The private rented sector for both Bath landlords and Bath tenants is facing immense challenges, with a shortage of available homes for rent putting renters under significant pressure. And you can see why when the average UK rent in 2021 was £1,381 and in 2023 it has been £1,706, an increase of 23.53%. Let’s look
Tag: market
The average house price in Bath has increased by 195.9% to £535,700 in the last 20 years, a profit of £354,650 That means, when adjusted for inflation in those two decades, Bath house prices have risen in real terms by 123.8% What does this mean for existing Bath homeowners and first-time buyers trying to get
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How Many Legal Obligations Do Landlords Have?Do you know how many diff...
Traditionally, if you had not sold your Bath home by the first week in November, you would normally have to wait for the house sellers to return in the famous Boxing Day rush on the portals (Rightmove, Zoopla etc) to get potential buyers interested. Yet matters have been different this year as the various lockdowns
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The Great Pet DebateWhat does the government&...
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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Is buy-to-let still profitable?Rising interest rates, Se...
Everything you need to know about the property rental market in October 2021. This month: an in-depth look into Bath’s rental property shortage. More Reside records fell by the wayside during October, with more properties let over the course of the month than any preceding October since the company’s inception. Our average letting time was
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The Future of the Bath Buy-To-Let Market in 2022The headlines… Bath ren...
Bath is justifiably renowned for its magical Christmas market, which sees thousands of visitors flood to the city to explore the two hundred timber chalets stocked with festive gifts and cheer. Many local residents, however, eschew the market in favour of the exceptional independent shops which make a Bath unique shopping destination all year round.
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Why Are There So Few Bath Homes For Sale?52% drop in the number of...