Posts Tagged ‘income’
Ever increasing rents in London
Labour’s London Assembly housing spokesperson Tom Copley AM has warned that the average rent for a two-bed home in the capital will hit £2,007 a month by January 2020 if rents continue to rise at their current pace, such a rent would mean a single earner in the household would have to earn almost £120,000…
Read MoreAGENTS SHOULD SEEK OUT £1.5BN FEE INCOME FROM BUY-TO-LET
THE founder of the dedicated property investment search portal, Buy2Let.com has today warned that estate agents shying away from buy-to-let in the wake of new Government measures to try and stifle the market are missing out on their share of £1.5bn in fee income. Martin Wilkinson, who launched the portal this summer, says that despite…
Read MoreProperty purchase stats for over 55’s
Research by Insurers Prudential says that its figures suggest that involvement by householders currently over the age of 55 will account for more than three million property transactions, worth a total of more than £775 billion. Investing in property remains popular with the over 55’s says the insurer, the average maximum purchase price for their…
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