Lettings & Property Management

Everyone should be doing their bit to help reduce the UK’s carbon footprint on the globe – yet the question is, is that burden being put too much on the shoulders of Norwich landlords with potential bills of £7,600+ in the next four years?

House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Norwich homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost a decade. The jump in prices (inflation), pushed mainly by increasing fuel and energy costs, places further pressure on...

The Government’s scheduled publication of their White Paper for the Renter's Reform Bill, which incorporates proposals to forbid Section 21 evictions and introduce ‘Lifetime Deposits’, has been suspended until 2022. The additional time is required to give a chance to create a level playing field to reforms for both landlords and tenants in the private rented sector in England. In this article, I...

In recent articles on the Norwich property market, I have been talking a lot about house prices over the last 12 months and 5 years in Norwich. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices. However, as 2 in 3 (65.1%) of Norwich home sellers are also home buyers, the price is almost irrelevant. Let me explain. If your...

Each month we bring you the latest news on landlords and tenancy with a quick round-up all in one place.   10 Dos and don’ts for student landlords NRLA (6 min read) The National Residential Landlords Association has launched a new series aimed at student landlords. From furnishing your property to licensing and retainers, check out the list for some useful dos and don’ts. Full story...

With grocery, energy, and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head. Yet nothing could be further from the truth for many Norwich homeowners and Norwich landlords. Because inflation over the long-term is bad for the economy, the normal weapon of choice to...

The ‘Buy-To-Let’ (BTL) mortgage is celebrating its Silver Anniversary (25 years) this autumn. Isn’t it fascinating that a decision between a group of letting agents and bankers all that time ago to offer BTL mortgages has changed the face of the Norwich (and national) property market? But has it been a good thing? Or has it ruined the dreams of many 20 somethings wanting to get on to the property...

The stamp duty holiday is over, the furlough finished at the end of September, unemployment is due to rise and inflation is rife … is this the end of the post lockdown Norwich property boom? Surely, we are heading for house price correction? Forecasting what will happen in the Norwich property market this autumn may not be as simple as it first appears. It’s true the Norwich property market is...

We recently caught up with Greg Marcham, Managing Director of Yellow Brick Mortgages to talk about the current mortgage market for existing and aspiring homeowners. Yellow Brick Mortgages are our preferred mortgage broker. They enjoy a 5 out of 5 rating on Trustpilot based on 1700+ reviews so, they come highly recommended.   https://youtu.be/O75mtuPcigs   Interest rates are low! Interest...

Each month we bring you the latest news on key landlord and tenancy policy and legislation with a quick round-up all in one place.   Dozens of amendments to the Building Safety Bill to be debated by MPs Housing Today (5 min read) The Building Safety Bill is a significant piece of new legislation that’s been making its way through parliament, this month. Fire safety for high-rise buildings...