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Social rents to rise by more than inflation

Chancellor Rachel Reeves is to announce raising social housing rents by inflation plus 1% for five to ten years aims to secure predictable, long-term funding for local councils, but it presents both opportunities and challenges. This change, based on a formula that...

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Affordable Homes Programme delayed

The UK government's next Affordable Homes Programme (AHP) is anticipated to be unveiled in spring 2025, following the Spring Spending Review. This delay has left housing providers, especially in the social housing sector, awaiting details on Labour’s revamped grant...

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Property Expert worried about budget

In an interview in the Standard, Phil Spencer, the well-known property expert, believes London's housing market is stuck in a vicious cycle of unaffordability, bureaucratic red tape, and a lack of movement. He argues that bold, controversial tax changes in the...

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Nationwide – House Prices released

The latest survey from Nationwide showed that house prices grew at their fastest annual rate in two years in September. Prices rose 3.2% on the year following 2.4% growth in August and marking the fastest pace of growth since November 2022. On the month, prices...

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