by peter littlewood | Mar 3, 2025 | Open News
The upcoming Renters’ Rights Bill, set to become law by summer, is driving a surge in acquisition enquiries from independent letting agencies, according to Spicerhaart. The bill, marking the most significant housing law reform in over 30 years, is putting smaller...
by peter littlewood | Mar 3, 2025 | Open News
The Leasehold and Freehold Reform Act 2024, effective from 3 March, grants leaseholders in mixed-use developments greater control over their properties. A key change in Section 49 raises the non-residential threshold for Right to Manage (RTM) claims from 25% to 50%,...
by peter littlewood | Feb 28, 2025 | Open News
The latest data from mortgage lender Nationwide, which showed that house prices rose more than expected in February. Prices were up 0.4% on the month following a 0.1% increase in January, beating expectations for a 0.2% jump. On the year, house prices rose 3.9% in...
by peter littlewood | Feb 28, 2025 | Open News
New research from Towergate Direct highlights the rising financial burden on landlords, with property maintenance costs increasing by 26.24% since 2022. The average UK landlord now spends £1,374.07 per year on maintenance—£285 more than in 2022. Edinburgh ranks as the...
by peter littlewood | Feb 27, 2025 | Open News
The Lords has published a list of amendments prior to the forthcoming Committee Stage (date to be announced) The full list of the amendments can be seen here, and a summary here. Note the following areas of concerns for landlords: Lord Bird intends the Bill to become...
