Tenant demand is growing
The proportion of landlords who believe tenant demand is growing or booming has increased to the highest level in almost a year, according to Paragon. Research revealed by the banking group’s PRS Trends Report for Q3 2019 shows 29 per cent of landlords now think more people are looking for rental homes. According to the report, this reverses […]
Some resilience in housing market
House prices inched ahead in August, with average UK home now reaching £233,541, according to the latest research from the Halifax. According to the company’s house price index, average prices rose by 0.3 per cent month-on-month, taking the annual rate of house price inflation to 1.8 per cent. It was the second month of rising prices […]
Norfolk residents have top experiences close by
Those living in this county have some of the UK’s best experiences and hidden gems right on their doorstep, according to the Lonely Planet travel guide. Walking on Holkham Beach, seal-watching in Blakeney and tucking into fresh crabs in Cromer rank among the best 500 things to do in the country. The new Lonely Planet’s Ultimate United Kingdom Travelist ranks the top 500 […]
More women needed in construction
Flexible working options are key in making construction a more attractive and progressive career choice for female talent, a new survey has shown. A recent Royal Institute of Chartered Surveyors (RICS) poll has revealed the top recommendations industry professionals believe will help employers encourage more female talent into the property sector. Women make up around just 14 […]
The Tenant Fees Act has been implemented
The Tenant Fees Act has now come into force, cutting fees imposed by landlords and agents. The act also caps the tenancy deposits that renters pay at the start of their tenancy at the equivalent of five weeks’ rent. In addition, under the its default fee provision, landlords and agents are only able to recover […]
Older buy-to-let borrowers are being encouraged
More lenders are seeing the benefits of supporting older investors in buy-to-let properties. Santander has recently joined others in increasing the maximum age for its buy-to-let mortgages from 75 to 85 years and making changes to its affordability calculator. The aim is to open the market to more potential older investors. Borrowers aged 65 can now […]
More build-to-rent homes are needed
Investment in build-to rent homes could be one of the solutions to adult children having to live with their parents for longer. Research from Civitas, Institute for the Study of Civil Society, shows a million more sons and daughters in the UK are living with their parents than there were two decades ago. The report reveals that […]
Healthy and happy
Norwich has come second in a nationwide survey looking at the healthiest places to live in the UK. The East Anglian city, which regularly tops national lists of the best and happiest places to live once, was one of 30 cities to be considered. Insurance company Protectivity carried out the research, taking a variety of lifestyle factors, health […]
More growth for private rented sector
An estimated 595,517 new private rented sector (PRS) households are expected to be seen in the UK within the next five years. According to recent research carried out by Knight Frank, this will take the total proportion of those renting privately up to 22 per cent up from the 20.6 per cent it is today. The Multihousing […]
Increase in of build-to-rent homes
The total number of build-to-rent homes under construction across the UK has increased by nearly 40 percent, according to the British Property Federation (BPF). Research carried out for the organisation by Savills shows there are now 139,508 new high-quality, professionally-managed homes built for renters in the UK. Of these, 29,416 are complete, 43,374 under construction […]