Estate agents, developers and tech chiefs hail Conservative landslide as good news for housing, although many demand action on Stamp Duty. The resounding Conservative victory over Labour and the Liberal Democrats in the General Election has been warmly welcomed by the property industry this morning, with many predicting a post-election ‘super bounce’. Economic and political uncertainty has stalked the housing …
The National Landlords Association has hit out at both the Labour and Conservative manifestos. CEO Richard Lambert said that a Labour government would drive landlords from the market, while a new Tory administration would be on a “hell-bent” path to punishing law-abiding landlords. Labour wants to introduce an annual ‘MOT’ for landlords, rent controls linked to inflation, and a regulatory …
Labour has given shocking new details of its proposals for the private rental sector including £100.000 fines if properties are deemed substandard. The party says it will introduce a national ‘property MOT’. This would introduce a legal requirement for landlords to complete an independent annual inspection to ensure homes are up to scratch, with fines up to £100,000 and forced …