Posts Tagged ‘rental market’
Onthemarket.com highlights London boroughs where people spend the most of their salary on rent –
Data revealed by property website OnTheMarket.com has shown that, for those renting in London, Camden is the borough where tenants are spending the highest percentage of their salary on rent. The data has revealed that when renting a one bedroom property in Camden, 61% (£1,944.28) of the average person’s salary within the borough is spent on rental costs,…
Read MoreLondon rental market prices fall over last year according to Your Move
Latest Your Move England and Wales Rental Tracker report – June 2018 data – July report headlines ‘London rental market continues to cool.’ The London rental market has continued to cool, with prices falling by 0.5% in the last 12 months, according to the Your Move Rental Tracker. The report reveals that across all regions,…
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 MoreSpike in UK rental market activity for November 2017 according to Agency Express
The latest Agency Express Property Activity Index report for November 2017 headlines ‘Spike in UK rental market November 2017 ‘. Their latest data reveals the national month on month figures for new listings ‘To Let’ sat at 12.6%, and following three consecutive months of decline figures for properties ‘Let’ climbed back to 2.8%. The report…
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 MoreIreland tops the EU league for Buy-to-Let Investments.
According to new research by WorldFirst, Ireland is once again the top European location for buy-to-let investments. This comes as UK yields fall to 4% putting the country in the bottom 5 for buy-to-let investment returns in Europe. UK landlords have seen average yields plummet 19% over the past year following a raft of tax…
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 MoreSupply of private rental properties available in London fell by a third in April according to ARLA Propertymark
According to the latest ARLA Propertymark UK Private Rented Sector report for April, supply of properties available in London fell by a third in April, while only rising marginally on average across the UK. The number of tenants negotiating rent reductions fell last month – 2.8 per cent of agents witnessed tenants successfully negotiating rent…
Read MoreConfusion as to what new tax changes for landlords will mean says AXA
A recent News & Media release 6th April 2017 from AXA headlined ‘Landlords feel unfairly targeted by tax changes’. In their latest study of UK landlords, AXA reveals that far more believe they will be affected than Government estimates suggest, and almost half plan to quit the rental market by 2020, fearing they are being…
Read MoreGood start to the year as rents increase in most regions, says Your Move
The Your Move Buy-to-Let Index February 2017 report released last week headlined ‘Rental market has strong start to 2017’. Landlords enjoyed a good start to the year as rents grew in all regions except one in the year to January 2017 according to the Your Move England & Wales Buy to Let Index. Valerie Bannister,…
Read MoreA record number of Landlords buy in cash last month.
Countrywide yesterday 14th February released their Monthly Lettings Index – January 2017 headlined ‘Cash landlords hit a record high’. In the highlights they reported that January 2017 saw a record 61% of landlords buy in cash, up from 59% last year and 41% in 2007. In the North West of England landlords are most likely…
Read MoreAverage rents ended 2016 higher than they started it says Your Move
The latest Your Move England and Wales January 2017 Buy to Let Index report found that despite a turbulent year average rents ended 2016 higher than they started it. The average property was let for £811 a month in December, compared to the average rent in January 2016 which stood at £790. Across England and…
Read MoreARLA campaigning for balanced legislative solution over letting agent fees.
The Association of Residential Letting Agents (ARLA) has announced that it is reiterating its call to Government to ban upfront letting agent fees at the start of a tenancy and instead spread the cost across the first six months of a rental agreement. ARLA opposes a full ban on fees but calls for them to…
Read MoreMajority continue to pay asking prices in rental market
Countrywide PLC Monthly Lettings Index August 2016 released early this week headlined ‘Central London sees fall in proportion of homes let above asking price’. According to Countrywide Lettings Index for August it shows that less people are paying above asking price to secure rental homes in Central London. Just 8% of homes were let at…
Read MoreShortage of family housing for rent.
A recent news report by Belvoir Lettings posted on their website headlines ‘Stats reveal family housing in short supply’. According to their Q2 rental index it revealed that almost 75% of the Belvoir Network reported a shortage of family housing for the rental market. The survey of Belvoir franchise owners showed a lack of 3-bed…
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