Thursday’s property bits and pieces…
Written by Mike Carter on June 12, 2008- Marginal falls in rental returns for houses. The latest quarterly survey of ARLA’s member letting agents shows that average weighted rents for houses are down 7%, for flats the figure is down 9%. However in some areas demand still outstrips supply and the number of days a property lays empty between tenants has continued to shorten from 24 days last quarter to 22 days. Tenants are also staying in their properties for longer too. Read more at HouseFund.
- Suffering Humberts has been sold. 34 original offices plus another 10 franchises have been bought by the Mercantile Group. Read more at TheRatAndMouse.
- Question how your estate agents works. Ed Mead urges sellers to really question how different estate agents operate and pay their commissions, so that you don’t miss out on the best possible offer. Read more at The Telegraph.
- Pay off the mortgage or add to the pension? So, you find yourself with an unexpected lump sum and don’t want to spend it on handbags and shoes. What should you do with it? Philip Scott examines the options, and finds you could be better off adding to the pension pot. Read more at ThisIsMoney.
- From The Apprentice to property investment. The Apprentice is over for another year, which is a shame because Nick and Margaret are quite possibly the best thing on British television, but who remembers Kristina Grimes from last years final? She didn’t get the job with Sir Alan, but she hasn’t done too badly out of property. Read more at The Telegraph.
- Thinking of Nick and Margaret, here are their best bits…
June 12th, 2008 at 10:51 am
[...] Original post by Financial Md [...]