The buy-to-let market, long associated with an “ageing cohort of landlords”, is undergoing a significant generational shift. Paragon’s recent report on the next generation of landlords highlights a growing trend of younger investors entering the market, signalling a new era for property investment in the UK. Shifting Demographics in Buy-to-Let Investments Older landlords have historically …
Tag: Rental Market
Labour’s Housing Agenda: Key Changes Ahead
The election of the Labour Party into parliament promises to bring significant changes to housing in the UK. With an ambitious plan to address housing shortages, affordability, and rental market regulation, Labour’s policies could reshape the landscape over the next five years. Housing Market New Homes and Strategic Planning A key component of Labour’s housing …
Unlocking the Psychology Behind Rental Pricing
With the complex nature of the rental market and economic landscape, property value and rental pricing can no longer rely solely on mere numbers and square footage. Delving into the psychology at play within the mind of a potential tenant may reveal several psychological factors at play. These factors can be strategically applied by property …
Rent Increases 2024: New vs Renewed Tenancies and the Catch-Up Effect
The rental market has seen significant changes in 2024, particularly in how rent increases have affected renewing tenants compared to new tenants. A report by Hamptons Lettings Agency has highlighted how the gap between new and renewed tenancies has shifted. Increasing Rents and Market Trends Back in April 2018, new tenants paid just 1.1% more …
The Rent-to-Buy Scheme: A Path to Homeownership
With the rental climate frequently exhibiting unpredictability, saving the money for a house deposit can be daunting. The Rent-to-Buy scheme in England attempts to resolve this, by making the transition from renting to buying a home much more manageable. What is the Rent-to-Buy Scheme At the heart of the Rent-to-Buy scheme is one simple principle. Tenants rent …
Rental Reality: Tenants Face Surge in Property Costs
Changes in the Rental Market A report by insurance company HomeLet has highlighted shifts in the rental market, documenting an escalation in rental prices. The report recorded a 10.1% increase in rent, with a 12% increase in London specifically, resulting in an average rent of £1,276 nationwide, and £2,179 in London. HomeLet has also reported a 2.2% drop in affordability across …