Following expectations that interest rates had hit their peak in January, the sales market picked up significantly in Q1 2024 and, despite rates remaining unchanged, improved sentiment on the UK economy maintained this momentum. Winkworth's sales agreed in H1 2024...
Industry News
Potential Labour Party measures regarding the private rental sector
The potential Labour Party measures regarding the private rental sector have raised concerns among landlords, leading to many exiting the market. Here are the measures Labour is considering: Total Ban on No-Fault Evictions: Abolishing Section 21 evictions, meaning...
Rachel Reeves announces house building targets
Rachel Reeves has promised to "get Britain building again" by bringing back compulsory housebuilding targets as part of a wide-ranging plan to reboot the UK economy. In her first speech as chancellor, Ms Reeves also said she would overhaul planning restrictions and...
Is this what The Next Five Years Look Like?
Landlord Today has posted a blog outlining what they believe the next 5 years will look like. It can be seen here, and they believe that Labour Party's extensive housing plans aim to overhaul the private rented sector, significantly increase housing supply, and...
What does the future of housing look like under a Labour government?
Mortgage Strategy has published a blog with their views on the potential outcome of the new Government. It can be seen here, and in summary says that the future of housing under the new Labour government is set to be transformative, with several key policies aimed at...
UK planning laws deter investment
Planning System Challenges Affecting UK Investment in Life Sciences In an interview with the BBC, Dave Ricks, CEO of Eli Lilly, the world's most valuable pharmaceutical company, highlighted significant issues with the UK's planning system that deter investment. He...
The Importance of Material Information When Advertising a Property to Let
Writing in Property118, Julie Ford has reminded landlords about the importance of getting adverts correct. The original can be seen here, and says: Ensuring Attractive and Compliant Property Listings for Landlords Creating an appealing and compliant property listing...
Kier Starmer on landlords
Kier Starmer had a heated interview with Nick Campbell on BBC Radio Live. You can listen to the exchange by clicking here and listening from 33:45, the key points of which are: Landlords and Rent Increases: Keir Starmer acknowledged that "not all landlords are evil."...
Landlords feeling more positive
The latest survey by Landbay reveals a shift in landlord sentiment, indicating a decrease in negativity about the prospects of their buy-to-let businesses and investments. According to the survey, 27% of landlords currently feel negative about their business, a...
Survey Reveals Landlord and Tenant Voting Intentions and Dissatisfaction with Current Government
In a recent survey conducted by the lettings agency OpenRent, it was revealed that only 31.8% of landlords support the Conservative Party in the upcoming election, marking a significant shift from the traditionally strong backing the party has received from the...
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Largest Labour MP landlord urged to resign
The situation involving Labour MP Jas Athwal, who has been called to resign following a BBC investigation revealing...
New landlords are young
Paragon Bank has released a report entitled 'Who are the next generation of landlords?' It can be seen here,...