Helping Innovate Property (HIP) – Blog, Housing Market News and Articles

Section 21 evictions, colloquially known as “no-fault” evictions, have been a contentious issue in the UK housing market for years. Introduced under the Housing Act 1988, Section 21 allows landlords to evict tenants without providing a reason, provided they give at least two months’ notice once the fixed-term tenancy has ended. While this provision offers landlords flexibility, it has been heavily criticised for contributing to housing insecurity and instability for tenants. The upcoming Renters’ Reform Bill, proposed by the UK government, seeks to abolish Section 21 evictions, signaling a significant shift in the private rental sector. This article will explore the current practice of Section 21 evictions, examine the criticisms it faces, and discuss how the Renters’ Reform Bill might reshape the future of renting in the UK.

The UK rental market is undergoing a significant transformation in 2024, driven largely by new regulatory measures that aim to reshape the dynamics between landlords and tenants. Among these, the Renters’ Reform Bill stands out as one of the most impactful changes. Introduced by the Labour government, this legislation seeks to abolish Section 21 ‘no-fault’ evictions, enhance tenants’ rights, and improve the overall quality of rented accommodation. Coupled with stricter Energy Performance Certificate (EPC) requirements and other regulatory updates, these changes present both challenges and opportunities for landlords.

The Town and Country Planning Act 1990 sets out the rules relating to the development of land, that is to say any additions, alterations or changes of use. Such works will often require an application for planning permission to be made to the local authority.

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Property snagging is a term that may not be familiar to many prospective homebuyers, yet it is a critical step in ensuring the quality and safety of a new home. In the UK, where the housing market continues to evolve and new build homes are becoming increasingly popular, understanding the importance and process of property snagging is essential. This blog post delves into what property snagging entails, why it is important, and how homebuyers can effectively manage this process to safeguard their investment.

Buying a new build property is an exciting prospect, offering the opportunity to own a home with modern designs, advanced technology, and minimal initial maintenance requirements. However, the process is not without its complexities and potential pitfalls. Prospective buyers need to be diligent and informed to ensure their investment is sound. This blog post outlines key considerations and cautions for anyone looking to purchase a new build property in the UK.

The UK housing market is a subject of intense interest and debate, given its significant impact on the economy and personal wealth. Understanding the future of housing prices is crucial for homeowners, potential buyers, investors, and policymakers. This blog post will provide an in-depth analysis of the factors shaping the future of housing prices in the UK, offering insights into current trends, historical context, and expert predictions.

Conveyancing is a critical aspect of the property transaction process, involving the legal transfer of property ownership from one person to another. Despite its necessity, many individuals find the conveyancing process to be time-consuming and fraught with delays. This blog post aims to explore the reasons behind the lengthy duration of conveyancing in the UK, shedding light on the various factors that contribute to the extended timelines often experienced.

The property market is a cornerstone of the global economy, and its fluctuations have far-reaching implications for individuals, businesses, and governments. As we move through the 21st century, the landscape of the property market is set to undergo significant transformations driven by economic shifts, technological advancements, demographic changes, and evolving societal preferences. Understanding these future trends is crucial for stakeholders ranging from homebuyers and investors to policymakers and urban planners. This blog post aims to provide a comprehensive overview of the anticipated future of the property market, highlighting key trends and factors that will shape its evolution.

The introduction of UK Real Estate Investment Trusts (REITs) has significantly influenced the property investment landscape in several ways. Established in 2007, UK REITs were designed to promote investment in the property sector by providing tax advantages and increased liquidity for investors.

As the political landscape in the United Kingdom shifts, with the Labour Party potentially poised to assume power, questions about economic implications naturally arise. One pertinent issue for many is whether a Labour government would lead to higher mortgage rates. This blog post aims to explore this topic by examining the interplay between government policies, economic conditions, and the financial market’s response.

General elections in the United Kingdom are significant events that shape the economic, political, and social landscape of the country. One area that is particularly sensitive to the outcomes of such elections is the property market. The interplay between government policies, economic confidence, and market dynamics can lead to various shifts in property values, transaction volumes, and investor sentiment. This blog post will delve into the various ways general elections influence the UK property market, exploring historical trends, potential policy changes, and the implications for different market segments.