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UK Fairer Private Rented Sector White Paper Introduces New Reforms

The Department for Levelling Up, Housing and Communities published the fairer private rented sector White Paper. This White Paper forms and builds on the government's wider plans for leveling up. The government's 12-point plan of action detailed in the White Paper co...

Read    25/10/2022

The Possible Effects of Rising Interest Rates on the Property Market

The Monetary Policy Committee of the Bank of England raised interest rates by 0.5 percentage points to 2.25 percent to one percent on September 22, 2022. This is the highest interest rate since 2008. The high-interest rates are likely to have a huge impact on house p...

Read    25/10/2022

No Respite Visible For Property Owners As HMRC Continues To Rake In More Revenue From Inheritance Tax

HM Revenue and Customs (HMRC) rakes in a significant portion of its revenue from property taxes in the UK. Property tax is one of the most significant revenue streams for the UK government. Statistics for inheritance tax receipts for the period April 2022 to Septembe...

Read    25/10/2022

How the UK Housing Ministers Fared Over the Past Few Years Promise Vs. Performance

The transience of UK housing ministers continues with the resignation of Mr. Stuart Andrew just 148 days after taking office. Let us look at the country’s housing ministers for the past ten years and how they have performed.Mr. Stuart Andrew (148 days)ACHIEVED - Zilc...

Read    13/10/2022

What are Estate Charges on Housing Developments, And Why Do They Seem Unfair on Homeowners?

What are Estate Charges on Housing Developments, And Why Do They Seem Unfair to Homeowners?If you are planning to buy a new build house in the UK, you must know that if the Local Authority does not adopt all roads, verges, and any communal gardens there will be addit...

Read    10/10/2022

Agents Ultimate Guide to Next Month New Alarms Laws

The Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022 will be implemented from 1 October 2022.The new regulations require that carbon monoxide alarms be installed in private rented properties rooms with appliances such as gas and oil-fired boilers. They mu...

Read    27/09/2022

The Minimum Energy Efficiency Standard Changes 2023

The UK government has ambitious plans to reduce emissions to net zero by 2025. As a first step towards achieving this goal, the property sector will have to comply with a new set of rules on Energy Performance Certificates (EPCs) and Minimum Energy Efficiency Standar...

Read    27/09/2022

Ground Rent: Fines for Landlords Who Charge Ground Rent

The Leasehold Reform (Ground Rent) Act 2022 was introduced on 30 June 2022. The new act forbids landlords with long residential leases from collecting ground rent on new leases. The law applies to all relevant properties in both England and Wales. Ground rent is a re...

Read    27/09/2022

The Proposed Leasehold Reform Bill: How the Changes in Law Can Affect You

The Leasehold Reform (Ground Rent) Bill 2022 was introduced in the House of Lords on 12 May 2021. The Bill proposes restriction of ground rents on recently crafted long leases of flats and houses to a minimum annual rent. The Act puts an end to ground rents and will ...

Read    27/09/2022

Ringley Launches ESG Whitepaper

Ringley Launches ESG WhitepaperESG the acronym for sustainably focused decision-making and operation encompassing the disciplines of Environmental Social Governance (ESG) has gained momentum over the last year and largely replaced CSR Corporate Social Responsibility ...

Read    20/09/2022

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