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10 news articles found. Viewing mode :

Is Renting Going To Overtake Homeownership? 14 November 2014

n the UK, homeownership has long been considered a key life ambition. However, there is a growing body of evidence to suggest that this may no longer be the case, with a combination of economic and cultural factors meaning the private rented sector (PRS) could eventually overtake ownership as the UK"s dominant form of housing.... Read More

Tenants `Unconvinced By Political Parties` Housing Plan` 14 November 2014

Tenants in the private rented sector (PRS) are unconvinced by the major political parties" plans for the UK housing market.

This is according to a survey carried out by the National Landlords Association (NLA), which found 62 per cent of renters are unsure that whoever wins the election will be able to solve the country"s housing crisis.... Read More

Large Spike In Buy-To-Let Lending 14 November 2014

September saw a significant increase in buy-to-let lending, new research has revealed.

The latest figures from the Council of Mortgage Lenders (CML) show there were 18,100 buy-to-let loans in the month, accounting for a total of £2.5 billion.... Read More

Homeownership `To Continue To Fall` 14 November 2014

Homeownership levels in the UK are likely to fall in the near future, according to new research.

A poll carried out by Ocean Finance has revealed people aged between 25 and 34 are increasingly pessimistic about their prospects of buying a property.... Read More

Arla Speaks Out On Letting Agent Fees Again 14 November 2014

ARLA has once again spoken out on the subject of letting agent fees.

Earlier this month, the organisation called for better regulation in order to stop a rogue minority of agents exploiting tenants through the fees they charge.

However, the organisation also stressed the importance of agencies taking payment for certain services.... Read More

Severe Arrears Drop 9% 14 November 2014

The number of tenants in severe rental arrears has dropped considerably over the past 12 months.

New figures from LSL Property Services show the number of people who are significantly behind on their rent dropped nine per cent year on year in the third quarter.... Read More

Deposits Grow 11% In 12months 14 November 2014

Rents Will Go Up By Less Than Inflation, Say Landlords 10 November 2014

Landlords are expecting rents to rise by 1.8% over the next year – below the target 2% rate of inflation.

This is despite the fact that most landlords expect to see tenancy demand increase.

The finding comes in an LSL ‘sentiment" survey out this morning, which also says that the number of landlords finding it harder to access mortgage finance has grown this year.... Read More

Complaints To Tpos Rise Against Sales Agents 01 October 2014

The Property Ombudsman (TPO) scheme has reported an increase in the number of complaints in the first six months of this year, compared with the same period last year.

The number of initial complaints about letting agents was slightly down (4,759 compared with 4,878 the year before), while the number of initial complaints against sales agents was up (2,828 against 2,476).... Read More

Mansion Tax And How Not To Add Value To Your Home 01 October 2014

Given the publicity Labour is generating after announcing its Mansion Tax plans for properties over £2m, it is not surprising to hear of a number of owners of properties worth around £1.6m wondering whether to go ahead with their renovation plans.

After all, there is little point in doing up a modest three-bedroom terrace in Chiswick if you simply boost its value by around £400,000 and give yourself an annual tax bill of about £11,000.... Read More