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Industry & Property News

Rents set to rise by as much as 15% as demand among tenants increases

The cost of renting property is set to rise by as much as 15% by 2023. According to the Royal Institution of Chartered Surveyors (RICS), a shortage in supply of rental property is going to push the price of renting up forthcoming years. The RICS Residential Market Survey for July reports a decline in the

House buyers are returning to London despite Brexit uncertainty, shows Rightmove report

House buyers are returning to London, lured by attractive house prices, despite uncertainty driven by the impending official Brexit date in March 2019. This was the finding of a report by Rightmove, which revealed there has been a steady pick-up in buying activity in the UK capital. The upswing in buyer activity signals the beginning

Demand for property on the increase in London

Demand for property is on the rise in the British capital, which has seen a 2% rise in property demand since the beginning of 2018. This was the finding of the latest property index report in London. The report shows that whilst demand for property in London continues to rise, commuter towns to the capital

Report show the future looks bright for the rental sector as BTL become increasingly more professional

Rental prices are set to rise in the UK as demand for rental property outstrips supply. According to a report by mortgage lender, Kent Reliance titled ‘Buy To Let Britain’, the future looks bright for the buy-to-let (BTL) sector in the UK, despite a recent onslaught of government intervention in the market, which has seen

First-time landlords have record choice of buy-to-let mortgage products available

The number of mortgage products available for first-time buy-to-let (BTL) investors has increased by 13%, to a record high.  This was the finding by research compiled by Moneyfacts, which found there are 1,268 buy-to-let products now available in the UK to first-time landlords. The figure marks an increase in 339 buy-to-let products available in just

The rising demand for apartment properties

If you own an apartment or are thinking about buying one either to live in or as an investment, you’ll be pleased to learn that apartments are one of the most lucrative types of property to purchase, with prices rising at a faster rate than any other property. A new report by Halifax shows the

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