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RICS residential lettings survey Great Britain April 2006

By: Language: English Series: RICS Residential Lettings Survey Great Britain ; April 2006Publication details: London RICS 2006Subject(s): LOC classification:
  • 346.4104342 $2 18
Online resources: Summary: Records that tenant demand for rental property remained solid for the quarter to April 2006 but showed signs of normalisation after rapid growth during the previous quarter. New instructions to let property also increased in the first quarter, slowing fractionally compared with the previous quarter. Investor activity rose moderately but there are few signs of a renewed buy-to-let boom. Investors are holding on to their existing property holdings. The proportion of landlords selling property with expired tenancies dropped to 3.8% in the quarter to April. Rent rises accelerated for the second consecutive quarter hitting the highest pace for five years. Gross yields remained virtually unchanged for the second quarter running in spite of rising rental levels. Surveyors expect the upward trend in rents to continue in the next quarter with confidence the highest in five years.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 133648-2001

Records that tenant demand for rental property remained solid for the quarter to April 2006 but showed signs of normalisation after rapid growth during the previous quarter. New instructions to let property also increased in the first quarter, slowing fractionally compared with the previous quarter. Investor activity rose moderately but there are few signs of a renewed buy-to-let boom. Investors are holding on to their existing property holdings. The proportion of landlords selling property with expired tenancies dropped to 3.8% in the quarter to April. Rent rises accelerated for the second consecutive quarter hitting the highest pace for five years. Gross yields remained virtually unchanged for the second quarter running in spite of rising rental levels. Surveyors expect the upward trend in rents to continue in the next quarter with confidence the highest in five years.