Current Statistics ►

From 1st April, all new rental leases and renewals of tenancies will be required to have an energy performance rating of at least E on an Energy Performance Certificate (EPC). For existing tenancies, the regulations come into force on 1st April 2020.

We wondered how much tenants are prepared to pay for energy efficiency. Properties across England and Wales let in 2017 with an energy performance rating of E achieved 3.1% more per square foot than properties let with an F or G rating. On an 800 square foot property, this equates to an average of £360 per year.

The majority of landlords are well prepared, but we calculate that around 7% of properties let in 2017 still need to be brought up to the standard required. Best prepared are London landlords where just 4.9% of properties let last year were lower than an E rating, while in the South West more than 10% of properties did not meet the standard.

At the top of the scale, properties with an A or B rating achieved, on average, 31% more per square foot than F and G rated properties in 2017. On an 800 square foot property, this equates to an average premium of £3,600 per year.

January 2018

December 2017

 

 

We would like to take this opportunity to thank you

for your continued support which has made 2017

such a successful year

and we look forward to working with you

in 2018 and beyond. 

 

 

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This year we have been supporting Christmas Jumper Day in aid of Save the Children UK. Every one has been getting into the swing of things with some festive cheer at both our offices in Falmouth and Penryn, raising a total of £64.70. Not bad for a small team - Well done everyone!

September 2017

After months of hard work, our new website finally went live over the weekend and is looking fantastic! Why not have a good look around and see what amazing new features and information are included. 

www.heather-lay.co.uk


Natalie took part in the Cancer Research Race for Life Pretty Muddy on Sunday 3rd September. It was "pretty muddy" due to the Cornish Autumn weather, but a brilliant time was had by all and Natalie raised a fantastic total of £183.00 for Cancer Research!

August 2017

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Our new banner has arrived today ready for tonight, and it looks great!! We are proudly sponsoring the Pink Wig event which is part of Falmouth Week and raises funds for vital research projects, the best care for breast cancer patients in Cornwall and a safer future for the next generation.​

ECONOMIC NEWS 28 AUGUST 2015

ECONOMIC NEWS 28 AUGUST 2015

Selling Guild 11th September 2015

The Office for National Statistics (ONS) reported that in the second quarter of 2015, the UK economy grew by 0.7 per cent, compared to 0.4 per cent in the first quarter. The Bank of England forecasts that, for the year as a whole, the UK economy will grow by 2.8 per cent, maintaining the same momentum as shown last year, when the economy expanded by 3 per cent – its best result since 2006. The Confederation for British Industry (CBI) has also upgraded its forecasts for this year at 2.6 per cent and next year at 2.8 per cent, based on an expectation of increased household spending, robust investment growth and an interest rate increase to 0.75 per cent in the first quarter of 2016.

The CBI’s revised forecast arose from recent ‘more hawkish’ comments by the Bank of England’s Monetary Policy committee (MPC). At the beginning of the month, the MPC voted by eight to one to leave the Bank Rate at 0.5 per cent, while unanimously agreeing to maintain the size of the Asset Purchase Programme at £375 billion. At the same time, the Bank of England Governor, Mark Carney, warned that the first base-rate rise in more than six years was drawing closer, possibly by February 2016, and that it would climb higher sooner. The Bank simultaneously released its latest Quarterly Inflation Report, which indicated that it expected inflation to be back to its target rate of 2 percent in two years’ time.

In mid-August, the ONS announced that inflation turned positive again in July, with the Consumer Prices Index (CPI) measure rising to 0.1 per cent from zero in June; a smaller fall in the price of clothing was reported to be the main reason, although it was partially offset by falling food and non-alcoholic drink prices. The CPI has been almost flat for the past six months, having turned negative in April for the first time since 1960. The Retail Prices Index measure of inflation was unchanged at 1 per cent.

Residential Sales
01326 319 767

3 Church Street, Falmouth
Cornwall, TR11 3DN

Property Letting & Management
01326 374850

Swingbridge House, Anchor Quay,
Penryn, Cornwall TR10 8GU

Land & New Homes
01326 374850

Swingbridge House, Anchor Quay,
Penryn, Cornwall, TR10 8GU

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