Jemma Russant

I rented one of their properties for just over 2 years – great with initial process, always helpful whenever there were any issues or queries (very responsive & sent out handymen promptly) and very accommodating in the exit process also.

Up and up – Average asking prices in big monthly jump, says Rightmove

Asking prices of property new to the market have jumped an average of 1.3% this month, Rightmove reported this morning.

The monthly rise, which equates to an average of £3,877, is the same as March last year, when there was a buying spree fuelled by the impending rise in Stamp Duty on the purchase of second homes.

There has only been one bigger monthly rise in asking prices in March, and that was in 2007.

The average new asking price is now £310,108.

In the past year house prices in Manchester were 6% up on the year before and 12% up on 2007 when they averaged at £152,675.

The regions with the fastest rate of asking price acceleration are the east and west midlands, followed by the east of England.
New asking prices went up in Greater London by less than 1% on a monthly basis, and dropped in both Wales and the north-east.

Average time to sell is currently 71 days and average stock per branch is 52, including those properties sold subject to contract or under offer.

Amco’s average time to sell calculated since May 2016, is currently 67 days.

New bill for tenants helping to fight homelessness

New Bill set to change the moment that private tenants become homeless

A new Bill aimed at reducing homelessness has been published.

If passed, it would mean that private tenants will not have to wait for forcible eviction by bailiffs before being accepted as homeless by local councils. A notice of eviction would suffice.

The Homeless Reduction Bill has been tabled by Tory MP Bob Blackman, a member of the Communities and Local Government Select Committee.

The Committee earlier this month said it was horrified by the way some people faced with homelessness were treated by local councils – some being sent away with nothing more than a list of local letting agents.

The Bill includes measures to help councils intervene earlier to prevent people from becoming homeless.

It seeks to amend the Housing Act 1996 by:

  • Providing that eviction notices are proof that an applicant is threatened with homelessness
  • Doubling the definition of ‘threatened with homelessness’ from 28 to 56 days

The CLG committee, of which Hunters founder Kevin Hollinrake MP is a member, will now undertake a pre-legislative inquiry to examine whether the Bill will achieve its aims of reducing levels of homelessness.

Richard Lambert, CEO at the National Landlords Association, said: “When faced with eviction, many tenants are advised by councils to remain in a property until forcibly evicted by bailiffs, thus making them homeless and eligible for social housing.

“The NLA has consistently warned that putting vulnerable households in this position puts an unnecessary strain on tenants, private landlords, and the courts service.

“As a result, landlords may become less likely to let property to those most in need.

“By ensuring that councils accept eviction notices as evidence of homelessness, this Bill will take the strain off over-stretched courts, ensure that tenants are properly supported by their local councils, and provide landlords with the confidence they need to let their property out to more vulnerable tenants.”

The full Bill is here