regulation

The Government announced in their ‘Levelling Up’ White Paper that they plan to introduce a new minimum standard for private rental properties. Are these proposed changes another nail in the buy-to-let coffin for Norwich landlords?

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?