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RICS residential lettings survey Great Britain second quarter 2007 [electronic resource]

By: Language: English Series: RICS Residential Lettings Survey Great Britain ; Second Quarter 2007 Publication details: 2007Subject(s): LOC classification:
  • 346.4104342 $2 18
Online resources: Summary: Reports that buy-to-let investors returned to the market during the second quarter of 2007. Rental growth reached record levels. Increased uncertainty and a slowing housing market, as well as declining assessibility, have reduced the impetus on buyers to enter the housing market. This has boosted tenant demand. 29% more Chartered Surveyors reported a rise than a fall in lettings, an increase of 15% over the first quarter. Surveyors expect rents to reach record growth rates within the coming months.

Reports that buy-to-let investors returned to the market during the second quarter of 2007. Rental growth reached record levels. Increased uncertainty and a slowing housing market, as well as declining assessibility, have reduced the impetus on buyers to enter the housing market. This has boosted tenant demand. 29% more Chartered Surveyors reported a rise than a fall in lettings, an increase of 15% over the first quarter. Surveyors expect rents to reach record growth rates within the coming months.

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