Posts Tagged ‘rents’
Rents to rise 4% outside of London in 2017 forecast by Rightmove
The Rightmove Rental Price Tracker report released this week for Q4 2016 ( October – December 2016 ). Their forecast for 2017 is that rents to rise 4% outside London. All regions except London recorded a rise in asking rents in 2016, with prices up annually by 3.0%, London recorded an annual price fall of…
Read MoreRental growth slows across Britain
Countrywide PLC yesterday published their monthly lettings Index – September 2016. They state that rental growth has slowed across Britain over the last year, but price growth in Northern cities has remained at a similar rate to recent months. Rents are rising faster in Northern cities than those in the South, most Southern cities have…
Read MoreCountrywide Lettings Index August 2016
Countrywide Lettings Index August 2016 released Monday August 15th 2016 headlines ‘London rental growth slows’. Rents in London 0.5% lower than in July 2015. Stock surge sees the number of homes available to rent in Great Britain rise 23%. Demand from tenants increases too, with 10% more searching for a home to rent. Rents across…
Read MoreHomelet Rental Index (MAY) reveals rents continue to rise.
The May 2016 HomeLet Rental Index reveals that rents continue to rise in almost every area of the country, with 11 out of the 12 regions surveyed seeing an increase over the three months to the end of May, however the pace of rent rises is now beginning to moderate, particularly compared to a year…
Read MoreRecord rent rises across some regions.
According to data released today rents are now rising at the fastest rate for six months, reaching an average of £793 across England & Wales. New all-time records for three separate regions – led by the East Midlands with 8.5% annual rent rises. Landlords see total annual returns (before costs) of 10.7% in year…
Read MoreNew Tenancy rents continue to rise.
The HomeLet Rental Index figures released yesterday show that rents agreed on new tenancies across the UK over the three months to the end of April have continued to grow at remarkably consistent rate. They state: Rents rise in all but one regions of the UK over three months to April, despite concerns about impact…
Read MoreAverage rents rise as landlords get squeezed.
Tenants in the private rented sector (PRS) are now beggining to feel the affect of George Osborne’s policies over the last year, the attack on Landlords has been virtually non stop, last year’s Autumn Budget and Spending Review certainly was the last straw for many property investors, many came out losers following the way tax…
Read MorePrivate rented sector rents continue to rise.
Homelet Rental Index February 2016 The cost of taking on a new tenancy in the private rentals market continues to rise, with the average rental agreement signed in the UK outside of London during the three months to February 2016 costing 4.8% more than in the same period a year ago, new data from the…
Read MoreLondon’s rental growth rate slows
New data from the HomeLet Rental Index report for January 2016 reveals rent prices for new tenancies in Greater London are rising at the slowest rate for almost two years. The South East of England and the East Midlands show highest annual rent increases. Average rent in the UK (excl Greater London) is now…
Read MoreLandlords: How to get more from your property.
For a lot of landlords renting out a property can be a big investment. You will want to get your property out there and make as much profit as possible. So if you find yourself asking “How do can I increase my income from my rented property?” – take a look at our tips below.…
Read MorePressure on House prices and Rents continues.
According to a report by Your Move and Reeds Rains tenants faced the fastest rise in monthly rent bills since 2011 last year, in their monthly index it showed that rents grew by 3.4% during the year, rising £27 on December 2014 to an average £794 per month, also the percentage of all unpaid rent had…
Read MoreHousing shortages and high rents.
Zac Goldsmith the Conservative London mayoral candidate has reportedly said London needs to see housebuilding at a level last seen in the 1930s, he claims that the current housing shortage is a “social crisis.” He has vowed to double house-building in the capital, pledging to ensure homes are built at a rate of 50,000 a…
Read MoreHomelet’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 MoreA quick look back over 2015
As 2015 comes to an end I thought it might be interesting to just look back at some items of news that stood out during the year for those of us involved in the Property Industry, if anyone has anymore to add please do so in the reply section. Month by month 2015 January. Analysts…
Read MoreHouse prices have risen substantially in London.
According to the most recent report from the London Housing Commission house prices in London have risen to 10 times the average wage this year. House prices are now nearly 45% higher than before the financial crisis and an average deposit in the capital costs over £70,000, rents across the capital have also exploded upwards,…
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