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Choosing a block management organisation means entrusting crucial funding to professionals who apprehend the precise demands of multi-unit properties. MW Property Service’s technique of block management is shaped on a foundation of duty, enjoyment, and commitment to patron pleasure. This robust basis has installed MW Property Service as a dependent associate for property owners throughout…

Property management is a crucial provider for property proprietors and landlords, ensuring the effective preservation, leasing, and administration of properties. For the ones in West Midlands searching for a reliable partner in assets management, MW Property Service could be the main agency offering expert, incredible solutions that cater to the wishes of each landlord and…

In a move that aims to restore balance in the housing market, HM Revenue and Customs (HMRC) is set to abolish tax breaks for Furnished Holiday Lets (FHLs) from April 2025. This decision is expected to generate an additional £35 million for the exchequer in its first year, marking a significant shift in the government’s…

The landscape of the Private Rented Sector (PRS) across England has been brought into sharp focus by the detailed reports from the 2022-23 English Housing Survey, released on 18 July 2024. This data offers a timely snapshot as the UK Government prepares to introduce the new Renters’ Rights Bill to Parliament in Autumn 2024, a…

The UK buy-to-let mortgage market has experienced a sharp decline, with the number of new mortgages granted by lenders more than halving in just over a year. This marks the first contraction in the sector since its inception in 1996. Market Dynamics and Financial Pressures Recent data from UK Finance highlights the substantial impact of…

The Home Upgrade Grant (HUG2) is a UK Government-funded scheme for properties in England not connected to the gas grid. Local Authorities have been allocated £630 million to provide energy-efficient upgrades and low carbon heating to eligible households from April 2023 to March 2025. Tackling Fuel Poverty The HUG2 scheme targets both owner-occupiers and landlords…

Reports from The Independent suggest the UK Government is considering a 1% deposit mortgage scheme in the March 2024 Budget. While this may help those struggling to buy homes, the housing sector warns of potential price increases if more stock is not made available. Housing Plan Needs Progress A July 2023 report by the Commons…

Labour’s Landslide Victory and Housing Reforms for Kidderminster The UK General Election has brought the Labour Party to power with a landslide victory, ending 14 years of Conservative rule. Labour plans to address the housing crisis with a proactive approach. Their manifesto promises changes to planning rules, targets for new homes, private rented sector (PRS)…

Section 21 and the Court System The ban on no-fault evictions is the most high-profile part of the Renters Reform Bill and continues to dominate media coverage. The Bill now mandates an assessment of court readiness before abolishing Section 21. Jacob Young MP stated that courts must be prepared, or tenants won’t benefit from the…

On 20 June 2024, Angela Rayner MP, Labour’s Shadow Housing Secretary, will outline plans to improve renters’ lives if they win the General Election. Shadow Chancellor Rachel Reeves MP will pledge to reduce cost-of-living pressures on private sector tenants by cracking down on unscrupulous landlords, banning no-fault evictions, and capping upfront rent costs. Labour will…