Latest News
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A big Aldreds welcome to Honnie Gray who is our new Trainee Negotiator in our Gorleston office.
Honnie may be familiar to some of you having previously worked at a Bureau de Change locally.
Honnie can be contacted on 01493 664600 or
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Interest Rates Rise!
The Bank of England has announced a rise in the base rate of interest to 4% as a reaction to the threat of rising inflation to the UK economy.
Most lenders hedge their approach to lending and expected rate rises are often already built in to mortgage lending rates. In fact, some mortgage lending rates have fallen back this week as lenders take a medium/long term view!
As we move towards 2027, we seem to be in a mortgage and lending market that is stabilising.
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We are hiring!
We are looking to directly employ an inhouse Inventory Clerk. Must have previous experience, own car and looking for flexible working. The position will involve carrying out inventories and check out reports for our rented properties and can be expanded to dealing with any TDS disputes that arise but this isn't essential.
Interested?
Email
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A move in 2027?
As we move through November, it may be to late to get moved this year unless you have already started the process. However, many people will be starting to make plans for a move in 2027.
We would love to come and see you now so that we can discuss your property and how we can help you next year. We can give you an up to date market appraisal and discuss your property search.
If you are considering a move in 2027 give us a call today
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Further Budget Update
Landlords were hit again yesterday in the budget when the Chancellor announced that income tax on let properties will no longer rise by the 2% across all brackets (announced by Rachel Reeves last year) but 4% from April 2027.
On top of other costs that are hitting landlords such as the National Landlord Database, Make Tax Digital, increased compliance due to the Renters Right Act and in some areas, selective licensing this is another measure that will push some landlords to leave the market completely.
If you are managing your own properties and you are looking for advice from an agent about how to maximise your returns call us today on 01493 849111 or
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Budget Breaking News!!!!
The chancellor has just sat down and John Healey announces that a First Time Buyer ISA will replace the Lifetime ISA in his budget.
The chancellor also announces the Your First Home Scheme, new to first-time buyers who "don't have the bank of mum and dad behind them".
From next Spring, the scheme - widely trailed - is an equity loan scheme he is funding with £4.7bn of government-backed lending.
It is expected to be open to first-time buyers with a deposit of 2.5% and provide buyers with an equity loan worth 20% of the value of the new build property.
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So Long Danny!
All the best and good luck to Gorleston office Senior Valuer, Danny Wright who is off to train as a Chartered Surveyor. We know you will smash it Danny!
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Capital Gains Tax – Budget 2026
There were strong rumours that the chancellor, John Healey, was looking at equalising capital gains tax with income tax in the upcoming budget.
A move that seems sensible but may have the effect of actually raising less tax as investors, landlords and individuals hold on to assets rather than selling. This especially effects landlords who may be looking at selling their investment properties.
In recent days it appears that this move may be less likely. However, next week we will all find out!
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The Budget is only two weeks away
Two weeks today The Chancellor of the Exchequer will go to the dispatch box to announce the governments next budget.
At this stage it seems unlikely that we will see any changes to Stamp Duty applied to house purchases. Any snippets we get between now and 28th October we will share with you and update via our social media anything relevant to the housing market that is announced by John Healey
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Tenants with Pets – How The Renters Rights Act has changed things
Most of Renters Rights Act 2025 (RRA) came in to force on 1st May 2026 and one of the big changes is towards tenants with pets.
Before the RRA it was very much up to a landlord whether they accepted pets. Some had a blanket ban, others said yes whilst some took a view on the number and types of pets before making a decision.
Under the RRA tenants must submit written requests for pets, however, landlords can only refuse on certain grounds such as the animal is illegal, the over lease (mainly flats) bans pets or other tenants in shared properties are allergic. Landlord being allergic is not a valid reason to refuse.
Landlords must tread carefully when considering pet requests and make sure their decision is inline with The Renters Rights Act 2025
