[ad_1]
A new report on the state of the private rented sector reinforces the need for Government, landlords and letting agents to take stock if they want the future to be bright and startling figures reveal the extent of bad practice among letting agents. Parts of the analysis from Kent Reliance, part of One Savings Bank […]
The post Bad practice still being uncovered in PRS appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
Disused historic building in towns and cities in England could be transformed into homes as part of a Government plan to revitalise 69 High Streets. Some £95 million is being made available, the biggest ever single investment by Government in the UK’s built heritage with the aim of helping traditional businesses to adapt to compete […]
The post Disused historic buildings could become homes under new funding initiative appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
London Trading Standards (LTS) has issued a stark warning to tenants to make sure they understand their rights or risk being ripped off by rogue letting agents after issuing over a million pounds in fines. LTS released figures showing that letting agents were fined over £1.2million for breaking the law, either for not displaying fees […]
The post Trading Standards issue over £1 million in fines to letting agents in London appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
The average price of property coming to market fell by 0.2% in September, the first price decline recorded at this time of year since 2010, the latest residential index shows. September is usually the start of an autumn bounce in housing market activity but uncertainty is causing some to hesitate and this is expected to […]
The post Asking prices fall at the start of autumn for first time since 2010 appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
The average rent of a newly let property in Britain rose to £998 per calendar month in August, some 2.3% higher than the same time last year, according to the latest lettings sector index. Two regions, the South East and South West recorded strong annual rental growth of 5.6% to £1,112 and 5.5% to £852 […]
The post Average rents in Britain up 2.3% in 12 months to August 2019 appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
Government intervention and Brexit uncertainty has subdued the growth of the private rented sector (PRS) in Britain which has expanded by just 0.2% a year with 5.4 million properties, according to a new analysis. But the value of the PRS continues to increase, although stuttering house price growth means the sector has added £6 billion […]
The post Government intervention and Brexit slowing expansion of private rented sector appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
Councils across England are set to benefit from a slice of nearly £2 million to crack down on illegal developments, including on Green Belt land. The move is part of the Housing Minister’s drive to protect the Green Belt for future generations and local authorities will be able to use the money to hire enforcement […]
The post Cash boost to crackdown on illegal building on Green Belt in England appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
The average rent in the UK reached an all-time high of £970 in August, up by 2.4% on the same time last year, according to the latest lettings index. When London is excluded, the average rent in the UK is £802, this up by 2% year on year while in the capital rents increased by […]
The post Average UK rents reached an all-time high in August, latest index shows appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
The property market is recovering in London with increasing rents sent to tempt more buy to let landlords back into the sector which could result in significant prices rises, according to the latest index report. Rock bottom sales and rental stock levels are initiating a revitalisation of the London sales market, led by several boroughs […]
The post Property market set to turn positive in London, says latest index report appeared first on PropertyWire.
[ad_2]
Source link
[ad_1]
The cost of fixed rate buy to let mortgages is falling with the biggest month on month decline in two year deals for 50% of the value of a property, the latest industry data has found. Indeed, the monthly cost of this type of mortgage fell by £24 and two year fixed rates for 65% […]
The post Buy to let mortgage rates falling across the board appeared first on PropertyWire.
[ad_2]
Source link