Popular buy to let lender Fleet Mortgages’ latest rental yield index shows the consequences of increasing property prices in many regions of the country. Comparing the final quarters of both the 2019 and 2020 calendar years, Fleet finds that yields on residential buy to lets in England were on average 5.7...
Over two thirds of student renters are worried about their ability to pay rent with around a quarter having been unable to pay rent or bills during the pandemic. The figures - from a new survey by the National Union of Students - has found that almost half of students live...
Retirement rental specialist Girlings says the phenomenon of later life renting is growing in popularity. It says independent research from Paragon Bank has revealed that over the last decade, the number of English households in the 55 to 64-year-old age category in the private rented sector with an Assured Tenancy has risen...
HousingAnywhere, an internet lettings platform that calls itself Europe’s largest online rental accommodation marketplace for young professionals and international students, has acquired Italian classifieds website Stanzazoo. This purchase, the third in the last 12 months, follows the acquisition of the Icelandic rental platform Rentmate and German classifieds website Studenten-WG. HousingAnywhere says its...
Two Labour MPs have made extensive claims about the number of evictions from the private rental sector likely to happen if and when current bans on evictions end. In a debate with ministers from the Ministry of Housing, Communities and Local Government the Labour MP for Stockport, Navendu Mishra, said: “Hundreds...
A new property identification system which has won the backing of ARLA Propertymark and substantial parts of the industry has said rooting out rogue buy to let homes and their owners is a key objective. The system is called the Unique Property Reference Number concept and it allows each address in...
A regional lettings agency says its better-than-expected 2020 performance is down at least partly to having what it calls a unique business model. The Manchester Apartments agency last year enjoyed an average 62 per cent tenancy renewal rate for young professional and student lets, secured around 95 per cent occupancy over...
The Guild of Property Professionals has issued tips for agents and other industry professionals having to cope with working from home and schooling for their children at the same time. Jennifer Scott-Reid, head of employee engagement and development at epropservices - parent company of The Guild - has these tips: - Routine is...
As we settle into 2021, Auction House and iamsold reflect on last year’s record sales, while Pugh announces new technology designed for estate agents. Auction House sees best-ever success rate in 2020 Auction House UK is reporting its best-ever annual success rate of 79.2% during 2020. The group sold more than 3,300 auctions...
UNCLE, a well-established Build to Rent (BTR) brand owned by Realstar Group, has announced a $1 billion transformative investment to grow to more than $5 billion of assets over the next five years. Realstar, which owns and manages over $8 billion of assets in Canada and the UK and has a...