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From May, the Renters’ Rights Act will prohibit offers above the advertised rent. The change removes a feature that, while informal, has been far from marginal.Over the past five years, roughly one in ten new tenancies across the UK have been agreed above asking – a meaningful share of the
With the Renters’ Rights Act due to take effect on 1st May, rental market dynamics remain steady – rental growth is holding firm and supply levels are improving. In the run-up to the Act taking effect, average rents across the UK edged up in March, marking the first monthly increase
UK annual house price growth rose to 2.2% in March, up from 1.0% in February, suggesting the market regained some momentum after a slowdown at the start of the year. Across Q1, most regions recorded modest annual price increases, with only two of the 13 regions seeing declines: Outer South
The government has confirmed seven proposed new town locations across the UK, each expected to deliver at least 10,000 homes, with some developments exceeding 40,000. The locations include Tempsford, Leeds South Bank, Crews Hill and Chase Park, Manchester Victoria North, Thamesmead, Brabazon and West Innovation Arc, and Milton Keynes. These
