According to the FT, rents in some parts of London have gone down by as much as 20%. Why? Because of all the excess stock that isn’t being matched by an increase in the number of people looking to rent. ‘Reluctant landlords’ take on a big part of the blame, but they don’t exactly want [...]
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There was an interesting piece in The Observer yesterday, where Oscar-winning John Battsek talks about his beyond unsatisfactory dealings with a certain mini-driving letting agent. Forget the fact that he missed out on a rental income to the tune of a few thousand pounds, his gripe is that he feels he was completely hustled [...]
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Everyone I know is a fan of Gumtree for some reason or another, whether it’s to look at jobs, second hand motors or just the increasingly bizarre personal ads. A big part of Gumtree’s success also comes from its thriving property section and Gumtree have recently published a report examining today’s rental market. The findings [...]
Filed under: Property News | 2 Comments »