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General Election and the Renters Reform Bill
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We are now in campaign season, gearing up for the General Election on the 4th July 2024 – which was announced earlier this month . However, what happened to the long talked about Renters Reform Bill?
The Renters Reform Bill, which we have featured in our Butler Sherborn blogs and newsletters previously, had been making its way through Parliament over the last 18 months and reached Committee stage at the House of Lords. However, with the General Election announcement in May and government dissolving on the 30th May, the bill was not included in the ‘wash up’ of legislation, to be rushed through ahead of the election.
Whilst this may be a welcome postponement for many in the rental sector, we are sure this bill will not disappear altogether, as some media sources may suggest. With widespread support from across the parties for a reform of some description of the private rental sector, we believe the new government will more than likely pick this up again in the future. However, the government will need to start again in putting together the form reform will take, if they move it on in the future.
Vanessa Carter, Head of Butler Sherborn Lettings comments, ‘The bill, as it stood, still required a significant amount of work, with the court system requiring reform before the abolition of the Section 21 Notices’. Given the time taken for the bill to get as far it had, the new government will need to look closely at how they reassess any reform of the lettings industry. I therefore feel it will be quite some time before we see this passed through, if indeed the new government move forward with a reform of the private rental sector.’
For any advice on this matters, or in respect of Lettings, please contact Vanessa Carter on 01993 822325 or vanessa@butlersherborn.co.uk
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Reflections on the Rural Land Market 2024 together with this Summer’s harvest
The Land Market - The volume of farmland for sale in the first half of 2024 was about 30% higher than the same period in 2023. According to industry indexes the average value of arable land is now just under £10,000/ac and just under £8,000/ac for pasture. However the actual prices achieved vary...
Reflections on the Rural Land Market 2024 together with this Summer’s harvest![Sketch](/_vercel/image?url=https:%2F%2Fcdn.sanity.io%2Fimages%2Fjs7r23bq%2Fproduction%2F8f0f83bd258c0a7ff778828b1c689153a5ebcfed-8192x5464.jpg?rect=0,428,8192,4608%26w=608%26h=342%26fit=crop%26auto=format&w=640&q=85)
Stability in the Cotswolds Residential Market ahead of the Autumn Statement
Predicting the strength or otherwise of the residential market is always difficult, and with the variables which affect it finely balanced, the task is challenging.
Stability in the Cotswolds Residential Market ahead of the Autumn Statement![Good Gathers](/_vercel/image?url=https:%2F%2Fcdn.sanity.io%2Fimages%2Fjs7r23bq%2Fproduction%2F0fe153ef0cfe6dec702a1c21f74c182869b46307-8192x5464.jpg?rect=0,428,8192,4608%26w=608%26h=342%26fit=crop%26auto=format&w=640&q=85)
Good Gathers Pop Up Restaurant, The Cornwell Estate, Chipping Norton OX7 5YG
The brilliant and gifted gang of Ross and Ross Events have launched their farm to food experience on The Cornwell Estate. Ross Events are established bespoke caterers, and have been operating in the Cotswolds for over a decade.
Good Gathers Pop Up Restaurant, The Cornwell Estate, Chipping Norton OX7 5YG![Vineyard](/_vercel/image?url=https:%2F%2Fcdn.sanity.io%2Fimages%2Fjs7r23bq%2Fproduction%2F5df6bf85d1d6583f36e3c1e8d35f86502ce23100-929x620.webp?rect=0,49,929,523%26w=608%26h=342%26fit=crop%26auto=format&w=640&q=85)
Dryhill Wines , Cheltenham – Award- winning Fine English Bubbly
Dryhill vineyard is situated on free draining limestone terraces cut by the Romans. It nestles in a fold on the side of the Cotswold escarpment at around 130m above sea level. Dryhill Wines has recently been awarded a Silver medal at an international blind tasting, ranking their English bubbly higher than over 100 Champagne Houses, including Veuve Cliquot!
Dryhill Wines , Cheltenham – Award- winning Fine English Bubbly