Almost 230,000 New Private Rented Homes are Needed Every Year
The UK needs almost 230,000 new private rented homes a year to meet government housing targets, according to a new report. The report, by economics consultancy Capital Economics and commissioned by the National Residential Landlords Association, says government targets amount to a need for 340,000 new homes a year by the middle of the decade. […]
Seven steps to getting your garden ready for spring
The winter weather may not yet be quite behind us but now is the time to get your hands dirty and to start thinking about your spring garden. Bulbs are already beginning to erupt, and we are just starting to see the first signs of blossom on the trees, but there is work to be […]
Huge growth in buy-to-let sector
The country’s buy-to-let industry has grown substantially in value over the last five years, according to recent research by Octane Capital. The property finance company says the sector has increased by almost £240 billion, due to strong house price growth. Their research estimates there are 5.5 million private rental properties within the UK rental sector […]
Commercial landlords rise to the challenge
Commercial landlords are seeking new ways to attract tenants to meet the change in demand caused by the pandemic. This includes looking at shorter tenancies, letting options that give tenants a degree of flexibility and improving facilities within buildings. More than three fifths of the UK’s commercial landlords are struggling to attract tenants to traditional […]
New rules for owners of second homes
Changes have been announced that are set to target homeowners who leave properties empty rather than letting them out. Currently, owners of second homes in England are able to avoid paying council tax and can access small business rates relief by simply declaring an intention to let the property out to holidaymakers. This has led […]
Important cladding announcement
The government has recently reset its approach to building safety with a plan to protect leaseholders and make wealthy developers and companies pay to fix the cladding crisis. Secretary of State for Levelling Up Michael Gove has announced that no leaseholder living in their own flat should have to pay a penny to fix unsafe […]
Merry Christmas and a Happy New Year!
As another very unusual year draws to a close, we would like to wish all our landlords and tenants, their families and friends, and everyone we have worked with a very Happy Christmas! The pandemic has resulted in a great deal of change for those working in the lettings industry and the past 12 months […]
New Guide to Preventing Property Title Fraud
A new guide to help property owners avoid property title fraud, where ownership can be stolen, has been released. The Fraud Advisory Panel, HM Land Registry and the Law Society of England and Wales say property title fraud can have a devastating impact and, though rare, can lead to people losing their homes. The scam […]
Supply of rental homes not meeting rising demand
New landlords considering letting properties next year will find strong demand for properties as supply is predicted to continue to remain low in 2022. Experts are predicting a continued drought of homes for rent and sale over the coming 12 months, according to the latest survey from the RICS (Royal Institution of Chartered Surveyors) UK […]
Top tips to letting your property in 2022
Landlords and would-be landlords who are thinking about letting out properties next year may already be considering the best ways of preparing to do so. Here are our top tips: Choose a reputable agent There are many benefits to using an agent to help you let and manage your property. Norfolk Property Management & Lettings […]