Merry Christmas!
A very Merry Christmas to you all from all of us here at Norfolk Property Management and Lettings! We hope that 2025 has brought you everything you hoped it would and that 2026 is even better still. In the world of rental properties and lettings, the past 12 months have certainly seen ups, downs and […]
Rental market experts hit out at Autumn Budget
Key voices from the residential property rental market have responded largely negatively to the Chancellor of the Exchequer’s 2025 Autumn Budget that took place earlier this week. Ben Beadle, chief executive of the National Residential Landlords Association (NRLA), said The Budget will hit low-income renters hardest as they face a combination of rent increases and […]
Rental market stabilises
The total number of homes available to rent continues to edge closer to pre-pandemic levels, however the pace of new rental properties coming onto the market has slowed: The number of available homes to rent is now 9% higher than this time last year. Though this figure is still 23% below this time in 2019, […]
Landlords are remortgaging for property improvement
Industry figures covering the first half of the year reveal a steep annual increase in the amount of extra buy-to-let borrowing used for improving properties. Industry figures on the purpose for new buy-to-let remortgages show that the first half of 2024 saw equity valued at £712 million used for property improvement in 4,632 remortgage cases. […]
The benefits of smart meters in rental properties
Energy experts at comparison website Uswitch have outlined the benefits of smart meters in rental properties. According to the company’s research, over three-quarters (84 per cent) of private renters would find it useful to have a smart meter installed to stay on top of their energy usage. Smart meters provide accurate bills, tools to monitor energy usage, […]
Easing of pressures in the rental market
According to the property listings platforms Zoopla and Rightmove, there are now signs of a slight uptick in the supply of rental housing. However, the National Residential Landlords Association (NRLA) is warning that recovery in the rental market remains fragile, with the demand for rental housing still outstripping supply. Data from the research consultancy Pegasus […]
An alliance to boost build-to-rent
Two major organisations have come together to form an alliance in the hope of improving the outlook for build-to-rent homes. The Build to Rent Alliance has been created at a time when the latest figures show build-to-rent (BtR) delivery slowing across every region of the UK. As well as uniting the two major sector representative […]
Energy efficiency proposals are unrealistic
Government plans to improve the energy efficiency of private rented housing are unachievable, according to the National Residential Landlords Association (NRLA). The body representing private sector landlords has warned that current proposals are unrealistic. Government proposals currently under consideration could result in private landlords having less than two years to upgrade 2.5 million private rented […]
Smaller homes must be included in key student housing exemption
The National Residential Landlord Association (NRLA) has warned that government plans to restrict a key student housing exemption to larger Houses in Multiple Occupation (HMOs) risk undermining supply and disrupting the annual student rental cycle. This follows comments made by the House of Lords Housing Minister, Baroness Taylor of Stevenage, during committee stage of the […]
A bottleneck in starting build-to-rent developments
The number of new starts in build-to-rent (BtR) developments has fallen behind – and for the fifth quarter in a row, completions have outstripped breaking ground on new sites. The latest analysis from the British Property Federation (BPF) and Savills does show continued strength in BtR completions, however, with more than 17,000 homes finished between […]
