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UK PRS Rental Prices Fall From Record High


Tuesday, November 25, 2014

Separate Indices Report PRS Rental Prices Reach Record Highs As Well As Falling Rents There are conflicting reports being circulated by leading property specialists regarding the amount of rent being charged in the UK’s private rented sector (PRS) during October 2014. According to the latest buy to let index data published by LSL Property Services, [...]


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Tenant Checks More Important Because Of New Immigration Rules


Thursday, October 16, 2014

Tenant Checks Even More Vital From 1st December UK private rental sector landlords are being reminded about the importance of conducting thorough tenant referencing checks prior to the start of any tenancy as new Government legislation will require them to check the immigration status of every new tenant under the new rules set out in [...]


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Avoid Extortionate Court Fees For Tenant Evictions


Tuesday, April 15, 2014

PRS Landlords Face Extortionate Court Fee Increases For Tenant Evictions UK private rented sector (PRS) landlords are furious about the extortionate increased court fees for tenant evictions announced last week. The planned price increases take effect from 22nd April 2014 and fees for possession claims will increase by 60%, and the increased court costs could [...]


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Increasing Rental Prices Affecting Tenant Finances


Wednesday, July 25, 2012

A new study of the UK rental property market has shown that the cost of Private Rented Sector (PRS) rents are still increasing, following the third consecutive rise in rents being observed in June. Research by LSL Property Services showed that the average rent paid to landlords by tenants in the UK increased by 0.9% month-on-month [...]


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Rise And Rise Of The Private Rented Sector


Monday, February 13, 2012

275,000 new tenants flooded the UK Private Rental Sector in 2011 – a 24% increase on the previous year. Latest Government figures confirm the steady decline of UK Home ownership and the social rented sector, (Council Houses), together with the indisputable rise of the Private Rented Sector (PRS) following the credit crunch. The figures confirm [...]


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Only 20% Of UK Landlords Increased Property Portfolios In 2011


Friday, February 3, 2012

A new survey of Landlords in the Private Rented Sector (PRS) has discovered that only 20.2% ( 1 in 5 landlords) in the UK, were able to add fresh residential properties to their existing residential portfolio stock during 2011. Property value growth expectations and the prospect of a regular income were the key drivers behind [...]


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Property Repossession Fear Increasing


Monday, January 30, 2012

UK Property Repossessions are forecast to increase 22% in 2012 Economists expect the recession and rising unemployment to squeeze the already stretched household finances of thousands of struggling families this year and are warning UK homeowners and landlords of a sharp rise in residential property repossessions. Record low Bank of England (BoE) interest rates and [...]


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5x The Competition For Rented Property


Friday, November 25, 2011

Demand for UK Rental Property continues to soar, with lettings agreed within a record low of 12.7 days and up to 5 tenants competing for each private sector (PRS) rental property. Since the beginning of 2011 there has been a significant increase in tenant demand for private rented sector property. UK residents are adopting the [...]


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