Britain’s Royal Institution of Chartered Surveyors predicts that rental rates will rise noticeably in 2010, as the demand for private sector rental properties remains high, while supply appears to be dwindling. The main reason for the fall in supply is that so-called “accidental landlords” seem to be leaving the sector that they only entered on a temporary basis in the first place, and are now selling their properties instead. As real estate values increase, those who were forced to enter the buy-to-let sector because they had to postpone the sale of their property can now return to their initial plan.
According to the most recent statistics released by RICS, 11 percent of its surveyors found that they had fewer instructions coming in from the landlords on their list. A RICS spokesperson told The London Times that while tenants may have had the upper hand for most of the past 12 months, the decline in supply means that their bargaining power is now nowhere near as strong. Landlords in London are especially fortunate, as demand remains the strongest in the capital. But it appears as though the rental sector is doing better in almost every region of the UK, except for in eastern areas of England, where demand among tenants is not as acute.
One of the most instructive findings of the recent RICS survey is that demand for rental houses now outweighs interest in flats by a proportion of two to one.
Wednesday, 2 December 2009
Monday, 30 November 2009
Thursday, 12 November 2009
Monday, 2 November 2009
Friday, 11 September 2009
London Mayor Promotes Cycling
People living in London properties across the city are being invited to take part in a major cycling event this month.
The Skyride event, which is set to take place on September 20th, is predicted to be the largest mass participation biking occasion ever witnessed in London.
It was officially launched this week by Mayor of London Boris Johnson and the model and actress Kelly Brook and aims to give cyclists the chance to make use of traffic-free streets.
Commenting on the event, Mr Johnson said that he hopes the Skyride scheme will encourage more people to get on their bikes.
He added: "The fantastic thing about it is the huge range of people who take part - whatever your age or ability you can come and join in our free, unique, and most importantly fun, celebration of the best way of getting around."
The Mayor of London's office believes that more than 480,000 bicycle journeys are made every day in the city.
The Skyride event, which is set to take place on September 20th, is predicted to be the largest mass participation biking occasion ever witnessed in London.
It was officially launched this week by Mayor of London Boris Johnson and the model and actress Kelly Brook and aims to give cyclists the chance to make use of traffic-free streets.
Commenting on the event, Mr Johnson said that he hopes the Skyride scheme will encourage more people to get on their bikes.
He added: "The fantastic thing about it is the huge range of people who take part - whatever your age or ability you can come and join in our free, unique, and most importantly fun, celebration of the best way of getting around."
The Mayor of London's office believes that more than 480,000 bicycle journeys are made every day in the city.
Wednesday, 19 August 2009
Change4Life in Putney
People living in London property in Putney and other areas of Wandsworth are being invited to take part in a new scheme designed to improve their outdoor fitness.
NHS Wandsworth is partnering with local councillors to offer free guided walks through the borough's parks in order to help people develop their health while enjoying the great outdoors.
Taking place in areas such as Putney Heath, the walks will form part of the government's Change4Life campaign.
Many walks will be available to residents during weekdays, with trained instructors showing people how they can gradually build up their pace to potentially enjoy health benefits such as lower blood pressure.
The walks will be free of charge and are expected to last for around an hour each.
Change4Life aims to make the UK more active, to reduce the number of people suffering from illnesses relating to poor diets and lack of exercise.
NHS Wandsworth is partnering with local councillors to offer free guided walks through the borough's parks in order to help people develop their health while enjoying the great outdoors.
Taking place in areas such as Putney Heath, the walks will form part of the government's Change4Life campaign.
Many walks will be available to residents during weekdays, with trained instructors showing people how they can gradually build up their pace to potentially enjoy health benefits such as lower blood pressure.
The walks will be free of charge and are expected to last for around an hour each.
Change4Life aims to make the UK more active, to reduce the number of people suffering from illnesses relating to poor diets and lack of exercise.
Saturday, 1 November 2008
Putney Lettings Agents: Lettings in London SW15
Putney lies between Wimbledon and the River Thames, on the north side of Fulham. Putney has good underground links and mainline train links into Central London. With its numerous shops and restaurants Putney has become an increasingly popular place to live. Property prices are lower than Fulham but offers similar accommodation.
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