Cornwall Insight have released their final October-December 2024 price cap forecast. "We are forecasting energy bills will be £1,714 a year for a typical dual fuel consumer. This would represent a 9% increase compared to the July price cap. Breakdown: Standing...
The recent "Mail on Sunday" report on the buy-to-let sector emphasizes the challenges landlords currently face due to rising costs and stricter regulations. The buy-to-let market has entered a period of stagnation, driven by high interest rates, reduced tax relief,...
A recent Financial Times report highlights that rent now consumes a higher proportion of household incomes than at any time in the past seven years. This rise is part of a broader trend where rent costs have surged faster than income growth, creating significant...
The Rightmove Price Index has been released, it can be seen here, and shows that the start of 2024 shows a cautiously optimistic trend in the UK property market, with both buyer and seller activities picking up significantly compared to the same period last year. New...
Landlord Today has published an article from Lucian Cook, Savills director of residential research which can be seen here, and says that the Renters (Reform) Bill was an ambitious attempt to address longstanding issues in the UK’s private rental sector, but its...
Inside Housing has published an article stating that the G15 group, representing some of London's largest landlords, has voiced concerns about the timeline and clarity of new legislation that aims to enhance tenant access to information about the management of their...
The UK has become the fastest-growing economy in the G7 so far in 2024, with a 0.6% expansion in the second quarter, outpacing major economies such as the US and France. This marks a strong recovery for the UK, which grew by 1.3% in the first six months of the year,...
Rachel Reeves, the new Chancellor, has indicated that tax increases are still likely in her October 30 Budget, despite positive signs of economic growth in the second quarter of the year. The UK economy expanded by 0.6% in the three months to June, following 0.7%...
UK landlords are facing an enormous financial challenge, with a £24 billion price tag looming as they work to meet the government's new Energy Performance Certificate (EPC) standards by 2030. According to research by property technology firm Reapit, approximately 2.7...
Housing market activity was relatively subdued during the first half of the year, reflecting persistent affordability pressures. Political and economic uncertainty was also heightened in the period and this may have influenced potential purchase and refinancing...
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The government has released a comprehensive guide outlining the key provisions of the Renters Rights Bill, which is...
We have been informed by the Home Office that the updated guidance for landlords (letting agents) has been published...
Ed Miliband, the UK's Energy Secretary, has pledged to enforce a ban on landlords renting out properties that do not...