The lettings market in 2023 was extraordinary. When it analysed its figures, Rightmove found there had been an average of 20 individual enquiries for every rental property available. For context, only six tenants were chasing each rental in 2019.
Are you sitting comfortably? There’s lots to digest! Property announcements happened from the very start to the very end of November, affecting buyers, sellers, tenants and landlords. First, let’s set the scene with prices.
Pink isn’t going anywhere, with an updated version of the colour recently announced as the Dulux Colour of the Year 2024. Thankfully, Sweet Embrace™ is a very pale, muted pink that does not bring Barbie to mind.
Tenant safety should never be far from a landlord’s mind. In light of a new set of best practice guidelines being issued by Electrical Safety First, we take a broader look at electrical safety in privately rented properties. Here are six things landlords should know:
You may have seen King Charles III officially opening the new session of Parliament in early November. During the pomp and ceremony, the King read out the Government’s main intentions for the 12 months ahead.
Propertymark’s latest report gathered responses from approximately 100 sales and 100 lettings agents 1st and 14th October 2023 for a great snapshot of the market. It found there were an average of 60 prospective buyers registered per branch, illustrating that there’s an appetite to move.
The second reading of the Renters’ Reform Bill in October took many landlords by surprise, with an unexpected announcement regarding Section 21 eviction notices – the method used by landlords to regain their property without having to have a specific reason. We have poured over the details and have provided answers to your most common questions.
When Rightmove decided to compile a list of the top 10 most in-demand features among buyers, it looked at more than 600,000 property listings to establish which aspects led to the highest number of enquiries. Forget a garden or being near a station (they languished at the bottom of the list), the most in-demand feature among purchasers is a renovation project – a home classed as a fixer-upper in need of work.
What are today’s tenants looking for when they search available rental properties? This was the question Rightmove set out to answer when it examined more than 600,000 property listings. The portal tallied the number of enquiries a listing generated in relation to the property features that were mentioned in the description.
September was packed full of property information. There was news from all the big hitters, including the Prime Minister, major banks and the big portals. Here are the facts and stats shaping the current market.
Keeping up with the latest property and mortgage news can feel like a full-time job, and that’s why our team does the reading and research for you. Something homeowners may have missed is the launch of the Mortgage Charter. It got a very brief mention in the press, so we’ve provided some more details in the shape of this Q&A article.
We had to check the date wasn’t 1st April but this autumn, a quite unbelievable collaboration was announced. Paint specialist Lick has teamed up with food manufacturer Heinz to launch a very special product.
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