Busiest May for sales agreed since 2021
May was especially busy this year, with agreed sales reaching a four-year high, Rightmove research has revealed. More favourable mortgage conditions have helped, as the average five-year fixed mortgage rate…
Government EPC targets ‘unachievable’, says landlord group
The National Residential Landlords Association has accused the government of setting ‘unachievable’ and ‘unrealistic’ goals when it comes to EPC targets. It’s being proposed that every property across the private…
Nottingham Building Society opens first branch in eight years in city centre
Nottingham Building Society has opened a flagship branch on Nottingham’s busy Clumber Street. This replaces the society’s former Upper Parliament Street location, and is the first branch opening in eight…
London rental stock increases – PropertyWire
London tenants have a surge of rental properties to choose from, with 40% of all rentals being listed in the past 30 days, data from London agent Benham and Reeves…
Northern Ireland must avoid one-size-fits-all approach to letting fees
Controls on letting fees in Northern Irelands must take the financial effects on landlords and letting agents into consideration rather than opting for one-size-fits-all solution, property professional body Propertymark warned.…
Heat pump installation costs can be cut by £2,000, business claims
Heating firm Hewer has launched ‘Heat Saviour’, a technology that’s set to save £2,000 per installation by cutting labour costs. The tech sits underneath a standard hot water cylinder and…
Rental supply rising despite landlord concerns over Renters’ Rights Bill
Flatshare adverts have surged amidst the looming spectre of the Renters’ Rights Bill, research from flatshare site SpareRoom has found. Between January and April both the number of landlords using…
Hybrid Heat Pumps: A Missed Opportunity in the Race to Net Zero?
Dr Angie Needle, director of strategy at Cadent The UK’s heat decarbonisation journey is at risk of stalling. Despite ambitious targets to install 600,000 heat pumps annually by 2028, fewer…
Landlords to hike rents before Renters’ Rights Bill passes through parliament
Nearly half of buy-to-let landlords (44%) plan to pre-emptively raise rents in response to the new Renters’ Rights Bill, survey data from Landbay can reveal. Under the Renters’ Rights Bill,…
Potential downsizers put off by painful homebuying process
The long process of selling and buying property is putting off a number of older homeowners from downsizing, a report by the Open Property Data Association has found. A poll…