Homelessness Crisis: Councils Spend £1.74 Billion on Temporary Accommodation
The UK faces a record homelessness crisis, with 104,000 households in temporary accommodation. The Local Government Association urges government action to address rising costs and frozen housing allowances, emphasizing the need for sustainable solutions in the Autumn Statement.
Bank of England Maintains Interest Rate at 5.25%
Bank of England maintains a steady 5.25% interest rate amid concerns of persistent inflation, projecting a cautious economic future for the UK. Businesses urged to plan resilient financial strategies in response to the extended hold on rates and prolonged fiscal...
UK Property Income Soars to £48.8 Billion for Landlords
Unincorporated Landlords reported a total property income of £48.8 billion, a substantial increase from £46.3 billion in the previous year.
Fostering Harmony between Landlords and Tenants in the Private Rented Sector
The Renters Reform Coalition receives an open letter from NRLA Chief Executive to end any perceived hostilities between landlords and tenants.
UK House Prices Experience Biggest Monthly Rise in Over a Year Despite Ongoing Challenges
With the shortage of available properties in the UK market, the house prices saw a 0.9% increase in the month of October.
UK House Prices Rise Unexpectedly Amid Supply Scarcity
In the scarcity of supply of properties in the market, UK house prices sees an unexpected rise in October.
Government to End Council Tax on HMO Rooms
UK government announces a reform to the application of Council Tax applied to Houses of Multiple Occupation (HMOs) possibly leading to the end of council tax on HMO rooms.
Former Norton Motorcycles Boss Banned After £11m Pension Hole
The ex-owner of Norton Motorcycles caught illegally investing £11 million from the employee pension scheme funds, gets banned from serving as pension trustee.
Interest Rate Rises Impact UK Household Wealth, Say Experts
This article discusses the recent decline in total household wealth in the UK, attributing it to the surge in interest rates, impacting house prices and pension funds, and explores the potential implications for different age groups and regions.
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