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A national awareness campaign is required to help landlords get to grip with new Energy Performance Certificate (EPC) legislation, according to a new report. The report, titled Communicating new EPC rules to landlords and tenants, is the 12th and final instalment in a series funded by the TDS Charitable Foundation, designed to raise standards and […]
The post Landlord education required on EPC legislation, says new report appeared first on PropertyWire.
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The Renting Homes Wales Act which is now in forces is causing confusion for landlords and letting agents as it does not outline a fees structure, it is claimed. The Act, which came into force on 01 September was given Royal Assent in May of this year, giving the Welsh Government just under four months […]
The post Confusion over tenant fees legislation in Wales appeared first on PropertyWire.
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The National Federation of Builders (NFB), which represents the broadest range of building and contracting businesses across England and Wales, is questioning the newly proposed licensing scheme targeted at tackling shoddy building work or poor business practice. The construction sector is one of the highest regulated sectors, not only through contractual obligations scrutinised by its […]
The post NFB questions the newly proposed licensing scheme appeared first on PropertyWire.
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Home owners in London pay the highest price premium to live near a station, but tram/rail links also attractive to home buyers in Manchester, less so in Glasgow, according to new research. There is a £42,900 premium in London for property 500 metres from the nearest station, compared with a similar property 1.5 kilometres away, […]
The post Study looks at price premiums near stations in London, Manchester and Glasgow appeared first on PropertyWire.
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There are signs of the property market picking up in England and Wales, and in parts of London, according to the latest real estate market analysis. Average prices for July in England and Wales, excluding new build, reached £263,145, up 2.2% month on month, according to the report from London Central Portfolio (LCP), but annual […]
The post Property markets in England and Wales, including London, showing signs of picking up appeared first on PropertyWire.
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While house prices are expected to increase once the Brexit uncertainty has lifted and a deal has been agreed, a no-deal could see house prices fall by around 6% in 2020, according to a new analysis. Indeed, a drop of 10% to 20% is not out of the question if the market reacts stronger than […]
The post No Deal Brexit likely to hit prices hard, with drop of up to 20% possible appeared first on PropertyWire.
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One in six people believe that they will definitely be over 65 by the time they repay their mortgage, and another 9% have no idea when it’s going to be paid off, new research has found. However, younger people are more optimistic with 80% of 16 to 34 year olds expecting to pay it off […]
The post One in six will still be paying their mortgage after age of 65 appeared first on PropertyWire.
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Parents can end up paying a price premium of £180,000 to live near an outstanding rated state secondary school in England, a new study suggests. Less than a quarter of top state schools are in areas with house prices under the national average, according to the research from online mortgage broker Trussle. It found that […]
The post Price premium to live near top state school in England is over £180,000 appeared first on PropertyWire.
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The Local Government Association is urging Chancellor Sajid Javid to relax the financial restrictions governing Right to Buy (RTB) and allowing councils in England to keep all the receipts they get from selling council homes. Currently local authorities can only retain a third of the money with the rest going to the Treasury. It is […]
The post Call for change so councils can build more homes appeared first on PropertyWire.
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Plans by the Labour Party which could see landlords in the private rented sector having to sell their properties to sitting tenants have been heavily criticised by the industry. Shadow Chancellor John McDonnell has described a radical scheme giving tenants the right to buy if the party gains power at the next general election. He […]
The post Landlord groups hit out at plan from Labour Party to allow tenants to buy appeared first on PropertyWire.
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