Yorkshire based independent residential & commercial chartered surveyors.

Knock-on effect of bedroom tax on the housing market, landlords and tenants,

Knock-on effect of bedroom tax on the housing market, landlords and tenants

When bedroom tax was brought in, April 2013, it was meant to incentivise movement of social housing tenants from larger to smaller homes by cutting the ‘spare room subsidy’- part of their housing benefit if they had an extra room. The idea being that tenants in social housing which was too big for their needs…

Latest Property News from Nethouseprices

Follow each link below for more up to date information on the latest property news: Activity soars for valuers throughout the busy summer… Valuations activity is up almost 60% compared to this time last year.. Read More Why can it take so long to sell leasehold properties? Conveyancer requests information but just getting it back…

July 2015: Residential Market Survey

A steady demand in growth and a lack of stock continue to drive price higher Buyer demand rises at the fastest pace since February 2014 Prices gain momentum for a sixth consecutive month Limited stock continues to act as a restraint on both transactions and new instructions The RICS Residential Market Survey for July 2015…

June 2015: Residential Market Survey

Demand see further moderate rise while price momentum accelerate- RICS Buyer enquires increase moderately across the majority of areas Price momentum continues to rise and expectations strengthen New instructions remain in short supply, with respondents seeing a slight fall over the month The June RICS Residential Market Survey shows a further rising increase in price…

Pensioners struggling to downsize leave 7.7 million spare rooms unused

The older residents of the UK are struggling to find suitable housing to downsize to leaving them stuck living in properties that have an overall worth of £820 billion. Research carried out by Legal and General and the Centre for Economic and Business Research highlight that the lack of suitable homes is leaving a mammoth…

May 2015: Residential Market Survey

‘Prices gain further momentum as supply tightens once more and demand picks up speed’ -RICS Buyer demands increase at a rapid pace since April 2014 New instructions continue to fall with average stocks per surveyor hitting a new low Near term price expectations tick up, led by London The May 2015 RICS Residential Market survey…