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Showing posts from May, 2016

Landmark Housing and Planning Bill receives Royal Assent

Landmark Housing and Planning Bill  receives Royal Assent

New measures to help more people buy their own home and get houses built faster become law. New measures to help more people buy their own home and get houses built faster became law today (13 May 2016) as the Housing and Planning Act received Royal Assent. The Act sets out a clear determination from the government to keep the country building while giving hard working families every opportunity to unlock the door to home ownership. It will give housebuilders and decision-makers the tools and confidence to provide more homes and further streamline the planning system to accelerate their delivery. The measures include underpinning the voluntary Right to Buy agreement with housing associations, supporting the doubling of the number of custom and self-build homes by 2020, tackling rogue landlords and speeding up the neighbourhood planning process. Housing and Planning Minister Brandon Lewis said: Our landmark Housing and Planning Act will…

March buying spree followed by UK landlords flooding the rental market ?

After March buying spree, landlords flood the rental market 11.5% rise in rental properties being listed in April ?From the section Image copyright
Landlords who scrambled to buy homes earlier this year are beginning to rent them out, providing tenants with a flood of properties, research suggests.
A record number of sales took place in March, as buyers tried to beat last month's Stamp Duty deadline. That has resulted in an 11.5% rise in rental properties being listed in April, according to data from the website Rightmove. Some towns, like Worcester, have seen rental listings surge by nearly 50% . Even in London, the number of homes for rent rose by 9.1% last month, says the research conducted by investment firm Property Partner. It looked at 90 towns and cities across the UK, and found that the supply of properties went up in 82% of them. Where rental properties are coming onto the market