New smoke and carbon monoxide alarm rules will come into force in England on 1 October 2022, as part of the Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022. The rules have been extended so that carbon monoxide alarms must be installed in rooms of a private rented property where there is any fixed combustion appliance, such as gas and oil-fired boilers, and be in p...
New analysis shows average mortgage payments rose by 66% in the last year but analysis from wealth manager Quilter shows they could drop by a quarter come the end of the year. Monthly mortgage payments could fall by as much as 25% by the end of the year, analysis from wealth manager Quilter shows. The latest government house price index data shows that in November 2...
Residential property transactions edged up 1% in March 2023 compared to the previous month, the latest HMRC figures have revealed. Across the UK, there were 89,560 home sales last month, according to the provisional seasonally adjusted estimate. While this was slightly higher than February’s total, it represents a 19% decline on the figure for the corresponding period of...
An updated How to Rent Guide, a checklist for renting in England which must be issued by both letting agents and landlords to new tenants or those renewing, has been released by the government. It is crucial that agents issue the correct and current version of the How to Rent guide as a failure to do so before the tenants move in can invalidate a Section 21 notice used to regai...
