-Annual vacancies of 6.5% on
regulated tenancy portfolio
The DTCM classifies a holiday home as 'a furnished accommodation which is rented as a whole unit on a daily, weekly, monthly or annual basis without the issuance of an Ejari
regulated tenancy agreement and should be registered with DTCM through licensed operators/individual homeowners/tenants.' Once the homeowners or tenants apply for and receive the licence, they can then sub-let the property - whether apartment or villa - to third parties on a short-term basis (less than one year).
"We continue to see strong levels of trading from our
regulated tenancy portfolio, with high interest among home buyers, steady transactional activity and robust pricing.
"The market value of our assets grew by 4.7%, once again outperforming the combined average of the Nationwide and Halifax house price indices (4.1%), and sales from our continuing operations, both our
regulated tenancy sales on vacancy and development, have been very strong.
Others set to appeal are 5 Elms Road, Sutton Coldfield, a residential investment subject to a
regulated tenancy, in excess of PS150,000; 24 Manor Road, Stechford, six bedsits producing nearly PS19,000 per annum with a guide of PS125,000-PS135,000, a great return; an ex
regulated tenancy at 64 Boulton Road, Handsworth, in need of extensive modernisation, in excess of PS60,000; and 2 Hall Street, Stourbridge, a substantial double fronted property in extremely good condition, in excess of PS120,000.
Real estate experts and ordinary Israelis have had mixed responses to Finance Minister Moshe Kahlon's plan, announced Tuesday, to introduce rent control and a
regulated tenancy model as part of a reform in the Israeli rental market.
A Holiday Home is classified as a furnished accommodation which is rented as a whole unit on a daily, weekly, monthly or annual basis without the issuance of an EJARI
regulated tenancy agreement and should be registered with DTCM.
As a consequence, one can conclude that Finland is the only country of the European Union to have totally liberalized a previously
regulated tenancy market.
These are: covenant, title plan,
regulated tenancy, assured shorthold tenancy and listed status.
A Grade II-listed cottage in Falmouth (pounds 110,000-plus) might be viewed as a longterm investment - because a sitting tenant on a
regulated tenancy paying nearly pounds 4,700 a year could hold the fort for most of the next 30 years.
A recent decision demonstrated the significant and multi-faceted burdens that a would-be successor to a rent
regulated tenancy must meet.
In a trading update for the four months to January 31, the UK's largest listed residential landlord said it had seen ongoing high demand for its wholly owned and managed PRS homes as well as positive growth in
regulated tenancy rents.