Sign in Sign up
01603 741900
info@gracecharlesinvestments.com
Norwich City FC Logo Official property investment partners
of Norwich City Football Club

News

Here’s to 2024 – a failing Renters (Reform) Bill or landlords voting with their feet?

Will landlords bail out in 2024 as the Renters (Reform) Bill gets closer or will we stick it out for our tenants?
I only ask because this is the time of year to come up with resolutions.
I’ve explained at length that the Bill effectively transfer…

House prices down 1.8% over 2023

The last Nationwide House Price index for 2023 shows a fall in the market of 1.8% over the last year with the average Uk house price for December at £257,443
However, outperforming the rest of the UK, Northern Ireland was up 4.5% and Scotland up 0.5% l…

Confidence returns to the UK’s prime housing markets after a turbulent year

Nearly all prime housing markets in the UK have experienced an easing in price falls over the final quarter of 2023, Savills reveals.
This comes after a turbulent year when prime regional house prices fell by just -0.8% in the quarter

Call to unfreeze LHA immediately to reduce homelessness in London

A homeless charity is urging the Government to unfreeze the Local Housing Allowance (LHA) rates immediately in a bid to reduce the rising number of homeless people on London’s streets.
The Single Homeless Project, the largest charity dedicated to…

TSB targets renters with first-time buyer mortgages

With many renters in the UK struggling to become homeowners, the TSB has unveiled first-time buyer mortgages to help.
The lender has carried out research and found that 35% of non-homeowners had no plans to purchase a property ever

Brighton and Hove council crackdown on landlords

Landlords in Brighton and Hove face a £500 fine if they fail to carry out work to improve their properties.
Brighton and Hove council will issue ‘improvement notices’ to any landlord in the area whose property does not meet the required standards.

2023 Market Update and 2024 Prediction

2023 was a difficult year for many people, with rising interest rates and falling property prices.
Many people expected a property crash which did not happen in fact, prices went up in the last few months of 2023

Landlords optimistic about PRS performance in 2024

Three-quarters (74%) of residential buy to let landlords say they are confident about the performance of the private rented sector (PRS) over the next 12 months, a survey reveals.
The findings from The Mortgage Lender (TML) also found that 27% of landl…

Give yourself a great start to 2024

As we are about to start 2024, we would like to invite you to a high-value, but no-cost, online Master Class, all about the fastest way to make money from property in 2024.
If you already own investment property you really need to watch this training t…

UK mortgage approvals look set to slump by 24% in 2023

UK mortgage approvals are expected to decline by 24% in 2023 compared to the previous year, research reveals.
According to a study by GetAgent.co.uk, the research analysed monthly mortgage approvals over the past five years and found that between Janua…

Help needed with my unauthorised tenant?

Hello, I have a situation where I was preparing a property for rent and the builder passed a copy of the keys to the neighbour who was their friend, to allow carpet fitters to attend the property. The neighbour then indicated that their daughter would …

City issues more than 1,000 enforcement notices to landlords

More than 1,000 enforcement notices were handed to landlords under one city’s selective licensing schemes.
In three areas where 1,515 private rented properties are licensed, 500 compliance inspections were carried out.
In a report to help support an ap…

Abolition of section 21 is the biggest concern of landlords in 2024

A new survey reveals that landlords in England and Wales are worried about the upcoming changes in the rental market – and the abolition of Section 21 evictions is their biggest fear for 2024.
That’s according to Zero Deposit after 1,042 la…

Charity claims illegal evictions in England hit record high

A housing charity claims that the number of illegal evictions in England has hit a record high but less than 1% of landlords are convicted, the Observer reports.
The article says that landlords are increasingly evicting tenants illegally and with littl…

Spring Budget will take place on March 6 – but landlords look like missing out (again…)

The Spring Budget has been scheduled for March 6, 2024; Chancellor Jeremy Hunt has announced.
He has now commissioned a fiscal and economic forecast from the Office for Budget Responsibility (OBR) for Parliament that will be presented with the Budget.

Get the latest info on all of our latest property releases
01603 741900
info@gracecharlesinvestments.com