30^th Dec 2016

The year just passed will certainly be one for the history books, but what were the biggest stories affecting you directly as a property manager? You’d be forgiven for missing the odd bit of information amongst the general chaos of 2016 with Brexit, Trump and a global immigration crisis dominating the country’s media every day.

We’ve put together a couple of the “highlights” for landlords and agents for you from 2016 below.

Links to full articles:

January
Recent Flooding causes massive house price inequality in risky areas
Labour’s “Fit for Human Habitation” Bill defeated by Majority

February
Government Release new “How to Rent” book for landlords and agents
Ryan Air court victory has huge implications for the Right to Rent debate

March
Immigration Bill changed to protect landlords for not spotting illegals
George Osborne excludes Buy-to-Let Investors from Capital Gains Tax Cuts

April
Tenants now able to demand Energy Improvements from Landlords
Bank of England implement harder regimes on Buy-to-let Mortgages

May
Universal Credit moves responsibility of rent payment to its recipients
Queen’s speech heralds reform to Planning and Infrastructure Bill

June
Landlords begin to feel the pressure of Right to Rent checks
The UK Votes to Leave the EU

July
David Cameron Resigns and Theresa May becomes Prime Minister
Gavin Barwell is Appointed as new Housing and Planning Minister
Court Fees go up again. Bailiff Fee now £121.

August
MPs Vote strongly in favour of the Homelessness Reduction Bill
HMRC offers simpler tax method to Buy-to-let Landlords

September
Tory MP Kevin Hollinrake puts forward Amendment to Capital Gains Tax
Landlord Use of Airbnb Called into Question & Labelled Illegal

October
New rules for Letting Agents come into effect re. Commission fees and Inspections
A Survey reveals that 30% of Tenants feel it is their “right” to keep items from the property

November
‘Generation Rent’ Group call on the government for more Eviction Restrictions #EndSection21
Hammond Bans Tenant Letting Fees in the Autumn Statement
Trump is Elected

December
Government Plan to Ramp Up Mandatory Licensing on HMOs
Rents predicted to increase further in the coming year


So, ready for 2017?



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