Sir Keir Starmer is allegedly set to dismiss the London Mayor’s rent freeze proposal, instead focusing on tenant protection by creating a national landlord register, if elected. In a recent development, Labour leader Sir Starmer plans to reject the demands put forth...
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Councils waste millions fighting planning appeals
Coverdale Barclay has published a report that shed light on the significant costs incurred by London boroughs in fighting rejected planning applications that were later approved on appeal. Key points include: 1. **Financial Impact**: Seventeen London boroughs...
Will Labour bring in rent controls?
The issue of rent controls has resurfaced with a report commissioned by Labour recommending the implementation of rent caps for tenants struggling with rising costs. Here's a breakdown of the key points and reactions: 1. **Recommendations**: The report suggests...
New levelling up powers to fill empty shops across England
The UK government has announced new powers aimed at revitalizing high streets and addressing the issue of empty shops. These powers, set to be in force by the summer, include the introduction of High Street Rental Auctions, empowering local leaders to tackle high...
New report on Fire safety rules for blocks of flats
Following the Grenfell Tower fire in 2017, the UK government implemented new fire safety regulations, particularly focusing on high-rise blocks of flats. These rules aim to enhance building safety and mitigate the risk of fire-related incidents. Here's an overview of...
Big change around property prices comes into force on June 1
The impending abolition of the Multiple Dwellings Relief (MDR) by the government, set to take effect from June 1, has sparked a rush among house buyers eager to beat the deadline and avoid potential financial repercussions. This change particularly affects buyers of...
Renters in race for homes as listing time slashed
The BBC has published an article on the problems for tenants to find properties to rent. The intense competition between tenants for rental properties has intensified, leading to a "race to rent" as listings spend less time on the market. Figures compiled for the BBC...
Propertymark claims Government action responsible for rental decline
The rise in private rents across England, Wales, and Scotland over the past year has been attributed to various tax and regulatory changes affecting landlords, according to Propertymark, the letting agents' trade body. Propertymark's insights shed light on the...
UK HALIFAX HOUSE PRICE INDEX
According to Halifax, British house prices rose 0.1% in April month-on-month and 1.1% year-on-year. The average house price in April now stands at £288,949. In the previous month, UK house prices fell by about £2,900 in March with the typical property value down...
Is an interest-only mortgage the best choice for landlords?
Buy Association has published an article in which they say that interest-only mortgages indeed offer a way to keep monthly costs down, particularly appealing in the face of increasing mortgage rates and tax changes affecting landlords. However, opting for this type of...
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Rightmove House Price Index released
The Rightmove Price Index has been released, it can be seen here, and shows that the start of 2024 shows a cautiously...
Where Now For Rental Reform?
Landlord Today has published an article from Lucian Cook, Savills director of residential research which can be seen...
London’s largest landlords call for ‘sufficient time’ to comply with new tenant information rights
Inside Housing has published an article stating that the G15 group, representing some of London's largest landlords,...