Topical issues

Question 1

1. What is the base rate

Answer 1

a. August 2023 Bank of England increased to 5.3%

Question 2

2. What is the current rate of inflation?

Answer 2

a. September – 6.7%

Question 3

3. What is the review of the landlord and tenant 1954 act?

Answer 3

a. The Law Commission commissioned a review
b. Proposed details not issued
c. Looking at ways to modernise existing framework

Question 4

4. MEES update?

Answer 4

a. Prime minister announced proposed changes
b. MEES Regs to EPC Band C for new tenancies by 2024
c. EPC Band C for all tenancies 2028