Lettings
House prices to rise by 8% next year as new instructions “close to stagnating” – RICS
An "acute imbalance between burgeoning buyer demand and sluggish supply" will drive house prices up by 8% in 2014, according to the RICS, as new instructions to estate agents are "close to stagnating".
Aggressive expansion sees Countrywide buy two lettings businesses every month in 2013
This is buy-to-let on an industrial scale. Britain's biggest property services group, Countrywide plc, has acquired 28 lettings business throughout 2013, spending £23.
Prime London settles into the slow lane
UK house prices are now 6.5% up on the year, having risen by 0.6% in November. Prime central London, however, is getting comfortable in the (relatively) slow-lane, with prices rising by just 0.
“Anaemic supply” driving up house prices
Expectations for future house price growth hit a more than 14-year high in November, says the RICS in its latest sentiment survey, as the amount of homes coming onto the nation's market, once again, fell…
“Strong but not spectacular” 2014 on the cards for prime London – Marsh & Parsons
Marsh & Parsons is expecting London prices to "stabilise" next year, with annual growth of between 5-7%.
After recording a chunky 10.
Required Reading: The Immigration Bill and its implications for the UK property industry
Tijen Ahmet gives us a brief overview of the new legislation and explains what it could all mean for the lettings sector...
“Moderation is back in vogue” in prime central London – Knight Frank
As reported last week, London's price growth is calming down a bit: PCL prices went up by just 0.2% in November, taking annual growth down to +6.9%.
Sigma and Gatehouse to create one of UK’s biggest private rental portfolios
Everyone's been patting backs over a new deal that will create one of the UK's biggest private rental property portfolios using overseas investment, showing the strength and potential of the PRS just a…
Brief Encounters: Tips and tricks for successful short term renting
If your clients are in town for more than a few nights this festive season, short term rentals can be a godsend when you need to recommend a hassle-free base that feels like home (and show off your local…
Zakay’s Topland moves into the PRS with £11m off-market acquisition
Sol Zakay's Topland Group has made its first foray into the private rented sector (PRS), buying a 24-unit block off-market in Putney for around £11m.
New rules for lettings ombudsman schemes
New Housing Minister Kris Hopkins is taking on the task of cleaning up the private rented sector, publishing a series of conditions that need to be met by a company or organisation setting up a redress…
Prime outer London market outpacing PCL – Knight Frank
Less than a week after releasing its predictions for the next five years (+24% UK-wide if you missed it), Knight Frank has been updating us on last month's activity in the UK, prime and rental markets.