The recent actions and statements from Minister for Housing and Building Safety, Lee Rowley, shed light on the government's efforts to address building safety issues, particularly in medium and high-rise buildings. Here are the key points highlighted: Round Table...
Industry News
Airbnb outlines typical host
Airbnb's latest figures highlight the important role that short-term letting plays for many landlords in the UK, particularly during times of economic strain. With the typical host landlord earning £5,500 a year from sharing their space on the platform, Airbnb argues...
Gove’s Airbnb Crackdown – Criticism building
Letting Agent Today is reporting on the growing criticism of the proposal to restrict private homeowners using their properties via Airbnb and other short let platforms. It can be seen here, and says that the announcement by Housing Secretary Michael Gove regarding...
Man who forecast last two property slumps says house prices will jump 20% before falling in 2026
This is Money has reported on the views of Fred Harrison, a British author and economic commentator famous for his theory of an 18-year property cycle, who is predicting turbulent years ahead for the housing market. The article can be seen here, and says that Fred...
Senior Tory has backed amendments to the Renters Reform Bill
Jacob Rees-Mogg, a prominent political figure, appearing on CNN, has voiced his strong opposition to the Renters Reform Bill, sponsored by Housing Secretary Michael Gove. Rees-Mogg characterizes the bill as a "socialist error" that threatens property rights, which he...
Property auctions busier than normal
It's clear from the recent trends that January auctions have experienced a significant surge in activity, marking it as the busiest month ever in auction history. The increase in both the number of properties coming to market and those selling under the hammer...
What are the proposals to restrict short-term lets in England?
The Guardian has summarised the proposals on short term lets and can be seen here, and in summary: The UK government's recent proposals to address issues related to short-term holiday lets in England have garnered mixed reactions from various stakeholders. Here's a...
New Airbnb rules don’t go far enough – says Generation Rent
The proposals announced by Housing Secretary Michael Gove regarding the regulation of Airbnb-style short lets have faced criticism from activists, particularly Generation Rent, led by chief executive Ben Twomey. Here are the key points of their response: Insufficiency...
Airbnb supports mandatory register
Airbnb has expressed its support for a proposal from Housing Secretary Michael Gove to implement a mandatory register of short let landlords in England. Here are the key points of the proposal and reactions from relevant stakeholders: Proposed Measures: Councils will...
Is there an over supply in London?
The latest rental market snapshot indicates an oversupply of rental properties in London, resulting in a decline in rents. According to the Home website's monthly sales and rental index, while there is positive annualized growth in all regions across the UK, Greater...
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Government announcement on Housing
The Secretary of State for Housing made a statement to Parliament yesterday (30/7/24) in which she said that the...
PBSA Watkin Jones forward sells 397 beds in East London
Watkin Jones PLC on Monday announced the forward sale of a student accommodation development, in a deal which may...
Big fine for getting it wrong
A recent case of an unregistered House in Multiple Occupation (HMO) in Wallington, near Croydon, highlights...