The Labour Party has announced that it will reduce the Stamp Duty exemption threshold for first-time buyers from £425,000 to £300,000 if it wins the upcoming General Election. This change reverses a policy introduced by the Conservative Government in 2022, which had...
Political
Labour wants to ban tenant bidding wars – it’s easier said than done though
The Conversation has published a piece outlining why they believe Labour will struggle to implement their policy of banning bidding wars. It can be seen here, and in summary: Policy Overview: Labour proposes to ban "bidding wars" in the private rented sector to...
Is there a loophole in Labours proposed end to bidding wars?
Labour's proposal to make rental bidding wars illegal is facing criticism due to a significant loophole that could undermine the policy's effectiveness. While Labour aims to stop letting agents and landlords from initiating bidding wars, the loophole allows tenants to...
Lack of Optimism with voters
With the General Election just one week away, a new poll highlights the top priorities for landlords regarding voting and politics. Landlord Voting Decisions and Sentiments Decisive Voters: Almost two-thirds (62%) of landlords have decided who they’re voting for,...
Are renters a new electoral coalition?
The BBC has published an in-depth analysis of the power of renters in politics. It can be seen here, and says that Margaret Thatcher had Essex Man, New Labour boasted Mondeo Man, David Cameron secured the Mumsnet Mums, and Boris Johnson had Workington Man. Each of...
Has Labour declared war on landlords?
Labour Deputy Leader Angela Rayner has launched a strong critique against letting agents and landlords, asserting that her party will champion renters' rights. Rayner, who also serves as the Shadow Housing Secretary, emphasized that tenants would benefit significantly...
Labour v Conservative Housing Policy – an analysis
Landlord Today has published an analysis of the two main parties with their stance on housing. The article can be seen here, and says that Aneisha Beveridge, head of research at Hamptons, observes that there is minimal difference between the housing policies of the...
Landlords reconciled to the possibility of a Labour government
A recent survey of over 1,000 landlords reveals that a significant majority have become reconciled to the possibility of a Labour government, after experiencing 14 years of tax and regulatory changes under the Conservative administration. Here's a detailed breakdown...
Summary of the housing policies for all the main political parties
Conservative Party Building Targets: Commit to building 300,000 homes annually by the mid-2020s. Home Ownership: Extend the Right to Buy scheme to housing association tenants. Planning Reforms: Simplify and accelerate the planning process. Affordable Housing: Increase...
Farage pledges to abandon Renters Reform Bill – see the Reform manifesto
Reform UK has unveiled its General Election manifesto, which includes a wide range of proposals covering immigration, crime, the economy, education, energy, health, defence, housing, transport, and governance. Here are the key points from their manifesto: Immigration...
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Summary of Kings Speech
Summary of the King's Speech 2024 The briefing notes the Kings Speech can be seen here. Economic Policy and Growth...
Renters Right Bill Confirmed
Today (17/7/24), the introduction of a new Renters' Rights Bill was confirmed in the King's Speech. The King briefly...
Key Bills in the Upcoming King’s Speech: An Overview
The government is gearing up for a packed King's Speech, this Wednesday (17th), with plans for at least 30 bills...