Rental prices in the countryside are continuing to surge as more city-dwellers flee to rural areas across the UK amid the coronavirus pandemic. In a survey carried out by Zoopla, the real estate company found that interest for rental properties in Mole Valley in Surrey had increased by 74 per cent while Elmbridge, also in … Read more
Rental prices in the countryside are continuing to surge as more city-dwellers flee to rural areas across the UK amid the coronavirus pandemic. In a survey carried out by Zoopla, the real estate company found that interest for rental properties in Mole Valley in Surrey had increased by 74 per cent while Elmbridge, also in … Read more
Manchester has been ranked as the UK’s number one city for landlords to invest in, according to Aldermore’s 2020 buy-to-let city tracker. The tracker, which includes a total of 50 cities, ranks each location after analysing five key indicators impacting desirability for a buy-to-let investor. The indicators include the average rent, the best short-term returns … Read more
Office property valuers mark down London rents by just 0.3% a month despite freefalling demand with nearly 20million sq ft of space now available 20m sq ft of London office space is now available, down from average 14m sq ft Firms try to sublet space they’re no longer using amid shift to work from home … Read more
Big city rents are dropping by up to 45 per cent as swathes of tenants no longer have to live near their workplaces. A Zoopla report last week said average rents in London are now 5.2 per cent lower than they were a year ago – while those in Birmingham, Manchester and Edinburgh are also … Read more
An exodus of office workers and a fall in tourists has left a glut of available properties in central London, pushing rents in the capital down an average 5 per cent over the past year. In other big cities in Britain, however, rents are rising as demand outstrips supply outside the capital: this is especially … Read more
Dozens of pub landlords are celebrating a last-minute reprieve today as major breweries including Greene King and Adnams have slashed rents during the winter lockdown amid fears hundreds of bars may never reopen. Greene King, the UK’s largest pub retailer, and Stonegate Pub Company both confirmed charges for tenants will be reduced to 10 per … Read more
London landlords are feeling the full force of Covid-19 with many being forced to slash rents amid a glut of available properties. Rents in the capital fell for the seventh consecutive month in September, according to data from Hamptons International. Aneisha Beveridge, head of research at Hamptons International, said: ‘London was the only region in … Read more
Shopping centre owner Hammerson paid just a third of rents as its tennants struggle in the pandemic By Daily Mail City & Finance Reporter Published: 21:52 BST, 15 October 2020 | Updated: 21:52 BST, 15 October 2020 Hammerson only collected 38 per cent of its UK rents due for the current quarter after shop tenants … Read more
Rents outside London hit record high of £964 per month as families look for more space during the pandemic By Matt Oliver For The Daily Mail Published: 23:05 BST, 13 October 2020 | Updated: 23:05 BST, 13 October 2020 Rents outside London hit a record high of £964 per month as families shun inner city … Read more