Period properties, often built before 1919, are admired for their unique architectural features and historical charm. However, these charming homes come with a significant maintenance burden, with owners spending an average of £700 a month on upkeep. This monthly expense is almost equivalent to a small mortgage, highlighting the financial commitment required to maintain these Continue Reading…
The rental market in prime London areas is experiencing significant challenges despite some positive trends. Recent data highlights this sector’s pressures as well as some encouraging aspects, offering a comprehensive view of its current state. Although a niche segment of the overall UK rental sector, demand for prime areas can often serve as an early Continue Reading…
The race towards autonomous vehicles just got a turbo boost in the UK with significant investments, groundbreaking projects, and ambitious plans shaping the future of transportation. Let’s take a ride through the latest developments that are propelling us towards a driverless tomorrow. Investment in Wayve: Shaping the Future of Driving Wayve, a British driverless car Continue Reading…
Starting July 6, a new era of road safety is dawning in Britain as mandatory speed limiters become the norm in most new cars. No more fretting over speeding tickets or attending tedious speed awareness courses – your car will be your personal speed coach, ensuring you stay within the legal limits. Another Measure By Continue Reading…
London’s iconic black cab drivers are gearing up for a legal battle against ride-hailing giant Uber, sparking a multimillion-pound lawsuit that could reshape the landscape of transportation in the UK capital. The dispute, set to unfold in the High Court, revolves around Uber’s alleged improper acquisition of a license from Transport for London (TfL) back Continue Reading…
In a bid to strike a balance between leaseholders’ rights and financial considerations, the Leasehold and Freehold Reform Bill is undergoing significant amendments, signalling a compromise between policymakers and stakeholders. While the initial aim to abolish ground rents entirely has been diluted, there are still notable victories for leaseholders in the proposed changes. Under the Continue Reading…
In the ever-evolving landscape of the housing market, landlords are facing crucial decisions which will be influenced by the outlook of the sector. As buyer confidence surges and home sales see a notable uptick, the dilemma of whether to hold onto property assets or explore new investment opportunities becomes paramount. Navigating the Current Housing Market Continue Reading…
Poor gas safety can jeopardise the health of your residential property’s tenants, and it is your job to offer a safe interior environment. You must repair and maintain gas pipes and appliances as a landlord, perform an annual gas safety check, and keep gas safety records. Installing carbon monoxide detectors and developing an interior air Continue Reading…
Uber has reached a significant milestone in Australia, agreeing to a mammoth $178 million settlement in a lawsuit brought forth by taxi and hire car drivers. The legal battle, spearheaded by Maurice Blackburn Lawyers on behalf of over 8,000 drivers, marks one of the most successful actions against the ride-sharing giant to date. Principal Michael Continue Reading…
Bolt, one of the prominent players in the ride-hailing industry, is making a significant move to support its workforce. Starting from May 1, 2024, Bolt will roll out a pension scheme tailored specifically for its 65,000 registered private hire vehicle drivers across the UK. Partnering with Aviva, this initiative allows drivers to contribute 5% of Continue Reading…