The Autumn Statement
Today is the Chancellor's Autumn Statement.
Lots of rumours flying around regarding tax, spending and the property market!
All will be revealed at 12.30pm!
The Power of Relaunch!
Over the past month one of our offices has arranged and carried out full relaunch of three properties for clients.
All three had been for sale since the summer with competitors with limited success and no sale achieved.
We retook photos at new angles, prepared new marketing material and shot video tours where appropriate. We applied upgraded Rightmove listing to all three.
We are delighted that all three properties are now sold stc.
As we move towards the end of the year many sellers will be thinking of changing agents or withdrawing from the market and relaunching in the New Year.
If this is you call us today and we can come and see you, discuss your requirements and get your relaunch for 2024 scheduled.
Renter’s Reform Bill
The King confirmed yesterday at the state opening that the Renter’s Reform bill will pass through parliament before the next election.
However, it will be a ‘watered down’ version with the scrapping of Section 21 ‘no fault evictions’ delayed until the court process can be improved and streamlined.
King Charles said: "Renters will benefit from stronger security of tenure and better value, while landlords will benefit from reforms to provide certainty that they can regain their properties when needed."
The bill aims to improve security for tenants whilst giving landlords more rights when dealing with problem tenants.
We will update further as the bill moves through parliament!
Beatrix back where she started!
After spending the post lock down years in Gorleston and more recently Great Yarmouth offices, Beatrix is back in Lowestoft office.
She joined us in 2015 as an apprentice. Never one to sit still her career with her as progressed to the point where she was keen to work in other areas. However, being a Suffolk girl, it made sense for her to now apply the wealth of experience she has built ‘south of the border’.
Beatrix will be carrying out market appraisal, agreeing sales, overseeing transactions and carrying out viewings.
If you would like to talk to Beatrix about buying or selling call her on 01502 565432 or This email address is being protected from spambots. You need JavaScript enabled to view it.
Scrapping of section 21 delayed
So called ‘no fault evictions’ known formally as ‘section 21’ are a very controversial part of private letting.
They allow landlords to give tenants notice to leave the property without having to give a reason. This is usually as they want to sell or live there themselves, however, section 21 has also been used by some landlords to threaten or bully tenants who complain about conditions or rent increases.
The government have been promising to end section 21 since 2019. However, this has now been pushed back further whilst changes and improvements to the court system are accelerated.