Propertymark, a leading industry body representing property professionals, is advocating for equal treatment with the social housing sector in terms of qualification standards for housing professionals. The call comes in response to Levelling Up Secretary Michael...
News
National Trading Standards Urges Property Agents to Embrace New Material Information Rules
In a recent podcast with The Guild of Property Professionals, Guy Welfare, an investigator from the National Trading Standards Estate and Letting Agents team, emphasized the importance for agents to accept and implement new rules regarding material information in...
RICS UK Residential Market Survey released
RICS UK Residential Survey, March 2024 The new survey can be found here, and indicates positive trends in the housing market, with improvements in buyer demand, sales expectations, and stability in house prices. Here's a summary of the key points: Buyer Demand: Buyer...
More than 50 residents who lost their home due to fire begin High Court claim
The residents who lost their homes in the fire at Richmond House have taken legal action against Metropolitan Thames Valley (MTVH) housing association and house builder St James. The claim, submitted to the High Court, seeks compensation for loss, damage, and personal...
Commons Levelling Up Committee; call for evidence on the home buying and selling process
The Commons Levelling Up, Housing and Communities Committee is calling for evidence on improving the home buying and selling process in England. They welcome written submissions on various aspects related to this topic, with the deadline for submissions set for April...
Housing Laws in the Pipeline
Here's a summary of key housing laws currently under consideration: Leasehold and Freehold Reform Bill: This government bill aims to reform rights of tenants under long residential leases, regulate charges and costs, and address issues related to residential estate...
Commons Committee Report Calls for Urgent Reform of Shared Ownership Schemes
The Commons Levelling Up, Housing, and Communities Committee has released a report on shared ownership, highlighting significant challenges faced by participants in these schemes. Here are the key findings and recommendations from the report: Challenges with Shared...
Poorly Insulated Homes Face Higher Heating Costs, Urgent Action Needed
New research by the Energy and Climate Change Intelligence Unit (ECIU) reveals that poorly insulated homes in the UK will face significantly higher heating costs starting from April. Homes with an Energy Performance Certificate (EPC) rating of F are expected to...
Legal Aid Expenditure on Housing Law Cases Increases in Latest Statistics
The Ministry of Justice has released legal aid statistics for October to December 2023, revealing notable trends in housing law cases. Here are the key findings: Increase in Expenditure: The cost of legal aid on housing law cases during this period amounted to £6.2...
Government to Highlight Poor Practice by Social Housing Landlords on Social Media Platforms
The Department for Levelling Up, Housing, and Communities has announced plans to use its social media platforms to draw attention to instances of poor practice by social housing landlords. This initiative aims to increase transparency and accountability within the...
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Two-bed terraced houses sell faster than other homes, research finds
Zoopla Research: Two-Bed Terraced Homes Lead Fastest Sales in England and Wales Recent research by Zoopla reveals that...
UK Mortgage Approvals Decline Slightly in June: A Sign of Market Stabilisation
Recent data from the Bank of England reveals a slight decline in mortgage approvals in June, indicating a potential...
Inheritance tax at all time high
The average inheritance tax (IHT) bill in the UK for the 2021/22 tax year has reached an unprecedented high of...