Property Investors Weekly News: 22/03/2022
This week we’ve pulled together some of the hottest news stories around property investment for your reading pleasure! So strap in, turn off the tv and get ready for some updates:
New record house prices fuel strongest ever spring sellers’ market: Rightmove
Rightmove say that spring is the best time to sell your home. A hat trick of conditions including house prices, low stock and speed of market has resulted in the strongest ever spring seller’s market with average house prices now surpassing £350,000.
Right to rent checks: a user guide for tenants and landlords: GOV
A series of major changes in Right to Rent have already occurred and more are heading towards the market. These changes will be bringing with them serious legal implications for agents, landlords and tenants. GOV have published a document to assist both agents, landlords and tenants when carrying out right to rent checks.
Tenant demand continues to climb in the London rental market
Rentd, the leading rental portal has revealed that the rental values are climbing annually across 42% of London boroughs, while tenant demand has increased across every London borough since this time last year.
Have a great day and we look forward to working with you.