Posts Tagged ‘rent’
BREAKING PROPERTY NEWS – 28/06/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Renting to Students: TDS Poll Confirms Common Issues and Reasons for Disputes in Student Lets PRESS RELEASE: A recent poll by the Tenancy Deposit Scheme (TDS) asked agents and landlords about their experiences when renting to students. The TDS poll discovered common disagreements, the top causes of…
Read MoreBREAKING PROPERTY NEWS – 20/06/2022
Daily bite-sized proptech and property news in partnership with Proptech-X. Renter’s Reform: The biggest upheaval in private renting since the 2004 Housing Act The Renter’s Reform white paper has finally been published and it now looks like things will move quite fast as the white paper appears to essentially be the first draft of the Renter’s…
Read MoreLondon’s best rental spots for lonely hearts as lockdown eases
With lockdown measures easing this weekend, many isolated Londoners will finally be able to venture out in search of other singletons and the best chance of finding them is in Islington, Hackney or Lambeth. However, for those on a more long-term mission, the latest research by international rental marketplace Spotahome has looked at which London…
Read MoreLondon has been the most affordable city for renting over the last five years
According to the latest rental market analysis from deposit replacement scheme, Ome, London has been the most affordable city for renting in England and Wales over the last five years when taking into consideration the increasing cost of renting. Ome dissected rental market statistics from the Office for National Statistics (ONS) across 19 major cities…
Read More40% of tenants in the Private Rented Sector saw their rents rise in August according to ARLA Propertymark
Latest ARLA Propertymark Private Rented Sector Report – August 2018 headlines ‘Rents Hit Record High’. The report reveals that in August, the number of tenants experiencing rent hikes increased to 40 per cent, from 31 per cent in July. This is the highest figure recorded since records began in January 2015. The demand from tenants…
Read MoreNumber of properties available to rent slowly rising according to ARLA Propertymark
Latest ARLA Propertymark Private Rented Sector Report – June 2018 headlined ‘Rising Rents Hit 10 Month High’. The report reveals that the number of tenants experiencing rent hikes rose to 35 per cent in June, up from 28 per cent in May, this is the highest level since August 2017 when the same 35 per…
Read MoreUK housing sales remain subdued according to RICS
Latest RICS UK Residential Market Survey published 12th July 2018 headlined ‘UK housing sales remain subdued as rent expectations continue to heat up’. The RICS survey reveals that: significantly, over the month, newly agreed sales have recorded the sixteenth successive month of continued decline, with 7% more respondents reporting a fall in agreed sales. The…
Read MoreAverage monthly rent across UK for May 2018 now stands at £919 according to Homelet
Latest Homelet Rental Index – May 2018 report reveals that average rents across the UK rose by 2.0% in May 2018 when compared to the same month a year previously. The average monthly rent now stands at £919. When London is excluded, the average UK rental value was £763 in May 2018, this is up…
Read MoreNumber of homes available for private rent falls in England
Private sector tenants face being squeezed as the number of homes to rent falls says the RLA in a recent press release 24th May 2018. The RLA states: According to data published today, the number of homes for private rent in England fell by 46,000 between March 2016 and March 2017. This was the first…
Read MoreAverage London renters need to find over £3000 as tenancy deposit according to Dlighted
Recent research from deposit-free renting firm Dlighted has revealed that the average London tenancy deposit could now stand at £3014 – even when capped at the equivalent of 6-weeks rent by the government’s draft Tenant’s Fees Bill. Dlighted states: The recently published English Housing Survey revealed that 30% of homes in the capital are now…
Read MoreNew year has started in a positive fashion for the rental market in England and Wales says Your Move
The latest Your Move England and Wales Rental Tracker – January 2018 data released February 2018 headlined ‘Strong start to the year for the Engalnd and Wales rental market’ The latest Rental Tracker reveals that average rents have increased by 2.5% in the last year, average rent now stands at £829 per calendar month. 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 MoreNew data from Homelet reveals rents in the UK rose by an average of 1.1% during July.
Homelet Rental Index report for July released today headlines ‘UK rents increase after Spring declines.’ According to the latest Homelet Rental Index the average rent agreed on a new tenancy signed during July was £925, compared to £915 in the same month of 2016, new data reveals rents in the UK rose by an average…
Read MoreUK rental prices fell by 0.3% when compared to last year according to new data from Homelet
The latest Homelet Rental Index June 2017 headlines ‘UK Rents continue to fall’. New data from HomeLet reveals that UK rental prices fell by 0.3% when compared to last year, the second successive month in which rents showed a decline, the average monthly rent now stands at £908. Rents in London fell by 2.6% in June…
Read MoreRecord levels of retirees paying rent according to Countrywide
According to the latest figures from Countrywide’s Monthly Letting Index retirees in Britain spent a record £3.7bn in rent in the last 12 months, an increase of 216% ( £1.2bn) paid by retirees ten years previous, it reveals that retired people make up 8% of all tenants. The index reveals that London has the least…
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