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Average tenancy lengths are rising. The average stay in a rented property is now 4.3 years. This is up from 4.1 years detailed in the 2017/18 EHS, and up from 3.9 years in the 2016/17 version of the report.
After staying the same for the last three years, the Bank of England decided to use its December 2021 meeting to start raising the interest rate from its record low of 0.10%. The widely predicted move comes as inflation continues to rise – something monetary policy makers hope to stop.
If you’re a first-time buyer, putting down a deposit is part and parcel of purchasing your first home. We all know the bigger the deposit the better but how can buying novices save effectively in 2022?
Tenant wellbeing should be at the top of every landlord’s compliance list and there’s a new gas safety regulation to understand and implement this winter. The change has prompted a number of questions from landlords, which our lettings team have answered.
With sellers set to enjoy multiple viewings and offers on their properties, being a ‘power buyer’ in 2022 will be crucial. This means presenting yourself as the stand-out, most bank-able purchaser…
Many landlords will not think of the queue as being populated by over 55s keen to live the rental lifestyle but analysis conducted over the past two years reveals there is a growing number of affluent, able and active mature tenants.
Preparing our properties for inclement weather is more important than ever this year, with many of us mindful about the amount of gas we are using and how low the temperature may drop, thanks to climate change.
When looking at houses and flats for sale, today’s buyers are craving good storage and they’re willing to pay extra for the privilege. Of those questioned, 84% said adequate storage space was a must when looking for a new home.
Unless you’ve been living under a stone for the last month, you’ll know green issues are the number one topic of conversation. While world leaders have debated coal mining and deforestation, there are a number of take-aways from recent weeks for landlords and tenants.
Prime Minister Boris Johnson unveiled more details of his Net Zero green agenda in October, with a focus on the future of domestic heating. Responding to the statistic that residential property is currently responsible for 16% of the UK’s total carbon emissions, gas boilers will eventually be replaced with greener ways of heating our homes.
Rather than batten down the hatches, take a leaf out of the Swede’s book and embrace fika. It’s the latest Scandinavian trend that celebrates all things cosy and warm, coming hot on the heels of Danish hygge and Dutch gezellig.
If you’re thinking of selling, the smallest room in your home can have the biggest impact on potential buyers – and it can lead to higher offers and increased desirability.
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