The recent announcement of a 10% increase in court fees for landlords has sparked concern within the property sector. Effective Wednesday May 1st, various court activities, including those involving landlords, will see higher charges. Landlords will particularly feel...
Brand new data from Mojo Mortgages has revealed significant differences in the types of properties the average UK house price can purchase across the country's major cities. The average house price is most likely to be able to purchase a 2-bed, 1-bath semi-detached...
Zoopla highlights the significant impact of higher mortgage rates on house price growth, presenting figures that underscore the strain on affordability in the UK housing market. The average home buyer utilizing a 70% loan-to-value mortgage faces annual mortgage...
The UK's housing market is currently experiencing a surge in sales, attributed to increased availability of homes for sale and renewed buyer confidence, according to Zoopla's research. Agreed sales have risen by 12% compared to the previous year, with an anticipated...
Shelter's has called to convert empty homes into social rent properties. With an estimated 261,000 empty homes across the country, repurposing them could significantly alleviate housing shortages. This approach not only addresses the immediate need for affordable...
The latest data from Halifax showed that house prices jumped by nearly 2% over the last year, industry data, driven by demand for smaller homes. Annual property price growth reached 1.9% in February, to £282,430, a notable recovery from October’s low of -4.1%....
Since 1 April 2024, every private landlord renting out property in Brent is legally required to apply for a licence, and they have issued the following: The scheme will drive up living standards for renters and build on Brent’s positive relationships with private...
The phenomenon of London councils redirecting their social housing issues to areas outside the capital, particularly the Home Counties, has sparked concerns and controversies. This practice, often driven by financial considerations, exacerbates housing shortages and...
Labour's shadow housing secretary, Matthew Pennycook, has proposed a significant amendment to the Renters (Reform) Bill, suggesting that landlords should wait two years from the start of a tenancy before selling or repossessing their property. This amendment is part...
The Government has issued a guidance which explains what the Community Infrastructure Levy is and how it operates. It can be seen here
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In spite of appealing to the First Tier Tribunal, a Hastings Landlord has been fined £10,000 after failing to provide...