New research from the Residential Landlords Association (RLA) suggests that 25% of PRS landlords plan to sell at least one of their rental properties in the coming year. That’s the highest proportion ever recorded in the survey, since it became a regular research item, in 2016.
Experts are predicting there will be no long-term adverse effects on the UK housing market, despite the recent triggering of Article 50. Here are some of the reasons why this may hold true:
Growth in the UK’s construction sector was subdued in the third quarter of this year, something which is expected to continue on until 2017 when mixed fortunes will favour different sub-sectors, two separate reports show.
The UK Government has promised it will assist in the building of much needed homes across the country with Chancellor of the Exchequer George Osborne stating in a key note speech “We are the builders”.
When you buy a house, it’s usually a very good idea to book a survey. The survey will reveal any problems with the property so you know exactly what you are buying. You might then change your offer or pull out completely. But there are many myths surrounding the survey, and here are some of the most common.
The new year has arrived, and if you are thinking about investing in property, you will want to know what house prices are expected to do this year.
House prices across the UK remained upbeat in May, rising by 0.5% on the month and 2.5% on the year, according to the latest house price index from Halifax. While those gains were below the strong April performance – house prices rose 1.2% on the month and by 4.2% on the year – excluding the previous month, the annual gain was higher than every other month over the past year.
UK house prices fell a little during April, the latest survey from the Royal Institution of Chartered Surveyors (RICS) shows, but they are expected to recover across most of the UK in the coming years. Most parts, that is, except for London.
The RICS survey doesn’t share average price information. The way its calculated is to ask its member property surveyors questions on what they’ve experienced regarding property prices during a particular period.
It’s been an interesting period for the UK’s housing market. Prices, activity and sentiment have been hit by a number of developments, with Brexit and political wranglings, leading the line. Right now, though, it appears the previous property price kings have had their crowns well and truly, stolen.
Just a few weeks after the Royal Institution of Chartered Surveyors (RICS) published a paper warning of a massive 1.8 million shortage of rental properties by 2025, separate analysis has shown a decline in new rental listings in 40% of the UK’s major towns and cities in September.
News on the UK’s housing market during October has been both mixed and interesting. While price growth remains subdued in many places, new areas are emerging as current hotspots. And, as first-time buyer purchases are on the rise, the London market remains muted.
The latest housing market survey from the Royal Institution for Chartered Surveyors, shows an interesting, mixed bag of developments in the UK’s housing market during January. The headline prices balance, which measures the proportion of responding surveyors who say house prices rose, hit +25, little changed from the +24 in December.
The inaccurate measuring of property in the UK has led to new guidelines being introduced by the Royal Institution of Chartered Surveyors (RICS). A consistent method of measuring houses, flats, and other property types for sale and letting means buyers and renters can rely on accurate information about the homes they’re considering.
The headline price measure from the latest survey from the Royal Institution for Chartered Surveyors (RICS) rose to +12 in August from July’s +5.
Theresa May has now sent the letter that formally begins the formal process of the UK completely extricating itself from the European Union. During the run up to that date and since then, there has been a lot of comment and reaction on what is needed, what is best for the country and what, most certainly, isn’t.
According to a report from the Royal Institution of Chartered Surveyors (RICS), the UK is facing a major shortage of rental homes; 1.8 million by 2025 to be exact.
The UK Government used its Tory Party Conference back in October to unveil its plan to build 1 million new homes by 2020. The plans were welcomed across the board, as was the investment made available to go with them. Now, however, UK housing minister Gavin Barwell has admitted the Government probably won’t hit its target.
The latest housing market report from the Royal Institution of Chartered Surveyors, shows a mixed bag with house prices still rising in much of the country, albeit at a slower pace, while London house prices fell. At the same time, expectations for prices over the first quarter of the new year were particularly subdued as activity weakened during December.
UK house price inflation slowed further in June as rising inflation and slower wage growth weighed on Britons’ appetite for property, the latest report from UK lender Halifax showed. Meanwhile, the number of properties for sale remains low, maintaining some upward pressure on prices.