Labour Housing Plans “hitting the ground running” after Thursday

If Labour wins Thursday’s General Election. expect three major housing announcements within a fortnight.

That’s the exclusive claim from the Sunday Times – which yesterday became the latest newspaper to declare itself for Labour. 

The paper says one of the announcements will be a draft National Planning Policy Framework, which will reinstate…

Expect more rent rises in July following long-term trend

Rents in June 2024 rose by 6.7% year-on-year, according to the latest figures from the Goodlord Rental Index. 

The Index, which analyses data from tens of thousands of confirmed tenancies, says the average rent for tenancies confirmed in June was £1,225. This is 6.7% higher than figures recorded at the same…

Agents managing HMOs without licences hit by council fines

Fines totalling £108,000 have been issued to letting agents and landlords breaching HMO rules in part of London. 

An additional HMO licensing scheme has been in operation across the whole of Haringey since 2019 and the council says its fines have been related to the scheme and licence-dodging agencies and buy…

Election result already priced-in to housing market, says top analyst

The result of the election isn’t likely to be a gamechanger for the housing market, a prominent business consultancy says. 

An analysis by Hargreaves Lansdown says that both the main parties are pledging to help people onto the property ladder – although in different ways. 

Both are promising to build more houses….

Huge numbers of empty homes discovered as rental supply falls

An insurance firm’s analysis of official figures show there are now no fewer than 760,821 vacant properties in England, Scotland and Wales.

Rank

Area

Median Property Price (£)

Housing Waitlist

Vacant Properties Per 100,000 People

1

Gwynedd

136,095

1,932

5,286

2

Argyll and Bute

133,753

4,887

3

Pembrokeshire

153,402

2,578

4,331

4

Isle of Anglesey

145,242

1,859

3,752

5

Ceredigion

166,125

4,671

3,595

6

Highland

147,903

613

2,917

7

Blackpool

99,394

1,294

2,257

8

Kensington and Chelsea

778,622

799

2,229

9

Liverpool

110,139

799

2,216

10

Camden

490,494

7,017

2,141

Sitting in first place is Gwynedd in north-west Wales with over 5,286 vacant properties per…

Date set for King’s Speech for new government to reveal programme

Details have emerged of the first major events of the new government, whatever the result of the General Election on Thursday.

Probably within the first 48 hours after the results of the election are clear on Friday morning – the new government will be formed and Cabinet ministers appointed.

On Tuesday July…

Airbnb regulation review of controversial Scots licensing scheme

A review of Edinburgh’s controversial short term lets licensing will take place this summer.

City councillors agreed to publicly consult on the city’s existing policy and conditions framework. This is in line with a decision taken in 2023 that the city’s policy would be reviewed after a year.

Regulatory Convenor Neil Ross…

ARLA agent leaders revealed by Propertymark

Propertymark has named its new ARLA leaders for the year ahead.

They are: 

– Vice President ARLA Propertymark: Kim Lidbury;

– Vice President NAEA Propertymark: Ian Harris

– Propertymark Board Director ARLA Division: David Votta

– Propertymark Board Director ARLA Division: Grace 

– Propertymark Board Director NAEA Division: Richard Worrall

Nathan Emerson, CEO of Propertymark, comments: “The…

Agency worried over Rayner scrapping Section 21 “on day one”

A lettings agency which has given broad support to the Renters Reform Bill now says it’s concerned that shadow housing Secretary Angela Rayner wants to scrap Section 21 “on day one” of a Labour government.

Leaders Romans Group’s national lettings director Allison Thompson says: “While the Conservatives had confirmed that they…

Warning – ‘new normal’ interest rates to be far higher than before

Although much focus is on the Bank of England and when it will begin to cut interest rates, a sobering warning has come from the head of the UK’s biggest lender, Lloyds Banking Group.

Chief executive Charlie Nunn says rates between 3.5% and 4.5% will be the ‘new normal’ with no…

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