Nottingham Letting Agent Property Blog

The Right to Build system is designed to cut red tape for property projects, and to place the power to grant planning permission back into the hands of communities, according to Housing Minister Grant Schapps. He is making £17 million available to help get building projects off the drawing board, and is offering a bonus of up to £2,000 for those able to get their plans in by the end of March next year. Under this new system communities will be able to approve local developments, bypassing the need to go through the normal planning application process. The proposals will still...

The latest report from the Royal Institution of Charters Surveyors is still positive for the residential rental market, especially as tenant demand continues to exceed new instructions in some areas. With many people still unable to get onto the housing ladder due to continued lack of mortgage financing and the large deposits required by many lenders, the RICS is predicting the market will remain buoyant.The supply of rental homes is continuing to grow, as 7% more surveyors reported an increase in the number of landlords looking to let out their properties, and although rents have risen substantially over the past few...

Many homes in the UK suffer from being badly insulated, especially older terraced properties which are often ideal as rental homes, and this is once again drawing the attention of the Friends of the Earth and the Citizens Advice Bureau. They estimate some 680,000 tenants are living in poorly insulated homes and are being forced to either shiver through the winter, or to spend hundreds of pounds on heating. According to them, tenants living in homes which have an energy performance certificate of F or G are spending an average of £488 a year on extra fuel, with many unable to...