The property expert, Jonathan Rolande of the National Association of Property Buyers, suggests that the energy efficiency of homes will have a significant impact on their capital values. He notes that homes that are not energy-efficient may see a sharp drop in value,...
News
Landlords face problems in relation to licensing rules
Des Taylor, a director of Landlord Licensing & Defence, has raised concerns regarding the risks landlords face in relation to licensing rules. His main concerns are: Risk of Criminal Prosecution: According to Des Taylor, landlords are at risk of criminal...
UK government to pay private landlords £73bn over next 5 years
The UK government is set to subsidise private landlords in England with over £70 billion in the next five years through housing support, according to analysis by the New Economics Foundation (NEF). The figure is over six times the amount that is expected to be spent...
Labour state that Section 21 causes homelessness
Labour's London Assembly housing spokesperson, Sem Moema, has highlighted what she claims is a link between Section 21 eviction powers granted to landlords and an increase in homelessness, with 4,389 people sleeping rough in London—a 23% rise from the previous year....
Leaseholder protections: deed of certificate – frequently asked questions
The Government has jus published a list of FAQ's which outlines details and frequently asked questions regarding the deed of certificate in the context of the Building Safety Act and leaseholder protections. It can be read in full here, and covers: Deed of...
Labour scrapping £28bn green pledge could leave UK colder, sicker and poorer
The Guardian has published an opinion piece on Labour's decision to abandon key policy decried as ‘economically illiterate’ reaction to short-term political pressures. The article can be read here; the article highlights concerns from business experts and green...
Rightmove buys reviews company
Rightmove announced its acquisition of HomeViews for £8m in cash. HomeViews is the UK's largest community of verified resident reviews for property developments, with a particular focus on the build-to-rent sector. https://www.homeviews.com/ "It helps prospective...
Agents are confident after rates are held
Many sales agents have new confidence in the market following the impact of the Bank of England's decision to maintain the interest rates at 5.25% for the fourth consecutive time and its implications on the real estate market. They believe there is: Stability in the...
Medway Council to buy hundreds of properties for homeless
Medway Council is taking proactive steps to address homelessness and housing issues in the area. Here are some key points of the scheme: Property Purchase: Medway Council plans to buy 150 properties to provide temporary accommodation for families facing homelessness....
Brighton council must save £30m to avoid bankruptcy
Brighton and Hove City Council is set to make savings of approximately £30 million to address a budget shortfall. The cost-cutting measures include the restructuring of council operations, with around 75 staff members facing potential redundancy, expected to save £2.4...
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Propertymark has issued a stark warning to the government that abolishing Section 21 could overwhelm the court system,...
Mixed Messages on Buy-to-Let Mortgage Rates: Should You Downsize or Expand?
Recent news has provided conflicting signals about the impact of Buy-to-Let (BTL) mortgage rates on landlords, leading...
Labour cannot meet its housing targets
Labour is at risk of missing its target of delivering 1.5 million new homes within this parliamentary term without an...