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UK rents grew by slowest annual rate since 2013 in February

Residential rents across the UK grew by 1% over the last year to February 2017, the slowest annual rate of growth since April 2013, the latest index shows. In London rents have fallen consecutively for the past nine months, down 0.53% over the last year, according to the latest Landbay rental index. Indeed, the average […] The post UK rents grew by slowest annual rate since 2013 in February appeared first on PropertyWire . Continue reading

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Research reveals how much a home ‘earns’ for an owner

Property owners in one in three areas in UK areas earn more from owning their home than they do from their work, new research has found. Overall house prices outpace owners’ earnings in 119 areas and 17% of all local areas have seen average house prices increase by more than total average pay, according to […] The post Research reveals how much a home ‘earns’ for an owner appeared first on PropertyWire . Continue reading

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Demand in private rented sector in UK is for longer tenancies

People in the UK want longer tenancies, new research has found, and it seem that landlords also want to be able to provide more stable, longer lets. One new piece of research show that four in 10 tenants expect to rent a property for up to 10 years while the Residential Landlords Association (RLA) believes […] The post Demand in private rented sector in UK is for longer tenancies appeared first on PropertyWire . Continue reading

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