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iStopOver makes participants an average of £3,000 a year The UK is expecting an influx of around 7m visitors next year when the Olympic and paralympic games are held in London. [...]  Knight Frank has recently released research which shows that rents inLondon’s prime locations have fallen for the first time since their low in mid-2009. However, despite the drop the rents are still near an all-time high. The head of residential research at Knight Frank is Liam Bailey and he has commented, “We have seen rents subside [...] Demand from investors has meant the Barclays is continuing with its buy to let mortgages as the rental market is performing strongly. The mortgage arm of Barclays is Woolwich, and they are offering a loan to value range of 75%. There is a fixed agreements have five years deal currently at 5%. For those who [...] In the last year the average amount made by retail landlords has increased by around 2%. These figures have come from the Investment Property Databank which have also shown that the income from industrial buildings as well as offices has dropped by around 1%. Many investors have seen the UK property market as a poor investment [...] August marked the seventh month in a row that the cost of renting a home in the UK has increased. August saw a new record for an increase in cost for a single month, with the cost of renting a home reaching an average price of over £700. It was the South East and Wales that [...] According to the latest figures released by Endsleigh, a specialist letting agent service provider, 46% of the population are renting their properties as opposed to 23% who own their own home. From the data provided, it has been established that Middlesex is the most popular area for people renting with more than three times as many [...] Shortage of properties, high demand and constant increases in rent are pushing many tenants to despair as they find themselves being priced out of the rental market. Surveyors have reported that rents rose again in the first 3 months of the year, according to survey carried out by RICS, the Royal Institution of Chartered Surveyors. [...] The government plans to strengthen its Energy Bill it revealed yesterday to help ensure that Green Deal their flagship scheme, cracks down on those landlords that are letting inefficient draughty homes. Secretary of Energy and Climate Change Chris Huhne said the bill would introduce new rules to minimum energy efficient standards for rental properties through [...] The rental market in London is continuing to soar, according to one of the Capitals leading experts. This in turn is leading to a waiting list of tenants and a property shortage. Anita Mehra, the MD of Benham and Reeves say that there are four main factors which have made the market what it is [...] People’s views are becoming more open-minded regarding renting in the UK, since more people are less able to buy property and must resign themselves to becoming tenants, according to one survey. The Association of Residential Letting Agents’ last survey of the fourth quarter indicated that more than 70% landlords believed renting was more acceptable than it [...] |
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