Council Appeals To Landlords To House Afghan Refugees

Landlord

Posted in Sep 10 , 2021

Wrexham council sent a directplea to local landlords to become part of its rehousing Afghan families scheme.

The council states that families from the war torn country will be given private landlords housing accommodation, as well as being further supported with integration and work assistance and work by the Red Cross alongside other parties.

The council says: “We are now looking for family accommodation in the private housing sector for these families.

“Due to the urgent nature of the resettlement we are taking the unusual step of appealing directly to any landlords with properties that they feel may be suitable for a resettled family to please contact the council as soon as possible to discuss further.”

Wrexham’s councillor in charge of Communities, Partnerships, Public Protection and Community Safety, Hugh Jones, says: “The proposal to take part in the Afghan Relocation Scheme received unanimous support from members and we know that Wrexham will welcome families who have done so much to support our troops and the British Government whilst they were on active duty overseas. If you have a suitable property please don’t hesitate to get in touch.”

Councillor David Griffiths the Armed Forces Champion and Lead Member for Housing, adds: “I was proud to support this proposal to offer eligible families much needed support in order to ensure they remain safe following their service to UK troops and the UK Government.

“Without their help and the sacrifice of their own safety the deaths of our armed forces personal would have been much higher. Their lives, and those of their families will be at risk if we are not able to offer refuge and show our gratitude for their service.”

Shared on social media

Comments

Latest news

Survey Says - Half of Landlords Looking to buy properties

Apparently almost 50% of landlords intend to purchase new BTL properties over the next 12 months, according to a BTL specialist lender’s latest survey.44% of respondents said they will be purchasing properties over the next twelve months which has significantly increased from the lender’s last survey in December last year which found only 32% intended to buy properties. Of those landlords wishing to buy properties 60% cited the main reason was to increase their portfolio, with 31% saying it was because of the increased demand from tenants; whereas in the previous survey it was 26%. There was 12% who said they were intending to buy properties because they felt house prices would be falling. Of those landlords intending to purchase more properties 40% have eleven plus properties, 42% own between four to ten properties. Small landlords with one to three properties make up18% of the landlords intending to buy properties in the next 12 months. Landlords’ confidence levels in purchasing properties differ in various parts of the country, such as a higher percentage of landlords – 28% would buy properties in the South East whereas just 13% were interested making purchases in the capital over the next twelve months. However landlords’ confidence in other areas were around the same level as the South East in the Midlands, the East of England and in the North with just under a quarter stating they intend to buy properties. The survey also found that 16% of landlords had not made any plans as to whether they would or would not purchase more properties, however this is lower than the previous survey’s findings where 25% said they were undecided. 40% said they had no intention in buying extra properties .However just under 30% stated they will be selling some of their properties over the next twelve months because of increasing concerns over variations in mortgage interest rates, landlord taxation and problems with evicting tenants. The lender’s sales and distribution director, says: “Despite the various pressures faced by landlords, there is still an appetite for further house purchases. The increase demonstrates the continued attractiveness of buy-to-let as a long-term investment strategy, which is supported by the strong demand for rental properties.” https://www.pims.co.uk/news-article/half_of_landlords_looking_to_buy/3529/

Property Market reacts to bank of England’s interest rate decision

The Bank of England has maintained the existing interest rate for the seventh time in a row. UK interest rates have not moved since the Bank of England raised them to 5.25% last August. The decision to freeze rates again comes as inflation, which measures price rises over time, falls back to the 2% target, as revealed yesterday as well as the interest rate decision, the Bank has just released its latest forecast estimating what will happen to inflation and the UK economy. The Bank of England governor Andrew Bailey believes that it is not yet the time to reduce interest rates. Markets are only fully pricing in a cut in September, but many economists had hoped that the Bank would make a move this month to cut rates. One last hold in June? There is still a chance that rates could be reduced when the bank’s Monetary Policy Committee meet in August. In a sign the central bank may be getting closer to cutting rates, the BoE policy minutes said the decision had been “finely balanced”. https://propertyindustryeye.com/property-industry-reacts-to-bank-of-englands-interest-rate-decision

What is currently happening in the UK property market

Key Facts and Figures: See our latest short listed news in the month of June 2024 the headlines are below as the average house price in UK is £281,373 and in the index stands at 147.6. a) Houseprices are predicted to fall by between -2% and -4% in 2024, given the broader economic challenges, and the likelihood that mild downward pressure on house prices continues. b) Pressure on household finances – notably from inflation and higher interest rates – has impacted housing affordability, leading to fewer completions. c) A partial recovery in market confidence and transaction volumes is expected in 2024 as interest rates ease and affordability improve. d) As with recent years, forecast uncertainty remains high given the current economic environment https://www.lloydsbankinggroup.com/media/press-releases/2023/halifax-2023/uk-housing-market-review-outlook-2024.html e) The average UK house price is now £283,615 compared to £286,328 a year ago, a fall of £2,713. f) Annual house price growth is -1.0% (year to November). During 2023 it was as high as +2.1% (January and February) and as low as -4.5% (August and September). g) Average property prices are £44,439 (+18.6%) higher than at the onset of the pandemic (£239,176 in March 2020). Property prices for homes bought by first-time buyers recorded slight growth (+0.5%) over the last year, while the amount paid by home-movers fell by -1.7%.

UK house prices increase as recovery gathers pace – industry reactions

UK house prices increased for their second consecutive month in April, latest official figures show, as the housing market continues to show signs of recovery as the economy improves. The average UK house price increased by 1.1 per cent in the 12 months to April, according to a provisional estimate from the Office for National Statistics (ONS). This figure accelerated from 0.9% annual growth in the year to March and marked the second month in a row with an annual increase, after eight straight months of declines. Sentiment in the housing market has shown signs of improvement this year despite mortgage rate remaining elevated and the Bank of England continuing to hold interest rates at 5.25%. Separate data from the ONS yesterday revealed inflation returned to the government’s 2% target in May for the first time since July 2021. However, the central bank is still expected to wait until at least August to cut interest rates. Its next meeting is scheduled this morning. The ONS said house prices rose by 0.6% in England, 0.4% in Wales and 4.5 per cent in Scotland in the year to April. The data also showed that average UK private rents increased by 8.7% in the 12 months to May, slowing from an 8.9% increase in April – which came after a rise of 9.2% in March. https://propertyindustryeye.com/uk-house-prices-increase-as-recovery-gathers-pace-industry-reactions/

Property search

Residential Lettings

Residential Sales

HMO

Commercial Sales

Price

Min price

Max price

Number of Bedrooms

Min bedrooms

Max bedrooms

Find properties