Renting news
Latest Renting news
UK rental prices 'levelling out'
The cost of renting property in the UK appears to be levelling out, according to the latest report from the Association of Residential Letting Agents (ARLA). The data reveals that, in the first quarter of this year, 50 per cent of ARLA members reported increased achievable rent levels, in line with news of rising rents across the UK. However, the percentage of members ...
1st May 2012
Landlord buying activity surges
There has been a surge in activity among new landlords and existing buy to let property owners in the UK, according to the latest statistics. New independent research commissioned by specialist buy-to-let lender Paragon Mortgages has revealed that, overall, property acquisition activity in the UK remained strong in the first quarter of 2012. Over the last three months, ...
1st May 2012
Renting news archive
Landlords 'must do their research'
People considering moving into the buy to let property market have been advised to do plenty of research to ensure their experience is a happy one. Malcolm Harrison, spokesman for the Tenancy Deposit Scheme, said it is a good time for people to become landlords, as long as they take care. "You need to take the trouble to work out the location, the kind of people that ...
25th Apr 2012
UK buy to let market 'is booming'
The buy to let market in the UK is currently as strong as it has been for some time, and this is likely to continue for the foreseeable future, it has been claimed. Stuart Law, chief executive at Assetz, said the rental market is "extremely attractive" to investors at the moment, with eight per cent gross yields and net yields in excess of five per cent. "It ...
23rd Apr 2012
Buy to let market 'very attractive' to many
The UK's buy to let market is currently very attractive as long as prospective landlords have the money for a deposit, one expert has noted. Lee Grandin, director at Landlord Mortgages, said that it is not currently a market where people who are not asset-rich can thrive, as they will need to have an average 20 per cent deposit and, in some cases, even more. However, ...
17th Apr 2012
Landlords 'must be careful' when increasing rents
Landlords considering increasing their rents should be careful not to put them up too much or they may risk alienating their tenants, it has been noted. Matt Hutchinson, a rental property expert, said that as long as there is a shortage of rental property in the UK, there will always be the potential for rents to rise. He explained: "As we have seen with the rental ...
12th Apr 2012
Olympics boost short-term property lets
The number of properties in London's Olympic boroughs being offered for short-term lets rose 16 percentage points above the wider London average last quarter, the latest figures reveal. On average, the number of short-term lets in Barking and Dagenham, Greenwich, Hackney, Newham, Tower Hamlets and Waltham Forest rose 35 per cent over the first three months of 2012, ...
12th Apr 2012
London rental market 'as strong as ever'
The rental market in London is currently as strong as it has ever been and this shows no sign of abating in the near future, one expert has noted. Jon Neale, head of residential research at Jones Lang LaSalle, said London as a whole has not seen the vast volumes of property being built than other eras of the UK have experienced, which has led to sustained demand for rental ...
6th Apr 2012
'Do your research' before investing in student property
People considering investing in student property have been advised to do their homework beforehand to ensure that the venture is a successful one. UK property expert Jonathan Moore said the first and most important thing potential landlords should do before purchasing student accommodation is research. He noted that it is "essential" to know as much as possible ...
2nd Apr 2012
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