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News related to rental market

Majority of UK tenants rent as they can’t afford to buy, new research reveals
2014-09-19 08:55:36 [Europe]
Almost 60% of tenants in the UK rent because they are priced out of the housing market but generally they have a positive relationship with their landlords, new research shows.Read full article: [Majority of UK tenants rent as they can’t afford to buy, new research reveals]
 
English landlords enjoying a booming rental market, says new research
2014-09-18 07:46:04 [Europe]
Landlords in England are witnessing a booming rental market, with earnings from rental payments in excess of £32 billion per year or almost £2.7 billion per month, according to new research.Read full article: [English landlords enjoying a booming rental market, says new research]
 
UK home rental price growth eases, latest index shows
2014-09-15 08:34:20 [Europe]
Rental price growth across the UK eased in August, with every region seeing smaller rent increases than in previous months, according to the latest index.Read full article: [UK home rental price growth eases, latest index shows]
 
NLA calls for extension to PRS energy efficiency deadline
2014-09-12 10:31:52 [Europe]
The National Landlords Association (NLA) has warned the UK government to tread cautiously in introducing minimum energy efficiency requirements in the private rented sector (PRS).Read full article: [NLA calls for extension to PRS energy efficiency deadline]
 
New controls on the UK’s private rental market hailed is a flawed idea
2014-09-11 13:33:41 [Europe]
Home seekers would face higher rents and restricted choice if tenancy rent controls were introduced in the UK, it is claimed.Read full article: [New controls on the UK’s private rental market hailed is a flawed idea]
 
More than 50% of UK tenants have problems with landlords and letting agents
2014-09-11 10:27:49 [Europe]
Over half of UK tenants have problems with landlords and letting agents and two thirds don’t consider if their letting agent or landlord is licensed, new research has found.Read full article: [More than 50% of UK tenants have problems with landlords and letting agents]
 
Prime central London rental market in recovery mode
2014-09-10 12:39:49 [Europe]
The prime central London rental market continued its recovery in August as uncertainty surrounding next May’s general election turned more prospective buyers into tenants, a new report suggests.Read full article: [Prime central London rental market in recovery mode]
 
Wear and tear is most misunderstood issue for tenants and landlords
2014-09-10 09:33:31 [Europe]
Fair wear and tear is the most misunderstood area of the whole renting process and agents and landlords still have unrealistic expectations centred on the deductions that can and cannot be made from the tenant deposit, it is claimed.Read full article: [Wear and tear is most misunderstood issue for tenants and landlords]
 
Research suggests many UK landlords don’t break even
2014-09-09 09:58:43 [Europe]
More than a quarter of landlords in the UK who let out a single property break even or run at a loss, according to new findings from the National Landlords Association (NLA).Read full article: [Research suggests many UK landlords don’t break even]
 
UK lettings agents have less than a month to get on redress schemes
2014-09-08 09:01:36 [Europe]
Letting agents in the UK are being urged to meet the October deadline to register with an approved redress scheme.Read full article: [UK lettings agents have less than a month to get on redress schemes]
 
Strong economic growth in the US set to boost commercial real estate sectors
2014-09-05 15:24:40 [North America]
The strong rebound in economic growth in the United States during the second quarter of this year and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, it is claimed.Read full article: [Strong economic growth in the US set to boost commercial real estate sectors]
 
UK landlords will find best rental yields in northern regions, it is claimed
2014-09-05 06:28:35 [Europe]
The North of England offers the best buy to let returns for landlords in the UK with central London at the bottom, according to new research.Read full article: [UK landlords will find best rental yields in northern regions, it is claimed]
 
UK pilot scheme on checking tenants immigration rights to launch in December
2014-09-04 08:33:50 [Europe]
The UK government has announced that the first pilot scheme for landlords to check the immigration status of prospective tenants will begin in December in the West Midlands.Read full article: [UK pilot scheme on checking tenants immigration rights to launch in December]
 
UK Landlords get better rental returns from furnished flats in town and cities
2014-08-27 15:18:56 [Europe]
Furnished flats in towns and cities provide the best rental returns for UK landlords as they appeal to young, mobile tenants, according to research from Countrywide.
Read full article: [UK Landlords get better rental returns from furnished flats in town and cities]
 
Renting more expensive than ever in many US metros, latest index data suggests
2014-08-27 14:03:59 [North America]
Renting is currently more expensive than ever in many areas in the United States, making it difficult for renters to save for a down payment on a home, according to a new analysis report.Read full article: [Renting more expensive than ever in many US metros, latest index data suggests]
 
Scotland sees first rent rise for almost two years due to fees change
2014-08-27 13:20:56 [Europe]
The ban on tenant fees has accelerated rent rises in Scotland with annual average rents up 2.3% after years of stability, according to the latest published index.Read full article: [Scotland sees first rent rise for almost two years due to fees change]
 
Unwelcome practice of double dipping among UK letting agents revealed
2014-08-25 08:33:42 [Europe]
Unscrupulous letting agents that are charging tenants and landlords for the same service such as checking references or alterations to contract extension agreements, new research has found.Read full article: [Unwelcome practice of double dipping among UK letting agents revealed]
 
Supply and demand creating rent fluctuations in prime London market
2014-08-19 09:41:29 [Europe]
A shift in supply and demand in the London prime property rental market is resulting in marked variations depending on location.Read full article: [Supply and demand creating rent fluctuations in prime London market]
 
Average rent in Great Britain reaches £1,029 a month, index data shows
2014-08-18 08:52:51 [Europe]
The average advertised rent in Great Britain increased by 6.56% in July 2014 compared to the same time last year, reaching £1,029 per month, the latest index shows.
Read full article: [Average rent in Great Britain reaches £1,029 a month, index data shows]
 
Scotland sees average rents rise much faster than rest of UK
2014-08-18 08:13:30 [Europe]
The private rental market in Scotland saw a sharp rise with average rent prices rising 10% last month compared to 4.4% in the UK as a whole.Read full article: [Scotland sees average rents rise much faster than rest of UK]
 
Rents in England and Wales up 2% year on year, latest index shows
2014-08-15 08:54:04 [Europe]
Annual rent rises in England and Wales have increased to 2%, the first real time growth since September last year, to average £753 per month, the latest index shows.
Read full article: [Rents in England and Wales up 2% year on year, latest index shows]
 
Prime central London flat sales down 11% year on year
2014-08-13 16:51:06 [Europe]
Flat sales in the prime central London property market are down 11% year on year but house transactions are up 20%, the latest market report shows.Read full article: [Prime central London flat sales down 11% year on year]
 
New study says UK landlords are leaving themselves exposed to tenant wrong doing
2014-08-12 09:54:10 [Europe]
UK landlords are leaving themselves exposed to the country’s worst tenants by failing to carry out basic checks, according to new research.Read full article: [New study says UK landlords are leaving themselves exposed to tenant wrong doing]
 
Majority of UK landlords are part time or amateur, says NLA
2014-08-11 13:06:03 [Europe]
The National Landlords Association (NLA) is reminding UK landlords of the importance of understanding their obligations as its latest research shows that more than a quarter have been letting for less than five years.Read full article: [Majority of UK landlords are part time or amateur, says NLA]
 
Strengthening economy and jobs market boost prime lettings in London
2014-08-06 15:24:43 [Europe]
A strengthening UK economy and more buoyant employment market has translated to a pick up in the prime lettings market in London in the first half of 2014.Read full article: [Strengthening economy and jobs market boost prime lettings in London]
 
UK sees private rental sector growth
2014-08-05 16:36:22 [Europe]
Monthly rents in the UK, excluding London, have increased by 4% annually to £689 with six tenants are chasing every available property across the country, the highest since 2011, the latest rental index showsRead full article: [UK sees private rental sector growth]
 
Report calls for expansion of private rental sector in Scotland
2014-08-04 16:00:33 [Europe]
A more robust private rented sector needs to be created in Scotland and more land made available for building new homes, according to a new report from the independent Scottish Housing Commission.Read full article: [Report calls for expansion of private rental sector in Scotland]
 
Strengthening economy and jobs market boost prime lettings in London
2014-08-04 11:34:49 [Europe]
A strengthening UK economy and more buoyant employment market has translated to a pick up in the prime lettings market in London in the first half of 2014.Read full article: [Strengthening economy and jobs market boost prime lettings in London]
 
Average prime London rents back to peak levels
2014-07-31 12:58:43 [Europe]
Average rents in the prime London market are back to peak levels but growth in the city is not uniform with levels in the east leading the growth, according to new researchRead full article: [Average prime London rents back to peak levels]
 
Private rental sector growing in England, latest housing survey shows
2014-07-31 08:44:40 [Europe]
The private rented residential sector has overtaken the social rented sector in England to become the second largest tenure in the country, according to new figures.Read full article: [Private rental sector growing in England, latest housing survey shows]
 
Families renting in key global cities want a secure tenancy, new research shows
2014-07-29 15:48:35 [Global News]
Significant differences in the structure of the private rental markets in London, New York, Berlin and the Randstad cities in Holland have led to vastly different numbers of families choosing to rent, new research shows.Read full article: [Families renting in key global cities want a secure tenancy, new research shows]
 
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]
 



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