Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

What will this mean for Landlords and Tenants? As Labour's policies start to unfold, both landlords and tenants are keen to understand the potential impacts. Watch video version @charleskellymoneytips https://youtu.be/00ha4KkiCAw Labour has long championed affordable housing and tenant rights. Their manifesto includes ambitious plans to build 1.5 million new homes over the current parliament, introduce rent controls, and increase ‘protections’ for tenants. This could significantly shift the landscape for both homeowners and the buy-to-let market. The Renters Reform Bill will be resurrected and will almost certainly include an end to Section 21 ‘no fault’ evictions and more ‘secure’ tenancies. Impact on the Housing Market 1. Increased Housing Supply: Labour's pledge to build more homes aims to address the chronic housing shortage. This could stabilize or even reduce house prices, making it easier for first-time buyers to enter the market.   2. Affordability: By increasing housing supply, Labour hopes