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Inquiry Launched into Government’s Proposals for the Private Rented Sector

Inquiry Launched into Government’s Proposals for the Private Rented Sector

Despite all eyes being on the current Tory leadership race, the government’s proposals for the Private Rented Sector have not been forgotten. An inquiry has been launched into the Government’s proposals for the Private Rented Sector, as set out in its recent White Paper, A Fairer Private Rented Sector. The ‘Reforming the Private Rented Sector’ …

The Housing Slowdown is Finally In Sight

The Housing Slowdown is Finally In Sight

Latest data shows that UK housing market is slowing down New data shows that the UK housing market has started to slow down after prices hit a record for six months in a row. According to the latest Property Transaction data released by HMRC: Residential transactions in the UK were 96,290 in June This is …

Should I allow tenants to smoke in my properties?

Should I allow tenants to smoke in my properties?

As a general rule, landlords don’t allow tenants to smoke in their properties. But why is this – and should you consider relaxing the rule? Smoking can cause damage to your property, from staining the walls, to lingering smells in soft furnishings and the possibility of burns, not to mention the potential fire risk! Once …

The Pound Plummets: Record Number of Homes Sold to International Buyers

The Pound Plummets: Record Number of Homes Sold to International Buyers

A record number of London homes have been sold to international buyers as the value of the pound drops. A record number of super-rich home buyers purchased luxury properties in London during the first half of 2022. In total, 61 top-end properties in the capital, worth more than £10 million each, were sold between January …

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Post Pandemic Renting: What do renters want?

Post Pandemic Renting: What do renters want?

We all knew the world would change after the pandemic, but has what renters are looking for in a home changed too? Our lives have either changed or been shaped in a variety of ways by Covid – and some changes, which were forced upon us, are here to stay. Times have changed and things …

Burning Britain : What can property owners learn from the heatwave?

Burning Britain : What can property owners learn from the heatwave?

The UK couldn’t stand the heat(wave) this week, with record temperatures recorded across the country. Temperatures went over an unprecedented 40.2 degrees in areas across the UK this month, with temperatures in the high 30s elsewhere during the day… and we don’t suppose it escaped anyone’s notice that it was really very warm at night …

Rental Growth On the Up!

Rental Growth On the Up!

As supply shortages ease, rental growth is on the up Rents across Great Britain rose 8.8% over the last 12 months, according to analysis by letting agency Hamptons. It said the rise showed a slowing of growth from the 11.5% it recorded in May.   The average monthly rent now stands at £1,163, which is up …

Tenants Contents Insurance: Why don’t renters get it?

Tenants Contents Insurance: Why don’t renters get it?

We write a lot about all the rights and responsibilities of landlords, but not everything falls on the owner of a property – tenants’ contents insurance is the responsibility of the renters. While tenants’ contents insurance is the responsibility of the renter, your landlord has some legal responsibilities to ensure the property they are letting …

Average House Price Up to £369,968

Average House Price Up to £369,968

The average house price has risen by 0.4% and is now £369,968 House prices are continuing to rise, hitting a new record for the sixth month in a row. And when combined with the recent rise in interest rates, this is resulting in a 20% hike in mortgage payments, according to Rightmove.  The cost of …

Can the Next PM Fix the Rental Crisis?

Can the Next PM Fix the Rental Crisis?

With the leadership race in full swing, can landlords rely on the next Prime Minister to fix the rental crisis? The call for a fix comes as rents continue to rise and – increasingly – tenants struggle or become unable to pay as the cost-of-living squeezes everything from food prices to energy bills. There is …