Open News

The ONS has just published its latest Private Rent and House Price data which can be seen here. Main Points: Private Rent Trends: UK Rent Increase: Average UK private rents rose by 8.7% in the 12 months to October 2024, up from 8.4% in September 2024, though below the...

Paul Hilton, the chief executive of the Scottish property portal ESPC, has challenged the traditional advice to “don’t move, improve,” asserting that rising costs and the effects of Brexit have made renovation projects far less cost-effective than moving to a new...

The Law Commission has officially launched a consultation on the 1954 Landlord and Tenant Act, focusing on potential reforms to security of tenure provisions. Here are the key details: Purpose of the Consultation To evaluate the effectiveness of the existing security...

A recent survey by Foundation Home Loans sheds light on how UK landlords are preparing to address the government’s proposed Energy Performance Certificate (EPC) ‘C’ standard, which aims to improve energy efficiency in rented properties by 2030. Over two-thirds of...

The announcement of an unexpected stamp duty hike in the UK Budget has sparked concern among property investors, particularly those considering buy-to-let and holiday let purchases. Here's what investors need to know: Key Changes to Stamp Duty: From April 2024, the...

An investigation by The Daily Telegraph has revealed a significant discrepancy in how local councils are handling housing conditions within their own properties. Despite implementing strict regulations and licensing schemes targeting private landlords, many councils...

Caroline Fleming, a 60-year-old woman from Elmers End, Bromley, is facing a distressing situation after investing over £20,000 refurbishing her housing association flat. She has spent 15 years improving her home, including replacing the kitchen multiple times, putting...

A recent Q3 research report from Foundation Home Loans reveals that 67% of landlords currently own at least one property that does not meet the government's proposed energy performance certificate (EPC) 'C' target, which is set to apply to both private and social...

UK house prices continued their upward trajectory in October, aided by lower borrowing costs. The Royal Institution of Chartered Surveyors noted a rise in its house price net balance to 16, up from 11 in September, with sales volumes also improving. Despite stable...

The recent tax and spending adjustments announced by the Chancellor will significantly influence homeowners, investors, and businesses in the UK. Here's an overview of key changes and their potential implications, as outlined by Propertymark: Stamp Duty Land Tax...