Inflation remains a major concern for homeowners...
The Leasehold Reform (Ground Rent) Act 2022 comes into force on 30 June 2022, except for retirement properties where it is not due to be implemented until 1 April 2023.
A new law has come into force to help resolve remaining commercial rent arrears of approximately £7bn which were accrued during the Covid-19 pandemic.
A report by UK Debt Collection News has reported that Bristol City Council recently resigned attempts to recover a huge amount of unpaid rent arrears debts, meaning a total of more than £1.5m is being written off.
Average asking prices have now risen by nearly £40,000 in the two years since the pandemic started, compared to just over £9,000 in the previous two years, marking an extraordinary rise.