Average London rent on the rise as price outside the capital reaches record high July 3, 2024 The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove.
Build, Baby, Build: We’ll never fix the housing crisis without private capital June 23, 2024 It is only by close collaboration between the public sector, private companies and institutional investors that we’ll be able to deliver housing of all tenures at scale, stabilising the market and ensuring more people are able to live better, says Rick de Blaby As someone who runs a business where a third of our workforce [...]
Build, Baby, Build: The rental market and the rise of the DFL (that’s down from London) June 19, 2024 A rental market that drains bank balances and instils constant dread of eviction is driving people away from London. The capital can’t survive unless it can sustain its young workers, says Morgan Jones I lived in London for the best part of a decade, and for most of that time assumed that I probably always [...]
Renting remains cheaper than buying in UK as mortgage rates soar June 17, 2024 The financial burden is greatest in London, where buying a house costs an additional £775 per month, or £9,300 annually, compared to renting.
Regional REIT posts steady earnings amid wider uncertainty May 22, 2024 Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.
Empiric Student Property ‘poised for growth’ as rent income rises May 22, 2024 Empiric Student Property said it is "poised for growth" over the 2024 academic year as income from rents continues to rise.
Nine in 10 landlords raise rents for existing tenants May 20, 2024 Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.
Warnings rental reform could disincentivise landlords as bill returns to House of Lords May 16, 2024 Peers have been warned government moves to bring in rental reform risk making it “less attractive” to be a landlord.
Gary Neville breaks Manchester office record for a second time with S&P Global deal May 14, 2024 S&P Global has signed a deal for the most expensive office space in Manchester at Gary Neville's landmark development in the city centre.
Londoners are working 197 days a year just to pay the rent May 7, 2024 It will take the average Londoner until 16th June to earn enough before tax to cover their annual rent bill. The only way to bring prices down is to build more houses, says Sam Bidwell On average, for the first 125 days of 2024, English renters worked solely to pay their landlord. That’s according to [...]