House prices are set to stagnate across the UK until after the next general election, according to Savills’ latest five-year forecast, which says demand remains subdued amid rising borrowing costs and pre-Budget uncertainty. Average UK house prices are forecast to rise by just 1% this year and 2% in 2026, half the growth previously predicted….
Landlords in a major UK town are being warned they must get licensed or face prosecution and fines. The local council in Blackpool has urged tenants to check if their home should be licensed and whether the owner has paid the fee. Selective licensing for the inner area of Blackpool has now been in place…
Fast-growing agency expands network to 13 branches Author: Gemma Discover more from Sovereign Prime Property Subscribe to get the latest posts sent to your email. Type your email… Subscribe
Green Party MP Siân Berry (pictured) has urged Labour to fund councils to “buy the supply” of housing from landlords, arguing it can boost social housing quickly and reduce reliance on “expensive private rent”. In a letter published by the Guardian, the MP for Brighton Pavilion says: “My heart obviously breaks for distressed buy-to-let landlords,”…
Neil McGimpsey, Chief Operating Officer, Lomond In the private rented sector, change rarely arrives quietly. It tends to come with headlines, speculation and, more often than not, some apprehension from landlords and investors trying to make sense of what’s next. The rollout of Making Tax Digital (MTD) for Income Tax is no exception. But in…
The Dispute Service (TDS) has announced that its Chief Executive, Steve Harriott, will retire at the end of this year after sixteen years of distinguished leadership and service. The Board has also confirmed that Jacqueline Starr (pictured) will succeed him. The appointment comes at a significant time for the private rented sector, less than three…
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