by peter littlewood | Jun 28, 2023 | Tax & Other Financial
More than four in 10 UK house sellers are having to shave more than 5% off the original asking price to achieve a sale, according to Zoopla, in signs that rising mortgage rates are dampening the market. The property website said this proportion, seen in June, is the...
by peter littlewood | Jun 28, 2023 | Industry News
Local authorities in England have raised concerns about the need for additional staff and funding to effectively enforce the proposed banning of Section 21 ‘no-fault’ evictions in the Renters Reform Bill. In an interview with the BBC Darren Rodwell, the LGA’s housing...
by peter littlewood | Jun 27, 2023 | Industry News
In a bid to shield landlords and agents from problematic tenants, a campaign urging the UK Government to establish a ‘Property Possession Order Register’ has been initiated. The objective of the proposed register is to reveal the history of tenants notorious for their...
by peter littlewood | Jun 27, 2023 | Mortgages, Tax & Other Financial
The average price of two- and five-year fixed-rate mortgages in the UK has hit its highest level for seven months, putting further pressure on borrowers who are reaching the end of their deals. Data from the financial information firm Moneyfacts showed the cost of a...
by peter littlewood | Jun 26, 2023 | Tax & Other Financial
The House of Commons Library has published its latest report on Rising cost of living in the UK. It can be seen here, and says: The cost of living increased sharply across the UK during 2021 and 2022. The annual rate of inflation reached 11.1% in October 2022, a...