Posts Tagged ‘rents’
Plans to deregulate social housing sector.
Speaking at the Communities and Local Government Committee meeting about the housing association sector and the Right to Buy, Brandon Lewis has announced a deregulation package for the social housing sector. A change to the approach on high income social tenants, this will now be voluntary for housing associations and this is to make the…
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 MoreEver increasing rents in London
Labour’s London Assembly housing spokesperson Tom Copley AM has warned that the average rent for a two-bed home in the capital will hit £2,007 a month by January 2020 if rents continue to rise at their current pace, such a rent would mean a single earner in the household would have to earn almost £120,000…
Read MoreAverage rents fall in October
Rents reached an all time high in September of £816 a month across England and Wales, October saw a small reduction down to £806 a month, just a dip of 1.2%, however rents are still 4.7% higher than a year ago, this is according to Your Move estate agents. Despite the slowdown in rent rises…
Read MoreRent rises moderate across UK
According to the latest findings from the HomeLet Rental Index, rent rises slowed in every region of the UK over the 3 months to August 2015 compared to the previous 3 months, however rents are still rising at double figure rates on an annual basis and now stand at 10.5% higher than a year ago.…
Read MoreLondon house price rises continue say RICS
House prices are still rising in London caused by fewer instructions to sell and rising buyer demand, the number of homes coming on to the market remains at its lowest level in at least three decades, according to the latest RICS UK Residential Market Survey, In London 34% more respondents saw prices rise over the…
Read MorePetition to reverse planned tax relief changes
In a recent article in one of the major financial papers it warns that the buy-to-let boom is now coming to an end, it puts the reasons as the removal of yield-enhancing tax reliefs and an impending interest rate rise. It reported that 80% of new homes built since the turn of the century have…
Read MoreRise in the average house price in UK
UK average house prices rose by 5.7% in the year to June to hit £277,000, up from a rise of 5.6% in the year to May, that according to the Office of National statistics. These figures were reflected by rises in England , Wales and Northern Ireland, Scotland however saw a drop for the first…
Read MoreHousing becomes a complex challenge
The housing crisis in Britain is a massively complex challenge for the government who quite honestly appear to be finding it difficult to cope with, none of the proposals put forward so far offer any hope of improvement in the near future. Government plans to extend the right-to-buy to housing association tenants is hitting an…
Read MorePoorest priced out of Oxford.
The National Landlords Association (NLA) is requesting that Oxford City council changes its homes in multiple occupancy licensing scheme (HMOs) and make it easier for landlords to operate them, this comes on the back of claims that strict rules for renting out shared houses is pricing some of the poorest tenants out of Oxford. NLA…
Read MoreRents rise higher faster
According to a recent buy-to-let index rents in the private sector in England and Wales have hit an all time high of £789 a month on average. Adrian Gill, Director of Your Move and Reed Rains reportedly says, “The pedal is pressed to the metal in the rental market. Not only have rents hit an…
Read MoreRents hit record High
Rents increased by 4.6% in April compared with the previous year, marking the fastest annual increase recorded since November 2010, according to estate agents Your Move and Reeds Rains. On a monthly basis, rents grew by 0.8% between March and April according to the study, which started in January 2008 and is based on rents…
Read MoreRents should stabilize
All too often high rents have been in the spotlight over the last year or two, affordability for most has become close to a joke, especially in the Capital, maybe we have light at the end of the tunnel, according to a survey conducted by Your Move and Reed Rains of more than 1200 landlords…
Read More“Wild West” rental market
“Wild West” was how the London rented homes market was described during a five way debate at the London’s Guildhall on tuesday evening staged by the Evening Standard. Landlords were accused in a heated debate of cheating the public who were forced to pay inflated rents due to the capital’s housing shortage. The five in…
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