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Election Results!

Election Results!

Posted On 05-07-2024

Our industry has become a political pawn over the last few years and sometimes I lose focus on what we actually do and how good we are at it!

Labour have made Key Housing Pledges:
To build 1.5million new homes in the first 5 years
To deliver the biggest increase in social and affordable housebuilding in a generation
To provide permanent support to first time buyers through a mortgage guarantee scheme
To increase stamp duty on residential property purchases for non-UK residents
To "immediately" abolish Section 21 no-fault evictions
To extend Awaab's Law to the Private Rented Sector

What we do know is vast changes and the implementation of these changes takes years (as demonstrated in Wales - it was 8 years before Renting Homes Legislation went live!) so if you are a Landlord please don't panic. Yes there will be changes - change isn't always a bad thing - and luckily you we at Black Cat Residential are qualified property professionals who can steer you through those changes as and when they come

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Black Cat Residential

Black Cat Residential

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