Lease lengths are being granted at both 990 years and 50-90 years, as only some are honouring the provisions in the Leasehold and Freehold Act.
The latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey shows rental demand continuing to grow and outstrip supply.
Tenants, while you may be excited about the potential benefits of the Renters’ Rights Bill, it’s important to consider what the potential impact will be on your renting life.
The Second Reading of the Renters’ Rights Bill was held by Deputy Prime Minister Angela Rayner on 9th October 2024.
Average UK houses prices rose by the fastest pace for two years during September, Nationwide data suggests.
The Labour Government has already warned that its first fiscal budget will be painful. With an estimated £22 billion black hole to fill, it’s likely that taxes will increase and public spending will be cut.
Propertymark says it’s met with government officials and a minister to press its concerns about aspects of the Renters Rights Bill, which goes for its second reading in the Commons this week.
Since coming into power in July, new Labour prime minister Sir Keir Starmer has made it clear that ‘getting Britain building’ is going to be a cornerstone policy for the party.
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