The Office for National Statistics has published data showing that more than 1.4 million households in the UK are facing the prospect of interest rate rises when they renew their fixed rate mortgages in 2023. The majority of fixed rate mortgages in the UK (57 per...
A landlord is hoping for a more effective complaints system after winning a long-running mould and damp battle with Norwich City Council. Alice Holtom, a legal executive from Norwich, bought a one-bedroom in 2018. Despite owning and leasing out the ground-floor flat,...
A Hove letting agent accused of threatening student tenants, turning off their utilities, launching vexatious court action against their parents and even assaulting one of their friends is to stand trial. Shadi Baja, 30, who runs SB Lets in Norfolk Square, is charged...
On 9 January 2023 the Resolution Foundation published a report finding that typical household disposable incomes for working-age families are likely to fall by 3 per cent this financial year, and by 4 per cent next year, with the two-year cost-of-living increase set...
The House of Commons has released its latest indicators on house prices, etc. It can be seen here, and says: House prices, as measured by the UK House Price Index, increased by 10.3% between November 2021 and November 2022. On a seasonally adjusted basis, average...
A tenant who let out their council home for 12 years while secretly living abroad has been fined £34,000, a council said. The fraudster had been "sub-letting the property since 2010" until they were discovered by Kensington and Chelsea Council's housing investigation...
On 22 December 2022 the DLUHC published new guidance to help eligible tenants in social and affordable housing buy a share in their home for the first time, under the Right to Shared Ownership scheme. Tenants will be able to buy a share of their property worth between...
On 5 January 2023 the Office for National Statistics published information from the 2021 census setting out types of accommodation, tenure, rooms and bedrooms and availability of central heating. The main points are: Across England and Wales, 77.9 per cent (19.3...
From 10 January 2023 the Legal Aid Agency is making changes to ensure that individuals receiving cost-of-living support payments are not disadvantaged when applying for legal aid. Payments under the Energy Prices Act 2022 and Social Security (Additional Payments) Act...
According to the latest Rightmove house price index, prices rose 0.9% month-on-month, swinging from a 2.1% decline in December. It was the biggest January rise since 2020, while year-on-year, house prices jumped 6.3%. The average asking price now stood at £362,438,...
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The Telegraph is reporting that the first quarter of 2024 saw a significant milestone for first-time buyers in the UK...
The latest figures from lettings agency Hamptons suggest that the popular narrative about first-time buyers being...
Propertymark is advocating for agents to proactively prepare for impending regulation within the property sector. They...