Lettings

In 2023, the Bank of Mum & Dad gifted or loaned an estimated £9.4 billion to adult children buying a property. It’s a sum that has almost doubled since 2019, with generous parents and even grandparents keen to help loved ones get a foot on the property ladder.

The Renters’ Rights Bill is Labour’s push to reform the private rental sector and the proposals are expected to pass into law this year. In fact, if progress keeps up its current pace, we could see new legislation introduced as early as April 2025.

As we head towards one of the most expensive periods of the year – Christmas - Ofgem confirmed the energy price cap would rise at the start of 2025.