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Money
General
10.11.2021

The hidden costs of leasehold property

In the UK, leasehold is one of the main types of property ownership for flats. Other forms of ownership do exist – including commonhold and shared freehold – but most of the time, if you’re buying an apartment, it’ll be sold leasehold.

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Rental contract
General
09.11.2021

Government's Rental Reform White Paper Delayed as Possession Case Backlog Receives Funding Boost

The government's Department of Levelling Up, Housing and Communities has said that its white paper on rental reform, which was part of a 2019 manifesto promise, has been delayed yet again. The further delay of publication from this autumn until 2022, comes as the creators of the report are given extra time to develop a balanced set of reform proposals.

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Calculator
General
04.11.2021

What does the Autumn Budget mean for the property sector?

On Wednesday 27 October, the chancellor, Rishi Sunak, delivered his Autumn Budget for 2021. It’s been marketed as a generous package of increased spending to boost the nation’s post-Covid recovery, but as always there are winners and losers – and not everything in it is quite as straightforward as it seems.

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Money
Tenant
03.11.2021

New Government Covid Rent Arrears Fund Welcomed, But May Not Be Enough

Following months of pressure from various bodies representing landlords and tenants, the UK government has provided new funding for local authorities across England to support tenants who have fallen into arrears due to the effects of the Covid-19 pandemic. The £65 million fund will be allocated via local councils to ensure vulnerable people living in rental accommodation will not end up homeless this winter due to financial problems related to the pandemic.

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Calculator
Landlord
27.10.2021

Mortgage and rent arrears both on the rise

Published on 13 October, the third and final part of the government’s Household Resilience Study explores how the Covid-19 pandemic has affected people’s housing circumstances in England. While there are no shock revelations, the research does shed further light on ‘hidden’ issues like the ongoing arrears problem in the private rented sector. 

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Graph
Landlord
26.10.2021

Rents Rise as Detached Properties Retain Popularity Despite Low Supply

Two separate reports show that rents have risen in recent months as demand for property in the lettings market remains high. The data suggests the recovery in demand for rental homes has continued over the third quarter of the year with one stating it expects demand to remain strong and push rents higher.

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