The task of decarbonizing the UK's residential housing stock to achieve an EPC band C rating by 2035 presents a monumental challenge, especially considering the current shortage of skilled workers in the construction industry. The Construction Leadership Council has...
The Buy To Let insurance company Alan Boswell Group has highlighted the ten most expensive repairs that landlords might face, revealing costs that could seriously impact their finances. The most expensive repair on the list is underpinning, which can cost anywhere...
Following the release of data from the Ministry of Justice last week, campaigning charity Shelter has highlighted the loss of a private tenancy as the leading cause of homelessness, accounting for more than a quarter of households identified as homeless or at risk....
Letting Agent Today has published an article quoting the CEO of Spicerhaart who is of the view that Labour can resolve the rental crisis, but must give clarity to the industry about future taxes and the contents of the Renters Rights Bill. The article can be seen...
Landlords in the UK are facing significant challenges in meeting the Labour government’s 2030 target for all privately rented homes to achieve an Energy Performance Certificate (EPC) rating of A to C. Research from Hamptons reveals that if energy efficiency...
The RICS UK Residential Survey for July 2024 indicates a mixed but slightly positive outlook for the UK's residential property sector. Average mortgage rates lowered in July, aligning with the market's anticipation of a Bank of England rate cut. This reduction has...
Annual growth in UK house prices quickened last month, according to data from mortgage lender Halifax. The growth rate increased to 2.3% in July, up from 1.6% in June, marking the highest annual growth rate since January. House prices rose by 0.8% in July compared to...
Overview: Recent research from Direct Line indicates a growing number of selective licensing schemes being imposed by local councils in England, increasing costs for landlords. Selective licensing schemes require landlords to obtain a license for renting out...
The UK Government is considering aligning capital gains tax (CGT) rates with income tax rates to address a £22 billion fiscal deficit, potentially increasing CGT rates up to 45%. This move could increase the average landlord's tax bill by £11,000 and trigger a mass...
Rightmove and OpenRent Contract Termination Key Points: Termination Date: Rightmove's contract with OpenRent will terminate on September 1. Reason for Termination: Conditions for OpenRent's ongoing membership with Rightmove could not be agreed upon. Impact on...
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Two landlords, Mr. Colin and Mrs. Susan Woodard, were fined a total of £18,000 after failing to comply with planning...
At the Labour Party conference, Deputy Prime Minister Angela Rayner pledged to work in collaboration with Private...