Author: tom-simcock

PEARL Rental Index July 2018

Rental price growth in Great Britain remained unchanged from April 2018, with rents increasing by 1.0% in the 12 months to May 2018. London rental price growth continues to decline, with the latest rental index showing rents have decreased by 0.2% in the 12 months to May 2018.

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Supporting private landlords not pushing them out is key for a modern sector of the future

Our findings are showing that landlord sentiment to the sector and investments is deteriorating. We estimate on top of the 46,000 privately rented homes that have already been lost (MHCLG, 2018), there will be a further net loss of 133,000 homes to rent. We need to move to a broader but fair reform of private renting; with improved access to justice for landlords and tenants, expanded options for security of tenure, and reformed taxation policy that supports not penalise private landlords.

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Examining Energy Efficiency & Electrical Safety in the Private Rented Sector

The energy efficiency standards of the private rented sector have come under greater scrutiny over the past three years, with new regulations coming into force in April 2018. This means that no property can be let for a new tenancy if it is below an E EPC rating. This report builds upon our previous quarterly reports on the private rented sector and provides the opportunity for a deeper understanding of the issues facing private landlords, tenants and the wider sector.

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PEARL Rental Index – June 2018

London rental price growth has continued to decline, with prices decreasing by 0.2% in the 12 months to May 2018. Overall rental growth is 1.4 points below inflation, and data from across the sector is showing a slow-down in housing transactions and lending in the private rented sector.

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PEARL Rental Index – May 2018

The May 2018 PEARL Rental Index is showing that rental price growth across Great Britain is weakening with rents increasing by 1.0% in the 12 months to April 2018. London rents were unchanged at 0.0% in the 12 months to April, and Consumer Price Index inflation is now at 2.4% down from 3% for January 2018.

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PEARL Rental Index – April 2018

Rental prices weakening for Great Britain, with the latest rental index showing rents had increased by 1.1% in the 12 months to March 2018. London house prices decreased by 1% in the year to February 2018, while UK average house prices increased by 4.4% in the year to February 2018.

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