Paragon Investment Properties UK - A unique property investment company

Questions Answered

Are You A Developer?

Subscribe to our Rss Feeds

23/08/2010How concerned should investors be over falling house prices?
05/08/2010COUNCILS CALLED ON TO ASSIST PRIVATE LANDLORDS
04/08/2010Councils must do more to assist private landlords
02/08/2010COUNCILS CALLED ON TO ASSIST PRIVATE LANDLORDS
28/07/2010Loans Rescue Scheme Cut
27/07/2010Environmental concerns 'not high on landlords list'
26/07/2010Minister under fire as he plans a Mortgage Rescue Scheme refocus
26/07/2010Average rents increasing

Environmental concerns 'not high on landlords list'
Added on: Tuesday, July 27, 2010 (00:00 AM)

The nature of the rental market at the moment means that landlords are not showing interest in improving the energy efficiency of their properties.

This is the view of private rental sector expert Malcolm Harrison.

Mr Harrison said that the "tremendous upsurge in demand for rental property at present" means that tenants are unable to "pick and choose" the qualities they want in their home.

However, he added that the "main problem is the shortage of rental stock".

The comments follow a post from the Residential Landlords Association which compiled figures suggesting that tenants are intent on becoming more energy efficient.

According to a release from Paragon Advance, average rental prices in London stood at £916.52 for the first quarter of 2010.

Paul Abbott, head of property and mortgages at the company said that prices remained high for "a number of reasons", including the high house price to earnings ratio and the current difficulties in obtaining high loan-to-value borrowing.

Back to Articles

Registered & Correspondence Office: 4, 5 & 6 Quay Point, Northarbour Road, Portsmouth, Hampshire, UK, PO6 3TD.
Tel: 0844 375 9614 Fax: 0844 375 9615 Company Registration No: 3679691 Company VAT No. 880 9883 64
All calls are recorded for training and monitoring purposes
Terms and Conditions Privacy Policy Sitemap

Paragon Investment Properties is not a regulated or licensed investment or financial advisor. Whilst we endeavour to provide accurate, up to date and complete information, we make no warranties or representations as to the accuracy, reliability or completeness or otherwise of the information and assume no responsibility or liability for any omissions or errors. As such, all information provided by Paragon Investment Properties should only be regarded as an indicator and a general guide and should not be relied on as a statement, recommendation or representation of fact. Any interested parties are advised to satisfy themselves as to the accuracy on any information they receive by carrying out independent assessments or otherwise before making any commitment to participate.