Archive for July, 2016

Turning a House into Flats

Turning a House into Flats

Converting houses into flats is becoming increasingly popular. There’s a high demand for flats in London, and splitting a property into units can maximise both rental income in the short-term, and profit on sale in the long-term.

But where do you start? Here’s Portico London Estate Agent’s quick guide on everything you need to know about converting a house into flats…

Research the market

Before you even start thinking about conversion, you must make sure the flats you’re planning on building ...

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UK rental price increases shows no sign of slowing

UK rental price increases shows no sign of slowing

Latest figures from the Office for National Statistics (ONS) show that average UK rental price rose by 2.6 percent in the year to April 2016.

The increase was highest in England where rent rose 2.8 percent during the period. Scotland and Wales saw lesser increases at 0.5 and 0.2 percent respectively.

In the year up to April 2016, all the nine English regions saw an increase in private rental price.

Locally, London recorded the highest annual rental price increase at 3.7 percent, followed ...

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