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Agents warn of ‘chaos’ in Scottish rental market
A warning of looming ‘chaos’ in Scotland’s private rental market has been issued by the property agents’ professional body Propertymark. The Coronavirus (Recovery and Reform)…
LANDLORD & PROPERTY INVESTMENT NEWS
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Interest rates rise at fastest pace for over 30 years
The Bank of England Monetary Policy Committee has raised rates to 1.25%. Rates were just 0.1% at the beginning of December last year, so it’s…
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Scotland hits affordable housing target
Scotland has reached its target of building 50,000 affordable homes since the start of the last Parliament, Housing Secretary Shona Robison has announced. Latest quarterly…
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Government ‘does not support’ rent controls
Introduction of statutory rent controls is not an option supported by the Government, housing minister Eddie Hughes as told the Commons. ‘Historical evidence suggests that…
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Cambridge landlord banned for more than two years
A Cambridge landlord has been banned from letting property, engaging in letting agency work, or engaging in property management work in England for two and…
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UK Property Prices from Silver to Platinum
UK house prices have surged by 2,432% since the Queen’s first Jubilee in 1977. With the biggest jump between the Queen’s Silver Jubilee in 1977…
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More Welsh holiday lets to pay council tax
More holiday-let properties in Wales are to be subject to council tax. Following consultation, Welsh minister for finance and local government, Rebecca Evans, has…
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Average house price hits new record high of £250,000
The average price of a UK home has risen to a new high in April, exceeding £250,000 for the first time ever (£250,200). House prices…
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