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Britain's Economic Outlook remains Grim because of Lurking Challenges amid Political Turmoil

The UK is grappling with the cost-of-living crisis with rising inflation, plummeting currency, and a steep rise in energy prices, thanks to the Russian invasion of Ukraine. Add to these the recent political turbulences, after-effects of the mini-budget, and fallout f...

Read    01/12/2022

The UK Government Missed the Chance to Improve Private Rented Housing Supply

The UK government’s Autumn Statement released recently had a glaring gap. Many expected the government to take steps to improve the private rental sector supply, but that didn’t happen. There is a massive demand for private rented housing in the country. There is a s...

Read    01/12/2022

The UK Government Will Introduce New Mould Rules for Landlords and Agents

According to a recent announcement, the UK government will review guidance to landlords about health risks from dampness and mould quickly. Michael Gove and Steve Barclay, the housing and health secretaries, made the announcement. The new guidance will be published b...

Read    01/12/2022

What Leaseholders Must Know About Airbnb Short-Term Lets Before Entering Into a Lease Contract

There has been an astronomic rise in the presence of Airbnb in the UK in recent years. Airbnb is a peer-to-peer platform connecting homeowners with space to spare to those who need space for a short term. They can let an extra room while still residing on the propert...

Read    30/11/2022

Insurance Brokers and Freeholders to Face Action over Unfair Commissions

A disturbing development in the UK property market is severely impacting leasehold property owners. Evidence suggests the existence of unfair insurance commission practices, with commission rates paid by insurers to brokers reaching 30% or more—a cause for concern.

Read    30/11/2022

Governments Green Agenda and its Impact on Builders and Homeowners in the UK

The emphasis on energy-efficient and environment-friendly new-builds will drive up the prices of homes in the UK. The Home Builders Federation claims that the changes to regulations and taxes will increase the new build home price by an additional £20,000 in the next...

Read    28/11/2022

Landlords and Tenants Need to Seek a Win-Win Situation to Survive the Challenges

Multiple factors are causing the present plight of landlords and the dwindling housing supply in the UK. The year 2022 has been full of challenges like political uncertainty, the Russian invasion of Ukraine, the cost-of-living crisis, and harsh measures like the scra...

Read    25/11/2022

EPC Regulation changes- What Lies Ahead for Landlords in the UK

The lack of urgency regarding the new EPC rules among several landlords is a matter of concern. Worse still, most landlords are not even aware of such changes. It spells gloom for the Private Rental Sector. Non-compliance with the EPC regulations will render properti...

Read    21/11/2022

Government Releases New Electric Vehicle Infrastructure Strategy

Back in March 2022, the UK Government announced its new Electric Vehicle (EV) Infrastructure Strategy. It details the vision and action plan of the government for the rollout of electric vehicle charging infrastructure in the UK. According to the government, they int...

Read    18/11/2022

Build-To-Rent Homes Expected To Witness a Five-Fold Increase in the Next Decade

The British Property Federation (BPF) recently conducted a survey on the Build-to-Rent (BTR) sector, and the results align with industry expectations. Build-to-Rent is a sub-sector of the private rented sector, specifically designed and developed for institutional in...

Read    18/11/2022

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