The House of Commons library has just released its report on key trends in UK household finances: The report can be seen here, and in summary: Household Debt as a Percentage of Disposable Income Peaked at 156.4% in Q3 2008, fell to 134.6% by early 2016, and further...
The latest epIMS analysis highlights a significant knowledge gap among landlords regarding upcoming EPC requirements: 40% of landlords are unaware that an EPC rating of C will soon become the minimum legal standard for private rentals. 27% of landlords do not know the...
Improving the Energy Performance of Privately Rented Homes The lawyer, David Smith has published an excellent article on the recent Government announcement on another EPC consultation. It can be seen here, and says: The Government has launched a new...
Renters' Rights Bill Moves to House of Lords Amid Legal & Market Concerns The Renters' Rights Bill has progressed from the House of Commons to the House of Lords, where it recently had its Second Reading. This marks a critical phase in its journey to becoming law,...
The Telegraph has published an article warning of the problem created by the existing EPC system. It can be seen here, and says: Key Issues with EPC Ratings EPC assessments lack accuracy: Assessors with as little as three days of training are making significant...
Water Bill Hike Average water bills in England and Wales will rise by an average of £123 from 1 April 2025, marking the biggest increase since water was privatised 36 years ago. The annual average water bill will rise from £480 to £603, driven by the need to replace...
The latest English Housing Survey (2023-24) highlights improvements in housing standards and energy efficiency, but also persistent challenges in the private rented sector. 1️⃣ Housing Quality & Safety Overcrowding remains at 3%, unchanged from previous years....
Writing in Landlord Today, Louisa Sedgwick, Managing Director of Mortgages at Paragon Bank makes the same case iHowz have been making for some years - landlords are a business, not a hobby. The private rented sector (PRS) has undergone significant professionalisation...
Key Concerns Over the Bill As the House of Lords Second Reading of the Renters' Rights Bill approaches, Propertymark warns that without significant changes, the legislation will drive up rents and further restrict access to rental housing. Main Issues Identified: Rent...
The Bank of England has released data that shows mortgage approvals on house purchases: Key Mortgage Trends Mortgage approvals for house purchases rose 0.7% month-on-month to 66,526 in December 2024. Approvals were 27.7% higher year-on-year and contributed to a 30%...
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Source: The Telegraph Selling a buy-to-let property can trigger a substantial capital gains tax (CGT) bill, but there...
FINAL DECISION IMMINENT: Government Order Paper Signals End of RRB Amendments The legislative process for the Renters'...
Grainger Reports Strong Build-to-Rent Performance Grainger plc, the UK’s largest listed provider of private rental...