John Lewis Partnership, has named a new director of property to lead its controversial Build To Rent initiative. Martin Gafsen will take up the post on November 13; he was property and facilities director for the Royal Mail Group for 16 years, with responsibilities...
The built environment profession has broadly welcomed Labour’s plans to overhaul the planning system and deliver the next new towns In his speech this week (10 October) to the Labour Party conference, leader Keir Starmer said that his government would fix England’s...
Labour stated that they intend abolish leaseholds within 100 days of achieving power. The Conservatives had considered this, but it was reported that this idea had been dropped - see report. The problem is that it is complicated. It is a good idea for existing...
Following new Financial Conduct Authority (FCA) leasehold buildings insurance reforms, managing agents face the prospect of action from leaseholders, as new legislation outlawing the historic practices of managing agents in relation to insurance commissions gets...
Steve Smith, Chairman of PRS REIT, which has the largest portfolio of single-family rental homes in the UK [5,500], made the following comments in the company's year end report:. "The portfolio's outstanding asset performance to date demonstrates the continuing market...
Brighton & Hove City Council consultation on new property licensing schemes - Additional Housing in Multiple Occupation (HMO) and Selective Licensing The council has launched a public consultation on proposals to introduce new property licensing schemes within...
The Labour Party has vowed to abolish leasehold in the first 100 days of government if it wins the next General Election. Housing secretary Michael Gove previously promised to introduce legislation to “fundamentally reform” the leasehold system, which he had...
Property118 is running a blog stating 'The Conservative Party used to be the party of property ownership and free enterprise, but its recent policies on housing have betrayed its core values and its loyal supporters.' It can be seen here.
Yields achieved by landlords letting to students have steadily increased from an average of 5.63% recorded in September 2020 to 6.66% in August 2023, according to new analysis by Paragon Bank. The research revealed that the greatest returns are often found in the UK’s...
More than 100 leading companies urge PM to reinstate net zero measures to avoid hardship for many. Some of the UK’s biggest construction companies, property developers and estate agencies have written to Rishi Sunak to warn that his weakening and postponement of green...
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Renters Reform Bill: Unresolved Issues The prominent law firm Payne Hicks Beach has highlighted ongoing challenges in...
Generation Rent, under the leadership of Ben Twomey, has unveiled a manifesto demanding sweeping changes to the...
Following the National Residential Landlords Association (NRLA), Generation Rent is urging the next government to...