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Council concerned about number of landlords leaving the market
Thurrock Council is grappling with increasing challenges in providing housing assistance to its residents amid the current cost-of-living crisis and the departure of landlords from the private rental market. The council's housing service has...
Minister concerned about planning laws and immigration making housing crisis worse
Lee Rowley, the housing minister, has emphasized the need to ease planning laws in response to the housing crisis exacerbated by record levels of immigration in the UK. He argues that discussions around housing cannot be divorced from immigration...
Warning over problems regarding the Section 21 notice
The recent case of Byrne v Harwood-Delgado (see the Nearly Legal comment) has raised important implications for tenants facing Section 21 possession proceedings, particularly concerning landlord gas safety certificates. Paula Haverkamp, a senior...
Propertymark concerned about mass exodus of student landlords
Propertymark has raised concerns about the potential mass departure of landlords who rent properties to students in the UK. This comes in response to a survey conducted by Save the Student, revealing that a significant portion of undergraduates are...
The Tories refuse to admit that mass migration is driving the housing crisis
The Telegraph has run an opinion piece on the difference in rents between USA and UK. It can be seen here (subscription may be necessary) and the article critiques the UK government's approach to addressing the housing crisis, particularly under...
Why rents in America are plummeting – but Britain’s are soaring
The Telegraph has run an opinion piece on the difference in rents between USA and UK. It can be seen here (subscription may be necessary) and the article highlights significant differences in the rental markets between the United States and the...
Law Society urges legal aid for all eviction cases – for the tenant
The Law Society of England and Wales is advocating for increased access to legal aid for tenants facing eviction, citing concerning statistics on the rise of evictions and repossessions. According to recent data from the Ministry of Justice, both...
Landlord repossessions in England and Wales rise by 23 per cent
The Ministry of Justice recently published quarterly national statistics on possession claim actions in county courts by mortgage lenders and social and private landlords, covering the period from October to December 2023. The data revealed a...
Net loss of social housing stresses the PRS
The latest government figures reveal a troubling trend in England's social housing sector, with a net loss of 16,000 social homes last year due to sales and demolitions outpacing new construction. Here are the key points: Net Loss of Social Homes:...
Optimism in the housing market
Anthony Codling of RBC Capital Markets provides an optimistic view of the current housing market for investors, highlighting the resilience of the market despite challenges. Here's a summary of his perspective: Overview of Housing Transactions:...
Halifax claim 2024 has a strong start
The latest Halifax Price Index has reported a continued rise in average house prices, with January marking the fourth consecutive month of growth. Here are the key points from their recent findings: Monthly and Annual Growth: Average house prices...
Top European locations to invest in
Your Overseas Home has highlighted the most popular regions in Europe for prospective expats and holiday home owners, showcasing the diverse attractions each destination offers: Cyprus - Paphos: Known for its historical significance, Paphos...
Bridging loan transactions hit all-time high in 2023
According to latest Bridging Trends data, contributors transacted £831 million of bridging loans in 2023, making it the highest recorded annual gross lending figure since Bridging Trends launched in 2015. Key Points for 2023: Annual contributor...
Chief executive of Purplebricks has criticized the Conservative Party
Sam Mitchell, the chief executive of Purplebricks, has criticized the Conservative Party for what he perceives as their role in exacerbating the UK's housing crisis. Mitchell's comments come in response to recent remarks from Housing Secretary...
Zoopla predictions of a 2% average house price drop this year
A report Zoopla provides valuable insights into the dynamics of the UK housing market, particularly in 2023 and the projections for 2024. Here's a breakdown of the key points: Overall Market Trends: Zoopla predicts a 2% average house price drop...
Flood risk management and funding
The House of Commons Library has published a paper on Flood risk management and funding. The full paper can be seen here, and in summary they state: Several million properties in England are at risk of flooding. There are different sources of flood...
Strengthening planning policy for brownfield development
The Government has published a consulation stating: Summary Consultation on changes to national planning policy to support brownfield development and reviewing the threshold for referral of applications to the Mayor of London. This consultation...
Changes to various permitted development rights: consultation
The Government has published a consultation stating: Summary This consultation seeks views on changes to several existing permitted development rights that allow for householder development, building upwards to create new homes, the demolition of...
Gove repeats ‘promise’ to ban Section 21
Appearing on the BBC, Housing Secretary Michael Gove has stated that no-fault evictions will be "outlawed" in England by the next general election, which must take place by the end of January 2025. This move follows the Conservative Party's...
Renters Reform Group urge a stronger Renters Reform Bill
The Renters Reform Coalition, comprising organizations such as Shelter and Generation Rent, has once again urged Housing Secretary Michael Gove to strengthen the Renters Reform Bill, expressing concern that it may not adequately address the crisis...
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LATEST NEWS
Renters Reform Bill returns to Parliament
After some considerable delay, the Renters Reform Bill has now been scheduled to be debated in the Commons on...
Foxton’s Q1 Update
Strong revenue growth underpinned by significant Sales market share growth and Lettings growth from acquisitions. ...
Research shows investors reducing the size of their portfolio
The Open Property Group's analysis indicates that buy-to-let investors across England and Wales have been reducing the...
Rents have increased by nearly 10%
The latest official government rent index reveals that average private rents across the UK increased by 9.2% in the 12...
Renters Reform Bill to return to the Commons
The Renters Reform Bill is set to return to the House of Commons next week, according to a report from The Sun's...
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