Each month we bring you the latest news on landlords and tenancy with a quick round-up all in one place.
5 Ways to Drive Revenue for Student-Let Landlords
Goodlord (1 min read)
New research has shown that yields can be as much as 18% higher for student lets than for the private rented sector. Here are 5 top tips to help make student lets profitable.
Full story > https://bit.ly/347UbuZ
Energy Efficiency and Your Home
Jamieson Property Search (6 min read)
In this article, property experts offer a few different ways to make a property more energy efficient by using alternative heating methods and energy-efficient materials.
Full story > https://bit.ly/349FM1H
Top 10 Rental Trend Predictions for 2022
Landlordnews (3 min read)
Here’s a quick rundown of 10 predictions for the year ahead.
Full story > https://bit.ly/3HcswHW
Latest ONS Data Reports 10% Average House Price Increase
The Negotiator (3 min read)
The average UK house price was £271,000 in November 2021, which is £25,000 (10%) higher than this time last year. With the latest data from HM Land Registry, this article explores the current state of house prices in all nations of the UK. With commentary from three industry experts.
Full story > https://bit.ly/3H0mxpT
Industry Analyst Questions ‘Viability’ of Online Agency Model as Market Share Falls
Property Industry Eye (2 min read)
Property consultants TwentyCi report that hybrid and online agent market share dropped to 6.7% in 2021. Apparently, three main players dominate the market but whilst other sectors have seen a big shift to online, due to the effects of the pandemic, this hasn’t been the case in estate agencies.
Full story > https://bit.ly/3G3F2s2
Revealed: Britain’s Most and Least Affordable Areas
Property Industry Eye (4 min read)
No prizes for guessing what the least affordable area of Britain is for a property. This article looks at the national picture with particular attention to the county’s in each region and the biggest movers up or down according to the latest data from Nationwide.
Full story > https://bit.ly/3qUUrqm
Crackdown on Second Home and Holiday Let Tax
This is Money (8 min read)
Michael Gove continues to make his mark on the housing sector, this time on owners of second homes who declare them to be property lets for tax purposes. ‘Some 97 percent of the 65,000 holiday let properties in England have rateable values of under £12,000, which means they qualify for small business rates relief and pay no rates at all.’ New rules will require property owners to prove their property was available to let and was actually rented out for a minimum number of days.
Full story > https://bit.ly/340AqWl
Mortgage Heaven – Biggest Buy-To-Let Product Choice Since 2017
Landlord Today (3 min read)
“After dropping back to only four deals on offer in November, there are now 28 products at 85 percent LTV, the highest this number has been since March 2020 and a vast improvement on last year, when January 2021 saw no options available in this bracket.”
Full story > https://bit.ly/3H0ziRf
Aaron Stannard, Head of Lettings
With over 130 years in the industry, Watsons is firmly established as a leading independent Norfolk letting agent. Whether it’s a classic let, a buy-to-let, or increasingly let-to-buy, we offer a range of services designed to make letting a property simple and hassle-free. Visit our lettings page to get in touch with a lettings specialist.
