Rental Market
Over half of UK landlords set to raise rents due to tax changes
Many landlords in the UK plan to raise rents to cope with recent tax increases in the private rented sector and do not plan on expanding their portfolios, a new survey has found. Nearly a third of landlords are considering leaving the market altogether despite predictions that one million new homes to rent will be […] The post Over half of UK landlords set to raise rents due to tax changes appeared first on PropertyWire . Continue reading →
Prime property rents up by 0.5% year on year globally, latest index shows
Prime global property rents increased by 0.5% in the year to June 2016, the first indication of a recovery in this real estate sector for 12 months, the latest index data shows. Growth was led by Moscow with prime rents rising by 11.1% on an annual basis while North America is the strongest performing world […] The post Prime property rents up by 0.5% year on year globally, latest index shows appeared first on PropertyWire . Continue reading →
Rental prices in Britain up by 2.3% year on year, latest index shows
Private rental prices paid by tenants in Britain rose by 2.3% in the 12 months to August 2016, down 0.1% compared with the previous monthly data. The figures from the Office of National Statistics (ONS) also show that rent increased by 2.4% in England, by 0.1% in Wales and were unchanged in Scotland, having slowed […] The post Rental prices in Britain up by 2.3% year on year, latest index shows appeared first on PropertyWire . Continue reading →