Energy Performance Certificates (EPCs) will already be on your radar, with regulations stipulating that all rental properties must hold an EPC rating at E or above (unless exempt) since 1st April 2020. But new EPC regulations proposed for introduction in 2025 may alter the Minimum Energy Efficiency Standard (MEES) rating requirement to C or above. While many landlords will face improvement costs, the good news is that the deadline for existing tenancies has been extended to 2028. So, what does this mean for your rental property?
Manchester’s property has outpaced UK growth forecasts for a number of years and is rapidly becoming one of Europe’s prominent economic and cultural hubs. As always, our top investment properties are based in fashionable locations with excellent transport routes, appealing to a wide array of tenants.
Tenant demand in the private rental sector remains sky-high in many areas, and the current climate suggests it won’t be abating any time soon. Almost two thirds (62%) of buy-to-let landlords say they have seen an increase in tenant demand for their rental properties over the past 12 months, according to a survey released by bridging loan […]
The UK rental market continues to shift alongside the housing sector at large, and a new rental report reveals some interesting trends that buy-to-let investors should be aware of. Change is afoot, but one thing that seems to be retaining its resilience is the country’s rental market. Tenant demand across many parts of the UK remains […]
Manchester has risen 26 places in this year’s Global Liveability Index, making it the top most liveable city in the UK and 28th across the globe. Every year, The Economist releases its rankings of the most liveable cities in the world, and this year’s list included 172 cities in total – up from 140 last year. It […]
UK rents continue to climb and city centres are currently seeing huge levels of rental demand from students, office workers and international tenants. The latest Zoopla UK Rental Market report has revealed how the rental market is currently performing, noting an 11% annual rent rise since Q1 2021. The average household now pays £995 per month on […]
From tax cuts for green home improvements to reduced fuel duty, here’s how the Spring Statement will affect homeowners and renters this year. Chancellor Rishi Sunak’s Spring Statement 2022 contained few measures that will impact the housing market directly. But with households feeling the squeeze from the rising cost of living and higher interest rates, […]
Philip James Lettings is off to a great start for 2022! According to Rightmove we are still the Number 1 lettings agent in Manchester from just two months of trading in 2022: See how we compare to our competitors. We receive hundreds of enquiries for every property we list, due to fierce competition for homes […]
A Positive Outlook for the Lettings Market Our team at Philip James Lettings in Manchester are leading the way, having lets agreed on 414 properties in the last 11 weeks. We have let more than double our closest competitor, which is a huge achievement. Data source: Rightmove, based on on lets agreed by Greater Manchester […]