You are here: Property News / September 2010

Tenants under pressure as rents continue to rise

By | 2010-09-07T14:59:24+00:00 September 7th, 2010|Company News, Uncategorized|

In the United Kingdom, the average rental price rose by 0.5% in July 2010 to £676, which is 2.3% higher than this time last year. Rents are currently just £12 short of what they were at their peak 2 years ago. Although the prices of homes in the UK have levelled off, landlords are indulging in [...]

Comments Off on Tenants under pressure as rents continue to rise

Beware of the rush of new letting agents springing up in the area

By | 2010-09-07T14:55:21+00:00 September 7th, 2010|Company News, Uncategorized|

As estate agents look to lettings for survival, expert warns tenants and landlords to be wary of ‘amateurs’ There’s no doubt that times are tough for Britain’s estate agents.More and more estate agents are frantically launching lettings divisions in a desperate attempt to avoid bankruptcy. The one area of the residential property market which continues [...]

Comments Off on Beware of the rush of new letting agents springing up in the area

Private Landlords Struggling To Buy Due To Lack Of Finance

By | 2010-09-04T14:58:24+00:00 September 4th, 2010|Company News, Uncategorized|

The number of landlords planning to buy property to let has almost doubled, however, this may not be possible for many landlords due to banks being reluctant to provide funding. A quarterly survey conducted by Paragon Mortgages’ has shown that 21% of the landlords surveyed were planning to purchase buy to let properties in the [...]

Comments Off on Private Landlords Struggling To Buy Due To Lack Of Finance