Renting & Letting Property - FindaProperty.com

Rental stock falls for second quarter

Wed, 17 Mar 2010 00:00:00 GMT

The latest Lettings Survey from the Royal Institution of Chartered Surveyors (RICS) reveals that the supply of property to rent fell for the second consecutive quarter in the three months to January 2010. Twenty-three per cent more chartered surveyors reported a fall rather than a rise in the number of new landlord instructions in the three months to January 2010, up from 18 per cent in the previous quarter. Although the weather may have been a factor in this, it is more likely that the upturn...

Rents rise in February as supply slackens

Mon, 01 Mar 2010 00:00:00 GMT

FindaProperty.com Rental Index: February 2010 Highlights Following two months of declining values, asking rents increased by 1.2 per cent in February to £814 pcm from £804 pcm in JanuaryAverage rental values are now 1.9 per cent (£16 pcm) lower than a year ago (£830 pcm)The supply of properties to rent fell by 3.6 per cent to the lowest level since November 2008Properties let within 59 days in February – a week longer than last monthGross rental yields...

Rental scam alert

Tue, 02 Feb 2010 00:00:00 GMT

A warning to anyone searching for an overseas rental property – there are individuals falsely and illegally claiming connections to FindaProperty.com and seeking to charge tenants a deposit before they have moved in or signed a rental contract. During what is clearly a scam operation, a person claiming to be the UK-based owner of an overseas property is offering their foreign home for medium or long-term rent and asking tenants to pay a deposit to an escrow account, which they claim is...

Breaking up but living together

Thu, 07 Jan 2010 00:00:00 GMT

The tough economic climate is forcing couples who have broken up to continue cohabiting, according to results of a survey from easyroommate.co.uk, the house and flatshare website.Key Survey Findings: More than one in four couples (28 per cent) who had split up said they had no choice but to continue living together in their rented property.Of these, 74 per cent admitted to finding the experience stressful (although a contrary two per cent claimed to have enjoyed it). Financial...

Rents return to May levels

Fri, 18 Dec 2009 00:00:00 GMT

FindaProperty.com Rental Index December 2009 : Highlights UK rents fall by 1.3 per cent in December 2009 following six months of rises.Average rents are now £820pcm, three per cent lower than a year ago.Supply has increased, with 1.7 per cent more properties available to rent following six months of declining stock levels.Properties now let within 56 days, a day longer than November’s 55 days. This is still considerably shorter than the peak of 7 days in January.Values...