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According to Shawbrook Bank’s latest report, Confronting the EPC Challenge*, close to a quarter of landlords surveyed say that their properties have an Energy Performance Certificate (EPC) rating of D or below.
Features often overlooked now, such as double glazing and insulation, are likely to become high up on buyers’ wish lists as the new energy price cap increases in April.
There’s been a huge rise in the amount of money contributed to the housing market by first time buyers.
Average asking prices in Britain have risen by 53 per cent over the past 10 years according to Rightmove.
At the beginning of 2021 the (then) housing secretary, Robert Jenrick, announced big plans to reform the legislation regarding Ground Rent across the entire industry without exceptions.
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Propertymark is advising agents to prepare for substantial changes to the Right To Rent process arriving in just two months time.
Many people - including agents, landlords and tenants - are unprepared for the domestic heating revolution on its way to Britain.
It’s now been made clear that there will be a detailed White Paper in the spring explaining radical changes to the private rental sector.
The rental market continues to boom despite the growing cost of living crisis, with average rents rising at a 13 year high says Zoopla.
Britain's first-time buyers were out in force during 2021, with almost 400,000 entering the market and snapping up £86.1bn worth of property market value - a rise of £27.3bn in a single year.