Residential Land Property News Section

Profiling tenants using social media – is this a good thing?

social-media-tenant-profiling-lettings

Residential Land, Central London’s largest private landlord, has been reading about a new service that allows landlords to profile tenants by viewing their social media accounts.

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Renting a property in Central London? Here are some financial considerations

Renting a Central London property is a great way to establish a base in one of the world’s most exciting capital cities and with the right financial planning, it can be a very rewarding experience.

Residential Land - Flats to Rent in Central London

The set up costs to rent a property are often cheaper than taking out a mortgage. For starters, there isn’t the same hefty deposit to pay. When buying a property, usually a deposit of 25% of a home’s value is needed to secure the best mortgage rates – which would be an astonishing £138,050 using today’s average price of a London property, according to Rightmove.

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Market update: ‘brand’ landlord gaining momentum

The private rental sector is changing. We’re moving into the era of the professional landlord, more recently referred to as ‘brand’ landlord and the effects will be felt the most by small portfolio and accidental landlords.

Brand landlord gains momentum

Professional or ‘brand’ landlord is not a new concept, as Residential Land has been a private landlord brand since 1991. Organisations like us want to change the perception of renting, acting as professional landlords yet operating within a bigger company structure.

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MIPIM report: World property experts shape the future of Central London PRS

MIPIM – the real estate extravaganza took place during March in Cannes. It’s probably the biggest gathering of leading industry professionals, investors, advisors and companies, and Residential Land, once again, took part, with CEO, Bruce Ritchie, sitting on a seminar panel and giving a video interview for leading industry publication, Property Week.

You might ask why an event like MIPIM is so important to tenants – both current and prospective. The Central London private rental market is at a crucial juncture. Demand is soaring and as an industry we are looking to increase the supply of decent, well managed rental property. We’re also facing uncertain times ahead of the BREXIT vote, with many experts speculating how an ‘out’ vote might affect the UK’s property market.

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Right to Rent – Immigration checks

The Home Office has announced a roll out across England of ‘Right to Rent’ checks from 1 February 2016, as part of the Immigration Act 2014.

Please read Residential Land’s terms and conditions here

Right to rent

Right to rent – Immigration checks

The new measures mean that anyone allowing a tenancy to begin after 1 February 2016 must, if asked, be able to produce evidence that they have seen and made copies of acceptable ID prior to the start of the tenancy.

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Why and how is the Central London rentals market growing?

London. It’s a dynamic, ever-evolving city where commerce, creativity and culture thrive. We’re proud to offer tenants first-class rental properties in high-quality locations so more people can enjoy living in the capital. The Central London lettings sector is growing at an astounding pace and as 2015 has now passed and 2016 starts, it’s a good time to assess the private rental sector and what might lie ahead.

residential land - central london property

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The secret of securing a property to rent in Central London

If you are looking for a property to rent in Central London, we can confidently guess you’ve searched the property portals and even letting agents’ own websites and found lots of suitable properties….only to discover a tiny tag on the corner of the photo that says ‘let’.

property to rent in Central London

Frustratingly, many agents choose to list properties they have already let to boost their online presence, while others may be slow to remove listings once a new tenant has been found. As you may have discovered, the Central London rental market moves at the speed of light and you might already have experienced disappoint that a rental property you have found has already been let by the time you make an enquiry.

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RESI’s Next Big Thing 2012

RESI 2012 - A new era of opportunity

Do you have an idea that could revolutionise residential property?

Do you have an investment proposition? Do you have the latest industry invention or a plan to further the green agenda?

As part of this year’s Property Week RESI conference, we are looking for inventive residential investment ideas to be pitched to a panel of judges live on the RESI stage.

The judging panel will be chaired by Residential Land CEO and founder Bruce Ritchie, alongside fellow industry heavyweights Nick Candy, Harry Handelsman and John Hitchcox.

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Prime Central London prices rise above 2007 peak values

Central London residential prices have now risen by about 16% above their 2007 peak values, but the widespread industry consensus of opinion is that values will continue to grow , putting the sector in to a super prime category compared to the rest of the UK and other world cities. This was highlighted in a recent CBRE report entitled ‘Why London Still Packs a Superprime Punch’ – download it here.

Residential supply remains restricted, and both domestic and international demand, particularly from the Far East remains very strong.

The reasons for this overseas demand remain the same, overall quality of environment for foreign owners, safety for assets and persons and easy access. In addition and as importantly there is a good choice of apartments and houses to choose from, all designed and finished to the highest world standards.

Residential Land remains committed to this sector, both in the traditional prime areas of Mayfair, Knightsbridge and Belgravia, but also in the newer prime pockets in St John’s Wood, Hampstead and Regents Park and are actively seeking to increase their portfolio.

If you have any opportunities, both existing or new build, contact our acquisition experts here or email enquiries@residentialland.com

Will the 2012 budget effect residential property in London?

Richard Berridge, Sales & Acquisition Consultant at Residential Land recently commented on the 2012 Budget and how it is likely to effect Residential property in London:

The 2012 Budget is being touted as ‘fiscally neutral’  and it is clear the George Osborne is adhering to his deficit cutting plan and global  credit agencies placing Britain on a negative watch/outlook will have hardened his resolve in doing so.

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