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News related to rental market

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]
 
UK landlords becoming more competitive for sought after student market
2015-02-18 12:57:43 [Europe]
With more students in the UK living in privately owned hall style accommodation, landlords in the sector are having to compete more to attract them as tenants, new research has found.
Read full article: [UK landlords becoming more competitive for sought after student market]
 
UK private rented sector index shows marginal hardening in yields
2015-02-18 09:22:20 [Europe]
Total returns from private rented sector investment grade blocks in the UK slipped towards the end of 2014, according to the latest sector index.Read full article: [UK private rented sector index shows marginal hardening in yields]
 
Rents increase in UK as demand outstrips supply
2015-02-13 07:30:06 [Europe]
The average UK rent is now £836 per calendar month, an increase of 2% year on year as demand, especially for quality homes outstrips supply.Read full article: [Rents increase in UK as demand outstrips supply]
 
Prime central London rental market set for a boost in 2015
2015-02-12 08:08:27 [Europe]
Rental prices in the prime central London property market are set to grow 2.5% this year with the overall sector remaining robust despite uncertainty in the sales market, it is claimed.Read full article: [Prime central London rental market set for a boost in 2015]
 
CML warns Scottish Govt that rent controls could have adverse effects
2015-02-09 09:31:37 [Europe]
Proposals by the Scottish Government to introduce new rules for the private rented sector could have a negative impact on buy to let lending, according to the Council of Mortgage Lenders.Read full article: [CML warns Scottish Govt that rent controls could have adverse effects]
 
Warning over use of photos in tenancy disputes
2015-02-09 08:51:30 [Europe]
The use of technology in inventories appears to save time and money, but UK lettings agents and landlords are being warned that in reality it is not full proof.
Read full article: [Warning over use of photos in tenancy disputes]
 
Prime central London transactions slowing but prices remain stable
2015-02-05 10:02:31 [Europe]
The introduction of a new stamp duty propertytax structure in December, the forthcoming general election and the spectre of a mansion tax have created a level of uncertainty within the UK’s prime property market, it is claimed.Read full article: [Prime central London transactions slowing but prices remain stable]
 
Rental redress scheme in UK sees increasing number of complaints
2015-02-04 06:35:54 [Europe]
The UK’s Property Redress Scheme (PRS) is seeing an increasing number of consumer complaints being made against lettings, property management and estate agents who are membersRead full article: [Rental redress scheme in UK sees increasing number of complaints]
 
Rental home loan deposit scheme for certain employees in UK widened
2015-02-03 15:01:56 [Europe]
The UK government has announced wide support for a new rental deposit loan scheme that will become available to thousands of potential tenants.Read full article: [Rental home loan deposit scheme for certain employees in UK widened]
 
Private rents up an average of 1.7% in 2014 in Britain, official data shows
2015-02-02 08:22:39 [Europe]
Private rental prices paid by tenants in Britain rose by 1.7% in the 12 months to December 2014, according to official figures from the Office of National Statistics.Read full article: [Private rents up an average of 1.7% in 2014 in Britain, official data shows]
 
Rental market expected to be stronger than sales in some parts of London
2015-01-27 12:30:34 [Europe]
This year is expected to bring fewer sales and more letting transactions, with strong rental markets across London’s Midtown, City and Docklands, a new report suggests. Read full article: [Rental market expected to be stronger than sales in some parts of London]
 
Rent rises in Scotland tumbled during 2014, latest index shows
2015-01-21 07:26:03 [Europe]
The pace of annual rent growth in Scotland dropped by two thirds in 2014 with average rents now just 1.2% or £6 higher than a year ago, the latest index figures reveal.Read full article: [Rent rises in Scotland tumbled during 2014, latest index shows]
 
Landlords warned not to rely on good capital gains in UK buy to let sector
2015-01-21 07:19:54 [Europe]
Landlords’ confidence in capital gains has almost trebled over the last two years, according to the leading landlord association in the UK.Read full article: [Landlords warned not to rely on good capital gains in UK buy to let sector]
 
Multi freehold blocks provide highest gross yields in UK for landlords
2015-01-20 09:02:52 [Europe]
Multi-unit freehold blocks have overtaken houses in multiple occupation and now provide UK landlords with the highest gross yield at 9.3%, new figures for the fourth quarter of 2014 show.Read full article: [Multi freehold blocks provide highest gross yields in UK for landlords]
 
Lettings annual review reveals UK rental hotspots
2015-01-19 11:31:22 [Europe]
Leicester, Southall and Cambridge have been identified as UK lettings hotspots with average rents in 2014 some 45%, 38% and 24% higher, respectively, than 2013.Read full article: [Lettings annual review reveals UK rental hotspots]
 
Rents in England and Wales up by 3% in 2014, latest index shows
2015-01-16 03:34:33 [Europe]
Rents in England and Wales increased by 3% over the course of 2014, despite falling on a monthly basis between November and December, the latest index data shows.Read full article: [Rents in England and Wales up by 3% in 2014, latest index shows]
 
Prime central London rental values flat for second month in a row
2015-01-15 09:12:04 [Europe]
Rental values in prime central London were flat for the second consecutive month in December as a seasonal year end slowdown and the impact of global economic uncertainty dampened demand.Read full article: [Prime central London rental values flat for second month in a row]
 
Tenant finances getting worse in the UK private rented sector
2015-01-07 16:37:23 [Europe]
Tenants in the UK have felt a financial setback with the number falling into serious rental arrears rising on an annual basis for the first time since 2012, according to the latest tenant arrears tracker report.Read full article: [Tenant finances getting worse in the UK private rented sector]
 
Average city rents up almost 5% in the US in 2014
2015-01-05 15:26:02 [North America]
Americans paid out $20.6 billion more in rent in 2014 compared to 2013 as nationally average rents in cities increased during the year, new data shows.
Read full article: [Average city rents up almost 5% in the US in 2014]
 
Fair compensation calculations needed for good lettings relationship
2015-01-05 09:13:16 [Europe]
Calculating the right compensation charges at the end of tenancies is the holy grail of lettings and getting it wrong can lead to unnecessary disputes with tenants, it is claimed.Read full article: [Fair compensation calculations needed for good lettings relationship]
 
Scottish residential tenants are generally happy with the PRS property mark
2015-01-02 14:00:53 [Europe]
Over 35% of tenants in Scotland have lived in their current home for longer than a year with 10% living longer than three years, a new survey has found.Read full article: [Scottish residential tenants are generally happy with the PRS property mark]
 
UK has more part time landlords but many not aware of the rules
2014-12-26 09:47:10 [Europe]
One in 20 people in the UK rents out a property to supplement their main income, receiving £678 in rent each month on average but many are unaware of the regulations, new research shows.Read full article: [UK has more part time landlords but many not aware of the rules]
 
Rents in Scotland reach all-time peak, latest index shows
2014-12-24 09:23:10 [Europe]
Rents in Scotland have crept up to an all-time peak, despite an overall cooling in annual growth this year, according to the latest buy to let index.Read full article: [Rents in Scotland reach all-time peak, latest index shows]
 
Prime property buyers in London down by 30%, new data suggests
2014-12-23 18:11:31 [Europe]
London’s residential prime property market is seeing fewer buyers than a year ago and stock levels are up by 60%, according to new data.Read full article: [Prime property buyers in London down by 30%, new data suggests]
 
Many UK landlords unfamiliar with new immigration checks
2014-12-23 11:34:07 [Europe]
UK landlords do not fully understand the new immigration checks they are being required to undertake and those already doing so are not happy about it, new research shows.Read full article: [Many UK landlords unfamiliar with new immigration checks]
 
Rent increases likely to be muted in the UK in 2015, it is predicted
2014-12-23 09:06:20 [Europe]
Market conditions, combined with the likelihood of interest rate rises and uncertainty over the general election is likely to result in static or low rental increases in the UK in 2015, it is claimed.Read full article: [Rent increases likely to be muted in the UK in 2015, it is predicted]
 
Almost a third of UK landlords have seen rent arrears in 2014, new research shows
2014-12-22 11:34:30 [Europe]
Almost a third of landlords in the UK, approximately 500,000, say they have experienced rent arrears in the last 12 months, according to new research.Read full article: [Almost a third of UK landlords have seen rent arrears in 2014, new research shows]
 
House prices to rise by 3% in 2015 and rents by 2% says RICS
2014-12-19 14:42:35 [Europe]
House prices in the UK will see an average increase of 3% in 2015 bolstered by recent changes to Stamp Duty, continuing demand and lack of supply of property, it is predicted.Read full article: [House prices to rise by 3% in 2015 and rents by 2% says RICS]
 
Rents in England and Wales down for first time in eight months
2014-12-19 13:16:27 [Europe]
Residential rents across England and Wales fell to a new average of £768 per month in November, down 0.2% month on month, the latest index shows.Read full article: [Rents in England and Wales down for first time in eight months]
 
A year of two halves for the prime central London lettings market
2014-12-18 12:43:12 [Europe]
It has been a year of two halves in the lettings market in prime central London with the supply and demand pendulum swinging towards supply in the latter half of the year, according to a new report.Read full article: [A year of two halves for the prime central London lettings market]
 
Rest of UK expected to catch up with London and South East price growth in 2015
2014-12-18 10:38:16 [Europe]
In 2015 UK regions outside of London and the South East of England will catch up on the property price growth that has topped the market this year, according to agents.
Read full article: [Rest of UK expected to catch up with London and South East price growth in 2015]
 
Only a minority of UK landlords experience disputes with damage top of the list
2014-12-18 09:05:18 [Europe]
Over the last 12 months under 10% of UK landlords have experienced a tenant dispute but when it does happen it usually concerns damage, new research has found.
Read full article: [Only a minority of UK landlords experience disputes with damage top of the list]
 
Intermediaries remain the most popular choice for buy to let investors
2014-12-17 15:48:59 [Europe]
UK landlords sourcing buy to let finance from intermediaries has increased as they regard it as the best way to secure a good deal, new research suggests.Read full article: [Intermediaries remain the most popular choice for buy to let investors]
 
Fierce competition of rental properties continues despite supply increase
2014-12-16 08:57:58 [Europe]
The level of supply in the private rental sector in the UK is showing signs of improvement but there is still fierce competition for rental property as the level of demand remains high.Read full article: [Fierce competition of rental properties continues despite supply increase]
 
Most UK regions see strong annual rental market growth
2014-12-15 08:39:23 [Europe]
Nine out of 12 UK regions saw rental price rise in November compared to the same month last year, according to the latest rental index.Read full article: [Most UK regions see strong annual rental market growth]
 
UK housing minister announces £3.5 billion for new rental homes across the country
2014-12-12 08:59:48 [Europe]
The UK’s housing minister has signed a new agreement to unlock £3.5 billion in funding to build new homes specifically for renting across the country.Read full article: [UK housing minister announces £3.5 billion for new rental homes across the country]
 
Renting costs twice as much as owning a home in US cities
2014-12-11 16:40:16 [North America]
People renting a home in the United States can expect to pay twice as much of their incomes on their rent than an owner on mortgage payments, new research has found.Read full article: [Renting costs twice as much as owning a home in US cities]
 
London prime property rent rises set to outpace house growth in 2015
2014-12-11 10:47:54 [Europe]
London prime property prices are expected to grow by 3% to 5% in 2015 but strong tenant demand is expected to boost rental prices by 10% over the next year, the latest forecast suggests.
Read full article: [London prime property rent rises set to outpace house growth in 2015]
 
Landlords facing serious court delays on evictions due to cuts
2014-12-10 15:26:10 [Europe]
Under resourced county courts in England are exasperated by the number of possession claims being put forward, resulting in costly delays for landlords, it is claimed.
Read full article: [Landlords facing serious court delays on evictions due to cuts]
 
Top end of luxury rental market in London booming, new analysis suggests
2014-12-08 12:33:58 [Europe]
The top end of the luxury home rental market in London is booming with a lack of supply and concerns about next year’s general election driving the market, according to a new report.Read full article: [Top end of luxury rental market in London booming, new analysis suggests]
 



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