Rents increased 1.2% in February bringing an end to the short period of decline over the holidays and January.

The number of residential properties offered for rent also fell over the past two months as “accidental landlords” return to the sales market. This reduction in supply is pushing up rents due to the tenant demand for properties. Read more…

Residential property values had recorded a yearly 6.1% increase throughout the whole United Kingdom.

UK Property Website, Rightmove, released its report on the trend of UK house prices in February. A 6.1% increase in values over the past 12 months is reported - contributed to the average property prices to £229,398 this month. More importantly, this figure is 3.2% higher than the figure being released in January 2010. This monthly increase hit the record of the biggest jump for homes in England and Wales since April 2007 (i.e. the period of the real-estate boom). Read more…

Yields on buy-to-let property fell to 4.75% in January, the lowest level since August 2008, as rents fell and property prices continued to increase. However when house prices reached their lowest in March 2009, yields peaked at 5.1%.

Rents have fallen for the fourth consecutive month, falling 0.5% in January and are now 2% lower than in September 2009. In contrast house prices are 3.3% higher. Read more…

According to a survey from the Association of Residential Letting Agents (ARLA) a significant number of tenants are still struggling with rental payments.

The survey found that 55% of members have experienced tenants struggling to meet their rental payments with the recession and unemployment affecting many. Read more…

The increasing popularity of dinner parties over the past few months may not be as cost-effective as consumers initially thought unless homeowners have appropriate home insurance.

According to a British insurer, homeowners holding dinner parties as a cheaper alternative to eating out is perhaps behind the recent rise in home insurance claims. Read more…

It has been reported that the number of tenant evictions in England and Wales has dropped by 11% - a good sign of falling tenant arrears?

According to easyroomate.co.uk, the number of tenant evictions has dropped by 11% in England and Wales. The peak period of tenant evictions was recorded in the twelve months to the third quarter in 2008 at 56,700 - while the figure has fallen hugely by 6,000 to 50,700 over the same period in 2009. Read more…

House prices in the UK are predicted to increase by 20% in the next four years, according to the Centre of Economics and Business Research (CEBR).

 Since the banks started to step up lending and interest rates remain low, the Centre of Economics and Business Research (CEBR) predict that UK house prices will increase by 20% in the following four years. Read more…