Posts Tagged ‘Landlords’
London goes from having the slowest rate of rental growth in England to the fastest.according to Countrywide
The latest Countrywide Plc Monthly Lettings Index report – December 2017 released 15th January 2018 headlines ‘Rental growth accelerates in 2017.’ Last year (2017) rents rose by an average of 2.4%, an increase from 1.8% in 2016 according to Countrywide. The Countrywide report reveals that London goes from having the slowest rate of rental growth…
Read MoreMore landlords exiting the rental market according to Belvoir
Belvoir reveals in their latest Rental Index report – Q3 September 2017. National Rental trend for England Q3 2017: Average rent £804, 0.12% year on year increase in average rents. 1.5% increase from 2016 annual average rent to Q3 2017 average rent. Dorian Gonsalves, Belvoir CEO said: “Our rental index shows that in terms of…
Read MoreRLA calls for a review of the UK Government’s Right to Rent scheme
The Residential Landlords Association (RLA) has called for a review of the UK Government’s Right to Rent scheme asking for a full review of the scheme’s impact on tenants. The RLA has revealed that over 40 per cent of landlords across England and Wales are wary of renting to those without a British passport. The…
Read MoreARLA Propertymark reveals trends and expectations for 2018
In a press release yesterday from ARLA Propertymark, they analyse their lettings data for 2017 to reveal trends and expectations for 2018. To read ARLA Propertymark’s 2017 overview of the private rented sector in full click here David Cox, Chief Executive, ARLA Propertymark comments on the findings: “It was always going to be an interesting…
Read MoreStamp duty abolished for First-Time Buyers in Autumn Budget.
Chancellor Philip Hammond delivered his Autumn Budget yesterday, the headline announcement which he left to last was that stamp duty will be abolished for all first-time buyer property purchases priced up to £300,000, with immediate effect. In the more expensive areas such as London stamp duty will be abolished on the first £300,000 of properties…
Read MoreAn increase in the number of Landlords buying in cash according to Countrywide.
The latest Countrywide Lettings Index report – October 2017 released yesterday headlines ‘Cash landlords spend a record £21 billion’ The report reveals that: The rising number of landlords buying in cash means that over the last year they spent more than at any time in the last decade, a record 65% of landlord purchases over…
Read MoreOne third of private renters are worried they will have to move home in the next year according to Generation Rent
One third of private renters are worried they will have to move home in the next year, according to a new Survation poll commissioned by Generation Rent. In a recent blog from Generation Rent posted by Dan Wilson Craw it mentions: ‘With home ownership unaffordable and council housing unavailable, private renters are living longer in…
Read MoreRents rose in all regions across Great Britain (yr on yr) according to Countrywide
The Countrywide PLC Monthly Lettings Index – September 2017 published today headlines ‘Rental sector grows as Landlords expand portfolios.’ Rents in Great Britain rose 1.6% year-on-year as rents in Greater London grew for the second consecutive month. Countrywide research reveals: Today fewer landlords and more rental properties means the size of the average landlord’s portfolio…
Read MoreUK average rents in August rose 2.4% compared to the same month a year ago according to Homelet
Homelet Rental Index August 2017 released today 18th September 2017 reveals ‘UK RENTS CONTINUE TO RISE IN AUGUST.’ Average rents across the UK rose by 2.4% in August compared to the same month a year ago, the highest rate of annual inflation since November 2016; the average monthly rent now stands at £939. Rents in…
Read MoreRents in London rose for the second consecutive month according to Countrywide
The latest Countrywide PLC Monthly Lettings Index – August 2017 headlines ‘Rental sector grows as Landlords expand portfolios.’ Rents in Great Britain rose 1.6% year-on-year as rents in Greater London grew for the second consecutive month. The Index shows that the number of landlords has fallen over the last two years despite a rise in…
Read MoreARLA Propertymark reponds to fees ban consultation in Wales
ARLA Propertymark recently responded to fees ban consultation for Wales. They submitted their views to the Welsh Government’s consultation on fees charged to tenants in the private rented sector, arguing that if fees to tenants are banned outright landlords are likely to pass on higher agents’ fees to tenants in the form of higher rent.…
Read MoreAn increase in numbers of rental properties in London being used for short-term holiday lets (Airbnb)
An increasing number of rental properties in London are being used for short-term holiday lets using websites such as Airbnb and are no longer available for long-term renting. New research by the Residential Landlords Association (RLA) across the capital has found that there has been a 75% increase in the number of multi-listings on Airbnb…
Read MoreRecent data from Your Move has revealed that the average tenancy length in the UK is now 20 months
The rise of Generation Rent: Average length of rental tenancies across the UK now almost two years, latest data from Your Move reveals In London, the home of Generation Rent, the average tenancy length is 20 months, whilst the commuter belt sees the longest tenancy length in the whole of the UK, at 44 months…
Read MoreGuide to tenancy agreements: top 5 things tenants miss!
Though many tenants take a minute or two to glance over their tenancy agreement before they sign, most don’t read the small print before putting pen to paper. This can cause renters to miss vital details that affect both their tenancy and their finances. To help ensure you have all the information you need before you move in, here’s our guide to tenancy agreements and the top five things tenants miss.
Read MoreRental growth in london turned positive in July according to Countrywide
Countrywide plc Monthly Lettings Index July 2017 released today headlines ‘Rate of rental growth doubles’ The annual rate of rental growth in Great Britain doubled between June and July to 2.2%, driven by a turnaround in the London market. Rental growth in london turned positive in July following eight months of falls. A shortage of…
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