Sustainable Homes: How Energy Efficient Properties are Contributing to the UK Property Market
Sustainable homes create environmentally friendly living spaces through the installation of energy-saving and money-saving products.
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Property Audit Report
A Property Audit Report, or PAR, is a “mystery shop” report carried out by asset managers on behalf of lenders. They independently assess if a customer has been treated fairly in the sale of a repossessed home. Those involved in the process of property repossessions may need to instruct a report. Most reports are carried out by mortgage lenders and their chain of asset managers.
A HMO is a type of accommodation that allows a landlord to rent the space out per room resulting in more people and rent. HMO inspections are vital in maintaining a property. It is recommended that an HMO inspection (mid-term inspection) is completed 2 to 3 times a year.
HMO Compliance
House in Multiple Occupation (HMO) or ‘house shares’ are commonly found in the UK, with the biggest benefit being the cost saving for the tenants letting and tax relief for owner sharing their home. You can read more about running a HMO Compliant Property here.
Who needs a PAR?
Those involved in the process of property repossessions may need to instruct a report. Most reports are carried out by mortgage lenders and their chain of asset managers. We have an extensive track record in the supply of PARs for several of the leading asset management firms in the UK, such as: Aventria Group, AMG, and Savills. Our independent report can be relied upon and therefore protects lenders in the repossession cycle.
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