 
Rental
increases in UK - Landlords should still be cautious
Released 2nd
March 2010 Summary:
The latest
FindaProperty.com Rental Index has just been published and is encouraging; however
the recovery is not over yet. jml
Property Insurance are Premier HomeLet agents advertising Homelet Landlord and
Tenant insurance products on line for the past eight years. The Homelet Managing
Director John Boyle who is a Landlord himself has just issued a News Release saying
that he welcomed the latest FindaProperty Rental Index and the increase in rental
asking prices he warns that it may not be good news across the board. According
to the February FindaProperty
Rental IndexThe supply of properties available to rent fell by
3.6% to the lowest level since November 2008, this would be a result of people
who could not sell and had to let their properties have been able to sell now
and ten of the eleven UK regions experienced a monthly increase in asking rents.
Following two months of declining values, asking rents increased from £804 pcm
in January 2010 to £814 pcm in February, an increase of 1.2 per cent. Philip
Suter of jml-property-insurance.co.uk who has been a Landlord for over thirty
years, said " it is good very good news that rents are now recovering again, however
landlords should still remember that tenants can get into financial difficulties
and consider very strongly taking out Legal Expenses Insurance and Rent Guarantee
Insurance." Philip went on to say that there are a number of well known Landlord
and Tenant insurance providers advertising on our web sites including HomeLet,
Letsure,
Simple,
Endsleigh
and Rentguard
who are offering Rent Guarantee products." More
information can be found at http://www.jml-property-insurance.co.uk/Landlords_Rent_Guarantee_insurance.htm
Ends... Company
Information jml-property-Insurance.co.uk
is part of jml
Property Services, the trading name of Jeffrey
Milner Ltd. The company is an UK based
company that was established in 1979. jml insurance acts as an introducer for
insurance companies selling property insurance including landlord and tenant rental
products, pet insurance like Animal Friends Insurance, wedding insurance, motor
insurance, car hire excess insurance (via www.insurance4carrental.com)
travel insurance and non standard insurance products. They also operate jmlvillas.com
an online marketing service for owners of holiday home property to advertise and
are part of the jml
Group that includes jml
Training and Consultancy. ©
jml Property Services March 2010
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See
also
HomeLet
(Group) Press Information: Rental
Increases could see a reversal of Fortune says HomeLet Managing Director - March
2010 HomeLet
offers More Benefits for Premier Customers - March 2010 Agents
Positive about the Future of Lettings - February 2010 Cold
Snap Could Prove Costly for Landlords says HomeLet Insurance - January 2010 HomeLet
Launch New Range of Landlord's Insurance - December 2009 HomeLet
Insurance offers service guarantee to Letsense Agents - December 2009
HomeLet
to launch innovative new insurance policy product - December 2009 Demand
for HomeLet insurance doubles - October 2009 HomeLet
releases a new Tenant's contents insurance product available via jml insurance
- HomeLet rental insurance have cut the cost of tenants insurance from the 19th
June 09 with a new policy that is available via jml insurance - June 2009 Barbon
Insurance has acquired Zennor Ltd - April 2009 Tenants
should Insure against recession related crime - February 2009 New
Managing Director for Letsure- Barbon Insurance Group has announced the appointment
of Ian Fraser as Managing Director - January 2009
New
Chief Executive for Barbon Insurance - September 2008 Barbon
Insurance Reveals Latest Financial Results - September 2008 EIS
Completes Rebranding Exercise to Become Barbon Insurance Limited -August 2008 jml
Insurance are very pleased that HomeLet and Letsure are now under the Barbon Insurance
Group umbrella - August 2008 Martin
& Co announces three year deal with HomeLet - July 2008 HomeLet
staff gain promotions - June 2008 New
Customer relations manager for EIS Insurance Solutions - June 2008 EIS
sale completed - New and stable long term ownership - April 2008
EIS
separates from Erinaceous Group - New and stable ownership - April 2008 Erinaceous
placed in administration - April 2008 jml
Insurance will now be introducing Homelet Landlord & Tenant insurance instead
of Letsure - March 2008 Erinaceous
puts insurance division up for sale - January - February 2008 Brian
Turney has left Lumley Letsure - June 2007 Erinaceous
Group Plc Opens Property Management Office in Dublin, Ireland - May 2007 HomeLet
IPEX -Landlords set for buy-to-let revolution as new scheme launched - March 2007 HomeLet
Rental insurance launch Portfolio Insurance from 10th July 2006 in the UK Letsure
has a new Glasgow offices December 2005 HomeLet
launches new low cost option landlord’s protection - July 2003
Also:
HomeLet Landlord & Tenant Insurance Sponsors Negotiator Award The 2008 awards
from The Negotiator Magazine took place at the London Hilton on the 11th November
Return
to jml insurance Press Releases See
Also Insurance
Industry Press Releases -2008 Insurance
Industry Press Releases 2001 -2007 Independent
insurance Articles jml
villas.com Press Releases jml
villas.com / euro-rentavilla.com Media Coverage jml
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