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Housing: Permitted Development Rights Extended

In 2013, the UK government introduced Permitted Development Rights (PDR) as a temporary measure to boost housing supply. By allowing office buildings to be converted into residential units without full planning permission, the government aimed to address the housing ...

Read    05/01/2023

UK Chancellor Plans an Ambitious Target for Reducing Building Energy Demand

The UK Chancellor Jeremy Hunt has announced that the country is committed to reducing energy consumption from buildings and industries by a significant measure. By the end of the decade, the Chancellor is eyeing a reduction of energy consumption by 15 percent of the...

Read    05/01/2023

UK Property Market Experts Predict an Exodus of BTL Landlords in 2023

Rising arrears and falling house prices are prompting many landlords to rethink their letting decisions. According to a Goodlords webinar titled 2023 Predictions, over 50% of letting agents believe landlord numbers will decline due to new regulations and rising inter...

Read    05/01/2023

Causes of Deposit Disputes at Check and How to Resolve Them

Causes of Deposit Disputes at Checkout and How to Resolve ThemThere are many potential points of friction between landlords and tenants. In the UK, deposit disputes are the biggest of these. End-of-tenancy deposit disputes have increased over the past year, indicatin...

Read    04/01/2023

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

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

Recent research from the British Property Federation highlights the rapid growth of the Build to Rent (BTR) sector in the UK. The number of BTR homes is set to rise from 76,800 to over 380,000 within the next decade. As demand for professionally managed rental proper...

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

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