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Home > News > United Kingdom
May 21, 2013
Avg house price in UK nears £250k

The typical value of a home in Britain is almost a quarter of a million. Summary: Property prices in the UK have surpassed the previous high of £246,235 in June They have risen by 9.1% since the start of 2013 Values are now typically £249,841 The average price of a property in the UK has [...]

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1
May 20, 2013
BPF: Choose letting agents wisely to protect money

Landlords should choose letting agents that have client money protection schemes. Summary: BPF tells landlords to choose safe letting agents These include ones that are members of official bodies This will ensure their money remains protected The British Property Federation (BPF) has given advice to landlords to protect their money carefully by picking the right [...]

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2
Annual rental property returns rose by 5.9%

Investors’ annual rental property return has risen by 5.9% since March 2013. Summary: Annual rental real estate returns climbed by 5.9% in April This is equivalent to an annual return of £9,679 This follows a 6.3% rise in annual rental property returns in March Annual returns on rental property rose by 5.9% in April 2013, [...]

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1
May 19, 2013
Rent rises 3.9% from April 2012

Rental costs increased by 3.9% year-on-year to April 2013. Summary: The typical rental cost in England and Wales is £736 per month This is an increase of 0.2% from March 2013 Rents rose by 3.9% between April 2012 and April 2013 Average rental costs in England and Wales have increased by 3.9% between April 2012 [...]

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1
May 16, 2013
No of FTBs rose by 20% in March 2013

March saw the number of FTBs in the UK increase by 20%. Summary: 19,100 mortgages were given to FTBs in March 2013 This is an increase of 20% from February 50,900 loans were advanced to FTBs in Q1 2013 The number of first-time buyers (FTBs) entering the UK property market in March 2013 rose by [...]

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1
May 15, 2013
No of first-time landlords continues to grow

More first-time landlords are entering the buy-to-let market, according to Paragon. Summary: There has been a growing number of first-time landlords in the UK since 2009 22% of buy-to-let business is from first-time landlords Property investor landlords are boosting the buy-to-let market The number of landlords buying their first buy-to-let property is continuing to increase. [...]

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5
May 13, 2013
UK GDP grows 0.8% up to April 2013

The GDP in the UK rose by 0.8% in three-month period until April 2013. Summary: GDP for the UK grew in the three months leading to April 2013 It rose by 0.8% during this period This is an increase from the 0.3% it increased by in the three months to March 2013 The UK gross [...]

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1
May 12, 2013
Self-managed landlords reminded of importance of safety checks

Landlords who manage their own properties should remember all the safety checks they have to undertake to make sure their renters are not put at risk. British Gas and Shelter released research that revealed more than 900,000 people living in rented accommodation said their landlord had failed to provide them with a gas safety check [...]

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1
May 11, 2013
Bank of England’s base rate decision ‘was expected’

The decision to keep the base rate the same level was anticipated, says Santander. Summary: The Bank of England’s base rate has been maintained at 0.5% The size of the asset purchase programme has been kept at £375 billion Santander says this decision was “widely expected” The Bank of England announced its decision to maintain [...]

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1
May 10, 2013
Buy-to-let mortgage lending grows from Q1 2012

The amount of money lent to buy-to-let buyers has risen from the first quarter of 2012 to Q1 2013. Summary: £4.2 billion was lent to landlords in Q1 2013 This is a rise from £3.7 billion during the first three months in 2012 Buy-to-let mortgages accounted for 13.4% for all home loans lent during this [...]

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Latest Tweets @OSelectProperty

  • Property Investment is out! http://t.co/MvgeAATAI1 ▸ Top stories today via @LocalDirectory_ @SimonLConn @withoutlooking about 21 hours ago
  • The typical value of a home in Britain is almost a quarter of a million http://t.co/lbEu5SaVIZ @Rightmove #UKproperty about 22 hours ago
  • Landlords should choose letting agents that have client money protection schemes, says the #BPF http://t.co/RtRIsg7Pst 04:54:06 PM May 20, 2013

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