Social landlords are seeing a rise in the number of costly housing condition claims linked to new legislation that is costing the sector millions of pounds. Lawyers are facing a major uptick in claims made through the Homes (Fitness for Human Habitation) Act 2018, with many landlords opting to settle out of court rather than risking higher costs by going through the courts. The rules around what constitutes a property that is fit for habitation under the new law is far stricter than requirements set out in the previous legislation. Read more on Inside Housing.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
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Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
Eight out of 10 properties in Londo...
9 hours ago
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