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With Labour’s landslide victory in the 2024 General Election, significant changes are anticipated for the private rented sector in England. Understanding both the content and pace of rental reform is crucial for landlords to navigate the evolving landscape.
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Mortgage troubles
The Bank of England’s recent Financial Stability Report paints a concerning picture for millions of UK homeowners. Despite interest rates starting to decline, the relief for many borrowers will be minimal, as over three million households are set to face a significant increase in mortgage payments over the next two years. This scenario is expected to unfold as fixed-rate mortgage deals come to an end,...
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