Investors return to the market says Rightmove

October 13, 2016
Rightmove logo

Rightmove, yesterday 12th October, published the Rental Trends Tracker for 3rd Qtr which headlined ‘Buy-to-let enquiries up 30% since May as investors return to the market’.

The report mentions: Buyer enquiries from potential landlords and investors are now up 30 per cent since May, new rental listings up on the same quarter last year and asking rents continue to fall in London. Further details and data in the rightmove report see below.

Rightmove’s Head of Lettings Sam Mitchell comments: “Investor activity has bounced back following the stamp duty changes, though some agents report that many investors are looking to knock sellers down on their asking prices to make up for the additional stamp duty they now need to pay . New rental supply has held up despite concerns that the stamp duty changes would lead to less fresh stock”.

Read the Rightmove Rental Trends Tracker report in full click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Booming UK property market demand from Trump’s US

Commenting on how the UK property market is now experiencing a boom in demand from Trump’s US as well as the East, Daniel Austin, CEO and co-founder at ASK Partners, said: “The UK property market is experiencing a surge in demand from US buyers, driven by Donald Trump’s return to the White House, a stronger dollar,…
Read More →
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker 24/01/25

Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 5.02% +0.02% +0.05% 5-year fixed 4.80% +0.03% +0.13% Term Lowest rate Weekly change Yearly change 2-year fixed 4.22% +0.00% +0.14% 5-year fixed 4.07% +0.00% +0.19% Average fixed-term mortgage rates for home-buyers with 5-10% deposits Loan to Value (LTV)…
Read More →
Marketing

10 Social Media Strategies Every Real Estate Business Should Know

Social media has become a dominant force in shaping how businesses interact with their audience. A real estate business, where connections and trust matter immensely, stands to gain significantly by leveraging social platforms effectively. The “breakdown of hours in your life by task social media” reveals just how integral these platforms have become, not only…
Read More →
Breaking News

Nationwide Housing Affordability Report

Affordability stretched, but gradually improving Modest improvement over past year, but affordability remains stretched by historic standards Considerable variation in affordability across occupational groups Affordability most stretched in London and South of England, with North of England & Scotland the most affordable Commenting on the figures, Andrew Harvey, Senior Economist, said: “There has been a…
Read More →
Estate Agent Talk

Will the ‘Our Future Homes’ report address the needs of an ageing population?

Will the ‘Our Future Homes’ report address the needs of an ageing population? By Kevin Shaw at Leaders The government recently published an independent report, ‘Our Future Homes’, which considers our ageing population and looks at how housebuilders can meet the wants and needs of older people. It is widely acknowledged that not enough new homes…
Read More →
Breaking News

Zoopla: Over a quarter of parents ‘lie or break rules’ to get children into their preferred school

Admission Impossible: Over a quarter of parents admit to ‘lying or bending’ rules to get their children into preferred schools Over a quarter (27 per cent) of UK parents admit to flouting the rules to get their children into schools, rising to 38 per cent in London The number who admit lying is on the…
Read More →