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House Prices Dip in June After Spring Surge
UK house prices fell slightly by 0.4% in June, following stronger-than-expected rises of 0.6% in May and 1.4% in April, according to Rightmove. The average asking price now stands at £378,240. The drop is unusual for June, which typically sees...
Government Pledges £590m to Lower Thames Crossing Project
The UK government has committed an additional £590 million to the Lower Thames Crossing, the country’s largest road-building project, intended to ease congestion and bolster freight routes between Essex and Kent. The £9.2 billion scheme, now...
Potential Changes to MEES and the New EPC: Impacts on Landlords and How iHowz Can Assist
Understanding the implications of evolving energy efficiency regulations in the property sector Introduction With the increasing focus on sustainability and energy efficiency, the property sector is undergoing a significant transformation. Two key...
2025 Spending Review: A Housing Revolution in the Making
On 11 June 2025, Chancellor Rachel Reeves unveiled a landmark 2025 Spending Review, allocating £39 billion to social and affordable housing—the largest investment in five decades. Labelled a “renewal of Britain” by many, the package was heralded as...
Labour’s £39bn Housing Investment & PRS Challenges
£39 Billion Social Housing Boost Labour’s 2025 Spending Review (see BBC summary) allocates a historic £39 billion over ten years to social and affordable housing – nearly doubling funding to £4 billion annually by 2030. This package includes...
Wandsworth to Launch New Licensing Schemes on 1 July 2025
From 1 July 2025, the London Borough of Wandsworth will introduce new additional and selective licensing schemes that will run for five years. See more details here Additional Licensing Applies borough-wide to most Houses in Multiple Occupation...
Leasehold Reform Delayed Again, Expert Warns
Meaningful leasehold reform may be further away than ever, according to leasehold expert Linz Darlington, following a Westminster Hall debate where the government confirmed it has yet to launch a key consultation required to implement the Leasehold...
Homelessness statistics
The Government has published new statistics that includes Statutory Homelessness Statistics: Published quarterly, these cover households that councils must help—mainly families or vulnerable individuals (e.g. disabled or mentally ill)—who are...
Hackney Council Proposes New Licensing Schemes Affecting Over 30,000 Rental Properties
Hackney Council is proposing new property licensing schemes that could affect more than 31,000 rental properties in the borough. The plans include a new selective licensing scheme covering 17 areas, potentially impacting over 26,000 homes, as well...
Unite Makes Possible Offer for Empiric Student Property Amid Sector Pressures
The Unite Group plc has confirmed a possible cash and share offer for Empiric Student Property plc, valuing the business at 107 pence per share—representing a modest 1.8% discount to Empiric’s last reported NAV of 121p but a 10% premium to the...
Housing Shortfall Risks Undermining Rental Reform
Latest forecasts from Savills suggest the UK is on track to deliver just 840,000 new homes by 2029 — significantly short of the government’s 1.5 million target. A combination of lower demand from first-time buyers, reduced activity from housing...
Policy, Demographics and Investment: How the Renters’ Rights Bill Is Reshaping the Rental Sector
Writing in Landlord Today, Andy Jones, Group Director, Corporate (Investment Sales, Lettings and BTR) at LRG has outlined the impact of the Renters Rights Bill on corporate landlords. It can be read here, and says Opinion: The Renters' Rights Bill...
Don’t Target Landlords with More Taxes, Industry Leader Warns Chancellor
David Alexander, chief executive of DJ Alexander, Scotland’s largest lettings agency, has issued a direct warning to Chancellor Rachel Reeves: further taxation on landlords will harm tenants, not just investors. Writing in The Scotsman, Alexander...
Renters Rights Bill Stalled in Lords as Government Prioritises Other Business
The government appears to be delaying progress on the Renters Rights Bill, with no time allocated for its next stage in the House of Lords this week — nearly four weeks after it completed its committee stage on 15 May. Under parliamentary...
Household debt: Economic indicators
The House of Commons Library has published its regular report, that can be seen here. In summary: Household Debt Trends Peak levels: Household debt peaked in Q3 2008 at 156.4% of disposable income. Current levels: By Q4 2024, the ratio had declined...
Government Withholds Justice Impact Test for Renters’ Rights Bill, Prompting Transparency Concerns
The UK government has refused to release the Justice Impact Test for Angela Rayner’s Renters’ Rights Bill, a key document assessing the legislation’s potential effect on courts and tribunals. The move has drawn criticism from stakeholders, who warn...
Industry expert says the Renters Rights Bill might destabilise housing market
Professor Joe Nellis, co-creator of the Halifax House Price Index and economic adviser at MHA, has issued a stark warning about the potential impact of Angela Rayner’s Renters Rights Bill on the UK housing market. Speaking in the wake of the latest...
Supreme Court ruling on financial abuse and its impact on the mortgage and property market
The UK Supreme Court ruled last week that a lender had a duty to investigate whether a woman was under the undue influence of her partner when she took out a mortgage that would be used partly to pay off her partner’s debts. The Supreme Court held...
Halifax House Price Index for May
The latest Halifax Price index has been released. It can be seen here, and in summary: Headline Findings (May 2025): Monthly Change:House prices fell by 0.4% in May, reversing April’s 0.3% increase. Annual Growth:Slowed to 2.5%, down from 3.2% in...
Private Rented Sector Facing Pressure from Rising Population, Says Paragon CEO
Nigel Terrington, Chief Executive of Paragon Bank, has highlighted growing pressure on the UK’s private rented sector due to population growth and high levels of immigration. He told The Times that a shortage of landlords is contributing to the...
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LATEST NEWS
Zoopla House Prices to rise
Summary of Housing Market Forecast for 2024 Key Points: Expected Price Increase: House prices across the UK are...
Tenant served notice a few days after moving in – by a Council
The Sun newspaper has highlighted the case of a tenant served with an eviction notice by a Council just days after...
Delays in conveyancing causing landlords problems, and money
The property market is experiencing significant fluctuations in property values during the time it takes to complete a...
Ex rental properties constitute 1 in 8 new sales
A new analysis by Zoopla reveals that one in eight homes currently for sale were previously rented properties. This...
Government plans to boost property market
The UK Government has announced new planning reforms aimed at significantly increasing housebuilding across England....
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