It's interesting to see this motion being put forward by Labour MPs, despite the party's national stance against rent controls. It highlights the diversity of opinions within political parties and the willingness of some members to push for policies they believe in,...
News
Gove under pressure to scrap ‘foolish’ window planning rules
The Telegraph is reporting that Michael Gove is facing pressure to revise or scrap health and safety regulations that have resulted in homebuilders reducing the size of windows in new homes. Here's a summary of the situation: Regulatory Changes: Two years ago, the...
Tory rent reforms backfire as evictions shoot up
The Telegraph are reporting on the measures proposed by Michael Gove to crackdown on landlords are encountering challenges, with unintended consequences emerging. Here's a breakdown of the situation: Increase in Section 21 Evictions: There has been a notable increase...
Rightmove adds to reports of Market Recovery
Buoyant sales of large homes helped drive house prices to their highest level in 12 months, figures on Monday showed. The Rightmove house price index revealed the average asking price of property coming to the market in April rose by 1.1% or GBP4,207 month-on-month,...
Labour publishes 5 golden rules’ for building on Green Belt
Labour's forthcoming announcement on green belt development outlines five "golden rules" aimed at balancing the need for increased housebuilding with the preservation of genuine green spaces. Here's a summary of the key points: Prioritizing Brownfield Sites: Labour...
Renters Reform Bill returns to Parliament
After some considerable delay, the Renters Reform Bill has now been scheduled to be debated in the Commons on Wednesday April 24th. The Government has also issued the proposed amendments to Bill, which can be seen here, all 112 pages! This is significant progress...
Foxton’s Q1 Update
Strong revenue growth underpinned by significant Sales market share growth and Lettings growth from acquisitions. Entered Q2 with the Sales under-offer pipeline at its highest level since the 2016 Brexit vote which, alongside the backdrop of an improving sales...
Research shows investors reducing the size of their portfolio
The Open Property Group's analysis indicates that buy-to-let investors across England and Wales have been reducing the size of their portfolios, with the average investor now owning 8.5 properties, down by 1.6% over the past year. This trend is particularly pronounced...
Rents have increased by nearly 10%
The latest official government rent index reveals that average private rents across the UK increased by 9.2% in the 12 months leading up to March 2024, a slight uptick from the 9.0% increase recorded in the previous 12 months to February 2024. The average monthly...
Renters Reform Bill to return to the Commons
The Renters Reform Bill is set to return to the House of Commons next week, according to a report from The Sun's political correspondent, Noa Hoffman. The government has indicated that it will introduce several amendments to address concerns raised by Conservative...
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The Alan Boswell Group has highlighted the ten most expensive repairs for landlords
The Buy To Let insurance company Alan Boswell Group has highlighted the ten most expensive repairs that landlords...
Shelter again making Section 21 claims
Following the release of data from the Ministry of Justice last week, campaigning charity Shelter has highlighted the...
Labour has “golden opportunity” to solve renting crisis says agency boss
Letting Agent Today has published an article quoting the CEO of Spicerhaart who is of the view that Labour can resolve...