Zoopla property news (March 2012)

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Private rented sector 'will continue to grow'

The UK's private rented sector is in great shape at the moment and will only continue to expand in the coming months and years, it has been predicted. According to Stuart Law, chief executive at property investment adviser Assetz, he agrees with a recent report by Savills which claims that rental Britain is "here to stay". What this means, according to Mr Law, ...

30th Mar 2012

London 'a great place to invest in property'

London is among the best places in the UK to invest in property , and represents an ideal location for landlords looking to expand their portfolio, it has been noted. Chris Norris, policy manager at the National Landlords Association, said that anywhere in the south of England is generally a good bet to invest in property, as the market has traditionally been strong and ...

30th Mar 2012

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Empty home renovators 'should be rewarded'

People who seek to renovate empty homes and bring them back into use should be assisted in their efforts to increase the amount of housing stock in the country, it has been claimed. David Ireland, chief executive of the independent campaigning charity Empty Homes, which aims to highlight the number of empty properties in England and bring empty property back into use, said ...

29th Mar 2012

UK average rental prices fall

The average monthly price of renting a UK property fell last month, according to the latest report. Research by LSL shows that rents dipped slightly as an increasing number of tenants made their first move onto the property ladder to beat the end of the stamp duty holiday. The data, published in the company's latest Buy to Let Index, shows that the average rent in ...

29th Mar 2012

'Innovative ideas' can help FTBs

The nation's first-time buyers (FTBs) would benefit from the introduction of innovative new ideas that can help to boost the number of people taking their first steps onto the housing ladder, it has been claimed. Peter Bolton King, chief executive at the National Federation of Property Professionals (NFOPP), said it is a positive that some banks are offering to pay the ...

28th Mar 2012

Carrying out home improvements 'is cost effective'

People who carry out improvements on a property may find that the process can make them money in the long run, particularly when it comes to selling the house. Martin Lewis, the money saving expert, said that improving a property can help to boost house prices if it is down right, and often the amount that is added to the home value can exceed the price of carrying out the ...

28th Mar 2012

Rental yields 'will hold firm' in 2012

Rental yields are likely to be maintained in 2012 as the market stabilises and major movement is avoided, one analyst has predicted. Lee Grandin, director at Landlord Mortgages, made the comments after a new report by BM Solutions revealed that a 4.8 per cent growth in the average monthly rent in 2011 led buy to let investors across the UK to achieve a rental yield of 6.1 ...

27th Mar 2012

Student property rental growth 'still strong'

The student rental property market continues to be one of the safest areas of investment in the property market, and this shows no signs of abating in the near future, one expert has asserted. Marcus Roberts, director of student investment and development at Savills, said that, in terms of purpose-built student halls, there are not enough beds for the student body as a ...

27th Mar 2012

Hiring professionals 'not essential' for home improvements

Property owners looking to carry out some home improvements have been advised that it is not essential for professionals to carry out the work. Jason Orme, editor at Homebuilding & Renovating, acknowledged that spring is the time of year when many people begin to think about how they can spruce up their home interior and exterior with some employing tradesmen to do the ...

26th Mar 2012

Most landlords 'will be exempt' from tenancy deposit changes

Many landlords will not need to make any changes when the amendments to the tenancy deposit protection legislation are implemented, the National Landlords Association (NLA) has stated. According to Chris Norris, policy manager at the NLA, landlords that were complying with the previous regulations will not need to do anything different, as the main change is that they used ...

26th Mar 2012

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