The government has responded to the consultation on proposals to exempt certain categories of dwellings from council tax premiums in England. Here's a summary of the key points and exceptions: Exceptions to both the empty and second homes council tax premiums:...
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Government report on calculating housing need in the planning system
The government has set a national housing target of delivering 300,000 new homes in England per year by the mid-2020s. However, this target is not binding on local planning authorities (LPAs). Instead, LPAs are required to calculate and meet housing need in their...
Latest Zoopla report released
According to the latest Rental Market Report from Zoopla, rent inflation has slowed to 7.8%, down from 11% a year ago, marking the lowest rate in two years. The average monthly rent now stands at £1,223. However, despite this slowdown, rental affordability is...
Green Party candidate pushing for rent controls
A Green Party politician and potential MP candidate for Brighton, Siân Berry, is advocating for the introduction of rent controls across the country. She criticizes Labour for what she perceives as a weakening stance on this issue. Berry points to a recent YouGov...
Rents are staring to go down
According to the latest data from an agency, there has been a 125% increase in the number of landlords opting to lower advertised rents in February. This surge is attributed to changing market conditions across London. The agency reports that rents have decreased by...
Mortgage Advice Bureau Market Review
In their accounts for the year to 3 December 2023, Mortgage Advice Bureau provided the following market review: Market review The fall in new mortgage approval volumes in the aftermath of the September 2022 mini-budget continued throughout 2023, as the rising costs of...
Government intervention in London housing market
The Housing Secretary, Michael Gove, has taken the unusual step of intervening in the London Plan to address housing delivery issues in the capital. Gove has expressed concerns about the chronic under-delivery of new homes in London and aims to boost housing...
Three council tenants awarded a total of £40,000
Three council tenants have been awarded a total of £40,000 by the Housing Ombudsman due to unacceptable living conditions caused by damp and mould, with Lewisham Council being found guilty of 'severe maladministration' in all three cases. Richard Blakeway, the Housing...
Right to Rent fines increase by 405%
The Right to Rent regulations in England have led to a significant increase in fines for landlords and letting agents who fail to comply. Government figures show a staggering 405% rise in penalties last year, reaching £151,480 compared to £29,960 the previous year....
PM lights the (gas) burner under the green agenda
12/3/24 Rishi Sunak risks further criticism from green campaigners after throwing his weight behind the building of new gas-fired power stations, saying he will “not gamble with our energy security”. The government will on Tuesday announce a plan to increase gas power...
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Writing in the Financial Times, Moira O'Neill questions whether buy-to-let investments are with while now. The article...
PBSA Watkin Jones forward sells 397 beds in East London
Watkin Jones PLC on Monday announced the forward sale of a student accommodation development, in a deal which may...
Big fine for getting it wrong
A recent case of an unregistered House in Multiple Occupation (HMO) in Wallington, near Croydon, highlights...