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North East Property News

Discover the latest property news from throughout the North East region here at Northern Insight Magazine. You are guaranteed to be kept in the know with up-to-date North East property news, from opening dates and new developments to estate agent updates for residential and commercial properties.

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Property / Insight

Property Of The Month

Issue 47

Property / Insight

Endowment-linked Mortgage Bubble Has Burst – But What Now?

Issue 47

Featured Article
Property / Insight

A Shaggy Dog Story

Issue 47

Which, in the private rental sector is what Governments have achieved so far. I look forward to three out of three, but I am not optimistic. The latest piece of well-meaning legislation is the Tenant Fees Act 2019. When this was announced, it was greeted with howls of joy and social media frenzy. “Agents will no longer be allowed to charge us fees” was the cry. Landlords have costs to bear. Managing agents have staffs, leases, vehicles and business expenses to bear. Managing agents’ choices are limited. Reduce service levels or ask the landlord for a higher fee which will invariably put up the rent. No prizes for guessing which option will be favourite with landlords. So, the tenant pays, one way or the other. Then enter stage left, a hero who will save the day. The tenant might hope for Uma Thurman out of Kill Bill, or Mary Poppins.…

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