The Strategic Importance of the Property Sector in Cornwall
The property sector plays a central and indispensable role in Cornwall’s economy and long-term sustainability. With a mix of coastal communities, rural areas, seasonal employment and a reliance on tourism, Cornwall’s housing market faces significant pressures that have been exasperated even more since the pandemic. The private rented sector is not merely a commercial activity; it is a critical component of local infrastructure due to the fact that Cornwall locals have been priced out of the housing market, and are therefore reliant on renting property.
A New Academic Year: Lessons for the Private Rented Sector
September marks the beginning of a new academic year, bringing with it structure, renewal, and a sense of preparation. Pupils arrive with timetables, teachers with lesson plans, and educational establishments with strategies designed to ensure success.
The Private Rented Sector (PRS) can draw strong parallels with this process – particularly as it prepares for the most significant legislative reform in decades: the Renters’ Rights Act.
With the abolition of Section 21, a new type of tenancy, and strengthened compliance, landlords and letting agents cannot afford to be reactive. As with education, success will depend on foresight, organisation, and adapting.
ONS Introduces New Tool to access Housing Market Data
The ONS has introduced a new tool which brings together the latest average house prices and monthly private rental prices for local areas, and how they have changed over time.
This is a new product in Beta release, intended to improve the accessibility of housing market data at local level.
Click on this link for detailed data
The Renters’ Rights Bill - Why preparing for change is key to Minimising Risk
I have been decidedly quiet on LinkedIn for the last 4 or 5 days to reflect and take stock of what is happening in the PRS, and to be honest, rest my eyes from all the reading I have been doing over the last 7 months – well more if we factor in the Bill from the previous government.
Research, reading, analysing, interpreting, formatting courses, drafting questions, drafting answers, writing blogs, attending legal seminars & courses, speaking at events, delivering webinars & courses are all part of the remit and require planning. The last time my colleagues and I encountered this volume of work was with the introduction of the Housing Act 2004. I had just embarked on my career in the PRS and sat back whilst my colleagues and barrister / mentor / friend / oracle did the heavy lifting.