According to latest Bridging Trends data, contributors transacted £831 million of bridging loans in 2023, making it the highest recorded annual gross lending figure since Bridging Trends launched in 2015. Key Points for 2023: Annual contributor gross lending up 16%...
Sam Mitchell, the chief executive of Purplebricks, has criticized the Conservative Party for what he perceives as their role in exacerbating the UK's housing crisis. Mitchell's comments come in response to recent remarks from Housing Secretary Michael Gove, who...
A report Zoopla provides valuable insights into the dynamics of the UK housing market, particularly in 2023 and the projections for 2024. Here's a breakdown of the key points: Overall Market Trends: Zoopla predicts a 2% average house price drop for the year, with...
The House of Commons Library has published a paper on Flood risk management and funding. The full paper can be seen here, and in summary they state: Several million properties in England are at risk of flooding. There are different sources of flood risk. Flood risk...
The Government has published a consulation stating: Summary Consultation on changes to national planning policy to support brownfield development and reviewing the threshold for referral of applications to the Mayor of London. This consultation closes at 11:45pm on 26...
The Government has published a consultation stating: Summary This consultation seeks views on changes to several existing permitted development rights that allow for householder development, building upwards to create new homes, the demolition of certain buildings and...
Appearing on the BBC, Housing Secretary Michael Gove has stated that no-fault evictions will be "outlawed" in England by the next general election, which must take place by the end of January 2025. This move follows the Conservative Party's promise in 2019 to end the...
The Renters Reform Coalition, comprising organizations such as Shelter and Generation Rent, has once again urged Housing Secretary Michael Gove to strengthen the Renters Reform Bill, expressing concern that it may not adequately address the crisis in private renting....
Housing Secretary Michael Gove has hinted at the possibility of housing measures being included in the upcoming Spring Budget, scheduled to be delivered by Chancellor Jeremy Hunt on March 6. With Stamp Duty cuts being a priority for many in the housing sector,...
The UK government has announced a £3 billion increase in funding for the Affordable Homes Scheme, aimed at facilitating the construction of 20,000 new affordable homes across the country. This expansion of the scheme, which provides low-cost loans to housing...
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The government is gearing up for a packed King's Speech, this Wednesday (17th), with plans for at least 30 bills...
Property118 has published a useful article on how to recover legitimate costs from a tenant. It can be see here, and...
Overview Lloyds Banking Group, the UK's largest mortgage provider, is set to transform its disused office sites into...