Home Ownership Figures Drop Sharply in last 10 years New census figures reveal that the number of private rental sector tenants has doubled, whilst the proportion of people who own their own home has fallen dramatically. The latest figures from the Office of National Statistics (ONS) show that one in five families in England, (1.2 […]
Read MoreAccording to the Royal Institute of Chartered Surveyors, (RICS), latest Residential Lettings Survey, the UK Private Rented Sector (PRS) experienced sustained growth between February and April 2012, with houses in greater demand than flats. 13% of chartered surveyors reported that PRS rents had increased with tenant demand largely responsible for the growth. 15% of chartered […]
Read MoreThe UK may need an extra 1.1 Million private sector rental properties within the next 4 Years as 1 in 5 Households could be in PRS properties. The number of people renting homes in the UK Private Rented Sector (PRS) has almost doubled over the last ten years, increasing from 2.5 Million tenants in PRS […]
Read MoreFigures from a variety of trusted and respected sources offered a tentative boost for the UK property market as mortgage approvals, first time buyer numbers and residential property sales all increased during January. Data gathered from the Council of Mortgage Lenders (CML), British Bankers’ Association (BBA), National Association of Estate Agents (NAEA) and HM Revenue […]
Read MoreUK landlords should already be aware of the necessity, legality and financial importance of having the right insurance protecting their property asset and should always seek to get their rental properties suitably covered with a comprehensive landlord or Buy-To-Let insurance policy. However, whilst landlords stay insured keeping their property assets protected, very few tenants bother […]
Read MoreThe demand for Private Rental Sector (PRS) residential property and the rise in the number of tenants struggling to meet their rental payments on a regular monthly basis is expected to see the decline of the UK residential property rental market. According to the latest lettings survey from the Association of Residential Letting Agents, (ARLA) […]
Read MoreWith bank and building society interest rates remaining at rock bottom, many savers are looking for a better home for their money. It’s never an easy task, but the problem has been thrown into even sharper perspective by the prolonged economic downturn. The performance of the stock markets continues to be erratic and uncertain. Pension […]
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