Monthly rent is now often cheaper than mortgage payments
New analysis has revealed that the average advertised rent in Great Britain is now cheaper than a typical new mortgage payment for the first time since June 2025. According to property portal Rightmove, the average advertised monthly rent across Great Britain is now £1,547 – this is £123 lower than the average new monthly mortgage […]
A code of practice for build-to-rent
The Build to Rent Alliance has announced a new code of practice for the sector. The organisation, formed last year between the Association for Rental Living (ARL) and Real Estate:UK (RE:UK) says the aim is to provide communities with a clear, verifiable standard of accommodation, amenity provision and lifestyle experience significantly above the statutory minimum. […]
A new neighbourhood for Norwich
Carrow Works, the former Colman’s Mustard and Robinsons squash factory site in Norwich, is to be turned into a new housing quarter. Carrow Works is a 17-hectare site with distinctive heritage and proximity to the city centre and riverside and is hoped to become a high-quality, thriving neighbourhood. Homes England, which acquired the site, will work closely with Norwich City Council […]
Fairness, transparency and better outcomes for leaseholders and landlords
New professional standard aims to raise transparency, improve practice and support better outcomes for landlords, leaseholders and managing agents. The Royal Institution of Chartered Surveyors (RICS) has published a new edition of its service charge residential management code. The fourth edition sets out an updated framework for the management of residential property in England where […]
New guidance for student housing market is welcomed
New guidance published by the government today will prevent chaos in the student housing market when the Renters’ Rights Act is implemented from May 1. This is the view of the National Residential Landlords Association (NRLA), one of the organisations that has been campaigning hard on the issue. The Renters’ Rights Act introduces a new […]
A more settled and balanced rental market ahead
There are some positive indicators for the future supply of rental homes, including much greater availability of homes as the year progresses. According to property portal Rightmove, the total number of available homes to rent is currently nine per cent higher than last year. However, looking longer term, the number of available rental properties has […]
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, […]
Prepare for change at the National Landlord Investment Show
The National Landlord Investment Show returns next week at Old Billingsgate, London. Connecting thousands of landlords, investors and property professionals for a full day of networking, expert insights, and education, it takes place on Wednesday, October 29. The UK’s largest property exhibition, the show – which is free to enter – offers a packed agenda of over […]