Landlords hit back over leasehold reform linked rent caps
The leasehold system in England and Wales has long been a subject of controversy, with freeholders charging exorbitant ground rents that have burdened leaseholders. In response, the government has introduced the Leasehold Reform bill, aiming to make it easier for leaseholders to extend their leases and buy the freehold. However, the proposed ground rent caps […]
King’s Speech: A Royal Pain for Leaseholders or a Crowning Achievement?
Today’s King’s speech unveiled a series of legislative changes aimed at making it easier and cheaper for leaseholders to purchase freehold. This move is expected to offer a sigh of relief to many who have been struggling with what are often described as ‘punitive service charges’. However, the government’s commitment to abolishing leasehold sales of […]
The Government Must Shift Focus from Transport and Education to Seriously Address the Housing Crisis
England is currently facing a severe housing crisis, earning it the title of “the most difficult place to find a home in the developed world.” Recent data from the Organisation for Economic Co-operation and Development (OECD) reveals that a quarter of private renters in the UK are spending over 40% of their income on housing. […]
Is the Conservative Party doing enough to Stimulate the Property Market?
The UK property market is currently in a downturn, with house prices having fallen by 5.3% in the preceding year. This scenario has led to increased pressure on the Conservative Party to address the housing crisis. Traditionally, the Conservative Party has been associated with homeownership, and they have indicated that they would reform compulsory purchase […]
Addressing the UK’s Housing Crisis: Key Discussions at The Conservative Party Conference 2023
The Conservative Party Conference 2023 is set to have a significant focus on housing. It’s expected to address the challenges impacting the UK’s housing supply and potential solutions to the ongoing housing crisis. Michael Gove, the Secretary of State for Levelling Up, Housing and Communities, who recently outlined substantial changes to the government’s housing policy, […]
