|
||||||
|
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 [...] The cost of renting property is going up, again. Rents have, in fact, risen to a historic high and are higher than the peak of 2008. Curiously, that peak came before the great economic downtrend, and while this certainly isn’t good news to renters, it may be a boost to the soft real estate market. Buyers [...] Local monitoring of private landlords in the U.K. is not sufficient and not properly enforced, according to ARLA (the Association of Residential Lettings Agents). The Government has recently scrapped plans that were designed to protect tenants’ rights, claiming that the Selective Licensing powers presently in place are adequate to provide security for the tenants of [...] Landlords continued to increase rents over the month of August at the steepest increase that has been seen in the housing market since August of last year. LSL Property Services reported that the increase was about 1.4% over the previous month. The average rent in the UK sits at £686 which is almost 2.5% higher than [...] Simon Hughes, the Liberal Democrat social leader, rejected the lifetime housing tenancies of David Cameron stating that they were a reminder of the Statsi and were a betrayal of the Conservative election. Housing minister, Grant Shapps, however decided to still offer up a consultation paper for the housing proposal with Shapps stressing that any propositions within [...] HomeAway Holiday-Rentals released figures that show Londoners plan to make millions by offering their homes as rentals to tourists who are in town for the London Olympics 2012. Homeowners that are pondering the possibility can make about £4,500 on average by renting out their home for the 16 day Olympic event by offering their homes [...] |
||||||
|
Copyright © 2012 The Property Forums |
||||||
