Energy Efficiency Rules Are Changing Are You Ready?
2 minute read posted by The NGU Homes Team
The UK government has confirmed that by 2030, all rental properties must achieve a minimum Energy Performance Certificate (EPC) rating of C. This policy, reinstated under the Labour government, is designed to improve housing...
Gateshead Selective License Scheme
2 minute read posted by The NGU Homes Team
We wanted to make you aware that Gateshead Council is introducing new selective and additional licensing schemes across 16 neighbourhoods, beginning 1st June 2025. Following a Cabinet meeting on 18 February 2025, the council...
Durham Property Market: May 2025
2 minute read posted by The NGU Homes Team
🏠 Rental Market Overview Durham continues to offer some of the most affordable rental options in the UK, attracting a steady demand from tenants seeking value outside major urban centers. Average Monthly Rent: £594 as of March...
North East House Price Index: May 2025
2 minute read posted by The NGU Homes Team
As we move through spring, house price growth across the North East is starting to moderate, echoing national trends. Seasonal shifts, increased supply, and economic uncertainty have led to a softening in buyer demand - however,...
Middlesbrough Property Market: May 2025
2 minute read posted by The NGU Homes Team
The sales market in Middlesbrough is showing decent growth showing an increase of 2.8% compared to national 2.6%—making it one of the better areas in the North East for buyers and investors right now. 📈 Property Price Growth...
Base Rate Cut to 4.25%
2 minute read posted by The NGU Homes Team
The Bank of England has just reduced the base interest rate by 0.25%, bringing it down to 4.25% — the fourth cut since August 2024. This move is aimed at supporting the economy and is already having a knock-on effect on mortgage...
What would a Reform win mean for housing?
2 minute read posted by The NGU Homes Team
Reform UK has outlined major changes for the private rented sector if they come into office, and landlords should take note. Here's a quick breakdown of what’s on the table: Reversal of Section 24 Landlords could once again...
Stockton Property Market: April 2025
1 minute read posted by The NGU Homes Team
The sales market in Stockton is showing good growth showing an increase of 2.8% compared to national 2.6%—making it one of the most exciting areas in the North East for buyers and investors right now. Here’s a quick breakdown...
Section 21 Is Ending: What Landlords Need to Know Now
2 minute read posted by The NGU Homes Team
Important changes are coming to the rental market that will impact all landlords — and we want you to be fully prepared. The Government has confirmed that Section 21 'no-fault' evictions will be abolished, as part of the...
North East Property Market Update April 2025
1 minute read posted by The NGU Homes Team
The North East housing market continues to demonstrate remarkable resilience this April, with the average asking price reaching a new record of £186,013, marking a 4.2% increase from the previous year. Key Highlights: Buyer...