Brighton & Hove average rents August 2016

Monthly update on local market trends using Rightmove statistics Brighton & Hove Average Rents: Avg 1 bed -0.3%¬†¬†¬†¬† ¬£899 PCM Avg 2 bed +1.2% ¬†¬† ¬£1284 Avg 3 bed -2.8% ¬†¬†¬† ¬£1644 Avg 4 bed +12.9%¬† ¬£2173 Avg 5 bed -0.1% ¬†¬†¬† ¬£2476 Brighton & Hove New Instructions: Let me know if you would like…

What is Minimum Energy Efficiency Standards (MEES)?

Please click to read a very quick summary of the new Minimum Energy Efficiency Standards (MEES) requirements for Landlords: As of 01-April 2016 this applies to any property with an Energy Performance Certificate (EPC) rating F or G Tenants have the right to request energy improvements such as loft/cavity insulation The Landlord is legally bound…

How do I choose a letting agent?

Please find below a detailed look at what Landlords should consider carefully when choosing a letting agent: Surveys A recent survey by Direct Line for Business suggests the best reason for using a letting agent is to avoid legal issues such as contracts, deposits & Right to Rent requirements Recent surveys by Citizens Advice, Shelter…

Rental Forecast & Figures

Please read below an update on changes in tenure, 5 year rental forecast and UK quarterly rental figures: Changes in tenure In the last 10 years 1,550,000 homes have changed from privately owned to the Private Rental Sector. 550,000 have gone the other way. 700,000 new homes built since 2005 have also become PRS properties….