Market Update | August 2021
Well, what a month it’s been! Team GB have done the whole nation proud with an incredible performance at Japan 2020 and we’ve had a few milestones of our own here at Wards…
This month, we couldn’t have been happier to finally unlock our doors and once more welcome the public back inside – safely – and continue the slow and steady transition back to something that largely resembles normality.
The safety of our customers and colleagues is, of course, still our number one priority so we will continue to observe sensible distancing and sanitary measures. If you would feel more comfortable, our team will be more than happy to wear face coverings… just ask!
There is a little bit of déjà vu in the news this month with the environment, once again, taking centre stage. As searing heat and wildfires rage across parts of Europe, in parliament, a new bill that will raise the minimum standard for energy efficiency in rental properties to ‘C’ by 2025 for new lets began its journey to becoming law.
And it doesn’t stop there, with bolder requirements for all homes to reach the same minimum standard by 2035 and all new homes being carbon neutral by 2025.
Avid market update readers will recall us having raised this point before but now it’s on the pathway into law – shaking up not only the private rental sector, but social and all housing stock too.
Who knows – this really could be the start of the green revolution! We’ll certainly be keeping a keen eye on this story as it develops.
Until next month,
Managing Director of Lettings