That’s expected to climb to 70 billion pounds by 2016. “We expect a 23 percent increase in the number of private rented households, which is about 1. 1 million extra homes,†Cook said. “That’s an idea of the opportunity for institutional investment. U. K. homebuilders need to develop buildings that will attract institutional investors, which …
Evictions by private landlords are up by 17%, and to make matters worse the credit reference agency Experian now allows landlords and letting agents to access and record information about potential tenants’ rent histories. Source But claims about devaluation of property and building disruption would not help their case. “You are expected to put up …
The property price gulf in the UK is yawning wider according to official figures, which today showed a London home now costs a massive three and a half times one in the North East. February data from the Land Registry showed the average London house price had risen 4.2 per cent annually to ?354,300, while …
