Rental rates in London rising quickly

Rental rates in London rise twice faster than the rest of the country. Inadequate supply of rental properties is jacking up prices in the capital city as it hits an all time high at £2,119 a month.

Consequence of Rising Short term Leases

The result of a survey by ARLA Propertymark shows that 2.7% of the 1000 landlords who participated in the study have shifted from privately renting their properties to short-term leases, and the reason is the growing pressure from government regulations: removal of the tax relief, additional stamp duty, and ban on tenant fees.

Number of Young Homeowners Rise in Over a Decade

The National Statistics Housing Survey report shows that the number of homeowners aged 25 to 34 have gone up for the first time in over 10 years.

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