That stock News

About 39pc more surveyors reported seeing an increase in rent for the third quarter of those who saw saw a fall, the highest level since the second quarter of 2007, said the Royal Institution of Chartered Surveyors (RICS).

The group said the strong increase in rents was conducted by growing demand for possible first property rental buyers continued to struggle to get a mortgage and raise the deposit, they had to go the scale property.

A balance between the surveyors 33pc said they saw a further increase in demand during the quarter, the biggest jump since 2008.

But the number of new properties that were available to leave fell for the fifth consecutive quarter as owners themselves fought to get mortgages to expand their portfolios to buy to let.

Said surveyors the mismatch between supply and demand has helped the properties being left very quickly, with the owners see very few periods void.

The situation looks set to continue to move forward, with surveyors 34pc predict there will be still rent increases, compared with waiting falls, with rents houses should increase at a pace faster than those of the apartments.

Floating State rental market has led to owners just considering selling their assets when their current lease is nearing completion, with 2 5pc just say that they wanted to do.

RICS Jeremy Leaf spokesman said: "the lettings sector became more in stronger during the nine months, on the other hand for the market of housing, which continues to slow."

"Many are turned to the rental market because they fear further reductions in price on the market of housing, either because they cannot obtain the necessary funding for acheter.Par thus, rents continue to rise with supply failing to follow the request."

But he added that many owners sought to add to their portfolios to an increase in the number of suppliers offer investment loans in recent months.

London saw the greatest increase in rents in the third quarter, with 86pc surveyors reported an increase, the highest level recorded in the history of the survey.

There was also a turning-point in the North, where the balance of Surveyors, reports of increases in rent visited 23pc negative territory see hike.

Nik Madan, John d. Wood & co in London, said: "we are seeing a sharp increase rents achieved across London and statistical .Nos home counties, the rent since January have increased by some 9pc."

"This increase is due to the scarcity of stocks and the abundance of tenants potentiels.Nous expect this continuous rents rise to 2011 because of the difficulty in obtaining loans to buy and the general lack of saleable stock market sale.

Tenant demand is highest in South-Western, even if it also picked up significantly in the Midlands in the quarter.

View the original article here

The national Chief Economist Martin said Gahbauer supply pressures began to facilitate and there is little to suggest the House price declines accelerate in the coming months.

Lender Mortgage of Nationwide November house price survey said that the average price of a property fell 0 3pc to month to ￡ 163,398, decreased slightly larger 0 2pc fall under analystes.Le annual growth rate fell to 0 4pc, its lowest since September 2009.

Much of the recent weakness in property values was motivated by a return of vendors on the market.

But the national Chief Economist Martin said Gahbauer supply pressures began to facilitate and there is little to suggest the House price declines accelerate in the coming months.

"There are early signs that the flow of goods on the market may be slow even as potential vendors comply with recent weakness in prices and decide against the commercialization of their properties at the current juncture,"he said.""

Mr. Gahbauer said that this could lead to a repetition of the end of 2008 and early 2009, when a similar behavior has resulted in a decrease in the quantity of goods on the market.

Weakness is also attributed to more buyers unable to obtain a mortgage loan, with house purchase activity significantly lower than the 1990s housing slump, mainly due to the global financial crisis.

"While in the 1990s, the number of mortgages originally subscribed for the purchase of the House saw a decline of unsustainable peaks, then settled close to the medium to long terme.Dans the current slowdown, house purchase approvals fell to an all-time low and are still 50% below the long-term average, said Mr. Gahbauer.

"A general conclusion can be drawn is that, while home prices have fallen so far less than at the beginning of the 1990s, house purchase activity decreased more".

Nationwide figures correspond with a lifeboat data showing property market rebound last year has invested in reverse as the British prepare for the toughest Government spending squeeze generations.

Banks, concerned about the escalation of the crisis of the debt of the euro area have also defuses all but the safest borrowers loans.

However, there was little evidence that price falls have been gathering momentum in the way they have done to recession 2008.Les three months on three-month rate of decline in reality at-1. 3pc-1. 5pc in October, the first improvement in this measure since June.

Meanwhile, prices of Atlantic, driver of the boom in us when they were on the rise, yet provide consumers with little incentive to spend.

That price through 20 major metropolitan areas decreased by 0 8pc in September compared with August, based on the index of s/case-Shiller Standard & Poor more récente.Prix declined in 18 of the 20 cities américaines.Et although the investigation has shown that prices are up to 0.6 pc compared to last year, few are waiting at a rally hard.

The investigation "" suggests more pressure downward market logement.Pas necessarily great price decreases, but still significant, "said Cary Leahy Decision Economics in New York."

View the original article here

The tour operator said job reductions were made in positions of management and support services to the United Kingdom, with 120 coming from the company decided to not fill the positions.

The company will also improve its computer systems and contracts with suppliers renengotiate to lower costs.

This year, Thomas Cook, Executive Director Manny Fontenla-Novoa Earleir said employees working in the company's workshops and reservation calls and representatives of resort centres would be unlikely to lose their jobs.

Thomas Cook has approximately 13,000 employees in the UK, amounting to 15 000 peak summer period.

Mr. Fontenla-Novoa stated that year at the end of September was the worst year that we experienced after "interruption of volcanic ash, election, cutting world, weak consumer sentiment and a recovery slower than the rest of Europe."

"As we enter the year, even though the UK environment remains uncertain, that we are encouraged by a better market environment in our key markets continental and Scandinavian," Thomas Cook said this morning.

Earnings before taxes fell to ￡ 41.7 the year at the end of September, down from ￡ 45 m.1 m year précédente.Bénéfice operating fell to 391 m ￡, low 6pc with the previous year.

Revenue fell 4pc ￡ 8. 89bn, after Thomas Cook reduce the number of available and lowest winter holiday request of United Kingdom.

View the original article here