Latest property news
Who should maintain the garden in a rental property?
Maintaining outdoor spaces is a priority for many landlords and tenants, as well-kept gardens enhance a property’s appeal and provide a pleasant environment. But disagreements over upkeep can lead to disputes. Being aware of the most common garden maintenance issues, and their impact on tenancy agreements, can help agents act to minimise disputes.
Lettings Spotlight: financial sanctions reporting obligations
Letting agency businesses across the UK need to work to a new framework from 14 May 2025 under the Sanctions and Anti-Money Laundering Act 2018, and it is vital that every agent understands the rules and adjusts working practices and systems accordingly. Through our vast network of members, some confusion has been highlighted around the rules, and we have produced resources to navigate the requirements.
Aggressive second-home penalties drop house prices by 12.4%
Cyngor Gwynedd (Gwynedd Council) was quick to use new tax powers to raise the premium rate for second homes and short-term lets (STLs) to a rate of 150% from April 2023 and went on to be the first council to use an Article 4 direction, removing permitted development rights to change a main home into a second home or short-term holiday accommodation, in September 2024. The outcomes of implementing these new measures are being carefully watched by the housing sector.
