Government regulations coupled with a hostile attitude towards landlords are exacerbating Scotland’s housing crisis, caution experts. John Blackwood, CEO of the Scottish Association of Landlords, asserts that the
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Interest rate cut in June ‘not ruled out’, says Bank of England governor Andrew Bailey
The Bank of England has decided to keep interest rates steady at 5.25%, maintaining them at their 16-year high. However, there are hints that rate cuts could be
Ground Rent To Be Capped At £250
Michael Gove’s proposed abolition of leasehold has encountered a compromise, as plans now entail capping ground rents at £250 annually. This development signals a partial victory for Gove,
Bank of England Faces Pressure for Rate Cut
The current landscape of mortgage costs paints a concerning picture, with a gradual but steady rise prompting renewed calls for the Bank of England and Governor Andrew Bailey
Government Insulation Scheme Sees Minimal Uptake
According to recent statistics provided by the Department for Energy and Net Zero, only 4,648 households have thus far availed themselves of the government’s ongoing Great British Housing
Despite High Mortgage Rates, UK House Prices Rise
In April, UK house prices saw a modest increase of 0.1% compared to March, reaching an average of £288,949. This uptick follows a 0.9% decline in prices observed
Savills Predicts £61,500 Surge in House Prices by 2029
Savills, the estate agent, has adjusted its predictions, now projecting an average increase of £61,500 in house prices over the next five years. Previously forecasting a 17.9% rise
Build-to-Rent Advocates’ Views on Buy-to-Let Challenges
Legal and General Investment Management (LGIM), a prominent player in the struggling Build To Rent sector, has launched a scathing critique aimed at buy-to-let landlords. Their condemnation targets
Ignorance on Tenancy Types Can Be Costly
An industry group is emphasizing the need for landlords and letting agents in England to understand the distinctions between statutory and contractual tenancy agreements. This call to action
Lloyds Banking Group Expands Rental Portfolio
Citra Living, a division of Lloyds Banking Group, is expanding its footprint in Gloucestershire with the addition of more than 150 new family rental homes. These properties, acquired