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Amendments expected to the RRB
The government in England is planning to revise its Renters (Reform) Bill to address concerns from landlords while still aiming to provide security for tenants. Critics argue that these changes will favor landlords, while ministers are responding...
House Price Data
According to Nationwide, house prices rose by 1.6% in March year-on-year, the fastest increase since December 2022. However, this was below analysts’ expectations, and the month-on-month figure saw property prices decline by 0.2% swinging from a...
Cornwall property market starts to cool
The property market in Cornwall, which experienced a significant boom during the pandemic, has now started to cool down, with houses and flats selling for less compared to last year and taking longer to sell. According to estate agents Hamptons,...
Council tax to double for 80 per cent of second homes
The Telegraph is reporting on the proposal to implement a proposal to double council tax rates for second homes in England, set to commence next year, is poised to impact a significant portion of second home owners across the country. Under the new...
A south coast council to clampdown on HMOs
Eastbourne council is preparing to take action against Houses in Multiple Occupation (HMOs) following a report that raised concerns about issues such as bins, parking, and anti-social behavior associated with these properties. While acknowledging...
Tax Man does a U turn
HM Revenue and Customs (HMRC) has swiftly reversed its decision to close its self-assessment telephone helpline for six months after facing backlash from taxpayers and lawmakers. The closure was initially announced, directing taxpayers to online...
Landlords could be banned from raising rent under radical SNP crackdown
The Telegraph has run an article stating that the Scottish Government, led by Humza Yousaf's SNP-Green coalition, has put forward ambitious legislative proposals aimed at implementing long-term market controls in the rental sector. These proposals...
Gove having big problems with his Leasehold Bill
Michael Gove's promises to reform the leasehold system appear to be facing significant challenges, with criticisms mounting from various quarters, including within his own party. In a recent House of Lords debate, Gove faced accusations of "shoddy...
Government takes action against large landlord regarding cladding issues
Michael Gove, the UK government minister, has initiated legal action to compel the landlord of a Canary Wharf apartment complex to contribute £20.5 million towards building safety works. This move comes as part of the government's intensified...
UK households urged to submit meter readings ahead of energy price cut
Submitting meter readings to energy suppliers is crucial this weekend to ensure that households benefit fully from the upcoming reduction in the Ofgem energy price cap. Here are the key points: Price Cap Reduction: The Ofgem energy price cap, which...
Housing affordability in England and Wales: 2023
The Office for National Statistics (ONS) has released data on house prices and annual earnings to calculate affordability ratios for England and Wales. Here are the main points from the report: In 2023, full-time employees in England could expect...
Private rent and house prices – UK: March 2024
The Office for National Statistics (ONS) has released the latest data on the Price Index of Private Rents (PIPR) and the UK House Price Index, providing insights into trends in private rent and house prices across the UK. Here are the main points...
Renters in rural areas increasing faster than London
The County Councils Network has emphasized the need for a long-term plan for housing from the next government, citing a significant increase in rural renting over the past decade. According to new research by the network, the number of households...
Local Housing Allowance: Commons Committee calls for annual uprating
The Commons Work and Pensions Committee has published a report calling for the Government to introduce a new ‘uprating guarantee,’ to uprate working-age benefits and the Local Housing Allowance (LHA) rate each year, to end the uncertainty faced by...
Will the Section 21 go?
The Conservative Party's pledge to ban no-fault evictions, a key component of their manifesto, is facing uncertainty following a backlash from Tory MPs, particularly those who are landlords themselves. Levelling up minister Jacob Young has outlined...
Private landlords leave the market in Scotland
The private rental sector in Scotland is experiencing a significant downturn, with landlords fleeing the market in response to what they perceive as a hostile regulatory environment. Data from estate agency Hamptons indicates that the share of...
Law Society urge the government to bring forward their proposals
The Law Society of England and Wales has welcomed the ban on the sale of new leasehold homes but is urging for no further delay in announcing ground rent reforms. The Leasehold and Freehold Reform Bill, which had its second reading in the House of...
80% of landlords say banning Section 21 evictions ‘a mistake’
A recent survey conducted by the Property Redress Scheme (PRS) provides valuable insights into the sentiments of landlords and letting agents regarding the Government's proposal to eliminate Section 21 evictions. The findings reveal a significant...
A frustrated landlord speaks out
Property118 has published a blog from a frustrated landlord, Paul, a landlord with 20 rental properties around the Fylde coast, who has expressed frustration with the inefficiencies of the court and rent tribunal systems. He warns that the...
Time for Government to Fix the Energy Crisis
Britain is producing the smallest amount of energy on record as a plunge in North Sea fossil fuels leaves the country more reliant than ever on imports. Around 40pc of oil and gas used in the UK is shipped in from abroad, according to a new report...
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LATEST NEWS
How stamp duty is strangling Britain – and lining the pockets of the elite
The Telegraph has run an article on stamp duty. It can be seen here (subscription may be necessary) and discusses the...
Tory MPs are threatening to rebel against the government’s leasehold reform bill.
The debate over leasehold reform within the Conservative Party underscores the complexity of addressing longstanding...
Fire safety in houses and flats
Fire safety legislation in the UK is multifaceted, governed by various laws and regulations at different stages of a...
Call to reform stamp duty
Coventry Building Society is advocating for reform in Stamp Duty due to a notable decline in property transactions,...
Labour is plotting the greatest assault on property rights in living memory
The Telegraph has published an opinion piece which presents a critical perspective on Labour's housing policies,...
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