Britain’s largest building society, Nationwide, is set to reduce mortgage rates on several products by up to 0.26 percentage points. These rate cuts primarily target first-time buyers and
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Rental Ban May Trigger Gazundering
A prominent figure in the PropTech lettings sector has raised concerns about an unexpected consequence of the Renters Rights Bill: the potential rise of gazundering. William Reeve, the
Bank Of England Give Huge Interest Rate Update
The Bank of England has decided to keep interest rates at 4.5%, resisting growing calls for a rate cut due to persistent concerns about inflation. This decision follows
Rent or Renew: Which Is the Better Option for Renters?
New data from Hamptons indicates a significant slowdown in rental price growth, with increases now occurring at just a third of the wider inflation rate. This marks a
Six-Point Guide to Avoid Rental Complaints
Inventory Hive, a leading lettings sector supplier, has collaborated with Propertymark, the lettings agent trade body, to publish a six-point guide designed to help landlords and letting agents
Generation Rent Criticises Labour’s Welfare Reforms
The activist group Generation Rent has voiced strong opposition to the welfare reform proposals put forward by Work and Pensions Secretary Liz Kendall. Under these proposed changes, individuals
Politicians Back Eviction Pause for Mentally Ill Tenants
The Scottish government has introduced a new law that temporarily halts debt recovery actions against certain tenants with certified mental illnesses. Under the Bankruptcy and Diligence (Scotland) Act
Activists Accuse Landlords of Exploiting Guarantors
A coalition of activist groups has formally written to Housing Secretary and Deputy Prime Minister Angela Rayner, arguing that the current guarantor rules are unfair and put tenants
UK House Asking Prices Rise by £3,876 in March
The average asking price for a property in the UK has risen to £371,870 in March, reflecting a busy period in the housing market. This surge comes as
Tribunal Saves Landlord £29K in Rent Repayment Case
A recent First-tier Tribunal ruling has favoured a private landlord after tenants attempted to file an unsuccessful Rent Repayment Order (RRO) claim. The decision confirms that the landlord