Friday, July 05, 2024

How Will the New Labour Government Transform the UK Housing Market?

How Will the New Labour Government Transform the UK Housing Market?

What will this mean for Landlords and Tenants?

The election of a new Labour government, and Prime Minister Sir Kier Starmer, brings a wave of anticipation and uncertainty, particularly regarding the UK housing market and the buy-to-let property sector. As Labour's policies start to unfold, both landlords and tenants are keen to understand the potential impacts.

Watch video version @charleskellymoneytips https://youtu.be/00ha4KkiCAw

Labour's Housing Policies

Labour has long championed affordable housing and tenant rights. Their manifesto includes ambitious plans to build 1.5 million new homes over the current parliament, introduce rent controls, and increase ‘protections’ for tenants. This could significantly shift the landscape for both homeowners and the buy-to-let market.

The Renters Reform Bill will be resurrected and will almost certainly include an end to Section 21 ‘no fault’ evictions and more ‘secure’ tenancies.

Impact on the Housing Market

1. Increased Housing Supply: Labour's pledge to build more homes aims to address the chronic housing shortage. This could stabilize or even reduce house prices, making it easier for first-time buyers to enter the market.  

2. Affordability: By increasing housing supply, Labour hopes to make homes more affordable. This is particularly beneficial for young people and families currently priced out of the market.

Effects on the Buy-to-Let Market

1. Rent Controls: One of the most talked-about Labour policies is the introduction of rent controls. While this aims to protect tenants from excessive rent hikes, landlords might see a cap on their rental income, potentially reducing the profitability of buy-to-let investments.  

2. Tenant Protections: Enhanced tenant protections could include longer tenancies and restrictions on eviction procedures. This provides tenants with greater security but might limit landlords' flexibility in managing their properties and will be a challenge to small landlords.

3. Tax Changes: Labour has suggested revisiting tax reliefs available to landlords. Possible reductions in tax incentives could discourage new buy-to-let investments and prompt some landlords to sell their properties.

What This Means for Landlords

Landlords might face increased regulation and potentially lower returns on their investments. It is crucial for landlords to stay informed about new policies and consider strategies to adapt, such as focusing on property quality and location to attract long-term tenants.

What This Means for Tenants

Tenants are likely to benefit from increased protections and potentially lower rents. Labour's policies aim to create a fairer rental market, offering tenants more stability and affordability.

Immigration

The new Prime Minister has promised to deal with the “small boats” illegal immigration, as well the “processing” the huge backlog of asylum cases. He refused to say what he means by “processing” applications, but it will probably involve some kind of an amnesty or “legacy” scheme as implemented by the Blair government.

In practice, hundreds of thousands of migrants will be granted leave to remain whether or not the arrived in the UK legally. This means asylum seekers will be able to work and could see an end to temporary housing and hotel accommodation.

Conclusion

Prime Minister Sir Kier Starmer’s Labour government’s policies are set to bring significant changes to the UK housing market and the buy-to-let sector. While tenants stand to gain from greater protections and affordability, landlords may need to navigate tighter regulations and potentially lower profits. Staying informed and adaptable will be key for all parties involved.

Understanding these potential changes is crucial for navigating the evolving landscape of the UK housing market. Stay tuned for more insights and expert advice on how to manage your property investments under the new Labour government.

Section 24 Landlord Tax Hike

Interview with Chartered Accountant and property tax specialist who reveals options and solutions to move your properties from your own name into a limited company or LLP whilst mitigating the potential HMRC pitfalls.

Email charles@charleskelly.net for a free consultation on how to deal with Section 24.

Watch video now: https://youtu.be/aMuGs_ek17s

3 Steps To Unlocking Financial Freedom!

Could you do more with your money and finances?

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Join me online on my free live money management training Wednesday at 7.00PM.

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Saturday, February 17, 2024

Canada To Impose A 2 Year Cap On International Students To Curb Housing Shortage

Canada is taking action to address housing and healthcare pressures by capping foreign student admissions for the next two years. This move aims to ensure system integrity and quality education for future students. Here's what you need to know:

 

·        35% Decrease in Approved Study Permits: The cap will lead to a significant reduction in approved study permits, impacting the influx of foreign students into Canada.

 

·        Growing International Student Population: In 2022, Canada hosted over 800,000 foreign students, up from 214,000 a decade ago. These measures aim to manage this growth while maintaining educational standards.

 

·        Allocation Across Provinces: Each province will receive a portion of the approved permits based on population and current student intake. Provinces will then decide how to distribute them among their universities and colleges.

 

·        Impact on Undergraduate Programs: The cap applies only to students at the diploma or undergraduate level and will not affect permit renewals.

 

·        Changes to Work Permits: Starting in September, work permits will no longer be granted to students graduating from colleges operating under a public-private partnership model, primarily found in Ontario.

 

·        Addressing Housing Affordability: The announcement coincides with pressure on the government to tackle housing affordability issues, with rising home prices and rent posing challenges for Canadians.

 

·        Long-Term Housing Needs: Canada faces a housing shortage, with estimates suggesting a need for 3.5 million more units by 2030. Population growth and other factors contribute to this demand.

 

·        Impact on Immigration Policy: The cap marks a significant policy shift for Canada, known for its open immigration policy. It reflects efforts to balance immigration with housing and workforce needs.

 

If you are a dedicated nursing professional with at least two years of experience in the Philippines, this program is tailored to help you realize your dream of nursing in Canada. Don't miss this chance to embark on a fulfilling career path. For more information and to express your interest, please contact Charles Kelly via email at info@ukuniversityservices.com.

 

While these measures aim to address pressing challenges, concerns linger about the potential impact on universities and students. Stay tuned for updates as Canada navigates these changes in its immigration and education policies.

 

Despite the move from the government’s PBU (Business Prevention Unit), Canada remains a significant draw for international students seeking a secure route to settlement and Canadian citizenship.

 

Canada, like Australia, USA and UK, has a shortage of nurses, which they can only fill in the near future with international recruitment or postgraduate nursing students.

 

Live and Work in Canada - New Graduate Nursing Programme Launched in Toronto, Canada for Aspiring Filipino, Asian and African Nurses Who Wish to Work as a Nurse and Gain Permanent Residence in Canada.

 

To help nursing professionals in the Philippines, as well as other Asian and African Countries, who are seeking opportunities in Canada, a prominent institution in Toronto, Canada has introduced an innovative program designed to bridge the gap. This new graduate nursing program is the solution many aspiring nurses have been waiting for.

 

Unlock Your Dream of Nursing in Canada with the New Graduate Nursing Programme

 

As the demand for Registered Nurses (RNs) continues to surge in both Canada and the United States, it has become increasingly challenging for nurses from abroad to meet the stringent prerequisites for practicing in these countries. This new initiative aims to empower Filipino and Vietnamese nurses by offering them a comprehensive route to achieving their Canadian nursing aspirations. Your nursing skills are highly transferable, and this program provides you with the opportunity to make the transition from nursing in the Philippines or Vietnam to becoming a certified nurse in Canada with the possibility of Permanent Residence (PR) status and a pathway to Canadian citizenship.

 

Earn While You Learn - A Unique Opportunity

 

One of the standout features of this program is that it allows you to earn while you learn. Enrolled students will receive a guaranteed 500 hours of paid work at an impressive rate of $40 CAD per hour. This equates to a substantial earnings potential of $20,000 Canadian Dollars while you study, providing a financial boost as you prepare for your nursing career in Canada.

 

Nursing Opportunities and Salaries in Canada

 

Canada is experiencing a nursing shortage, so salaries are competitive. Nursing in Canada offers an array of opportunities. Registered Nurses (RNs) can work in various settings, including hospitals, long-term care facilities, community health, mental health, and more. Nurse Practitioners (NPs) have advanced practice roles, including diagnosing, prescribing medications, and providing primary care. Specialized nurses, such as paediatric or critical care nurses, are in high demand as well.

 

In terms of salaries, nurses in Canada are well-compensated for their dedication. On average, a registered nurse in Canada can earn anywhere from $60,000 to $100,000 CAD annually, depending on factors such as location, experience, and specialization. The average RN in Canada earns $80,881 per year or $41.48 per hour, according to jobbank.gr.ca.

Nurse practitioners often earn higher salaries in excess of $100,000 CAD due to their advanced roles.

 

The Vibrant City of Toronto, Ontario

 

Toronto, the dynamic capital city of Ontario, is a cosmopolitan metropolis with a population of 2.9 million. This thriving urban center offers an ideal backdrop for your academic and professional journey, ensuring an enriching and diverse experience throughout your studies.

 

Course Description - Your Pathway to Canadian Nursing

 

This program is specifically designed for graduate nurses with a minimum of 2 years of working experience in their home country, offering a clear route to Canadian nursing registration, successful completion of the NCLEX exam, and Permanent Residence in Canada. The comprehensive curriculum prepares students for the NCLEX examination and provides a thorough understanding of the Canadian nursing system.

 

The duration of the program varies, with options for a 12- or 18-month term based on your prior experience and IELTS proficiency.

 

Invest in Your Future with Competitive Fees

 

We understand that cost is a significant factor for aspiring nurses. The program offers competitive fees to ensure accessibility for all eligible candidates:

- 12-month course - $16,500 CAD

- 18-month course - $21,599 CAD

 

Requirements for Enrolment

To be eligible for this exciting opportunity, candidates are required to meet the following criteria:

- Possess a Nursing Degree/Diploma e.g. from the Philippines, Vietnam, or Cambodia

- Have a minimum of two years of nursing work experience in your home country

- Achieve an IELTS score of 6.0/6.5

 

Ready to Begin Your Journey as a Nurse in Canada?

 

If you are a dedicated nursing professional with at least two years of experience in the Philippines, this program is tailored to help you realize your dream of nursing in Canada. Don't miss this chance to embark on a fulfilling career path. For more information and to express your interest, please contact Charles Kelly via email at info@ukuniversityservices.com.

 

Embark on a Rewarding Nursing Career in Canada - Enrol Today! 

 

https://ukuniversityservices.com

 

 

#InternationalStudents #CanadaEducation #HousingAffordability #ImmigrationPolicy #QualityEducation #StudentLife #GlobalEducation #HigherEd #PolicyChanges #WorkPermits #FutureStudents #PopulationGrowth #SystemIntegrity #StudentSupport #EducationalStandards #CanadaImmigration #GlobalCommunity #Canadiancitizenship #settlementcanada #nursingcanada #nursejobscanada

Wednesday, January 24, 2024

Canada Announce Cap On International Student Visas

Canada has introduced a surprise cap on student visas in an apparent U-turn on previous policies to welcome international students.

The Honourable Marc Miller, Minister of Immigration, Refugees and Citizenship announced this week that the Government of Canada will set an intake cap on international student permit applications - approximately 360,000 approved study permits, a decrease of 35% from 2023 - to “stabilize” new growth for a period of two years.

Study permit renewals will not be impacted and existing study permit holders will not be affected by the new cap.

The government said:

“In recent years, the integrity of the international student system has been threatened. Some institutions have significantly increased their intakes to drive revenues, and more students have been arriving in Canada without the proper supports they need to succeed.

“Rapid increases in the number of international students arriving in Canada also puts pressure on housing, health care and other services. As we work to better protect international students from bad actors and support sustainable population growth in Canada, the government is moving forward with measures to stabilize the number of international students in Canada.”

Individual provincial and territorial caps have been established, weighted by population, which will result in much more significant decreases in provinces where the international student population has seen the most unsustainable growth.

Master’s and doctoral degrees, and elementary and secondary education are not included in the cap.

IRCC will allocate a portion of the cap to each province and territory, who will then distribute the allocation among their designated learning institutions. To implement the cap, as of January 22, 2024, every study permit application submitted to IRCC will also require an attestation letter from a province or territory. Provinces and territories are expected to establish a process for issuing attestation letters to students by no later than March 31, 2024.

The new “temporary measures” are expected to run for two years, with the number of new study permit applications accepted in 2025 will be re-assessed at the end of this year.

In order to better align the Post-Graduation Work Permit Program, the government also published the following changes to the eligibility criteria:

  • Starting September 1, 2024, international students who begin a study program that is part of a curriculum licensing arrangement will no longer be eligible for a post­graduation work permit upon graduation. Under curriculum licensing agreements, students physically attend a private college that has been licensed to deliver the curriculum of an associated public college. These programs have seen significant growth in attracting international students in recent years, though they have less oversight than public colleges and they act as a loophole with regards to post-graduation work permit eligibility.
  • Graduates of master’s degree programs will soon be eligible to apply for a 3-year work permit. Under current criteria, the length of a post­graduation work permit is based solely on the length of an individual’s study program, hindering master’s graduates by limiting the amount of time they have to gain work experience and potentially transition to permanent residence.

Open work permits will only be available to spouses of international students in master’s and doctoral programs. Spouses of international students in other levels of study, including undergraduate and college programs, will no longer be eligible.

The government said the important measures announced “complement” other recent reforms to the International Student Program.

New cost-of-living requirement for international students coming to study in Canada

In December, the Immigration, the IRCC doubled the cost-of-living requirement for international students from CAD 10,000 to CAD 20,635. Inflation and financial challenges faced by many international students were blamed for the sudden move, with the government claiming the change aims to ensure students are better prepared for the actual cost of living in Canada.

The backlash against international students should be seen in the context of a housing crisis, an upcoming election for the Trudeau government and an ongoing diplomatic row between Canada and India.

There is still a shortage of nurses and healthcare workers in Canada, and many other western countries such as Australia, UK and the US, and student schemes help to alleviate the recruitment issues.

The Worldwide Health Organisation, World Economic Forum (WEF) and the UK’s Nursing and Midwifery Council (NMC) all report that there is a huge global shortage of nurses expected to reach 13 million by 2030, according to the WEF.

Reasons for the nursing staff shortage range from ‘burnout’ of western nurses to an aging population in countries like the US, UK, Japan and Canada.

According to the Canadian Nurses Association (CNA), there is a current shortage of nurses in Canada estimated at more than 50,000 and this shortage is expected to increase to 139,700 by 2026.

The CNA also reports that the nursing workforce in Canada is aging, with nearly one-third of nurses aged 55 or older.

As these nurses retire, the demand for nursing services will continue to grow. In addition, the aging population in Canada will also increase the demand for healthcare services.

Live and Work in Canada - New Graduate Nursing Programme Launched in Toronto, Canada for Aspiring Filipino, Asian and African Nurses Who Wish to Work as a Nurse and Gain Permanent Residence in Canada.

To help nursing professionals in the Philippines, as well as other Asian and African Countries, who are seeking opportunities in Canada, a prominent institution in Toronto, Canada has introduced an innovative program designed to bridge the gap. This new graduate nursing program is the solution many aspiring nurses have been waiting for.

Unlock Your Dream of Nursing in Canada with the New Graduate Nursing Programme

As the demand for Registered Nurses (RNs) continues to surge in both Canada and the United States, it has become increasingly challenging for nurses from abroad to meet the stringent prerequisites for practicing in these countries. This new initiative aims to empower Filipino and Vietnamese nurses by offering them a comprehensive route to achieving their Canadian nursing aspirations. Your nursing skills are highly transferable, and this program provides you with the opportunity to make the transition from nursing in the Philippines or Vietnam to becoming a certified nurse in Canada with the possibility of Permanent Residence (PR) status and a pathway to Canadian citizenship.

Earn While You Learn - A Unique Opportunity

One of the standout features of this program is that it allows you to earn while you learn. Enrolled students will receive a guaranteed 500 hours of paid work at an impressive rate of $40 CAD per hour. This equates to a substantial earnings potential of $20,000 Canadian Dollars while you study, providing a financial boost as you prepare for your nursing career in Canada.

Nursing Opportunities and Salaries in Canada

Canada is experiencing a nursing shortage, so salaries are competitive. Nursing in Canada offers an array of opportunities. Registered Nurses (RNs) can work in various settings, including hospitals, long-term care facilities, community health, mental health, and more. Nurse Practitioners (NPs) have advanced practice roles, including diagnosing, prescribing medications, and providing primary care. Specialized nurses, such as paediatric or critical care nurses, are in high demand as well.

In terms of salaries, nurses in Canada are well-compensated for their dedication. On average, a registered nurse in Canada can earn anywhere from $60,000 to $100,000 CAD annually, depending on factors such as location, experience, and specialization. The average RN in Canada earns $80,881 per year or $41.48 per hour, according to jobbank.gr.ca.

Nurse practitioners often earn higher salaries in excess of $100,000 CAD due to their advanced roles.

The Vibrant City of Toronto, Ontario

Toronto, the dynamic capital city of Ontario, is a cosmopolitan metropolis with a population of 2.9 million. This thriving urban center offers an ideal backdrop for your academic and professional journey, ensuring an enriching and diverse experience throughout your studies.

Course Description - Your Pathway to Canadian Nursing

This program is specifically designed for graduate nurses with a minimum of 2 years of working experience in their home country, offering a clear route to Canadian nursing registration, successful completion of the NCLEX exam, and Permanent Residence in Canada. The comprehensive curriculum prepares students for the NCLEX examination and provides a thorough understanding of the Canadian nursing system.

The duration of the program varies, with options for a 12- or 18-month term based on your prior experience and IELTS proficiency.

Invest in Your Future with Competitive Fees

We understand that cost is a significant factor for aspiring nurses. The program offers competitive fees to ensure accessibility for all eligible candidates:

- 12-month course - $16,500 CAD

- 18-month course - $21,599 CAD

Requirements for Enrolment

To be eligible for this exciting opportunity, candidates are required to meet the following criteria:

- Possess a Nursing Degree/Diploma e.g. from the Philippines, Vietnam, or Cambodia

- Have a minimum of two years of nursing work experience in your home country

- Achieve an IELTS score of 6.0/6.5

Ready to Begin Your Journey as a Nurse in Canada?

If you are a dedicated nursing professional with at least two years of experience in the Philippines, this program is tailored to help you realize your dream of nursing in Canada. Don't miss this chance to embark on a fulfilling career path. For more information and to express your interest, please contact Charles Kelly via email at info@ukuniversityservices.com.

Embark on a Rewarding Nursing Career in Canada - Enrol Today! 

https://ukuniversityservices.com

Regards,

 

Charles Kelly

 

 


#nurse #jobopportunity #studentvisa #canadastudentvisa #nursing #NCLEX #WorkAboard #workcanada #permanentresidencecanada #candiancitizenship #workasanursecanada