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 products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

Understanding AML Checks: What Every Homeowner Should Know

Buying or selling a property is a super exciting time but it can soon be ruined by the seemingly endless red tape and providing copies of ID, but there is an important reason, this article explains it all.

CLICK HERE >

The Hidden Trap of Overpricing Your Home in Attleborough's Property Market

Planning to sell your Attleborough home in the next 12 months? Setting an inflated asking price could cost you valuable time, money, and the chance to move, as buyers have many options and tend to dismiss overpriced properties. Pricing your home correctly from the start is the best way to attract serious interest and secure a successful sale.

CLICK HERE >

Property Valuations Explained: Find the Most Accurate Method for Your Needs

If you are at the very early stage of planning to move, just thinking about it, is it too early to arrange a valuation of your home? Read this article to learn about the various valuation options available to you and how accurate they are.

CLICK HERE >

Essential Steps Before Selling- Should You Extend Your Lease?

Do you own a leasehold property? Do you know how much is left on your lease? Read this article to learn more about why you should know how long is left, particularly before you try to sell.

CLICK HERE >