The British Property Federation has welcomed the government’s response to retail guru Mary Portas’ review of the UK’s high streets.
She asked the prime minister to conduct an independent review into the state of the high street, and the government has responded with a multi-million pound fund to bring empty shops back into use. Read more…
With the high demand for rental properties in the UK at the present time, it is tempting for landlords to increase rents.
However, David Lawrenson, private rented sector expert at LettingFocus.com, has urged landlords to think carefully about adding to their monthly rent rates. Read more…
Rental prices for flats in the UK have hit record heights, with new figures indicating the average monthly asking price is now £833 per month.
The figure is the highest on record and 2.5 per cent above the rates that were being paid at the same time last year. Read more…
Average rents fell slightly last month as first-time buyers rushed to beat the end of the stamp duty holiday.
LSL Property Services reported that the amount tenants pay reduced by 0.6 per cent month-on-month in February, hitting £707 in England and Wales. Read more…
An increase in rent has piled more pressure on tenants, according to LettingFocus.com.
David Lawrenson, private rented sector expert at the organisation, said that the amount that people are paying has gone up “markedly” over the last 18 to 24 months. Read more…
The market conditions which are so advantageous to investors with rented property insurance may be here for some time - but they will certainly not last forever.
Other property market trends look set to be more deep-rooted and could last much longer.
The housing difficulties faced by many under 25s is just one such problem. Read more…
Many landlords with Rented Property Insurance will recall that it was not that long ago that renting used to be for people who cannot afford to buy because it was too expensive.
And while some of that may still be true, the property market is now so abnormal that it is actually cheaper to buy than to rent.
This applies to homes right across the UK - in 80% of towns and cities. Read more…
