000 01765cam a2200229 4500
001 L130081
008 050603n2005 000 0 eng u
035 _a(Sirsi) u130081
041 _aeng
050 _a346.4104342
_c18
110 _aRoyal Institution of Chartered Surveyors
_bPublic Affairs
_94679
245 _aRICS residential lettings survey Great Britain
_bApril 2005
260 _aLondon
_bRICS
_c2005
300 _a12p.
_c30cm.
490 _aRICS Residential Lettings Survey Great Britain
_vApril 2005
520 _aLooks at the three months to April 2005 and reports that tenant demand for rental property continued to rise due to uncertainty over house prices and fears of interest rate rises; particularly in southeast, eastern and northern England. Rents continued to rise at a modest pace due to the increase in letting activity. New landlord instructions stagnated for the first time since 1998 indicating that buy-to-let activity has come to a standstill as house prices have stopped rising and interest rates have increased. Existing landlords are not however selling out of the market with the proportion of landlords selling properties on tenancy expiry falling again in the latest quarter. Rental returns (gross yields) to investors have increased for the first time in over four years but remain low by historic standards. Surveyors expect moderate rental increases in the coming three months.
590 _aIKA040705
650 _aRICS RESIDENTIAL LETTINGS SURVEY GREAT BRITAIN
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY TENURE-LEASEHOLD RESIDENTIAL PROPERTY
856 _uhttps://www.rics.org/Global/Downloads/ResidentialLettingsSurvey200504.pdf
_zView the report free of charge at www.rics.org...
942 _n0
999 _c104338
_d104338