Lettings

Subletting is a recurring subject in the world of rental property. For those who are not familiar with the term,subletting is when the original tenant named on the legal agreement moves out and rents the entire property to someone else. Alternatively, the original tenant stays in the property and rents out a room or multiple rooms. Unless the landlord has agreed to subletting, the act will be a breach of the tenancy agreement and constitutes grounds for eviction.

Despite the very steady start to the year, where Wellingborough asking prices remained at a very steadily level of around £276,600 for the first five months, we have now seen a three-month trend of falling asking prices from the peak of £277,653 in April this year to £265,861 in July.

Despite the very steady start to the year, where Wellingborough asking prices remained at a very steadily level of around £276,600 for the first five months, we have now seen a three-month trend of falling asking prices from the peak of £277,653 in April this year to £265,861 in July.

I look at how leading commentors view the property market taking into account economic uncertainty, a cost of living crisis, high interest rates, and rising inflation

I look at how leading commentors view the property market taking into account economic uncertainty, a cost of living crisis, high interest rates, and rising inflation

Tenants have a duty of care to look after gardens, roof terraces, courtyards and balconies. This covers what grows outside, what is added – or taken away – and what happens in the outside space. Failure to look after the great outdoors could result in deductions from the deposit, so it’s vital to know what is expected of tenants.

Tenants have a duty of care to look after gardens, roof terraces, courtyards and balconies. This covers what grows outside, what is added – or taken away – and what happens in the outside space. Failure to look after the great outdoors could result in deductions from the deposit, so it’s vital to know what is expected of tenants.

According to estate agency Savills, landlords in the UK are experiencing their lowest profits in 16 years due to the rising interest rates, prompting some to consider exiting the buy-to-let sector.

According to estate agency Savills, landlords in the UK are experiencing their lowest profits in 16 years due to the rising interest rates, prompting some to consider exiting the buy-to-let sector.

We have already had five full months of 2023 to look at what may be happening in the Wellingborough property market, so these are my findings from the ZooplaPro data.

We have already had five full months of 2023 to look at what may be happening in the Wellingborough property market, so these are my findings from the ZooplaPro data.

May was the month when the Renter’s Reform Bill was introduced to Parliament. The Government has a deadline to keep as it wants the contents to become law before the next general election, which has to happen by 28thJanuary 2025.