Posts Tagged ‘government’
BREAKING PROPERTY NEWS – 22/09/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. RVA Surveyors: Will the government’s fiscal statement soften business rates shock? PRESS RELEASE: On Friday 23rd September, Chancellor Kwai Kwarteng is expected to reveal a ‘fiscal statement’ – in effect, a small budget expected to outline further tax cuts. It is also speculated that Kwarteng will…
Read MoreNFB members are ready to ‘Build, Build, Build’
Prime Minister Johnson has announced that the Government is ready to ‘build, build, build’ and unlock a raft of opportunities through planning, investment and funding. Richard Beresford, chief executive for the National Federation of Builders (NFB), said: “The Prime Ministers speech is exactly what was needed. NFB members have been calling for Government intervention…
Read MoreGovernment Minister to address RLA Future Renting Wales conference next week
Government Minister Justin Tomlinson MP will address the Residential Landlord Association’s (RLA) Future Renting Wales conference next week. The Minister for Family Support, Housing and Child Maintenance, will be sharing his insights into the future of the private rented sector in a keynote speech at the event on November 29th, with Welsh Housing Minister Rebecca Evans promising…
Read MoreHomeless numbers rise again according to the Charity Shelter
Brand new analysis from Shelter reveals that 320,000 people are recorded as homeless, as numbers rise again. This figure lays bare the true scale of Britain’s worsening housing crisis, despite repeated Government pledges to tackle the problem. In the last year, the overall number increased by 13,000 people. This means one in every 200 people in Britain are homeless and sleeping on the…
Read MoreUK Finance response to Treasury Minister
UK Finance has responded to a letter from Economic Secretary to the Treasury John Glen MP to the Treasury Committee on ‘mortgage prisoners’, which states that “exploring solutions” for customers with inactive lenders is a top priority. Jackie Bennett, Director of Mortgages at UK Finance, commented: “We strongly support the Government’s commitment to explore potential solutions for…
Read MoreNew housing court proposal will be good news for landlords and tenants says RLA
Responding to the launch of a consultation by the Government on establishing a new housing court, David Smith, Policy Director for the Residential Landlords Association, said: “The RLA called for a new Housing Court at the time of the last election and in its budget submission. It therefore welcomes this important consultation. “Improving and speeding…
Read MoreResponse from RLA to government’s new funding to tackle rogue landlords
Responding to news that the Government will make £2 million of new funding available to local authorities in England to help tackle rogue landlords, David Smith, Policy Director for the Residential Landlords Association said: “We welcome news of new funding for enforcement which we have long campaigned for, but believe it must be part of…
Read MoreResponse to Autumn Budget from NHF
Responding to the Autumn Budget, Kate Henderson, Chief Executive of the National Housing Federation, said: Housing “The Chancellor’s announcements on housing today are not the wholesale changes needed to fix our broken housing market. “We desperately need tens of thousands more social homes to be built every year, which is why we are disappointed that…
Read MoreResponse from RLA to the Chancellor’s Budget
Responding to the Chancellor’s Budget statement, David Smith, Policy Director for the Residential Landlords Association, said: “Today’s Budget fails the country’s private tenants. “Whilst the Chancellor again outlined the Government’s desire to boost homeownership, he failed to address the needs of the millions of people who cannot or do not want to rent. “With the…
Read MoreHelp in navigating the development finance process and accessing the funding for SME housebuilders
SME housebuilders are to be given help in navigating the development finance process and accessing the funding they need, following the publication of a new guide by UK Finance and the Federation of Master Builders (FMB). The guide offers practical advice to smaller housebuilders on how they should present their project to lenders to improve their chances…
Read MoreShelter response to the Prime Minister’s announcement at the NHF conference.
Please see below Shelter response to the Government social housing announcement at the NHF conference. The Prime Minister has announced £2bn for housing associations who enter strategic partnerships with Homes England from 2022 to 2028/9. This is pre-announcing funding for the next Spending Review period. It is not extra homes or extra funding now. Polly…
Read MoreGovernment should end stamp duty on certain properties according to RICS
New figures show that nearly half of respondents to the RICS Residential Market Survey suggest using tax incentives to encourage downsizing, while making changes to Stamp Duty and Council Tax would help thousands more young people realise their dream of owning their own home. A housing tax overhaul including ending stamp duty on certain properties…
Read MoreShelter responds to review of the private rented sector
Please find below Shelter’s reponse to Nationwide Foundation and Univeristy of York’s review of the private rented sector, which calls for property MOTs for private rented homes. Polly Neate, chief executive, Shelter said, “Decades of failure to build social homes mean thousands of families are left to contend with the broken, failing market that is…
Read MoreRLA comments on call to Government to lift Local Housing Allowance freeze.
COMMENTING on calls by the Chartered Institute for Housing for the Government to lift the Local Housing Allowance freeze for private rented housing, David Smith, Policy Director for the Residential Landlords Association said “Today’s report is a reminder of the difficulties being faced by young people especially in accessing homes for private rent. “With many…
Read MoreUK households owe almost £19 billion to essential service providers and government in arrears according to Citizens Advice
Citizens Advice is calling for better regulation of unaccountable bailiff firms as it reveals households have fallen behind on their essential bills, such as council tax and utilities, by an estimated £18.9 billion. Figures from the charity show: UK households owe £18.9 billion to essential service providers and government in arrears. This includes tax credit…
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