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News related to rental market

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]
 
Over half of UK landlords plan to expand their portfolios in 2015
2014-12-05 17:28:03 [Europe]
Over half of landlords in the UK are looking to buy more property in 2015 and are feeling bullish about the new year, according to a new study.
Read full article: [Over half of UK landlords plan to expand their portfolios in 2015]
 
Research reveals high number of UK tenants don’t have contents insurance
2014-12-05 07:37:43 [Europe]
With both the cost of renting and the number of renters increasing in the UK new research has found that a third of tenants don’t have any form of home insurance to protect their contents.Read full article: [Research reveals high number of UK tenants don’t have contents insurance]
 
Private rental sector identified as a growth area in UK property markets
2014-12-04 10:06:39 [Europe]
The changing lifestyles of people aged under 35 and a shift in sentiment towards property ownership are set to contribute to a surge in the UK’s private rental sector, it is claimed.Read full article: [Private rental sector identified as a growth area in UK property markets]
 
Faulty boilers are top cause of complaint for UK tenants
2014-12-02 10:28:11 [Europe]
The top cause of complaint from tenants in the UK is a faulty boiler, with nearly a third of tenants suffering from lack of hot water and/or heating at some time during their tenancy.Read full article: [Faulty boilers are top cause of complaint for UK tenants]
 
Investigation claims property redress scheme not working in London
2014-11-27 08:56:03 [Europe]
Local authorities in London are failing to do their job stamping out rogue letting agents, according to a new investigation.Read full article: [Investigation claims property redress scheme not working in London]
 
Scottish rent rises outpace rest of UK
2014-11-26 07:22:20 [Europe]
Scotland is seeing stronger annual rent growth than England and Wales, with average residential rents up 2.2% compared to a year ago, the latest index shows.Read full article: [Scottish rent rises outpace rest of UK]
 
Rents fall across majority of UK regions in October, latest monthly index shows
2014-11-24 18:19:44 [Europe]
Most regions in the UK saws rental prices fall in October and while they are still higher than a year ago the last three months data indicates a cooling in the market, according to the latest index.Read full article: [Rents fall across majority of UK regions in October, latest monthly index shows]
 
Residential rents in England and Wales reach new record
2014-11-21 07:21:27 [Europe]
Rents across England and Wales have reached a new record of £770 per month, up 1.5% over the last 12 months, according to the latest buy to let index.Read full article: [Residential rents in England and Wales reach new record]
 
UK buyers better off than renters after five years, new study has found
2014-11-20 17:08:25 [Europe]
Buyers in the UK are better off than renters within five years on average as a result of equity outstripping the value of savings, new research has found.
Read full article: [UK buyers better off than renters after five years, new study has found]
 
Landlords more ethical than many might think, new poll finds
2014-11-20 10:38:34 [Europe]
Like estate agents, landlords often get a bad press but new research has found that they are more ethical that they are given credit for.
Read full article: [Landlords more ethical than many might think, new poll finds]
 
UK buyers better off than renters after five years, new study has found
2014-11-19 18:21:32 [Europe]
Buyers in the UK are better off than renters within five years on average as a result of equity outstripping the value of savings, new research has found.Read full article: [UK buyers better off than renters after five years, new study has found]
 
Rents rise in every county in Ireland, latest quarterly rental report shows
2014-11-19 07:23:17 [Europe]
Rents are now more expensive than they were at the same stage last year in every county in Ireland, according to the latest quarterly rental Report by Daft.Read full article: [Rents rise in every county in Ireland, latest quarterly rental report shows]
 
Annual residential rents up 1.3% in Australia, but cities show differing rates
2014-11-17 12:42:51 [Australasia]
Annual rental rate for houses and apartments in Australia increased by 1.3% in the third quarter of 2014, according to the latest data to be published.Read full article: [Annual residential rents up 1.3% in Australia, but cities show differing rates]
 
Interest rates and property tax concerns impacting prime central London market
2014-11-13 11:10:25 [Europe]
Concerns around interest rates and property taxes have impacted on sentiment within the prime central London residential market, it is claimed.Read full article: [Interest rates and property tax concerns impacting prime central London market]
 
UK landlords can expect speedier eviction process for rogue tenants
2014-11-13 08:01:28 [Europe]
A new service launched by the UK Government enables landlords to start the process of evicting tenants using the Section 21 accelerated possession procedure by filling out an online form.Read full article: [UK landlords can expect speedier eviction process for rogue tenants]
 
Official figures show rent increases in Scotland are largely below inflation
2014-11-12 15:51:01 [Europe]
Between 2010 and 2014 most average rents in Scotland increased below the rate of inflation, with some rents falling, the latest data from the Scottish Government shows.Read full article: [Official figures show rent increases in Scotland are largely below inflation]
 
Average residential tenancy deposit in England and Wales up 11% year on year
2014-11-12 11:58:37 [Europe]
The value of deposits for the average home tenancy in England and Wales has increased by 11% over the last year, according to the latest published data.Read full article: [Average residential tenancy deposit in England and Wales up 11% year on year]
 
PRS sector in UK benefits from improvement in tenant arrears
2014-11-11 10:09:17 [Europe]
The number of UK tenants severely behind on rental payments has fallen by 9% over the last 12 months, new research shows.Read full article: [PRS sector in UK benefits from improvement in tenant arrears]
 
Value of British property owned by landlords set to break £1 trillion mark in 2015
2014-11-10 14:43:44 [Europe]
The value of property owned by landlords in Great Britain is set to break the £1 trillion pound barrier next year, according to new research.Read full article: [Value of British property owned by landlords set to break £1 trillion mark in 2015]
 
Research reveals UK landlords experience difficulties accessing buy to let finance
2014-11-10 08:10:25 [Europe]
Three in 10 landlords in the UK plan to look for additional buy to let lending or to re-mortgage in the next three months, yet many may not gain access to finance, it is claimed.Read full article: [Research reveals UK landlords experience difficulties accessing buy to let finance]
 
UK landlords experiencing high levels of tenant demand, latest monthly survey shows
2014-11-07 08:55:46 [Europe]
UK landlords are still experiencing high levels of demand during the third quarter of the year with just 3% reporting that it is declining, the latest monthly buy to let survey shows.Read full article: [UK landlords experiencing high levels of tenant demand, latest monthly survey shows]
 



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