Small landlords dominate rental sector
Series: RICS Press Release ; (pr085) 26 August 2003 (2)Publication details: 2003Subject(s): Summary: Investment in letting property appears to be on the increase with a sharp rise in the number of instructions to let residential property. Demand for rented property rose in the three months to July as first-time buyers found themselves unable to get on the property ladder. There was a drop in lettings in southeast England but elsewhere they held steady. RICS is calling on government to encourage insurance and pension fund investment in the residential market through Real Estate Investment Trusts (REITs), to stimulate diversity and growth in the market. "RICS residential lettings survey Great Britain" can be found at http://www.rics.org/ricscms/bin/show?class=MarketSurvey&template=/includes/showmarketsurvey.html&id=65. http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=1018&faculty=RICS| Item type | Current library | Copy number | Status | Barcode | |
|---|---|---|---|---|---|
| News article | London News article | 1 | Available | 123376-1001 |
Investment in letting property appears to be on the increase with a sharp rise in the number of instructions to let residential property. Demand for rented property rose in the three months to July as first-time buyers found themselves unable to get on the property ladder. There was a drop in lettings in southeast England but elsewhere they held steady. RICS is calling on government to encourage insurance and pension fund investment in the residential market through Real Estate Investment Trusts (REITs), to stimulate diversity and growth in the market. "RICS residential lettings survey Great Britain" can be found at http://www.rics.org/ricscms/bin/show?class=MarketSurvey&template=/includes/showmarketsurvey.html&id=65. http://www.rics.org/ricscms/bin/show?class=PressRelease&template=/includes/showpr.html&id=1018&faculty=RICS