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The Bank of England announces interest rate rise

The Bank of England has announced a rise in interest rates, increasing from 0.25% to 0.5%. For householders on variable rate mortgages, this means higher interest payments. The Bank estimates that almost four million householders in the UK will be affected by the higher rates. The majority of new mortgages are issued on a fixed [...]

By |2017-11-02T13:43:46+00:00November 2nd, 2017|Financial, Property|0 Comments

Minimum Energy Efficiency

Following the passing of the Energy Act 2011, the government has introduced The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015 (the Regulations) setting minimum energy efficiency standards (MEES) for domestic and commercial rented property. A higher rating indicates greater energy efficiency. The average energy rating for a home in England & Wales [...]

By |2017-03-27T09:09:32+00:00January 19th, 2017|Property|0 Comments

The ‘Right to Rent’ Scheme

Since 1 February 2016, all private landlords in England are obliged to review the immigration status of an incoming tenant or occupier prior to renting out their property, thereby establishing the tenant’s legal right to be in the UK and therefore their right to rent. This rule does not yet apply to tenancies in Wales. [...]

By |2017-03-27T09:00:54+00:00January 9th, 2017|Property|0 Comments
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