Thursday 11th October 2018

Rental yields in London have increased over the past 12 months and the signs are that they could rise further moving forward, according to Chestertons. The letting agent reports that some parts of London have seen rents rise sharply, but what areas have seen the biggest surge in gross rental yields? According to Chestertons’ research, Chiswick has seen the greatest increase in gross rental yields over the past year, with growth of around 30%, from 3...

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Thursday 11th October 2018

Six out of 10 renters want tenancies of 12 months or less, a new AXA survey suggests. The government, which wants to offer tenants more security by introducing longer tenancy terms, has already consulted on the introduction of three-year minimum tenancies...

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Thursday 11th October 2018

Rental prices in the UK look set to increase as demand for property continue to rise, but the number of homes coming on to the market remains at a historical low. A new joint report into the letting market by Reapit and Dataloft shows that there are ‘simply not enough properties to meet demand’, placing upward pressure on rental values...

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Thursday 11th October 2018

Thousands of vulnerable people facing homelessness look set to benefit from a new £20m initiative designed to help them secure a private rented home. The Private Rented Sector Access Fund, which was launched yesterday to mark World Homeless Day by Communities Secretary, James Brokenshire, is expected to help up to 9,000 people who are or at risk of becoming homeless to secure their own home...

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Wednesday 10th October 2018

Croydon Council has become the first local authority to support calls to scrap the so-called ‘no fault’ evictions in order to give renters greater power and security. The council wants central government to abolish Section 21 notices, which enables a landlord to provide notice to their tenant to start the process of ending their Assured Shorthold Tenancy...

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