Posts Tagged ‘rental’
Homelet’s review of rental market
The Homelet Rental Index (HRI) report posted to their site yesterday reveals that Brighton, Bristol, Edinburgh and Newcastle recorded the largest increase in rents last year amongst the country’s largest towns and cities. The monthly 9HRI) shows that, on average, rents across the UK, excluding Greater London, were 4.9% higher on new tenancies signed during…
Read MoreOur tips for landlords: Make your rental property stand out.
As mortgages are becoming harder to obtain; this especially applies to first time buyers. It is not surprising that people are deciding to rent instead of buying a home. This might seem like an ideal situation for landlords but in fact it starts a fierce competition between landlords and rental prices. So if you are…
Read MoreRents to remain flat into 2016
According to the latest figures released by HomeLet, their Rental Index reveals that rents on new tenancies agreed over the three months to November fell in most areas of the country. November HomeLet Rental Index shows rents on new tenancies remained flat or fell in 10 out of 12 regions of the UK over the three…
Read MoreTax relief cut is bad news for BTL
According to a new survey by Your Move and Reeds Rains, the reduction in tax relief is the reason that 50% of all landlords are currently looking to sell their buy-to-let (BTL) properties, the announced cut in tax relief for landlords to the 20 per cent basic rate has become a major factor for landlords…
Read MoreTenants renting their homes for long term.
The latest findings from the HomeLet Rental Index reveal that over the three months to October the cost of a tenancy outside of London rose by 3.5 per cent when compared to last year. Whilst this level of growth for new tenancies continues to outstrip the rate of inflation, this is much lower than the…
Read MoreIncrease in supply of rental housing
In their monthly private rented sector report for July the Association of Residential Letting Agents noted an increase in the supply of rental housing, however the demand dipped. A third of ARLA agents expect supply to continue to increase over the next five years, rent increases last month were seen by two fifths of letting…
Read MoreStrong demand for Canary Wharf development
Canary Wharf has to be one of the most desired places to live in the capital, in close proximity to central London, an array of pubs and restaurants and close to main underground station and what will be crossrail, no wonder when a new development of appartments came up for sale a couple of weeks…
Read MoreRent 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.…
Read MoreLondon luxury homes – rental up front.
Such is the attraction of living in London that wealthy tenants are paying up to £250,000 rent and deposit upfront to secure some of London’s most luxurious homes, as rich as they may be in their own countries overseas renters need to prove their finances, documents from abroad have no validity to UK landlords or…
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