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News related to rental market

UK landlords without cast iron inventory losing out in tenant disputes
2015-04-23 12:32:01 [Europe]
Since the start of the tenant deposit schemes in 2007 in the UK more tenants than landlords are continuing to be awarded 100% of the disputed amount at adjudications, new research shows.Read full article: [UK landlords without cast iron inventory losing out in tenant disputes]
 
Rents in England and Wales close to record high, latest index shows
2015-04-23 09:12:11 [Europe]
Rents in England and Wales are now £768 per month with average annual rent rises growing at their fastest pace in two years, up 3.7% over the last 12 months.Read full article: [Rents in England and Wales close to record high, latest index shows]
 
New York prime office rents soar according to latest skyscraper index
2015-04-22 14:31:24 [Global News]
Skyscraper prime office rents in New York have dramatically increased by 20% to outperform the leading Asian skyscraper cities, new data shows.Read full article: [New York prime office rents soar according to latest skyscraper index]
 
Landlords face bringing draughty UK homes up to scratch
2015-04-22 12:38:43 [Europe]
New legislation will see landlords banned from renting out properties in England and Wales that are draughty as part of a drive to cut energy bills and carbon emissions. Read full article: [Landlords face bringing draughty UK homes up to scratch]
 
Newly let property rents up in the UK while others remain stable
2015-04-21 10:51:22 [Europe]
Rents in the UK remain stable for renewed and occupied tenancies but continue to increase for newly let properties in the first quarter of 2015, according to the latest rental index.Read full article: [Newly let property rents up in the UK while others remain stable]
 
NLA launches new landlord accreditation scheme
2015-04-20 09:35:24 [Europe]
The National Landlords Association (NLA) has launched a new initiative to enable tenants to check if their landlord is accredited.Read full article: [NLA launches new landlord accreditation scheme]
 
Property Ombudsman in England sees challenges rise
2015-04-17 11:04:44 [Europe]
More people in the rented property sector in England are prepared to launch a challenge when they are not satisfied with their tenancy, according to the latest annual report from the Property Ombudsman.Read full article: [Property Ombudsman in England sees challenges rise]
 
Prime central London rental market see increased demand
2015-04-16 12:00:33 [Europe]
Interest in the prime central London rental market has intensified in recent months as buyers become cautious prior to the election, and regulations surrounding mortgage lending take hold, a new report suggests.
Read full article: [Prime central London rental market see increased demand]
 
Property rents in UK over 10% higher than a year ago
2015-04-15 08:42:18 [Europe]
Residential rents across the UK are 10.2% higher than a year ago and have increased in 11 out of 12 regional in the first quarter of 2015 compared to the same period in 2014.Read full article: [Property rents in UK over 10% higher than a year ago]
 
UK buy to let landlords increasingly see their properties as their pension
2015-04-13 08:12:11 [Europe]
The new pension freedoms that came into force last week in the UK could trigger a huge interest in over 55s becoming landlords for the first time, it is claimed.Read full article: [UK buy to let landlords increasingly see their properties as their pension]
 
18 year comparison index shows UK buy to let outstripping other asset classes
2015-04-13 07:53:19 [Europe]
Buy to let in the UK over the past 18 years has provided average returns that outstrip those of other major asset classes, new research shows.Read full article: [18 year comparison index shows UK buy to let outstripping other asset classes]
 
Financial barriers preventing US home renters from buying, new research suggests
2015-04-10 20:45:32 [North America]
Many US home buyers can break even in less than two years if they buy a home instead of renting it, but financial barriers and preference are big factors in the decision to continue renting.Read full article: [Financial barriers preventing US home renters from buying, new research suggests]
 
UK Lib Dems set out plans for a Help to Rent scheme for young people
2015-04-10 20:24:54 [Europe]
The Liberal Democrats, one of the main political parties in the UK, have announced plans for a new Help to Rent scheme to support young workers move out of their family home and into a rented property.Read full article: [UK Lib Dems set out plans for a Help to Rent scheme for young people]
 
UK landlords get confused over betterment principle, study finds
2015-04-10 06:29:05 [Europe]
Some 60% of landlords in the UK admit they don’t understand the betterment principle, whilst 90% say they fully understand fair wear and tear, according to a new report.Read full article: [UK landlords get confused over betterment principle, study finds]
 
Global residential rents see weakest annual rise since 2009
2015-04-09 13:42:13 [Global News]
Prime global residential property rents rose by 0.6% in 2014, their weakest annual rise since 2009, according to the latest index from international real estate firm Knight Frank.Read full article: [Global residential rents see weakest annual rise since 2009]
 
Prime central London rental values up for third month in a row
2015-04-07 15:10:36 [Europe]
Rental values in the prime central London rose by 0.2% for the third consecutive month in March, pushing annual growth to 4%, the highest rate in more than three years.Read full article: [Prime central London rental values up for third month in a row]
 
Almost a quarter of UK landlords entered the business accidentally
2015-04-06 09:07:33 [Europe]
Some 24% of UK landlords, that’s around 360,000, came into the residential private rental market accidentally or unintentionally, new research has found.Read full article: [Almost a quarter of UK landlords entered the business accidentally]
 
Cleaning disputes between landlords and tenants in UK increasing
2015-04-06 08:21:09 [Europe]
Landlords and letting agents in the UK are increasingly faced with dirty properties at the check-out stage and this has led to cleaning now accounting for 53% of deposit disputes.Read full article: [Cleaning disputes between landlords and tenants in UK increasing]
 
UAE property prices and rental values dip
2015-04-03 14:09:05 [Middle East]
The residential property market in Dubai saw a minor downturn in February with prices and rents falling slightly but still up year on year.Read full article: [UAE property prices and rental values dip]
 
Over half of UK first time buyers rent before they buy
2015-04-03 11:46:22 [Europe]
More than half of the UK’s first time buyers now try before they buy when it comes to owning their first home, according to an annual survey.Read full article: [Over half of UK first time buyers rent before they buy]
 
Landlords needing to evict a tenant face rising UK court costs
2015-04-03 08:29:01 [Europe]
Rising court fees in the UK could tempt law abiding landlords to cut corners when it comes to tenant evictions, it is claimed.Read full article: [Landlords needing to evict a tenant face rising UK court costs]
 
Call for lettings agent fees to be banned in England
2015-04-02 10:56:59 [Europe]
Letting agents’ fees in England should be banned to protect tenants in the private residential rental sector, a hard hitting new report has urged.Read full article: [Call for lettings agent fees to be banned in England]
 
Low housing supply in the US squeezing affordability
2015-03-31 13:43:52 [Europe]
Rental affordability is as bad as it's ever been across the United States, in part because there are not enough new, affordable homes to meet demand, new research suggests.Read full article: [Low housing supply in the US squeezing affordability]
 
Duty for UK lettings agents to publicise fees welcomed
2015-03-30 08:45:56 [Europe]
Measures which impose a duty on UK lettings agents to publicise fees both on websites and in branches have been welcomed by a leading industry organisation.Read full article: [Duty for UK lettings agents to publicise fees welcomed]
 
UK residential landlords see lowest void periods for 13 years
2015-03-27 07:06:32 [Europe]
The average annual void period for residential landlords in the UK has dropped to its lowest level since 2002, new research shows.Read full article: [UK residential landlords see lowest void periods for 13 years]
 
New accreditation standard for London lettings hailed a success
2015-03-26 11:09:08 [Europe]
More than 115,000 rented homes across London are now badged under the Mayor's Rental Standard accreditation system launched last year to improve the experience of landlords and tenants.Read full article: [New accreditation standard for London lettings hailed a success]
 
Residential rents in Scotland rising at slowest pace for over two years
2015-03-25 15:11:01 [Europe]
Scottish rents have increased by just 1.1% in the year to February 2015, their slowest pace for over two years, according to the latest buy to let index.Read full article: [Residential rents in Scotland rising at slowest pace for over two years]
 
Vast majority of UK tenants don’t think they can afford to buy
2015-03-25 07:12:29 [Europe]
Over 90% of tenants in the UK don’t think they will be able to afford a property as rents continue to escalate and property prices stay firmly out of their reach.Read full article: [Vast majority of UK tenants don’t think they can afford to buy]
 
New tenants in UK facing higher rents as demand increases
2015-03-24 15:06:30 [Europe]
There is an increase in demand for property in the UK private rental sector with new tenants seeing a rise in monthly rents from a third of lettings agents.Read full article: [New tenants in UK facing higher rents as demand increases]
 
Seven out of 12 UK regions see rental growth, but not London
2015-03-23 10:12:24 [Europe]
After a period of rent price rises in London outstripping the rest of the UK, the disparity between the growth rate of the London and nationwide rental markets is beginning to narrow, the latest index shows.Read full article: [Seven out of 12 UK regions see rental growth, but not London]
 
Survey reveals gifts landlords give to tenants
2015-03-23 09:16:28 [Europe]
Bad news stories tend to dominate the headlines when it comes to relationships between tenants and landlords in the UK but new research reveals that the relationship is often much more convivial.
Read full article: [Survey reveals gifts landlords give to tenants]
 
Gap between residential rents and income widens in the US
2015-03-20 09:10:23 [North America]
The gap between rental costs and household income is widening to unsustainable levels in many parts of the United States and the situation could worsen unless new home construction meaningfully rises, it is claimed.Read full article: [Gap between residential rents and income widens in the US]
 
England and Wales see fastest annual residential rent rises since May 2013
2015-03-20 08:36:38 [Europe]
Average residential rents in England and Wales increased by 3.1% year on year to stand at £766 in February 2015, the fastest annual rise since May 2013.Read full article: [England and Wales see fastest annual residential rent rises since May 2013]
 
Most UK regions see a rise in residential rents
2015-03-18 06:22:26 [Europe]
UK new tenancy rents have increased by 1.7% in the last year taking the average monthly amount to £876, according to the latest data to be published.Read full article: [Most UK regions see a rise in residential rents]
 
UK govt announces new measures for residential lettings sector
2015-03-17 13:26:17 [Europe]
New measures are being introduced in the UK that will create a bigger, better private rented sector for tenants and landlords aimed at getting rid of rogue operators.Read full article: [UK govt announces new measures for residential lettings sector]
 
UK govt moves to end blanket licensing of landlords by councils
2015-03-16 08:20:26 [Europe]
Local councils in England will no longer be able to licence landlords across a whole area without government approval, it has been confirmed.Read full article: [UK govt moves to end blanket licensing of landlords by councils]
 
Smoke and carbon monoxide alarms to be legal requirement in rental properties
2015-03-12 10:28:54 [Europe]
Landlords in the UK will be required by law to install working smoke and carbon monoxide alarms in their properties from October 2015, it has been announced.Read full article: [Smoke and carbon monoxide alarms to be legal requirement in rental properties]
 
Sales transactions down while lettings thrive in prime London property market
2015-03-10 08:11:42 [Europe]
Sales in London’s prime property market have continued to fall for the second month in a row in 2015, with transactions down 22% year on year.Read full article: [Sales transactions down while lettings thrive in prime London property market]
 
Many UK tenants feel they are ripped off by landlords and agents
2015-03-10 07:43:48 [Europe]
Private rental sector tenants in the UK feel they are being ripped off by landlords and agents, especially on fees at the start of a tenancy, new research suggests.Read full article: [Many UK tenants feel they are ripped off by landlords and agents]
 
UK govt plans could prevent selective landlord licensing by councils
2015-03-09 11:42:44 [Europe]
Councils in the UK could be prevented from introducing selective licensing for private sector landlords unless there are specific reasons for doing so.Read full article: [UK govt plans could prevent selective landlord licensing by councils]
 
Prime rental London market sees values continue to rise
2015-03-04 06:18:39 [Europe]
Rental values in the prime central London property market continued their recovery in February, recording their twelfth consecutive month without a decline, the latest research shows.Read full article: [Prime rental London market sees values continue to rise]
 
House prices rise in Portugal for first time in five years
2015-03-03 12:39:58 [Europe]
House prices in Portugal increased in January as the country’s economy expands and the unemployment rate falls, according to the latest monthly market survey from the Royal Institution of Chartered Surveyors.Read full article: [House prices rise in Portugal for first time in five years]
 
Rate of home ownership in England at lowest level for 30 years
2015-03-03 08:49:26 [Europe]
After rising almost continuously over the course of the twentieth century, the rate of home ownership in England has been declining steadily since 2003, the annual housing survey shows.Read full article: [Rate of home ownership in England at lowest level for 30 years]
 
UK rental market returns to growth, latest rental index shows
2015-02-27 07:45:32 [Europe]
Residential rents for new tenancies in the UK increased by 2.5% during first month of the year, according to the latest figures to be published.Read full article: [UK rental market returns to growth, latest rental index shows]
 
PRS issues further guidance on unfair lettings agent fees in UK
2015-02-27 07:30:05 [Europe]
The Property Redress Scheme (PRS) has issued further guidance on unfair fees being charged by letting agents in the UK.Read full article: [PRS issues further guidance on unfair lettings agent fees in UK]
 
Rents in Scotland up 1.3% in last 12 months, latest index shows
2015-02-25 07:11:27 [Europe]
Residential rents in Scotland have increased by 1.3% in the last 12 months, just half the pace of rent growth in England and Wales, according to the latest sector index.Read full article: [Rents in Scotland up 1.3% in last 12 months, latest index shows]
 
Research shows some UK tenants resort to paying for repairs
2015-02-24 09:29:08 [Europe]
Some two thirds of tenants in the UK have had to dip into their own pockets to fund repairs because they could not wait for the landlord any longer, it is claimed.Read full article: [Research shows some UK tenants resort to paying for repairs]
 
US residential rents up 3.3% overall but some areas seeing higher growth
2015-02-23 13:37:20 [North America]
Median residential rents in the United States continued rising nationwide in January, with rental appreciation in some small and even struggling housing markets catching up to the country's hottest areas.Read full article: [US residential rents up 3.3% overall but some areas seeing higher growth]
 
Quarter of UK lettings agents report higher rents in first month of 2015
2015-02-23 09:15:15 [Europe]
One in four letting agents in the UK have seen private sector rents rise at the beginning of 2015, according to the first of a new monthly report from the Association of Residential Letting Agents (ARLA).Read full article: [Quarter of UK lettings agents report higher rents in first month of 2015]
 
Rents in England and Wales up almost 3% in last 12 months
2015-02-20 11:23:51 [Europe]
Residential rents in England and Wales increased by 2.8% in the last year to an average of £763 and are now 16% higher than in 2010, according to the latest rental index to be published.
Read full article: [Rents in England and Wales up almost 3% in last 12 months]
 



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