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News related to rental market

Average monthly rents in England and Wales set to reach £800 by mid 2015, research shows
2013-06-19 11:05:59 [Europe]
Average monthly private property rents in England and Wales are set to £800 per month by the middle of 2015 which will be a rise of 21% since 2010, new research shows.
Read full article: [Average monthly rents in England and Wales set to reach £800 by mid 2015, research shows]
 
Investment in residential rental property in the UK rises significantly
2013-06-18 08:31:00 [Europe]
Landlord investment in residential property has increased significantly over the past three months despite a slight easing of tenant demand, new research shows.
Read full article: [Investment in residential rental property in the UK rises significantly]
 
New railway in Scotland results in rising demand for properties even before 2015 opening
2013-06-14 11:30:50 [Europe]
The new Borders Railway being built in southern Scotland is creating a demand for rental properties among those working on the construction which is likely to continue once it opens in 2015.Read full article: [New railway in Scotland results in rising demand for properties even before 2015 opening]
 
Average advertised rents in the UK rise slightly
2013-06-14 10:29:26 [Europe]
The average advertised rent for properties in the UK rose by 0.45% in May, reaching an average of £970 per month, according to the latest monthly index from Move with Us.Read full article: [Average advertised rents in the UK rise slightly]
 
Gap between cost of buying and renting in the UK narrows, according to latest research
2013-06-11 09:35:05 [Europe]
The gap between the cost of buying and renting a home in the UK is narrowing as property prices are rising, according to new research.Read full article: [Gap between cost of buying and renting in the UK narrows, according to latest research]
 
More landlords using rent as an income rather than for retirement, research finds
2013-06-10 08:22:56 [Europe]
A greater proportion of landlords are turning to the private rental sector in the UK to supplement their monthly income, new research shows.Read full article: [More landlords using rent as an income rather than for retirement, research finds]
 
Residential rent yields in the UK down by 0.1%, latest lettings index shows
2013-06-07 15:44:20 [Europe]
Average residential rental yields in the UK’s private rental sector dropped by 0.1% in May although there were increases in the East of England and Scotland, according to new figures.Read full article: [Residential rent yields in the UK down by 0.1%, latest lettings index shows]
 
Luxury home price growth in Asian slowing as cooling measures take effect
2013-06-06 05:38:17 [Asia]
Luxury home prices in Asia posted further gains in the first quartet of 2012 but the rate of growth has eased as government property cooling measures have taken effect, according to a new report from global research and real estate consulting firm CBRE.Read full article: [Luxury home price growth in Asian slowing as cooling measures take effect]
 
Stigma of local authority housing tenants receding in the UK, research suggests
2013-06-05 15:56:50 [Europe]
More and more landlords and agents in the UK are happy to take on local housing authority (LHA) tenants, despite the bad press they have had in recent years, according to new research.Read full article: [Stigma of local authority housing tenants receding in the UK, research suggests]
 
Prime central London property rental market is buoyant according to agents
2013-06-05 14:44:02 [Europe]
The prime lettings market in central London is active due to a shortage of family homes and increasing demand, the latest monthly report from sales and lettings agents W.A. Ellis shows.Read full article: [Prime central London property rental market is buoyant according to agents]
 
Unused spare bedrooms could boost the UK private rental market, research suggests
2013-06-05 08:28:58 [Europe]
Unused spare bedrooms in England could generate £5.8 billion each month if home owners rented them out, according to new researchRead full article: [Unused spare bedrooms could boost the UK private rental market, research suggests]
 
Scotland to get more investment in build to rent and new regulations for lettings industry
2013-06-03 15:44:48 [Europe]
The Scottish government has announced plans to modernise the country's private rented sector (PRS) in a major property market change.Read full article: [Scotland to get more investment in build to rent and new regulations for lettings industry]
 
Private rental sector rents up 2.7% in England
2013-05-31 12:23:27 [Europe]
Official government figures published today show rents in the private rented sector in England continue to undershoot inflation in most parts of the country.
Read full article: [Private rental sector rents up 2.7% in England]
 
Rental growth seen in Sharjah as demand outstrips supply
2013-05-28 13:36:00 [Middle East]
The residential property rental market in Sharjah is strengthening with landlords in the Emirate benefiting from the rising residential rents in Dubai and an influx of people who are being priced out of the market accordingly.
Read full article: [Rental growth seen in Sharjah as demand outstrips supply]
 
Landlords in the UK say they need more help and advice to cope with regulatory change
2013-05-28 12:17:11 [Europe]
Landlords across the UK are keen for help and advice due to changes in legislation and tax, according to a survey commissioned by specialist buy to let lender Paragon Mortgages.Read full article: [Landlords in the UK say they need more help and advice to cope with regulatory change]
 
Almost half of Londoners now rent rather than owning property, new research shows
2013-05-27 10:12:18 [Europe]

The dynamics of London's property rental market are experiencing a major sea change with almost half of Londoners now in rental properties, a new report shows.
Read full article: [Almost half of Londoners now rent rather than owning property, new research shows]
 
Scottish landlords urged to look at energy efficient measures
2013-05-24 10:41:04 [Europe]

Landlords in the private residential sector in Scotland should be encouraged to take advantage of energy efficiency measures allowing for long term financial benefits, according to agents CKD Galbraith.
Read full article: [Scottish landlords urged to look at energy efficient measures]
 
Warning for landlords and investors over size of contingency fund needed for buy to let
2013-05-22 11:21:29 [Europe]

Residential investors and landlords in the UK are not factoring in the costs of owning a buy to let property with a contingency fund and this is leading to an upward trend in repossessions, it is claimed.
Read full article: [Warning for landlords and investors over size of contingency fund needed for buy to let]
 
Residential rents rise across England and Wales for the first time since 2011
2013-05-17 08:43:43 [Europe]

For the first time since 2011 every region of England and Wales has seen annual residential property rent rises, new data published today (Friday 17 May) shows.
Read full article: [Residential rents rise across England and Wales for the first time since 2011]
 
Spanish plans to licence all holiday rentals adding to confusion over tourist lets
2013-05-16 14:04:21 [Europe]

Confusion surrounds plans by the Spanish government to licence the letting of holiday homes with conflicting advice making home owners unsure whether or not they will have to comply if new rules are introduced.
Read full article: [Spanish plans to licence all holiday rentals adding to confusion over tourist lets]
 
UK residential landlords to be forced to check immigration status of foreign tenants
2013-05-08 15:09:24 [Europe]

Residential landlords in the UK are to be forced to vet tenants’ right to live in the UK before agreeing a tenancy under proposals published in Parliament in today’s Queen’s speech.
Read full article: [UK residential landlords to be forced to check immigration status of foreign tenants]
 
Bahrain residential property market seeing increased demand
2013-04-24 10:00:35 [Middle East]

National uncertainty has taken a toll on Bahrain but the kingdom is now entering a period of relative calm and the Bahrain Central Bank has made a positive growth projection of 4% in 2013.
Read full article: [Bahrain residential property market seeing increased demand]
 
Southampton named as buy to let hotspot in the UK in terms of yields
2013-04-19 09:57:56 [Europe]

Southampton the best place in the UK for buy to let investors with a rental yield of 7.82% according to research from HSBC published today (Friday 20 April).
Read full article: [Southampton named as buy to let hotspot in the UK in terms of yields]
 
Brokers report increase in alternative finance for buy to let property investors
2013-04-19 08:23:07 [Europe]

Buy to let property investors in the UK are making more use of alternative finance as the mainstream lenders remain hesitant, according to new research published today (Friday 20 April).
Read full article: [Brokers report increase in alternative finance for buy to let property investors]
 
First new Build to Rent projects announced in the UK
2013-04-18 09:25:20 [Europe]

Up to 10,000 new homes for private rent will be underway in the UK by 2015 with 45 projects given the go ahead under the government’s £1 billion Build to Rent Fund, Housing Minister Mark Prisk has announced.
Read full article: [First new Build to Rent projects announced in the UK]
 
UK property lettings agents to be regulated for the first time
2013-04-16 11:51:01 [Europe]

Lettings agents in the UK are to be regulated putting them on par with estate agents in a move that is the culmination of vigorous campaigning by the property industry.
Read full article: [UK property lettings agents to be regulated for the first time]
 
UK private rental market generally stable, latest index shows
2013-04-15 09:46:51 [Europe]

Average rents in the UK fell nationally by 0,43% in the first three months of 2013 but new figures show that there are significant changes and regional variations.
Read full article: [UK private rental market generally stable, latest index shows]
 
Strong growth in Dubai’s residential property market
2013-04-12 08:16:00 [Europe]

A renewed confidence has burst onto the residential property market in Dubai with positive economic growth leading to new developments being announced and new buyers coming to the market place.
Read full article: [Strong growth in Dubai’s residential property market]
 
New tax year is a chance for UK landlords to make buy to let less taxing
2013-04-05 13:49:08 [Europe]

With a new tax year commencing, and repeat warnings that HMRC are cracking down on tax evasion amongst residential landlords, the Landlord Syndicate is offering advice to landlords on how to make their tax less taxing in the year ahead.
Read full article: [New tax year is a chance for UK landlords to make buy to let less taxing]
 
UK rents expected to continue rising in all regions, says RICS
2013-04-05 09:11:56 [Europe]

Tenant demand in the UK’s private rented property sector is continuing to grow at a faster pace than new property becomes available, according to the latest Residential Lettings Survey from the Royal Institution of Chartered Surveyors (RICS).
Read full article: [UK rents expected to continue rising in all regions, says RICS]
 
Property prices still falling in Portugal but confidence is improving, says RICS
2013-04-04 12:38:19 [Europe]

Residential property prices in Portugal continue to fall due to weak demand and rents are also down but confidence in the country’s hard hit real estate sector has risen to its highest level for over two years.
Read full article: [Property prices still falling in Portugal but confidence is improving, says RICS]
 
The number of tenants in the UK in severe arrears has increased, new research shows
2013-04-04 11:48:44 [Europe]

Severe arrears in the UK’s private rented property sector over the last 12 months are now 20% above the long term average and evictions are also up, research shows.
Read full article: [The number of tenants in the UK in severe arrears has increased, new research shows]
 
Rents for prime property in key global cities increased in 2012, latest research shows
2013-04-03 12:16:32 [Global News]

Prime residential property rents in key cities around the world increased by 5.1% in 2012, up from 3.5% a year earlier, the latest global rental index shows.
Read full article: [Rents for prime property in key global cities increased in 2012, latest research shows]
 
Villa rents fall in India as global companies cut back on expat budgets
2013-03-29 10:30:42 [Asia]

Villa rents in Bangalore, India’s hub for the country’s burgeoning IT sector and popular with expats, are falling.
Read full article: [Villa rents fall in India as global companies cut back on expat budgets]
 
Property in Cyprus viewed as a risky investment, says RICS
2013-03-29 09:05:35 [Europe]

Property in Cyprus was regarded as a risky investment even before the current banking crisis with the latest index compiled by the Royal Institution of Chartered Surveyors showing that there has been a sharp reduction in sales, prices and rents.
Read full article: [Property in Cyprus viewed as a risky investment, says RICS]
 
Tenants in the UK would take 23 years to save for the average house deposit; survey shows
2013-03-28 14:04:43 [Europe]

Based on current average savings, it would take renters in the UK some 23 years to save enough for the average deposit on a home, new research shows.
Read full article: [Tenants in the UK would take 23 years to save for the average house deposit; survey shows]
 
ARLA calls for regulation of the private rented property sector in the UK
2013-03-28 09:11:11 [Europe]

The Association of Residential Letting Agents (ARLA) has unveiled its proposal for the regulation of the UK property sector, calling on government to introduce a new, comprehensive regulatory structure for those working in the lettings, sales and management of property.
Read full article: [ARLA calls for regulation of the private rented property sector in the UK]
 
Strong and consistent tenant demand reduces void periods in UK
2013-03-27 13:04:57 [Europe]

Void periods in private residential property in the UK have fallen to their lowest level in over a year, helped by strong and consistent tenant demand, according to the latest research from the National Landlords Association (NLA).
Read full article: [Strong and consistent tenant demand reduces void periods in UK]
 
Over 60% of private sector tenants in England don’t expect to be able to buy
2013-03-18 16:51:35 [Europe]

Six out of ten renters in England never expect to be able to buy a home and many of those who do think they will have to wait five years or more, new research shows.
Read full article: [Over 60% of private sector tenants in England don’t expect to be able to buy]
 
Prime rental prices and standards increasing in London, research reveals
2013-03-15 08:56:24 [Europe]

Big residential portfolio investors and traditional family owned estates are raising the bar for quality and service on offer to tenants in central London through investment in their rental stock, research shows.
 
Read full article: [Prime rental prices and standards increasing in London, research reveals]
 
Lettings industry regulation in UK a step closer
2013-03-11 09:55:56 [Europe]

The Royal Institution of Chartered Surveyors (RICS), The Property Ombudsman, Which? and ARLA have welcomed a decision in the House of Lords to introduce an amendment in law to help protect tenants and regulate the lettings industry in the UK.
Read full article: [Lettings industry regulation in UK a step closer]
 
Prime residential rental market in London now favours tenants, research suggests
2013-03-08 09:00:13 [Europe]

The balance of power has shifted from landlords to tenants in London’s prime residential lettings market as increased stock levels have given tenants greater choice, new research shows.
Read full article: [Prime residential rental market in London now favours tenants, research suggests]
 
Concerns over tenant deposit decision due in UK Court next month
2013-02-26 12:53:32 [Europe]

A decision on whether rent paid in advance is also a tenant’s deposit is due in the UK’s Court of Appeal next month which could result in major changes if it is regarded as such.
Read full article: [Concerns over tenant deposit decision due in UK Court next month]
 
UK rental asking prices fell last month across the country
2013-02-20 12:51:12 [Europe]

Rental asking prices fell across the UK last month despite most regions recording rent increases, mostly due to a 1.07% average decrease in London, according to new research.
Read full article: [UK rental asking prices fell last month across the country]
 
Abu Dhabi rental rates coming down as new stocks pushes out older properties
2013-02-19 14:57:12 [Middle East]

Thousands of new homes in Abu Dhabi are bringing down rental rates and the market is set to divide as people seek out newer properties rather than old stock, it is claimed.
Read full article: [Abu Dhabi rental rates coming down as new stocks pushes out older properties]
 
Growth of rent to rent trend in UK’s private rental sector highlighted
2013-02-19 13:36:57 [Europe]

Concerns are being express ed about a new development in the UK residential lettings market known as Rent-to-Rent, which entails individuals renting a residential property and then sub letting it for profit as a business.
Read full article: [Growth of rent to rent trend in UK’s private rental sector highlighted]
 
Cleaning costs most friction between landlords and tenants
2013-02-14 08:58:58 [Europe]

Cleaning continues to be the most common cause of a dispute between UK private landlords and tenants, according to new statistics from the Tenant Deposit Scheme (TDS).
Read full article: [Cleaning costs most friction between landlords and tenants]
 
Home ownership in England falls to lowest level for a quarter of a century
2013-02-08 11:34:24 [Europe]

Home ownership in England has fallen to its lowest level for 25 years as the economic downturn and lack of lending means many cannot afford to buy.
Read full article: [Home ownership in England falls to lowest level for a quarter of a century]
 
Foreign property investors continue to buy in London
2013-02-06 10:28:35 [Europe]

An influx of foreign property investor money has helped make the prime central London residential real estate market buoyant, according to the latest report from agents W.A.Ellis.
Read full article: [Foreign property investors continue to buy in London]
 
Hong Kong is most expensive place for expats to rent property
2013-02-05 17:19:54 [Global News]


Hong Kong is the most expensive location in the world to rent a high end three bedroom apartment, followed by Caracas in Venezuela, according to research.


 

Read full article: [Hong Kong is most expensive place for expats to rent property]
 



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