Posts with tag: letting

UK Lettings Market Remains Steady in June

Published On: July 18, 2018 at 8:00 am


Categories: Lettings News

Tags: ,

According to recent data from the Agency Express Property Activity Index, it has been revealed that there have been increases for the UK lettings market in June. Subsequent to stable activity in May, national month on month figures for properties ‘Let’ rose to sit at 7.4%. In addition, figures for new listings ‘To Let’ were at 7.8%.

Assessing activity across the individual regions recorded by the Property Activity Index, there were 10 of 12 regions that reported increases in property ‘To Let’ in addition to eight reported increases in properties to ‘Let’.

This month’s best performing location was London, recording robust month-to-month increases in both new listings ‘To Let’ at 22.4% and properties ‘Let’ at 12.3%. Wales also followed suit, with figures for properties ‘Let’ remaining at 14.7%. Though, the index’s historical records reveal greater levels of activity, twelve months previous for both regions.

Other prime locations in this month’s index included:

Properties ‘To Let’
• Central England 12.7%
• Wales 11.2%
• South East 10.2%
• North West 8.9%
• East Midlands 7.3%

Properties ‘Let By’

• South West 15.9%
• North East 14.8%
• Yorkshire & Humberside 14.7%
• London 12.3%

The major declines in this month’s index were recorded in the North East. Figures for new listings ‘To Let’ were at -5.6%, meanwhile, properties ‘Let’ dropped to -14.8%, marking the region’s biggest decline for June since 2015.

Managing Director of Agency Express, Stephen Watson commented on the latest index: “As we look back over historical data recorded by the Property Activity Index, we can see that June is typically a buoyant period for UK lettings market. This month we have seen we have seen a good level of activity but year on year figures remain down.”

New series to uncover truth about subletting

Published On: June 24, 2015 at 9:38 am


Categories: Landlord News

Tags: ,,

A new television series is set to uncover the truth about subletting.

Beginning this evening on Channel 5, ‘Nightmare Tenants, Slum Landlords,’ follows eviction specialists Landlord Action and various councils across Britain as they root out problem tenants and rogue landlords.


Uncovering stories such as homeowners failing to take a smooth repossession of their home and landlords who force tenants to live in unsafe and dirty conditions, the show is likely to cause debate in the market.

The first episode will follow the Bailey family, who were scammed by a fake agent going under the name of ‘Jerome Baker.’ After 24 hours, the family found out that no such company existed and that they had been conned.

When trying to back out of the ‘agreement,’ the landlord ignored them and subsequently broke into the property during the early hours to change the locks. Contacting the police, the family was told that this was a civil matter.

Susan Bailey commented that, ‘it was the most awful experience that consumed our lives. He sent heavies round to warn us and broke into our property on more than one occasion, yet we were powerless to stop him. We genuinely felt like we were going mad. How could we be ignored by the authorities when something so wrong was happening?’[1] 

New series to uncover truth about subletting

New series to uncover truth about subletting

‘Unsavoury behavior’

Founder of Landlord Action, Paul Shamplina, said, ‘we’ve been in this business for 15 years and this series could run and run if it were to uncover all the unsavoury behavior which occurs in the buy-to-let industry. Hopefully the cases highlighted in ‘Nightmare Tenants, Slum Landlords’ will give a balanced view of the issues that can occur on both sides and remind landlords of the importance of through due diligence.’[1]

The six-part series will run every Wednesday on Channel 5 at 9pm.