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News Archive for 2019

Universal Credit Changes Set to Pay Landlords Directly

The introduction of Universal Credit has caused a lot of issues for the lettings industry, but it's finally getting something right with the inclusion of a new online system where private landlords can get rent paid directly to them. The news was among many reforms announced a week ago by Amber Rudd, Work and Pensions Secretary of State.

Vice chair of the Residential Landlords Association (RLA), Chris Town, said: "Our most recent research ...

Land Registry Survey Analysis Suggest House Sales Have Slumped

Transaction numbers have fallen in 241 of 374 local authority areas in the last year, according to analysis. The Land Registry data - which is two months in arrears - has shown that, among the 374 Council patches in the UK, only 133 saw an increase in homes sold in 2017.

Cambridge, Newcastle-under-Lyme and Stevenage saw the worst falls (Stevenage by as much as 27.5%). As many as 122 areas saw transactions fall by more than 5%, while 41 ...