Property Lettings

News, Advice and Information On Letting Property

Archive for January, 2009

Jan
28

Security essential when letting a retail premises

Posted under News

Security is paramount in today’s society, and especially when you’re talking about your own business premises, as it’s your livelihood on the line. Those who let out retail outlets in the high street need to safeguard their premises, their stock and their business so that crime doesn’t ruin any of the good work they’ve managed to build up. Read the rest of this entry »

Jan
28

Are garden ponds a good selling point?

Posted under Advice

Garden ponds are areas of peace and tranquillity. People can use them as a place to go and unwind after a hard days work. They also add to the overall look of a garden, giving it that added visual appeal.

Read the rest of this entry »

Jan
22

Finding Interior Designers Using the Internet

Posted under Advice

So you have a property and you think that during this time of hardship and the current gloomy economic situation surrounding us all, it might be a good idea to let out said property.

Read the rest of this entry »

Jan
19

Gloomy sales figures lead estate agents predict worse scenario

Posted under General

The data published by the Royal Institution of Chartered Surveyors (Rics) has revealed further fall in property sales in December, touching ever lowest level of last 30 years. Read the rest of this entry »

Jan
17

UK house prices touch August 2004 levels

Posted under General

Halifax has reported continuous fall in house prices, reaching levels of August 2004. In December prices declined by 2.2%, amounting to fall of 16.2% from December 2007, biggest since Halifax started compiling data. Read the rest of this entry »

Jan
14

What do I do with the fireplace?

Posted under Advice

The title of this topic is a common question asked by budding landlords. If you are planning on letting a property with a fireplace (or several fireplaces for that matter) what should you do with it?

The problem is of course that your potential clients are a mixed bag of needs and wants. Some might like a fireplace some might not. Read the rest of this entry »

Jan
08

Buy-to-let repossessions likely to rise in 2009

Posted under Advice

Year 2009 is going to be another tough year for buy-to-let landlords, predicts the Association of Residential Lettings Agents (ARLA).

The Association has forecast increase in rate of repossessions due to likely failure of large number of landlords in payments of their mortgage. Read the rest of this entry »

Jan
08

UK house prices fell by 16% in 2008

Posted under Advice

The Nationwide Building Society in its latest survey has confirmed 16% fall in house prices in the UK in 2008 and reported average price down to £153,048.

December 2008 witnessed 14th consecutive fall of 2.5% in house prices, making it 18% lower than peak in October 2007. Read the rest of this entry »

Jan
07

Down trend in retail rents for the first time in 15 years

Posted under Advice

It is blessing in disguise for retail stores as rents have started falling in 2008 for the first time in 15 years and are unlikely to go up until 2013.

The fall in annual rents and opening of 2.5 million sq ft area of new shopping centre would substantially strengthen retailers’ bargaining power with landlords during their toughest struggle for survival in hostile trading conditions. Read the rest of this entry »

Jan
05

Flood in letting sector is threatening collapse of rents

Posted under General

Estate agents are worried over the impending collapse in rents as large number of landlords is flooding the rental market. Read the rest of this entry »