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House prices fall 3.5% and rising interest rates will hit buyer confidence

House prices in June saw a modest rise of just 0.1% – but year-on-year prices are down 3.5%, Nationwide says.
The current average home price stands at £262,239.
First-time buyers are struggling as they need to put down 55% of their gross annual i…

Roof repairs and water damage in flat – No freehold insurance?

Hello, we own the freehold of a maisonette building made up of eight flats and we also own the leasehold of the first-floor flat. The ground floor flat is completely self-contained and includes both the front and back gardens.
There is a hole in the ro…

Leaseholder issues with freeholder?

Hello, I am the leaseholder and I am having issues with the freeholder who rents out the flat above. The tenants are noisy because of the wooden floors and there have been two leaks which have caused damage to my flat downstairs.

Tenant refusing to leave?

Hello, my wife and I bought a property, the completion date was January 2023. We bought with a tenant in situ who since April has been in rent arrears and is refusing to leave after section 21 and 8 has been issued.

Labour U-turns on tenant protections in just 24 hours

The potential rise in evictions means the government must immediately introduce the Labour Party’s Private Renters’ Charter to help protect tenants.
Labour’s call follows Shadow housing secretary, Lisa Nandy, announcing that Labour wo…

Welsh First Minister rejects calls for a rent freeze – but critics want more

Mark Drakeford, the First Minister of Wales, has rejected the idea of implementing a rent freeze in the country.
That’s despite his government launching a consultation on introducing rent controls in Wales earlier this month.
This week

Landlords see rents rocket and voids plunge

A rental index reveals that England’s rental market has caught fire, with rents rising for the sixth straight month in June and voids plunging.
The latest data from Goodlord points to an ever-increasing demand for rental properties –

No party wall notice issued despite building work taking place?

Hello, builders next door have commenced building work without planning approval yet an application has been submitted. No party wall notices were issued and no neighbour consultation was done.
The rear extension to the mid-terrace is 6m long.

Landlords and homeowners face hefty bills to meet EPC target

Landlords and homeowners are facing steep costs to upgrade their properties to meet potential Energy Performance Certificate (EPC) ratings – with an average price tag of £13,981.
According to mortgage data firm Dashly, homeowners in Greater Londo…

Can EPC rules regarding insulation be a retrograde step?

Hello, we are all required to improve our properties so as to adhere to standards set by the government in regard to insulation etc. This is not a bad thing but it does mean a significant reduction of airflow around the home.

The Midlands shines as a rental hotspot amid dip in renter interest

Despite a slight nationwide drop in rental interest, the Midlands is emerging as an exception to the trend, a rental demand index reveals.
The latest findings from Barrows and Forrester highlight that Dorset is the current epicentre of the rental market

Freeholder service and insurance charges?

Hi everyone, my family own several leasehold flats and in each case the leases allow the freeholder to arrange building insurance and to recharge this to the leaseholders.
Every time the property is valued by an RICS surveyor the insurance value has in…

Renters on low income struggle to find affordable properties

People receiving housing benefits or Universal Credit can afford just one in 20 private rental homes, according to new figures.
Research by the Institute of Fiscal Studies (IFS) reveals since the Local Housing Allowance (LHA) freeze

Labour’s Lisa Nandy rejects rent control pleas

Lisa Nandy, Labour Party’s shadow housing secretary, has rejected calls for rent controls – despite saying at the Labour Party conference last autumn that she supported them.
Now, she believes that rent controls are a ‘sticking plaste…

Can I rent a large house as a one bed flat?

Hello, I have a five-bed eco house on the South Coast we recently put up for sale when our last tenants left. Unfortunately, then the market nose-dived and there has been no interest. The agents tell me this is the case with all of the more expensive p…

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