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Property & Finance News

Rayner and Reeves promise 500,000 homes through new bank

Hundreds of thousands of extra homes will be delivered thanks to a government-backed ‘housing bank’. The government claims the National Housing Bank will unlock billions in private sector investment to “turbocharge...

EPCs should tell landlords to fit heat pumps, say MPs

A committee of MPs says EPCs are not fit for purpose, because they look at the cost and efficiency of heating a home, rather than actively supporting decarbonisation. The Energy Security...

Politician wants tenants to do repairs and then charge landlords

A politician is backing a group of private tenants who want to undertake repairs and then charge the cost back to landlords. A head of steam appears to be building...

Older tenants making up “increasing shortfalls” in rent – claim

A charity wants the government to uprate Local Housing Allowance so older private renters aren’t forced to make up what it calls “ever increasing shortfalls in their rent.” The demand...

Letting agencies kicked out of The Property Ombudsman scheme

Two letting agencies and three estate agencies have been expelled from The Property Ombudsman for failing to pay compensation awards to consumers. The Jolly Landlord on Dunnings Lane,Bulphan, Essex, was involved...

Shared ownership complaints soar – is it worse than pure renting?

A BBC investigation suggests that the number of shared ownership homes in England have risen by 25% in five years – but complaints about them have soared 400%. The BBC...