UK Property News

Private rented sector plays an important role in provision of housing

Almost three quarters, some 74%, of residential property landlords in the UK agree that the buy to let market needs greater innovation, according to new research from the National Landlords Association (NLA).

It also found that an overwhelming proportion, some 89%, also believe that the sector would benefit from more lenders or greater competition. [click to continue…]

{ 0 comments }

Thumbnail image for Landlords urged to watch out for signs of hidden pets

Landlords urged to watch out for signs of hidden pets

May 17, 2012

UK landlords need to be aware that more residential tenants are hiding the fact that they have pets despite this not being allowed as part of their tenancy agreement. The boom in the rental market has led to a large number of former home owners with pets looking for accommodation and many prospective tenants find [...]

Read the full article →
Thumbnail image for House prices in Scottish seaside towns have more than double since 2004

House prices in Scottish seaside towns have more than double since 2004

May 15, 2012

House prices have more than doubled in three seaside towns on Scotland’s north east coast since 2004, according to the latest research from Bank of Scotland. Macduff and Fraserburgh in Aberdeenshire recorded the biggest rises over the past eight years with the average house price increasing in both by 123%.

Read the full article →
Thumbnail image for UK property buyers facing tighter lending conditions, figures suggest

UK property buyers facing tighter lending conditions, figures suggest

May 11, 2012

First time buyers in the UK have been the hardest hit by tighter lending conditions with loans for new buyers dropping to their lowest level for nine months, the latest figures show. Renewed Eurozone fears have prompted banks to reduce lending to borrowers with low deposits, according to the April Mortgage Monitor from e.surv chartered [...]

Read the full article →
Thumbnail image for UK property prices continuing to fall, RICS survey has found

UK property prices continuing to fall, RICS survey has found

May 9, 2012

Residential property prices in the UK fell at their fastest pace for six months in April as a temporary boost from a the stamp duty holiday faded, according to the latest report from the Royal Institution of Chartered Surveyors (RICS). London was the only part of the country where house prices increased but at the [...]

Read the full article →
Thumbnail image for More professionals in the UK looking for a flat share, research suggests

More professionals in the UK looking for a flat share, research suggests

May 7, 2012

The number of professionals searching for flat shares in the UK has increased by 33% since January, according to new research. The number of individuals choosing to flat sharing exceeds 50,000 and the number of professionals currently searching for a flat share exceeds the number of students by 13%.

Read the full article →
Thumbnail image for UK property prices expected to remain static for rest of 2012

UK property prices expected to remain static for rest of 2012

May 4, 2012

Residential property prices in the UK fell 0.2% in April taking the price of an average home to £164,134, according to the latest housing report from the Nationwide Building Society. It is the fourth time in five months that prices have declined and they are 0.9% lower than a year ago. They are unlikely to [...]

Read the full article →
Thumbnail image for The Olympic effect boosts property prices by up to 48% in last year

The Olympic effect boosts property prices by up to 48% in last year

May 3, 2012

Property in areas close to Olympic and Paralympic event venues in and around London have seen their average asking prices rise by up to 48% in the last 12 months and monthly rents have increased by 9%. The Olympic effect has added an average £59,928 to property values, according to new research by FindaProperty.

Read the full article →
Thumbnail image for Painting the front door will make a property more saleable, it is claimed

Painting the front door will make a property more saleable, it is claimed

May 2, 2012

Property owners wanting a quick sale should worry less about cleaning windows and buying fresh flowers, and spend more time repainting the front door and replacing old gates, according to new research. Many owners have misconceptions regarding factors which may help them to sell their property, the 2012 HSBC Home Improvement Survey shows.

Read the full article →
Thumbnail image for Fewer million pound homes being sold in the UK, research finds

Fewer million pound homes being sold in the UK, research finds

April 27, 2012

Sales of million pound homes in the UK have fallen for the first time in two years but the very top end of the market remains strong as multi-million pound home sales hit historic highs, research shows. The number of properties selling for over one million pounds declined in 2011 but sales of homes worth [...]

Read the full article →
Thumbnail image for Brits more confident about property market outlook, survey shows

Brits more confident about property market outlook, survey shows

April 25, 2012

Britons are becoming increasingly confident in the outlook for the housing market, according to the latest Halifax Housing Market Confidence tracker published today (Wednesday 25 April). Over one in three, 39%, of respondents predict that house prices nationally will increase over the next year, almost double the proportion that believe house prices will fall (20%).

Read the full article →