The Governor of the Bank of England, Andrew Bailey, has issued a firm caution to the government against making significant changes to the UK’s banking regulations. In particular,
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Zoopla: Rents Outpace Mortgage Growth
Private renters in the UK have experienced sharper rises in housing costs than homeowners with mortgages since 2022, according to recent research published by Zoopla. This trend highlights
Govt Hides Renters Act Impact
A growing dispute has emerged between the UK government and leading property technology firm Reapit over the transparency of the Renters’ Rights Bill, particularly concerning its potential effect
July Asking Prices Hit 20-Year Low
Average asking prices for newly listed homes in the UK have seen a notable decline this month. According to figures released by Rightmove, prices have fallen by 1.2%,
NRLA Warns: London Rental Crisis Deepens
The number of properties available for private rent in London is shrinking, even though the demand for rental homes continues to grow. This troubling trend has been highlighted
Renters’ Reform Bill Delayed Until Autumn
The Renters’ Rights Bill, a key piece of legislation affecting millions of tenants across the UK, is now expected to become law no earlier than this coming autumn.
Rachel Reeves’ Mortgage Reform Gamble
Nationwide, the UK’s largest building society, has revealed plans to raise its limit on high loan-to-income (LTI) mortgage lending. As part of this move, the lender is adjusting
Renters’ Bill Allows Surprise Checks
The rising popularity of serviced apartments attracts guests seeking hotel-like comforts while maintaining their privacy. To stand out among the competition and increase profitability, it’s crucial to enhance
Barclays Drops Mortgage Rate to 3.75%
A mini mortgage price war is now fully underway, with major lenders cutting rates as low as 3.75%. This comes as both the government and the Bank of
Rents Outpace House Prices with 6.7% Hike in June
Private rents across the UK continue to rise, though the pace is beginning to slow. According to the latest figures from the Office for National Statistics (ONS), average