Monthly Archives: November 2018

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Agency in ‘viewing charges’ controversy has had protests in the past

By |2018-11-30T10:03:08+00:00November 30th, 2018|Property News|

Letting Agent Today can reveal that the agency at the centre of the scandal over alleged charges for viewings has been the focus of controversy in the recent past. Flintons is a single office agency based in London. Its website describes itself as “the London and international residential property specialist offering a...

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Up they go – rents to rise in 2019 despite tenants negotiating reductions

By |2018-11-30T10:03:09+00:00November 30th, 2018|Property News|

There’s been a large jump in the number of tenants successfully negotiating rent reductions according to the Association of Residential Letting Agents. It says September’s 2.0 per cent figure leapt to 3.7 per cent in October - this is the highest figure seen since ARLA records began in January 2015. In line...

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It’s December tomorrow! Send your Christmas decorations videos and pictures

By |2018-11-30T10:03:12+00:00November 30th, 2018|Property News|

It’s that time of year again - many offices will mark the start of December (that’s tomorrow) by putting up decorations. And once again we’d love to see them and share them with the rest of the agency industry. In past years we’ve carried scores (no - hundreds) of pictures and...

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Huge London agency chain is latest to offer no-deposit scheme

By |2018-11-30T10:03:11+00:00November 30th, 2018|Property News|

London agency giant Kinleigh Folkard and Hayward is the latest to offer its tenant clients a no-deposit service.  It's going to use the Zero Deposit schemes across its 45 letting agency branches in the capital; this allows tenants to pay the equivalent of one week’s rent instead of the usual six...

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More tenants successfully negotiating rent reductions since records began

By |2018-11-30T10:03:13+00:00November 30th, 2018|Property News|

There was an 85% rise in the number of tenants successfully negotiating rent reductions in October as the supply of available properties increased, according to new figures from ARLA Propertymark. The data shows that the volume of tenants successfully negotiating rent reductions rose from 2% in September to record high of...

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A third of Millennials say they’ll never own a home

By |2018-11-30T10:03:11+00:00November 30th, 2018|Property News|

New figures show why the rental market is seeing such strong demand. The data shows that some 28 per cent of Britons under the age of 35 have no money set aside for a deposit on a house.  Of the remaining 72 per cent, the average amount saved was found to be...

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Good landlords are being let down by councils and minority of criminals

By |2018-11-30T10:03:14+00:00November 30th, 2018|Property News|

Two thirds of councils in England and Wales responding to a FOI request by the Residential Landlords Association brought no prosecutions against private landlords in 2017/18. Nearly a fifth of the 290 councils that replied didn’t even issue any Improvement Notices which order a landlord to carry out certain repairs or...

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Landlords continue to enjoy ‘strong returns’ in Scotland

By |2018-11-30T10:03:17+00:00November 30th, 2018|Property News|

Buy-to-let landlords in Scotland continue to achieve higher returns on their property investments than their counterparts south of the border, the latest Scotland Buy to Let Index from Your Move reveals. The average Scottish rental price edged up by 2% in the 12 months to October to reach to £573 a...

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Overseas investors boosted by Brexit uncertainty and weak pound

By |2018-11-30T10:03:18+00:00November 30th, 2018|Property News|

Brexit uncertainty is continuing to drive foreign investment in the UK, research by CashbackRemortgages.co.uk has claimed. A third of multi-million pound homes in the UK’s wealthiest suburbs have been purchased by second home owners so far in 2018, with foreign money continuing to flood the length and breadth of the country. The...

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Liverpool leading the way for annual house price growth and affordability

By |2018-11-30T10:03:16+00:00November 30th, 2018|Property News|

Liverpool has managed a very interesting and appealing double win, according to data from Hometrack. The city not only topped the list of the UK’s most affordable cities, but has also topped the list of the cities with the highest annual price growth. Putting these two facts together and it’s very...

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