Here's a summary of the updated National Planning Policy Framework (NPPF) reforms announced by the Prime Minister and Angela Rayner: Key Measures Mandatory Housing Targets: Local councils must meet new targets, increasing housing by 370,000 units nationally. Areas...
Open News
October Housing Inflation above other sectors
The ONS said the largest contributor to the chunkier UK inflation rate stemmed from "housing and household services, mainly because of electricity and gas prices". Consumer prices rose 0.6% in October from September, beating expectations of a 0.5% rise. In September,...
Update on urgent need to remediate unsafe buildings
The Government’s Remediation Acceleration Plans, as outlined in the recent MHCLG Industry Consultative Group meeting, aim to address the urgent need to remediate unsafe buildings swiftly and fairly. Here’s a summary of the key aspects discussed: Key Elements of the...
Generation Rent says evictions rates are going down
The latest survey from Generation Rent offers a nuanced snapshot of trends in the private rental market in 2024. Here’s a summary and analysis of the key findings: Key Findings from the Survey Evictions Are Declining: 16.6% of respondents reported an “unwanted move”...
Agents back mandatory training
The survey conducted by eXp UK highlights mixed perspectives among estate agents regarding mandatory qualifications and training within the industry. Here’s a breakdown of the findings and context: Survey Insights on Estate Agent Qualifications and Training Current...
Grainger reports 14% rent growth and strong 12 month performance
Grainger plc, the UK's largest listed residential landlord and leader in the build-to-rent sector, today announces an excellent performance for the 12 months ended 30 September 2024. Grainger has a £3.4bn operational portfolio of 11,069 private rental homes and...
Stamp Duty Land Tax: Current situation and developments since 2020
The House of Commons Library has released a report on the situation with stamp duty (SDLT). It can be seen here, and outlines the history of SDLT.
Government releases data on affordable housing supply
The Government have provided a detailed overview of affordable housing supply statistics in England, emphasizing the roles of different organizations and the nature of the data collected. It can be seen here, and a breakdown of the key points: Understanding...
HMRC pays nearly 1m in Tax Tip-off Payments
HMRC has significantly increased its payouts to individuals providing tip-offs about tax fraud, reaching nearly £1 million in 2023/24—92% higher than the £508,500 paid in the previous year. This marks the highest total in at least seven years, as revealed by a Freedom...
Housing Market: Key Economic Indicators
The House of Commons Library has released its detailed overview of recent trends in the UK housing market, including house prices, mortgage approvals, and housing starts and completions. It can be seen here, and here’s a concise summary: House Prices Annual Growth...
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£21 Billion Tax Raid: Proposals Target Landlords and High-Value Homes
A cross-party think tank has urged Chancellor Rachel Reeves to implement a package of eight tax reforms designed to...
The Landlord Wishlist: Why Clear Guidance is Essential for Rental Reform
As the Labour party conference gets underway this week, the private rented sector (PRS) is calling for the next...