Renting news

Buy to let prospects 'very good' in Manchester

The rental market in the north-west of England is "very healthy" at the moment, according to one expert who has highlighted that buy to let prospects in the region are excellent. Property expert Julie Twist said that conditions have gradually been improving since the start of the year, when stock was very short and almost "down to the bare bones", while ...

7th Sep 2012

Tenants 'can boost their chances' of landing a property

There are many ways in which tenants can position themselves in a favourable light when looking for rental accommodation, according to one specialist. UK rental property expert James Davis said that being able to offer the highest rate or even offering higher may work in some instances, but it is not the be-all and end-all. "There are other things than just the rate ...

7th Sep 2012

Residential rents on the increase

Residential rents have increased by 4.3 per cent this year and are set for further rises, according to new research. The Royal Institution of Chartered Surveyors (RICS) said that they are likely to go up another 3.9 per cent because of the increase in demand for properties to rent. The body’s residential lettings survey for the second quarter of 2012 found that in ...

5th Sep 2012

Landlord confidence soars due to increasing tenant demand

Landlord confidence is at an all-time high, according to new research which shows that nearly half of landlords (48 per cent) believe that now is a good time to invest in property, while less than one per cent think it is now a good time to cut back on their portfolios. Four-fifths of landlords who think now is a good time to buy rental property cited attractive property ...

4th Sep 2012

New research shows dramatic rise in long-term tenancies

There has been an increase in tenants opting for long-term properties to rent due to house price inflation, according to new research. The findings by the National Landlords Association (NLA) showed that over 50 per cent of tenancies now cover between two and three years, suggesting that an increased number of people are opting to stay longer in rented accommodation over ...

3rd Sep 2012

Student property is a great way to invest

Students will soon start to descend on rental properties across the country as the new terms in British universities begin throughout September. And one expert said that landlords looking to improve their portfolios of property to rent should make sure that they take the chance to do so now because of high demand for these types of property. Peter Mindenhall, researcher at ...

31st Aug 2012

Residential landlords confident over rent prices

Landlords in the UK are now increasingly confident about the state of the market for properties to rent, as they are seeing their monthly income remaining high and yields following suit. According to the latest report from LSL Property Services, 48 per cent of landlords see this as a good time to get into the market for rental homes. Of those who said this was the case, ...

30th Aug 2012

London rents 'levelling off'

Central London rental prices are beginning to level off, despite the average rental cost across the UK rising, the latest statistics suggest. Research carried out by Endsleigh shows that the average monthly rent across the UK rose for the third year running in 2011 to reach £706, compared with £688 in 2010 and £663 in 2009. However, central London, which ...

22nd Aug 2012

UK rents rise for fourth consecutive month

UK rents rose for the fourth month in a row in July and have now reached a record high, according to the latest Buy to Let Index. The data shows that the average rent in England and Wales in July rose by one per cent to £725 per month, surpassing the previous high of £720 per month in October 2011. The pace of annual rental inflation has also increased, ...

17th Aug 2012

'Money to be made' by landlords with cash

Landlords with access to cash will find that there is plenty of money to be made in the rental market in the weeks and months ahead, one analyst has observed. Lee Grandin, director at Landlord Mortgages, said that the rising rents across the UK are making the buy to let market attractive to potential new landlords. His comments came after the Royal Institution of Chartered ...

16th Aug 2012

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