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Here’s what we’ve seen in the news this week:
March boomed and so will the summer months, says RICS report: Agents say Chancellor’s decision to extend stamp duty holiday saw sales, appraisals and buyer enquiries increase last month. Read more.
Rents show gentle rise in most parts of the UK says latest index: The latest Goodlord rental index shows a buoyant lettings market over the past month. March brought a boost in average income for tenants in most regions with the biggest rise in the North West where tenant incomes increased by 12 per cent. Read more.
Number of prospective tenants continued to rise in February: In February, the number of new prospective tenants in the UK rose for the second consecutive month according to the latest Private Rented Sector report by ARLA Propertymark. Read more.
Property prices to rocket as housing supply shortage intensifies: The housing boom is expected to accelerate in the coming months as a property supply shortage could cause a “bottleneck” in the market and push up prices. Read more.