Latest property news
Silver surge: what’s driving a rise in older homebuyers?
New analysis of a decade of homemover data shows that buyers aged 50 – 59 are now the fastest-growing segment of the UK housing market. The findings highlight a significant shift in market activity that agents should factor into their business planning and service offerings. The growth of the older buyer group does not signal a decline in other segments. However, it does underline the importance of understanding who is driving transactions at any given time.
New approach – but no uplift – for Disabled Facilities Grant
The reforms are designed to better reflect current patterns of need and ensure funding is distributed more fairly and will influence how quickly adaptations can be delivered for disabled homeowners and renters, including those in the private rented sector (PRS). However, the UK Government has not lifted the cap on the maximum grant amount, leaving some people still unable to cover the cost of necessary work.
Joined-up thinking on EPCs is needed to balance with housing reality
Energy efficiency policy has major implications for the private rented sector (PRS), homebuyers and sellers, and the wider housing market. Our response to the UK Government’s consultation on reforms to Energy Performance Certificates (EPCs) and the introduction of the Home Energy Model sets out clear recommendations to ensure changes are grounded in real-world property conditions and avoid unintended consequences for supply.