Latest property news
Lords frustrated by UK Government response on RoPA
The Chair of the Industry and Regulators Committee in the House of Lords, Baroness Taylor of Bolton, has written to the Department of Levelling Up, Housing and Communities (DLUHC), expressing disappointment at the UK Government’s response to findings of the Committee’s inquiry into the need for the regulation of property agents.
PRS needs greater professionalism says Labour-backed report
A report commissioned by the Labour Party states that the opportunity to live in a secure, affordable and accessible home is out of reach for many people, and this is set to remain the case unless the system is changed significantly. They state that landlords and agents should be registered and accredited, recommend rent stabilisation measures, and support longer term tenancies based on the model of Rent Smart Wales.
Insistence on higher cladding standards is delaying sales
Propertymark has written to Housing Minister Lee Rowley, MP, to highlight a growing trend for insurers to decline or charge more for cover on properties that have been remediated within the funding limits provided by the UK Government, leading to more costs for hard-pressed leaseholders.