UK Private Rental Sector Rental Prices Still Growing Albeit At A Slower Pace Private rental sector (PRS) monthly rental prices have continued to increase across the UK, although price rises have slowed significantly, reaching a new high of £995 (GBP) per month during September, according to new research. The latest HomeLet Rental Index found that […]
Read MoreRent Guarantee Insurance Reduces Landlord Rent Arrears Worry Private rental sector rent rises slowed down in May and even tenant rent arrears are falling as more landlords use Rent Guarantee insurance to protect the rental income. According to LSL property services, the UK private rental sector (PRS) is still growing, with the number of new tenants […]
Read MoreUK PRS void periods and rent arrears are falling steadily UK private rented sector landlords are reaping the rewards of the developments of specialist products and services designed to ease the burden for landlords and the UK lettings industry. Market leading companies, such as Legal 4 Landlords have spent a great deal of time, effort […]
Read MoreIn the UK private rented sector, the average rental price for a residential property now stands at a staggering £777 (GBP) per month across the whole of the country, but there are some regional differences. Private sector rents in Greater London rose by 6.7% during the last 12 months to reach a regional average of £1,224 […]
Read MoreAccording to one of the UK’s leading mortgage lenders, residential property prices in the UK rose by more than economists had expected in January putting a halt to the annual decline. Nationwide say that residential property prices in the UK actually increased by 0.5% in January 2013, a further sign that the two years of […]
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 MoreTenants without Rent Guarantee Insurance are finding Private Rental Sector (PRS) rents are becoming more difficult to afford as many are handing over more than 50% of their gross pay to keep a roof over their heads according to the online property portal, Rightmove. The average pay-to-rent ratio across the UK is 38% – but […]
Read MoreNegative equity is not a situation that many professional landlords with Rent Guarantee insurance and good rental yields has to worry about, but for many new or “reluctant” landlords forced to rent out their former homes in order to keep the mortgage paid, it can be a real problem. UK Buy To Let landlords and […]
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