by peter littlewood | Apr 19, 2024 | Industry News
After some considerable delay, the Renters Reform Bill has now been scheduled to be debated in the Commons on Wednesday April 24th. The Government has also issued the proposed amendments to Bill, which can be seen here, all 112 pages! This is significant progress...
by peter littlewood | Apr 18, 2024 | Tax & Other Financial
The Open Property Group’s analysis indicates that buy-to-let investors across England and Wales have been reducing the size of their portfolios, with the average investor now owning 8.5 properties, down by 1.6% over the past year. This trend is particularly...
by peter littlewood | Apr 18, 2024 | Tax & Other Financial
The latest official government rent index reveals that average private rents across the UK increased by 9.2% in the 12 months leading up to March 2024, a slight uptick from the 9.0% increase recorded in the previous 12 months to February 2024. The average monthly...
by peter littlewood | Apr 18, 2024 | Industry News
The Renters Reform Bill is set to return to the House of Commons next week, according to a report from The Sun's political correspondent, Noa Hoffman. The government has indicated that it will introduce several amendments to address concerns raised by Conservative...
by peter littlewood | Apr 18, 2024 | Industry News
The Deposit Protection Service (DPS) reports that renters are now staying in their properties for a third longer than they did four years ago. The average tenancy length has increased to 924 days, or just over two and a half years, compared to 706 days, or just under...