More significant incentives are needed to help landlords make green improvements
Both landlords and homeowners need better incentives to help them with the cost of making green improvements, according to a recent report. Property portal Rightmove’s annual Greener Homes report reveals 60 per cent of its homes for sale and 50 per cent of those to rent have an EPC rating of D or below. New […]
Completed Build-to-Rent Homes up 13 per cent
The number of completed build-to-rent homes in the UK has increased by 13 per cent in the past year to 88,100 units, despite market conditions slowing development activity. New analysis by the British Property Federation (BPF) shows the total number of build-to-rent homes completed, under construction or in the planning pipeline stands at 253,402. The […]
Landlords invest in higher EPC-rated homes
A greater proportion of properties entering the rental market that were previously for sale have an EPC rating of C or higher, according to a recent survey. The study by Rightmove reveals landlords are investing in higher EPC-rated homes to get ahead of potential legislation changes. The latest government plans suggest that all rental properties […]
Is the property market still stabilising?
Buyers and sellers are back doing business but the outlook for the housing market still hangs in the balance, according to property portal Zoopla. The company’s house price index looks at the latest housing trends in May 2023 and highlights why recent inflation figures might put a brake on market activity. It suggests UK house […]
Bring in the greens of summer – refresh your colour scheme this season
First it was grey, then it was blue, and then viva magenta was all the rage. Now with summer well and truly on the horizon, the cool greens of summer have arrived. Those considering updating their rental homes with a touch of green here and there could find the refreshing colour is just the right […]
Rising energy costs challenge serviced apartment operators
Concerns around energy costs are considered to be one of the biggest challengs for those running serviced apartments businesses, according to a recent survey. The survey by Savills and the Association of Serviced Apartment Providers (ASAP) finds that over three quarters (77 per cent) of operators listed rising energy costs as the biggest challenge for […]
Demand for purpose-built student accommodation returns
The purpose-built student accommodation (PBSA) sector has bounced back from a pandemic induced decline, according to recent reserach. Property developer Stripe Property Group estimates the market size to be almost £4bn and suggests this will climb to £4.5bn by 2025. The PBSA specialist analysed the latest figures on the size of the sector, which supplies stock […]
Reasons why landlords should use a local letting agent
Many landlords choose to manage their own properties but others opt to work through a letting agent. At Norfolk Property Management and Lettings, we have developed strong relationships with our landlords over the decades and these are the reasons they give us for working with us: Flexibility We create bespoke packages for our landlords, taking […]
A New How to Rent Guide
The government is today issuing a new version of the online How to Rent Guide. Landlords and agents are obliged to provide the latest version of this guide to tenants at the start of any new tenancy or at the point of any tenancy renewal (for a statutory periodic tenancy). The new guide has been […]
Economic uncertainty is taking toll on UK mortgage holders
More than half of UK mortgage holders are struggling with their mental health as the cost of living crisis hits home, according to recent research. According to a new survey of 2,000 UK homeowners who pay a mortgage, the ongoing cost of living crisis is affecting the mental health of 56 per cent of mortgage holders. The […]