Tenancy deposit values up by 11% in England and Wales

The latest Tenancy Deposits Digest, published by my|deposits.co.uk, for the third quarter of 2014 shows a significant increase year-on-year in tenancy deposit values across England and Wales. Key highlights from the whitepaper: deposits up by 11% or £121 compared to same … Continue reading

Average tenancy deposit on the rise

According to my|deposits the average tenancy deposit has increased by £125 from £985 to £1,110 in the past twelve months. “With rents continuing to rise, landlords and agents are understandably taking larger deposits to help protect their investments. The increase … Continue reading

Landlords seek to increase their portfolios

According to the latest research from ARLA and the Residential Landlords Association, landlords are in the market to buy up more properties as rental demand continues to grow. One-third of landlords with properties in central London plan to add more … Continue reading

Landlords are doing it for themselves

With the rise of websites such as upad.co.uk, many landlords are now adopting a “do-it-yourself” attitude to lettings and also taking full advantage of social media sites such as Facebook and Twitter to find tenants for their properties. If you … Continue reading

Interim inspections are increasingly important for landlords

The recent news that England is moving away from being a nation of homeowners and moving towards long term renting is good news for landlords who are keen to expand their portfolios. With the majority of the younger generations stating … Continue reading

A million more private rental properties as home ownership declines

Almost one in six homes is now a private rental property, as both social housing and home ownership declines.  The English Housing Survey from Communities and local Government shows that the number of households renting privately has increased by one … Continue reading

Queuing around the block – and it’s not even sale time!

Estate Agent Today reports that the rental property shortage and fierce competition in London is causing unprecedented bidding wars! Tenants are fighting it out for the few available properties with sealed bids being the order of the day. The property … Continue reading