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...
With the big day nearly upon us, we thought now would be a great time to showcase a selection of properties that are ideally fit for Christmas and wrapped in festive charm! Woodside Farm, West Woodside, Wigton, CA7 0LW -£1,150,000 Found in a most serene and secluded location, this remarkable Grade II Listed Farmhouse presents a uniq...
With the end of the year approaching and the weather turning colder, it's a good time to make sure your property is ready for winter. This season is when issues tend to surface, from faulty boilers to overflowing gutters, and it often leads to a spike in urgent repair calls. A bit of preparation now can help you avoid those costly surprises. Heatin...
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...
As of May 2025, the UK's Renters' Rights Bill is making its way through Parliament and is set to bring major changes to the private rental sector in England. The bill is currently at the Committee Stage in the House of Lords, where it's under close review and debate. Key discussions have focused on setting up a Private Rented Sector Landlord Ombuds...
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
I should have written this a week or two ago, but what with children going back to school and the accompanying winter ailments, let me belatedly wish you a Happy and Prosperous Year for 2025. If there is something I hope for in this New Year, it's an improvement in the weather.Last year may have been the hottest year ever recorded, with Earth's ave...
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...