Property news roundup: More than half of landlords live within 10 miles of their rental property
Plus, the importance of rural broadband, new QR codes and Britain's worst kitchen
Alex Johnson has been part of The Independent's online team since 2007. He has been writing about microarchitecture on his internationally-acclaimed Shedworking blog since 2006 and is the author of Shedworking: The Alternative Workplace Revolution. His latest book is Bookshelf, published by Thames & Hudson.
Monday 10 March 2014
Around 56 per cent of buy-to-let landlords and property investors live within 10 miles of their rental properties, according to Countrywide Residential Lettings.
In the North East and North West live the figure is even higher, with two thirds of landlords living inside the 10 mile zone. The number of landlords living within 25 miles of their properties is highest in the North East at 83 per cent, followed by the North West (81 per cent), East Midlands (71 per cent) and London (60 per cent).
London has the largest proportion of landlords living more than 100 miles away, with more than 1 in 5 landlords doing so, nearly twice the UK average.
The report also shows that only six per cent of landlords own more than one rental property and that the average monthly rent in the UK in February was £861, up just over three per cent compared to the same time last year.
Over the last 12 months, rents have risen fastest in Scotland (up 9.6 per cent), followed by Central London (8.5 per cent). The biggest decrease was in the West Midlands, down by 6.2 per cent.
Nick Dunning, Group Commercial Director at Countrywide said: "Location is key to buy-to-let investment and landlords tend to purchase in areas they are knowledgeable of in terms of property prices, monthly rents and the local amenities that attract tenants to an area. Given 94 per cent of UK landlords own a single rental property, many choose to take a hands on approach in regards to management, so favour being closer to their rental accommodation.
Broadband the biggest issue for rural homeowners
Better broadband connection is the most important issue that the government needs to tackle to make the countryside a better place to live, says a new report.
More than 70 per cent of those who took Knight Frank’s survey said it was the top priority, while half said that poor broadband was either affecting the profitability of their business or quality of life now. Only 11 per cent said it was not an issue for them.
Who has the worst kitchen In Britain?
MyBuilder.com is running a competition to find Britain's Worst Kitchen with a £3,000 culinary facelift as the prize. Click here for details of how to enter.
QR codes on energy bills
QR codes are to be added on energy bills to help customers get an instant cross-market comparison. Jeremy Cryer, energy spokesperson for Gocompare.com, said: "We welcome any steps to simplify energy bills and encourage people to compare energy tariffs. However, care needs to be taken not to introduce unnecessary complexity to the energy shopping process, which could have the potential to make people less likely to shop around regularly. It’s important that all bills, tariffs and communications from energy suppliers are made easier to understand so that every consumer, not just the tech-savvy, can benefit."
Surrounded by glorious countryside in the village of Udimore, sits this impressive four-kiln oast and barn conversion
A five-bedroom house in the picturesque village of Kettlewell, north Yorkshire
An 18th-century former coaching inn with original staircase, open fireplaces and beams throughout
A Grade II-listed Georgian town house with three bedrooms and a south-facing courtyard, near Arundel Castle
Feel on top of the world at this über chic penthouse on the 37th floor of one of Europe’s tallest blocks.
A Grade II-listed Victorian villa with six bedrooms and two further cottages, all with spectacular sea views
A grade II-listed, Georgian cottage with mature 50ft garden, perfect for summer entertaining
A magnificent Georgian pile with turrets, seven bedrooms, a heated pool and four acres of gardens
Fairoak Farm has five bedroom suites, gym, outdoor swimming pool and golf course
Chic two-bedroom river-fronted flat with a private lift that delivers you directly to your home
A spectacular seven-bedroom Tudor pile, once owned by Henry VIII, with 18 acres of land
A seven-bedroom Georgian property previously used as a picturesque wedding venue
A split-level flat in a church conversion with two en suite bedrooms and 1,200sq ft of living space
A three-bedroom bungalow situated behind an impressive stone wall, £645,000
Windsor Castle overlooks this three-bedroom Victorian cottage located on one of Windsor's smartest roads
Chapel House is a former vicarage with nine bedrooms in the beautiful Upper Wye Valley
A five-bedroom B&B and separate owner's accomodation with potential for conversion
Enjoy summer by the Thames in this two double-bedroom converted warehouse in Rotherhithe village
A one-bedroom, luxury apartment with private gym and concierge service in Moorgate
A four-bedroom house in Hermitage Gardens with three reception rooms and landscaped gardens
A seven-bedroom Grade II-listed property with a separate self-contained apartment
A five-bedroom Victorian house with three reception rooms and galleried landing, £695,000
A six-bedroom farmhouse with five acres of land in a former cloth-making village
A secluded seven-bedroom detached house with large private garden, £490,000
A three-bedroom cottage overlooking Sarratt village green with open fires and solid oak floors
A three-bedroom maisonette flat in a Grade I-listed, Georgian townhouse in a sought-after location
A one-bedroom apartment located within a private gated development, north of Turnham Green
Look forward to a brighter future at two-bedroom Sunny Cottages, ideal for Londoners looking to downsize
A three-bedroom red-brick cottage with outbuildings and pretty gardens, £200,000
This three-bedroom flat within a former textile factory spans the corner of the fourth floor and has a balcony
A charming four-bedroom Oxfordshire cottage with oak floors and chunky-beamed ceilings, £465,000
A beautiful one-bed flat in a sought-after portered block, with access to Norland Square communal gardens
A one-bedroom flat within a Sixties school conversion with high-spec design and open-plan kitchen, close to Lambeth North Tube, £435,000
A 17th century four-bedroom house, with open fireplaces, cellar and pool, £600,000
A three-bedroom, coach house with luxury open-plan living space and contemporary breakfast bar
A newly refurbished one-bedroom flat in the heart of Mayfair, close to Grosvenor Square
A charming four-bedroom house overlooking Burleigh Square Park, close to Thorpe Bay
A three-bedroom farmhouse with a large inglenook fireplace and exposed beams
A boutique mews house, set around a central courtyard, with three bedrooms and a private roof terrace
A four-bedroom farm-conversion with three bathrooms and two reception rooms
A two-bedroom detached house with ensuite bathrooms and a sun-drenched decked terrace, £750,000
A modern and spacious two-bedroom, penthouse flat with two bathrooms in a prestigious development
A beautifully renovated five-bedroom terrace with three reception rooms and a courtyard garden, £700,000
A four-bedroom period house which has been extended to provide almost 2,500sq ft of living space, £675,000
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