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Inflation rises to 3.5% The battle with the cost of living is back with inflation rising to 3.5% way above the governments target of 2%. But still way below the double digit inflation we experienced a few years ago. The rise has been put down to the recent rise in household bills. However, the rise in National Living Wage and higher National Insurance Contributions for employers will have also had an effect as businesses raise prices to cover these increases. We must wait to see if this changes the Bank of England stance on reducing interest rates. There had been hopes that the base rate would continue to fall through 2025.
Performer of the Month (part 2) April was a great month and therefore we have broken with tradition and crowned two members of our team. Congratulations to Lewis Hamilton – Senior Negotiator in Great Yarmouth Office. Lewis was nominated by both Great Yarmouth Office Associate Director, Chris Fielding…and Office Manager Jackie Reed for contributing to a fantastic new sales month and delivering excellent customer service in the process. Well done Lewis!
Performer of the Month (part 1) In a break with tradition, we have two performers of the month for April. Firstly, congratulations to David McMaster who worked his absolute socks off in April including securing, doing the admin for and launching over 40 new managed properties for our rental department! Well done David and here is to a fantastic May!
Can I see your passports Mr/Mrs Landlord If you have sold a house recently you will be aware of the need for estate agents to do ID checks on their clients as well as house purchasers. We also have to carry out various anti money laundering (AML) checks through the process. From mid May these checks will also need to be made against Landlords and Tenants. We already have to see ID for tenants as part of our ‘Right to Rent Checks’, however, we will also need to do the AML checks. ID and AML checks will also need to be carried out on landlords. The good news is that these won’t need back dating on current tenancies unless there is a change such as a renewal (soon to disappear under Renters Right Act anyway). So, if we do ask to see your ID we do apologies for the intrusion. However, you should take it a reassurance of our diligence and compliance with property law and regulations
Easter Opening Hours Good Friday 10am to 1pm Easter Saturday Normal Hours Easter Sunday Closed Easter Monday Closed Back to normal 9am Tuesday 22nd April! Wishing all our clients and customers a happy and restful Easter!