While Chancellor Sajid Javid announced extra resource for local authorities, there is general disappointment that there was little for housing and planning in his spending review. ‘Additional funding for local authorities is much needed and welcome. However, the spending review offers little to support new housing delivery or overstretched planning departments,’ said Melanie Leech, chief […]
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A pet friendly home is the most desirable attribute in a rental property, according to new research aimed at giving landlords an insight into the wants and needs of their tenants. The research found that 14% renters rated pets being allowed in the property as their most important requirement. That figure nearly doubles in the […]
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Rental value growth in prime central London has been broadly flat over the last 12 months, underpinned by the fact demand has grown faster than supply, the latest sector report says. However, as average sale prices have declined over the same period, this has led to a rise in yields, according to the August prime […]
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A national awareness campaign is required to help landlords get to grip with new Energy Performance Certificate (EPC) legislation, according to a new report. The report, titled Communicating new EPC rules to landlords and tenants, is the 12th and final instalment in a series funded by the TDS Charitable Foundation, designed to raise standards and […]
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The Renting Homes Wales Act which is now in forces is causing confusion for landlords and letting agents as it does not outline a fees structure, it is claimed. The Act, which came into force on 01 September was given Royal Assent in May of this year, giving the Welsh Government just under four months […]
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The National Federation of Builders (NFB), which represents the broadest range of building and contracting businesses across England and Wales, is questioning the newly proposed licensing scheme targeted at tackling shoddy building work or poor business practice. The construction sector is one of the highest regulated sectors, not only through contractual obligations scrutinised by its […]
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Home owners in London pay the highest price premium to live near a station, but tram/rail links also attractive to home buyers in Manchester, less so in Glasgow, according to new research. There is a £42,900 premium in London for property 500 metres from the nearest station, compared with a similar property 1.5 kilometres away, […]
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There are signs of the property market picking up in England and Wales, and in parts of London, according to the latest real estate market analysis. Average prices for July in England and Wales, excluding new build, reached £263,145, up 2.2% month on month, according to the report from London Central Portfolio (LCP), but annual […]
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While house prices are expected to increase once the Brexit uncertainty has lifted and a deal has been agreed, a no-deal could see house prices fall by around 6% in 2020, according to a new analysis. Indeed, a drop of 10% to 20% is not out of the question if the market reacts stronger than […]
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One in six people believe that they will definitely be over 65 by the time they repay their mortgage, and another 9% have no idea when it’s going to be paid off, new research has found. However, younger people are more optimistic with 80% of 16 to 34 year olds expecting to pay it off […]
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