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News related to rental market

Rents in Greater London double that of rest of UK, latest index shows
2014-07-28 14:36:47 [Europe]
For the first time ever, average rents in Greater London are more than double those across the rest of the UK at £1,412 and £694 respectively, new research shows.Read full article: [Rents in Greater London double that of rest of UK, latest index shows]
 
UK Home Counties see strong quarterly lettings demand
2014-07-25 10:52:19 [Europe]
The number of tenancies agreed across England’s Home Counties rental market between was 50% higher year on year in the second quarter of 2014, according to the latest Knight Frank lettings index.Read full article: [UK Home Counties see strong quarterly lettings demand]
 
UK landlords concerned about new immigration check requirements
2014-07-24 17:12:43 [Europe]
Eight out of 10 landlords in the UK believe that the new immigration legislation which comes into force in October 2014, places too much responsibility on them, a new study shows.Read full article: [UK landlords concerned about new immigration check requirements]
 
Protection scheme reveals £300,000 of tenancy deposit fraud by letting agent
2014-07-24 09:14:51 [Europe]
Enforcement agencies are being urges to work more closely with Tenancy Deposit Protection (TDP) schemes in the UK in order to crack down on rogue activity from fraudulent landlords and letting agents.
Read full article: [Protection scheme reveals £300,000 of tenancy deposit fraud by letting agent]
 
UK landlords report tenant demand is stable or growing
2014-07-22 10:43:30 [Europe]
Almost all landlords in the UK report that tenant demand is currently stable or growing, according to the latest quarterly survey from specialist buy to let lender Paragon Mortgages.Read full article: [UK landlords report tenant demand is stable or growing]
 
Prime central London lettings market sees significant growth
2014-07-18 08:05:12 [Europe]
Significant growth in the private rental sector in central London’s prime property market over the past decade now sees 16.2% more households living in private rented accommodation than in owner occupied properties.Read full article: [Prime central London lettings market sees significant growth]
 
Sales and rental markets in Abu Dhabi steady in second quarter of 2014
2014-07-17 11:59:23 [Middle East]
The real estate market in Abu Dhabi has been relatively steady in the second quarter of 2014 with prices and sales seeing little movement, according to the latest residential report from Asteco.Read full article: [Sales and rental markets in Abu Dhabi steady in second quarter of 2014]
 
Thousands of fewer tenants facing rental arrears in the UK
2014-07-16 15:28:24 [Europe]
The number of tenants in the UK severely behind on rental payments has fallen by 35,000 or 35% in last 12 months, new research shows.Read full article: [Thousands of fewer tenants facing rental arrears in the UK]
 
Demand for corporate rentals in London’s prime market set to increase
2014-07-16 10:35:59 [Europe]
Almost half of all tenants in the prime London property market are renting due to employment relocation as the city attracts companies from around the globe, according to a new analysis.Read full article: [Demand for corporate rentals in London’s prime market set to increase]
 
Half of tenants feel ripped off, new survey finds
2014-07-15 15:14:01 [Europe]
Half of all tenants in the UK feel a private sector landlord or letting agent has ripped them off with failure to get repairs done the top reason behind this feeling, new research shows.Read full article: [Half of tenants feel ripped off, new survey finds]
 
More part time landlords in the UK than ever before
2014-07-11 13:18:31 [Europe]
The proportion of part time UK landlords who supplement their day job with rental income has reached its highest ever level according to new research.Read full article: [More part time landlords in the UK than ever before]
 
Rents increases in Scotland well below inflation, new report shows
2014-07-10 09:59:08 [Europe]
Over the last four years the Scottish private rental sector has experienced average rent increases considerably below inflation, according to the latest quarterly report and analysis from Lettingweb.Read full article: [Rents increases in Scotland well below inflation, new report shows]
 
Damage to property is top cause of disputes between landlords and tenants
2014-07-08 12:13:50 [Europe]
Over half of landlords in the UK say that damage to property is the top cause of disputes with tenants followed by decoration and then rent arrears.Read full article: [Damage to property is top cause of disputes between landlords and tenants]
 
Rental costs in UK rising, but tenants can afford it, latest index suggests
2014-07-04 14:32:36 [Europe]
The average cost of renting a home in the UK continues to rise, but in most parts of the country, there are sufficient numbers of tenants with higher incomes to sustain the increases.Read full article: [Rental costs in UK rising, but tenants can afford it, latest index suggests]
 
Rising UK property prices biting into rental yields, latest data suggests
2014-07-04 08:39:19 [Europe]
Rising property prices in the UK are causing an about turn in rental yields but more complex buy to let properties are still commanding considerably higher yields, new data shows.Read full article: [Rising UK property prices biting into rental yields, latest data suggests]
 
Rental growth in prime markets of Nairobi and Dubai outpacing London and HK
2014-07-02 12:43:03 [Global News]
Prime residential rental growth in emerging markets such as Nairobi and Dubai continues to outpace that of the traditional financial centres of London and Hong Kong.Read full article: [Rental growth in prime markets of Nairobi and Dubai outpacing London and HK]
 
UK landlords report a downward trend in voids
2014-07-01 15:17:21 [Europe]
The average void period experienced by UK landlords has continued to fall and is down to 2.7 weeks, according to the latest quarterly survey from specialist lender Paragon Mortgages.Read full article: [UK landlords report a downward trend in voids]
 
Communication is key to avoiding rental disputes, it is claimed
2014-06-25 08:27:05 [Europe]
Good communication is essential between landlords and tenants to help prevent disputes and help raise conditions in the rental market, according to a British firm that provides rent recovery, referencing and eviction services.Read full article: [Communication is key to avoiding rental disputes, it is claimed]
 
National UK average rents reach above £1,000 for first time ever
2014-06-23 08:10:30 [Europe]
The national average advertised rent in Britain has risen above £1,000 for the first time, and reaching £2,300 per month in London, according to the latest index.Read full article: [National UK average rents reach above £1,000 for first time ever]
 
Hackney becoming a top rental hotspot in London, it is claimed
2014-06-20 14:02:25 [Europe]
East London has replaced location in the West as the most desirable place to live in the Capital, with rents in the trendy borough of Hackney becoming a new hotspot, it is claimed.Read full article: [Hackney becoming a top rental hotspot in London, it is claimed]
 
Rental market in England and Wales stable, according to latest index
2014-06-20 08:22:43 [Europe]
Average residential rent across England and Wales increases by 0.6% between April and May but despite this monthly change the annual rise of 1.1% is below inflation for the twelfth month in a row.Read full article: [Rental market in England and Wales stable, according to latest index]
 
Rocketing rents in London are not replicated in other parts of the UK
2014-06-19 15:31:19 [Europe]
London's rocketing rental market should be treated separately to the rest of the UK and the government should recognise this when formulating policy, it is claimed.Read full article: [Rocketing rents in London are not replicated in other parts of the UK]
 
Residential rents in England and Wales up 11% year on year
2014-06-19 08:20:56 [Europe]
Rents in England and Wales have increased 11% annually as demand also rises with the pace of growth in London showing no signs of slowing, according to the latest rental index.Read full article: [Residential rents in England and Wales up 11% year on year]
 
Prime property lettings market in London sees growth in first quarter of 2014
2014-06-17 12:07:59 [Europe]
London's prime residential lettings market witnessed an increase in activity in the first quarter of the year with agreed lets 6.2% higher and newly registered applicants up by 7.7% compared to the same period in 2013.Read full article: [Prime property lettings market in London sees growth in first quarter of 2014]
 
Majority of UK landlords reject tenants on benefits, new research shows
2014-06-13 11:13:55 [Europe]
New research shows that eight out of 10 landlords in the UK refuse tenants whose rent is paid by local authorities with just 18% happy to let to this group.Read full article: [Majority of UK landlords reject tenants on benefits, new research shows]
 
New guide launched in UK for private rented sector tenants
2014-06-10 11:36:35 [Europe]
UK Housing Minister Kris Hopkins has launched new How to Rent guide for private rented sector tenants in the country as part of a wider crackdown on rogue landlords.Read full article: [New guide launched in UK for private rented sector tenants]
 
London’s first ever private rental standard scheme launched
2014-06-02 12:57:32 [Europe]
The Mayor of London has launched the first ever rental standard, a city wide badge of accreditation, to help millions of Londoners rent with confidence, and to give the city's 300,000 landlords peace of mind.Read full article: [London’s first ever private rental standard scheme launched]
 
Southampton is UK’s buy to let hot spot, new research suggests
2014-05-28 11:15:09 [Europe]
Southampton is the buy to let hotspot for property investors in the UK with yields of 8.73% while yields are growing fastest in Reading and Brighton, according to new research.Read full article: [Southampton is UK’s buy to let hot spot, new research suggests]
 
Rental landscape in London changing as more landlords seek capital growth
2014-05-27 15:35:18 [Europe]
The residential rental landscape in London is changing fast with buy to let investors no longer necessarily chasing high yields but also looking for capital growth alone, it is claimed.Read full article: [Rental landscape in London changing as more landlords seek capital growth]
 
Majority of British landlords planning to increase rents, new survey suggests
2014-05-26 18:06:34 [Europe]
The majority of private sector landlords in the UK are planning to increase their rents in the next 12 months, according to a new study.Read full article: [Majority of British landlords planning to increase rents, new survey suggests]
 
Rents stable across most of UK, latest index shows
2014-05-21 07:58:53 [Europe]
The UK rental market stabilised in April following successive periods of growth across the country with average advertised rents at £994 per month, according to the latest published data.Read full article: [Rents stable across most of UK, latest index shows]
 
UK buy to let market has positive outlook for landlords, new survey suggests
2014-05-16 13:04:08 [Europe]
The buy to let market in the UK looks set to expand further during 2014, with 60% of landlords planning to increase their property portfolios over the next six months, according to new research.Read full article: [UK buy to let market has positive outlook for landlords, new survey suggests]
 
Residential rents set to remain high in Dubai despite slowing of growth
2014-05-16 11:05:21 [Middle East]
Average residential rents in Dubai are to remain high despite a slowing in rental value growth, according to the latest report from property firm Cluttons.Read full article: [Residential rents set to remain high in Dubai despite slowing of growth]
 
Rents in England and Wales rise much less than inflation, latest index shows
2014-05-16 09:12:35 [Europe]
Rent rises across England and Wales have slowed to less than half the current rate of inflation with rents up by only £5, or 0.6%, in the last 12 months.
Read full article: [Rents in England and Wales rise much less than inflation, latest index shows]
 
Over half UK homes rented by 2032 if current trends continue, research shows
2014-05-15 08:22:43 [Europe]
Over half of UK homes will be rented by 2032 for the first time in 60 years if current housing trends go unchecked, according to a new report from the Intermediary Mortgage Lenders Association.Read full article: [Over half UK homes rented by 2032 if current trends continue, research shows]
 
New controls in France could see monthly rents fall by up to 25% in some areas
2014-05-12 09:57:58 [Europe]
Landlords letting both furnished and unfurnished property in France face new rent controls and tougher penalties for those who flout the rules.Read full article: [New controls in France could see monthly rents fall by up to 25% in some areas]
 
Number of home buyers in US paying cash reaches a new high
2014-05-09 15:52:01 [North America]
The number of buyers in the US paying cash for properties has reached a new high with the latest figures showing that 42.7% of all residential sales were cash in the first quarter of the year.Read full article: [Number of home buyers in US paying cash reaches a new high]
 
US rental prices rising as demand for lettings remain strong, according to NAR survey
2014-05-06 08:20:11 [North America]
Demand for rental property in the United States remained strong in March, according to the latest index from the National Association of Realtors.Read full article: [US rental prices rising as demand for lettings remain strong, according to NAR survey]
 
Tenants warned over fraudster landlords
2014-05-06 08:08:11 [Europe]
Fraudsters operating under the guise of legitimate landlords in some parts of the UK are fleecing hopeful tenants out of huge sums in a range of scams, according to a new report.Read full article: [Tenants warned over fraudster landlords]
 
Buying is better financially than renting for half of US metro areas, new research shows
2014-05-02 15:53:41 [North America]
Buying a home is a better financial decision than renting for US home buyers who plan to stay in their home for at least two years in half of metros, according to the first quarter Zillow breakeven horizon report.Read full article: [Buying is better financially than renting for half of US metro areas, new research shows]
 
Property industry calls plans for rent cap in the UK unworkable
2014-05-01 13:34:09 [Europe]
The leader of the opposition in the UK has been criticised by the lettings industry after announcing that his Party would introduce a national cap on rental increases if it comes to power at next year’s general election.Read full article: [Property industry calls plans for rent cap in the UK unworkable]
 
UK private rental prices up by 1% in last 12 months, latest data shows
2014-04-25 10:10:36 [Europe]
Private rental prices paid by tenants in the UK increased by 1% in the 12 months to March 2014, unchanged from a 1% increase in the 12 months to February 2014, the latest data shows.Read full article: [UK private rental prices up by 1% in last 12 months, latest data shows]
 
South east UK lettings market seeing more demand
2014-04-24 12:15:34 [Europe]
Parts of the south east of England lettings market are seeing a surge in enquiries from buy to let investors and a demand from older tenants.Read full article: [South east UK lettings market seeing more demand]
 
Demand pushing up rents across the UK, especially in London, new data shows
2014-04-23 08:12:59 [Europe]
Heightened competition among tenants have led to private residential rents in the UK rising by 8% annually, according to the latest data.Read full article: [Demand pushing up rents across the UK, especially in London, new data shows]
 
UK landlords likely to see buy to let rental yields fall
2014-04-21 10:04:26 [Europe]
UK house prices rising faster than rents could result in yields for buy to let landlords becoming slimmer than in previous years, it is claimed.Read full article: [UK landlords likely to see buy to let rental yields fall]
 
Rising rents and lack of affordable housing could force people out of Dubai, experts warn
2014-04-21 09:30:44 [Middle East]
Rising rents and a lack of affordable housing in Dubai is starting to cause some concerns according to real estate experts in the emirate.Read full article: [Rising rents and lack of affordable housing could force people out of Dubai, experts warn]
 
Compulsory redress schemes for UK letting and property management agents confirmed
2014-04-18 08:10:58 [Europe]
All letting and property management agents in the UK will be required to join an approved redress scheme later this year under new plans announced by Housing Minister Kris Hopkins.Read full article: [Compulsory redress schemes for UK letting and property management agents confirmed]
 
UK set to become more like Europe in terms of renting homes, new research suggests
2014-04-18 08:04:01 [Europe]
One in five of 23 to 27 year olds in the UK have no desire to own a home, suggesting that the country will become a nation of renters within the next generation, according to a new report.Read full article: [UK set to become more like Europe in terms of renting homes, new research suggests]
 
More Rent to Build projects announced by UK housing minister
2014-04-16 14:37:12 [Europe]
The second phase of the UK’s Build to Rent scheme is set to deliver up to 6,500 new home for private rent in England, housing minister Kris Hopkins has announcedRead full article: [More Rent to Build projects announced by UK housing minister]
 
Rent rises in the UK set to be overtaken by wage growth this summer, report suggests
2014-04-10 12:42:52 [Europe]
Rent rises in the UK will be overtaken by wage growth in 2014, while disposable income for those in the private rented sector is set to grow for the first whole year since the financial crisis, according to a new report.Read full article: [Rent rises in the UK set to be overtaken by wage growth this summer, report suggests]
 



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