52% drop in the number of properties for sale in Bath in the last 12 months. 402 Bath homes have sold (stc) in the last three months alone, taking the time from the ‘for sale board’ going up to sale agreed to a median of 42 days. The £200k to £300k price range in Bath
Some Bath landlords could face bills of between £11,000 to £14,000 as Michael Gove, the Housing Minister, declared an attack on poor quality private rental homes. 2,114 Bath rental properties could require upgrading. The Government announced in their ‘Levelling Up’ White Paper last week, they plan to introduce a new minimum standard for private rental properties.
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Propertymark Housing Report: January 2023 The latest Propertyma...
Everything you need to know about the Bath rental market in January 2022. This month: just how bad is the Bath property shortage? Tenant demand has far exceeded property supply for the last 12 months, but just what is the extent of this property shortage? As Reside’s Toby Martin discusses in the above video, the number of
The Housing Minister, Chris Pincher, has suggested older homeowners are “rattling around” in their homes as they are too big for them. He implied they are selfish and should sell up and move to a retirement home when he spoke to a committee in the House of Lords. He stated that many British homes are
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Bath Property Market to Crash in 2022?According to some newspap...
Rishi Sunak’s budget holds little of interest for landlords, but a support scheme is announced for vulnerable tenants For landlords, the most salient parts of the Autumn Budget were the omissions, rather than Rishi Sunak’s raft of announcements. There was no mention of Capital Gains Tax, nor was there any review of stamp duty. This
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Toby Climbs Everest For Charity (Sort of)The Sofa to Summit challe...
Reside has been named as one of the country’s leading letting agents in the largest and most rigorous analysis of the nation’s property sector. The Best Estate Agent Guide, which is produced by The Property Academy in conjunction with Rightmove, is the only industry award which does not require agents to nominate themselves or pay
Reside General Manager Toby Martin brings you news of the rental market in August 2021. As inevitable as an England batting collapse, August was yet again another busy month for the rental market. Recent trends of property supply being outweighed by tenant demand reached new heights, as competition for properties contributed to us letting more than 50%
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Beware Black Friday…or: why you should...
Reside’s Toby Martin on how to get to the front of the queue in such a competitive market. Since the beginning of 2021, the rental market has been overwhelmed by demand from tenants looking for new homes. At the same time, supply of available properties has dwindled, thereby creating a very difficult environment in which
Reside General Manager Toby Martin rounds up rental market activity in July 2021. A month of frenetic rental activity resulted in Reside’s busiest July since the company opened in 2008. July 2020 had set a new high for lets agreed over the course of the month, but this year proved busier still. New applicants registering for properties
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Reside Named in Top 5% Of UK AgentsReside has been named as ...
In news that may not be of direct relevance to our tenants and landlords in Bath, but could nonetheless be a suggestion of things to come, the Welsh government has introduced a bill that will permanently extend minimum notice periods for landlords. The new legislation, which will be implemented before the end of the current
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Has the Bath Property Market Peaked?Should you buy now or wai...
