Parts of the UK property market face a supply shortage with a quarter fewer properties listed for sale in England and Wales in March this year compared to 12 months ago, according to OnTheMarket data.
New figures show that there is no widespread sell-off by landlords, despite the tax and regulation changes of recent years.
ARLA Propertymark, the letting agents’ main trade body, has prepared a ‘top tips’ guide for first time landlords.
A leading data insight company has revealed the best places in the UK to buy an investment property.
British landlords sold nearly 132,000 properties in 2020, the smallest sell-off since 2013.
Homes are selling at the fastest pace ever recorded right now, which is pushing up average asking prices for properties.
On Wednesday 7th April, we saw a record of 9.3 million visits to Rightmove in a single day, while last month home-hunters spent more than two billion minutes on our site.
Around 7% of landlords in the UK are ‘accidental’ and never intended to let out a property. Reasons for being an accidental landlord include inheriting a property that hasn’t been sold on and being forced to let out a home that cannot be sold.
Homebuyer demand climbed in the first quarter although London remained off the pace, according to the latest Homebuyer Demand Hotspots Index from estate agent comparison site GetAgent.co.uk.
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