All posts by Property118.com News Team
Covid-19 mortgage payment holiday deferrals are decreasing...
The number of payment deferrals across mortgages and consumer credit reduced in recent weeks as more customers returned to making repayments or sought alternative forms of tailored...
Open consultation on change of use from commercial to...
The Ministry of Housing, Communities and Local Government has launched an open consultation seeking views on proposed measures to support housing delivery, economic recovery, and public service...
Government must respond to Extend the Stamp Duty Holiday...
A petition to extend the Stamp Duty Holiday for an additional 6 months after 31st March 2021 has now reached the 10,000 signature threshold where the government must officially respond. This response...
Average time to completion has increased by 12 days +...
The latest research, GetAgent.co.uk, has revealed that the time it’s taking to sell a property across Britain has increased by 12 days so far in 2020. However, in some parts of Britain, this...
Latest tier restrictions are a pretty blatant attack on less...
Research by estate agent, Barrows and Forrester, has revealed the average cost of buying a home across the current Covid tier rankings. The government revealed which tiers each part of England would...
Calls on government for a new landlord and tenant...
Private landlords are calling on the Government to establish a new landlord and tenant conciliation service as part of its planned changes to the private rented sector.
The call, being made by the...
House Prices up 0.9% this month and 6.5% on the year...
The Nationwide House Price Index for November is reporting annual growth rising to 6.5%, the highest rate since Jan 2015 and up 0.9% month-on-month, after taking account of seasonal factors. The...
Review Hearings are adding a further delay to evictions!
In addition to the temporary ban on evictions implemented to help sustain tenancies and prevent homelessness during the COVID-19 pandemic, since re-opening, the courts have now introduced Review...
PRA may look for Banks to increase Stress testing to 167%...
The PRA has highlighted to lenders that section 24 rental income tax changes have made BTL investments more expensive for high rate taxpayers and lenders are not fully accounting for this when...
Apparently the most homes created since 1987?
Official statistics show more homes were delivered last year than in any year since 1987, making this the 7th year in a row the number of homes delivered has increased. The new figures show 243,770...