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2007 09
UK Property News 09 2007
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Energy efficiency needs to be driven by tenants
Posted: 28 Sep 2007 10:58:03 GMTEnergy efficiency is becoming more of an issue for buy-to-let investors and will grow in importance if tenants demand that properties perform well in this area.
Energy efficiency is becoming more of an issue for buy-to-let investors and will grow in importance if tenants demand that properties perform well in this area.
However, the National Landlords' Association (NLA) said that although investors are "starting to show an interest", big changes will not be seen until energy efficiency becomes a priority for tenants.
"Interest from tenants is more 'does the double glazing keep the noise out' and the primary concerns for tenants are still location and how much it costs," said Richard Gard from the NLA.
"They do want to know about bills and that is where energy efficiency improvements can come in and help," he added.
The NLA pointed out that it would "fully embrace" a drive to make energy efficiency improvements but said that the best way to do this is for tenants to begin demanding that changes are made.
"If tenants are going to our members and saying that before they move in to a certain property they want energy efficiency, for example, then that is what our members will respond to," added Mr Gard.
Buy-to-let investors are given incentives to improve the environmental performance of their properties through the Landlords Energy Saving Allowance.
The allowance gives landlords a tax break if they meet specific energy efficiency guidelines.
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MORE UK PROPERTY NEWS: September 2007
Energy efficiency needs to be driven by tenants Posted: 28 Sep 2007 10:58:03 GMTEnergy efficiency is becoming more of an issue for buy-to-let investors and will grow in importance if tenants demand that properties perform well in this area.
Rural prices rise significantly Posted: 28 Sep 2007 10:55:43 GMT
Homeowners in rural parts of the UK have been given a boost with new figures showing that farmland increased in value by 22.6 per cent in the first half of 2007.
Call for full-scale Hips rollout Posted: 27 Sep 2007 12:14:02 GMT
Home information packs (Hips) should become a mandatory part of the home-selling process for all properties.
Surprise as house prices rise in September Posted: 27 Sep 2007 12:13:34 GMT
House price growth picked-up speed in September, against expectations.
Landlords taking action to protect their yields Posted: 26 Sep 2007 10:46:18 GMT
Amateur landlords are unlikely to bail out of the market if rental yields fall.
Poor energy efficiency ratings for most houses Posted: 26 Sep 2007 10:45:39 GMT
Most homes in England and Wales are receiving low scores on their Energy Performance Certificates (EPCs).
Increase property value with intelligent renovation Posted: 25 Sep 2007 10:34:33 GMT
The value of a property can be improved with renovation work, but sellers need to be wary of pricing buyers out of purchasing their home.
Rics faces opposition to Hips stance Posted: 25 Sep 2007 10:33:53 GMT
The Royal Institution of Chartered Surveyors (Rics) has run into trouble over its stance on Home information packs (Hips).
Two million more homeowners in UK Posted: 24 Sep 2007 10:58:36 GMT
Gordon Brown says that two million more people are on the property ladder as a result of the Labour government and brushed off criticism of rising debt levels.
Million pound sales on the rise Posted: 24 Sep 2007 10:56:34 GMT
England and Wales has seen a threefold increase in the number of homes sold for at least one million pounds.
Sellers want change to Hips payment Posted: 21 Sep 2007 10:39:37 GMT
The majority of home-sellers are unhappy about paying for Home information packs (Hips) upfront.
Strong price growth in the north-east Posted: 21 Sep 2007 10:38:54 GMT
House prices in the north-east of England reached record levels in 2006.
Estate agents are not trusted Posted: 20 Sep 2007 11:00:09 GMT
Many homeowners in Britain believe that they did not get everything they wanted once they purchased their property.
Mortgage lending still high Posted: 20 Sep 2007 10:59:09 GMT
Gross mortgage lending figures fell slightly in August but demand remains high, according to the latest figures.
FTB confidence grows Posted: 19 Sep 2007 11:01:06 GMT
It appears that first-time buyers (FTBs) are regaining their confidence in the housing market.
FTBs clued-up over home costs Posted: 19 Sep 2007 10:59:16 GMT
New research shows that first-time buyers (FTBs) have a realistic view of the costs associated with buying a home.
Property investors 'confident in housing market' Posted: 18 Sep 2007 10:24:26 GMT
Property investors are still confident about the future of the UK housing market, new figures from the Building Societies Association (BSA) have revealed.
Housing market picks up after summer slump Posted: 18 Sep 2007 10:22:13 GMT
The UK housing market is once again picking up pace despite a summer slump in July.
Property portals 'make finding a mortgage easier' Posted: 17 Sep 2007 11:44:39 GMT
One leading mortgage broker is drawing attention to the advantages offered by online property portals and marketplaces.
Northern Rock customers told to 'calm down' Posted: 17 Sep 2007 11:43:50 GMT
The British Bankers Association (BBA) has released a statement geared towards quelling fears among customers of Northern Rock that the bank is facing insolvency.
Base rate may fall due to market turmoil Posted: 14 Sep 2007 11:08:56 GMT
Bank of England governor Mervyn King has hinted that the base rate of interest may come down in light of the current financial crisis.
Northern Rock: Borrowers should not be concerned Posted: 14 Sep 2007 11:07:49 GMT
Northern Rock mortgage borrowers have been reassured about the firm’s future after it turned to the Bank of England for a loan.
Cities offer landlord opportunities Posted: 13 Sep 2007 10:48:29 GMT
Landlords can see strong returns by investing in a city centre property.
Home repossessions stay low Posted: 13 Sep 2007 10:46:47 GMT
The number of homes in the UK which are being repossessed remains low.
Hips highlight poor energy ratings in UK homes Posted: 12 Sep 2007 11:15:33 GMT
The average four-bedroom home is scoring badly when it comes to energy ratings.
Economists predict rate freeze Posted: 12 Sep 2007 11:13:05 GMT
Homeowners have been given a boost after UK economists suggested that the base rate of interest may have peaked.
Hips loophole may not benefit seller Posted: 11 Sep 2007 12:39:46 GMT
Many homeowners may choose to start advertising their properties in different ways as Home information packs (Hips) begin to affect the market.
Tenants put location first Posted: 11 Sep 2007 12:38:39 GMT
Tenants are most concerned about the location of the property the rent, according to a new survey.
Hips expansion Posted: 10 Sep 2007 12:06:45 GMT
The rollout of Home information packs (Hips) continues today.
Brits improve homes to increase value Posted: 10 Sep 2007 12:04:42 GMT
Britain's home movers are keen on doing up their property in a bid to increase its value.
Hips have been a success Posted: 07 Sep 2007 10:52:32 GMT
The rollout of Home information packs (Hips) to properties with three or more bedrooms proves that the scheme is a success.
Property prices up in August Posted: 07 Sep 2007 10:51:58 GMT
House prices continued to rise in August, according to the latest house price index.
North-south divide opens up Posted: 06 Sep 2007 12:04:03 GMT
It has been revealed that the gap between the north and the south when it comes to buying a home is widening.
House price growth reaches 180 per cent Posted: 06 Sep 2007 12:02:42 GMT
House prices have increased vastly in the last ten years according to the latest figures.
Housing market set to stay strong Posted: 05 Sep 2007 11:17:29 GMT
House price growth continued in August and the market looks set to remain strong.
Small changes make a house more homely Posted: 05 Sep 2007 11:14:24 GMT
First-time buyers (FTBs) on a budget can 'make their home their own' by investing in a little home decorating.
Ahipp seeks Hips assurance Posted: 04 Sep 2007 12:04:48 GMT
The Association of Home Information Pack Providers (Ahipp) has moved to put an end to the controversy surrounding personal searches.
Bank will hold fire on base rate decision Posted: 04 Sep 2007 12:04:04 GMT
The base rate should remain at 5.75 per cent at least for the next month, according to a leading financial expert.
Brits travel miles in search of perfect home Posted: 03 Sep 2007 14:39:40 GMT
Millions of Britons are prepared to travel over 100 miles within their lifetimes in the pursuit of the perfect home.
Property market will not crash Posted: 03 Sep 2007 14:39:07 GMT
The UK property market is not set for a crash despite recent scaremongering from some quarters.
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