Landlords and tenants should make contingency plans together for winter

After the first national lockdown period, the restrictions on moving homes in England were removed in May 2020, but what impact did the temporary emergency rules on moving into a new house have on renters?

According to new research by Ome

The post Landlords and tenants should make contingency plans together for winter appeared first on Property118.

Citizens advice calling for tenant loans and grants in tiers 2 and 3

Citizens Advice is reporting on a series of gaps in protections in England that do not align with the coronavirus lockdown tiers and that in some areas, particularly rent and council tax, the lack of broad national protections could see people at risk of falling behind on vital bills.

The post Citizens advice calling for tenant loans and grants in tiers 2 and 3 appeared first on Property118.

ONS UK House Price Index for August 2020 up 0.7%

The office for National Statistics has released the UK House Price Index summary for August 2020 showing the average price of a property in the UK was now £239,196 reflecting an annual increase of 2.5% and a monthly increase for August of 0.7%

At the individual country level

The post ONS UK House Price Index for August 2020 up 0.7% appeared first on Property118.

Capital appreciation covering the costs of running a property

Research from GetAgent.co.uk has found that nearly half of all properties pay for themselves when it comes to the average annual cost of upkeep and the increase in capital appreciation.

GetAgent.co.uk looked at each local authority in England and the total current upkeep costs of a property on an annual basis

The post Capital appreciation covering the costs of running a property appeared first on Property118.

Absent freeholder since purchase in 2011 suddenly appears?

I own a 1st floor top flat that I purchased in 2011 for renting purposes. The property is leasehold however there is no service charge or ground rent payable. The freeholder has been absent since I purchased the property and I have no contact details.

The post Absent freeholder since purchase in 2011 suddenly appears? appeared first on Property118.

Welsh temporary lockdown – Is moving home permitted?

Welsh First Minister, Mark Drakeford, announced A short, sharp “firebreak” will be introduced across Wales at the end of this week to help regain control of coronavirus.

The fire-break will start at 6pm on Friday 23 October and end on Monday 9 November.

The post Welsh temporary lockdown – Is moving home permitted? appeared first on Property118.

Room rents in London remain depressed

Although Covid-19 restrictions began to ease in Q3, the rental market in the capital still struggled to recover, with the average London room rent down 7%, from £780 in Q3 2019 to £725 in Q3 2020.

Rents in EC3/Aldgate (-34%) *

The post Room rents in London remain depressed appeared first on Property118.

Size matters for the UK average house price of £231k

How much space can the UK’s average house price of £231k buy you across the country?

Home buyers in the West Midlands can afford almost double the floorspace than those in the South East, according to new research1.

The post Size matters for the UK average house price of £231k appeared first on Property118.

Beyond Section 21 Report – The unintended consequences if government doesn’t listen

Following the Government’s announcement and subsequent consultation into repealing Section 21, which received in excess of 20,000 responses, The Lettings Industry Council (TLIC) commissioned a report ‘Beyond Section 21’ to look at the impacts of doing so. 

The post Beyond Section 21 Report – The unintended consequences if government doesn’t listen appeared first on Property118.

Extension wall built too close?

Hi, I own a 4 bed detached on a street built in the 60’s. On facing the houses each has a path of about 6ft between them BUT the path is owned by the house to the right up to the walls of the house to the left..

The post Extension wall built too close? appeared first on Property118.

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