A greater proportion of residential property owners struggling to sell their existing properties are taking a leaf out of the portfolio landlords book and are choosing to offer their properties for rental purposes in the UK private rental sector (PRS), in order to provide adequate finances for their retirement. Of the single property owners choosing […]
Read MoreAnalysis of rental data by Belvoir Lettings has revealed that private rented sector (PRS) rents have fallen across the UK by an average of 2.4% since the start of the credit crunch in 2008. Belvoir said it gives a much more accurate view of the UK PRS rental market on a national scale rather than […]
Read MoreUK Buy-To-Let Landlord confidence has been boosted by continued strong tenant demand and falling property prices, according to the latest landlord survey conducted by LSL Property Services. • 48% of UK BTL landlords believe that now is a good time to invest in property • Less than 1% think it is now a good time […]
Read MoreNew data released by Nationwide and Hometrack show that overall UK residential property values have fallen when compared to this time last year and the fall has been attributed to the changes in stamp duty. The average residential property value in March 2012 was £163,327. That is 0.9% lower than property prices were in March […]
Read MoreFigures released this week by a UK property association, have shown the average length of a tenancy in the UK private rented sector (PRS) has increased to around 19 months. The vast number of people now renting in England has increased by a dramatic 56% since 2004, which now accounts for over 20% of all […]
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