What is ‘Breathing Space’? Breathing Space is the informal name for the Debt Respite Scheme, which was introduced by the government in England and Wales during the pandemic when many people found themselves suddenly in tough financial situations and unable to keep up with rent, mortgage payments or bills. The scheme gives people a minimum …
Are private property rentals really of a higher standard than social housing? The quality of social housing and renting a house in the Private Rented Sector (PRS) has been in the news over the last few months, after Prince Charles delivered the Queen’s speech in parliament in May and revealed plans to overhaul the government’s …
Timing is so important when you’re a landlord, especially when it comes to getting work done on your property without disturbing your tenant. As a landlord, as well as the safety of your property, you also need to consider comfort, which means there are lots of updates you could do to your property over the …
So, is now the right time to invest in property, or should you wait for prices to fall? According to Rightmove, the average asking price is up 0.4% to £369,968. In London, the average has risen to £692,828. Yet property expert Tim Bannister says that while the market remains ‘hot’ right now, it is ‘moving …
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Six smart energy hacks for landlords Tenants are putting energy efficiency at the top of their must-haves thanks to steep energy price hikes. And, with EPC rating standards due to toughen up in 2025 landlords are under pressure to brush up on their properties’ energy efficiency. Recent evidence suggests at least half of UK tenants …
Competition is fierce in the rental market at the moment, but should landlords be putting the rent up? The cost-of-living is rising rapidly: Energy prices. The energy price cap went up in April 2022 and is due to go up again in October 2022 and January 2023. The government has organised a £400 grant for …
The energy price crisis is far from over and is going to hit us all, so how can we prepare? Bills are set to rise again in October 2022 and January 2023 against the backdrop of the cost-of-living-crisis, our bank balances are really feeling the sting. But these seven actions could help you save a …
Thanks to Covid, millions of us began working from home in March 2020 – but has this affected an otherwise happy home life? Almost overnight homes had to adapt to become workspaces, and partners and housemates became co-workers. The hourly commute was swapped for a few seconds’ walk to the home desk; train fare and …
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’ …
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 …
