Under the bi-line 'Anticipating the threats and opportunities of a Labour government is key to making your money go further' the Telegraph has run a piece on ways they believe you could benefit from the new Government. It can be seen here (subscription may be...
News
Is this what The Next Five Years Look Like?
Landlord Today has posted a blog outlining what they believe the next 5 years will look like. It can be seen here, and they believe that Labour Party's extensive housing plans aim to overhaul the private rented sector, significantly increase housing supply, and...
Labour’s Rental Reform Agenda – getting it right
Writing in Landlord Today, Richard Rowntree, Managing Director of Mortgages at Paragon Bank calls for the new Government not to rush new legislation., stating that Labour's approach to rental reform will be crucial in balancing the needs of both tenants and landlords,...
What does the future of housing look like under a Labour government?
Mortgage Strategy has published a blog with their views on the potential outcome of the new Government. It can be seen here, and in summary says that the future of housing under the new Labour government is set to be transformative, with several key policies aimed at...
Labours new cabinet
A current list of cabinet positions can be seen here, showing their previous shadow positions. The official Government announcement can be seen here. The following positions are the main ones of interest to landlords:- Angela Rayner - Secretary of State for Levelling...
Equity Markets React to Labour’s Landslide Victory
Following Labour’s significant electoral win, housebuilder stocks experienced notable gains. Key players in the sector, such as Vistry, Persimmon, Taylor Wimpey, Barratt, and Crest Nicholson, saw their share prices rise. RBC Capital Markets Commentary: RBC Capital...
Halifax House Price Index for June 2024
The Halifax House Price Index for June 2024 can be seen here, and the key statistics are: Average House Price: £288,455 (compared to £288,931 in May) Monthly Change: -0.2% Quarterly Change: -0.5% Annual Change: +1.6% Commentary from Amanda Bryden, Head of Mortgages,...
The outcome of the General Election
Whilst Labour won a large majority of 64% of the seats, they achieved it with just 34% of the people who voted supporting Labour. And in their turn, only 60% of people bothered to vote, which means that (approx) 20% of the populous gave Labour their thumping majority....
New Housing Secretary appointed
Following the General Election, Angela Rayner has been appointed Levelling Up Secretary with responsibility for housing - a role she has in addition to being Deputy Prime Minister. There is no news yet on who the housing minister will be - a key role for implementing...
Bank of England Monthly Statistics: May Overview
The Bank of England’s monthly statistics for May provide detailed insights into the trends and developments in borrowing and deposits by households and businesses. These statistics are crucial for understanding the broader economic conditions in the UK. Key Highlights...
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New landlords are young
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