RICS UK Residential Survey, March 2024 The new survey can be found here, and indicates positive trends in the housing market, with improvements in buyer demand, sales expectations, and stability in house prices. Here's a summary of the key points: Buyer Demand: Buyer...
Industry News
More than 50 residents who lost their home due to fire begin High Court claim
The residents who lost their homes in the fire at Richmond House have taken legal action against Metropolitan Thames Valley (MTVH) housing association and house builder St James. The claim, submitted to the High Court, seeks compensation for loss, damage, and personal...
Commons Committee Report Calls for Urgent Reform of Shared Ownership Schemes
The Commons Levelling Up, Housing, and Communities Committee has released a report on shared ownership, highlighting significant challenges faced by participants in these schemes. Here are the key findings and recommendations from the report: Challenges with Shared...
Legal Aid Expenditure on Housing Law Cases Increases in Latest Statistics
The Ministry of Justice has released legal aid statistics for October to December 2023, revealing notable trends in housing law cases. Here are the key findings: Increase in Expenditure: The cost of legal aid on housing law cases during this period amounted to £6.2...
Government to Highlight Poor Practice by Social Housing Landlords on Social Media Platforms
The Department for Levelling Up, Housing, and Communities has announced plans to use its social media platforms to draw attention to instances of poor practice by social housing landlords. This initiative aims to increase transparency and accountability within the...
New-Build Homeowners Required to Sign NDAs for Details of Rising Estate Charges
New homeowners in new-build estates across the UK are being compelled to sign non-disclosure agreements (NDAs) to access information regarding their escalating estate charges, according to a report by i. Residents seeking insight into the allocation of their fees are...
Surge in Tenant Demand Signals Strong Recovery in UK Rental Market
A recent report by Zero Deposit indicates a significant surge in tenant demand across most counties in England, marking a robust recovery in the UK's private rented sector (PRS). Analyzing rental data, the report reveals a 1.5% increase in tenant demand in the first...
The Renters (Reform) Bill doesn’t need tweaking – it needs sinking
Property118 has published an opinion piece that reflects the concerns and frustrations of some landlords regarding the proposed Renters (Reform) Bill and its potential impact on the private rented sector (PRS). It can be seen here, and the key points are: Criticism of...
New report suggests 1/3 landlords may sell this year
A report by comparison service Uswitch reveals significant trends and statistics concerning the buy-to-let (BTL) market in the UK. Here's a summary of the key findings: Landlord Sell-Up: Nearly one in three buy-to-let landlords (30%) plan to sell a property within the...
Report suggests suggests that private landlords are not solely to blame for rent rises
The Resolution Foundation's report titled 'Through the Roof' challenges popular theories about rising rent prices and suggests that private landlords are not solely to blame. Here's a summary of the key points and findings from the report: Rising Rent Prices: Private...
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Shelter again making Section 21 claims
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Labour has “golden opportunity” to solve renting crisis says agency boss
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