The Housing Ombudsman has launched a special investigation into Lewisham Council, a Labour council in south London, following 16 cases of 'severe maladministration' in a year and a series of compliance issues. The investigation centers on how the council responded to...
The abolition of the furnished holiday lettings (FHL) tax regime, confirmed earlier this week, will significantly harm local economies, according to the Country Land and Business Association (CLA). The CLA's statement comes in response to the UK government publishing...
Rate cut squeaks through in super-tight decision The Bank of England has cut the base rate from 5.25% to 5% The Bank of England has cut the base rate from 5.25% to 5%. The rate had held for a year The committee voted 5:4 for a cut Inflation has held at 2% for 2...
The Royal Institution of Chartered Surveyors (RICS) has expressed strong support for Deputy Prime Minister Angela Rayner’s recent planning reforms. These reforms, which have initiated an eight-week consultation period, include the reintroduction of house-building...
Election of New Chairperson for the Housing, Communities and Local Government Committee Overview The UK Parliament has initiated the process to elect the new chairperson for the Housing, Communities and Local Government Committee. This position is critical as the...
Summary of Housing Market Forecast for 2024 Key Points: Expected Price Increase: House prices across the UK are forecasted to rise by 2% by the end of 2024. Market Dynamics: The increase in house prices is driven by a higher number of homes being put up for sale. More...
The Sun newspaper has highlighted the case of a tenant served with an eviction notice by a Council just days after unpacking their furniture and belongings. Joanna's Story: Impact: Joanna's family received an eviction notice shortly after moving in. She lost her...
The property market is experiencing significant fluctuations in property values during the time it takes to complete a sale. According to Moverly, a digital property information service, it currently takes an average of 112 days to progress a sale from an accepted...
A new analysis by Zoopla reveals that one in eight homes currently for sale were previously rented properties. This 12% figure has remained relatively consistent over the past three years. Several factors have contributed to more landlords deciding to sell their...
The UK Government has announced new planning reforms aimed at significantly increasing housebuilding across England. These reforms include mandatory targets for all councils, with the goal of constructing 1.5 million homes over the next five years. Here are the key...
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LandlordToday has published an article from Lawhive, who give their view of the potential impact of the RRB on the...
High mortgage costs, tax changes, and new legislation continue to pressure UK landlords, driving many to sell their...
UK house prices are showing signs of increasing for the first time in nearly two years as market activity picks up,...