Build to Rent schemes are leading the way when it comes to welcoming lets with pets, but when will landlords follow suit? March 17, 2017 Dogs may be man’s best friend, but they’re also a leaseholder’s nightmare. A couple who bought a £1m penthouse in Limehouse, east London, found that out the hard way last month, when a judge found in favour of their management company who upheld a “no pets policy” banning their Yorkshire-Maltese cross from living on the [...]
Government taxes to push likelihood of “rental supply crisis” in 2025, according to chartered surveyors October 4, 2016 The UK is grappling with a 1.8m shortfall in properties available to renters, chartered surveyors have said, due to tax changes for buy to let investors. According to the Royal Institute of Chartered Surveyors (RICS), due to rocketing house prices there will be 1.8m more households wanting to rent instead of buy by 2025. But [...]
Property market predictions 2017: From Brexit to tenant fee bans, we’ve asked London’s biggest real estate agents to look into their crystal balls December 8, 2016 2017 will see the rise of Build-to-Rent in London Mark Collins, chairman at CBRE Residential Throughout 2017, I hope that SME developers continue to be championed and encouraged by local government, as these housebuilders will play a major role in alleviating the housing crisis. Access to land and financial support as well as flexible planning systems [...]
Opinion: The Private Rented Sector needs to be vibrant and consistent enough to cater for a wide range of needs September 28, 2016 There are currently 4.5m privately rented households in the UK – a number which is expected to grow to 6m over the next few years. Popular perception paints this growing band of tenants as millennials finding it difficult to get onto the housing ladder in big cities. But Your Move’s latest research into UK tenants [...]
Opinion: As house prices outstrip salaries, why are we still chasing the dream of homeownership? October 28, 2016 It’s over. Britain will no longer be a nation of homeowners. Now property sales are heading for an 80-year low and rentals are surpassing purchases for the first time since 1930, according to Countrywide figures released last week. To top it all off, prices have never been higher. In the good days (circa 1997 – [...]
Post-Brexit demand for residential property is good news for developers and investors September 30, 2016 An attractive capital, offering high value jobs, an educated workforce, stunning architecture, centuries of history, a peerless reputation for arts and culture and some of the best schools in Scotland, Edinburgh remains a highly sought after property market. With demand sky high, across both the owner-occupier and private rented (PRS) sectors, prices and rental yields [...]
Rent growth continued to slow in August September 7, 2016 Rents kept on an upwards climb in August, but the pace of rent growth is slowing. In August, prices grew by 3.1 per cent year-on-year, according to HomeLet's rental index. Tenants signing new agreements paid an average £913 a month. Read more: Here's where private rents are increasing fastest (and it's not London) But this [...]
Sadiq Khan reveals his spending plans for £3bn Treasury housing fund November 29, 2016 A huge injection of Treasury cash will be used to build a combination of homes to rent and buy in the capital following a deal between the government and City Hall. In the Autumn Statement, chancellor Philip Hammond revealed the Treasury has agreed to hand City Hall of control of £3.15bn in funding to develop 90,000 [...]
Landlords threaten to hike rents after tax changes kick in October 1, 2016 Landlords have claimed they will be forced to raise rents as a result of the government's string of tax changes and crackdowns on the buy to let sector. A new survey also revealed private sector landlords will not be able to invest as much in improving their properties as a result of the extra charges [...]
New Builds: Homes on sale this week on a new town square in Ealing and Help to Buy in Sydenham November 25, 2016 Dylon Works, Sydenham From £227,997 with Help to Buy London, from £389,995 for private sale apartments Over 200 homes will go on sale tomorrow, with the option to take out a 40 per cent equity loan via the government’s Help to Buy London scheme. Primed for first time buyers, 221 out of 223 one to three bedroom [...]