by peter littlewood | Jan 19, 2024 | Industry News
The UK Labour Party is seeking to introduce regulations for lettings, estate, and buying agents through an amendment to the Leasehold and Freehold Reform Bill. The amendment, proposed by shadow housing minister Matthew Pennycook, aims to implement the Regulation of...
by peter littlewood | Jan 18, 2024 | Industry News
Recent data from UK conveyancing solicitors, Bird & Co, shows a decrease in interest in new build properties for three consecutive years. The statistics reveal a decline in the percentage of people buying new builds compared to old builds in 2023. The trend has...
by peter littlewood | Jan 18, 2024 | Industry News
DIY activities are on the rise in the UK, with the average homeowner expected to spend £1,380 on DIY in 2023. 37% of homeowners are spending more than they did the previous year. Gen Z, who are becoming homeowners, are particularly engaged in DIY activities, with DIY...
by peter littlewood | Jan 18, 2024 | Leasehold
A survey of members of ALEP (Association of Leasehold Enfranchisement Practitioners) reveals that 80% agree that residential ground rents can have a negative or undesirable impact on the sale of leasehold properties. ALEP represents over 1,200 solicitors, barristers,...
by peter littlewood | Jan 18, 2024 | Tax & Other Financial
Research by easyMoney reveals that UK house prices are expected to climb on an annual basis, and that there has only been four times in 50 years that prices would have fallen. The analysis is based on historic UK house price data from the Land Registry spanning the...