There are many diverse types of rental accommodation in Norwich from
shared houses, HMO’s, student accommodation to many flats and larger
houses. Rent amounts can vary massively, as in most areas dependent on
the type of accommodation and what is included in the price such as
broadband, energy costs etc.
As in most areas, Norwich offers spare
rooms as well as rooms to rent in HMO’s, many catering for the student
population but also encouraging professional individuals.
Latest News
Rooms To Rent in Norwich and What the City Has to Offer
Energy Price Cap To Increase in January 2024. Increases for Tenants and Landlords
OFGEM has announced that the Energy Price Cap will increase from 1 January 2024.
This will affect most consumers who are not on fixed rates tariffs at this time.
The price of energy for a typical household who use gas and electricity and pay by Direct Debit will go up by £94. This will take the price cap from £1,834 to £1,928 per year.
This increase will affect both tenants who pay their own bills or have an energy supply contract and Landlords who include bills in the monthly rent.
Autumn statement 2023 – What it means for Rooms For Let Landlords and Tenants
In January 2023, Prime Minister Rishi Sunak set out his 3 main economic
priorities for the coming term. Those priorities were to halve
inflation, grow the economy and reduce debt. The Autumn Statement aimed
to reinforce these commitments with a plan to see success on these
fronts. With the rate of inflation at 4.6% in October 2023, the
government claim to have met at least one of those commitments. However,
it is unclear what steps to government took to allow them to claim
ownership of this reduction.
Inflation was widely expected to fall as
the large energy and fuel increases from the previous year dropped out
of the equation.
Government Changes to EPC Rules for rented properties Scrapped
The UK Government has recently scrapped (October 2023) proposals for changes to Energy Efficiency standards previously due to be introduced in 2028. This was announced in a review of green policies and means the scrapping of proposals to force all Landlords to adopt a minimum standard of energy efficiency for rental properties.
Renters Reform Bill – Ban on No Fault Evictions Delayed
The Renters Reform Bill is a proposed piece of legislation in the United
Kingdom intending to change the law on renting homes including the
abolition of no-fault evictions. It is also intended to abolish fixed
term assured tenancies and assured shorthold tenancies in favour of
periodic tenancies.The ban on no fault evictions has been delayed with no commitment to a future date.