A house in London that has remained vacant for six years is set to be compulsorily purchased by the council, following the approval of Housing Secretary Angela Rayner.
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Just 5% of Rental Homes Considered Affordable
New research indicates that only 5% of private rental listings in London are affordable for low-income households relying on Local Housing Allowance (LHA) to cover their rent. This
Why Are Mortgage Rates Rising and When Will They Fall?
The Bank of England is anticipated to reduce its headline lending rate from 5% to 4.75% at the Monetary Policy Committee meeting in November. This potential cut is
Landlords Seek Government Support to Boost EPC Ratings
According to research from Shawbrook, nearly one-third of landlords are looking for government support to meet the new Energy Performance Certificate (EPC) targets introduced by the Labour government.
UK Housing Market Slows, Increasing Chances of Rate Cuts
The latest inflation rate, which plays a key role in determining the annual rise in benefits such as jobseeker’s allowance, maternity allowance, housing benefit, and universal credit, has
TSB and Santander raise mortgage rates: Who’s next?
Mortgage rates may be on the rise once again, as both Santander and TSB prepare to increase the interest rates on certain fixed-rate mortgage deals. This development has
Inflation Drop Sparks 18% Surge in Mortgage Applications
The number of property sales under contract increased by 23% in the third quarter of 2024 compared to the same period in 2023, as revealed by data from
Expected Inflation Drop Impact on Interest Rates This Week
The UK is anticipated to see inflation drop below the Bank of England’s two per cent target for the first time in over three years, according to economists.
Council to Cover Portion of Rent for Private Tenants
Milton Keynes Council has announced new measures intended to assist families currently living in temporary accommodation, making it easier for them to transition into private rental homes. The
Charity Criticises Harsh Eviction Practices
The StepChange debt charity is pushing for immediate action from both the government and local authorities to overhaul the way council tax debt is collected. The charity argues