Between 2008 and 2011 the proportion of UK citizens renting private accommodation grew from 10 per cent to 15 per cent, according to the Office for National Statistic’s latest mass survey.
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Landlords will face fines if they let to illegal immigrants, under tough new anti-immigration measures designed to deter Bulgarians, Romanians and other nationalities from entering the UK
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The Bank of England said mortgage rates will continue falling, according to lenders who took part in its credit conditions survey. But mortgage approvals remain low
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The property website Rightmove has published its House Price Index for March and it shows that the average asking price in England and Wales was £239,710 against the February figure of £235,741. In the last year asking prices have increased by an average of 1.2%. Rightmove say that 60% of home-movers believe that prices will be “more or less the same” in a year’s time while 23% expect prices to be higher. Only 11% expect prices to be lower.
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Landlords across the UK are remaining highly confident over the health of the market.
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