News from Peter Martin (London) Ltd

Below is our latest news

Rising lettings prices

The lettings market continues to rise with a Rightmove report revealing a 0.7 per cent increase in property prices being listed in the last month. This is actually seen as a return to normality as the average September increase over the last 10 years is 0.6 per cent.

Written by: Toby Dawson

Gas Safety Week

The 12th of September was gas safety week, did you miss it? Almost 50% of landlords have been denied access by their tenants to carry our checks, revealed from a Landlord Action survey. With last week marking gas safety week, it is a good reminder for landlords to check the status of their properties.

Written by: Toby Dawson

New Carbon Regulations

If you are a landlord then these new regulations starting on the 1st of October will apply to you, with a possible £5,000 fine if your property doesn’t comply.

Water Restrictions

Walking around London you would have likely noticed a different shade of grass, it is not just the peak temperatures reaching above 40 degrees but also a significant drop in rainfall. This brings up the question that is very rare to the UK, should there be any water restrictions?

Written by: Toby Dawson

Lettings market strong beside slight dip

To say the lettings market is hot right now would be an understatement, stock is being let as fast as it arrives. There has been a huge increase to rental yields with some northern areas pushing 8.3% at their peaks.

Written by: Toby Dawson

Gove Fired, Clark Returns

Prime Minister Boris Johnson fired Michael Gove on the 6th of July 2022, a well respected MP and chief architect of the white paper released by the government called ‘A fairer private rented sector’. The man given the task of replacing him is Rt Hon Greg Clark who was given the job on the 7th of July 2022. He has inherited a huge task laid out in the white paper with the additional challenges of the current state of government.

Written by: Toby Dawson

No Rent Control

In the 2021 London mayoral election, a critical campaign message from Labour Mayor Sadiq Khan was to freeze private rents and control them through proposed ‘London Private Rent Commission’. The Department for Levelling Up, Housing and Communities have removed all support for such a scheme in their latest white paper.

Written by: Toby Dawson

AST & Section 21 Abolished

On the 16th of June the white paper; ‘A fairer private rented sector’ was released by the A fairer private rented sector. This sets out how the government wants to reshape the private rented sector (PRS) with the goal of delivering a better deal for tenants.

Written by: Toby Dawson

Landlord Obligations & Oversight

In February 2022 the government published a white paper which stated all landlords would be required to be listed on a register, that paper was a teaser for what came on the 16th of june in the ‘A fairer private rented sector’ white paper.

Written by: Toby Dawson

HMO Decline

Across England there has been a 3% drop in HMOs between 2020 and 2021, with London being the primary influence having a 13% reduction across the capital seeing places like Barnet declining by 37%.

Written by: Toby Dawson


We would be happy to value your property without obligation or charge. Our knowledgeable & experienced team will provide you with an honest & accurate market appraisal of your property based on market trends. We can also offer advice on current legislation and how best to present your property to prospective tenants & purchasers.

Specialist Marketing

Good marketing begins with appealing images, an accurate floorplan and an appropriate description with supporting information. In order to ensure full exposure, as well as on our own web site, we advertise on the major property portals, social media and other selected mediums. Once we have these solid foundations, our talented and experienced sales team takes over!.

Property Management

We offer a very polished and thorough management service. We are able to deal with all aspects of the day to day running of your tenancy on your behalf and are able to advise on contractual and legislative matters in what has become an increasingly complex contractual and legislative environment.

Project Management, Design & Build

We offer a complete service and are able to deal with all aspects of your refurbishment and/or build including; architectural services, planning applications, building control, general contractors, specialised contractors, finishes and management.



Holding Deposit - One week's rent, apportioned to first month's rent

Security Deposit - Five weeks rent if rent per annum below £50,000, six weeks rent if above £50,000

Unpaid Rent - Interest at 3% above the Bank of England Base Rate. Interest will not be applied until the rent is 14 days in arrears.

Lost Keys -  Tenants are liable for the cost of replacing any lost keys and/or security device including the costs of replacing any locks and/or security device if required. 

Changes to the tenancy agreement (Tenant's Request) - £50 inc. VAT (or reasonable costs if higher). 

Early Surrender of tenancy (Tenant's Request) - Should a tenant require an early surrender of their tenancy and should the landlord agree, the tenant will remain liable for the rent due under the tenancy until the date a new tenant takes up occupation of the property. The tenant will be required to cover the landlord's costs in connection with the  surrender of the tenancy and the re-letting the property