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On the outside, selecting a good tenant may feel as simple as accepting the person who makes the highest offer, especially if the most recent news is to be believed. A survey undertaken for the New Economics Foundation found tenants were willing to go to extreme financial lengths to secure a rental property. As a result, landlords have had the luxury of waiting for the ‘highest bidder’ to emerge.

Although we are almost at the end of 2023, the news keeps coming. November saw the Chancellor deliver his Autumn Statement. Although there were no major changes for home movers, there were some peripheral announcements to note.

If you are looking to redecorate, why not consider Sweet Embrace™? Here are some ideas of how to use the current Dulux Colour of the Year.

The safety of tenants has become of paramount importance in the private rental sector, and rightly so. One of the areas that has been improved immeasurably is electrical safety and now new guidelines have been issued to provide greater consistency when it comes to checks.

On 7th November 2023, the King’s Speech marked the opening of a new session of Parliament. In his first address of this nature, King Charles III announced the Government’s key priorities for the year ahead and with a General Election expected within the next 12 months, the contents were hotly anticipated.

We often talk about seasonality in property and this autumn has been true to form. September saw serious movers enter the market after summer and their intent is already reflected in October’s figures. Firstly, we look at asking prices.

We have been charting the progress of the Renters’ Reform Bill since it was announced in 2019 during Theresa May’s tenure as Prime Minister. In late October 2023, a little more progress was made and the Bill had its second reading in the House of Commons.

How do Artex ceilings, avocado bathroom suites and rotten window frames make you feel when looking at properties for sale? While some purchasers will recoil at the prospect, others relish the opportunity to rip out, refurbish and make their own mark.

The features we assume tenants are looking for and what actually ticks their boxes can be two very different things. To establish the most in-demand aspects, Rightmove examined more than 600,000  property listings, looking at what was mentioned in the property description in relation to the homes with the highest number of enquiries.

How do you tell if a General Election is on the cards? You monitor the news for announcements that may please the masses. Property has long been an area the Government tinkers with and ministers are already repositioning their offering to win votes in England and Wales.

After a long period of stability, mortgage rates have hardly been out of the news headlines. In September, everyone held their breath as the Bank of England – responsible for UK-wide monetary policy – made its latest announcement.

As the rental market continues to thrive across the country, it’s crucial to explore why and inspect the most effective strategies to maximise the returns for your own investment projects.

With the average rent for a home in the UK reaching £950 per month, an increase of 4.9% in the last 12 months to March 2023 (Office for National Statistics), it’s evident that the rental market presents an attractive opportunity for investors. By understanding the advantages of long-term tenancies, you can make informed decisions that will ensure lasting benefits for your investment ventures.

In this article, we will delve into the benefits of renting to long-term tenants, highlighting why this approach is preferred by landlords, even though it’s not the most common lettings approach dictated by the market, and how it can significantly improve your rental property portfolio.