Landlords with property in Outer London and the East Midlands are reporting the strongest levels of tenant demand in Britain, Paragon Bank research has revealed.
Rents could rise more than four times as fast as house prices between the end of 2022 and the end of 2026, according to a forecast.
LONDON (Reuters) - British house prices showed the most widespread falls in 14 years in August as demand weakened against the backdrop of elevated mortgage costs and economic uncertainty, an industry survey showed on Thursday.
The time to stop raising interest rates is now, say business lobby groups who fear the negative impact of another rise in the cost of borrowing on their members after the latest jobs figures showed pay rises including bonuses, rocketing to 8.5% a year.
As a landlord, your property’s yield is an important figure. It indicates the level of return your property investment is generating and can be used to track the performance of your property over time so that you can compare it with other buy-to-let properties and market averages, as well as other types of financial investment.
New figures showing the growing size of first time buyer deposits suggest that many would-be purchasers will be staying with the private rental sector in the next two years at least.
The number of major housing projects given the go-ahead in England has fallen to its lowest level since records began in 2006, Government figures show.
The average house price in the UK was £288,000 in June, increasing by 1.7% over the past 12 months, the Office for National Statistics (ONS) has reported.
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