Louisa Sedgwick, Managing Director for Mortgages at Paragon Bank has written an article for LandlordToday, which can be seen here In it, she says that the proposal for minimum Energy Performance Certificates (EPC) for rental properties has resurfaced, with Labour...
News
Government updates data regarding building programs
The latest data tables on housing supply: indicators of new supply has just been released, and can be seen here.
Property Expert worried about budget
In an interview in the Standard, Phil Spencer, the well-known property expert, believes London's housing market is stuck in a vicious cycle of unaffordability, bureaucratic red tape, and a lack of movement. He argues that bold, controversial tax changes in the...
Some councils object to Labours housing targets
Councils in rural and county areas of England, represented by the County Councils Network (CCN), have expressed opposition to Labour’s proposed housing targets, citing concerns over inadequate infrastructure and the undermining of local planning efforts. Rather than...
Nationwide – House Prices released
The latest survey from Nationwide showed that house prices grew at their fastest annual rate in two years in September. Prices rose 3.2% on the year following 2.4% growth in August and marking the fastest pace of growth since November 2022. On the month, prices...
Fuel Poverty expected to impact homes this winter
Almost half of British adults will ration their energy use this winter, a survey has found, as energy bills will rise again by 10% this week. Charities have called on the government to do more to help vulnerable people to heat their homes, with the average household...
Can Labour deliver on its housebuilding program?
The BBC has conducted an in-depth analysis of the Governments plans to build 1.5 million new homes. It can be seen here, and in summary says that the development of Northstowe in Cambridgeshire represents the UK’s first new town since Milton Keynes and has been...
More details issued on the Renters Rights Bill
The government has released a comprehensive guide outlining the key provisions of the Renters Rights Bill, which is soon to be presented to the House of Commons. The Bill, designed to strengthen tenant protections and reform the private rental sector, covers a wide...
Right to Rent Guidance updated
We have been informed by the Home Office that the updated guidance for landlords (letting agents) has been published on 23 September. https://www.gov.uk/government/publications/landlords-guide-to-right-to-rent-checks Updates include: Clarification within List A Group...
Landlords will have to spend up to £10,000 for eco upgrade, else be banned
Ed Miliband, the UK's Energy Secretary, has pledged to enforce a ban on landlords renting out properties that do not meet specific energy efficiency standards, as outlined during the Labour Party conference in Liverpool. His plan involves requiring landlords to ensure...
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Think Tank Targets Landlords for Higher Income Tax
A think tank with strong ties to the Labour Party has suggested that landlords are “under-taxed” and should contribute...
UK Rents and House Prices: Mixed Trends
The latest data from the Office for National Statistics (ONS) shows mixed trends in the UK housing market, with a...
Property Chain Collapses Costing UK Economy £1.5 Billion a Year
New research from Santander suggests that collapsed property chains are costing the UK economy at least £1.5 billion...