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The leaves are starting to change colour and the temperature is beginning to drop. Autumn is the perfect time for landlords to consider making energy-efficient upgrades to their rental properties. Not only can these upgrades help reduce energy bills for tenants, but they can also help to make your property more appealing to environmentally conscious tenants in a competitive rental market.

 

Insulation

One of the most effective ways to keep a property warm and energy-efficient during the colder months is by increasing the amount of insulation in your property. Insulating the attic, walls, and floors can prevent heat from escaping, keeping your tenants cosy and reducing their heating bills. Autumn is an ideal time for this upgrade as it is a good idea to do it before the coldest weather arrives.

 

The government recently published guidance for both private and social landlords, ushering in a dramatic shift in the way that mould is approached in rental houses by prohibiting the practice of blaming tenants' damp and mould problems on their "lifestyle choices."

Are you wondering what this means for you and your tenants? Here are the key legal obligations and recommendations for landlords:

Your garden or outdoor space really comes into its own during the Summer months. Flowers bloom, birds sing and the sunshine basks everything in a warm and welcoming glow that entices us outside.

 

You would be forgiven for thinking that once the glorious days of Summer, or September heatwaves, are over that your outdoor space will become uninviting and unusable. This doesn’t have to be the case. Here, you will find some useful advice to prepare your garden for viewings during the colder months in the year. 

Many sellers put off tackling jobs around their home as they believe that buyers like to change things when they move in.

 

However, this is a false economy that may both delay your sale and affect the price that you get for your property.

 

There are people who are looking for a fixer-upper but they expect their willingness to spend time doing up the property to be reflected in the price of that property.

 

A run down property can also give the impression to potential buyers that you do not take care of it and will leave them wondering what larger problems are lurking unseen.

 

So if you would like to get the best possible price for your property in Nottingham area it can pay to tend to any odd jobs before you put it on the market.

More lenders, including Nationwide, Leeds, TSB, Virgin, and Clydesdale, have been reducing their rates on some of their mortgage products. This is despite the predicted rise coming the next time the base rates are reviewed. 

 

Hopefully, this is showing some confidence by lenders in the stability of the market and encouraging those who are sitting on the fence about moving home or buying property at the moment.

 

This stability can be seen in the national data. 42% of properties were sold (subject to contract) within 30 days of first being listed in July, compared to 43% in June and 57% in July 2022*.

 

Sellers and agents that are adjusting to the market will get properties sold. Those that do not price correctly will just sit on the market and go stale. This is true of any market, but especially now when market conditions are more akin to those of 2017/8. 



There are currently 3,276 properties available for sale in Nottingham, with 339 that came to the market in the last two weeks.

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