Latest News/Blogs
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Trump’s war dashes hope of rate cut this week
Experts expect the Bank of England and its Governor Andrew Bailey to respond to the effect of war in the Middle East by keeping the interest rate at 3.75%. The Bank of England is expected to hold interest rates at 3.75% this week as war in the Middle East becomes…
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E-bike fire safety – private rental sector urged to play its part
A fire service wants the private rental sector to play its part in minimising the risks from e-bike and e-scooter fires. London Fire Bridge had over 200 such fires to attend across the capital in 2025. The fires ranged in their severity with the most serious sadly resulting in deaths, injury and destructive damage…
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Labour MP calls for more tracking of short lets
Ninety-day London limit is unenforceable without adding nights-let data to the Government’s planned national register, says MP Rachel Blake. In a push for new legislation, a Labour MP has forced a Commons debate over short-term lets, arguing that London’s legal cap is meaningless unless ministers close what she calls a…
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Mortgage payments fall more than £100 – Rightmove
The latest Rightmove tracker reveals an average mortgage payment £119 per month cheaper than at the same time last year. Mortgage payments for the average homeowner now stand 7% cheaper than a year ago, according to Rightmove’s latest tracker report. This is despite house prices being 0.5% higher in January…
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Inflation fall boosts hopes for interest rate cut
Markets are betting on a March cut after January CPI drops from last month’s 3.4% to 3% and cost pressures ease. Inflation fell to a 10-month low in January, prompting traders to raise expectations that the Bank of England could cut the base rate at its next meeting on 19…
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Mayor in ‘furious row’ with developers over housebuilding rules
Mayor of London Sadiq Khan insists measures to boost new build figures in the Capital will help, despite claims from housebuilders they are unworkable. London Mayor Sadiq Khan (main picture) is in a “furious row” with developers over delays to measures designed to kickstarting housebuilding. The Government announced last year…
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New public register will expose developers’ private land deals
Revealing land option agreements will improve transparency and help smaller developers compete for sites, says Planning Minister Matthew Pennycook. Developers in England and Wales could soon be required to disclose land option agreements and similar contracts, it has been revealed. The move is part of Government plans to create a…
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Renting a home is the “easiest’ it has been for six years, claims Zoopla
Rents have become more affordable, while competition among tenants for properties has eased, despite the looming Renters’ Rights Act. Renting a home is the “easiest” it has been for tenants at any point during the past six years, Zoopla has claimed. The property website’s research suggested that rents have become…
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BTL lending data shows landlords still investing
Landlords have borrowed £6.6bn in clear sign they have not been put off by looming Renters’ Rights Act. Buy-to-let mortgage borrowing continues to grow, with fresh lending figures indicating landlords are still investing in rental property despite regulatory change and headlines around landlord exits, according to Alexander Hall’s Managing Director…
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Renters’ Rights Act implementation risks disrupting London’s rental market
Industry body calls on London’s Assembly and boroughs to coordinate closely to avoid damaging the capital’s rental supply. Propertymark has warned the London Assembly Housing Committee that the scale and complexity of London’s lettings market is such that, without careful implementation, clear guidance and consistent enforcement, the Renters’ Rights Act…
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Renters Rights Act to create growing London housing crisis
Propertymark is warning that London’s existing housing shortage will get worse thanks to the Renters Rights Act. The trade body – in a response to a London Assembly consultation – has pointed out that the increased scale of the shortage involves London’s high student population. It’s estimated that there are…
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Anger grows over court delays for possession hearings
A slew of new reports show the growing concern in the private rental sector over delays for possession cases. The Law Society of England and Wales is warning that the government must further invest in courts ahead of the Renters Rights Act. It says private landlord repossessions will continue to rise ahead of the…