A more stable property market picture emerging
There are indicators demonstrating a more stable picture for the housing market emerging through the course of 2023, according to the February RICS UK Residential Survey. The headline reading for new buyer enquiries rebounded to a net balance of minus 29 per cent (measured on a seasonally adjusted basis), improving from minus 45 per cent […]
Pace of growth in property market slows
House prices continue to rise across the UK in June, according to the latest Residential Market Survey, from the Royal Institution of Chartered Surveyors (RICS). But, suggests the research, the pace of growth is slowing amid fewer new buyer enquiries which is impacting sales. In the lettings market, however, rents are forecast to rise, due […]
Avoid neighbour disputes over party walls and extensions
The Royal Institution of Chartered Surveyors (RICS) has published new guidance on how to avoid upsetting the neighbours over building works involving party walls and extensions. The free impartial advice guide is for anyone, including landlords, looking to consider construction work to extend or retrofit their property and to help them understand the rules around […]
Supply of rental homes not meeting rising demand
New landlords considering letting properties next year will find strong demand for properties as supply is predicted to continue to remain low in 2022. Experts are predicting a continued drought of homes for rent and sale over the coming 12 months, according to the latest survey from the RICS (Royal Institution of Chartered Surveyors) UK […]
Resolving boundary disputes
A new service aiming to help neighbours resolve boundary disputes without resorting to court action has been launched by the Property Litigation Association (PLA) and the Royal Institution of Chartered Surveyors (RICS). The Boundary Disputes Mediation Service comprises a mixed panel of mediators, lawyers and surveyors, all experienced in boundary and neighbour disputes, who can provide a […]
Now is the time for new landlords to let
The continued lack of new properties coupled with high demand from tenants suggests now is a good time for first-time landlords to come forward. A lack of new properties to let has put pressure on prospective renters, according to the Royal Institute of Chartered Surveyors (RICS). Tenant demand for rental properties picked up over the […]
Rental and housing markets remain strong
The UK rental market continues to see a growth in tenant demand and house sales have remained strong for the past month. The October 2020, RICS (Royal Institute of Chartered Surveyors) Residential Market Survey reported expectations for rental growth remain positive over the near term for most parts of the country. In terms of sales, […]
Increased demand from tenants
Demand from people across the country seeking rental properties has further increased, according to the August 2020 RICS UK Residential Survey. The research has also revealed that homes close to green open spaces and with private gardens are expected to become more desirable than ever following the global Covid-19. According to the survey, the pandemic […]