Nottingham Letting Agent Property Blog

Increasing numbers of tenants are choosing to share their homes as a way of coping with rising rents, according to property analytics company Hometrack. Although they found demand for rental property is still strong, many people are struggling to cope with the rising cost of living, and certainly cannot cope with increases in rent. This is particularly true in London, and couples who would have previously rented two-bedroom flat and kept a spare bedroom, are now choosing to let it out to another tenant. The rental market in the UK is split into two distinct sections, as rents in London are...

Apparently the profile of buy to let landlords is changing, and, buy to let lenders are seeing an increase in the number of mortgage applications from first time borrowers. According to mortgage specialist John Charcol, growing numbers of middle-aged homeowners who have substantial equity in their property are choosing to let rather than sell, and are then using the equity released to either buy another property in which to live or are choosing to rent.Some of these new landlords are keen to move but are reluctant to accept a lower price for the property, while others now see their home as...

According to the Association of Residential Letting Agents, last year saw more private rental landlords buy and sell property, but it looks as if this won't continue this year. Their research shows the percentage of landlords selling property during the last 12 months increasing from 6% to 8% during the last quarter of the year, while the number buying property increased from 23% to 25%. However the percentage of those intending to buy properties during the coming 12 months fell from 27% to 25%, while the number of those intending to sell property has increased slightly from 8% to 9%.Apparently private...