More good quality rental homes are needed

50,000 rental properties are needed to bring supply back to pre-pandemic levels, according to property portal Rightmove. Investment from new landlords should be encouraged, says the company’s director of property science Tim Bannister The call comes as the average number of enquiries for each rental home is now 13, down from 19 at this time […]

Private rented sector essential to jobs across the UK

A new report has revealed small and medium landlords in the private rented sector (PRS) support over 390,000 jobs, both directly and in the wider economy. The research, by the National Residential Landlords Association and Paragon, produced by PwC, also shows how the PRS in England and Wales makes a gross value added (GVA) contribution of […]

High streets and town centres need revitalising

More action needs to be taken to help breathe life back into town centres and high streets, according to the British Property Federation (BPF). The organisation has called for business rates to be capped at 35 per cent of rental levels to save businesses billions of pounds per year in tax and help revitalise shopping […]

Landlords consider energy efficiency when investing in property

A quarter of landlords are prioritising energy efficiency when it comes to adding a property to their investment portfolio, according to recent research. The revelation from the Mortgage Lender comes despite the government’s rollback on energy efficiency targets for buy-to-let (BTL) properties last year, which meant landlords would not get fined if they failed to […]

Landlords are vital to the local economy

Landlords are important contributors to local economies, according to research from specialist lender Aldermore. According to the bank, which provides financial services to small and medium-sized businesses and personal customers, they generate wealth for the areas close to their properties in different ways. According to the research, almost eight out of 10 landlords choose to […]

A system that is fair and workable for tenants and responsible landlords is needed

The National Residential Landlords Association is calling for balance and clarity following claims of potential amendments to the Renters (Reform) Bill. The calls follow the publication of a BBC News report claiming that the government has circulated draft proposed amendments to backbench MPs. The report claims that draft amendments to the Bill – which was published in […]

Planning for build-to-rent sites is still slow

New analysis has revealed that 40 per cent of build-to-rent (BtR) sites take at least a year to achieve planning consent, representing a rise of seven per cent from a decade ago. According to new analysis from the British Property Federation (BPF) planning times have become longer because of the application process. Despite this challenge, […]

2024: A new year and new colours

Those considering refreshing their home interiors this year might be interested to know the new shades for 2024 are warm, soft and easy on the eye. The Pantone Color of the Year is Peach Fuzz (PANTONE 13-1023), a light apricot shade which could work well against cream and ivory backdrops. Pepper it in through cushions, […]

Landlords, would you like to have your say?

It has been another year of ups and downs for the property lettings market, but now landlords, tenants, agents and others involved are being invited to have their say. HM Treasury has opened its representations portal and invited anyone who would like their views to be considered to submit their ideas for the next budget […]

Happy Christmas!

A very happy Christmas and a big thank you to all our landlords, tenants, partners and those who are considering joining us in 2024! It has been a busy year for us at Norfolk Property Management and Lettings – and a year with many ups and downs for all those involved in property rentals. Times are not […]