Welcome to our weekly update giving you the key stories, breaking news and topical analysis from the past week up to today, 14 September 2018.
The government is still considering lengthening tenancy agreements to three years minimum, but whether tenants really want this is another story. Elsewhere in the housing market, older generations are making record amounts from their property holdings, while youngsters being offered a leg up by Help to Buy could see an end to the scheme in 2021. Read on for seven of this week’s top stories you might have missed…
1. Tenant eviction: do renters really want longer tenancy agreements?
There’s conflicting evidence surrounding the UK’s renting preferences, but flexibility is one of the key things tenants enjoy from their rental homes. Click here to read the full story.
2. London landlords hit hardest by profit dips and tax changes
The buy-to-let sector is very divided at the moment between those choosing to stick with and even grow their portfolios, and others thinking of selling up. Click here to read the full story.
3. How to make £800 a month: property wealth among pensioners soars
The UK’s over-65s have now amassed a huge £1trn of housing wealth after benefiting from years of capital appreciation, and many will be helping out younger generations. Click here to read the full story.
4. Online register launched in Liverpool to improve homebuying process
Liverpool is one of the first cities in England and Wales to migrate to the Local Land Charges online register, which is expected to make homebuying easier for buyers, sellers, conveyancers, estate agents, and local authorities. Click here to read the full story.
5. Help to Buy ‘should continue’ past 2021 say housebuilders
The government’s Help to Buy scheme could be set to end after 2021, but is has been hailed an “unmitigated success” by builders and has helped many first-timers onto the property ladder. Click here to read the full story.
6. High street estate agent fees branded ‘daylight robbery’ by homeowners
As the housing industry continues to evolve, estate agents are increasingly coming under fire for charging too much and not keeping up with the times. Click here to read the full story.
7. US investors snapping up property bargains across UK regions
Property investors from North America are catching up with Asian investors in acquiring UK assets, and their low risk, high value strategies are leading them away from London. Click here to read the full story.
