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Understanding UK's Position on Achieving Net Zero as EU Inches ahead with its Green Industry Plan

The recent announcement of the Green Deal Industrial Plan by European Union President Ursula von der Leyen underlines the EU's resolve to support net-zero industries. Green industries are vital in preparing the EU to achieve climate neutrality by 2050. These industri...

Read    04/01/2023

Government's Apathy Impacting Supply of Private Rented Homes in the UK

There is a growing demand for the government to act swiftly to boost the supply of private rental homes in the UK. Landlords in the UK endure stamp duty on purchasing properties to rent and mortgage rate restrictions. Most landlords prefer selling their homes in the ...

Read    30/12/2022

Decent Homes Standard - Rental Reform: speeding up BTR is the answer

A robust rental sector is vital for the growth of the housing sector. The UK's Private Rental Sector witnessed several changes in the recent past. Even though it plays a crucial role by providing housing to over 4.4 million households, about 20 percent of Uk househol...

Read    19/12/2022

The UK Government Issue More Guidelines for the Home for Ukraine Scheme

The Home for Ukraine scheme launched by the UK government saw responses from more than 100,000 people. They have now become the guests of British families.Under this scheme, Ukrainians with eligible sponsors in the UK capable of providing accommodation may apply for ...

Read    15/12/2022

Understanding the Impact of the Rise in the National Living Wage 

Effective April 1, 2023, there will be a hike in the UK's National Living Wage (NLW). The NLW will rise to 10.40 from the present 9.50, leading to an increase of 9.7 percent. The decision to increase the National Living Wage follows the Low Pay Commission's recommend...

Read    12/12/2022

Build-to-Rent's to be a Panacea for the UK's Chronic Housing Shortage

The latest British Property Federation research shows that Britain is swiftly moving to a renting culture. The report suggests exceptional growth in the Build to Rent sector. The number of BTR homes will multiply fivefold from the existing 76,800 to over 380,000 with...

Read    01/12/2022

Steps To Make a Property More Inclusive For All Users

Homes England, the non-departmental public body that funds new affordable housing in England, is implementing plans to improve diversity and inclusion in the housing sector. In its first Equality, Diversity, and Inclusion Report, Homes England identifies the steps an...

Read    01/12/2022

Prospects of Rising Energy Costs Drive UK Renters to Look for Bills-included BTR

Currently, the Built-To-Rent sector is experiencing a tsunami of tenants looking for homes with bills-included rents. Bills-included topped the search terms in the property sector a couple of months ago. Private and institutional landlords operating in the BTR sector...

Read    01/12/2022

Leveraging Price Escalation Clauses to Manage Supply Cost Volatility in Construction Projects

Construction cost volatility is a major factor threatening the viability of housebuilding and Build to Rent projects besides supply labour shortages. Contractors must maintain equilibrium in construction costs by controlling labour and material costs and managing del...

Read    01/12/2022

New Register of Overseas Entities (ROE) impacts Overseas Entities' investing in UK Real Estate

The 1 August 2022 and 15 March 2002 are important dates for Overseas UK property investors.  The Economic Crime (Transparency and Enforcement) Act 2022 (The ECTEA) came into force 15 March 2022 after receiving royal assent. The ECTEA aims to support the governme...

Read    01/12/2022

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