The rental property market is on the brink of a significant shift, one that will undoubtedly cause concern among landlords across the UK. The new Labour government has made clear its intention to raise the minimum energy performance standards for rental properties, a move that could have far-reaching implications for both landlords and tenants alike. The proposed change, which would see the minimum Energy Performance Certificate (EPC) rating for rental properties increase from E to C by 2030, has sparked a mix of anxiety and uncertainty within the property sector.
Read MoreIn this article, I will delve into the current housing situation of family homes in Portsmouth, compare them with national averages, and then explore opportunities for home buyers and landlords.
Read MorePortsmouth, with its vibrant culture and rich history, has long been an attractive place to live. However, recent concerns suggest that the whole of the UK (and thus Portsmouth) may be facing a population crisis, impacting the quality of life for its residents.
Read MoreIt might surprise many that, despite significant inflation over the past few years, buying a house today is still more affordable as a percentage of take-home pay.
Read MoreRoll the clock back to 1979, a year marked by a seismic shift in the UK government with Margaret Thatcher coming to power.
Read MoreThe length of time it takes to sell a property is a crucial indicator of the health of the property market. This metric can provide insight into supply and demand dynamics, the efficiency of estate agencies, and overall market confidence.
Read MoreDespite frequent reports predicting a housing market crash since September 2022, the actual data reveals that the British and Portsmouth property markets are holding steady.
Read MoreDespite the anticipations and speculations surrounding the UK General Election, its impact on the UK and Portsmouth property market has been negligible.
Read MoreOne of those changes discussed by the Press are the number of properties for sale where the home seller is suffering from ‘buyers regret’. In estate and letting agency online forums, the ‘feeling’ is that there are a lot of properties on the market, where the owner purchased their home during the pandemic years of 2020 and 2021 yet are now back on the market.
Read MoreThe property market in the UK is a complex and multifaceted entity, characterised by a myriad of factors that influence property prices and values.
Read MoreThe UK property market has demonstrated remarkable resilience despite facing significant challenges over the past 18 months. Many analysts in the autumn of 2022 predicted a severe downturn in house prices, driven by economic uncertainty, a cost-of-living crisis, and rising mortgage rates.
Read MoreOver the past few years, the UK rental market has experienced significant fluctuations, with rents increasing dramatically during the Covid-19 pandemic. Between 2020 and 2022, demand far exceeded supply, driving rents to unprecedented levels.
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