RICS Archives - Grace Charles Investment

UK housing market shows signs of improvement

There has been a positive shift in the housing market with buyer demand and expectations for future sales on the rise, one survey has found.
According to RICS, house prices also appear to be stabilising.

UK rents reached a record high in January

Private rents in the UK reached record highs in January with the average rent paid by tenants rising by 6.2%.
That’s according to the latest report from the Office for National Statistics (ONS) and its rental index reveals this is the joint-highe…

UK housing market continues to improve but rent growth slows

The UK housing market showed further signs of recovery in January 2024, according to the latest survey by the Royal Institution of Chartered Surveyors (RICS).
The survey, which covers various aspects of the residential market, revealed that all key ind…

UK housing market shows signs of recovery but landlords are ‘scarce’

The UK housing market improved in December, with buyer demand stabilising and sales activity picking up but there remains a shortage of homes to rent, the Royal Institution of Chartered Surveyors (RICS) says.
Its latest UK Residential Survey

Rents to increase by 4% in the UK over the next year

Rents are expected to rise by almost 4% in the next year as the supply of homes to rent dwindles, the latest RICS UK Residential survey reveals.
RICS also reveals that tenant demand is still increasing – but at a slower pace than before.

UK rents rise as supply falls and house prices remain subdued

The UK rental market is facing a supply-demand imbalance with rents expected to rise by 4% in the next year, the Royal Institution of Chartered Surveyors (RICS) reveals.
Meanwhile, the house price outlook remains gloomy, with no signs of recovery soon.

King Charles confirms plans for abolishing section 21 ‘no-fault’ evictions

King Charles has delivered his first King’s Speech as monarch, setting out the government’s legislative agenda for the year ahead.
The speech outlined 21 bills that ministers aim to pass in the next Parliamentary session, which will last un…

RICS survey reveals rising rents and falling house prices

The UK’s housing market is facing a tough time, with the latest survey from the Royal Institution of Chartered Surveyors (RICS) revealing that rents are expected to rise by 5% over the next year, while house prices are on a downward trend across …

RICS unveils its manifesto and calls for more homes to rent

The Royal Institution of Chartered Surveyors (RICS) has launched its manifesto for the built environment in the run-up to the next UK General Election, calling for more homes to rent in a bid to slow down rent rises.
They also want action on climate ch…

Rishi’s EPC U-turn slammed by RICS

It’s taken nearly a week, but the Royal Institution of Chartered Surveyors (RICS) has hit out at Prime Minister Rishi Sunnak’s U-turn on energy performance certificate (EPC) requirements for rented homes.
It says that an alternative system …

UK rents continue rising as London leads the surge – ONS

Private rent prices paid by tenants in the UK have continued growing and have risen by 5.5% in the year to August 2023, data from the Office for National Statistics (ONS) reveals.
This is up from 5.3% in the year to July 2023

UK rents to rise as supply falls short of demand – RICS

The UK’s rental market is facing a shortage of available properties, as tenant demand continues to outweigh landlord instructions, the Royal Institution of Chartered Surveyors (RICS) reveals.
The survey also shows that house prices are on a downw…

Energy efficiency drive by RICS

A new consultation has been launched for landlords and industry professionals to give their thoughts on how to make energy-efficiency improvements to properties.
RICS has launched a consultation which will be aimed at helping surveyors provide useful …

Landlords continue fleeing PRS as tenant demand rises

Tenant demand in the first three months of the year rocketed by 41%, but fewer rental properties came onto the market, a survey reveals.
The Royal Institution of Chartered Surveyors (RICS) residential market survey for April found that 24% of members s…

Sellers under pressure after 11 months of falling demand

Homebuyer demand has now been down for 11 consecutive months – with new properties and agreed sales also taking a downturn, RICS reports.
The cautious market is still seeing house prices fall with agents predicting this trend will continue for th…

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