Mar
15 Average UK monthly rent reaches £658
Rents rose 0.3% in February, according to the latest Buy-to-Let Index
from LSL Property Services plc, which owns the UK's largest lettings
agent network.
The average rent reached £658 per month, which is 3.2% higher than a
year ago, roughly in line with inflation. Yields on buy-to-let property
rose to 4.8%.
The total return from investing in buy-to-let over the last twelve
months reached 10.6%, the highest level since LSL Property Services plc
began compiling figures two years ago. This is despite a slight drop in
house prices in February.
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General
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Mar
08 House prices rose by 4.7% in the last half of 2009
According to new figures out from property website Zoopla.co.uk, houses
prices were up by 4.7% in the last half of 2009. This was a gain of 2.5%
for the year, revealing the extent of the property market turbulence
during 2009.
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Financial
,
General
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Mar
04 The UK is to become a nation of renters
The UK lettings sector is moving towards a European model that sees
tenants rent over long terms as part of a lifestyle choice, according to
lettingsearch.co.uk.
They recently conducted a pole which revealed that 41% of current
tenants cannot raise the money for a deposit or secure a mortgage,
suggesting that an increasing amount will have to turn away from home
ownership.
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Financial
,
General
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Feb
22 Blogtastic
Welcome to the new Yes Business Loans Blog!
More news to follow shortly.
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General
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