Property News In Reading

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Season`s Greetings and End-of-Year Updates from Adams Estates 20 December 2024

As we approach the festive season, we want to take a moment to express our heartfelt gratitude for your continued trust and partnership with Adams Estates. This year has been filled with milestones and challenges, and we truly appreciate your support every step of the way.... Read More

Changes Being Introduced to Awaab`s Law to Help Tackle Damp and Mould 13 December 2024

Landlords are welcome to attend a free information event to learn how to get ready for the upcoming changes to Awaab"s Law allowing landlords to effectively deal with damp and mould in their rental properties.

The Cambridgeshire Private Sector Housing Group which speaks for councils in the county is organizing an event called the "Dealing with Damp and Mould" forum.... Read More

The Impact A Trump Election Victory Could Have on The UK Housing Market 07 December 2024

Like the Budget, people"s reactions can be split into two categories: "immediate" and "longer-term". Last month, the UK government bond yields (which affect mortgage rates) increased slightly and the US dollar had slightly strengthened compared to the pound.... Read More

It`s Official: New HMO Regulation Standards Approved for Reading Berkshire Homes 29 November 2024

Reading Borough Council has announced new regulations to improve the quality and management of rental properties across the Borough. These changes will affect Houses in Multiple Occupation (HMOs) and other rented homes, with new rules coming into effect from next year.... Read More

Potential Changes to Student Rental Housing in Renters Reform Bill 11 October 2024

Experts within the student-based market have recently expressed serious worries about the Renters" Rights Bill that is being considered. Studies indicate that 32% of student housing especially one- and two-bedroom homes and apartments could be at risk.... Read More

Housing Market in A Better Position Now Than Last Year 04 October 2024

Landlords who are thinking about leaving the rental property business will be happy to hear that Zoopla announced today that low mortgage rates the lowest in 15 months are helping to increase property sales in the UK. Sales and buyer demand have increased by over 25% in the past four weeks compared to a year ago.... Read More

Future Changes Ahead for The Sector as Result of Renters` Rights Bill 27 September 2024

Earlier this month, the Renters" Rights Bill was released. Adams Estates have summarised the main points of the Bill, which include:

- Getting rid of Section 21 for "no fault" evictions.
- Prohibiting rental bidding wars by cracking down on those taking advantage of the housing crisis by making tenants bid for properties.... Read More

Renters` Rights Bill to Be Presented to Parliament Today 11 September 2024

The Government has announced its intention to introduce the Renters" Rights Bill to Parliament today, which will prohibit no-fault evictions and in-contract rent increases. The new legislation will eliminate Section 21 ‘no-fault" evictions for both new and existing tenancies and will also put an end to blanket bans for individuals on benefits or with children.... Read More

Reading Council Proposes Borough-Wide HMO Licensing and New Fees 30 August 2024

The Reading Council is planning to expand licensing to all HMOs in the Borough that house three to four occupants, in addition to the current licensing rules for larger HMOs. Landlords will need to pay a fee of £950 for the HMO licence, which can be reduced to £800 for members of the National Residential Landlords Association (NRLA).... Read More

EPC Targets to be Reintroduced 23 August 2024

Labour are looking to reintroduce the EPC targets which was set in the most recent Conservative government. These targets included all private rental properties to have an EPC rating of C or better by 2030. This was abandoned a year ago though by Rishi Sunak.... Read More

Don`t Trigger Evictions Till New Reform Comes In 19 August 2024

With the announcement from Labour of the new Renters Rights Bill, international legal practice Osborne Clarke is warning the new government to give clarity to the measures coming into place. Osborne Clarke has stated that the minimal amount of information shared about the proposed bill by the government in the King"s Speech and subsequent official documents.... Read More

Possible Capital Gains Tax Rise 12 August 2024

Recently a lot of articles in the press have suggested that Labour may align Capital Gains Tax (CGT) with income tax rates. Chancellor Rachel Reeves has also refused to rule out whether she will increase the rate of CGT in her Autumn Budget that takes place on October 30th.... Read More