Something else to think about for 2025
At the moment the focus is well & truly on the Renters’ Rights Bill and for good reason given the impact that such a significant piece of legislation will have on the Private Rented Sector. However, there are other crucial pieces of information / updates that property professionals need to be aware of.
Land Registry Fees
The Land Registry is a cornerstone of land registration in England & Wales, relied upon by many different Stakeholders as a source of information. From Monday 9 December, 2023, fees for HM Land Registry information services increased for the first time in more than 10 years.
The fee will increase by £4, for example:
inspection of an individual register or plan (digital copy) increased from £3 to £7
official copy of an individual register or plan (digital copy) increased from £3 to £7
registration, cancellation or rectification of an entry per name (Agricultural Credits Service or application) increased from £1 to £5
Carbon Monoxide Awareness Week
From 18th to 24th November 2024, we are proud to support Carbon Monoxide Awareness Week. This annual campaign highlights the dangers of carbon monoxide (CO) poisoning and underscores the critical importance of compliance with the Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022.
As the colder months approach, and with the ongoing pressures of rising energy costs, understanding and adhering to these regulations is essential to protecting lives and ensuring properties are safe and compliant.
The Renters Rights Bill enters Committee Stage
Today, 22nd October 2024, the Renters Rights Bill entered Committee Stage. This will mean that the Bill will undergo what is known as ‘Legislative Scrutiny’.
The Committee is made up of 17 MPs.
Gathering Evidence: The MPs in question will begin the process of gathering evidence.
Examination of the Bill: The Bill will go through detailed examination. This is common for complex or significant legislation. The committee scrutinises the bill's provisions in depth, considering both the broader implications and the finer details.
https://committees.parliament.uk/work/8527/further-to-consider-the-bill/
Rent Increases in England (2014-2023): A Decade of Fluctuations and Regional Disparities
Over the past decade, rent in England has shown a steady upward trend, although the rate of increase has varied significantly depending on regional dynamics and external factors such as economic conditions and the pandemic.