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Welsh landlords face £5,000 fines as licence renewals due

Landlords and letting agents in Wales face fines of up to £5,000 for non-compliance with Rent Smart Wales licensing requirements. The scheme, launched in November 2015, has seen 355 prosecutions since implementation, with many licence holders now approaching their second renewal deadline. The post Welsh landlords face £5,000 fines as licence renewals due appeared first on...

Labour MP proposes rent controls to reduce welfare spending

Margaret Mullane, Labour MP for Dagenham and Rainham, has proposed introducing rent controls to reduce the Housing Benefit bill, which exceeds £30 billion annually. She argues that trialling rent control systems at local authority level could ease welfare spending and cost-of-living pressures. The post Labour MP proposes rent controls to reduce welfare spending appeared first on...

Scotland’s £10,000 deposit scheme faces affordability concerns

Scotland's newly launched First Homes Fund, offering first-time buyers £10,000 towards property purchases, will not resolve underlying housing market challenges, according to Leeds Building Society. The scheme is expected to receive 50,000 applications during the current parliamentary term, with concerns raised about rapid funding depletion and limited impact in high-cost areas. The post Scotland’s...

Short-term lets grow 11.5% as housing supply concerns rise

Guest nights in UK short-term rental accommodation rose by 11.5% in 2025 to 100.9 million, according to Office for National Statistics data. Wales recorded the strongest growth at 17.4%, while industry figures warn the trend may be reducing long-term rental housing stock. The post Short-term lets grow 11.5% as housing supply concerns rise appeared first on...

Cornwall housing crisis forces young workers into vans

Young workers in Cornwall are increasingly living in campervans due to a shortage of affordable housing, as tourist property purchases and short-term rental conversions reduce long-term accommodation options in the region. The post Cornwall housing crisis forces young workers into vans appeared first on...

Knight Frank appoints new London residential sales head

Knight Frank has appointed Liza-Jane Kelly as head of London residential sales, with the former Savills executive set to join the firm in September. The appointment comes as experienced estate agents increasingly move towards brokerage and self-employed agency models. The post Knight Frank appoints new London residential sales head appeared first on...

Property lawyers warn against rushed digital reforms

Property lawyers have raised concerns about the Government's plans to accelerate digitalisation in homebuying processes, warning that insufficient consultation could undermine transaction safeguards. The Conveyancing Task Force says reforms risk repeating mistakes made during the Building Safety Act 2022 development. The post Property lawyers warn against rushed digital reforms appeared first on...