Yorkshire and South West new builds have cheapened
The average cost of a new builds have dropped by around £33,000 in both the South West and Yorkshire and the Humberside – reflecting slower housing markets in the regions.…
Landlords have high hopes for commonhold
The vast majority of landlords hope commonhold will prove vital to improvements in the sector. Almost half of the landlords polled (46%) said they were hoping for lower service charges…
Planning rules to loosen around train stations
Housing developments within a 15-minute walk of train and tram stations will be given the green light by default from planners, under plans unveiled by housing secretary Steve Reed. Ministers…
Mansion tax would hit swathes of London
London accounts for two thirds (66%) homes worth over £2 million, meaning the measure would overwhelmingly target people in the capital if it goes ahead, analysis from Enness Global shows.…
Projects stall ahead of Autumn Budget
Developers are hesitant to progress new housing projects amid the upcoming Autumn Budget on 26 November. Some 64% of developers are not confident about starting new residential developments over the…
Few lenders give preferential mortgage terms to existing customers
It’s rare for mortgage lenders to offer better rates to reward loyal customers, Which? analysis shows. Only Barclays offers cheaper rates to existing borrowers, while Principality Building Society often does.…
Government accused of ‘using nature as a scapegoat’ for lack of housebuilding
MPs have accused the government of using nature as a scapegoat by getting rid of habitat protections in the Planning and Infrastructure Bill. A report by the Environmental Audit Committee…
Propertymark offers agents compliance audit
Estate and letting agents can take out a compliance audit in a bid to acclimitise to new regulation, which includes rules around enting reform, material information, energy efficiency, and anti-money…
Scottish landlords hike rents the most despite rent controls
Landlords in Scotland are raising rents every year to compensate for the limits of rent controls, Hamptons research shows. Since April 2024 rent increases in Scotland have been limited to…
Section 21’s May deadline – the industry responds
On 1 May Section 21 evictions will be abolished, after years of promises and delays. This means landlords have six months to prepare for the new regulations, which will also…