Halifax HPI for August

Halifax House Price Index figures for the month of August released today show that house prices for the UK in the 3 months to August  were 9% higher than in the 3 months a year earlier, lower than June at 9.6%, but higher than last month at 7.8%, house prices increased by 2.7% between July…

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Greater powers when tackling rogue landlords

The London Mayor wants greater powers to deal with so called rogue landlords who rent out property to tenants in the capital, Richard Blakeway the lead for housing to the Mayor is calling for additional powers for local authorities when dealing with these rogue landlords,  including the ability to impose minimum fines. These demands made…

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Increasing pace of rent rises

I think most agents would agree the housing supply figures are confusing to say the least when it comes to working out why there is a shortage of affordable housing, this shortage however is the problem behind   house prices and rents continuing to rise. Rents are up 4.6% on a year before, average rents in…

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Cheaper to buy rather than rent

When it comes to deciding whether to rent or buy, figures  favour buying as the best option,  research shows that almost £700 a year in savings can be made   by the FTB, this figure however has narrowed as house prices have increased, a savings drop of 34% recorded over the last year. The biggest hurdle…

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Private rent rises cause concern

Official figures show that private rents have risen across England by an average of 2.5% in the last year, this has caused a reaction by Housing campaigners to push the government to act to stem such rises. The Office for National Statistics index of private housing rental prices show the biggest rise was in London…

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Even greater demand for rental property

According to research by the Countrywide plc, the UK’s largest property services group, increasing numbers of landlords are able to re-let their property before the existing tenant moves out. The average UK property is taking 32 days to let, that is the lowest figure on record, over half of new lets in London are agreed…

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Rent rises across UK

It has been reported that rent rises across the UK have matched the pace of Greater London for the first time,  figures from HomeLet shows that the pace of which rent has risen from April 2014 to the same month in 2015 in London was 7.5% The UK’s average price per month has hit £916.…

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UK House price growth

House prices are on the move up according to various reports, according to the  mortgage lender Halifax house prices rose more strongly than expected last month and now the Royal Institution of Chartered Surveyors’ (RICS) monthly house price balance rose to +21 in March. These reports supported by Bank of England data showing that last…

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Energy improvement concerns for Landlords

Energy and landlord organisations had called upon the Chancellor to extend the Landlord’s Energy Savings Allowance and were hoping for it to be addressed in the budget, as it turned out there was nothing in the budget that dealt with the allowance. The allowance will therefore now come to an end in April, the allowance…

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Checklist for renting a property.

When you decide to rent a property, a considerable amount of time and money is spent in selecting something that suits your respective needs and unique preferences. Moreover, the property that you rent could be your home, office, storage area or workshop for the foreseeable future. Therefore, it always helps to ensure that you are…

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Rent Increases, Landlord and Tenants Responsibilites When Renting Privately

With rising house prices, renting property in the UK is very popular and when engaging in this particular process, both the landlord and the tenant should be equipped with certain information which is very crucial. Some of the important facts are discussed below: Your privileges and responsibilities In all independently houses or flats to rent you’ll…

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