 60% of London landlords would look to reduce the size of their portfolios if a rent freeze was implemented. 

The report commissioned by the London Assembly Housing Committee, spoke to 200 landlords.

The majority of landlords interviewed said the would 'continue as they are' if rents could only be increased in line with inflation, although 40% of participants stated that they would sell some or all of their properties if this measure was introduced.

 Tom Copley, chair of the London Assembly Housing Committee commented on the reports findings 

- "The choice is not simply between regulating rents and not regulating rents. There is no "one size fits all" system of rent control, with many cities around the world adopting different models. Each system has upsides and downsides. Our report seeks to find out what could work in London.”

“We need solutions that work for the millions of Londoners – especially families – in the rental sector. For families, the prospect of having to up sticks with very little notice often means disruption to many aspects of their lives, including schooling and employment,”

The report's findings are to be discussed.... 

Read the full report - Rent Stabilisation for the London Assembly

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If you really must buy a rental property

If you really must buy a property to rent out, do it here #BuytoLet http://t.co/9qdagPeZhn pic.twitter.com/VRSJWVKwjp

— MoneyWeek (@MoneyWeek) October 8, 2015

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