by peter littlewood | Nov 18, 2024 | Open News
Lomond Group’s claims that a mass exodus of landlords from the private rental sector may be overstated. Its examination of properties listed for sale with tenants in situ shows only a small decline following the recent Budget, challenging the narrative that...
by peter littlewood | Nov 18, 2024 | Open News
The Office for Budget Responsibility (OBR) forecast that Labour will fall short of its manifesto pledge to build 1.5 million new homes in England by the end of this Parliament underscores the persistent challenges in meeting housing supply targets. The OBR predicts...
by peter littlewood | Nov 18, 2024 | Open News
Knight Frank’s analysis of the aftermath of the October 30 Budget offers a sobering view of its impact on the UK financial and housing markets. It highlights growing instability in the mortgage and property sectors, while also pointing to unintended consequences of...
by peter littlewood | Nov 18, 2024 | Open News
The Law Society of England and Wales has issued a stark warning about the state of the justice system as it relates to housing, citing a sharp rise in renters at risk of homelessness and significant delays in eviction processes due to a shortage of court bailiffs....
by peter littlewood | Nov 18, 2024 | Open News
Data released earlier by Rightmove showed that house prices eased in November as uncertainty around the Budget weighed on demand. According to the latest house price index, average new selling asking prices fell by 1.4% month-on-month in November, to £366,592. That...