lettings

Finding a Lettings Agent Near Me: Things to Consider When Becoming a Landlord Becoming a landlord is a dream for many people, but it’s far more complicated than simply purchasing a property and renting it out. You’ll find that a lettings agent can be quite helpful in ensuring your journey into the world of being a landlord goes smoothly. There are many things to consider, and you should be aware that...

In this article, I will look at what happened in 2021 in the Norwich buy-to-let property market and give you my opinion as to what lies ahead for Norwich landlords in 2022 and beyond. On a positive note, house prices in Norwich have rocketed, rents have risen faster than inflation, at the start of the year we had the benefit of a stamp duty holiday and finally, ultra-low mortgage rates, meaning Norwich landlords had lots to be happy about in 2021.

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?

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...

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...

Property specialists can be very useful to have when you need them. Most people are not experts in anything to do with their property and this can result in some serious issues arising. When you don’t know enough about a topic to make informed decisions, you should bring in an expert. This is exactly what you should do with anything related to property. Watsons will ensure that you don’t make a...

When you carry out a right to buy valuation, it’s more than just a quick look at the property. It’s very involved and is designed to give you an accurate price for the property. What Is ‘Right to Buy’? Right to buy is a specific scheme meant to help council home tenants and some housing association tenants purchase their property. They will get a discount on the property, as long as they can fulfil...