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The North of England and Scotland see best rise in rental yields in UK

Towns in the North of England and Scotland saw the biggest increase in rental yields at the end of 2016, achieving yields of up to 4.3% while in London they averaged just 3.2%. Properties in Manchester and Salford saw average rental yields of 6.7% and 6.6% while Cambridge provided the worst returns, with average rental […] The post The North of England and Scotland see best rise in rental yields in UK appeared first on PropertyWire . Continue reading

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Estate and lettings agent organisations launch joint consumer protection arm

The Association of Residential Letting Agents (ARLA) and the National Association of Estate Agents (NAEA) in the UK have launched a new Propertymark organisation to cover the sales and lettings markets. They announced that they are altering their emphasis from industry facing licensing to consumer protection with the launch of Propertymark which aims to speak […] The post Estate and lettings agent organisations launch joint consumer protection arm appeared first on PropertyWire . Continue reading

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Rents and prices set to keep rising across most of UK, according to chartered surveyors

A shortage of supply in both the sales and lettings residential markets in the UK presents a huge challenge for housing with sales flat and prices and rents set to continue rising, according to chartered surveyors. UK house sales still lacked momentum in January and prices and rents increased mainly due to a shortage of […] The post Rents and prices set to keep rising across most of UK, according to chartered surveyors appeared first on PropertyWire . Continue reading

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