PRS – What for 2022?
PRS – What for 2022? The last few months of 2021 saw a huge array of articles pretty much predicting the end of the current PRS (Private Rental Sector) boom, due in the main to Government interference and an ever increasing number of increasingly complex regulations for landlords and agents to fully understand. Many…
Energy Efficiency and EPC`s – the Final Straw that Broke the Landlord`s Back
Energy Efficiency and EPC`s – the Final Straw that Broke the Landlord`s Back Over half (52%) of landlords are considering selling properties due to the impending Energy Performance Certificate (EPC) changes that will force them to upgrade their homes, according to a recent Mortgage Works (TMW) Report. The government plans to increase the…
New Smoke Alarm and Carbon Monoxide Regulations
New Smoke Alarm and Carbon Monoxide Regulations Following a consultation on the government’s proposals to extend regulations on domestic smoke and carbon monoxide alarms in both social and private rented accommodation, the government has now confirmed its plans to amend the Smoke and Carbon Monoxide Alarm (England) Regulations 2015. The new regulations will…
Home Electric Charging Points
The UK Government announced recently that all new build housing are to have electric vehicle charging points installed from 2022. Whilst this is only a small percentage of the housing stock, it is a step in the right direction and the PRS should welcome the news, particularly since many parts of England are lacking…
Recent Examples of Property Mediation
Recent Examples of Property Mediation These three examples from the PRS Mediation Service, show how useful and helpful, engaging in mediation can be for both parties. Many landlord and tenant disputes start from a lack of communication, and if these can be nipped in the bud early on before both sides become entrenched in…
Two of Tenants` Biggest Worries
Two of Tenants` Biggest Worries House prices are a major worry for tenants as many fear they will never be able to get their feet on the housing ladder. The average listing price is now a staggering £388,400 which has shown an increase of 6.7% since the beginning of 2021. Affordability in the…
Autumn Maintenance Checklist (Inside)
Autumn Maintenance Checklist (Inside) If not already done, now is the time to organise, in these two articles we`ll firstly look inside and then outside the property. Internally you need to make sure: The heating system has been checked ensuring it works properly; witness there is an in date valid gas certificate in…
Insider South West Property Awards 2020
Congratulations to Burrington Estates for winning Housebuilder of the Year at the Insider Residential Property Awards 2020! The award was presented by our own Phil Keddie, President of ARLA Propertymark. A big well done to all the finalists and winners, and thank you to everyone involved in creating this fantastic celebration of our industry and it’s accomplished…
TENANTS COULD LOSE OUT ON HALF A MILLION PROPERTIES AS LANDLORDS EXIT THE MARKET TO OFFER SHORT-TERM LETS
Nearly 50,000 properties already unavailable for long-term tenants Two-fifths switching from long-term to short-term lets due to burdensome legislation ARLA Propertymark launches a report analysing the scale of the short-term lets sector and outlining recommendations to limit its impact on the private rented sector Nearly half a million properties could be left unavailable for residents…
What a week!
Last week – what a week! A full 5 days away, delivering 3 ARLA Propertymark presentations to well attended and engaged meetings in South London and the South East. On the 21st I was at Hotel du Vin Wimbledon. Exquisite venue on the Common and some excellent speakers on AML (Anti-Money Laundering), Neil Martin on branding and Robert…
Section 21 Abolition in Queens Speech
David Cox, Chief Executive, ARLA Propertymark comments on the announcement confirming the abolition of Section 21 in today’s Queens speech: “In the absence of any meaningful plan to boost the level of social housing in this country, the announcement confirming the abolition of Section 21 in today’s Queens speech is another attack against the landlords…
HOUSING MARKET SLOWS AS RENT COSTS HIT RECORD HIGH
NAEA Propertymark and ARLA Propertymark provide analysis of their 2019 sales and lettings data1 As we near the end of 2019, Propertymark has analysed its sales and lettings data to reveal trends from the year. NAEA Propertymark’s overview of the housing market: Over the course of 2019, demand was slightly higher than last year…