A few people have asked me what is the BARE MINIMUM required to rent a property out, so I thought I’d do a video on it.
The new year has certainly started on an upbeat note for the lettings sector. A survey by Finbri found more than 50% of UK property investors intend to expand their property portfolios in 2023.
I take a look at what happened in the Wellingborough property sale and rental markets in 2022 and share some predictions and forcasts for 2023.
Getting a foot on the property ladder remains a goal for many, especially as every UK region has seen annual rental value growth, according to the latest HomeLet Rental Index. Many may wonder whether 2023 will be a good year to make a property purchase so to steer buying novices in the right direction, here are 5 facts for 2023’s first-time buyers.
Property prices have recently been subjected to some doom and gloom in the media, so I’ve taken a closer look at what is happening with asking prices in Wellingborough up to and including December 2022.
Following a steady rise for the year, there was a small dip in the asking prices of properties for sale in May and June. This is usually expected during this period as people are away on holiday and/or are enjoying the summer weather.
Since this dip, the average asking price has risen for six consecutive months, reaching its current high of £277,757, 7.8% (£20,082) higher than in January 2021.
The year ahead could be monumental for landlords and tenants. It’s widely accepted that the Government’s A Fairer Private Rented Sector white paper will be adopted before the end of 2023 – and that means renting with a pet will be made easier.
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