Spain

Ground rent cap implementation brought forward to 2027

The government will introduce a £250 annual cap on residential ground rents in England and Wales by late 2027, a year earlier than previously planned. The accelerated timeline affects more than four million leaseholders following pressure from MPs and parliamentary committees. The post Ground rent cap implementation brought forward to 2027 appeared first on...

UK mortgage affordability reaches tightest level since 2008

UK homebuyers are now spending 21.3% of gross household income on initial mortgage repayments, the highest proportion since 2008. Regional disparities show North Norfolk, Hillingdon and Luton face the most acute affordability pressures. The post UK mortgage affordability reaches tightest level since 2008 appeared first on...

FCA proposes mortgage rule changes for wider borrower access

The Financial Conduct Authority has published proposals to reform mortgage lending rules, aiming to expand access for first-time buyers, self-employed workers and older borrowers. The consultation remains open until 28 July 2026. The post FCA proposes mortgage rule changes for wider borrower access appeared first on...

Scottish estate agent ordered to amend comparative adverts

The Advertising Standards Authority has ordered RE/MAX Property Specialists in Scotland to amend comparative advertising after ruling that claims made against named competitors breached advertising standards. The regulator found several claims were misleading and not adequately substantiated. The post Scottish estate agent ordered to amend comparative adverts appeared first on...

Social housing waiting lists would take 119 years to clear

England's social housing waiting lists would take 119 years to clear at current construction rates, according to research by Shelter. More than 1.3 million households are waiting for social homes, whilst only 12,198 were built last year. The post Social housing waiting lists would take 119 years to clear appeared first on...