Lettings Office; 7 Ballards Lane Finchley Central N3 1UX
e: hello@simonclarke.co.uk
t: 020 8349 9000
Property Management; 7 Ballards Lane Finchley Central N3 1UX
e: management@simonclarke.co.uk
t: 020 8492 2530
June is over and where did that month go? The mid-point of 2022 is pivotal in the property calendar – with six months of trading behind us. All eyes are on the market’s momentum and whether demand is being maintained.
After years of delays and deliberations, the Renters’ Reform Bill has finally been crystalised in its associated White Paper. Titled the Fairer Private Rented Sector White Paper: a new deal for renting, the contents will soon become law and shape the way lettings is run.
If you were lucky enough to have a spare bedroom in 2020, there is a high chance that you shoved the bed to one side (or got rid of it altogether) to make way for a home office. In fact, a report from Zoopla suggests that some nine million bedrooms were lost during the pandemic to other uses.
There has been talk about a lack of properties for sale for some time now but a new report released at the end of May has put a figure on the squeeze. Propertymark claims that in April 2022, there were 52% fewer properties available, compared to the same month in the previous nine years.
Even mortgage lenders have their part to play in our quest to achieve net zero carbon emissions by 2050. The Government has asked banks and building societies to encourage the purchase of eco-efficient properties by offering buyers advantageous products billed as ‘green mortgages’.
While the property industry waits for a date when the Renters’ Reform Bill becomes law, there is an imminent change for all current owners and future buyers of leasehold properties. Here are five important points for anyone involved with a leasehold property.
UK house prices continued to rise in April 2022 but the pace of appreciation has slowed, reports the Nationwide. In the last month, prices increased by 0.3% and although this is the ninth successive month of growth, it is the smallest monthly rise since September 2021.
Called the ChargePoint grant, the initiative is not brand new – instead it replaces the Electric Vehicle Homecharge Scheme. The new grant invites landlords to apply for a 75% discount on the cost of purchasing and installing a home electric vehicle charging point, up to the value of £350.
Designers have often used hand-picked books as props when dressing show homes but the art of primping with paperbacks really went mainstream during recent lockdowns.
As we close the first quarter of 2022, figures have started to arrive that show us whether momentum has been maintained in the first three months of this year. More importantly for those looking to buy, sell and rent imminently, we examine what has happened to house prices and rental values in the last four weeks.
Are you one of the 34% of landlords looking to expand their property portfolio in 2022? When it comes to the type of properties that deliver the best rental returns, additional research has revealed the newer the property, the better the yield can be.
Some of the most eye catching home additions are permanent, expensive or both. While there is no doubt that replacing an old kitchen or installing a new bathroom will transform a property, it’s not a practical path to follow for tenants or for soon-to-be sellers.
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