Update on Leasehold Reforms

|Selling properties with short leases has long been a challenge for estate agents. However, significant changes to leasehold rules were announced on 22 January 2025 by Matthew Pennycook, Secretary of State for Housing and Planning. Key Changes: Leaseholders will no...

Paragon Banking Group Trading Update: Q1 FY2025

Paragon Banking Group Q1 FY2025 Trading Update Reporting Period: 1 October – 31 December 2024 Key Highlights 1. Lending Performance Total New Lending: £677.4 million (up from £610.7 million in Q1 FY2024). Buy-to-Let Lending: £423.2 million (significant increase from...

Housing Supply in England (2024 Q3)

The Government has released the latest figures on housing supply, they can be seen here, and in summary: Building Control Figures: Starts: 29,310 (seasonally adjusted), a 17% increase from the previous quarter and 38% increase from the same quarter in 2023. However,...

Landlord wins council tax change appeal

Maxine Fothergill, owner of Amax Estates and Past President of ARLA, achieved a significant victory after successfully appealing Medway Council’s decision to impose council tax charges on two properties that had been left uninhabitable for over 20 years. The legal...

Consultation on commercial tenancies

The Law Commission is reviewing Part 2 of the Landlord and Tenant Act 1954, focusing on whether the legal framework that governs business tenants’ rights to renew their tenancies is still suitable in today’s market. The review could lead to significant changes,...