Levelling up: Government reveals plans for the UK property industry

The Department for Levelling Up, Housing and Communities has published its long-awaited White Paper revealing some major changes for landlords and the wider private rented sector.

Levelling Up Secretary, Michael Gove, promised that the government’s flagship plans would deliver “Kings Cross-style transformational regeneration projects across the country” in order to “spread opportunity more evenly and help to reverse the geographical inequalities which still exist in the UK”.

The proposals will see a radical shift of powers and money from Whitehall to local leaders and include a landlord register, scrapping Section 21 evictions, a national ‘decent homes standards’ and tougher measures for rogue landlords.

The latest announcement also reveals that £1.5 billion Levelling Up Home Building Fund being will be launched, which will provide loans to SMEs and government support for 20 of our towns and city centres, starting off with Wolverhampton and Sheffield, undertaking ambitious, King’s Cross-style regeneration projects.

SOURCE: Property Reporter

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

Average Rent & Growth over the last 5 years

Average rents have risen sharply across the UK over the last five years, but the national headlines don't always reflect what's happening locally. This update examines regional rental trends, explains the reasons behind the figures, and highlights why every town, including Attleborough, has its own unique rental market story.

CLICK HERE >