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If you were lucky enough to have a spare bedroom in 2020, there is a high chance that you shoved the bed to one side (or got rid of it altogether) to make way for a home office.  In fact, ​​a report from Zoopla suggests that some nine million bedrooms were lost during the pandemic to other uses.

There has been talk about a lack of properties for sale for some time now but a new report released at the end of May has put a figure on the squeeze. Propertymark claims that in April 2022, there were 52% fewer properties available, compared to the same month in the previous nine years. 

Even mortgage lenders have their part to play in our quest to achieve net zero carbon emissions by 2050. The Government has asked banks and building societies to encourage the purchase of eco-efficient properties by offering buyers advantageous products billed as ‘green mortgages’.

While the property industry waits for a date when the Renters’ Reform Bill becomes law, there is an imminent change for all current owners and future buyers of leasehold properties. Here are five important points for anyone involved with a leasehold property.

The Renting Homes (Fitness for Human Habitation) (Wales) Regulations 2022 have significant implications in the extent to which landlords must test and check their properties’ structure, fixtures, fittings, installations, and appliances. Here we take a look at some of the key points…

I hope this installment finds you well and that 2022 is shaping up to be a good year. In the New Year, I alluded to the fact that the Renting Homes (Wales) Act 2016 was due to be ratified imminently and, sure enough, that happened shortly after.

Happy New Year! I hope you enjoyed the festive period and are now looking forward to a healthy and prosperous 2022. In my last blog, I wrote about the effect that the Government’s response to COVID has had on the housing market since March 2020.

Now that winter is truly with us, nature presents us with some challenges; follow our helpful tips to ensure you’re prepared, you’re fulfilling your obligations as a tenant, and you’re living comfortably.

The requirement for landlords who let a property in Wales on a domestic tenancy (regulated, assured or assured shorthold) to register with Rent Smart Wales was introduced five years ago, and the registration is valid for five years.

Demand for rental properties has surged in South Wales over the past 18 months, even remaining steady through the lockdowns, with key worker relocation and relationship breakdown being two examples across a broad spectrum of reasons for people needing to move. This demand, coupled with a lack of supply, has led to an unprecedented rise in rental values.

At Red Key, we recommend landlords follow the latest industry news and ensure they meet all the rules and requirements for rental properties. Read our essential checklist to learn more: