Property prices If we now put aside the comparison between UK base rates and property rental yields, and look at property prices on the whole, there are also other reasons why they are moving higher. It is becoming more and more evident that rental yields are likely to increase with rents up by 4% on average across the UK in August equating to an 11% year-on-year increase. This means that in real terms rents are rising by in excess of 8% at the moment.
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HEMET: Modified rental ordinance finally approved
The changes were made to benefit landlords who do not have problems at their properties. An ordinance requiring landlords to register their rental properties with the city, pay for inspections and undergo crime-free housing training was passed 4-1 on Aug. 27. Councilwoman Shellie Milne voted no, saying she liked the program but not the idea of charging click here landlords who already are paying business license fees to the city. When a fee schedule came up for a separate vote Sept. 10, it sparked more than 90 minutes of debate about the already approved ordinance.
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Rental houses higher occupancy rate than apartments in Tri-Cities
But now, property managers are seeing home rentals take the lead. Earlier this year, Jody Prior moved to the Tri-Cities with her husband and three girls. They planned to rent, not buy.
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