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Rent for three bed homes in London rising due to lack of supply

Rents for three bedroom properties in London continue to grow while one and two bedroom homes are getting cheaper, according to new research. Demand means that tenants are willing to pay over the odds for a three bedroom property but there are far more smaller homes available, according to the analysis of figures from the […] The post Rent for three bed homes in London rising due to lack of supply appeared first on PropertyWire . Continue reading

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Development land market in UK rebounds from post Brexit slowdown

The development land market in the UK returned to more normal conditions at the end of 2016 recovering from the market caution immediately after the vote in June to leave the European Union, according to new research. However, land buyers are being more selective, seeking more due diligence and negotiating deferred payments in many cases, […] The post Development land market in UK rebounds from post Brexit slowdown appeared first on PropertyWire . Continue reading

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Demand for rental properties fell to a two year low in the UK in December 2016

Demand for rental properties in the UK fell 19% month on month to a two year low at the end of 2016, the latest figures show. The data from the Association of Residential Letting Agents reveals that in December 2016 there were 26 prospective tenants registered per member branch, the lowest level since records began […] The post Demand for rental properties fell to a two year low in the UK in December 2016 appeared first on PropertyWire . Continue reading

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