Open News

According to a recent survey, over a third of landlords are considering selling their properties, largely due to uncertainty surrounding the Renters' Rights Bill. Here is a summary of the key findings from the survey: Survey Highlights Landlords Exiting: 39% of...

The House of Commons Library has just released its monthly report, that can be seen here. According to recent data, the UK housing market has seen mixed trends. Here is a summary of the key economic indicators : UK House Prices Annual Change: House prices across the...

Councils in England spent a record £2.8 billion on temporary accommodation for homeless households last year — a 25% rise on the previous year, according to new figures. The sharp increase reflects the worsening housing crisis, with more families forced into hotels,...

The House of Lords Built Environment Committee (BEC) has raised concerns over the government’s New Towns and expanded settlements agenda, arguing that the proposals lack “a clear, engaging vision.” Peers acknowledged the pressing need to deliver more homes but warned...

The Bank of England has kept its interest rate at 4% to combat persistently high inflation, which currently sits at 3.8%, above the government's 2% target. The Monetary Policy Committee (MPC) voted 7-2 to hold the rate steady. In addition to holding rates, the MPC...

The Renters' Rights Bill is set to return to Parliament on October 14th for its final stages before becoming law. The bill will enter the "ping-pong stage," where it will be passed back and forth between the House of Lords and the House of Commons to finalize any...

A new phenomenon is unsettling the private rented sector: so-called ‘stopover tenants’ – renters who commit to six- or twelve-month agreements but leave after only a few months. Letting agents warn this short-stay behaviour is on the rise, creating unexpected voids,...

New data from Hamptons shows that newly agreed rents across Britain fell by 0.4% year-on-year in August — the largest annual drop since the pandemic and the joint second-largest fall since records began in 2011. This marks the ninth consecutive month of rents rising...

A leading insurance assessor has warned that the drive to raise Energy Performance Certificate (EPC) ratings could leave landlords and homeowners seriously underinsured if they fail to update their policies. RebuildCostASSESSMENT estimates that 76% of UK properties...

Why to Avoid Buying in University Cities Despite the common belief that university cities offer high rental yields, the expert warns against investing there for several reasons: High Turnover and Voids: Student tenants typically sign short-term, academic-year leases....