Hunters Pudsey and Bramley

With the confirmation of Labour’s plans to require all rented properties in England to have a minimum EPC rating of C by 2030, we look at what this means for the rental sector.

In the last 12 months, just 56% of property rentals were in homes meeting the requirement. A third of lets were in homes with a D rating, while 10% were E or below.

At a regional level, there were a higher proportion of homes rented in the North West, Scotland (where different rules apply) and Greater London which achieved the higher ratings but a significant number will still need to be improved.

Some improvements have been made. Back in 2019, less than half of rented homes (49.8%) met the standard. Still, large scale investment will be required. Reapit estimate the cost of retrofitting all PRS properties in England, Wales and Scotland to a C rating is over £24 billion.

When you work with Hunters, we'll keep you updated with what you need to do to keep your property compliant: https://brnw.ch/21wMHPY

Ready to take your first step onto the property ladder? 🏠

Start by booking your free, no-obligation property valuation today: https://brnw.ch/21wME4U

Landlord legislation is designed to protect both landlords and tenants. From ensuring your property is habitable to understanding tenant responsibilities, staying informed is key. 🏠

Check out our comprehensive guide to landlord legislation to make sure you’re fully compliant. 👉 Read the full article below: https://brnw.ch/21wMz2q

July data just released by the Bank of England saw a pick-up in mortgage approvals to just shy of 62,000, the highest monthly rate since the Truss mini budget in September 2022.

This July mortgage data precedes the Bank of England's first interest rate cut in August but shows the building sentiment towards the housing market as mortgage rates moved down ahead of the Bank of England meeting.

With mortgage rates moving lower again since, mortgage approval volumes should strengthen further over the next few months which in turn will feed into higher transaction numbers.

Start your mortgage journey here: https://brnw.ch/21wMuu6

Unlock the door to your dream home with our latest property listings! Explore a wide range of beautiful homes, tailored to fit every lifestyle and budget. 🏠

Start your journey today by clicking the link below: 🔗 - https://brnw.ch/21wMqrO

If you've found your dream home but it's beyond your budget, negotiating a lower price might take time and patience. Your strategy will depend on the state of the property market - a low offer could work in a slow market, but in a fast one, it can be a gamble. 🏠

Check out the article linked below for helpful tips to navigate this situation: 🔗 - https://www.hunters.com/guides/buying/making-an-offer-useful-tips-for-first-timers/?utm_source=facebook&utm_medium=organic&utm_campaign=article

Mortgage rates are now at their lowest level since March 2024. Average two- and five-year fixed rate deals fell monthly by 0.18% and 0.15% respectively, ending five consecutive months of rises.

According to Moneyfacts, the average two- and five-year fixed rates fell between July and August, to 5.77% and 5.38% respectively.

Mortgage rates are widely expected to decline further in the coming weeks, especially after the 0.25% base rate cut, the first in over four years.

Markets are pricing in a further cut in 2024, currently forecast to reach 4.67% by the end of 2024.

Curious about why a house purchase might fall through and what you can do if it happens? 🏠

Check out the article linked below where we dive into the common reasons for failed sales, the options for both buyers and sellers, and the financial impact of a deal that doesn’t go through.

🔗 Read more here - https://www.hunters.com/guides/buying/what-happens-if-a-house-purchase-falls-through/?utm_source=facebook&utm_medium=organic&utm_campaign=article

Whether you're just starting out and are looking to purchase your first property, or you're an experienced investor with a large property portfolio, we have a service that will meet your needs perfectly. 🏡

Get in touch with us today, or take a look at our property services linked below: 🔗 - https://www.hunters.com/landlords/?utm_source=facebook&utm_medium=organic&utm_campaign=service

The population of England and Wales increased by nearly 610,000 people over the past year, to a total of 60.9 million. That is the most significant growth in 75 years and boosts the working age population (aged 20 to 65) at a time when other European nations are experiencing a decline.

The UK population is projected to reach 77 million by 2046 and that will intensify the need for housing to cater for the growing number of people. Building new homes is the key to solving the nation's housing crisis and expected to drive economic growth too.

Be informed before you commit. Understand the details of your holding deposit and your rights. 🏠

For more information and guidance, read our full article linked below: 🔗 - https://www.hunters.com/guides/renting/holding-deposits/?utm_source=facebook&utm_medium=organic&utm_campaign=article

Is your family growing and starting to outgrow your current space? It might be time to upsize. 🏠

Hunters can help you find the extra space you need. Start by booking a free home valuation and take the next step toward your ideal living space.

📱Book today - https://www.hunters.com/value-my-property/?utm_source=facebook&utm_medium=organic&utm_campaign=valuation

The government has made clear its commitment to getting new homes built to address the housing crisis and surveys show that growing numbers of people are on-side with the idea of new developments.

But, it will be challenging. Only 114,000 new homes were built in the first half of 2024 in England and Wales, 11% fewer than the same period of 2022, according to DLUHC.

Indeed the NHBC, who log completions in a different way, suggest that the rate of new home delivery will need to more than double if we are to deliver 1.5 million homes over the next five years.

The urgency to reverse any downward trend is clear and much hope is hanging on the Planning and Infrastructure Bill to create a more efficient and better-funded planning process.

The Government has also announced new home-buyer incentives alongside the planning changes, as well as infrastructure investment in power grids, water supply, and roads – all of which should oil the wheels of new home-building.

Buying your first home is a scary prospect and many of the younger generation lean on their parents during the process. 🏠

If you want to help a younger relative and give them the support they need to make their home ownership dream a reality, then read the article linked below: 🔗 - https://www.hunters.com/guides/buying/how-to-help-your-child-become-a-home-owner/?utm_source=facebook&utm_medium=organic&utm_campaign=article

The Bank of England has cut interest rates to 5% but what does this mean for mortgages? 🏡

According to Rightmove, the average 5-year fixed rate is down from 6.08% in July 2023, to 4.87% this week.

The average 2-year fixed rate is down from 6.61% in July, to 5.25%. Need help with finding a mortgage? Let us help: https://www.hunters.com/mortgages/?utm_source=facebook&utm_medium=organic&utm_campaign=service

The government announced plans to impose VAT on private school fees to fund improvements in public education.

The current exemption from value-added tax (VAT) will be removed to fund 6,500 new teachers in England. VAT at the standard rate of 20% will be added to private school fees starting 1 January 2025.

In a poll of agents, 24% report noticing an increase in demand for homes close to outstanding rated schools, directly associated with the announcement.

Just 15% of schools are judged to be Ofsted Outstanding, but 90% achieved the rating: Good or Outstanding, up from 68% in 2010 – suggesting that standards are continuing to improve. (Department for Education).

Are you in the catchment area of a good or outstanding school? Find out how much your home is worth today:
🏠 - https://www.hunters.com/value-my-property/instant-valuation/?utm_source=facebook&utm_medium=organic&utm_campaign=ivt

With a flurry of home-related TV shows currently gracing our screens, DIY and home renovation have become more popular than ever, and homeowners are now making changes left right and centre to boost the value of their property. 🏡

Read the article linked below to learn our tips on adding value to your house: 🔗 - https://www.hunters.com/guides/home-improvement/practical-tips-to-add-value-to-your-property/?utm_source=facebook&utm_medium=organic&utm_campaign=article

The new Labour government has offered a welcome boost for housing market sentiment.

Whilst transaction levels remain low; leading indicators for activity are stronger. Indeed, mortgage approvals are now almost back to their long-term trend.

The new government’s pro-growth agenda and ambitious targets for housebuilding are being well received. But what about its plans for lettings reform? Read more here: https://www.hunters.com/guides/landlord/your-guide-to-the-renters-rights-bill/?utm_source=facebook&utm_medium=organic&utm_campaign=renters_rights

Our lettings services are built around you, meaning we have flexible lettings packages as well as a deposit replacement scheme, rent protection packages and bespoke property marketing. 🏡

Get started today by getting in touch, or find out more by clicking the link below: 🔗 - https://www.hunters.com/landlords/our-landlord-services/

Struggling to buy your first home? Shared ownership could be your solution. 🏡

This government-backed scheme helps you afford a suitable property for your household. Check out our guide linked below to see if shared ownership is right for you! 🔗 - https://www.hunters.com/guides/buying/shared-ownership-houses-an-estate-agents-guide/

***RECENTLY REDUCED***
PROPERTY OF THE WEEK
ROCKWOOD CRESCENT, LS28
This well kept detached property in a peaceful and popular location with a rear conservatory extension, integral garage, and great commuting links is perfect for families and couples looking for a comfortable and convenient home.

This home is well maintained by the present owners and in great condition. A delightful rear conservatory extension that adds extra living space and opens up to the large private garden.

This property is located in a desirable area, with green spaces, nearby schools, and cycling routes. Don't miss this opportunity to make this lovely home your own. Contact us today for more information!

The RICS net balance indicator reports the balance of surveyors expecting a price rise versus a price fall. It tends to accurately predict price trends 3 to 6 months ahead.

The RICS indicator had been consistently improving since September 2023 but fell back slightly in May and June as the election approached. The push back of expected interest rate cuts to the second half of 2024, would also have been a factor in addition to political uncertainty.

With a new Labour government and greater political clarity, coupled with the real prospect of Bank of England rate cuts on the horizon, this indicator should renew its upward trajectory shortly. Heralding modestly stronger house price growth too.

Whether you're upsizing, downsizing, or just ready for a change, our latest property listings have something for everyone.

Browse through our property listings via the link below:
🏡 - https://www.hunters.com/search-results/for-sale/in-england-and-wales/?orderby=price_desc&department=residential

Whether you're upsizing, downsizing, or just ready for a change, our latest property listings have something for everyone.

Browse through our property listings via the link below: 🏡 - https://www.hunters.com/search-results/for-sale/in-england-and-wales/?orderby=price_desc&department=residential

Choosing the right tenants is one of the most important aspects of being a landlord. 👀

When you find tenants who pay their rent on time and take good care of your property, you can expect a profitable rental experience.

Enhance your chances of achieving a successful and profitable tenancy by following our guide linked below: 🔗 - https://www.hunters.com/guides/landlord/how-do-landlords-choose-tenants/

Choosing the right tenants is one of the most important aspects of being a landlord. 👀

When you find tenants who pay their rent on time and take good care of your property, you can expect a profitable rental experience.

Enhance your chances of achieving a successful and profitable tenancy by following our guide linked below:
🔗 - https://www.hunters.com/guides/landlord/how-do-landlords-choose-tenants/

***PROPERTY OF THE WEEK***
CHERRY TREE CRESCENT, FARSLEY, LS28

Hunters are delighted to offer this MODERN STYLE THREE BEDROOM SEMI DETACHED PROPERTY, situated in a quiet cul de sac position, as part of this well regarded residential village, just to the lower end of Farsley Town Street, only a short distance to the village amenities; cafés, shops, primary schools and Farsley Park.

Farsley village has 2 popular primary schools and is great to access the commuting links to Leeds and Bradford via the Ring Road and the Pudsey railway station. This wonderful property will make for a great family home and viewing is highly recommended in order to appreciate the great location and flexible layout.

As we await the opening of the Paris Olympics, it’s a fitting time to look back on the legacy achieved since the London 2012 Olympic Games.

The London games cost £8.8 billion to stage but had already delivered £14.2 billion in economic value by 2014, with sustainable long term outcomes for the community.

Queen Elizabeth Olympic Park, the largest urban park project in Europe in the last 150 years, exemplifies long-term community benefits, with all Olympic venues still actively used as event, culture or employment hubs.

The London Olympics spurred major infrastructure projects like the Elizabeth Line and Westfield Stratford, with continued development at park sites showing the legacy of the Games twelve years on.

As we await the opening of the Paris Olympics, it’s a fitting time to look back on the legacy achieved since the London 2012 Olympic Games.

The London games cost £8.8 billion to stage but had already delivered £14.2 billion in economic value by 2014, with sustainable long term outcomes for the community.

Queen Elizabeth Olympic Park, the largest urban park project in Europe in the last 150 years, exemplifies long-term community benefits, with all Olympic venues still actively used as event, culture or employment hubs.

The London Olympics spurred major infrastructure projects like the Elizabeth Line and Westfield Stratford, with continued development at park sites showing the legacy of the Games twelve years on.

Ready to make a move this summer? 🌞

Whether you're buying or selling, our local property experts at Hunters are here to guide you every step of the way. 🏡

Get in touch with us today or book your free, no-obligation property valuation: 🔗 - https://www.hunters.com/value-my-property/home-visit-valuation/

Ready to make a move this summer? 🌞

Whether you're buying or selling, our local property experts at Hunters are here to guide you every step of the way. 🏡

Get in touch with us today or book your free, no-obligation property valuation: 🔗 - https://www.hunters.com/value-my-property/home-visit-valuation/

Energy Performance Certificates (EPCs) are essential for buying, selling, or letting homes. Without one, your property can't be listed on the market (unless it qualifies for an exemption). 🏡

Learn how to boost your EPC rating by reading the article linked below: 🔗 - https://www.hunters.com/guides/landlord/how-to-improve-epc-ratings-when-selling-and-letting/

It now takes just 12 days to find a tenant, meaning that over half of all homes are being rented in less than 2 weeks! 🏡



Looking to rent out a flat? You're in luck. One-bedroom flats are currently flying off the books most quickly in an average of 10 days, with 43% let in under a week.



For help with renting your property, speak to your local Hunters office today.

It now takes just 12 days to find a tenant, meaning that over half of all homes are being rented in less than 2 weeks! 🏡

Looking to rent out a flat? You're in luck. One-bedroom flats are currently flying off the books most quickly in an average of 10 days, with 43% let in under a week.

For help with renting your property, speak to your local Hunters office today.

Are you finding it difficult to sell your property? 🏡

Have you considered the benefits of letting it out?

Reach out to us today, and let’s explore how we can help turn your property into a profitable rental.

Hunters York has completed the first Law Society licensed Digital TA6 via Coadjute, the London-based property technology business.

Hailed as a game-changer in the industry, Coadjute’s digital data solutions have helped Hunters Estate Agents to access a range of data sources at the press of a button.

Learn more by reading the article linked below: 🔗 - https://www.hunters.com/guides/branch/york/hunters-york-delivers-the-uks-first-ever-digital-ta6/

No matter how big or small your patio garden is, there are loads of things you can do to bring it to life and turn it into a space that you’ll want to spend time in.

See the link below to read our easily actioned top tips to help you make the most of your patio garden: 🔗 - https://www.hunters.com/guides/home-improvement/how-to-make-the-most-of-your-patio-garden/

As the 137th Wimbledon Championship gets underway, those inspired to recreate their favourite match moments at home will find a choice of 1,050 homes currently available to buy across the country which come complete with their own tennis court.

With a median price tag of £1.35m, this year’s Championship runner-up, with a prize of £1.4m, would be able to afford one.

Homes with tennis courts can be found in every region across the UK but they are most popular in the South East (37%), East of England (14%) and London (14%). Tennis courts attract a higher premium than other features.

Would you like to move to a home with its own tennis court? Let us know in the comments what your dream home looks like. 👀