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The cost of renting a home in England and Wales fell for the first time in 10 months in November, a survey has found.Rent at a typical property dropped by 0.4% compared with October, to £717 a month, LSL Property Services said. However, a tenant still typically paid 3.5% – or £25 – more in rent [...] The cost of renting a home is rising at its fastest rate in a year – with the average tenant paying £713 a month, a new survey has announced.Tenants paid 1.2% more on average to rent a property in the UK in August than they did in July, according to LSL Property Services. The cost rose [...] Demand for buy to let mortgages continues to grow boosting UK property market.The Council of Mortgage Lenders(CML) has said the number of buy-to-let mortgages rose by 29,000 in the second quarter of the year, to 1,342,200. They now account for 12.4% of all mortgages, the highest proportion on record since the buy-to-let market took off at [...] Gazumping is pushing up rents in England and Wales as the average cost to tenants reached £696 in May according to new research. The average cost of renting a home has risen for four consecutive months the analysis suggested. But [...] The finances of private tenants deteriorated in December, with nearly 12% of all rent unpaid or paid late. LSL said unpaid rent now amounted to £276m, the highest level since December [...] UK home sales fell in November as the property market showed little sign of fresh life at the end of the year. This was down from a revised figure of 80,000 the previous month and [...] Activity in housing and mortgage markets is set to remain broadly flat in 2011 the Council of Mortgage Lenders predicts. And with home loans with both small deposits and high income multiples make up just over 1% of all new lending, first time buyers will have trouble getting onto the property ladder. The view that next year [...] Nimbyism is stopping many new housing developments on the drawing boards. England’s planning system is being turned on its head with an unprecedented amount of power being transferred to communities. It has [...] The average monthly cost of renting a home rose again in November, to a record £692. However, LSL said the increase in rents was slowing down, with an increase of just 0.1% last month, and there were big [...] 39pc more surveyors reported a rise in rents during the third quarter than those that saw a fall- the highest level since the second quarter of 2007, the Royal Institution of Chartered Surveyors (RICS) has found. Registered Office in England, 24 Charlton Drive, GL53 8ES, UK- 3506015 • Data Protection Registration Number- PZ5407728
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