The recent Bank of England (BoE) base rate cut to 4.75% has sparked a mix of reactions, particularly in relation to the housing market and broader economic conditions. Here are some key takeaways from the decision.
The Labour Party's 2024 budget for the UK property market introduces new measures aimed at addressing housing supply and affordability, though it has faced mixed reactions from the industry. Here are the main aspects
The first Labour Budget for 14 years was a hotly anticipated political event, with rumours swirling in the build-up. Now, with Rachel Reeves safely back in No. 11, we can start digesting the contents. Here is what’s relevant to home movers.
The Guardian recently ran an article celebrating the ensuite bathroom. It highlighted the changing requirements of home movers who are, as a minimum, increasingly requesting an ensuite to at least one bedroom.
Many things have changed since the Covid pandemic but no one would have predicted how two new habits with no direct links to the medical world would radically shift our perspective, perhaps forever. Even more surprisingly, both habits have a direct link to property sales.
Labour is planning to implement the new tenancy system for the PRS in a single stage. On this date, all private tenancies, including existing ones, will transition to the new system. New tenancies signed on or after this date will also adhere to the new rules.
Currently, Section 21 of the Housing Act 1988 (“HA 1988”) enables private landlords to terminate a tenancy agreement without having to provide any reason and/or establish fault on the part of the tenant, commonly known as ‘no-fault’ evictions.
The Renters (Reform) Bill will improve the system for both the 11 million private renters and 2.3 million landlords in England. Our reforms have been developed in consultation with landlord and tenant groups over the past five years.
The annual ‘colour of the year’ announcements are always eagerly awaited by those who follow interior trends. The first to stick its head above the parapet and make an announcement this year is paint specialist Dulux. Its Colour of the Year 2025 is True Joy.
More rain, less daylight, kids back to school? It can only mean one thing. Autumn is here. September usually marks the start of a peak in the property calendar and 2024 proved no different.
There have been multiple surveys of prospective buyers, asking them what would put them off buying a property, and one thing crops up time and time again – clutter.
When a property is listed for rent, there is currently no shortage of tenants vying to hopefully secure the home. The demand has been quantified by Rightmove, who says the number of enquiries each available rental property is receiving is 17.
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