The cost of running a home is pushing up inflation in Jersey, according to the latest official data.
The 3.6 per cent increase in the cost of living on the Channel Island is almost double the UK rate of 1.9 per cent over the past 12 months.
The latest Retail Price Index (RPI) for the year to the end of March showed an early indicator measuring that the official...Read more
Jersey tenants and homeowners are happy with their housing despite grumbles over the cost of renting or buying a home on the Channel Island.
A recent petition protest garnered 5,298 signatures calling for rent controls - the biggest response ever to an online petition run by the States.
And many voters have complained about rising house prices that are beyond the rea...Read more
More than five per cent of the population of Jersey has signed an online petition protesting about unfair rents. This is the biggest response to any e-petition on the island.
Lawmakers at the Jersey States heard that 5,298 people agreed with the petition for a cap on rents set at 30 per cent of income.
Jersey politicians are looking at new laws to stop wealthy foreigners from buying homes to rent on the Channel Island.
Chief Minister Senator John Le Fondre revealed a policy change is on the way during a recent debate in The States.
“In terms of what I will call external buy-to-lets, I don’t know if the Council of Ministers is unanimous but I am pretty certain a...Read more
A final surge in signatures calling for the States to consider setting limits on rents has broken the target needed, signalling success for the campaign to debate a rent cap on the island.
The online petition attracted 5,298 signatures in the six months leading up to the closing date on 14th February, becoming the first official online petition to exceed the 5,000 target of signatures required in the region...Read more
mydeposits Jersey’s contract to administer the islands’ tenancy deposit protection scheme has been extended for another two years.
Jersey’s housing minister Sam Mézec signed a ministerial decision to extend the contract after mydeposits Jersey successfully met 100 per cent of the key performance indicators set by the government.
How does deposit protection work?
mydeposits Jersey has operated as the only authorised deposit protection scheme...Read more
Buy to let landlord licensing is on the way for Jersey, a leading public servant has confirmed.
Anne Godfrey, chief executive of the UK’s Chartered Institute for Environmental Health, confirmed her backing for plans to licence landlords which were discussed at a forum for professionals and politicians.
The States intention to go forward with landlord licensing was raised by Jersey’s director of public health, Stewart Petrie.
He told the forum that landlord licensin...Read more
Capping rent increases to match the rising cost of living, and a ban for some islanders buying homes to let out are two of the measures the Jersey government is considering to tackle the lack of housing affordability.
The plans were revealed in response to an online petition demanding a rent cap hitting more than 3,000 signatures - the level needed to trigger a statement.
Housing Minister Sam Mezac posted a...Read more
Jersey buy to let landlords will have to provide homes that meet minimum letting standards when new rules come into force from October 1.
The strict new rules tighten up the buy to let market on the island.
From October 1, landlords must have accreditation for listing on a States approved online database. Any landlords that gain fewer than three stars will be removed from the database.
Minimum letting standards will follow decent home rules in force across the rest of ...Read more
Rent controls are needed to tackle ineffective housing policy in Jersey, a leading politician has claimed.
With wages lagging behind inflation, the spending power of islanders is less than it was a year ago, as the cost of housing continues to outstrip rising prices.
The average pay rise during the past 12 months was 3.5% - but inflation is ahead at 4.5%, stoked by higher fuel prices and increasing housing costs.
For islanders housing costs have increased by 6% since J...Read more
