RICS Lettings Survey 2013 Results

RICS

Image: RICS

The Royal Institution of Chartered Surveyors (RICS) has released data from their UK survey on the state of the residential lettings market. The survey collected information on tenant demand, rents and expectations as well as insight from individuals within the industry.

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Prupim invests in the Private Rented Sector

PRS Investment

PRS Investment

Prudential Property Investment Managers (Prupim) has acquired 534 Private Rented Sector (PRS) units, in 13 locations across Greater London, southern and south-east England, for a £105.4m.

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ARLA – Don’t get let down by letting

ARLA

Image: ARLA

The Association of Residential Letting Agents (ARLA), which Young London is a member of, has produced a set of tips for anyone making their first step into the rental market.

Young London wants to make sure that everyone is fully equipped to enter the market and so our website hosts a number of guides which many have found useful when foraying into the rental market. 

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Letting agent jailed after fraud

LawA letting agent has been jailed for failing to both protect deposits and pass rent on to landlords.

The victims of this rogue agent have been warned that they are unlikely to be reimbursed for their losses.

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Council Tax changes for empty rental homes

Parliament

Parliament

From Monday April 1 local authorities will have the discretion to charge full Council Tax on empty properties as the government has made changes to council tax legislation as part of its review of the Local Government Finance Act.

The change will affect properties that have currently been given exemptions and discounts, including furnished and unfurnished properties for rent. Owners of properties that are empty because of building work will also lose the automatic right to be let off Council Tax for up to a year.

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Are Housing Associations ready to tackle the Private Rented Sector?

Andrew Appleyard

Andrew Appleyard

In recent years the larger Housing Associations have expanded their housing activity into the delivery of homes for the Private Rented Sector (PRS). This market activity has been undertaken to help subsidise further affordable housing provisions. Through this activity they have developed the appreciation of risk, finance and commerciality.

Most associations are well capitalised so they are able to borrow in order to build a PRS portfolio and the larger organisations also have the development expertise needed to undertake build-to-let. As an established provider of homes for rent, Housing Associations would be able to provide investors with comfort in regards to their ability to manage their properties and tenants.

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In Conversation With… Alan Williams

Alan Williams - One Housing Group

Alan Williams – One Housing Group

There’s a plethora of leading figures in the property, investment, finance and charity sectors who we’re regularly in conversation with, many of whom are guest authors for PRSupdate – and here we share more about them, their roles, priorities and backgrounds. If you would like to feature in this series, or to suggest someone who might, please get in touch through our contact us page or let us know on twitter.

Why not take a lucky dip into our In Conversation archives and discover:

Today we speak with Alan Williams, Group Development Director of One Housing Group.

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Private Rented Sector homes funding increased

Parliament

Parliament

The Chancellor of the Exchequer, George Osborne, has announced that, as part of the 2013 Budget, the Build-to-Rent fund will be increased from £200 million to £1 billion.
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Property Management Guide: Proactive home care

Sometimes it is the simplest of things that we forget to do that can lead to larger issues later on.

So, as head of Young London’s Property Management team, I thought it would be a good idea to put together a proactive home care guide. This is a list of things that sometimes get overlooked when people live in a property.

Even if there is only one new piece of information from this list, it will still have been a success.

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Property Management Guide: Spring Clean 2013

Spring Clean 2013

Spring Clean 2013

At some point in the coming months the majority of people will partake in the annual ritual known as the “Spring Clean”. This, for the uninitiated, is the time of year when a property is cleaned from top to toe.

There are many tasks that should be completed regularly all year round to ensure that your home stays in tip top condition such as vacuuming, cleaning the facilities and other minor things. During a spring clean you should clean things that you normally overlook or put off due to time constraints.

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