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Residential Property Review – August 2018

Posted on 28 August, 2018

Reduced supply means higher rents over next five years The Royal Institution of Chartered Surveyors (RICS) latest survey indicates that rents could escalate by as much as 15% over a five year period, as a ’perfect storm’ of diminishing supply of rental properties, combines with increasing demand from tenants. RICS estimate that rents will increase […]

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Economic Review – July 2018

Posted on 29 July, 2018

WARM WEATHER AND WEDDING BOOST GROWTH The UK economy picked up some momentum during the three months to May as the hot weather and royal wedding sparked a modest rebound from the lacklustre performance recorded in the early part of the year. Last month saw a new monthly reading of gross domestic product (GDP) launched […]

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Residential Property Review – July 2018

Posted on 10 July, 2018

Three-year tenancies for renters causes concern to landlords As reported by The Guardian, the Secretary of State for Housing, Communities and Local Government, James Brokenshire, has proposed stopping landlords of rental properties from evicting tenants at short notice and implementing a minimum three-year tenancy agreement. Currently, approximately 80% of residential tenancies in England and Wales […]

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