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Keeping you up to date with recent changes
NewElectricalSafety Regulationswhich require anelectrical inspection and a report on the condition of the propertyhavecome into force. For newtenancy agreements(since 1stJune 2020) these apply from 1st July. These same regulations for existing tenancy agreementscome into force on 1st April 2021
Residential properties are now eligible for fast-track planning process for projects including extensions up to two additional storeys
TheUKrental sector has more than doubled since 2001rising to a massive 5.4mwithan additional 1.8m householdersexpected to becomeprivate renters by 2025.More than half20-39-yearoldsare expected to be renting privately by 2025
Tenants in properties managed by Home Minders, areone a half timesmore likely to extend their tenancy after the first 12 monthscompared to average London occupancy rates which we have tracked over the past ten years.