Rishi Sunak has officially confirmed the growing speculations regarding the government’s intention to ease certain critical green policies, specifically the proposed minimum Energy Performance Certificate (EPC) standards for rental properties. These standards were expected to impose significant costs on landlords. In his address, Sunak pointed out the substantial expenses associated…
Read MoreThe Monetary Policy Committee of the Bank of England has voted narrowly, with a 5-4 split decision, to maintain the Bank Rate at its current level of 5.25%. This decision comes after a staggering 14 consecutive rate increases aimed at curbing inflation. The financial industry had been in a state…
Read MoreUxbridge is a town in the London Borough of Hillingdon, England. It offers a mix of historical landmarks, green spaces, and modern amenities. Some of the notable attractions in and around Uxbridge and Ickenham include: 1. Battle of Britain Bunker: A historical site and museum that showcases the role of…
Read MoreThe latest data from Rightmove reveals that average asking rents for new tenants outside of London have reached an all-time high at £1,231 per calendar month. This figure represents a remarkable 33% increase compared to pre-pandemic levels in 2019, with an increment of over £300 from £923 pcm. By contrast,…
Read MoreAccording to the latest market analysis by Rightmove, the average price of properties entering the market this month has decreased to £371,907, representing a slight 0.2% dip below the usual 0% trend for this time of year. Despite this decline, price trends have displayed resilience and have exceeded expectations during…
Read MoreEach year, prospective property investors and existing landlords contemplate whether it’s the opportune moment to expand their portfolio or enter the market. With the deceleration of annual price growth since the summer of 2022, many wonder if 2023 will present favourable conditions for investment. Depending on your property investment goals,…
Read MoreDuring the traditionally busy summer months, rental values continue to experience annual growth, indicating a sustained upward trend without any immediate signs of slowing down. In recent years, there has been a consistent departure of landlords from the sector, as noted by Zoopla. However, this trend has been ongoing since…
Read MoreA significant portion of buy-to-let landlords, around 40%, have expressed their intentions to expand their property portfolios within the next year, according to a study conducted by Landbay. The driving force behind this growing trend appears to be the high levels of tenant demand in the market. The research reveals…
Read MoreIn May, six out of the eight regions monitored by Goodlord experienced an increase in rental prices. The average cost of rent per property in England rose to £1,111, up from £1,103 in April, representing a 1% increase. This marks the fifth consecutive month of rising rents, reaching the highest…
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