Property News

Supply of homes for sale at lowest level since 1978

The supply of homes for sale across the UK has tumbled to its lowest level since records began in January 1978. The number of properties coming on the market has not only fallen for four months in a row, according to the Royal Institution of Chartered Surveyors, there is little sign that ultra-low mortgage deals or the end of political uncertainty is tempting vendors back to the market. The “acute shortage of supply” of residential property could force values to


Government curbs landlord licensing powers

The Residential Landlords Association has welcomed an amendment to Selective Licensing rules that now requires local councils to seek approval from the Housing Minister for any scheme that would cover more than 20% of their geographical area or would affect more than 20% of privately rented homes in the local

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