THE RISE OF HOUSE PRICES AND THE IMPACT OF THE CORONOVIRUS
House prices rose at the fastest pace in the last three months up to February 2020.
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House prices rose at the fastest pace in the last three months up to February 2020.
Renting out your home is probably one of the smartest financial decisions you will ever make. No matter the status of the housing market, there will always be a demand for rental properties.
House prices are still rising with high demand and low supply, and it’s unclear if the market is expected to slow down.
Any property being sold, let, or constructed will need an EPC, as per the Energy Performance of Building Regulations 2012. EPCs are produced by qualified energy assessors and based on reduced data standard assessment procedure (RdSAP).
Maximise your properties true value and potential.
How to make your home increase in value and sell swiftly. Having your property prepared and ready for viewings is so crucial to ensure your home will be sold swiftly and increase your home’s value.
Since 2020, legal requirements for electrical safety in private rented properties have been in place to safeguard tenants from electrical hazards.This means that in order for any property to be rented, it must have a valid Electrical Installation Condition Report (EICR)
Peterborough has a high demand for rental and rent prices continues to increase, this means it is a very popular location for buy to rent investors.
As of March 2023, the average price of properties entering the market has only increased by 0.2% (+£890), which is lower than the usual average of 1.2% for this time of year.
The Renters ‘Reform’ Bill has been introduced in Parliament on 17th May 2023, bringing changes to the rental market. This new law is designed to make things easier, safer and fairer for people who rent their homes. It outlines plans to terminate section 21 and for periodic tenancies to become standard.
