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Prime UK property market 'will improve soon'

There will be a much greater level of happiness in the prime UK property market in the coming months, one expert has predicted. Jeremy Way, director at Hirch Way & Ambler, said that property for sale in London in particular will be in "far better health" by the time the Olympic Games takes place in 2012. His comments followed the publication of a report by ...

2nd Nov 2010

Bargains 'can still be found' in central London property market

People might still be able to find some bargains when taking the time to search the central London market for houses for sale , one expert has suggested. According to Hugh Best, the head of investment management at London Central Portfolio, those looking to make investments could unearth good deals if they are aware of the right places to search. He commented: "What is ...

1st Nov 2010

Property investment news archive

Properties for sale in London 'will increase in popularity'

The popularity of houses for sale in London will increase in the coming 12 months, one sector expert has claimed. Speaking at the London Live property event, Paul White, managing director at Frogmore Property Company, said that central London residential property will be "very strong" in the next year. It comes after a report by Knight Frank revealed that London ...

22nd Oct 2010

Traditional houses for sale 'are ripe for investment'

UK properties with a traditional feel are an excellent long-term investment project, one expert has claimed. Timothy Lambert, head of consulting at Private Wealth Management firm Ducalian, said there is a wealth of property for sale in the UK which could prove very fruitful in the long term, such as large homes that could act as potential student accommodation. He ...

21st Sep 2010

Landlords to be hit by cuts to housing allowance

UK estate agents could feel the impact of proposed cuts to local housing allowance (LHA), which the National Landlords Association (NLA) has said will hit landlords' incomes. Many people who own houses to rent could be left with reduced rental income, according to the organisation, which claimed that the cuts could add to homelessness. The Department for Work and ...

16th Sep 2010

Brits falling victim to letting scams, study shows

UK estate agents will be concerned to hear that nearly one million Britons have been victims of scams involving a private tenancy or landlord in the last three years, according to new research. A YouGov study commissioned by Shelter has revealed that underhand practices in the privately rented sector are still affecting people going for flats to rent despite government ...

14th Sep 2010

Landlord confidence falls marginally

Confidence among people looking to purchase flats to rent remains "robust" despite declining slightly over the last few months, new figures from LSL Property Services have revealed. The number of buy-to-let investors thinking now is a good time to purchase properties has fallen from 48 per cent three months ago to 42 per cent, the latest landlord sentiment survey ...

26th Aug 2010

Failure to pay rent leading to landlord possessions

New research has revealed that nearly half (47 per cent) of possessions by landlords are a result of tenants failing to pay their rent, UK estate agents may be interested to hear. According to a recent study by the National Landlords Association (NLA), one fifth of people with private residential houses to rent had tenants in arrears during the second quarter of 2010. ...

17th Aug 2010

Londoners to make millions in rent during Olympics

People who own London properties can expect to make an average of £4,500 renting out their home during the 2012 Olympics, HomeAway Holiday-Rentals has stated. Savvy Londoners who choose to rent flats and other residences during the upcoming Games stand to make millions, according to the organisation, which stated such events are increasingly beneficial to property owners. ...

2nd Aug 2010

Central London rents up 9% in a year

Properties to rent in London have been experiencing positive returns over the last year, according to new figures, which show rents have increased by 2.6 per cent over the last three months. The Knight Frank London Lettings Index for the second quarter revealed that rents in London's prime residential market have gone up by 9.2 per cent in the 12 months to the end of June ...

26th Jul 2010

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