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CPIH inflation rate has jumped to 1.6%...

The Office for National Statistics (ONS) released data for March 2021 shows the Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 1.6% in the 12 months to April 2021 up from...

North of England prices booming amidst highest repossession levels...

With the current stamp duty holiday spurring a property market frenzy, house prices have boomed. The latest UK House Price Index shows that the North of England is leading the way, with both the North...

Significant shift of tenants away from London...

Private sector tenants are leaving London in response to the COVID-19 pandemic. According to new research, landlords renting properties in London were the only ones in the country to report that tenant...

Portuguese Golden Visa popularity...

Astons, the international experts on real estate, residency and citizenship through investment, has revealed that it’s not just green list inclusion for UK holiday makers that could see travel to Portugal...

How will the abolition of ground rents affect existing leaseholds?

It was announced in the Queen’s speech last week that ground rents for new leasehold properties will be abolished, with a small sum in rent taking their place. However, it remains unclear as to how,

New Rightmove record for the price of property coming to market...

May sees a new Rightmove record for the price of property coming to market, hitting an average of £333,564. That is 1.8% (+£5,767) above the previous all-time high recorded in April. While the level...

Pandemic related arrears should be top of the Housing Minister’s...

The pandemic-related debts of tenants and landlords should be “top of the Housing Minister’s in-tray”, according to the National Residential Landlords Association (NRLA) following the formation...

Lack of new properties to let putting pressure on prospective...

A slowdown in the supply of new homes in April has seen price growth accelerate across the UK, according to the RICS Residential Market survey, April 2021. Meanwhile, a lack of new properties to let has...

Scottish Landlords and Tenants love their pets...

According to Google Trends, searches for “pets” has increased by 60% over the last three years. As a nation of pet lovers, more than two in five bought a puppy to be their Covid-19 companion...

Revised Right to Rent requirments from 21st June...

The temporary adjustments to the right to rent check introduced on 30 March 2020, due to COVID-19, are ending. From 21 June 2021, you must check the prescribed documents as set out in the right to rent...

Longer notice periods for tenants until at least October...

Renters will continue to be supported as national COVID-19 restrictions ease, with longer notice periods in place until at least October, Housing Minister Christopher Pincher announced. As part of a phased...

Queen’s Speech 2021 – Leasehold Reform (Ground Rent)...

“Laws (to modernise the planning system) will be brought forward, along with measures to end the practice of ground rents for new leasehold properties.” The above statement is detailed further in the...

Rent debt crisis needs addressing with tapering of notice periods...

Responding to confirmation by the Government today of its plans to taper down emergency restrictions in the private rented sector, Ben Beadle, Chief Executive of the National Residential Landlords Association...

Queen’s Speech 2021 – Landlord Reactions...

My Government will help more people to own their own home whilst enhancing the rights of those who rent. Laws to modernise the planning system, so that more homes can be built, will be brought forward,

NRLA feedback for government on rental reforms...

Responding to the Government’s commitment in the Queen’s Speech to publish a White Paper later this year on reform of the rental sector, Ben Beadle, Chief Executive of the National Residential Landlords...

Lucy Powell is new Shadow Housing Secretary...

Following the massive election disappointments in England last week, Sir Keir Starmer’s shadow cabinet reshuffle has included replacing Thangam Debbonaire as Shadow Housing Secretary with Manchester...

Stamp Duty holiday pushes 22% increase in property transactions...

The current Stamp Duty Land Tax (SDLT) holiday has helped deliver a property market stimulus that has far outweighed the immediate response to the 2007/08 financial crisis, according to new analysis by Search Acumen,

Halifax House Price index up 8.2% on last year...

The latest Halifax House Price index reflecting April figures is showing house prices were 8.2% higher than in April 2020 with the average house value now £258,204. On a monthly basis, house prices in...

Data analysis on rental return city by city...

Data analysis by Address intelligence is showing the average return on investment for renting out a property in the UK is 5%, but this varies drastically when broken down city by city. Investing in a rental...

Government predict 700,000 will use Breathing Space scheme...

People in England and Wales struggling to pay debts or rent could be eligible to use the Breathing Space scheme, and Government expects around 700,000 people to benefit in the first year of the scheme.

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