A more normal rental market ahead
UK rents are set to grow by 12 per cent over the next five years, according to the property firm Savills, as the market returns to more normal and predictable conditions. The five-year rental forecast expects rental affordability to improve over the five-year period, as income growth remains relatively high and demand eases. “The private […]
The national rental market is under less pressure
New data shows that the rate of increase in private rents has more than halved over the past year, but regional pressures remain in some areas. According to the National Residential Landlords Association (NRLA), tenant demand is currently highest in the North East. The Office for National Statistics (ONS) says average monthly private rents across […]
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 robust early 2026 for build-to-rent
There has been a strong start to the year with UK build-to-rent (BTR) investment volumes in Q1 2026, showing £795 million transacted, according to recent research. Property experts Savills also revealed this is the highest first quarter of investment in the sector since 2022. Laura Skoda, director, London residential investment, Savills Operational Capital Markets, says: “Activity […]
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 new year – and new colours
Whether you are a landlord about to decorate a new rental property or a tenant wishing to spruce up your home with some new cushions or rugs, we thought you’d enjoy hearing about this year’s colour trends. Pantone has announced that its delicious 17-1230 Mocha Mousse is making way for 11-4201 Cloud Dancer, a beautiful, […]
Energy efficiency rule changes are welcomed
Landlords are today welcoming changes to proposed energy efficiency rules for the private rented sector, arguing they make improving the rental housing stock more realistic. Ministers have confirmed their intention to ensure all rented homes that are able should achieve an Energy Efficiency Rating of at least C. Following extensive campaigning by the National Residential […]
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 […]
Winter home fire safety tips for Norfolk residents
As winter gets underway and temperatures are likely to drop, Norfolk Fire and Rescue Service (NFRS) is urging residents to take extra home safety precautions. They are urging people to carry out an online home fire safety check via the fire service’s website, where they can also check their eligibility for an in-person visit. Those […]