The UK property market has started 2026 with renewed momentum, according to the latest House Price Index from Rightmove. Average asking prices rose by 2.8% between December and January, marking the strongest start-of-year increase seen in the past decade. This uplift equates to an average rise of just under £10,000, taking the typical asking price ...

We've all toasted the New Year with a bit of champers and fizz, and now it's back to reality — readjusting to routines and remembering what day of the week it is. The housing market is going through a similar adjustment. After almost six years of volatility, 2026 is widely expected to make a return to a more stable and recognisable market. Most for...

As some of you may have seen in the news today, the Renters' Rights Act 2025 will be implemented across three stages, with the first to come into force on 1 May 2026, with the tenancy reform measures, that will apply to existing and new tenancies from this date. The tenancy reform measures include: Periodic Tenancies - Assured Shorthold Tenancies w...

We had an amazing evening on Tuesday hosting our 2nd event on the upcoming Renters' Rights Bill (act)! It was great to see well over 100 guests attend the seminar and we hope that you found the information as valuable as we did.  Thank you to our guest speaker Darrel Kwong of DWK Consultancy for providing another excellent talk and all the cru...

Following the success of our recent session, PFK Property Management is delighted to announce a second opportunity for landlords to attend an important event on the forthcoming Renters Rights Bill (RRB).As you may know, the government is set to introduce the RRB, bringing about the most significant changes to the private rental sector since Februar...

In our latest newsletter, find out if now is a good time to sell, seasonal staging secrets, property market predictions for the remainder 2025 and much more...  Click here to read

It's happened again. One minute I'm planning the summer holidays and contemplating which activities to book for my children, and in the blink of an eye, I'm shopping for back-to-school bits and pieces! Next stop, Autumn with pumpkins and Halloween and – you've guessed it - Registration Time for new schools, bet you thought I was going to say Christ...

The Bill may face further amendments before final approval. Both the House of Commons and the House of Lords need to agree on the final wording, and this back-and-forth is expected to begin on 8 September. Once both sides are satisfied, the Bill will receive Royal Assent. The next step is "commencement," which is when the main rules of the new Act ...

We know a lot of landlords won't be ready for the changes coming with the Renters' Rights Bill, and leaving it until the last minute could cause unnecessary stress and risk. Here are some practical steps you can take now to make sure you're prepared. 1. Start with a self-audit Review how you manage your properties and get your paperwork and process...

Owning a rental property can be a great investment, but managing it isn't always easy. Finding the right tenants, keeping up with maintenance, and staying on top of the changing legislation can quickly feel overwhelming. That's where my department steps in. PFK have been working with landlords across the region for years, handling the day-to-day so...

The Bank of England's decision to reduce the base rate by 0.25%, bringing it down to 4.25%, is welcome news for the housing market. For buyers, this shift could lead to slightly improved mortgage rates, offering more affordability and confidence when securing finance. Even a modest reduction can make a meaningful difference to monthly repayments, e...

The longer a property sale drags on, the greater the chance something will go wrong. It's just one of those universal truths, like rainy bank holidays or running out of milk when you really need it.. In the UK today, the average residential transaction can take up to 5 months to complete. Yes, you read that right - five! Now, when I first started i...

How the property market is performing this year, looking ahead in 2025 and six homes with gardens fit for Spring. Discover all and more in our latest newsletter, click here to read

Simon Savage, Co-ordinator of Penrith AFC Ladies & Girls and a couple of the local players kindly paid us a visit yesterday to present us with their new away kit!   PFK are delighted to be able to partner with Penrith AFC Ladies in sponsoring their away kit. We are hopeful that our support will contribute towards the growth of the clu...

Michael Hewitt and Lesley Waugh provide a property market update for Cockermouth, Whitehaven and the surrounding areas.  If you're thinking of selling in and around West Cumbria, you can book a free, no-obligation valuation today by clicking here

Last week, PFK Property Management proudly hosted our first ever Landlord event at Roundthorn Country House in Penrith which focused on the Renters' Rights Bill, with industry expert Darrel Kwong (DWK Consultancy) as our guest speaker for the evening. Over the last 18 months, we have noticed an increase in Landlords instructing PFK to market and ma...

As winter's chill sets in, there's something comforting about retreating to a cozy home that feels like a warm embrace. Tucked away in frost-covered landscapes, these six homes invite you in with their snug interiors - perfect for escaping the colder nights.  Rumney Mead, Watermillock, Penrith - £1,350,000 'A home is not a place ... ...

Carlisle is a historic city located in the county of Cumbria in the North West of England, near the border with Scotland. Known as "The Great Border City," Carlisle has a rich and diverse history that spans over two millennia. Historical Significance Roman Heritage: Carlisle, originally known as Luguvalium during Roman times, was established as a f...

In our latest newsletter, discover how the property market has performed throughout 2024, enjoy six homes with stunning fell views that are currently on the market, find out about our property market predictions for 2025 and much more... Click here to read

The recent UK Budget announcement brought updates that may impact some property buyers, investors, and landlords. Here's a summary of key changes: No Reversal of Upcoming Stamp Duty Threshold Reductions: Despite some speculation, there are no indications the government will reverse its plans to reduce Stamp Duty thresholds. First-time buyer relief ...