Tags » Housing Markets

Soaring rent rises to leave nearly 6 million private renters living in poverty by 2040

A generation of primary school children face paying private rents that are 90% higher than the cost of renting at the start of the recession.  Forecasts for the Joseph Rowntree Foundation (JRF) show how rents will rise twice as fast as incomes and without action now, more people will be at risk of poverty due to rising housing costs. 505 more words


Changes to construction defect liability law in Colorado State aimed to boost local housing markets

The City of Lakewood in Colorado State has recently passed a local government ordinance amending Colorado’s laws around construction defects.

The amendments give builders a ‘right of repair’ for construction defects before facing litigation for the work, and also require consent from a majority of homeowners in developments before issuing proceedings. 83 more words

Swinney’s stamp duty critics are talking rot– but the real test will be the council tax

History was made on 9 October when John Swinney announced the Land and Buildings Transaction Tax which will replace Stamp Duty Land Tax next April. In doing so the Scottish Finance Minister introduced the first tax to be levied by a Scottish Parliament since the Act of Union in 1707. 1,173 more words